Investors are pouring billions into blockchain-based metaverse deals, with close to $2 billion invested in 2022 alone. Industry experts predict that the metaverse industry could generate up to $13 trillion in revenue by 2030, a significant increase from the $65.5 billion global market recorded in 2022.

Despite market cap losses for industry leaders like Meta, major players like Microsoft, Apple, Nvidia, and Qualcomm are developing their metaverse strategies. However, caution is advised for investors as a majority of token transactions in metaverse projects are driven by speculation rather than actual usage within the metaverse.