Goldman Sachs and Morgan Stanley have each called the metaverse an $8 trillion market opportunity.Analysis from Citi in April 2022 predicts that the metaverse economy could grow to $13 trillion by 2030.
In its February 2022 “Opportunities in the metaverse” report, JPMorgan labeled the metaverse a $1 trillion annual opportunity, citing factors such as the growing virtual real estate market—which could eventually include the management of credit, mortgages and rental agreements for virtual properties—work in the metaverse (see page 38),advertising in the metaverse, and the virtual goods economy, which it estimated as generating $54 billion in yearly revenue.
Leading financial and political players are taking steps to embrace digitaleconomies.
The New York Stock Exchange is preparing for NFT and cryptocurrency trading with a trademark application, filed in February 2022, for a virtual trading marketplace. Eric Adams, mayor of New York City, announced when he was elected in November 2021 that he would take his first three paychecks in Bitcoin, following Miami mayor Francis Suarez’s pledge earlier that month to receive his next paycheck in Bitcoin.
Several countries are experimenting with nationally regulated digital currencies.
In March 2022, in the United States, President Biden signed an executive order to explore a digital dollar. In the same month, the Bank of England announced a yearlong research project in collaboration with MIT Media Lab’s Digital Currency Initiative on central bank digital currencies. And in February 2022, India announced plans to launch a digital rupee in 2022-2023.
China is currently piloting a digital yuan, with plans to eventually roll out the electronic currency for mass public use. Some 140 million people had opened “wallets” for the digital yuan as of October 2021 and had used the new currency for transactions totaling around 62 billion yuan ($9.7 billion), Reuters reported in November 2021.
In February 2022, JPMorgan, the world’s fifth-largest bank, won the race to become the first bank in the metaverse. The bank opened its virtual Onyx lounge in Decentraland to prepare for the emerging metaconomy.
“We believe the existing virtual gaming landscape (each virtual world with its own population, GDP, in-game currency and digital assets) has elements that parallel the existing global economy,” JPMorgan said in its “Opportunities in the metaverse” report.
2022年3月，世界第七大银行汇丰银行宣布将与The Sandbox合作进入元宇宙。该银行计划在The Sandbox购买一块土地，用于吸引和接触体育、电子竞技和游戏爱好者。
In March 2022, HSBC, the world’s seventh-largest bank, announced that it will enter the metaverse in partnership with The Sandbox. The bank plans to buy a piece of land in The Sandbox, which will be developed to engage and connect with sports, esports and gaming enthusiasts.
“The metaverse is how people will experience Web3, the next generation of the internet—using immersive technologies like augmented reality, virtual reality and extended reality,” says Suresh Balaji, HSBC’s chief marketing officer for Asia-Pacific. “We see great potential to create new experiences through emerging platforms.”
AmEx is exploring bringing its payments and financial services into the virtual world. The finance company is considering providing card payments, ATM services, banking services and fraud detection to customers in the metaverse, a March 2022 trademark filing suggests.
Matt Sueoka, the new global head of Amex ventures, told Fortune that he sees Web3 as a“once-in-a-generation opportunity for a potential resetting of infrastructure.”
In February 2022, Mastercard expanded its consultancy services to cover cryptocurrency, NFTs and open banking. The new dedicated services will help banks and businesses adopt digital assets like cryptocurrency and NFTs, address risk assessment for digital currencies and NFTs, and advise on the development of digital wallets, crypto credit cards, and crypto loyalty programs.
“This evolution of consulting is in recognition of the changing world and of our changing business. It’s about helping customers navigate today’s challenges and anticipating what’s next,” says Raj Seshadri, president of data and services at Mastercard.
Copyright © 2022.Company 56987.cn公司 All rights reserved. 网站备案/许可证号：沪ICP备2022007263号 ©