Metaverse Latest: The Token Crash—Cryptocurrencies and NFTs Experience Volatility

What's Inside

We present recent developments in the metaverse space—covering virtual worlds and platforms; brands and retailers; and technology and access. We also explore the recent price drops of both cryptocurrencies and non-fungible tokens (NFTs).

This report is part of our Metaverse Latest series, which provides regular updates on metaverse developments globally, showing how key players and new entrants are seizing opportunities in the space. In this report, we present developments as of May 24, 2022.

Read the previous report in the series, which covers how companies such as Discord, Upstream, Snap and Instagram are bridging the gap between the physical and virtual worlds.

Click here to read more Coresight Research coverage of the metaverse.