The metaverse had a billion dollars pumped into it, and yet for all they money they spent they have literally no users to show for it. Likewise for NFTs, a few idiots got suckered into paying for monkey JPGs and are now left holding a bag that no one wants.
The blockchain has a small cult trading money back and forth to make it look bigger than it really is. But it’s never achieved any kind of mainstream adoption as the currency true believers keep insisting it will be. And it never will, because it’s way too inefficient to ever scale.
In 2024-2025, estimates put the NFT market in the 30-40+ billion dollar range (market size or annual sales), with giving a projected 34.1 billion dollars valuation in 2025 and Q1 2025 sales over 8.2 billion dollars on their own.
https://fortunly.com/statistics/nft-statistics/
The metaverse had a billion dollars pumped into it, and yet for all they money they spent they have literally no users to show for it. Likewise for NFTs, a few idiots got suckered into paying for monkey JPGs and are now left holding a bag that no one wants.
The blockchain has a small cult trading money back and forth to make it look bigger than it really is. But it’s never achieved any kind of mainstream adoption as the currency true believers keep insisting it will be. And it never will, because it’s way too inefficient to ever scale.
Literally everything you said in the comment above is wrong and you probably made it up on the spot.
There are 300,000 to 500,000 bit coin transactions per day with over 700 million users worldwide. I’d say that’s scaled pretty fucking high. https://a16zcrypto.com/posts/article/state-of-crypto-report-2025/
Global metaverse related revenue was about 17-18 billion USD in 2023 and is projected to exceed 50 billion USD by 2028, implying strong top-line growth even though profitability is uneven. https://www.psmarketresearch.com/market-analysis/metaverse-market
In 2024-2025, estimates put the NFT market in the 30-40+ billion dollar range (market size or annual sales), with giving a projected 34.1 billion dollars valuation in 2025 and Q1 2025 sales over 8.2 billion dollars on their own. https://fortunly.com/statistics/nft-statistics/
Even 3d TVs generated 100s of billions of dollars globally before they fizzled out in the 2010s. https://www.360iresearch.com/library/intelligence/3d-tv
I will however admit the glasses where a full on bust.