article thumbnail

Inside the Metaverse Mania: Experts Identify 4 Key Challenges and Opportunities

Retail TouchPoints

Purchasers can pay with a traditional bank card (no cryptocurrency required). Over the course of the year, the NFT market surpassed $40 billion , and Morgan Stanley predicts that by 2030 the NFT market will be worth $240 billion. This isn’t social media. The wider “meta-conomy”.

article thumbnail

15 ecommerce statistics every entrepreneur must know

Omnisend

Try to offer a mix of credit and debit cards, e-wallets, and possibly cryptocurrency. . Notably, the pandemic also led to a significant increase in online purchases through social media, particularly in the Middle East, where the increase was 93 percentage points. Social media ecommerce statistics. until 2030.

article thumbnail

Business opportunities in Dubai – The 5 most well-funded industries

Payoneer

Emerging players in Dubai’s ecommerce industry The fast-growing e-commerce market in Dubai is attracting startups, market leaders, and social media platforms who are eager to capitalise on it, including those who are moving from primarily selling on Amazon.