Demystifying the business imperatives of the Metaverse -Breaking
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The Metaverse’s business imperatives: How to decode themIn an earlier article I talked about The evolution of Web3 economiesit’s current volatility and the participation nature of Web3, which provides the basis technology for the creator economy.
The term “metaverse” — meta and universe — often describes the anticipated future iteration or evolution of the internet powered by Web3 technologies like blockchain and decentralized resource distribution and consumption principles. Although the focus has often been on metaverse modalities such as augmented reality (AR), virtual reality (VR), gaming, Second Life, avatars and so forth, in my view, these modalities represent an interesting evolution or shift from the digital transformation of recent decades to the “transformation of digital.” That is exactly what the Metaverse aims to achieve. Although it might appear abstracted and complicated today, if you look at the Metaverse’s components, you can see a glimpse into a digital future.
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