INTERNET CITY, DUBAI, Jan 17, 2023, Chainwire

Allen Wei, co-founder and CEO of LBank Exchange, recently commented on a McKinsey & Company Report which outlined the potential of the metaverse to reach a value of $5 trillion by 2030, with an estimated 50% of live events taking place in the metaverse. Having been following development closely with him for several years, Wei is confident that the metaverse industry will grow into a multi-billion dollar economy providing jobs and recreation for millions.

In 2022, more than $120 billion in investment has been poured into the metaverse with more expected to arrive in 2023. “Its potential to unleash the next wave of digital disruption seems…