Metaverse - The Future of Marketing and Web 3.0.pdfthetechnologynews
The global metaverse market was valued at USD 107,100.67 Million in 2020, and it is expected to reach a value of USD 758,600.86 Million by 2027, at a CAGR of 37.1% over the forecast period (2020 - 2027).
Get To Know More : https://skyquestt.com/report/metaverse-market
The Metaverse is a virtual interactive self-sufficient ecosystem comprising mobile networks, augmented reality, social media, gaming, virtual reality, e-commerce, cryptocurrency, and workplace. This universe is envisioned as the internet's future, bringing together augmented reality (AR), virtual reality (VR), and physical worlds in a common digital arena. NFTs and online events are exploding, opening up a world of possibilities for the metaverse and associated technologies.
The transition to the Metaverse is fast approaching. Several components and features of this open-source platform have progressed to the point where they may be smoothly merged to investigate the idea of building a parallel virtual reality. NFTs and online events are exploding, opening up a world of possibilities for the metaverse.
Global Metaverse Market Segmental Analysis
The Global Metaverse Market is segmented based on Type, Technology, and Application. Based on Type it is categorized into: Mobile and Desktop. Based on Technology it is categorized into: Blockchain, VR & AR, Mixed Reality, and Others. Based on Application it is categorized into: Gaming, Online Shopping, Content Creation, Social Media, and Others. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
Analysis by Application
The gaming segment is expected to be the largest segment in the Metaverse market throughout the forecast period (2020-2027).Due to major ongoing innovations and advances by developers, as well as a rising focus on improving immersion and making games more realistic, the gaming segment will have the leading revenue share of more than 25% in 2021. Furthermore, corporations' growing emphasis on using games to enhance their corporate image is expected to drive revenue growth.
China, the world's second-largest economy, is expected to reach a market size of USD 103,100.26 million in 2026, with a CAGR of 38.1 % throughout the forecast period. Other notable global markets include Japan and Canada, which are expected to increase at 31.3% and 29.6%, respectively, throughout the forecast period. Germany is expected to develop at a 36.8% CAGR within Europe, while the rest of the European market would reach USD 59,500.67 Million by the conclusion of the forecast period.
The Metaverse is a collection of 3D virtual simulations or worlds. Here, users can access various activities and can create their very own avatars. Metaverse will act as an alternative digital world where people can socialize and collaborate on tasks, play games and do many other activities.
The infrastructure of the Metaverse needs to have a solid foundation before connecting multiple virtual spaces with one another. Metaverse needs to be decentralized to function properly.
Centralized Metaverse will be extremely limited where third parties can take control with no intention of fair play. This is where blockchain comes in handy. Blockchain is the perfect technology for Metaverse as it can offer it the decentralization it needs for the users.
Here, at 101 Blockchains, we offer full courses that will help you understand blockchain and how blockchain will be a crucial part of the Metaverse.
The following courses will help you ->
Metaverse Fundamentals
https://academy.101blockchains.com/courses/metaverse-fundamentals
NFT Fundamentals Course
https://academy.101blockchains.com/courses/nft-fundamentals
Introduction to DeFi Course
https://academy.101blockchains.com/courses/defi-course
Tokenization Fundamentals
https://academy.101blockchains.com/courses/tokenization-fundamentals
Learn more about the certification courses from here ->
Certified Enterprise Blockchain Professional (CEBP) course
https://academy.101blockchains.com/courses/blockchain-expert-certification
Certified Enterprise Blockchain Architect (CEBA) course
https://academy.101blockchains.com/courses/certified-enterprise-blockchain-architect
Certified Blockchain Security Expert (CBSE) course
https://academy.101blockchains.com/courses/certified-blockchain-security-expert
Learn more from our guide ->
https://101blockchains.com/metaverse-future/
Metaverse is the converged world of physical world and virtual world that is hyper-connected, hyper-visualized, hyper-interacted, and hyper-reality enabled. Metaverse is a collection of fully connected interoperable physically augmented digital worlds with physical persistence that are converged with the virtually augmented physical world in which people and digital representations of people (digital people) can fully interact with one another and digital objects/environments (including digital twins) with full reality.
History about the industry AR/VR
A brief about the AR/VR industry, how far did it go? And what is the Obstacle?
What is Metaverse
How many “Universe” is there? What is the similarity and difference?
Metaverse may look like
Metaverse - The Future of Marketing and Web 3.0.pdfthetechnologynews
The global metaverse market was valued at USD 107,100.67 Million in 2020, and it is expected to reach a value of USD 758,600.86 Million by 2027, at a CAGR of 37.1% over the forecast period (2020 - 2027).
Get To Know More : https://skyquestt.com/report/metaverse-market
The Metaverse is a virtual interactive self-sufficient ecosystem comprising mobile networks, augmented reality, social media, gaming, virtual reality, e-commerce, cryptocurrency, and workplace. This universe is envisioned as the internet's future, bringing together augmented reality (AR), virtual reality (VR), and physical worlds in a common digital arena. NFTs and online events are exploding, opening up a world of possibilities for the metaverse and associated technologies.
The transition to the Metaverse is fast approaching. Several components and features of this open-source platform have progressed to the point where they may be smoothly merged to investigate the idea of building a parallel virtual reality. NFTs and online events are exploding, opening up a world of possibilities for the metaverse.
Global Metaverse Market Segmental Analysis
The Global Metaverse Market is segmented based on Type, Technology, and Application. Based on Type it is categorized into: Mobile and Desktop. Based on Technology it is categorized into: Blockchain, VR & AR, Mixed Reality, and Others. Based on Application it is categorized into: Gaming, Online Shopping, Content Creation, Social Media, and Others. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
Analysis by Application
The gaming segment is expected to be the largest segment in the Metaverse market throughout the forecast period (2020-2027).Due to major ongoing innovations and advances by developers, as well as a rising focus on improving immersion and making games more realistic, the gaming segment will have the leading revenue share of more than 25% in 2021. Furthermore, corporations' growing emphasis on using games to enhance their corporate image is expected to drive revenue growth.
China, the world's second-largest economy, is expected to reach a market size of USD 103,100.26 million in 2026, with a CAGR of 38.1 % throughout the forecast period. Other notable global markets include Japan and Canada, which are expected to increase at 31.3% and 29.6%, respectively, throughout the forecast period. Germany is expected to develop at a 36.8% CAGR within Europe, while the rest of the European market would reach USD 59,500.67 Million by the conclusion of the forecast period.
The Metaverse is a collection of 3D virtual simulations or worlds. Here, users can access various activities and can create their very own avatars. Metaverse will act as an alternative digital world where people can socialize and collaborate on tasks, play games and do many other activities.
The infrastructure of the Metaverse needs to have a solid foundation before connecting multiple virtual spaces with one another. Metaverse needs to be decentralized to function properly.
Centralized Metaverse will be extremely limited where third parties can take control with no intention of fair play. This is where blockchain comes in handy. Blockchain is the perfect technology for Metaverse as it can offer it the decentralization it needs for the users.
Here, at 101 Blockchains, we offer full courses that will help you understand blockchain and how blockchain will be a crucial part of the Metaverse.
The following courses will help you ->
Metaverse Fundamentals
https://academy.101blockchains.com/courses/metaverse-fundamentals
NFT Fundamentals Course
https://academy.101blockchains.com/courses/nft-fundamentals
Introduction to DeFi Course
https://academy.101blockchains.com/courses/defi-course
Tokenization Fundamentals
https://academy.101blockchains.com/courses/tokenization-fundamentals
Learn more about the certification courses from here ->
Certified Enterprise Blockchain Professional (CEBP) course
https://academy.101blockchains.com/courses/blockchain-expert-certification
Certified Enterprise Blockchain Architect (CEBA) course
https://academy.101blockchains.com/courses/certified-enterprise-blockchain-architect
Certified Blockchain Security Expert (CBSE) course
https://academy.101blockchains.com/courses/certified-blockchain-security-expert
Learn more from our guide ->
https://101blockchains.com/metaverse-future/
Metaverse is the converged world of physical world and virtual world that is hyper-connected, hyper-visualized, hyper-interacted, and hyper-reality enabled. Metaverse is a collection of fully connected interoperable physically augmented digital worlds with physical persistence that are converged with the virtually augmented physical world in which people and digital representations of people (digital people) can fully interact with one another and digital objects/environments (including digital twins) with full reality.
History about the industry AR/VR
A brief about the AR/VR industry, how far did it go? And what is the Obstacle?
What is Metaverse
How many “Universe” is there? What is the similarity and difference?
Metaverse may look like
Present and Future of Metaverse
Why Metaverse Now?
Metaverse Use Case: AI Innovation Platform
Metaverse Enterprise
Metaverse - Gartner Emerging Technology Mapping
Applications for ESG Sustainability Imperative
Metaverse for Sustainable Smart City
ConnectCon: Metaverse Products of the Future
A virtual festival for entrepreneurs, artists, and innovators to gather together to better understand how to collaborate more effectively around building the products for the future.
Into the Metaverse: experts and enthusiasts will discuss how to build projects in the Metaverse
Metaverse Mingle: get to know fellow doers and their superpowers in our networking space, connect with investors, and meet innovators
Metaverse Gallery: visit our virtual gallery to discover the critical milestones of the Metaverse development.
Web 3.0 continues to create a more democratic, censorship-free, and more transparent internet network by producing solutions to the problems of Web 2.0.
In this direction, metaverse technology, which is a future repetition of the internet consisting of 3-dimensional, permanent virtual spaces connected to the virtual universe, continues to reveal its difference.
At this point, the new technologies of the future continue to develop.
Metaverse - The Future of Marketing and Web 3.0 (1) Linked.pdfthetechnologynews
The global metaverse market was valued at USD 107,100.67 Million in 2020, and it is expected to reach a value of USD 758,600.86 Million by 2027, at a CAGR of 37.1% over the forecast period (2020 - 2027).
Contents
I. Metaverse Ecosystem
-Present and Future of Metaverse Infographics
-Why Metaverse Now?
II. Digital Twin Metaverse
-Digital Twin Types
-Digital Twin Models
-Digital Twin Patent Landscape
-Digital Twin Metaverse Use Case: AI Innovation Platform
III. Metaverse Enterprise & ESG Applications
-Metaverse Enterprise
-ESG Strategic Planning and Program Management
-Scenario Planning for Metaverse Enterprise
-TCFD Scenario Analysis
IV. ESG Digital Transformation
-ESG Sustainability Imperative
-ESG Investing and Management Consideration Core Factors
-ESG + Digital Integrated Transformation (ESGDX) Imperative
-How ESGDX Can Create New Revenue Streams?
-ESGDX for ESG Sustainability Management
-ESG Sustainability Management/Assessment Issues & Challenges & Solutions
-ESG DX Forum
V. Sustainable Smart City Development
-Metaverse for Sustainable Smart City
-Smart City Components
-Smart City Design and Development
-Smart City Management
-Smart City Financing and Business Development
Metaverse has become ae buzzword in the tech industry. Not a single day goes by without a mention of it
in the media, especially around investments, startups building components, new platforms being
announced and large companies entering this world of digital engagement. There is undeniably a huge momentum of an almost real 3D virtual world, and the clarion call was perhaps Facebook rebranding itself
as Meta which will perhaps be remembered as a red letter moment in the evolution of the Metaverse.
Introduction to the metaverse by Lionsorbet
“the futuristic ideal is a multi-dimensional, single unified, persistent world called the ‘metaverse’ where all companies and groups cooperate in a shared experience that can be accessed anywhere, anytime by anyone”
- Steve Irvine
The Metaverse is a collection of virtual environments that supports 3D elements and interactions with digital objects through AR and VR technologies. Metaverse has the option to fully change the way we perceive reality and make out digital experience more real-like.
Games are a huge part of the Metaverse ecosystem. Through the use of VR and AR technologies in the Metaverse, the gaming experience can enhance drastically for the users. Here, we will analyze the 5 Best Metaverse Games – Sandbox, Axie Infinity, Illuvium, Decentraland, and Star Atlas. All of these games offer various types of features for their players.
Here, at 101 Blockchains, we offer various high-quality courses that offer in-depth analysis of blockchain technology. These courses will help you understand the core principles of this technology and how it will play a huge part in developing the Metaverse.
The following courses will help you ->
Metaverse Fundamentals
https://academy.101blockchains.com/courses/metaverse-fundamentals
NFT Fundamentals Course
https://academy.101blockchains.com/courses/nft-fundamentals
Introduction to DeFi Course
https://academy.101blockchains.com/courses/defi-course
Tokenization Fundamentals
https://academy.101blockchains.com/courses/tokenization-fundamentals
Learn more about the certification courses from here ->
Certified Enterprise Blockchain Professional (CEBP) course
https://academy.101blockchains.com/courses/blockchain-expert-certification
Certified Enterprise Blockchain Architect (CEBA) course
https://academy.101blockchains.com/courses/certified-enterprise-blockchain-architect
Certified Blockchain Security Expert (CBSE) course
https://academy.101blockchains.com/courses/certified-blockchain-security-expert
Learn more from our guide ->
https://101blockchains.com/best-metaverse-games/
Present and Future of Metaverse Infographics
Metaverse is a collection of fully connected interoperable physically augmented digital worlds with physical persistence that are converged with the virtually augmented physical world in which people and digital representations of people (digital people) can fully interact with one another and digital objects/robots/environments (including digital twins) with full reality.
Metaverse can create economic values without space/time/resource limitations (Dematerialization)
Metaverse Enterprise/Industry Applications
Metaverse Office/Home/Building; Metaverse Factory; Metaverse Store; Metaverse Mobility; Metaverse City
Performance XR Trends: Interrogating the Liveness of the LiveKent Bye
Presented on November 13, 2021 as the opening keynote of the Performance XR Conference.
Voices of VR Podcast host Kent Bye talks about some of the trends that he's seeing in intersection between live performance, immersive theater, and immersive technologies. He'll recap a brief history of notable XR performances he's been able to catch on the film festival circuit over the past 7 years, but also some of the underlying experiential design principles and some of the ethical considerations. One question that comes up again and again is "What is the liveness of the live?" within virtual performances, and he'll recount a range of different approaches to this question, including how interactive user interfaces can help shape the overall aesthetic of an immersive piece.
The metaverse is not new! The technology behind the latest immersive experiences has been building for years. Find out more about the history of the metaverse.
Cos'è veramente il Metaverso e quali tecnologie odierne e future sono alla base di questo nuovo universo.
Approfondiremo insieme la realtà riguardo VR/AR, Blockchain, risorse persistenti e dispositivi che permetteranno al Metaverso di prosperare.
Al termine di questo talk avrai chiaro quali sono tutte le tecnologie a supporto di questo nuovo trend e come farne parte a partire da subito!
Sia per quando riguarda l'utilizzo degli strumenti di base sia per quanto riguarda lo sviluppo e creazione di ciò che sarà il futuro di Internet.
Viaggiamo insieme partendo da Headsets VR/AR, quali software e linguaggi utilizzare per sviluppare (Unity, Unreal, WebXR), la Blockchain e il suo ruolo in tutto questo con gli NFT, la proprietà digitale, Solidity, ed altro ancora.
EON Reality Knowledge Metaverse Program (EKM Program)Senthilkumar R
By bringing the knowledge metaverse to life, EON Reality will merge the physical, virtual, and augmented reality worlds to reshape the way people everywhere experience their realities. Physical objects and spaces will be complete with informational annotations, activities, and other enhanced knowledge points, while users in virtual reality will be able to digitally teleport themselves into real-life settings around the world.
Metaverse, one of the effects of technology’s continuous progress, in what appears to be a chapter of a classic science fiction novel. Here are new trends of Metaverse.
Present and Future of Metaverse
Why Metaverse Now?
Metaverse Use Case: AI Innovation Platform
Metaverse Enterprise
Metaverse - Gartner Emerging Technology Mapping
Applications for ESG Sustainability Imperative
Metaverse for Sustainable Smart City
ConnectCon: Metaverse Products of the Future
A virtual festival for entrepreneurs, artists, and innovators to gather together to better understand how to collaborate more effectively around building the products for the future.
Into the Metaverse: experts and enthusiasts will discuss how to build projects in the Metaverse
Metaverse Mingle: get to know fellow doers and their superpowers in our networking space, connect with investors, and meet innovators
Metaverse Gallery: visit our virtual gallery to discover the critical milestones of the Metaverse development.
Web 3.0 continues to create a more democratic, censorship-free, and more transparent internet network by producing solutions to the problems of Web 2.0.
In this direction, metaverse technology, which is a future repetition of the internet consisting of 3-dimensional, permanent virtual spaces connected to the virtual universe, continues to reveal its difference.
At this point, the new technologies of the future continue to develop.
Metaverse - The Future of Marketing and Web 3.0 (1) Linked.pdfthetechnologynews
The global metaverse market was valued at USD 107,100.67 Million in 2020, and it is expected to reach a value of USD 758,600.86 Million by 2027, at a CAGR of 37.1% over the forecast period (2020 - 2027).
Contents
I. Metaverse Ecosystem
-Present and Future of Metaverse Infographics
-Why Metaverse Now?
II. Digital Twin Metaverse
-Digital Twin Types
-Digital Twin Models
-Digital Twin Patent Landscape
-Digital Twin Metaverse Use Case: AI Innovation Platform
III. Metaverse Enterprise & ESG Applications
-Metaverse Enterprise
-ESG Strategic Planning and Program Management
-Scenario Planning for Metaverse Enterprise
-TCFD Scenario Analysis
IV. ESG Digital Transformation
-ESG Sustainability Imperative
-ESG Investing and Management Consideration Core Factors
-ESG + Digital Integrated Transformation (ESGDX) Imperative
-How ESGDX Can Create New Revenue Streams?
-ESGDX for ESG Sustainability Management
-ESG Sustainability Management/Assessment Issues & Challenges & Solutions
-ESG DX Forum
V. Sustainable Smart City Development
-Metaverse for Sustainable Smart City
-Smart City Components
-Smart City Design and Development
-Smart City Management
-Smart City Financing and Business Development
Metaverse has become ae buzzword in the tech industry. Not a single day goes by without a mention of it
in the media, especially around investments, startups building components, new platforms being
announced and large companies entering this world of digital engagement. There is undeniably a huge momentum of an almost real 3D virtual world, and the clarion call was perhaps Facebook rebranding itself
as Meta which will perhaps be remembered as a red letter moment in the evolution of the Metaverse.
Introduction to the metaverse by Lionsorbet
“the futuristic ideal is a multi-dimensional, single unified, persistent world called the ‘metaverse’ where all companies and groups cooperate in a shared experience that can be accessed anywhere, anytime by anyone”
- Steve Irvine
The Metaverse is a collection of virtual environments that supports 3D elements and interactions with digital objects through AR and VR technologies. Metaverse has the option to fully change the way we perceive reality and make out digital experience more real-like.
Games are a huge part of the Metaverse ecosystem. Through the use of VR and AR technologies in the Metaverse, the gaming experience can enhance drastically for the users. Here, we will analyze the 5 Best Metaverse Games – Sandbox, Axie Infinity, Illuvium, Decentraland, and Star Atlas. All of these games offer various types of features for their players.
Here, at 101 Blockchains, we offer various high-quality courses that offer in-depth analysis of blockchain technology. These courses will help you understand the core principles of this technology and how it will play a huge part in developing the Metaverse.
The following courses will help you ->
Metaverse Fundamentals
https://academy.101blockchains.com/courses/metaverse-fundamentals
NFT Fundamentals Course
https://academy.101blockchains.com/courses/nft-fundamentals
Introduction to DeFi Course
https://academy.101blockchains.com/courses/defi-course
Tokenization Fundamentals
https://academy.101blockchains.com/courses/tokenization-fundamentals
Learn more about the certification courses from here ->
Certified Enterprise Blockchain Professional (CEBP) course
https://academy.101blockchains.com/courses/blockchain-expert-certification
Certified Enterprise Blockchain Architect (CEBA) course
https://academy.101blockchains.com/courses/certified-enterprise-blockchain-architect
Certified Blockchain Security Expert (CBSE) course
https://academy.101blockchains.com/courses/certified-blockchain-security-expert
Learn more from our guide ->
https://101blockchains.com/best-metaverse-games/
Present and Future of Metaverse Infographics
Metaverse is a collection of fully connected interoperable physically augmented digital worlds with physical persistence that are converged with the virtually augmented physical world in which people and digital representations of people (digital people) can fully interact with one another and digital objects/robots/environments (including digital twins) with full reality.
Metaverse can create economic values without space/time/resource limitations (Dematerialization)
Metaverse Enterprise/Industry Applications
Metaverse Office/Home/Building; Metaverse Factory; Metaverse Store; Metaverse Mobility; Metaverse City
Performance XR Trends: Interrogating the Liveness of the LiveKent Bye
Presented on November 13, 2021 as the opening keynote of the Performance XR Conference.
Voices of VR Podcast host Kent Bye talks about some of the trends that he's seeing in intersection between live performance, immersive theater, and immersive technologies. He'll recap a brief history of notable XR performances he's been able to catch on the film festival circuit over the past 7 years, but also some of the underlying experiential design principles and some of the ethical considerations. One question that comes up again and again is "What is the liveness of the live?" within virtual performances, and he'll recount a range of different approaches to this question, including how interactive user interfaces can help shape the overall aesthetic of an immersive piece.
The metaverse is not new! The technology behind the latest immersive experiences has been building for years. Find out more about the history of the metaverse.
Cos'è veramente il Metaverso e quali tecnologie odierne e future sono alla base di questo nuovo universo.
Approfondiremo insieme la realtà riguardo VR/AR, Blockchain, risorse persistenti e dispositivi che permetteranno al Metaverso di prosperare.
Al termine di questo talk avrai chiaro quali sono tutte le tecnologie a supporto di questo nuovo trend e come farne parte a partire da subito!
Sia per quando riguarda l'utilizzo degli strumenti di base sia per quanto riguarda lo sviluppo e creazione di ciò che sarà il futuro di Internet.
Viaggiamo insieme partendo da Headsets VR/AR, quali software e linguaggi utilizzare per sviluppare (Unity, Unreal, WebXR), la Blockchain e il suo ruolo in tutto questo con gli NFT, la proprietà digitale, Solidity, ed altro ancora.
EON Reality Knowledge Metaverse Program (EKM Program)Senthilkumar R
By bringing the knowledge metaverse to life, EON Reality will merge the physical, virtual, and augmented reality worlds to reshape the way people everywhere experience their realities. Physical objects and spaces will be complete with informational annotations, activities, and other enhanced knowledge points, while users in virtual reality will be able to digitally teleport themselves into real-life settings around the world.
Metaverse, one of the effects of technology’s continuous progress, in what appears to be a chapter of a classic science fiction novel. Here are new trends of Metaverse.
What is Metaverse? A Comprehensive Guide to the Future of Virtual RealityBaek Yongsun
Discover the future of virtual reality with our comprehensive guide to the what is Metaverse. Explore the concept of a digital universe where virtual and physical worlds merge, and dive into the possibilities of immersive experiences, social interactions, and economic opportunities.
It is essential to know how to access the Metaverse and which apps to use in 2022, whether you are a new or seasoned user. Games and other interactive content that appeal to users of all ages can be created using these apps.
Conversational AI in Metaverse: The Future of Digital InteractionsRahulBansal965760
Metaverse will have a direct impact on various industries and businesses are already leveraging the tech to earn huge profits. For businesses to take advantage of Metaverse on a large scale, conversational AI is a key in Metaverse.
1. Understand the Metaverse and where it stands today.
2. Understand how Metaverse will change the way businesses and people interact with each other.
3. The benefits of the Metaverse for brands everywhere.
4. The opportunities that can arise with the rise of the Metaverse and Web3.
For more visit- https://yellow.ai/resources/articles/conversational-AI-metaverse-next-channel-for-brands-scale-digital-interactions
The 10 Best Examples Of The Metaverse Everyone Should Know AboutBernard Marr
The metaverse – everyone is talking about it, but no one is exactly sure what it actually is. This makes it a bit difficult if we want to put together a list of platforms or experiences that represent the best of what it could be.
So, are you curious to know about Meta Verse? Great! You are visiting the right place. Let's understand all the crucial points about the Metaverse.
Please visit: https://www.glancesys.com/blogs/the-metaverse-a-glimpse-of-the-future-and-virtual-economy
Fuel and implement your metaverse based platform with the best metaverse development company. We provide integrated services that would help you with prominent features and functions in your metaverse.
Millions of dollars have been invested in the Metaverse by some of the largest companies in the world. And brands are buying into the Metaverse to position themselves for the next revolution in digital marketing. Discover what brands are doing in the Metaverse and how your company can take advantage of this unique and burgeoning opportunity. Technology is increasing at an exponential rate providing competitive advantage opportunities for those companies that can not only innovate but have a roadmap of continuous innovation. The Metaverse creates new opportunities for innovation around products, marketing, business models, and disruptive forces that will impact every industry. Are you ready?
While definitions of the metaverse vary, most proponents agree it involves more than just putting on virtual reality goggles or augmented reality glasses and interacting with avatars. It implies a bridging of countless smaller digital worlds and experiences through technical standards that allow users to move between them, carrying their virtual identity, social connections and possessions as they go.’
Learn Basics & Advances of Metaverse - 101BlockchainsJackSmith435850
Metaverse is basically a combination of multiple elements of technology, including virtual reality, augmented reality and video where users live within a digital universe. To learn more about Metaverse please go through the document.
The Ultimate Guide to Create Metaverse Platform for the Future.pdfProlitus Technologies
Unleash your creativity in the digital realm! Explore "The Ultimate Guide to Create Metaverse Platform for the Future" and discover how to bring your wildest imaginations to life. Step into the future and learn the secrets of building your own metaverse, where virtual experiences redefine reality. Don't miss out on the opportunity to shape the next frontier of digital innovation! To Read Complete Blog Visit- https://www.prolitus.com/blog/the-ultimate-guide-to-create-metaverse-platform/ #Metaverse #DigitalFuture #VirtualReality
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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2. The elements of a new
digital age are converging
at scale. The metaverse
is the driving force
bringing these elements
together in a unified,
immersive experience.
We are not here to suggest the metaverse, as we know it today, will take over
all human interactions, but rather, to explore the many exciting opportunities it
presents for consumers and brands alike. Whether it’s large tech players such
as Microsoft planning to create realistic workspaces, or Ariana Grande holding
a concert in Fortnite, the opportunities presented by interactive, digital worlds
seem limitless. The metaverse will likely infiltrate every sector in some way in
the coming years, with the market opportunity estimated at over $1 trillion in
yearly revenues.6
As a result, we see companies of all shapes and sizes entering the metaverse
in different ways, including household names like Walmart, Nike, Gap, Verizon,
Hulu, PWC, Adidas, Atari and others.7
Business leaders and boardrooms around
the world are now asking themselves, “What is my metaverse strategy? What am
I supposed to be doing in the metaverse? What is the metaverse anyway?”
The metaverse offers
opportunities to…
Transact
$54B
Every year, $54 billion is spent on
virtual goods, almost double the
amount spent buying music1
Socialize
6oB
Approximately 60 billion messages
are sent daily on Roblox2
Create
$80M
GDP for Second Life was about
$650M in 2021 with nearly $80M
USD paid to creators3
Own
$41B
Non-fungible tokens (NFTs) currently
have a market cap of $41 billion4
Experience
2oo
200 strategic partnerships to
date with The Sandbox, including
Warner Music Group to launch a
music-themed virtual world5
2 Opportunities in the Metaverse jpmorgan.com/onyx
3. What is the metaverse?
The metaverse is a seamless convergence of our physical and digital lives,
creating a unified, virtual community where we can work, play, relax, transact
and socialize. The metaverse is still early in its evolution, and there is no
singular, all-encompassing definition to which people can turn. Themes of what
the metaverse is and could be, however, are emerging. A key point is that there
is no one virtual world but many worlds, which are taking shape to enable
people to deepen and extend social interactions digitally. This is done by adding
an immersive, three-dimensional layer to the web, creating more authentic
and natural experiences. The metaverse even has the promise of facilitating
accessibility from the comfort of the home, breaking down boundaries and
democratizing access to key goods, services and experiences.
Before diving deeper into the metaverse, it’s important to lay the foundation
between features of today’s metaverse—Web 2.0 characteristics, and the
emerging Web 3.0 characteristics. While the table below highlights our
assessment of the key metaverse features between the two, the lines are
blurring as more and more traditional virtual worlds are adopting elements of
the blockchain-based worlds.
There is no one virtual
world but many worlds,
which are taking shape
to enable people to
deepen and extend social
interactions digitally.
3 Opportunities in the Metaverse jpmorgan.com/onyx
4. Web 2.0 versus Web 3.0 approach to the metaverse
Web 2.0 Web 3.0
Example virtual worlds • Second Life
• Roblox
• Fortnite
• World of Warcraft
• Decentraland
• The Sandbox
• Somnium Space
• Cryptovoxels
Organizational structure • Centrally owned
• Decisions are based on adding shareholder value
• Community governed, generally through
a foundation decentralized anonymous
organization (DAO)
• Native tokens are issued and enable
participation in governance
• Decisions are based on user consensus
Data storage • Centralized • Decentralized (game assets)
Platform format • PC/console
• Virtual reality (VR)/augmented reality (AR)
hardware
• Mobile/app
• PC
• Virtual reality (VR)/augmented reality (AR)
hardware
• Mobile/app coming soon
Payments infrastructure • Traditional payments (e.g., credit/debit card) • Crypto wallets
Digital assets ownership • Leased within platform where purchased • Owned through non-fungible tokens
(NFT)
Digital assets portability • Locked within platform • Transferable
Content creators • Game studios and/or developers • Community
• Game studios and/or developers
Activities • Socialization
• Multi-player games
• Game streaming
• Competitive games (e.g., esports)
• Play-to-earn games
• Experiences
• (Same activities as Web 2.0, see box on
left)
Identity • In-platform avatar • Self-sovereign and interoperable
identity
• Anonymous private-key-based identities
Payments • In-platform virtual currency (e.g., Robux for Roblox) • Cryptocurrencies and tokens
Content revenues • Platform or app store earns 30% of every game
purchased; 70% goes to developer (example
model)8
• Peer-to-peer; developers (content
creators) directly earn revenue from sales
• Users/gamers can earn through play or
participation in platform governance
• Royalties on secondary trades of NFTs
to creators
PLATFORM
CHARACTERISTICS
USER
INTERACTION
COMMERCIALS
4 Opportunities in the Metaverse jpmorgan.com/onyx
5. Why metaverse? Why now?
The concept of a metaverse is not a new one. In many ways this is a linear
progression. Online, multi-player, role-playing worlds like The Sims or Second
Life have been around for nearly 20 years, with players spending an average
of 20 hours per week in these worlds.9
Modern equivalents like Minecraft,
World of Warcraft and Fortnite have hundreds of millions of users, and huge
supporting economies.
We are now at an inflection point, where it seems that not a day goes by
without a company or celebrity announcing that they are building a presence
in a virtual universe. While the buzz can partially be attributed to attention-
grabbing headlines, there is a convergence of emerging trends. A number of
new technologies have come together to enable this vision of the metaverse.
Augmented reality (AR) and virtual reality (VR) headsets have become cheaper
and more powerful, improving the user experience. Blockchain has enabled
digital currencies and NFTs. The new methods to transact and own digital goods
are allowing creators to monetize their activities through tokens. In addition
to monetization, and as a means to exchange value, token-holders can also
participate in the platform’s governance (e.g. vote on decisions). This democratic
ownership economy coupled with the possibility of interoperability, could unlock
immense economic opportunities, whereby digital goods and services are no
longer captive to a singular gaming platform or brand.
From a social perspective, the development of more immersive virtual experiences
is helping people to build communities based on shared values, and to express
themselves in more authentic ways. Meanwhile, COVID-19 accelerated the
digitization of our lives and normalized more persistent and multi-purpose online
engagement and communication. It is this combination of technological, social and
economic drivers that is resulting in the explosive interest in the metaverse.
From a social perspective,
the development
of more immersive
virtual experiences is
helping people to build
communities based on
shared values, and to
express themselves in
more authentic ways.
Co-Author, Adit Gadgil, explores gallery in
Decentraland
Source: Decentraland
5 Opportunities in the Metaverse jpmorgan.com/onyx
6. Opportunities in the metaverse
6
Metanomics
When you think about the economics of the metaverse—or metanomics—there
are opportunities in almost every market area. Imagine you have an online
avatar and you want to change what it/you are wearing, you will be able to buy
limited-edition, digitally branded clothing that you pick after browsing a virtual
showroom. Or you may start your own small business, such as an art gallery
where you display your latest and greatest collections, or a virtual private club.
How the metaverse has evolved
The metaverse is evolving from two decades of gaming and will be built upon gaming infrastructure
June 23, 2003
Second Life is released
May 4, 2007
Runescape reaches
1 million members
December 11, 2008
Playstation Home is
realeased on Playstation 3
October 7, 2010
World of Warcraft
reaches 12 million
subscribers
August 31, 2013
Riot sells out League of Legends
finals at Staples Center
August 25, 2014
Amazon acquires
Twitch for
$970 million
September 15, 2014
Microsoft aquires
Minecraft for $2.5 billion
December 27, 2018
Fortnite nets Epic
Games $3 billion in
profit for the year
February 20, 2020
Decentraland is released
March 11, 2021
Roblox (RBLX) tops
$39 billion in market
cap in its IPO
October 28, 2021
Facebook changes
company name to Meta
December 4, 2021
Virtual land
adjacent to Snoop
Dogg’s Sandbox
estate sells for
$450,000 in ETH
January 18, 2022
Microsoft announces
plans to aquire Activision
Blizzard for $68.7 billion
Source: Galaxy Digital Research
Timeline does not reflect a complete picture of all companies accepting or facilitating cryptocurrency donations.
jpmorgan.com/onyx
7. The growth of the ownership economy
Metanomics is not a new term or concept. Its origins lead back to 2007 when
a Cornell professor, Rob Bloomfield, hosted a course on the subject in Second
Life.10
Many of the themes Bloomfield covered resonate today, including drawing
parallels between the physical and digital real estate markets. However, a key
difference today is the ownership economy, driven by the advent of Web 3.0. If
you want to personalize a virtual home, you can purchase an original piece of
art, tokenized as a digital asset. You can even own the land the house is built on.
Ethereum-based platforms like Decentraland, for example, are already selling
virtual plots that people can develop. Virtual real estate is a growing market.
The average price of a parcel of land doubled in a six-month window in 2021. It
jumped from $6,000 in June to $12,000 by December across the four main Web
3.0 metaverses.11
Partly this growth has been because brands have been buying
up space so they can create virtual stores and other experiences. In June 2021,
one land package in Decentraland was sold for $913,000, with the developer
Every Realm (formerly Republic Realm) turning it into an entire shopping district,
Metajuku (inspired by Japan’s Harajuku shopping district).12
Second Life has enabled differentiated experiences
Source: Second Life
$12,000
The average price of a parcel of
virtual land doubled in a six-month
window in 2021. It jumped from
$6,000 in June to $12,000 by
December across the four main
Web 3.0 metaverses11
7 Opportunities in the Metaverse jpmorgan.com/onyx
8. From DeFi to DAO
In time, the virtual real estate market could start seeing services much like
in the physical world, including credit, mortgages and rental agreements.
However, with the emergence of decentralized finance (DeFi), collateralized
lending primitives and the composability of blockchain token-based digital
assets, a next-generation financing company could potentially leverage digital
clothing as collateral to underwrite virtual land and property mortgages. In
fact, the financing company may not be a company at all, but instead, a self-
organizing, mission-based community of people (who may not have met at all
in person), also known as a decentralized autonomous organization (DAO). The
DAO may have seeded its original balance sheet into a multi-signature wallet to
create the mortgages. An additional layer of tokenomics to incentivize certain
participant or community behaviors creates another level of gamification and
commercialization.
Surge in market cap of tokens in major metaverse platforms after
Facebook’s rebranding to Meta
$40,000,000,000
$35,000,000,000
$30,000,000,000
$25,000,000,000
$20,000,000,000
$15,000,000,000
$10,000,000,000
$5,000,000,000
Feb
2021
Mar
2021
Apr
2021
May
2021
Jun
2021
Jul
2021
Aug
2021
Sep
2021
Oct
2021
Nov
2021
Dec
2021
Jan
2022
Feb
2022
Somnium Space (CUBE)
The Sandbox (SAND)
Decentraland (MANA)
Source: The Block
8 Opportunities in the Metaverse jpmorgan.com/onyx
9. Work in the metaverse
Supply and demand dynamics are driving more people into the meta-economy.
This, in turn, will necessitate the development of new skills and generate
new opportunities to make money. After all, people will have to develop and
build the products that are consumed in the virtual world—establishing huge
opportunities for the creator economy. RTFKT is a virtual shoe designer that has
recently been acquired by Nike.13
It has created an interesting bridge between
digital and physical merchandise (NFT owners receive physical sneakers that
match their NFTs), and is building an ecosystem of avatars, spaces and digital
products, in addition to wearables. In a recent auction, RTFKT sneakers sold for
up to $10,000 a pair.14
By contrast, some people will earn their livings providing
services—the gig workers of the metaverse. For instance, if you are planning a
virtual party and want musical entertainment, you could hire a singer or a DJ to
perform. Virtual concerts have the potential to be more profitable than physical
concerts, which deal with barriers such as capacity and parking. Recently, a
major concert held in Fortnite was seen by 45 million people15
and grossed
around $20 million, including sales of merchandise.16
People who otherwise
would not have had access to such experiences, due to geography or cost, can
now participate.
It will be interesting to see how marketing and
advertising pans out, as it is potentially one of the
biggest segments of the meta-economy. There are
huge opportunities for branding and immersive
ad experiences in virtual worlds due to the mass
audiences available. As with the current generation of
social media companies, advertising is the model that
many platforms use to generate revenue. In-game ad
spending is set to reach $18.41 billion by 2027.17
$18.41B
In-game ad spending is set to
reach $18.41 billion by 202717
One of the main metaverse platforms, The Sandbox’s
brand map, reflecting 200 partnerships
Source: The Sandbox
9 Opportunities in the Metaverse jpmorgan.com/onyx
10. Expanded opportunities across industries
and countries
It is not just business-to-consumer environments that will benefit. The
metaverse will provide a massive opportunity for business-to-business
enterprises. Take a manufacturer that is buying new parts for its equipment.
Presently, the process involves receiving a physical brochure or an emailed
PDF with static 2D pictures. In the metaverse, users could test the products
in a virtual environment at lower cost. Imagine being able to build a complex
digital twin of a factory or industrial space at massive scale, and test how
robotics systems will interact with the physical environment.
One of the great possibilities of the metaverse is that it will massively
expand access to the marketplace for consumers from emerging and frontier
economies. The internet has already unlocked access to goods and services
that were previously out of reach. Now, workers in low-income countries, for
example, may be able to get jobs in western companies without having to
emigrate. Educational opportunities will also expand, with VR worlds being a
low-cost and effective way to access training. With these developments there
will also have to be clear governance.
From a corporate perspective, there are opportunities to massively scale.
Instead of having stores in every city, a major retailer might build a global hub
in the metaverse that is able to serve millions of customers. Beyond retailers,
the metaverse will turbocharge the shift in gaming, sports betting and
gambling from cash to crypto. Companies such as Sightline Payments, that
have built infrastructure to support cashless digital gaming for live sports and
casinos, are ideally placed to capitalize on the opportunity as these industries
rapidly transition to offering experiences to gamers in the metaverse.
One of the great
possibilities of the
metaverse is that it will
massively expand access
to the marketplace
for consumers from
emerging and frontier
economies.
J.P. Morgan team, including co-author Christine Moy
(center), explore Metajuku in Decentraland
Source: Decentraland
10 Opportunities in the Metaverse jpmorgan.com/onyx
11. Opportunities in the metaverse
11
Navigating hype vs. reality
Despite much excitement about the possibilities of the metaverse, in order to enable its full potential for engagement, community
building, self-expression and commerce, key areas need to be further developed and matured. We see these as new opportunities
for teams, projects, DAOs, businesses, technology providers and financial institutions to flourish and collaborate together in vibrant
ecosystems that address the following areas:
Technology Commercial
infrastructure
Privacy and
identity
Workforce of
the future
Regulation, tax, accounting
and social infrastructure
Technology
From a technological perspective, some key imperatives for the growth of the metaverse are:
• Improved performance in avatar movement and environment rendering
• Reduction of environment ‘sharding’ so all participants can interact with each other live in the
same location
• More capacity to support complexity in design and interactions
• Reduction of local hardware requirements for complex interactions with 3D rendering
• Expanded accessibility across devices (including mobile)
• Development of interoperability or cross-virtual world interactions, and ways to manage
engagement and digital assets across these platforms (think of it like being able to seamlessly
change channels on the television)
• Definition of standards for digital assets (wearables, objects, brands) and virtual/
cryptocurrencies, so they can be transferable across various virtual worlds (with potentially
different manifestations in each world, e.g., the same NFT manifests as a special edition t-shirt
in a virtual world but is a uniquely designed vehicle in a race car video game)
• Advanced discovery mechanisms such as the ability to find friends or recommendations on
things to do, places to visit, and customized virtual goods to shop
• Expanded data analytics and reporting for virtual spaces. These will be specifically designated
for commercial and marketing usage and will track business key performance indicators (this
already exists in some worlds, such as Cryptovoxels)
jpmorgan.com/onyx
12. Commercial infrastructure
Some key elements to support commerce and the meta-economy still need to be
determined and scaled, including:
• Web 3.0 virtual world integrations with legacy traditional finance payment rails
(e.g., credit cards, pay by bank, debit, automated clearing house/wires)
• Web 2.0 virtual world integrations with crypto payments and NFT/digital assets
marketplace commerce
• Single wallet user experience, inclusive of:
– Web 2.0 traditional finance payment rails, virtual currencies and virtual assets
– Web 3.0 crypto, NFTs and digital assets
– Digital identity verifiable credentials, know your customer (KYC)/anti-money
laundering (AML) compliance keys, and reputation points
– Multiple aliases to preserve privacy and enable digital freedom
• Evolution of virtual/cryptocurrencies and digital asset backed financing and
mortgages through using lending models, or leveraging decentralized finance
(e.g., NFT-collateral backed virtual world mortgages)
• Creation of cross-border and cross-metaverse foreign exchange and liquidity
solutions
• Improved user experience for mainstream adoptions of non-crypto/Web 3.0
natives
• Expansion of solutions and services to support DAO community-based
projects, business ventures and investments
Yat enables expression of your identity with emojis
Source: Yat
Privacy and identity
User identification and privacy safeguards
will be crucial for both interacting and
transacting in the metaverse.
• Preservation of one’s ability to have
multiple avatars/identities, with the
addition of:
– Private KYC/AML-compliant commerce
and payments
– Verifiable credentials that can be
easily structured to enable easier
identification of fellow community/team
members, or to enable configurable
access to varying virtual world locations
and experiences
– Prevention against cyberbullying or online
harassment/assault across virtual worlds
• Expansion of NFT token-gated spaces
to include the creation of private
interactions, discussion and messaging
12 Opportunities in the Metaverse jpmorgan.com/onyx
13. Workforce of the future
What will the future of work in the metaverse look like? Some key areas to
consider include:
• Training new designers and developers with specialization in 3D modelling
of avatars, wearables, objects, architecture and interiors, leveraging virtual
world-specific software development kits (SDKs)
• Evolution of content creators and storytellers that can span across virtual
worlds, virtual goods, NFTs, token gates, (varying manifestations of NFTs
across platforms), commerce and communities
• Redeployment of event producers that specialize in metaverse experiences
(concerts, parties, art showings, community meetings, sports events,
sightseeing and travel)
• Creation of community managers focused on creating robust online and
offline relationship-building and interactions to strengthen platform
engagement and stickiness
Adidas NFT project with Bored Ape Yacht Club
(ape Indigo Hertz)
Source: Adidas
Regulation, tax,
accounting and social
infrastructure
When it comes to the regulatory
framework that will govern the metaverse,
there are many open questions that need
to be addressed, including:
• Paved paths on regulatory, tax and
accounting treatment of Web 3.0 digital
real estate/property, and virtual world
commercial transactions
• Adept navigation of regulatory, tax
and accounting treatment of primarily
Web 2.0 virtual worlds with Web 3.0
digital assets
• Solutions and services to support virtual
worlds that are globally accessible,
but may be required to adhere to local
jurisdictional requirements and rules in
commerce and payments
• Evolution of community governance
(e.g., Who sets rules in the virtual
worlds? Who governs?)
13 Opportunities in the Metaverse jpmorgan.com/onyx
14. What’s your
‘metaverse strategy’?
In the metaverse, some of the existing services and business models we are
familiar with will continue to exist, but the metaverse opens a whole new realm
of ways to engage which we expect will lead to uniquely new services and
business models. Not everything in the metaverse will be relevant for every
business. However, there is little downside to taking the opportunity to explore.
Learn
There are many different interpretations of the metaverse, and various angles to
learn about beyond the content here.
Assess
While the metaverse will scale across many industry verticals, evaluate if there
are relevant opportunities for your business.
Create
Gain experience through internal development. Take the opportunity to explore
creative consumer engagement through new channels, services, experiences,
digital goods and assets. Start small and move fast. Test and learn.
Connect
Start building a network of metaverse ecosystem participants. The world is
still small, so high quality collaborations and partnerships are still available at
a reasonable level of investment. Connect with a new generation and tap into
alternative talent pools.
Establish
Get your business out there and position yourself to capture the hearts and
minds of tech-forward sub-communities.
Gallery in Cryptovoxels
Source: Consensys
Some key questions to
consider include:
• How would your business model and/
or overall organization be impacted if
there was more time spent interacting,
transacting and socializing in virtual
worlds? Would there be any impact at all?
• If your business and brand were in the
metaverse, what value could you create for
the community? Would you be a participant
or a service provider?
• What are the authentic experiences and
services of my organization that make
sense in a virtual ecosystem?
• If you are a consumer-facing brand,
is there an opportunity to create new
marketing channels through experiences,
digital goods, sponsorships and a branded
real estate presence?
• Do you have the in-house talent to help you
navigate the metaverse? Is there a video
game and/or crypto enthusiast on the team
that you can spotlight and position to help
educate the broader organization?
• If you want to have a presence or create an
experience in the metaverse, do you have
the in-house skillsets to do it yourself?
• Business in the real world remains the
priority. If your business is limited in time and
economic resources, what is the magnitude
of value accrued from being perceived as a
first mover in an emerging sector?
• How important is it to your business to
target a younger generation audience and
tech-forward sub-communities?
• Do your competitors have a presence in
the metaverse?
14 Opportunities in the Metaverse jpmorgan.com/onyx
15. Our approach to the metaverse
The success of building and scaling in the metaverse is dependent on having a robust
and flexible financial ecosystem that will allow users to seamlessly connect between the
physical and virtual worlds. Our approach to payments and financial infrastructure will
allow that interoperability to grow.
We believe the existing virtual gaming landscape (each virtual world with its own
population, GDP, in-game currency and digital assets) has elements that parallel the
existing global economy. This is where our long-standing core competencies in cross-
border payments, foreign exchange, financial assets creation, trading and safekeeping,
in addition to our at-scale consumer foothold, can play a major role in the metaverse.
We are building and scaling new emerging technologies to modernize infrastructure and
business models including but not limited to tokenization and digital identity, as we strive
for perpetual innovation and better ways to organize financial transactions and payments
in the decentralized web.
The Onyx by J.P. Morgan lounge in Decentraland
Source: Decentraland
In enabling the gaming ecosystem, we focus on three verticals:
Industrializing game platform
providers with bank-grade products
and digital assets platform access
• Offering enterprise-grade digital
assets infrastructure alongside more
than half a decade of expertise in
Web 3.0/blockchain/crypto
• Supporting onboarding through
specialized products focused on
account validation, sanctions
screening, transaction status and
fraud prevention
• Providing robust security and
required certifications
Enabling game and content creators to more
easily commercialize their creations
• Leveraging our enterprise-grade and
secure Ethereum virtual machine-based
zero gas fees blockchain platform reduces
the complexity, costs and risks involved
with building bespoke infrastructure and
determining which blockchain protocol to
build on in a time of rapid innovation and
uncertainty
• Reducing friction in increasing content
creator enrollment through simple
registration, onboarding and KYC
• Offering a full suite of payout services
including flexible and configurable virtual
wallets that support multiple payout
methods, account structures, micro loans
and account validation
Scaling the metaverse industry
worldwide across multiple currencies
and payment methods
• Creating custom solutions with assets
such as embedded and interoperable
stored value virtual wallets, flexible
single pay or multiple pay options, fast
and secure checkout, and the ability to
support more than 120 currencies18
15 Opportunities in the Metaverse jpmorgan.com/onyx
16. Opportunities in the metaverse
16
The bottom line
The components of the metaverse continue to evolve very quickly. It is difficult to base a business strategy on such a dynamic space,
characterized by explosive growth and the continuous innovation of new entrants. However, the costs and risks of engaging early and
consistently in order to build internal intellectual property, develop hypotheses about future business models, and identify ecosystem
partners and collaborators are relatively low. The asymmetrical risk of being left behind is worth the incremental investment needed to
get started and to explore this new digital landscape for yourself.
Christine Moy,
Managing Director,
Global Head of Liink, Crypto & the Metaverse,
Onyx by J.P. Morgan
Christine is tasked with setting a comprehensive cross-metaverse and video game ecosystem strategy (across both
Web 2.0 and Web 3.0) for the firm and its various lines of business, designing and driving the development of cutting-
edge technology products, collaborating video game publishers, payments facilitators, developer marketplaces, NFT
artists, digital assets ecosystems, and guiding clients on the journey. As one of the founding members of J.P. Morgan’s
blockchain/crypto program, Christine created and drove its key initiatives in digital assets, tokenized payments,
internet-of-things and digital identity.
LinkedIn
Twitter: @cmoyall
Adit Gadgil
Managing Director,
Head of E-commerce and Technology, Media & Telecommunications,
J.P. Morgan Payments
Adit is responsible for managing J.P. Morgan’s Corporate & Investment Bank (CIB) Technology, Media &
Telecommunications Solutions and Commercial Bank (CB) e-Commerce Solutions pipeline, maximizing strategic
engagement with sales, product and banking teams and representing the ambitions and financial services needs of
J.P. Morgan’s global e-commerce clients.
LinkedIn
Twitter: @aditgadgil
Special thanks and appreciation to Nicole Parina, Dan Bettinger, Jenny Kent, Edward Bowyer, Hannah Nasseri,
Mustafa Bedawala, Anthony Novio, Keerthi Moudgal, Alex Littleton, Andrew Keighery, for their contributions and effort.
jpmorgan.com/onyx