The metaverse may be one of the biggest stories of 2022.
Thrust into the spotlight by Mark Zuckerberg, the metaverse “is a sci-fi concept whereby humans put on some sort of headset or smart glasses that allows them to live, work and play in a virtual world much like the one depicted in the ‘Ready Player One’ movie,” says CNBC.
While it may take some time for the metaverse to go mainstream, Emergen Research says it could be worth up to $828.95 billion by 2028. Others, such as Matthew Ball, the CEO of Venture Capital firm Epyllion says the metaverse could be a $10 trillion to $30 trillion market. All of which could be beneficial for Tokens.com Corp. (NEO: COIN) (OTCQB: SMURF), which is the only public company that owns metaverse real estate, Coinbase Global Inc. (NASDAQ: COIN), Meta Platforms (NASDAQ: FB), Microsoft Corp. (NASDAQ: MSFT), and Snap Inc. (NASDAQ: SNAP).
Major industries are already getting involved in the digital world, too.
Nike Inc. just filed for several new trademarks to design and sell virtual Nike sneakers and apparel in the metaverse.
CVS Corp. filed for a trademark to sell virtual goods, NFTs, and could even provide healthcare services, including prescription drugs and personal care products. Walmart Inc. “filed several new trademarks late last month that indicate its intent to make and sell virtual goods, including electronics, home decorations, toys, sporting goods and personal care products. In a separate filing, Walmart said it would offer users a virtual currency, as well as NFTs,” says CNBC.