Like other sectors in the broader cryptocurrency space, the metaverse side of crypto continues to see adoption, investment, and growth.
More Universities Add Metaverse Studies
The University of Tokyo is adding several programs that will take place in the metaverse. Grad students in engineering and engineering-related schools are teaching anyone from high school to adult learners.
Halic University and Atlas Space launched Turkey’s first Metaverse Scholarship, targeting 100 students who have succeeded in the blockchain, AR, VR, NFT, and crypto money fields. Estimates value the scholarships at 120,000 Turkish Lira per student ($6,700*).
*If you’re at all involved with the FX (Foreign Currency) markets, then you’ll know that the Turkish Lira has bounced around more than Ish Smith (played with 12 different NBA teams), so don’t expect that number to be accurate for long.
Metaverse land/real estate boom?
Traditional finance looks at crypto investors/traders like everyone else looks at new digital real estate investors/traders. It’s a look that says, ‘how stupid do you have to be to invest in this?’ So maybe I’ll miss the boat on this one, but there’s a ton of growth nonetheless.
Research by technavio shows that digital real estate sales in the metaverse may grow to over $5 billion by 2026. Estimates are that roughly 41% of that growth will come from North America.
How much adoption and interest from traditional real estate money remains unknown.