Metaverse is the virtual world and it can take a long time for people to adopt it according to Morgan Stanley.  The problem with adoption will be due to major technological and regulatory issues. Virtual reality headsets provide exposure to the metaverse making it possible for the users to enjoy the immersive experience.

It is possible to see major corporations and investment banks beginning to use the Metaverse concept in their business plan. Reportedly, Morgan Stanley has stated that China alone will become the $8 trillion market for the metaverse. There is no denying that restrictions in the NFT space is creating some kind of uncertainty in adoption.

It is expected that the Metaverse will replace the mobile internet as it provides for a far better and immersive experience.  Thus, the Metaverse is expected to be the next generation internet. Morgan Stanley stated that if there should be mass adoption there should be an increase in the immersive experience facilitated by the metaverse.

Regulatory hurdles from the Chinese government is based on concepts around, “increasing focus on minors’ addiction, personal information protection, data security [and] openness of ecosystem.”

Blockworks shared: Morgan Stanley: The metaverse is an 8 trillion dollars market that will replace the mobile internet.

Community Response:  In the note, Morgan Stanley says that they expect the metaverse to go beyond the current online consumption market.

Ok, so basically everything is NOT on Bitcoin Island.

What happens when they find out Tether is a scam and the big banks annihilate Defi? Tether isn't a scam. It's just FUD used to dump Crypto from time to time. Forced correction

You know this is a lie and you said it anyway.

If it's a lie then show me proof? Why is it still kicking? It's no different from "when China ban Bitcoin" LoL.

I can make wild projections based on nothing too the metaverse is a 380 quadrillion market that will replace human consciousness.

Metaverse starting to sound like privatization of the internet where searching/viewing/clicking anything will become chargeable? Nice name for something that seems awful.

It will be a tribe of its own like the gamers. Compare buying a car at a car dealership or using Carvana? Which one is the better experience? Diving in the Metaverse is entering someone's realm and you have to play by his rules. This will be expensive.

The Plethora is going to get a big chunk of that with METF.

Do you notice all these big firms bash the crypto market until it tanks then buy up a bunch of coins then start releasing good news to pump the market?

Buy MANA while is still cheap or bought.

Breaking the world's largest economy is investing in internet 2.0 HGTP. If your node is your node.

Mobile internet replaced sounded like smartphone apps would be replaced by metaverse versions: meaning tokens from each app could be exchanged. The VR bs, on the other hand, is not something to be commercially pursued. 8 Trillion dollars is out of the question.

Bitcoin maxis in disbelief.

Unfortunately, yes. It is however not a good thing. Profit over people is already a thing in this financial world. We are seeing a melding of work with life disguised as work-life balance. Now imagine our current world represented in a metaverse.  It will be all work no play.

I also remember thinking that the first time I put on a VR headset, a few years ago. Interestingly, the last time I put on a VR headset was also a few years ago.

Dump incoming in the world of Metaverse.

I was too giddy until this reality check. Now I’m giddy, but realize we are going lower before we go back up. However, nothing can stop what is coming. Web 3.0 is here; with regulation, lawsuits, etc or not.

Deconstructing the $8T opportunity.

Facebook has renamed itself to Meta. Meta as for Metaverse is considered as the next version of the Internet.  Everything will replace mobile internet over the next 10 years.

Powered by Neos metaverse, the real metaverse NCR.

It will grow to this size because every company wants to be a part of and create its version. Mana, Metakawn, and Blacktopia are a few to look forward to. And each of them is built differently.

What does replacing the Mobile Internet even mean.

Traditional 2D screen interaction?  How do they think the metaverse will work without the internet on mobile phones?

Whatever, hearing about the future from dinosaurs is not worth sharing here.

We think it's more than a money market, it's more value for people than thinking of money.