![]() If you want to keep up with the trends of blockchain industry, join our communities on Discord, Reddit and Telegram. App Annie, a game analytics firm, said that metaverse gaming applications would generate over $3 billion by the end of 2022, with ROBLOX, Decentraland, and The Sandbox as some of the largest games in the Metaverse gaming space. ![]() According to the report, the overall metaverse market size is estimated to be $38.5 billion, with web3 games participating significantly in this figure by bringing in about 400 million active users. Luisa Zhou published a report earlier this week that represents the overall market size of the metaverse. The third point that was discussed in the report was the process of choosing appropriate SDKs and wallets. The report also discussed smart contract development in which the number of credible repositories providing pre-audited smart contracts for game developers’ use cases was low, and it was a huge challenge for game developers. Other notable NFT sales included a single CryptoPunk that sold for 11.8 million and a single Bored Ape. One of these issues was the chain selection process involving selecting the best chain for development after comparing the transaction fees. The report presented numerous key areas that need more attention while developing metaverse games. Game7 published a 46-page report that outlined the challenges and problems faced by developers while developing web3 games. Certified Augmented Reality (AR) Developer™.Certified Augmented Reality (AR) Expert™.Certified Internet-of-Things (IoT) Developer™.Certified Internet-of-Things (IoT) Expert™.Certified Information Security Executive™.Online Degree™ in Blockchain for Business.Online Degree™ in Cryptocurrency & Trading.Certified Artificial Intelligence Expert.Certified Blockchain Security Professional™.Certified Blockchain & Digital Marketing Professional™.Certified Blockchain & Healthcare Professional™.Certified Blockchain & Law Professional™. ![]() Certified Blockchain & HR Professional™.Certified Blockchain & KYC Professional™.Certified Blockchain & Finance Professional™.Certified Blockchain & Supply Chain Professional™ Sfermion Raises 100M NFT Fund as Facebook Stokes Metaverse Mania Consensus Magazine Learn Bitcoin Calculator Consensus Webinars Indices About Markets Finance Technology Web3 Policy CoinDesk.Certified Cryptocurrency Auditor™ (CCA).Certified Virtual Reality (VR) Developer™.Artificial Intelligence (AI) & Machine Learning.Certified Artificial Intelligence (AI) Developer™.SAND is required to create, sell, and monetize your own NFTs. On top of all that, it’s utilized to keep track of and make improvements to the platform. In the Sandbox marketplace, users utilize it to buy, sell, or swap NFTs. Certified Artificial Intelligence (AI) Expert™ SAND is a virtual currency on the Ethereum network, represented by the ERC-20 token.
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