Apple is preparing to release its highly anticipated mixed-reality headset in the coming weeks. Many expect that this development will bring new life to the Metaverse industry and this is for a good reason. When Apple does something, it usually does it well. Here’s everything you need to know.
Apple’s Upcoming Mixed-Reality Headset
In the coming weeks, Apple is unveiling its highly anticipated mixed-reality headset. This is a move that has the potential to invigorate the metaverse industry. Earlier this year, the native tokens of blockchain-based metaverse projects Decentraland and Sandbox experienced significant price surges, partly fueled by rumors of Apple’s charge into mixed reality.
This trend was highlighted by notable Web3 name, Udi Wertheimer on May 15th in this Tweet. Udi’s Tweet sarcastically slandered influencer-driven meme coins, while also suggesting that the release of Apple’s forthcoming headset could “pump” the price of Metaverse tokens.
The Impact on the Market
Additionally, Josh Gilbert, a market analyst at eToro, believes that the headset will substantially impact markets. Given the company’s history of delivering high-quality and game-changing products, it’s hard not to be bullish on Apple’s potential influence.
In contrast, Gilbert also expressed doubts that the headset launch alone will be a big enough catalyst for Metaverse tokens to revive. It is worth noting that mixed reality and Metaverse tokens are not directly correlated, so there isn’t a guarantee of a “pump” mentioned by Wertheimer.
Furthermore, Gilbert and other analysts acknowledge that a completely immersive Metaverse experience is still miles away. Looking at history for a time frame, consider how long it took iPhone apps to fully capitalise on the device’s potential. We may still be a while away from discovering the full potential of Apple’s new headset, but we’re heading in the right direction.
Predicting an upcoming forecast is impossible in this weird and wonderful world we call Web3. Sometimes, there’s simply no rhyme or reason for events. All we can do is stay updated and keep up as best as possible. Regardless, it’s worth monitoring the effect that Apple’s new headset may have on the Metaverse. You never know, you might be able to make a bag.
- NFT Guest PostsJune 17, 2023Record-Breaking Sale: ‘The Goose’ Artwork Soars to $6.2 Million at Sotheby’s Auction
- NFT Guest PostsJune 17, 2023Snoop Dogg Takes NFTs on Tour With the Passport Series
- NFT Guest PostsJune 17, 2023Crypto Companies Flock to Hong Kong: Understanding the Implications of New Regulations”
- NFT Guest PostsJune 16, 2023FEWOCiOUS’ Signature Style Takes Center Stage in adidas Originals Collaboration