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It appears that Latin American nations are leading the way in enthusiasm for the Metaverse, embracing its possibilities with open arms.

Image by Mirko Grisendi from Pixabay

survey A survey for the World Economic Forum (WEF) highlighted that there's a significantly more positive outlook on the Metaverse in developing nations. Research firm Ipsos indicated that countries like Chile, Argentina, Colombia, Brazil, and Peru are notably optimistic, with Peru exhibiting the highest enthusiasm—74% of its population view the Metaverse favorably. Interestingly, individuals in China topped the survey with a 78% positivity rate.

The survey also revealed insights into the most advantageous applications of the Metaverse anticipated over the next decade. Virtual education and immersive entertainment topped the list with 66% and 64% approval ratings respectively, followed closely by virtual workplaces at 62% and virtual gaming at 60%. Meanwhile, trading digital assets and virtual travel garnered lower scores at 52% and 48%. positive feelings toward the virtual world. 

This month, Axios released a different survey finding that around a third of Americans expressed more fear than excitement about the Metaverse, while the majority—58%—claimed to feel indifferent, and only 7% registered as excited about it.

An increasing number of businesses, brands, and artists are stepping into the Metaverse as they seek to broaden their market reach. This virtual landscape is anticipated to evolve into a colossal industry worth $13 trillion, as according to industry forecasts, prompting participants to explore innovative avenues to engage new audiences online. Yet, it seems the opinions about this digital world are quite varied across different regions. showed Cryptocurrencylistings Markets: Cryptocurrencies are currently navigating a phase of stabilization.

The Catawba Nation is in the process of establishing a special economic zone focused on cryptocurrency. CitiBank A seaside resort in Slovenia is issuing NFTs as a strategy to bolster tourism.

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Countries in Latin America are recognized as the most passionate supporters of the Metaverse, according to a report by Metaverse Post.

The research carried out for the World Economic Forum (WEF) indicates that developing nations have a more favorable outlook on the Metaverse compared to their Western counterparts.

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