# State of the Market

Plots sits at the intersection of NFTs, Gaming, and DeFi, each of which has enormous growth potential:

01 / Total game item market values should reach $50B by 2030 

02 /Virtual lands are projected to represent \~$16 billion by 2030 

03 / The total gaming market is projected to reach $385 billion by 2030. 

04 / The Total Value Locked in DeFi Dapps is currently $47 billion. 

05 / The combined total market cap of top metaverse lands, such as Otherside, The Sandbox, Illuvium, and Decentraland, is $1.3 billion as of June 2023.

<figure><img src="https://4221006798-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FIHjKmrmKkmyZG1NAfGNA%2Fuploads%2FynVUWwirKDcBopd0YtZh%2FState%20of%20the%20Market.jpeg?alt=media&#x26;token=9f5cb162-73f3-4ecb-8914-f8a879f2930a" alt=""><figcaption></figcaption></figure>

Sources:&#x20;

<https://www.statista.com/outlook/dmo/digital-media/video-games/worldwide>

<https://oneland.world/#/main&#x20>;

<https://defillama.com/&#x20>;

<https://www.vantagemarketresearch.com/industry-report/metaverse-in-real-estate-market-1516#:\\~:text=The> global Metaverse in Real,38.80%25 over the forecast period.