As the World Cup in Qatar draws to a close, a report from Web3 Studios revealed some exciting information about the sports metaverse industry, which it claims is “at a tipping point”. It indicated the potential for the industry to reach $80 billion in size by 2030.

The report included contributors from Animoca Brands, FaceIt, ConsenSys, The Football Company, Apex Capital, Upland, LootMogal, and other key players in the space.

The World Cup was well represented by web3 projects and brands, as shown in the following image.

The document stated that “the sports metaverse space can generate more than $80 billion by 2030.” However, subsequent challenges are being addressed and are critical to the success of the infant industry.

“- A drastic and vertiginous evolution in…