Metaverse

Updated: December 11, 2024

In early 2021, news emerged from the Philippines that 22-year-old Aaron Ramos, an Axie Infinity player, bought two houses with his earnings from the game. Such is the popularity of the Non-Fungible Token (NFT) game that the country’s finance ministry is now mulling taxing players for incomes earned by playing such games.

What does it take to run a metaverse?
To live up to its hype, the metaverse may require businesses to reorganize computation, connectivity, and software. This could help everyone.

The metaverse is quickly shaping into an essential element of business. Read on for an in-depth look at seven key considerations for any business searching for success in the metaverse: positioning, talent, customer experience design, organizational agility, ecosystem building, regulatory compliance, and monetization.

Looking past the hype and critique, Web3 and the metaverse are shaping a new application layer for the internet. How can leaders better understand this evolution and what it means for businesses, organizations, and society?

Web 3.0 is the next generation and introduces a new phase of the World Wide Web. Sounds exciting? Let’s deep dive into it and understand what it is.

In this blog, we will learn about the fundamentals of the Web, understand the evolution of the Web over time, and "deep dive" into the core principles and vision that drive Web 3.0. We will also generate further understanding of this evolution with the help of an example.

Business leaders can re-architect around the metaverse and design a sustainable work experience to help humans and the environment prosper.
In brief:
At the metaverse’s development stage, there’s an opportunity to build it on a social justice foundation, including accessibility, inclusiveness and equality.
Business leaders must be more than spectators: they must actively engage to help the metaverse develop in a sustainable way.
A call-to-action is needed to rally leaders and organizations to work together to shape the future of work in the metaverse to serve humanity.
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