February 9, 2023

Filipinos Most Interested People in Metaverse in World

Filipinos Most Interested People in Metaverse in World Featured Image

A recent study by Coin Kickoff found that Filipinos are the world’s most interested people in the metaverse, with 2,421 Google searches for it per 1000 people.

Coin Kickoff conducted a study on people’s support and interest in the metaverse by analyzing 1.6 million tweets and 19 of the most popular metaverses from 193 countries around the world. 

It is worth mentioning that the Philippines hosted the largest metaverse conference in Asia in Manila in May 2022, making its people more enthusiastic about virtual space. In addition, the metaverse is widely introduced to more people through gaming as Axie Infinity, one of the most popular metaverse-based games there, has at least 2.5 million players. 

The study showed the top 10 countries -following the Philippines- whose peoples are interested in the metaverse through their google searches; Grenada, Peru, Lithuania, Estonia, Barbados, Brunei, Lativa, Georgia, and Uruguay, respectively. 

The study revealed that the people in Vietnam are the most enthusiastic about the metaverse, with 56.1% of tweets containing positive sentiments toward the metaverse, followed by the Philippines, Ukraine, Nigeria, Indonesia, Taiwan, Sri Lanka, Turkey, Singapore, and Portugal, respectively. 

As for the United States, Coin Kickoff found that people in Florida are the most interested US residents in the metaverse, with 670 searches per 1,000 people in the state. 

According to the study, owning a plot of land in the metaverse became a popular trend as the sales of virtual plots of land recorded $500 million in 2021, according to CNBC. The NFT Worlds is considered the biggest metaverse land, as it has five trillion m2 of exchangeable land, equivalent to 60% of Brazil’s area, the world’s fifth largest country. 

Gartner, in its research, predicted that 25% of people would spend at least an hour per day in the metaverse by 2026. Also, a business survey found that 89% of professionals would be willing to use the metaverse to bolster their work, with almost half believing it will lead to a more positive and collaborative environment.

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