not an 80% drop, not investor concern, nothing will stop the metaverse revolution

Not the over 80% drop like metaverse tokens like Decentraland (MANA) and The Sandox (SAND) in 2022 and the disbelief of many buyers about it. the way forward for the metaverse will stop its revolution and transformationbetting companions Byron Mendes and Stephen Dowellsberg, co-founders of MetaMundi.

During Rio Innovation Week in November, MetaMundi promoted the MetaMundi Experience space, the place it got here collectively fantastically trade names to debate the integration of artwork, advertising and structure with the metaverse.

“At Rio Innovation Week, the public can get a bit extra perception into what’s but to return and the way this new actuality will have an effect on us in all areas of our lives. We are nonetheless in our infancy in Metaverse and the solely certainty now we have is that we’re on the proper monitor, the future is in Metaverse,” Mendes said.

And the entrepreneur does not exaggerate when making a press release. Accordingly This market is anticipated to achieve $800 billion by 2024, based on Bloomberg Intelligence. is pushed primarily by the video games and occasions held on this new layer of actuality.

More optimistically, Grayscale’s supervisor is betting that metaversion has the potential to generate $1 trillion in annual income. A current Gartner examine defines metaversion as the subsequent stage of interplay between the digital and bodily worlds.

Transition from Web2 to Web3

According to enterprise folks, society is in transition from Web 2.0, a motion that started in the 2000s the place individuals are not simply spectators and begin interacting with content material manufacturing, to Web 3.0, an idea that’s nonetheless below development however which ensures the decentralization of all techniques by means of the Internet.

They state that this blockchain-based motion is sufficient to change all relationships, whether or not social, enterprise or monetary. In addition, immersion on this universe will allow the expertise of life by means of 3D avatars for work or leisure.

On the different hand, Facebook founder and CEO Mark Zuckerberg has already introduced that the metaverse will be able to earn a living solely at the finish of this decade. However, Mendes does not agree with Zuckerberg’s opinion.

“By the time Facebook introduced they have been shifting into the metaverse and adjusted the firm’s identify to Meta, different platforms have been already elevating tens of millions of {dollars}. The drawback there was that Zuckerberg could not ship on what he promised due to exterior points that in the end weren’t factored into the firm’s planning,” Mendes assessed.

For Steffen Dowellsberg, metaversion is a complete blue ocean to discover over the subsequent few years.

“I proceed to assume that this wave will proceed. There are many gamers who’ve not but been affected, who’re nonetheless afraid due to the lack of awareness, however the curiosity of firms who need to perceive extra about the matter and who’re searching for the first expertise in the metaverse continues to develop.” , emphasised the government.


Dauelsberg appreciates that these first two years of pioneering served to deliver collectively some nice success tales. He additionally divides firms into two classes: those that have skilled the metaversion and are getting carried away to remain aggressive, and people who have but to return resulting from curiosity.

“Newspapers and cleaning soap operas are already speaking about the metaverse, and that helps loads to unfold the phrase, however it’s important to have an preliminary factor inside the firms that drops the penny. These inner parts and elements are more and more searching for info, particular occasions and information. 2023 will be blue sky,” he bets.

However, in an effort to understand this full potential, some essential issues will nonetheless must be overcome, says Byron Mendes. These embody web latency, which continues to be a serious limitation in customers’ lives, and the outrageous price of servers. For Mendes, these are particular issues that will be solved in the coming years.

“5G is rolling out constantly and that will assist loads. Lots of institutional cash is being allotted to new initiatives that will deliver options and improve the use of the metaverse, not to say the evolution of consumer habits on this area, the understanding and positioning of firms at this second and what they will provide. for the public, as a result of it is not at all times attainable to duplicate the actual world in metaversion, so it’s a necessity to create one other stage of connection and love with customers,” says Mendes.

For the government, earlier than eager about gross sales, firms ought to take into consideration constructing communities, connecting the public to their model differently with related content material and distinctive experiences.

Labor scarcity is one in all the limitations to market

The large problem for MetaMundi in 2023 will be to search out professionals able to working on this market with the required stage of data. In the face of a scarcity of expert labor, MetaMundi and different firms are investing in vocational coaching initiatives.

“There is an essential disaster on this space, and it is senseless to need to remedy it in time, it’s essential to create a manufacturing line, and this suggests agreements with universities and firms,” concludes Steffen Dauelsberg.

Since the starting of this 12 months, the company has been searching for companions in the training sector to construct content material and occasions that allow creating an area of alternative for many who need to be taught extra about the dynamics of the metaverse. appropriate space.

“Building a brand new market additionally goes alongside this line of teaching the public and firms,” Steffen asserts.

And he concludes: “Metaverse is right here to remain and will change all the methods we work together, whether or not it is opening up areas for individuals who wrestle with social interactions, or facilitating and offering higher safety in monetary transactions, enabling new experiences and experiences. The sky’s the restrict.”


Disclaimer: that is not an funding provide and the opinions and data contained on this textual content do not essentially mirror the positions of Cointelegraph Brasil. Every funding needs to be accompanied by analysis and the investor needs to be knowledgeable earlier than making a call.

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