In this series, we answer questions on investing. This week, we look at the metaverse and if there are opportunities to make money from it.
Q: A Citi report in March called “Metaverse and Money; decrypting the future” estimates that the metaverse could be worth anything between US$8 trillion and US$13 trillion (S$18 trillion), with as many as five billion users by 2030. What are the opportunities to make money in the metaverse economy?
Tycoon Kwek Leng Beng’s Millennium Hotels and Resorts has launched a new M Social hotel, but don’t worry about packing anything – all you’ll need is a laptop to visit it.