This is going to be the most popular place to buy cryptos

Digital currencies are becoming increasingly common. Research shows that a place is created where most cryptos will be sold.

That will be the much-discussed metaverse. The online world of which there are so many expectations. It will become the most popular place to buy, sell and trade cryptocurrency, according to a recent survey. In addition, 70% of respondents agreed that “the advancement of cryptocurrency and blockchain technology will be critical. This is to shape the future of the metaverse.”

Popular place to buy cryptos

This research was done by a reputable company. Nasdaq-listed Agora (NASDAQ: API), a video, voice and live interactive streaming platform, conducted the study. Subject is the metaverse and it published the results this week.

The company asked 300 US-based developers a series of questions. This “to learn more about what they thought about the metaverse and what we’ll see in the coming years,” Agora said. Developers were surveyed because for them, “the growth of the metaverse enables the development of new communities. And allows them to better connect with users,” the company explains.

Results

57% of respondents think the metaverse will become the most popular place to buy, store and trade cryptocurrency, while 18% disagree and 25% are neutral.

As for non-fungible tokens (NFTs), “Most developers are optimistic about NFTs,” according to the survey results. The survey participants were also asked who they believe will be the ‘owner’ of the metaverse. 55% of respondents said Meta (formerly Facebook), 9% said Google, 7% said Microsoft, 6% said Apple and 5% said Amazon.