Majority of US consumers say no to Meta owning metaverse data: Survey

A survey of 1,000 United States customers round rising curiosity within the metaverse has revealed some attention-grabbing outcomes. 

In a survey commissioned by nonfungible token and metaverse infrastructure supplier Advokate Group, 87% of respondents most well-liked a decentralized metaverse on a blockchain over a number of the mega tasks deliberate by tech giants. This grew to become extra evident when 77% of the respondents shared considerations over Fb’s entry into the metaverse, particularly because it owns customers’ metaverse knowledge.

Fb’s tainted previous with the mismanagement of personal consumer knowledge has already dismantled its early plans of launching a stablecoin referred to as Diem. The stablecoin undertaking confronted heavy scrutiny from the U.S. Congress, and the undertaking ultimately got here to a crashing finish. An analogous concern has began to develop round Fb’s multi-billion-dollar metaverse aspirations.

The surveyed respondents have been divided by way of when metaverse might develop into mainstream: 20% of respondents imagine it might take one to 2 years whereas 49% mentioned it might take as much as three to 6 years. Gaming was the first selection of spending time in metaverse adopted by socializing. Fifty-five p.c of the respondents mentioned they might spend greater than three hours a day within the metaverse.

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A majority of the respondents additionally confirmed a eager curiosity in being profitable whereas enjoying video games. With play-to-earn fashions being the most recent rage, 93% of the respondents mentioned they might spend extra time enjoying video games if it might make for the minimal wage. Some 64% mentioned they might spend greater than three hours in the event that they made actual cash and 87% would change to full-time gaming if the pay was good.

Metaverse as an idea solely grew to become formidable in 2021 and now each main tech big, be it Apple, Fb or Google, is seeking to launch or spend money on the ecosystem. Nonetheless, a major chunk of crypto proponents is advocating towards the entry of centralized cash-rich companies, as they imagine the idea of decentralization would take a again seat.