“We are bringing non-crypto users into crypto without them realizing it,” Burris said. JP Morgan analysts have estimated that a whopping $54 billion is spent yearly on virtual goods, while McKinsey & Company have predicted that the nascent metaverse space could be valued at $5 trillion come 2030.īelow are the 10 fastest-selling goods on IMVU: In the first month, MetaJuice was amongst the top 10 in global NFT collectable transactions on DappRadar, an NFT marketplace that tracks all blockchain transactions. The trend shows that Millennials and Gen Z (18-35-year-olds) are leading, with virtual fashion, beauty and streetwear items priced at between $3-100 selling out in the tens of thousands in an average of 7.5 minutes per release. Sales of digital goods in games and metaverses have grown steadily and NFTs will further propel their popularity through scarcity, uniqueness, and proof of ownership.” John Burris, President of MetaJuice said, “We want to make NFTs affordable to the masses and have true utility so owners can use, wear, trade, and gain social currency to improve their daily digital lives.
The popularity of these NFT-based digital collectable goods has also catapulted the numbers of Web3 Wallets on IMVU (3D Avatar Social App) past 1 million in less than two years. for December 2022 and early January 2023 that buck retail trends for physical goods. MetaJuice, trustee of one of the metaverse’s most popular on-platform native wallets that’s building blockchain-driven economies has revealed the virtual retail trends in the U.S.
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