The metaverse and digital reality experiences are spiraling toward consumers, whether they are ready or not. However, from a technological perspective, there are some regions and countries across the globe that are more prepared to embrace a digital future.
The number of blockchain financial start-ups, fixed broadband speeds, broadband package costs, and the cost of high-technology exports was all critical factors considered in a recent study. Internet and telephone service researcher Uswitch researched which nations are best suited to embrace the metaverse considering all these variables.
The Netherlands is at the top of the list because it has the best capabilities to meet such technology. The Netherlands has one of the highest average fixed broadband speeds in the study, at 106.51 Mbps. Additionally, last year, the nation’s high-technology exports were equivalent to about $6,000 per capita.
As per a different survey, the Netherlands also topped the list of consumers’ interest in the metaverse.
Switzerland, Lithuania, Malta, and France come after the Netherlands. It is well known that each of the top five nations has expressed interest in developing the Web3 market. In particular, Malta has long been a center for blockchain and cryptocurrency.
Two significant nations involved in developing software and hardware for the metaverse, the United Kingdom and the United States, placed 7th and 14th, respectively.
Despite the recent upheaval in the Web3 industry, the metaverse’s development is still moving forward.
Animoca Brands recently announced that it is taking majority ownership in a new music metaverse gaming platform. This happened soon after the company revealed its intentions for a billion-dollar metaverse development fund.
Following comments from co-founder and CEO Mark Zuckerberg that he isn’t letting criticism and significant financial losses stop plans for developing a metaverse platform, Meta, the parent company of Facebook, is once again in the metaverse spotlight.
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