💹Market

We are approaching the Web 3.0 age. In a recent survey, global research firm Straits projected that the Web 3.0 blockchain market will grow to $70 billion by 2030. As a result, Web 3.0 businesses in various industries, including virtual asset wallets, blockchain point integration platforms, communities, and NFT developers, are actively growing their ecosystems by enhancing their connections with Web 2.0 services.

One of the most important aspects of Web 3.0 that Web 2.0 businesses already in operation should consider is business expansion. One important characteristic of decentralized services is that they allow individualized platforms. For distribution companies, decentralization can also improve the relationship between customers and actual items through blockchain technology. The market is growing, and there are more and more business cases for collaboration amongst companies in the sector, ranging from crypto wallets to loyalty programs to NFTs. Nike declared it will include NFTs generated by their virtual clothing NFT platform 'DotSwoosh' (.Swoosh) into Electronic Arts (EA) sports games. DotSwoosh is a web 3.0 platform that Nike introduced for exchanging digital collectibles.