The Crypto industry as a whole has seen a momentous year of growth, heavily spurred on by the entrance of institutional investors adopting Bitcoin due to its store of value properties. The 2020 spike Bitcoin experienced was also accelerated by its global adoption, as the number of global crypto users reached 500 million in June 2022.
In the aftermath of COVID-19 and the acceleration of Blockchain adoption across the world, it is also predicted that the Blockchain Industry is to expand further within both the Sport and Non-Fungible Token (NFT) sectors. The Metaverse is the bridge between physical and virtual worlds within the decentralized and open-source virtual world. According to Strategy Analytics (Global Research Company), the global metaverse market is projected to reach a $280 billion valuation by 2025.