• A survey from CoinWire revealed that 69% of users believe the metaverse will reshape their social lifestyle and interactions.
• New metaverse features that included touch and smell were recently revealed at the Consumer Electronics Show 2023.
• Over half (53%) of respondents who are invested in the metaverse own a form of cryptocurrency.

The crypto and Web3 space has seen a lot of volatility in the past year, yet its potential for the future still remains high. A new survey from CoinWire has sought to explore this potential, surveying over 10,000 investors in the crypto space in December 2022. The survey revealed that the majority of users have a positive outlook for the metaverse and its potential to reshape their social lifestyle and interactions.

The survey found that 69% of respondents believed the metaverse will have a major impact on social life and interactions, with 65% believing that it will bring a new approach to entertainment. Views on how the metaverse will affect finances, business, and education were also optimistic, with 61.2%, 49.6%, and 45% respectively indicating that they believed it would have an impact.

Microsoft has taken a major role in the development of the metaverse, having secured 158 metaverse-related patents over the past five years. This has put them ahead of Big Tech firms such as Meta, Tencent, and Epic Games.

At the Consumer Electronics Show 2023, new metaverse features that included touch and smell were revealed. This is likely to have a major impact on how users interact with the metaverse, providing a more tangible approach to social life.

The survey also revealed that over half (53%) of respondents who are invested in the metaverse own a form of cryptocurrency. This indicates that cryptocurrency is likely to play a major role in the metaverse, making it an essential part of the overall metaverse experience.

Overall, the survey has provided an insight into how users perceive the metaverse and its potential to reshape social life. With new features, such as touch and smell, being revealed, it is clear that the metaverse is poised to make a major impact on how we interact and engage with one another. Cryptocurrency is also likely to play an essential role in the metaverse, making it an important part of the overall experience.