In this article, I provide a description of the value chain of this market, from the experiences that people seek out to the enabling technologies tha

The Metaverse Value-Chain

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2021-06-21 20:00:10

In this article, I provide a description of the value chain of this market, from the experiences that people seek out to the enabling technologies that make it possible. More importantly, I also provide a prescription — a vision for a future metaverse that is powered by creators and built upon decentralization. Investments and decisions made now will determine whether this is the future that manifests: one that offers the greatest variety of experience, powered by creators who earn a living at it — or one defined by the next wave of gatekeepers and rent-takers.

I’m excited that we’re well on the way to the former, which is the more egalitarian market — and I’m hopeful it will continue. Please join me as we explore the seven layers of the metaverse:

Many people think of the metaverse as 3D space that will surround us. But the metaverse is not 3D or 2D, or even necessarily graphical; it is about the inexorable dematerialization of physical space, distance, and objects. It includes 3D games like Fortnite on our game consoles, Beat Saber in our virtual reality headsets, and Roblox on our computers. It also includes Alexa in our kitchen, Zoom in our virtual offices, Clubhouse on our phones, and Peloton in our home gyms.

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