2022. A Year in Review: MetaFi

In October 2021, Mark Zuckerberg, CEO of Meta, announced Facebook's vision to build an alternate virtual existence for individuals by employing augmented reality (AR) and virtual reality (VR) technologies. Since then, the hype around Metaverse has swept the world. In 2022, during the bear market, the segments and projects associated with Metaverse were forced to take a break and focus on building their product and community.

Metaverse is a new web app and social network type that implements many innovative technologies and combines real and virtual worlds into a single whole. As mentioned before, Metaverse works based on VR technologies, which provide an exciting experience and project the real world into the digital mirror reflection.

MetaFinance is the inner economy model based on blockchain technology, enriching the virtual world with real-world inputs such as the economy and identification system and rewarding users for social interaction and content creation. Metaverse core includes a range of advanced technologies, such as cloud computing, advanced displays, neural interfaces, robotics, artificial intelligence, and blockchain, of course.

According to Statista.com, the Metaverse market volume reached $38,5 billion in 2021, $47,48 billion in 2022, and is expected to reach $678,8 billion in 2030. So, be sure to pay attention to perspective projects in this segment and…

Ready Player One.

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