The metaverse will become “the place to be”. For investors in the cryptocurrency industry. According to a survey, more than half of American developers believe Metaverse will be the most popular place to exchange, buy or store crypto-assets like Bitcoin or Ether.
Agora, an interactive streaming video calling platform, has just released the resultsA vast investigation is devoted to the metaverse. As part of this research, the Agora teams interviewed 300 developers based in the United States. The aim of the survey was “Read more about what they thought about the Metaverse and what we’ll see in the coming years”.
57% of developers surveyed believe that metaverses, these digital worlds, will become accessible through virtual reality or augmented reality. “The most popular place to buy, store and trade cryptocurrencies”, Like Bitcoin, in the years to come. Note that 18% of respondents disagree with this statement and 25% have no opinion.
55% of developers think Facebook will take over the Metaverse
According to the developers, Metaverse is on the way Replacing many cryptocurrency ecosystem services, such as exchanges (decentralized or centralized) or digital wallets. Surprisingly, most developers are convinced that cryptocurrency and blockchain technology are essential to the development of the metaverse.
70% of the respondents confirm that “Advances in cryptocurrency and blockchain technology will be critical in shaping the future of the metaverse”. Only 9% of developers disagree. Metaverse’s flagship technology includes non-fungible tokens (NFTs). 53% of developers believe that blockchain certified digital jobs will be more important in the future digital world.
To democratize, to metaverse Encounter a series of obstacles. Respect for privacy is one of Metaverse’s biggest challenges, according to developers interviewed by Agora. “33% of respondents think that privacy and data security are the biggest barriers to overcoming the metaverse”, the study says. Mirroring current networks, future platforms must guarantee internet users and their personal data are protected.
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As expected, 55% of developers believe Meta (formerly Facebook) will establish itself as the principal owner of the Metaverse. Mark Zuckerberg’s company revealed its interest in the digital universe at a conference last year. Inspired by its founder, Meta strives to accelerate the development of accessible universes in augmented or virtual reality.