Blockchain has been fostering the development of new and often unpredictable markets and economies driven by demand for innovation.
From unprecedented crowdfunding mechanisms to play-to-earn (P2E) and move-to-earn (M2E) models, decentralized technology is empowering communities like never before.One of the next big things in today’s tech revolution is the so-called Map2Earn — an emerging and fast-growing trend revolving around an economic model that incentivizes people to scan physical locations and buildings for 3D mapping.
While this is not an independent market yet, Map2Earn may play an essential role in augmented reality and the Metaverse. Both are multibillion-dollar markets and are expected to expand rapidly in the following years.Some analysts expect the Metaverse market to exceed the $1 trillion mark by 2030.
The AR and virtual reality market may grow to about $500 billion by that time.Many AR and Metaverse use cases involve simulations of a map.Read more on cointelegraph.com