Metaverse is a hot topic right now, as reflected in media and corporate presentations, as well as in a sharp increase in Google searches. Many citizens see enormous potential in Metaverse applications, while at the same time many are afraid of digital parallel worlds, as shown in a new infographic from Block-Builders.de.
The Google Trends Score for the term “Metaverse” currently stands at 98, with a value of 100 representing the highest possible relative search volume. The score was still in the single digits late last summer, but the renaming of Facebook to Meta has led to a hype that is still going strong. Meanwhile, more and more German citizens are searching on Google for VR glasses, which are considered a gateway to the Metaverse.
About 17% of Germans already use VR glasses now and then. Just under one in two Germans can imagine using such devices in the future. But if you think that this optimism and belief in technology is unanimous, you are mistaken.
Across all age groups, 15% of Germans are afraid of digital parallel worlds. What’s particularly interesting is that the figure is as high as 35.3% among 18- to 29-year-olds.
Despite all the sceptics, at this point in time there is much to suggest that Metaverse is more than just a short-lived trend, but is instead a topic that will actually continue to grow in importance over the next few years.
Savvy investors can in turn take advantage of the momentum. In particular, Metaverse cryptocurrencies – different currencies that function as a means of payment in some already existing metaverses – have been able to increase enormously in value, including Decentraland and The Sandbox. Of course, this comes at a high risk, as it is still far from clear which project will be able to establish itself in the long term.