The Metaverse: And How It Will Revolutionize Everything

by Matthew Ball

These would-be Metaverses have not been centered on subjugation or profiteering, but on collaboration, creativity, and self-expression.

BULLSHIT. It is all monetized.

“This Metaverse is going to be far more pervasive and powerful than anything else. If one central company gains control of this, they will become more powerful than any government and be a God on Earth.”§11 It is easy to find such a statement hyperbolic. The provenance of the internet, however, suggests that it may not be.

In addition to the devices we hold, wear, and maybe even implant as part of our transition to the Metaverse, there are the devices that will proliferate throughout the world around us.

In total, blockchain-based games and gaming platforms received more than $4 billion9 in venture investment (total VC funding for blockchain companies and projects was roughly $30 billion; some speculate another $100 billion–$200 billion more has already been raised or earmarked by venture funds).10

Although corporate executives can’t yet agree on exactly what the Metaverse is and when it will arrive, most believe it will be worth multiple trillions of dollars. Nvidia’s Jensen Huang predicts the value of the Metaverse will eventually “exceed that” of the physical world.