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Market Disruption
The global Metaverse market is forecast to hit nearly $42 billion by 2026 according to research firm Strategy Analytics and aim to be a 1 trillion industry from Bloomberg’s perspective. In the meanwhile, Morgan Stanley affirmed that the NFT market can grow to $240 billion by 2030.
Despite these numbers, the traditional art sector and Web3 remain partially disconnected as the youthful facade of most NFT products results not understandable to a large segment of the market with a more "classic" taste. This gap can be bridged by MIDA's innovative proposal.
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