Metaverse is going to be the next big thing in the crypto space and its in the early stage as of now. Even at this stage, we can see many companies have announced their presence or have made it already and many others are considering this to make it soon so we can expect that there will be much more happening here in the coming months and years. Crypto has become like an umbrella where we have many things under this and each one is trying to add value to the entire ecosystem. The good thing is that this adoption is happening even when the market is down which is nice because sooner or later market will recover and may grow even further than what we expect it to be. I see more adoption when prices are low and it shows that the world is trying to realize the value of crypto and blockchain technology.
Sony is one of the technology leaders and we know the PlayStation build them which is such a nice device to amazing games. Sony has announced that they will focus more on the metaverse and they will work on it as part of their entertainment strategy. Undoubtedly Sony is a giant in its segment and if they enter in metaverse then we have to agree that this will add a great value to the metaverse segment as well as the crypto ecosystem.
Sony, the global electronics giant, has announced it will take a more focused approach when it comes to metaverse experiences as part of its entertainment strategy. The company that owns the Playstation brand revealed that prior investments in Epic, makers of the Fortnite game, and Bungie, another gaming studio, are part of this new push.
Like Defi, NFT, the metaverse is also a segment in the coinmarketcap portal and we get to know about the projects that work in the metaverse. Decentraland (MANA), and Sand are very well-known names, and these days I hear a lot about ApeCoin as well. Other than axie and theta is also on the list however they are more into NFT gaming but now they are also focused on metaverse.
With the kind of attention and adoption Metaverse has been getting over the last few months, it seems like things are really going well and we can much more to happen here in the coming months. It also opens an opportunity for the investors to choose the right project and its high likely to happen that this will bring many metaverse projects into the crypto space. Its always the right approach to investing in something that is in trend and we can not deny the fact that Metaverse is in trend and it can give us very good returns on the investment.
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