Metaverse – A Reality or A Hype Status, Present Data And Forecast 2027

It seems that the main focus of Meta's metaverse will be a social network. After all, if users couldn't participate in some way, a virtual "reality" wouldn't be much of a "reality." Yes, this involves NFT and bitcoin exchanges, but it also includes more conventional socialising.

The online gaming platform Roblox is a great illustration of this. More over half of all American youngsters under the age of 16 were playing it in 2020. Players of the video game platform Roblox have access to a library of games that were all made by other Roblox users. It currently has more than 20 million games in its library, many of which are monetizable.