Market analysis
Last updated
Last updated
Global Web 3.0 Market Size to Reach USD 81.5 Billion in 2030 / Emergen Research Increasing preference and use of Non-Fungible Tokens (NFTs) as well as digital collectibles, digital currencies, and other blockchain entities is expected to continue to support revenue growth of the market going ahead. For example, Reddit is making Web 3.0 inroads by developing a mechanism that enables use of cryptocurrency tokens, which will allow users to control pieces of the on-site communities in which they participate.
This will result in rewards to users in the form of community points, which they can earn by posting on a specific subreddit. These points can be used as voting shares, which will allow users with significant contributions to have a greater say in community decisions. These points are stored on the blockchain and cannot be taken away easily, and their owners will have more control over them. However, a corporate version of a Web 3.0 concept known as Decentralized Autonomous Organizations (DAOs), which uses tokens, enables more evenly distributed ownership and decision-making authority.
Cryptocurrency market to hit 4.94 billion USD by 2030
Metaverse to be worth $5 trillion by 2030.
The metaverse will see 5 billion unique visitors by the end of 2030, driving $13 trillion of revenue
Global Web 3.0 Market Size to Reach USD 81.5 Billion in 2030
