MARKET

The idea for ShiftZone is that it will be the future home for Blockchain Games, Cryptogaming, NFTs for Games, and the various Metaverses. These are all part of Web3 and they bring a huge market that we will be tapping. It is a growing industry that combines the worlds of cryptocurrency and gaming. It offers a number of unique opportunities for players, developers, and investors.

Below showcases the potential of what the Web3 Gaming industry (including the metaverse) will be in the very near future:

  • The Blockchain gaming market was $4.6B in 2022 and is expected to grow to $65.7B in 2027 at a CAGR of 70.3%.

  • Citi predicts that the metaverse economy could be an $8 trillion to $13 trillion total addressable market by 2030. This

  • Goldman Sachs put a $12.5 trillion number on the space, in a bullish outlook that assumed one-third of the digital economy shifts into virtual worlds and then expands by 25%.

  • JP Morgan predicts the metaverse's initial total addressable market (TAM) in China will be approximately be $4 Trillion, as it replaces the mobile internet with a more immersive experience and is expected to swell to $8 Trillion once it begins to disrupt offline activity as well.

  • The metaverse could see 5 billion unique internet visitors by 2030, driving trillions of dollars in revenue in this next generation of the internet

  • As the popularity of NFTs has grown, the NFT market has climbed to more than $40 billion in value, according to The 2021 NFT Market Report

  • The NFT market size is expected to grow by at least 33% year over year and is forecasted to reach approximately $80 billion in net sales volume by 2025 and nearly $350 billion by 2030.

  • The global crypto market cap is $1.06 trillion as of August 1, 2022. Approximately $112 billion is traded in cryptocurrency per day.

Suffice to say, the opportunities and the market have a very bright future and ShiftZone will be in a very strategic position to make the most of it, especially in the blockchain gaming part of it.

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