Uswitch Ranks Netherlands Top in a Survey Assessing Metaverse Readiness
A recent survey by Uswitch to assess the countries’ preparedness for metaverse uptake revealed that the Netherlands is ready to embrace the digital future. The Uswitch project examined the readiness of countries to implement metaverse by surveying technical standards. Specifically, the study investigated broadband prices and speeds as indicators of the country’s enthusiasm for a metaverse-based digital future.
Europe is Ready for Metaverse
The new study was conducted as part of the internet researcher’s attempts to ascertain the capacity of various countries to integrate metaverse. The telephone service researcher monitored blockchain financial startups, pricing of premium tech exports, broadband prices, and speeds.
The study revealed Europe’s dominance in creating hospitable conditions to embrace and nurture metaverse technology. Uswitch ranked Netherlands preparedness as considerably flagged by its superior fixed broadband speeds averaging 106.5Mbps. The survey showed that high-tech export by the Netherlands was estimated at $6000 per capita. The country’s higher technological standards matched the increased metaverse interest portrayed by consumers in a previous study conducted by Capgemini.
Switzerland and Malta Cement their Readiness
Switzerland follows suit in the second position ahead of Lithuania and Malta. France also joined the top five countries that demonstrated interest in the Web3 space. Uswitch singled out Malta as an exceptional player in the metaverse, given its longtime commitment to creating the region’s blockchain hub.
Surprisingly, the UK ranked 7th ahead of the US, which trailed 12th though conceived as an active player in metaverse ecosystem development.
Navigating Recent Turbulence
USwitch observed that the turbulence prevailing across the crypto industry had not slowed development projects in the Web3 ecosystem. In particular, investors have announced undertaking major projects.
Animoca Brands confirmed acquiring majority ownership in Pixelynx in a December 6 communication. Animoca announced the takeover would facilitate Web3 integration with gaming technologies. Days later, Animoca confirmed setting up a billion-dollar fund to pursue startups oriented to undertake metaverse projects.
Similar efforts are evident in the Facebook parent entity – Meta, which announced renewed interest in metaverse projects. Its chief executive Mark Zuckerberg dismissed monetary losses as a hindrance to reassure the Meta community of his devotion to setting up a metaverse-based platform.
Editorial credit: R. Richard/ Shutterstock.com
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