Year In Review: 2022
Digital assets experienced a remarkable surge to prominence in 2021. The total market capitalization of the sector reached $3 trillion in November 2021 resulting in a record-breaking performance by Bitcoin and Ethereum, propelling prices to $69,000 and $4,900...
Solana Labs Opens Retail Store
The march towards mainstream adoption of Web3 accelerates with the introduction of Solana Spaces, a “brick-and-mortar” retail store in NYC Hudson Yards. Attracting 5,000 visitors in the two weeks following grand opening, the storefront represents a shift to real-world...
Institutional Adoption of Web3
The march towards Web3 adoption continues despite negative price action in the digital asset market. As Bitcoin and Ethereum approach $23K and $1100, down 65-75% from record highs in November 2021 – banks, corporations, and venture capitalists continue to move...
Citibank Expects Metaverse Economy to Reach $13 Trillion by 2030
The Metaverse and NFTs are reshaping business and consumer interaction over the web. Citibank analysts expect the Metaverse Economy to reach a total addressable market (TAM) of $8-13 trillion and five billion users by 2030. The first Metaverse Fashion Week (MVFW)...