Socialogue Whitepapper
  • Abstract
  • Introduction
  • Market Overview
  • Problems & Solutions
    • Problems
    • Solutions
  • The Platform
    • Social NFT Marketplace Integrated Into Metaverse
    • Create & Sell NFTs
    • Mint & Trade On Layer 2
    • Build Awareness Around The Brand
    • Tip & Get Tipped For Content
    • Earn By Promoting NFTs
    • List NFTs From Other Marketplaces
    • Buying NFT License
  • Metaverse Integration
    • Metaverse Overview
    • Integration Of Metaverse
    • Private Metaverse
  • Token
    • Socialogue Token
    • Token Sale
    • Tokenomics
    • Use cases
    • Why HODL?
  • The Future Prospects
    • Socialogue’s Launchpad
    • Logues Created As NFTs
  • Business Model
    • Growth
    • Monetization
  • Technical Side
  • Roadmap
    • Roadmap
    • Roadmap Overview
  • Team
    • Core Team
    • Advisors
  • Final words
    • Conclusion
    • Disclaimer Of Liability
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Market Overview

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Last updated 2 years ago

Socialogue is a well-rounded Social NFT Marketplace with integration into Metaverse. By combining all the booming markets, the platform is present to a favorable exponential growth environment. The current market state and its forecast need to be considered by three business verticals:

  • Over 3.6 billion people were using social media worldwide in 2020, and the number of users is forecasted to increase to almost 4.41 billion in 2025;

  • In 2022 the NFT market is expected to reach $35 billion in sales volume, and based on the current growth rate, it is forecasted to reach $80 billion in sales by 2025;

  • The Metaverse market size reached over $47 billion in 2020 and is projected to reach $828 billion in 2028.

The Socialogue team believes that Metaverse is a game-changing technology, but it has more potential than current Metaverse displays. The market lacks niched 3D virtual worlds. Socialogue is creating a Metaverse dedicated to art. Serving as a virtual place for numerous digital art galleries, Socialogue is yet tapping into another huge market. Despite the pandemic, the global art market finished the year 2020 strong, being evaluated at $50 billion.

https://tokenizedhq.com/nft-market-size/ https://www.statista.com/statistics/278414/number-of-worldwide-social-network-users/ https://www.emergenresearch.com/industry-report/metaverse-market https://www.statista.com/topics/1119/art-market/

Graphical Overview. Source Statista & Dappradar