The metaverse sector successfully gathered $120 billion in investments in the year 2022, as detailed in the findings released by Cryptomeria Capital.

The Web3-focused investment group Cryptomeria Capital has shared a report titled ' The Metaverse Overview, ' which outlines both the current state of the metaverse and its potential for the future.

The report includes insights on investments related to the metaverse. In 2020, a total of $29 billion was poured into the sector by venture capitalists, which increased to $57 billion in 2021. By just the first five months of 2022, the investments in the metaverse already ranged between $95 and $105 billion. The bulk of these investments from 2020 to 2022 were made through mergers and acquisitions (M&A).

In 2021, private equity and venture capital organizations directed $13 billion into funding metaverse projects, while companies focused on the metaverse raised nearly $10.4 billion across 612 funding rounds. This funding primarily targeted four areas: gaming received $7.5 billion, online games amassed $2.5 billion, augmented reality garnered $2.1 billion, and virtual worlds collected $62.8 million.

The Future of the Metaverse

A McKinsey analysis predicts that by 2030, the metaverse could have an estimated value of around $5 trillion. Current trends support this projection, as metaverse investments have already surpassed the total investments seen throughout 2021 as we approach the ninth month of 2022.

The metaverse is expected to see its most transformative applications in sectors like e-commerce, retail, banking, discrete and process manufacturing, professional services, telecommunications, and media.

Alex Mukhin The co-founder and managing partner at Cryptomeria Capital believes that the metaverse will redefine modern living:

"Currently, it serves purposes in business, entertainment like sports and gaming, as well as fashion. For those who plan to engage extensively with the metaverse, it’s vital to undertake a deeper examination of this trend so corporations can figure out how to utilize this technology judiciously, weighing development costs and researching their position in this emerging field. Major technology players such as Meta, Microsoft, Nvidia, Apple, and Alphabet are heavily investing in virtual reality environments and backing metaverse startups.\"

Significant Investments in the Metaverse and Related Industries

In the past few years, the metaverse sector has experienced a wave of considerable funding:

1. The NFT marketplace OpenSea successfully raised $300 million, reaching a valuation of $13.3 billion;
2. Improbable, a technology company focused on the metaverse, secured $150 million in their latest funding round;
3. Yuga Labs, the creator of BAYC, raised $450 million at a $4 billion valuation;
4. The Sandbox collected $93 million, later adding another $300 million to their total;
5. Optic, a startup specializing in AI-driven NFT verification, raised $11 million;
6. Yuanjing Shengsheng, which operates in the metaverse e-commerce space, received $1.6 million.

Global technology firms are making substantial investments in the metaverse, including a $39.5 million stake by Google in a private equity fund earmarked for metaverse initiatives. Furthermore, the tech giant Meta has dedicated around $10 billion towards advancing its metaverse.

Governments are also recognizing the potential and are investing in virtual ecosystems. For instance, Seoul's administration is developing a platform worth 3.9 billion won (over $3 million) that enables virtual access to public services. Additionally, the South Korean government is actively participating in supporting the nation’s metaverse industry. invested $177 million However, South Korea is not alone in its metaverse ventures. Dubai has unveiled a new initiative aimed at infusing $4 billion into its national economy over five years while simultaneously creating 40,000 virtual jobs. On the other hand, Miami, known as a blockchain hub, is poised to become the Sister City of Wilder World’s virtual city dubbed Wiami.

Since January 2021, the metaverse has seen a total of $77 billion in mergers and acquisitions. The most significant acquisition to date was executed by Microsoft when they bought gaming developer Activision Blizzard for $69 billion. Following closely, the Match Group acquired AR solutions provider Hyperconnect for $2 billion, while Unity Technologies took over animation firm Weta Digital for another $2 billion. metaverse strategy One of the most intriguing monetization strategies within metaverses is virtual real estate. The trend of purchasing digital land has caught fire among celebrities and investors alike, with sales skyrocketing particularly on platforms like Decentraland and The Sandbox.

Notable rapper and cryptocurrency enthusiast Snoop Dogg has conducted a successful land sale on his digital estate within The Sandbox. A collector purchased a parcel of land in Snoop Dogg's metaverse for a whopping $450,000. In The Sandbox, the virtual real estate developer Republic Realm set a record by acquiring land from Atari for an astonishing $4.3 million. Luxury brand Gucci has also entered the fray, acquiring a plot as part of its expansion into the metaverse with their own digital initiatives.

Investments in the virtual land

Financial institutions are also tapping into the metaverse, with HSBC partnering with The Sandbox to acquire digital land for building ecosystems surrounding sports, e-sports, and gaming. JP Morgan's Onyx blockchain division reported that the average price for virtual land surged from $6,000 in June 2021 to $12,000 by December 2021. They too ventured into the virtual property space by securing a location in Decentraland for their Onyx Lounge.

While some remain cautious about the virtual landscape, it is evident that the metaverse sector is on an accelerated growth trajectory, and we can expect continued significant investments throughout the remainder of 2022. Snoopverse Metaverse Post in collaboration with Cryptomeria Capital: Research Endeavor Gucci Vault division .

$154 million was lost in gas fees during the minting of Otherside Lands.

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• Agne is a journalist dedicated to capturing the latest trends and advancements in the realms of the metaverse, AI, and Web3 for Metaverse Post. Her enthusiasm for storytelling compels her to conduct numerous interviews with industry experts, striving to uncover captivating narratives. Agne has earned a Bachelor’s degree in literature and possesses a rich background in writing across diverse subjects, including travel, art, and culture. Additionally, she has served as an editor for an animal rights organization, working to amplify awareness around animal welfare issues. You can reach out to her at
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