The metaverse has the potential to revolutionise how we socialise and have fun

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The metaverse has the potential to revolutionise how we socialise and have fun

More and more businesses are entering the metaverse, which keeps it in the news. A recent survey found that users generally believe the metaverse will have a significant impact on their daily lives.

This article was written by Jasmine Anand.

CoinWire polled more than 10,000 crypto investors in December 2022, and most of them expected to make use of this cutting-edge tech in their everyday interactions with others. Sixty-nine percent of respondents believed the metaverse would have an impact on their entertainment preferences in their daily lives, and sixty-five percent claimed it would alter the way they interacted with others. It was also agreed upon that the metaverse is likely to have an effect on fields like business, finance, and education.

More than half of those who have invested in the metaverse space, according to the survey’s results, own cryptocurrency.

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Which nation has the highest rate of people using metaverse technologies?

The United States ranked first in terms of metaverse creativity. However, 78% and 75% of respondents in China and India were optimistic about the practical applications of the metaverse, respectively, followed by 74% in Peru, 71% in Saudi Arabia, and 67% in Columbia.

Surprisingly, the survey found that while almost everyone has heard of Web3, many people still have no idea what it means. In addition, many financiers are wary of the crypto industry, and the majority of respondents believe that more rules should be put in place to control the industry’s inherent volatility.

It is noted that due to lockdowns and social distancing, many people who were quarantined at home during the pandemic experienced loneliness. Lockdown restrictions have been lifted, but people are still not talking to each other much. However, interacting in the metaverse has the potential to be more engaging and interesting than doing things like sending texts or looking at images.

Daniel Harrison

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