Blockchain technologies and NFTs (Non-Fungible Tokens) are transforming digital experiences. In 2022 the NFT market is expected to reach as much as $35 billion in net sales volume. Based on its current growth rate, reputable sources forecast the NFT market to grow to about $80 billion by 2025.
The functionality of NFTs continues to evolve as more companies and innovators enter the space. They’ve been implemented into gaming and now, with our PLE model, we have the opportunity to implement additional utility to our NFTs.
RedCat Multiverse sits at the intersection of multiple high growth markets - gaming, cryptocurrency and learning:
- The global gaming market reached $177.8B in 2020.
- NFT sales surged to $35B in 2022. The expected number of crypto wallet holders is 81M in 2022.
- The MOOC market is expected to grow to $21B by 2023.