Google Trends data reveals that no one cared about metaverse or NFTs in 2022

Published at: March 4, 2022

While the worldwide search interest for the keywords “metaverse” and “NFT” boomed in the last quarter of 2021, Google Trends data shows that the hype may have passed since February 2022.

Google Trends shows that in the last twelve months, searches for “metaverse” gained traction within October to December 2021. However, since the beginning of 2022, the search interest continues to drop, hitting its lowest point for 2022 in March.

Apart from the keyword “metaverse,” the data shows that the worldwide search for “NFT” has also started its decline this year. However, the drop for NFT is more noticeable as it reached record highs in 2021, then fell steeply in the first quarter of 2022.

In the last 12 months, users from Turkey are on top of the interest-by-region category in Google Trends for the keyword “metaverse.” The country surpasses China and Singapore that ranks number 2 and 3 on the list. Cyprus and Lebanon follow closely at numbers 4 and 5.

On the other hand, Singapore holds the top spot in the interest-by-region list for the last 12 months for the keyword “NFT.” The country is followed by Hong Kong, China, Canada and the Philippines.

Related: Asia-Pacific leads the world in NFT searches on Google

Back in December, the global search interest for “NFT” surpassed “crypto” for the first time. Apart from this, monthly trading volume in the NFT marketplace OpenSea also hit a new all-time high in January. The increase in search volume for the keyword and trading volume shows that NFTs have finally caught mainstream attention.

The growth of nonfungible tokens (NFT) in 2021 has been attributed to some of the biggest NFT drops of the past year and the celebrities that started to offer their own collections. From influential rappers like Snoop Dogg to marketing experts like Gary Vaynerchuk, many figures brought interest to NFTs last year.

Tags
Blockchain
Nft
Internet
Google
Metaverse
Related Posts
What Facebook’s rebranding tells us about Big Tech’s ‘Game of Platforms’
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. Sometimes a project’s name tells you all you need to know about it, no matter how niche. Take Kryptomon, for example, the NFT game that recently completed a 24-hour sale in one second. You understand, based on its name, that some kinds of cutesy monstrosities evolving and fighting one another must be involved, and you know it must be blockchain-based. Clear, concise and to …
Decentralization / Dec. 8, 2021
Making the Metaverse the key to a better future instead of a dystopian prison
Will the Metaverse(s) change humanity as we know it? Will the Metaverse(s) be the ultimate augmentation of human perception? Will it become an agora for our dreams (and, of course, nightmares), able to transform human perception entirely? Has it already started? To start with the latter question: Yes, the groundwork has already been laid. Sensors from our smartphones, social media, digital devices, and the digital data-driven companies that top the Fortune 500 comprise the new cathedrals, religions and tribal spaces for humanity. These technologies and the onset of the so-called Fourth Industrial Revolution, or 4IR, and the AI-driven Society 5.0 …
Technology / March 5, 2022
There is room for the Metaverse in 2022, but the virtual space is far from perfect
It is hard to resist the vision spun to us by Meta (formerly Facebook) and other virtual world platforms. A digital utopia that can transform lives in multiple ways — whether how we socialize, work or even stay healthy — is a hard one to refuse. This is especially true when considering that these platforms are being described as the biggest technological disruption to human life and a multi-trillion dollar opportunity for businesses. However, there is skepticism from some that this is all too good to be true — at least for now. The technological architecture that would allow this …
Adoption / April 9, 2022
The creator economy will explode in the Metaverse, but not under Big Tech’s regime
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. With the news that Meta plans to take a nearly 50% cut of virtual asset sales in Horizon Worlds, it will not be surprising if independent artists and content creators turn away from the Metaverse entirely. Or at least from its Meta rendition, no matter how excited the company might be about the creator economy. It’s one thing to pay this much when the …
Decentralization / May 4, 2022
AI will help realize the true vision the Metaverse hopes to achieve
The metaverse space is moving rapidly in terms of hype and the volume of new projects being launched — so much so that the industry market size is projected to grow from $100.27 billion in 2022 to $1,527.55 billion by 2029. But how many of these new projects are even remotely capable of realizing the actual vision set out? We’re a long way from seeing a true metaverse Many of the metaverse projects that have been launched are in the world of gaming. However, more often than not, these projects simply consist of standard gaming features combined with virtual reality …
Adoption / July 10, 2022