McKinsey Says $120B Already Invested in Metaverses in 2022

Jul 06,2022
KingData News: Interest into the metaverse has skyrocketed in 2022, nearly every week there is a new report of another organisation investing into Web3 or creating a new line of NFTs, a new McKinsey report breaks down what is behind this bourgeoning investment. The report, Value Creation in the metaverse, highlights that already more than US$120 billion has been poured into the metaverse in 2022, more than doubling the 2021 total amount of US$57 billion. From those investments, the investors behind the funds can be split into three categories: large technology companies(Meta, Microsoft, Nvidia, Apple and Google), venture capital and corporations and brands, according to the report.
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