This New Project Aims to Tap Into Half a Trillion Dollar Metaverse Market With Real-World Rewards - Here’s How It Works
The metaverse is one of the most exciting concepts in the crypto market, and major projections on its future potential have many users stoked.
According to a recent Statista’s Advertising & Media Markets Insight report, the worldwide metaverse revenue would hit half a trillion dollars in the next seven years. One project scheduled to profit from this is the newly launched move-to-earn (M2E) concept, Fight Out.
The metaverse is not a one-way alley but a multi-faceted solution that provides a new web experience for users. Besides the gaming space, the metaverse offers a virtual portal for e-commerce, education, and workplace collaboration. Another key use case the evolving concept enables is the health and fitness landscape.
By combining virtual reality, augmented reality, and other immersive technologies, the metaverse provides a virtual roadway where users can better optimize their lifestyles.
According to a Statista report, the health and fitness industry is estimated to hit $400 billion by 2030. This shows the immense appeal the virtual landscape has for health-fitness buffs.
However, the report does not end here. E-commerce sales are expected to grow to $200 billion over the next seven years, a 10x increase from the current figure of $20 billion. Gaming is also expected to benefit from this new portal, with the entertainment landscape expected to hit $163 billion from $10 billion.
One project leading the charge in the blockchain health and fitness space is the play-to-earn (P2E), and move-to-earn (M2E) metaverse concept Fight Out.
Fight Out is a new P2E and M2E concept protocol that assists users in reaching their fitness goals. With this protocol, users can train and complete workouts from the metaverse.
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