How businesses try to make money in the Metaverse | Business Beyond

The Metaverse is on its way and with it a whole new online economy. The new virtual worlds of the “walk-in internet’ will see people making money in ways that were never possible before. In this edition of DW Business Beyond we explore all the ways that businesses will profit from the metaverse: be it through building virtual realities, making the hardware, or selling virtual assets like clothing and real estate. See how cutting-edge avatars are made, learn more about China’s own version of the metaverse, and find out how long it’s all going to take to happen.
Chapters
00:00 Introduction
01:22 What is the Metaverse?
04:15 Metaverse products & digital assets
05:20 Avatars 1 - how they’re made
07:15 Metaverse real estate
08:20 NFTs & blockchain
09:20 Interoperability
10:10 Services in the Metaverse
11:29 Avatars 2 - how businesses can use them
13:29 Meta’s metaverse drive
15:04 Metaverse hardware
15:53 ‘Chinaverse’ - China’s metaverse
18:53 When will it happen?
20:35 Goodbye
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#Meta #economy #Metaverse

[@fredrikolsson2482]

This sounds like a paid commercial, not news.

[@survive7771]

this is roblox ripoff with nft & crypto

[@cancerino666]

The metaverse ain't coming nor changing the world. Metaverses have existed online for decades.

[@cancerino666]

DW, do better. Don't go talk to Facebook people or crypto bros. Talk to actual academic experts. Goddamit, talking to random gamers would be better.

[@fj103]

Couldn't agree more

[@wanderin6724]

There are no "Metaverses", that's not a thing.

[@spol]

Thank you so much cancerino for your deep insight

[@hammamboutafant3659]

They just made it 3D and allowed more people to be scamed of they hard earned money

[@kaleemullah247]

Fact: All of the things you can do in metavarse can actually be done in reality.

[@lochnessamonster1912]

Giving whole new meaning to the term “fictitious capital.”

[@adobedoug2564]

Wow. DW doing pr for zuck.

[@alexturlais8558]

Why on earth would we create a digital world and then invent a way of having scarcity? The great thing about the Internet is that things can be infinitely replicated for everyone.

[@skycloud4802]

I really wish I could illegally download a car and house in real life

[@nealbeard1]

LOL

[@95keat]

This looks genuinely awful they couldn't even get it showing at a good frame rate

[@TheBlackB0X]

They're all old boomers who never use computers other than to type out MS Word and Excel, they haven't the slightest idea what anything advanced looks like, it's hey probably had to ask their kids and grandkids for help.

[@sukhpreetsinghmankoo]

I think ZUCK paid DW for this.

[@dreamcatcherpone]

Good evening, fellas I wish Meta a very Lose billions of money

[@nealbeard1]

trillions

[@95keat]

5:00 if you're wondering if the metaverse is a scam or not those sneakers cost over nine grand.

[@zarathustra8789]

And a metallic pigeon costs 41.000$, as you can see at 5:13. A farce, it's what this all is.

[@rich2583]

Just because some bonehead is charging that much, doesn't mean it will sell.

[@joekeanetv]

Too many bots in the comments section, you know an investment is actually worth something when you see things going in and out of a physical business and are sold in actual stores to actual people, this is pure speculative investment for people who don't know what a bubble is.

[@wadernater63]

I've never seen a less critical puff peice in my life. I didnt know DW did infomercials

[@WeeWeeJumbo]

money talks

[@nealbeard1]

Can't wait. This is like Tron

[@keithramaphele4278]

You can't make money in the metaverse because the metaverse doesn't exist yet.

[@nealbeard1]

it never will exist

[@StoicWisdomforModernTimes]

Don't worry about being famous or making money; the most important thing is being the best. You have to become a master of your craft, and everything else will come.

[@JustYourAverageToes]

A 41000 dollar digital pigeon... is this some kind of late april fools joke?

[@RandallSlick]

We've screwed up the real world with our human venality and greed. Let's invent a virtual one so we can rinse and repeat. What could possibly go wrong? To Mars and beyond!

[@MrTheguywiththemoney]

They called the real world 2d...🤣

[@gabrielmartinez2455]

The Metaverse is a glorified computer game

[@georgemiller151]

The meta verse sounds as nonsensical as cryptocurrency.

[@soonamistudios3290]

Second Life has been doing this for years, the name may have changed (The Metaverse) but Second Life is the grandfather of it all!!!

[@Jax-go9es]

preach!

[@WeeWeeJumbo]

i'm proud of you other commenters. your hateful attitude toward this humiliating pile of sweaty venture capital dreams is the correctly hateful attitude

[@WeeWeeJumbo]

what if i told you that this is an empty gimmick that will go nowhere

[@RyanJFaulk]

This is the stupidest thing I've ever heard.

[@barryobrien1890]

This will end badly with a lot of people losing money. It really pointless. Like nft and crypto, nobody has come up with a real use for any of it, and it looks really bad.

[@bingobangini]

Buzzwords... It's a social "game" in VR like "VR Chat" is it not?. Why make it sound like a new invention, it's just a VR game lmao.

[@rich2583]

Lol imagine thinking people will pay for digital real estate in a game that won't last forever 🤣🤣🤣

[@thepeff]

The Metaverse makes a lot of sense to rich people who are savvy enough to know we won't buy a $1000 phone every year anymore but dumb enough to think that people are willing to spend that kind of money on an avatar.

[@on2thenextthing]

Facebook stock plummeting. Best news of the year.

[@paulheydarian1281]

It's called *Meta* *Money*

[@afrochristian_world2663]

People with small DKK can buy big one in meta. 😆

[@nealbeard1]

a mechanically enhanced one with AI capabilities

[@mochalo4912]

eeh this is like a vr game

[@lchjr]

Anybody remember “Second Life”? New coat of paint... Google the results.

[@harisghauri7683]

You can not eat , drink,sleep, bath, wash, breath or other fundamental things. Of course there is money in it, but whats the point of running away from reality into something that is not real.

[@Zurround]

This is like watching a play in victorian era England compared to the holodeck on Star Trek Next. Gen.

[@JasmineTea127]

What is this boomer hype? It’s a fundamental misunderstanding of the online sphere.

[@ShamesTik]

MetaScam

[@trapiconti4001]

Lots of buzz words, lots of looking away with no details…

[@chialor1945]

This is like robotics.... The world just isn't ready for the change. Do something dumb and quick... Like tiktok. You'll make more money lol.

[@TugaThings]

This feels sponsored... I mean virtual realities already existed nothing here is new

[@HolloMatlala1]

7:10....Google Earth VR + IP Address GeoLocation= GTA:Hollywood (4.7GB)-Offline-[18SNVL] 🔞 vs RoBlox:Beijing/Skynet (220MB)-Online-[FAM-Multiplayer]....

[@hectorcruz3337]

The Matrix has arrived!

[@Zurround]

I feel like this is the real life version of the movie READY PLAYER ONE.

[@amsterdamandco]

Like its cool. But you really really don't have to.... its really not something we need, or really want. Its a gimmick for the public. Use it for industries.

[@forecheckbackcheckpaycheck]

Hard Pass.

[@ulutiu]

Such a shameless ad of what it looks like crappy mmo with bad graphics and aggressive monetization 😅

[@fourthright]

Club penguin copy

[@kewandr]

Many thinks Stock/Crypto investment is only profitable when the market price is going up but from my knowledge and experience I can boldly say to you that investing in Stocks/Crypto market is profitable both in bulls and in bears all you need is the right information.

[@noon6-._]

What actually the idea behind this Stocks/Crypto investment,I have been watching some videos and I was thinking about investing in bitcoin, but still don't know where to start from.

[@mrtom994]

@@noon6-._ Stocks/Crypto investment can be profitable and lucrative when it is approached as a business, but achieving a level of success is extremely difficult and can take a long time. It's a good idea to find an expert of this form of investment prior to getting started with. As you can see, the market is open and operates 24 hours a day and almost seven days a week.

[@mrtom994]

@@noon6-._ As a beginner I'll advise you trade under the guidance of an experienced Financial Consultant like *Ann McGrath Elliott* so as to reduce chance of lose till you get a working strategy for yourself. She is very reliable I must say and she's quite with her operations. Her trades are sure and give realistic profit and she manages all risks effectively.

[@Ward001-1]

Yes working with *Ann McGrath* is the best in this space, I'm happy to come across these recommendations. I am working with her also and impressed with the thoroughness and professionalism of the investment diligence packages she provides.

[@Noa55_]

Where can I find her for financial assistant. What does it cost to start up with her.

[@Zurround]

I wonder if there will be PORNOGRAPHY on the metaverse? I had to ask. Most forms of technology like television, photography, movies, regular internet (as opposed to metaverse) end up being used for pornography.

[@trischboehm1161]

My life changed since I started with $3000 and now I make $16,450 every 11 days 🇦🇷

[@pamelafrazier5995]

Am new to this investment, how can I invest?

[@mateo-do4bx]

Am new to this investment, how can I invest?

[@paullinchester1705]

I have heard a lot about investing with ms Vickie Kimmons and how good she is, please how safe is the profits.

[@virgilbriggs2229]

I've also been trading with her, the profits are secured and over 100% return on investment directly sent to your wallet.

[@michealislak2934]

how can i reach out to her

[@LetsGo-wl5zo]

MetaHype, aka SecondLife 1.1. It is still to early. Mark Zuckerberg wealth before MetaHype $140B - Current $55B

[@sukhpreetsinghmankoo]

I think ZUCK paid DW for this.