Major corporations have already launched in the Metaverse, but is there room for everyone? For small businesses looking to make the leap, the benefits outweigh the risks.
Talking to Cointelegraph about the disruptive potential of Metaverse, Naveen Singh, co-founder and CEO of decentralized data management network Inery, said:“It is no longer a question that the Metaverse would be a major disruption for the digital economy. The real focus now is for which industries the Metaverse would be the most significant. As a gateway for a new digital economy, the Metaverse opens new possibilities for several domains.
However, the current Metaverse gaming space is dominated by large firms. The research and development for a Metaverse game are generally out of budget for small businesses. Nikita Sachdev, the founder and CEO of Luna PR, thinks that along with gaming, real estate is another sector that could potentially be an earlier adopter of the Metaverse. Sachdev told Cointelegraph:
The global real estate market is estimated to be valued at over $3 trillion, and any potential dent in this space can have immense economic and sociological implications. Wahid Chammas, the co-founder of Faith Tribe — an open-source design platform — believes that since the Metaverse and fashion are ultimately about identity, they are bound to complement each other. Speaking to Cointelegraph, he said:
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How the Metaverse is Changing the Way We Interact with Brands | HackerNoonThe metaverse is fueling a new generation of immersive communities, brand collaborations, monetization structures, and virtual influencers for marketers.
Read more »
Rand Paul: Democrats' proposed tax hike would hit 8.3M small businessesRand Paul is out with a new report showing that a key tax hike being championed by Democrats would impact more than 8.3 million small businesses in America.
Read more »
Small business grants overshadow loan program in COVID-19 responseIn response to the pandemic, California launched a grant program and then a loan program, both for small businesses, within about a week.
Read more »
Republicans introduce bill forcing Biden admin to stop cramming 'woke agenda' upon community banksA group of House Republicans introduced legislation Wednesday that they said would fight back against President Biden's latest attempts to push his 'woke agenda' upon small businesses.
Read more »
Famous Marketing Professor Calls Facebook's Metaverse a 'Flaming Bag of S**t'Renowned public speaker and NYU marketing professor Scott Galloway called Meta and Mark Zuckerberg a flaming bag of sh*t after stocks dropped drastically.
Read more »
The dark side of the metaverse and how to fight it | Cointelegraph interviewRight before visiting the oldest bar in Dublin, Tomer Poran from Activefence and David Taylor from Next Earth shared some tips on trust and safety in Web3 with Cointelegraph’s editor-in-chief KristinaLCorner.
Read more »