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In The Money
Metaverse can help teach users about real world of finance
In this series, we answer questions on investing. This week, we look at the metaverse and if there are opportunities to make money from it.
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A visitor is pictured in front of an immersive art installation, titled Machine Hallucinations - Space: Metaverse, in Hong Kong.
PHOTO: REUTERS
Aurobindo Ghosh
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Q: A Citi report in March called “Metaverse and Money; decrypting the future” estimates that the metaverse could be worth anything between US$8 trillion and US$13 trillion (S$18 trillion), with as many as five billion users by 2030. What are the opportunities to make money in the metaverse economy?
When Facebook rebranded its parent company Meta last year, there was a buzz about the reason. Facebook chief executive Mark Zuckerberg noted: "I want to anchor our work and identity on what we're building towards."
