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Report on Sector: Metaverse

The metaverse is an online network of 3D simulated environments supported by blockchain technology and accessible through virtual reality (VR). Businesses have countless opportunities to expand their identities, find customers, and develop new markets thanks to technology. According to Precedence Research, the worldwide metaverse industry is expected to grow to $1.3 trillion by 2030. Overview […]

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EU Announces Metaverse Regulation Initiative Plans

Happenings across the globe show that many countries are working toward integrating and aligning their regulatory systems to accommodate Metaverse activities. That said, the European Union (EU) bloc is one of the global regions in this process and recently announced a Eurozone initiative that will allow Europe to “thrive in the metaverse.” The initiative, which […]

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