Web3 Digital assets are radically changing how to interact, transact, commerce, invest, produce, and earn a money. In this webinar, we will discuss about "how to develop the multi-trillion dollar Web3 token economy" through the convergence of metaverse, NFT, DeFi, and CBDC.
Agenda:
1. What is the Web3 Digital Assets?
2. How to develope MetaFi thorugh NFT + DeFi?
3. Future of CBDC
4. Metaverse Economic Ssystem
5. Legal Issues with Digital Assets
6. Investing in the Web3 Digital Assets
7. MetaFi + NFT + CBDC Convergence
Time & Location:
May 26 (Thursday) 2022, 12 pm – 1.30 pm EDT (US)/5 pm - 6.30 pm UST (UK)
Online panel discussion with keynote presentation
Webinar registration: https://www.linkedin.com/events/6926515177639043072/about/
1. Agenda:
1. What is the Web3 DigitalAssets?
2 H t d l M t Fi th h NFT + D Fi?
2. How to develop MetaFi through NFT + DeFi?
3. Future of CBDC
4. Metaverse Economic System
5 Legal Issues with DigitalAssets
5. Legal Issues with DigitalAssets
6. Investing in the Web3 DigitalAssets
7. MetaFi + NFT + CBDC Convergence
Registration:
https://www.linkedin.com/events/6926515177639043072/about/
6. Metaverse Present and Future Infographics
Metaverse = Physical + Virtual Converged World
Metaverse = Physical + Virtual Converged World
Physical World
Physical World
( )
( ) S ( )
S ( )
Virtual World
Virtual World
Vi li
Vi li [
[N
N Ti (A )
Ti (A ) N
N S (Di i l
S (Di i l
People can interact freely in a
People can interact freely in a
variety of ways and forms with
variety of ways and forms with
one another, digital objects,
one another, digital objects,
robots and environments for a
robots and environments for a
Technology Innovation
Technology Innovation
Reality Technology Innovation
Reality Technology Innovation
Reality Technology Innovation
Reality Technology Innovation
Reality: [
Reality: [Time (Events)
Time (Events) –
– Space (Places)
Space (Places) –
–
Matter (Substances)
Matter (Substances)]
]
Virtuality
Virtuality [
[No
No-
-Time (Autonomous)
Time (Autonomous) –
– No
No-
-Space (Digital
Space (Digital
Places)
Places) –
– No
No-
-Matter (Dematerialization)
Matter (Dematerialization)]
]
Me
Me
Surrogate
Surrogate
Robot
Robot
robots, and environments for a
robots, and environments for a
variety of
variety of metaverse
metaverse
experiences
experiences:
:
Immersive experience
Enhanced emotional
(fantasy/sensation/sense of
presence) experience
NFT
NFT
Creator Economy
Creator Economy Virtual Goods/Land Sale
Virtual Goods/Land Sale
XR Devices, HCI, Digital Senses
XR Devices, HCI, Digital Senses
XR Devices, HCI, Digital Senses
XR Devices, HCI, Digital Senses
You
You
Digital People/Objects/Places/Environments
Digital People/Objects/Places/Environments
Digital Me (Avatar)
Digital Me (Avatar) Digital You
Digital You
Active interaction experience
Real to virtual/Virtual to real
cross connected experience
Creative community
participation (co-creation)
experience
commerce/monetization
AI Digital Human Innovation
AI Digital Human Innovation
AI Digital Human Innovation
AI Digital Human Innovation
Augmented
Augmented Virtuality
Virtuality: [
: [No
No-
-Time (Autonomous)
Time (Autonomous) –
– No
No-
-Space (Digital
Space (Digital
Places)
Places) –
– Matter (Substances)
Matter (Substances)]
]
Augmented
Augmented Virtuality
Virtuality: [
: [No
No-
-Time (Autonomous)
Time (Autonomous) –
– No
No-
-Space (Digital
Space (Digital
Places)
Places) –
– Matter (Substances)
Matter (Substances)]
]
Augmented Reality:
Augmented Reality:
[
[Time (Events)
Time (Events) –
– Space
Space
(Places)
(Places) –
– No
No-
-Matter
Matter
(Dematerialization)
(Dematerialization)]
]
Augmented Reality:
Augmented Reality:
[
[Time (Events)
Time (Events) –
– Space
Space
(Places)
(Places) –
– No
No-
-Matter
Matter
(Dematerialization)
(Dematerialization)]
]
Physical Twin
Physical Twin Digital Twin
Digital Twin
3D GPS NAVI
3D GPS NAVI
commerce/monetization
experience
Massive sharing/engagement
experience
Metaverse
Metaverse Tour
Tour
Metaverse
Metaverse Applications
Applications
ICT/Digital Technology Innovation
ICT/Digital Technology Innovation
ICT/Digital Technology Innovation
ICT/Digital Technology Innovation
5G
5G
IoT
IoT
Spatial
C i
C i
5G
5G
IoT
IoT
Spatial
C i
C i
y
y g
g
Real
Real-
-time
time
data flow
data flow Mirrored
Mirrored Virtuality
Virtuality: [
: [Time (Events)
Time (Events)
–
– No
No-
-Space (Digital Places)
Space (Digital Places) –
– No
No-
-
Matter (Dematerialization)
Matter (Dematerialization)]
]
Mirrored
Mirrored Virtuality
Virtuality: [
: [Time (Events)
Time (Events)
–
– No
No-
-Space (Digital Places)
Space (Digital Places) –
– No
No-
-
Matter (Dematerialization)
Matter (Dematerialization)]
]
Meta Horizon Worlds
Meta Horizon Worlds
Microsoft Mesh
Microsoft Mesh
Augmented Reality +
Augmented Reality +
Mirrored
Mirrored Virtuality
Virtuality
Augmented Reality +
Augmented Reality +
Mirrored
Mirrored Virtuality
Virtuality M t
M t C
C
Computing
Computing
Computing
Computing
Decentralization Technology Innovation
Decentralization Technology Innovation
Decentralization Technology Innovation
Decentralization Technology Innovation
Mixed Reality =
Mixed Reality =
Augmented (Reality
Augmented (Reality
+
+ Virtuality
Virtuality)
)
Mixed Reality =
Mixed Reality =
Augmented (Reality
Augmented (Reality
+
+ Virtuality
Virtuality)
)
Physical
Physical Virtuality
Virtuality: [
: [Time (Events)
Time (Events) –
– No
No-
-
Space (Digital Places)
Space (Digital Places) –
– Matter
Matter
(Substances)
(Substances)] or Mirrored
] or Mirrored Virtuality
Virtuality
Physical
Physical Virtuality
Virtuality: [
: [Time (Events)
Time (Events) –
– No
No-
-
Space (Digital Places)
Space (Digital Places) –
– Matter
Matter
(Substances)
(Substances)] or Mirrored
] or Mirrored Virtuality
Virtuality
Mirrored
Mirrored Virtuality
Virtuality
Mirrored
Mirrored Virtuality
Virtuality
Warped Reality:
Warped Reality:
[
[No
No Time
Time
Warped Reality:
Warped Reality:
[
[No
No Time
Time
Alternate Reality:
Alternate Reality:
[
[No
No Time
Time
Alternate Reality:
Alternate Reality:
[
[No
No Time
Time
Internet of
Internet of Metaverse
Metaverse
Metaverse
Metaverse Commerce
Commerce
Metaverse
Metaverse Building Engine Innovation
Building Engine Innovation
Metaverse
Metaverse Building Engine Innovation
Building Engine Innovation
3D Modeling
3D Modeling
3D Modeling
3D Modeling
[
[No
No-
-Time
Time
(Autonomous)
(Autonomous) –
–
Space (Places)
Space (Places) –
–
Matter (Substances)
Matter (Substances)]
]
[
[No
No-
-Time
Time
(Autonomous)
(Autonomous) –
–
Space (Places)
Space (Places) –
–
Matter (Substances)
Matter (Substances)]
]
[
[No
No-
-Time
Time
(Autonomous)
(Autonomous) –
– Space
Space
(Places)
(Places) –
– No
No-
-Matter
Matter
(Dematerialization)
(Dematerialization)]
]
[
[No
No-
-Time
Time
(Autonomous)
(Autonomous) –
– Space
Space
(Places)
(Places) –
– No
No-
-Matter
Matter
(Dematerialization)
(Dematerialization)]
]
GIS
GIS
GIS
GIS
7. Metaverse Industry Applications At A Glance
Fashion
Fashion
Retail
Retail
Consumer
Consumer
Electronics
Electronics
Entertainment/
Entertainment/
Media
Media
Travel
Travel Education
Education
Ralph Lauren virtual
Ralph Lauren virtual
Polo Shop@Roblox
Polo Shop@Roblox
https://www.roblox.co
https://www.roblox.co
m/ralphlauren
m/ralphlauren
Ralph Lauren virtual
Ralph Lauren virtual
Polo Shop@Roblox
Polo Shop@Roblox
https://www.roblox.co
https://www.roblox.co
m/ralphlauren
m/ralphlauren
Streetify virtual
Streetify virtual
shopping mall
shopping mall
https://www.streetify.c
https://www.streetify.c
om/
om/
Streetify virtual
Streetify virtual
shopping mall
shopping mall
https://www.streetify.c
https://www.streetify.c
om/
om/ Samsung 837X Virture
Samsung 837X Virture
Store@Decentraland
Store@Decentraland
Samsung 837X Virture
Samsung 837X Virture
Store@Decentraland
Store@Decentraland
Disney metaverse theme
Disney metaverse theme
Disney metaverse theme
Disney metaverse theme
Faroe Islands virtual tour
Faroe Islands virtual tour
https://www.remote
https://www.remote-
-
tourism.com/
tourism.com/
Faroe Islands virtual tour
Faroe Islands virtual tour
https://www.remote
https://www.remote-
-
tourism.com/
tourism.com/
Seoul National University
Seoul National University
Hospital virtual surgical
Hospital virtual surgical
training
training
Seoul National University
Seoul National University
Hospital virtual surgical
Hospital virtual surgical
training
training
NIKELAND virtual
NIKELAND virtual
showroom @Roblox
showroom @Roblox
NIKELAND virtual
NIKELAND virtual
showroom @Roblox
showroom @Roblox
Target AR shopping
Target AR shopping
https://www target co
https://www target co
Target AR shopping
Target AR shopping
https://www target co
https://www target co
Store@Decentraland
Store@Decentraland
https://www.samsung.
https://www.samsung.
com/us/explore/metave
com/us/explore/metave
rse
rse-
-837x/
837x/
Store@Decentraland
Store@Decentraland
https://www.samsung.
https://www.samsung.
com/us/explore/metave
com/us/explore/metave
rse
rse-
-837x/
837x/
park
park
https://www.thecoinrepubl
https://www.thecoinrepubl
ic.com/2022/01/10/disney
ic.com/2022/01/10/disney-
-
patents
patents-
-new
new-
-technology
technology-
-
a
a-
-step
step-
-closer
closer-
-to
to-
-its
its-
-own
own-
-
theme
theme-
-park
park-
-metaverse/
metaverse/
park
park
https://www.thecoinrepubl
https://www.thecoinrepubl
ic.com/2022/01/10/disney
ic.com/2022/01/10/disney-
-
patents
patents-
-new
new-
-technology
technology-
-
a
a-
-step
step-
-closer
closer-
-to
to-
-its
its-
-own
own-
-
theme
theme-
-park
park-
-metaverse/
metaverse/
Louvre Museum virtual tour
Louvre Museum virtual tour
https://petitegalerie louvre f
https://petitegalerie louvre f
Louvre Museum virtual tour
Louvre Museum virtual tour
https://petitegalerie louvre f
https://petitegalerie louvre f
g
g
http://www.koreabiomed.com
http://www.koreabiomed.com
g
g
http://www.koreabiomed.com
http://www.koreabiomed.com
Healthcare
Healthcare
https://www.roblox.co
https://www.roblox.co
m/nikeland
m/nikeland
https://www.roblox.co
https://www.roblox.co
m/nikeland
m/nikeland
Automotive
Automotive
https://www.target.co
https://www.target.co
m/c/see
m/c/see-
-it
it-
-in
in-
-your
your-
-
space/
space/-
-/N
/N-
-9ciy7
9ciy7
https://www.target.co
https://www.target.co
m/c/see
m/c/see-
-it
it-
-in
in-
-your
your-
-
space/
space/-
-/N
/N-
-9ciy7
9ciy7
Samsung home
Samsung home
appliances
appliances
showroom@ZEPETO
showroom@ZEPETO
https://gpweb.zepeto.i
https://gpweb.zepeto.i
/ / t/373834867
/ / t/373834867
Samsung home
Samsung home
appliances
appliances
showroom@ZEPETO
showroom@ZEPETO
https://gpweb.zepeto.i
https://gpweb.zepeto.i
/ / t/373834867
/ / t/373834867
Warner Music virtual
Warner Music virtual
concert@Sandbox
concert@Sandbox
Warner Music virtual
Warner Music virtual
concert@Sandbox
concert@Sandbox
https://petitegalerie.louvre.f
https://petitegalerie.louvre.f
r/
r/
https://petitegalerie.louvre.f
https://petitegalerie.louvre.f
r/
r/
Real Estate
Real Estate
Health Unchained blockchain
Health Unchained blockchain
based metaverse hospital chain
based metaverse hospital chain
https://healthunchained.org/
https://healthunchained.org/
Health Unchained blockchain
Health Unchained blockchain
based metaverse hospital chain
based metaverse hospital chain
https://healthunchained.org/
https://healthunchained.org/
M f t i
M f t i
Gucci Garden Experience
Gucci Garden Experience
Lands@Roblox
Lands@Roblox
https://blog.roblox.com/202
https://blog.roblox.com/202
1/05/gucci
1/05/gucci-
-garden
garden-
-
experience/
experience/
Gucci Garden Experience
Gucci Garden Experience
Lands@Roblox
Lands@Roblox
https://blog.roblox.com/202
https://blog.roblox.com/202
1/05/gucci
1/05/gucci-
-garden
garden-
-
experience/
experience/
Hyundai Mobility
Hyundai Mobility
Adventure@Roblox
Adventure@Roblox
https://www.roblox.co
https://www.roblox.co
m/games/7280776979/
m/games/7280776979/
Hyundai Mobility
Hyundai Mobility
Adventure@Roblox
Adventure@Roblox
https://www.roblox.co
https://www.roblox.co
m/games/7280776979/
m/games/7280776979/
o/user/post/373834867
o/user/post/373834867
?sc=GRFUMC
?sc=GRFUMC
o/user/post/373834867
o/user/post/373834867
?sc=GRFUMC
?sc=GRFUMC
Banking
Banking
concert@Sandbox
concert@Sandbox
https://indianexpress.com/articl
https://indianexpress.com/articl
e/technology/crypto/warner
e/technology/crypto/warner-
-
music
music-
-group
group-
-to
to-
-launch
launch-
-
concert
concert-
-theme
theme-
-park
park-
-in
in-
-the
the-
-
sandbox
sandbox-
-metaverse
metaverse-
-7746149/
7746149/
concert@Sandbox
concert@Sandbox
https://indianexpress.com/articl
https://indianexpress.com/articl
e/technology/crypto/warner
e/technology/crypto/warner-
-
music
music-
-group
group-
-to
to-
-launch
launch-
-
concert
concert-
-theme
theme-
-park
park-
-in
in-
-the
the-
-
sandbox
sandbox-
-metaverse
metaverse-
-7746149/
7746149/
Sports
Sports
BNP Paribas virtual real
BNP Paribas virtual real
estate service
estate service
https://www.realestate.bn
https://www.realestate.bn
pparibas.com/virtual
pparibas.com/virtual-
-
reality
reality-
-vr
vr-
-and
and-
-augmented
augmented-
-
reality
reality-
-ar
ar-
-real
real-
-estate
estate
BNP Paribas virtual real
BNP Paribas virtual real
estate service
estate service
https://www.realestate.bn
https://www.realestate.bn
pparibas.com/virtual
pparibas.com/virtual-
-
reality
reality-
-vr
vr-
-and
and-
-augmented
augmented-
-
reality
reality-
-ar
ar-
-real
real-
-estate
estate
Manufacturing
Manufacturing
Balenciaga fassion
Balenciaga fassion
show@Fortnite
show@Fortnite
Balenciaga fassion
Balenciaga fassion
show@Fortnite
show@Fortnite
m/games/7280776979/
m/games/7280776979/
Hyundai
Hyundai-
-Mobility
Mobility-
-
Adventure
Adventure
m/games/7280776979/
m/games/7280776979/
Hyundai
Hyundai-
-Mobility
Mobility-
-
Adventure
Adventure
JP Morgan Onyx
JP Morgan Onyx
bank@Decentraland
bank@Decentraland
https://decentraland or
https://decentraland or
JP Morgan Onyx
JP Morgan Onyx
bank@Decentraland
bank@Decentraland
https://decentraland or
https://decentraland or
Sports
Sports
D ll C b AR St di
D ll C b AR St di
D ll C b AR St di
D ll C b AR St di
y
y
y
y
Restaurant
Restaurant
BMW metaverse factory
BMW metaverse factory
https://blogs.nvidia.com/blog/2
https://blogs.nvidia.com/blog/2
021/04/13/nvidia
021/04/13/nvidia-
-bmw
bmw-
-factory
factory-
-
future/
future/
BMW metaverse factory
BMW metaverse factory
https://blogs.nvidia.com/blog/2
https://blogs.nvidia.com/blog/2
021/04/13/nvidia
021/04/13/nvidia-
-bmw
bmw-
-factory
factory-
-
future/
future/
Metaverse NFT Projects AT
Metaverse NFT Projects AT
A Glance:
A Glance:
Metaverse NFT Projects AT
Metaverse NFT Projects AT
A Glance:
A Glance:
show@Fortnite
show@Fortnite
https://www.epicgames.com
https://www.epicgames.com
/fortnite/en
/fortnite/en-
-US/news/high
US/news/high-
-
digital
digital-
-fashion
fashion-
-drops
drops-
-into
into-
-
fortnite
fortnite-
-with
with-
-balenciaga
balenciaga
show@Fortnite
show@Fortnite
https://www.epicgames.com
https://www.epicgames.com
/fortnite/en
/fortnite/en-
-US/news/high
US/news/high-
-
digital
digital-
-fashion
fashion-
-drops
drops-
-into
into-
-
fortnite
fortnite-
-with
with-
-balenciaga
balenciaga
Acur virtual showroom
Acur virtual showroom
https://acuraverse.com
https://acuraverse.com
/
/
Acur virtual showroom
Acur virtual showroom
https://acuraverse.com
https://acuraverse.com
/
/
https://decentraland.or
https://decentraland.or
g/
g/
https://decentraland.or
https://decentraland.or
g/
g/
Dallas Cowboys AR Stadium
Dallas Cowboys AR Stadium
https://nexusstudios.com/insi
https://nexusstudios.com/insi
ght/seeing
ght/seeing-
-lens
lens-
-enhanced
enhanced-
-
locations/
locations/
Dallas Cowboys AR Stadium
Dallas Cowboys AR Stadium
https://nexusstudios.com/insi
https://nexusstudios.com/insi
ght/seeing
ght/seeing-
-lens
lens-
-enhanced
enhanced-
-
locations/
locations/
Chipotle virtual
Chipotle virtual
restaurant@Roblox
restaurant@Roblox
https://www.roblox.com/g
https://www.roblox.com/g
ames/7603178367/Chipotl
ames/7603178367/Chipotl
e
e-
-Boorito
Boorito-
-Maze
Maze
Chipotle virtual
Chipotle virtual
restaurant@Roblox
restaurant@Roblox
https://www.roblox.com/g
https://www.roblox.com/g
ames/7603178367/Chipotl
ames/7603178367/Chipotl
e
e-
-Boorito
Boorito-
-Maze
Maze
A Glance:
A Glance:
https://www.slideshare.net/
https://www.slideshare.net/
alexglee/metaverse
alexglee/metaverse-
-nft
nft-
-
projects
projects-
-at
at-
-a
a-
-glance
glance
A Glance:
A Glance:
https://www.slideshare.net/
https://www.slideshare.net/
alexglee/metaverse
alexglee/metaverse-
-nft
nft-
-
projects
projects-
-at
at-
-a
a-
-glance
glance
8. NFT Functions and Legal Status
An NFT represents digitally numerous functions, rights and obligations of an asset
(digital or physical) with an unique economic value (non‐fungible tokenized value)
(digital or physical) with an unique economic value (non‐fungible tokenized value).
Because each NFT is unique and contains its own value, it cannot be traded or
exchanged equivalently. NFTs can provide authenticity, verification, and exclusivity.
In general, the rights that accompany an NFT are determined by the NFT creator who
owns property or IP rights of the underlying asset. Usually, the that accompany an NFT
rights include ownership of NFT: Ownership of NFT does not translate into ownership
the underlying IP rights automatically. NFT holders can acquire a license of these
underlying IP rights.
For an NFT of a real property, transfer of the NFT can be used as a proof of ownership
transfer of the real property: Legally, whoever is named in the NFT and has possession
of it, owns the property by some contractual agreements.
An NFT could be considered a "commodity" (for representing a commodity) or
"securities“ (fractional NFT where an investor would share a partial interest in an NFT
with others: an "investment contract" under the Howey Test) under the federal laws
with others: an investment contract under the Howey Test) under the federal laws.
14. Part I Blockchain DeFi New Ecosystem
Data Tokenomics: Filecoin/Ocean Protocol/SingularityDAO
DeFi for Off-chain Assets: OpenDAO
DeFi Design & Development Reference
Video Link: https://www.youtube.com/watch?v=9n2Bn8es3Io
Part II Blockchain DeFi Liquidity Pool & Mining
Bonding Curves for Liquidity Pools/Automated Market Makers/NFT
Constant Function Market Makers
Automatic Asset Allocation and Aggregation for Yield Farming
Automatic Asset Allocation and Aggregation for Yield Farming
Video Link: https://www.youtube.com/watch?v=RmcHU5M_YMg
Part III Blockchain DeFi Token
Crypto-Collateralized Stablecoins
Token Engineering/Monetary Policy: Pool token supply & distribution & pricing & incentive
G T k
Governance Tokens
Part IV Blockchain System
Blockchain interoperability/scalability/privacy/security
Layer 1 (Ethereum/Cosmos/Polkadot) & 2 (Plasma/ZK rollups) Systems/Gas Fee Reduction
Money Legos/Composability
o ey egos/Co posab ty
Patent Development
Video Link: https://www.youtube.com/watch?v=osvvEktjyBE
Part V Risk Management
Technical Risks: smart code vulnerability/front-running attack
Financial Risks: collateral risk/exploitation of flash loans/impermanent loss
Financial Risks: collateral risk/exploitation of flash loans/impermanent loss
Legal/Regulatory Risks: SEC/FinCEN/FATF/GDPR
Part VI AI Applications
AI for Blockchain System
AI & Blockchain for Finance
AI for DeFi Asset Management: yield farming optimization/AI advisor
AI for DeFi Trading: algorithmic trading/arbitration bots
Video Link: https://www.youtube.com/watch?v=0pK96t6fYWs
15. NFT + DeFi Convergence
A NFT holder can stake his NFT as collateral value in a DeFi money market for
b i t i t it ll t l l
borrowing cryptocurrency against its collateral value.
NFTX (https://nftx.io/) is a platform for creating liquid markets for illiquid NFTs. Users
deposit their NFT into an NFTX vault and mint a fungible ERC20 token (vToken) that
deposit their NFT into an NFTX vault and mint a fungible ERC20 token (vToken) that
represents a claim on 1:1 a random asset from within the vault. vTokens can also be
used to redeem a specific NFT from a vault.
A real asset holder can tokenize his asset (e.g., LuxFi launches the asset‐backed NFT
marketplace for luxury goods) as a NFT (ERC721/ ERC1155 tokens).
The NFT holder can put it into a specific bonding curve (smart contract) & anyone
can buy the shares in the ownership rights (fractional ownership) by sending collateral
and receiving a fungible (ERC20) bonded token. The price can be set by pre‐selecting a
bonding curve that makes sense for the NFT/underlining asset.
Source: https://medium.com/@SeanLippel/decentralized-finance-is-a-continuum-179d43c6ef65
16. Metaverse Economic System Architecture: MetaFi+NFT+CBDC
Metaverse = Physical + Virtual Converged Augmented World
Metaverse = Physical + Virtual Converged Augmented World
Virtual Bank
Virtual Bank
Realization?
Buyer Avatar with DID
Buyer Avatar with DID
NFT
NFT
CBDC?
Virtual Show Room
Virtual Show Room
Digital Twin
Digital Twin
Factory
Factory
Digital Twin Car
Digital Twin Car
Digital Twin Car
Digital Twin Car
NFT
NFT
Seller Avatar with DID
Seller Avatar with DID
NFT
NFT
Customized Options
Customized Options
17. Metaverse Economic System Components
Economic entity: personal/legal entity
-Avata with DID (Self-Sovereign Identity) for metaverse economic activity
ata t (Se So e e g de t ty) o eta e se eco o c act ty
Medium of exchange and a store of value: money (fiat currencies) issued by
national governments & payment system
-Metaverse central bank digital currency (CBDC) v. universal cryptocurrency
Banks and financial institutions
b k d f l f
‐Metaverse banks and financial institutions for DeFi operation
Assets (real estate, valuables) & goods
Metaverse values/rights represented by NFTs
‐Metaverse values/rights represented by NFTs
‐Metaverse presence represented by digital twins
Commerce system: market places; exchange/delivery for real assets/goods; exchange
Commerce system: market places; exchange/delivery for real assets/goods; exchange
for fiat currencies
-Boson protocol for decentralizing commerce (https://www.bosonprotocol.io/):
Boson automates digital to physical redemptions by tokenizing commitments to
g p y p y g
trade real world Things as NFTs. It enables smart contracts to connect to real world
commerce using decentralized commerce infrastructure in virtual world.
18. Reference: DID (Self-Sovereign Identity)
publicKey
Verifiable
Credential
Verifiable
Presentation
DID AUTH
DID Document: DID/publicKey
DID Document: DID/publicKey
Source: https://www.w3.org/TR/did-core/
19. NFT + DeFi Integration for Metaverse Commerce Applications
https://developmentnavigator.com/nft-defi-integration-for-metaverse-
commerce-applications/
commerce applications/
Web3 + Spatial Computing Integration for Metaverse
htt //d l t i t / b3 ti l ti i t ti f
https://developmentnavigator.com/web3-spatial-computing-integration-for-
metaverse/