GlobantInvestors

• Respondents Split on Comfort Level of Advertising
• Play-to-Earn Model at Odds with Respondents Who Just Want to Play
• Respondents Expect the Metaverse Will Change the Video Game Industry
• Few Respondents Have Purchased NFTs

SAN FRANCISCO, July 13, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, revealed today its Metaverse Awareness Survey, conducted by YouGov, which reveals U.S. gamers' thoughts, attitudes, and opinions on the metaverse. Conducted in May 2022, the survey includes responses from 1,000 adult PC, console, and/or mobile gamers in the United States.

"Through this survey, we see that although the development of the metaverse is still in its early stages, U.S. gamers already see the technology as capable of expanding the realm of possibility in gaming," said Nicolas Avila, Chief Technology Officer for North America at Globant. "As knowledge of the metaverse and what it's capable of becomes more common, we're looking forward to seeing this sentiment spread to more people across industries."

Advertising Caution

According to the survey, 35% of respondents said they were comfortable with advertising in a metaverse space, while 25% said they were undecided, and 40% were uncomfortable. When surveyed specifically about tracking of eye- and- head movements, nearly half (46%) of respondents reported they would feel uncomfortable with these measurements.

• Does "free" make a difference? Maybe. Of those surveyed, just under half (44%) would accept advertising in the metaverse if it provides free access to apps, games, or places.

Play-to-Earn Surprisingly Resilient

The Metaverse Awareness Survey detailed other findings that will be of interest to companies considering play-and-earn models for metaverse games. According to the survey, about half of gamers are more interested in "playing" than "earning" within metaverse games, but a significant number of gamers see value in mixing playing and earning together.  The numbers break down as follows:

• 49% are more interested in playing
• Only 11% are more interested in earning
• Nearly 40% would like some mix of both playing and earning within metaverse games

According to the survey, just over half (52%) of gamers believe the metaverse will change the video game industry and a plurality (41%) think that the metaverse will have a positive impact on the industry (vs. 25% who disagree). In fact, 40% say the buzz around metaverse gaming is warranted, though nearly one-third (30%) were undecided on that subject.

It could be a matter of familiarity. While a majority of gamers (60%) are confident in defining the metaverse, familiarity and interaction with the space still needs to mature among this population – just 39% think the gaming metaverse will mature in less than five years, though nearly the same number, 38%, believe it will take longer.

Who are the top five companies associated with the metaverse? Meta (73%), Epic Games / Fortnite (27%), Roblox (21%), The Sandbox (15%), and Niantic (10%).

Who has purchased NFTs? The vast majority (81%) of respondents have not purchased NFTs, with just 16% saying they have done so.

Who is interested in purchasing, trading, or earning cryptocurrencies within the metaverse? Slightly more than one-third (34%) of respondents expressed interest in completing cryptocurrency transactions while nearly half (45%) were not interested, leaving 20% undecided. Men (41%) and 18-44-year-olds (37%-47%) expressed higher levels of interest in these transactions.

As originally envisioned in Neal Stephenson's novel Snow Crash, the metaverse combines virtual spaces with socialization and transactions, including experiences in the form of video games. Sponsored by Globant and conducted by YouGov, the survey canvassed 1,000 U.S. adults – aged 18 or older – who played more than three hours of video games per week on PC, console, and/or mobile platforms. Mobile-only gamers were screened out of the survey, and data was weighted to be representative of the U.S. non-mobile-only gaming population.

We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design, and engineering meet scale.

• We have more than 24,500 employees, and we are present in 19 countries working for companies like Google, Electronic Arts, and Santander, among others.
• We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report.
• We were also featured as a business case study at Harvard, MIT, and Stanford. 
• We are a member of the Green Software Foundation (GSF) and the Cybersecurity Tech Accord.

Contact: pr@globant.com
Sign up to get first dibs on press news and updates.
For more information, visit www.globant.com.

SOURCE Globant