Mad Money host on CNBC, Jim Cramer, stated that Metaverse is more than entertainment and games, and said that Metaverse is an industrial game, it can greatly reduce waste and increase efficiency.
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Former hedge fund manager Jim Cramer reports that he believes Metaverse will transform the industry, eliminating costs and waste.
The Metaverse has been the subject of controversy ever since Mark Zuckerberg announced that Facebook would rebrand it as Meta. Last month, MANA outperformed metaverse projects by 561% and SAND by 755%.
While Metaverse hype is over gaming applications, Cramer sees industrial applications as an important area for Metaverse as well. Cramer said on CNBC:
Cramer conveyed his thoughts as follows;
Co-host Andrew Rose Sorkin questioned where the savings in Metaverse came from, asking the following question;