A new study by Uswitch revealed which countries are ready to embrace the metaverse by more technical standards, such as fixed broadband speeds and prices.
The metaverse and digital reality experiences are barreling toward consumers, whether they are ready or not. However, there are certain places in the world that are more ready to embrace a digital future from a technological standpoint.
A new study by Uswitch, an internet and telephone service researcher, looked at a combination of fixed broadband speeds, broadband package prices, the number of blockchain financial start-ups and the price of high technology exports to determine which countries have the capacity to embrace the metaverse.
At the top of the list is the Netherlands, with the most hospitable conditions to cater to such technology. According to the study, the Netherlands has one of the highest average fixed broadband speeds of 106.51Mbps. The country also produced roughly $6,000 of high-technology exports per capita last year.
The Netherlands also ranked number one in metaverse interest from a consumer standpoint, according to a different survey.
Following the Netherlands are Switzerland, Lithuania, Malta and France. All countries in the top five spaces are known for showing interest in the emerging Web3 space. Malta has been particularly a longtime crypto and blockchain hub.
The United Kingdom and the United States, two major players in the metaverse development space, came in 7th and 12th, respectively.
Despite recent turbulence in the Web3 space, development surrounding the metaverse continues to push forward.
Recently, Animoca Brands announced that it is taking a majority stake in a new music metaverse gaming platform. This came shortly after the company announced its plans for a billion-dollar metaverse development fund.
Meta, the Facebook parent company, is also back in the metaverse spotlight after co-founder and CEO Mark Zuckerberg said he’s not letting criticism and significant monetary losses stop plans for building a metaverse platform.
© 2022-2023 Crypto Caster provides information. CryptoCaster.world does not provide investment advice. Do your research before taking a market position on the purchase of cryptocurrency and other asset classes. Past performance of any asset is not indicative of future results. All rights reserved.
Support CryptoCaster with any amount of Bitcoin by copying and pasting our Unstoppable Domain; villagewest.crypto in your sending wallet or crypto coin exchange.
Your contribution support will help in our growth, coverage, and global presence. CryptoCaster is a decentralized publisher “Covering a Global Evolution Re-defining Mediums Of Exchange”. We will continue to upgrade and create impactful sections to our lineup.
Any amount, as often as you can contribute will be greatly appreciated.
Every contribution, however big or small, is so valuable for our future. Thank you for your consideration and support!
Member of Global Meta Media Consortium℠ – www.g2mc.world