Pump: Metaverse set to revive its potential in 2024, analysis suggests
2024 has already begun, and with the new year, the USM ecosystem, RACA, has announced various innovations, achievements, and implementations aimed at expanding the potential of Web3 and the metaverse.
In light of these new possibilities, analysts at Aarin have pointed out that the metaverse is expected to revive its full potential in 2024. As RACA believes, the digital universe is poised to expand even further this year, attracting new users and the attention of major companies, helping to shape a new interconnected society.
According to the company, among the trends for 2024, there are three major highlights: the metaverse, artificial intelligence, and 5G.
Metaverse
It seems that another technology gaining prominence is the metaverse, an evolution of virtual realities that promises to redefine business interactions. This year, significant expansion of this technology is expected, enabling financial transactions based on digital assets, such as NFTs (non-fungible tokens). Additionally, digital currencies are already integrated into the metaverse, indicating a new paradigm for online investments and financial experiences.
Artificial Intelligence
Artificial Intelligence (AI) has been present in the financial sector since the 1980s but is expected to gain more prominence in 2024. Autonomous and intelligent systems are being employed to enhance the investor experience and predict market trends, offering more efficient service and personalized recommendations. Furthermore, AI’s ability to analyze transaction patterns, biometrics, and smart contracts significantly contributes to system security.
“AI is already a familiar presence, but Machine Learning and natural language processing have firmly established it in the sector. One of its main benefits is that through in-depth analysis of information and personalization, it becomes easier to satisfy the customer and increase their retention in the financial market. It also allows us to envision a decrease in the number of frauds, as the technology becomes more adept at identifying these infractions,” explains.
5G Technology
The expansion of 5G will have a significant impact on the financial market. The speed and efficiency of this new generation of mobile networks enable agility in credit release, transaction security, and an enhanced customer experience.
Supported by DWF Labs, OKX Blockdream Ventures, and the Tachyon accelerator by Consensys Mesh, RACA serves as a web 3.0 infrastructure solution provider. Initially launched as a bidding token with the Maye Musk NFT, RACA has evolved into a robust web3.0 gaming ecosystem!
RACA, the USM native token, serves as a Crypto ‘dApp Store’ of AI Apps and Games, initiated by the ‘Elon Musk’s Mother & Koda NFT’ community.