The metaverse is a collective virtual shared space, created by the convergence of physically-virtually augmented reality.

1. Metaverse: The
Virtual Universe and
its Impact on the
World of Finance
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2. Metaverse: The Virtual Universe and its Impact on
the World of Finance
Introduction
• Definition: The metaverse is a collective virtual shared space, created
by the convergence of physically-virtually augmented reality.
• Growth: It's more than just a buzzword—many companies are actively
working on creating their own version of the metaverse.
• Key point: The metaverse has vast implications across industries, but
its impact on the world of finance is monumental.
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3. Metaverse: The Virtual Universe and its
Impact on the World of Finance
Historical Context
• The concept of the metaverse has its roots in sci-fi literature, notably
in books like "Snow Crash" and "Ready Player One".
• Early versions: Virtual worlds like Second Life hinted at the potential
of a broader virtual universe.
• Evolution: From text-based chatrooms to full-blown, 3D, immersive
environments.
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4. ● Big names in finance are taking notice:
JPMorgan, Goldman Sachs, and others have
begun exploring the metaverse's potential.
● Banking in the metaverse: Imagining virtual
banks where users can interact with their
finances in more intuitive and immersive ways.
● The shift from traditional online banking to an
experience-based financial management
system.
Metaverse: The Virtual
Universe and its Impact on
the World of Finance
Financial Institutions & Metaverse
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5. Metaverse: The Virtual Universe and its Impact on the
World of Finance
Cryptocurrencies and the Metaverse
• Digital currencies, such as Bitcoin and Ethereum, serve as
the backbone of many metaverse economies.
• Introduction of NFTs (Non-Fungible Tokens): Unique digital
assets verified using blockchain technology, representing
ownership of a particular item or piece of content within the
metaverse.
• The ability to earn, spend, and invest virtual money within
these digital universes.
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6. Metaverse: The Virtual Universe and its Impact on the
World of Finance
Real Estate in the Metaverse
• Digital real estate: Just like the physical world, users are
buying, selling, and leasing spaces in the virtual realm.
• Case Study: Decentraland, a virtual world where parcels of
land sell for thousands or even millions of dollars.
• Implication: New opportunities for real estate investors,
developers, and financiers.
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7. Metaverse: The Virtual Universe and its Impact on the
World of Finance
Decentralized Finance (DeFi) in the Metaverse
• DeFi: The idea of recreating traditional financial systems (like
lending, borrowing, and yield farming) in a decentralized
environment without intermediaries.
• Virtual economies powered by DeFi can allow users to earn
real-world profits.
• Risks and rewards: While the potential for profit is high, so is
the level of uncertainty and volatility.
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8. Metaverse: The Virtual Universe and its Impact on the
World of Finance
Impact on Financial Jobs
• The rise of new professions: Virtual real estate
brokers, metaverse financial advisors, and digital
asset managers.
• The decline of some traditional roles as automation
and virtual interfaces take center stage.
• Continuous learning: Financial professionals must
upskill to understand the complexities and nuances
of the metaverse.
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9. Metaverse: The Virtual Universe and its Impact on the
World of Finance
Global Financial Regulations
• Navigating the uncharted waters: Many countries
are grappling with how to regulate financial
transactions in the metaverse.
• Challenges: Differentiating between gaming and
genuine financial transactions; addressing the
anonymous nature of some virtual transactions.
• Opportunity: Setting a global standard for
metaverse financial operations.
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10. Metaverse: The Virtual Universe and its Impact on the
World of Finance
Potential Risks
• Economic Bubbles: The excitement around the
metaverse could lead to inflated prices and eventual
market crashes.
• Cybersecurity: With increased financial transactions
in the metaverse, there's a greater risk of hacks and
unauthorized data access.
• Ethical Concerns: Potential for money laundering or
other illicit activities if not properly monitored and
regulated.
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11. Metaverse: The Virtual Universe and its Impact on the
World of Finance
Opportunities Ahead
• Financial Inclusion: The metaverse can offer financial services to those
who are underserved by traditional banks.
• New Investment Avenues: Opportunities to invest in virtual startups, digital
real estate, and other metaverse-specific ventures.
• Reimagining Finance: Beyond mere transactions, the metaverse offers a
chance to experience financial concepts and education in an entirely new
light.
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12. Metaverse: The Virtual Universe and its Impact on the
World of Finance
Conclusion
• The metaverse is not just a fleeting trend. It has the potential to redefine
how we think about finance, wealth, and investments.
• As with any technological revolution, there are challenges ahead. However,
the possibilities for innovation and growth in the financial sector are
immense.
• Embracing the metaverse could well be the key to staying ahead in the
ever-evolving world of finance.
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13. CREDITS: This presentation template was created by Slidesgo, and
includes icons by Flaticon, and infographics and images by Freepik
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