Buy Decentraland or The Sandbox? Maybe Invest in High Return Alternative RobotEra
Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Metaverse technology could transform many aspects of human life and interaction in the coming decades. According to a recent report by McKinsey, the value added by the metaverse could be as much as $5 trillion by 2030. Although the hype is huge, with the metaverse touted as having the potential to transform our work and social lives, as well as our consumption of goods and entertainment, including gaming, there are concerns that the adoption of metaverse technology might place too much power in the hands of too few. For example, Facebook transitioned to become Meta Platforms in 2021 and announced that its main focus would now be on building a widely usable metaverse. However, this would be a centrally controlled metaverse, in which Facebook developers and executives would wield ultimate power. Hence, there has been massive...