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EKA’s Market Opportunities
Growth Opportunity of Eka Network in NFTs & Metaverse NFT Trading Volume Year over Year & Month over Month are as follows:
Year on Year Growth
Month on Month Growth
From the above Projections and growth ,we can come to a safe conclusion that NFT & Metaverse gaming market is at the end of infancy stage and is on a inflection point to exponential expansion. It is even more evident from the pullback that crypto markets faced in Q3,Q4 2021 still the cumulative revenue from those 2 quarters was 271.6 times of the 2020 revenue.

From Morgan Stanley’s projection

Revenue of NFT Market is expected to be $500 Billion by 2030. Revenue of Metaverse gaming and non-fungible tokens (10% of NFT Market) is expected to be $50 Billion by 2030. Luxury sector is expected to grow to $10 Billion to $20 Billion (10% to 20% of NFT Market)
From the above projection, NFTs are expected to grow on average of 50% year on year to reach $500 Billion by 2030.

For the same timeframe, Forbes predict

Revenue of NFT Market is expected to be $1 Trillion. Revenue of Metaverse gaming and non-fungible tokens (10% of NFT Market) is expected to be $100 Billion by 2030. Luxury sector is expected to grow to $20 Billion to $40 Billion (10% to 20% of NFT Market)
From the above projection, NFTs are expected to grow on average of 63% year on year to reach $1 Trillion by 2030.
As we know that most exponential growth technologies follow an S curve so adoption is beginning far outpaces the later parts, therefore NFTs are expected to grow more than 100% YOY for the next few years.
For our initial growth (innovators) we are partnering with several games such as Kryxivia … For these games, we will be verifying their NFTs on our platform. Thus the players of these games will get a place to showcase achievements. Not only that for mass adoption players can borrow NFTs at cheap rates to play the game. Thus we will have a win-win situation with game developers and the gaming community. This way we will be targeting most of the crypto games, for this, we are also helped by Polygon, Avalanche, and BSC who told us that they will make our introduction with most of the games on their platform.
Once we get the critical mass, network effects will kick in as we have made extreme improvements in user experience from big things like Lending, Renting & AR integration to small things like transferring Crypto/NFTs to any of your friends without knowing their wallet address in a frictionless way. Because of our Eka spaces, we can personalize your recommendation for Lending and Renting. Example: If you reach level 3 of a game where you require a sword we can give you a notification that you can rent that sword for 0.001 eths. Thus reducing your friction and personalizing your web3 world. Due to our small size and unaddressed market, we are expected to grow exponentially in a market that is itself growing exponentially. So we aim to capture 2.5% (innovators) of the market in our first year, which is itself growing at more than 100% year on year. Following from the S Curve by 2030 we aim to capture the Early Majority of our users which is 52.5% of the NFT Gaming Market which at that time will be valued at $50 to $100 Billion.
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