The metaverse is one of the most exciting concepts in the crypto market, and major projections on its future potential have many users stoked.
According to a recent Statista’s Advertising & Media Markets Insight report, the worldwide metaverse revenue would hit half a trillion dollars in the next seven years. One project scheduled to profit from this is the newly launched move-to-earn (M2E) concept, Fight Out.
The metaverse is not a one-way alley but a multi-faceted solution that provides a new web experience for users. Besides the gaming space, the metaverse offers a virtual portal for e-commerce, education, and workplace collaboration. Another key use case the evolving concept enables is the health and fitness landscape.
By combining virtual reality, augmented reality, and other immersive technologies, the metaverse provides a virtual roadway where users can better optimize their lifestyles.
According to a Statista report, the health and fitness industry is estimated to hit $400 billion by 2030. This shows the immense appeal the virtual landscape has for health-fitness buffs.
However, the report does not end here. E-commerce sales are expected to grow to $200 billion over the next seven years, a 10x increase from the current figure of $20 billion. Gaming is also expected to benefit from this new portal, with the entertainment landscape expected to hit $163 billion from $10 billion.
One project leading the charge in the blockchain health and fitness space is the play-to-earn (P2E), and move-to-earn (M2E) metaverse concept Fight Out.
Fight Out is a new P2E and M2E concept protocol that assists users in reaching their fitness goals. With this protocol, users can train and complete workouts from the metaverse.
The blockchain
Read more on cryptonews.com