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    Majority of US consumers say no to Meta owning metaverse data: Survey


     


    87% of respondents said they would switch to full-time gaming in the metaverse if the pay is good. 

     

    A survey of 1,000 United States consumers around growing interest in the metaverse has revealed some interesting results. 

    In
    a survey commissioned by nonfungible token and metaverse infrastructure
    provider Advokate Group, 87% of respondents preferred a decentralized
    metaverse on a blockchain over some of the mega projects planned by tech
    giants. This became more evident when 77% of the respondents shared
    concerns over Facebook’s entry into the metaverse, especially since it
    owns users' metaverse data.

    Facebook’s tainted past with
    mismanagement of private user data has already dismantled its early
    plans of launching a stablecoin called Diem. The stablecoin project
    faced heavy scrutiny from the U.S. Congress, and the project eventually came to a crashing end. A similar concern has started to grow around Facebook’s multi-billion-dollar metaverse aspirations.

    The
    surveyed respondents were divided in terms of when metaverse could
    become mainstream, 20% of respondents believe it could take 1–2 years
    while 49% said it could take up to 3–6 years. Gaming was the primary
    choice of spending time in metaverse followed by socializing. 55% of the
    respondents said they would spend more than three hours a day in the
    metaverse.

    Related: Tusk Ventures CEO: Don't repeat social media mistakes with Metaverse regulations

    A
    majority of the respondents also showed a keen interest in making money
    while playing games. With play-to-earn models being the latest rage,
    93% of the respondents said they would spend more time playing games if
    it could make for the minimum wage. Some 64% said they would spend more
    than three hours if they made real money and 87% would switch to
    full-time gaming if the pay was good.

    Metaverse as a concept only
    became formidable in 2021 and now every major tech giant be it Apple,
    Facebook or Google is looking to launch or invest in the ecosystem.
    However, a significant chunk of crypto proponents is advocating against
    the entry of centralized cash-rich firms, as they believe the concept of
    decentralization would take a back seat.

    source link : https://cointelegraph.com/news/majority-of-us-consumers-say-no-to-meta-owning-metaverse-data-survey


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