Virtual Economies in the Metaverse

CoinMarketCap published this video item, entitled “Virtual Economies in the Metaverse” – below is their description.

Virtual Economies in the Metaverse

Moderator: Orian Tal, MarketAcross

Panelist: Sebastien Borget, COO & Co-Founder of The Sandbox

Panelist: Quantum Wilder, CMO at Wilder World

Panelist: Kieren Warwick, Co-Founder at Illuvium

The metaverse was the buzzword of the past few months, but it’s no longer quite a buzzword anymore — things are actually being built in the metaverse, projects have launched, and economies are being built and running in these meta worlds. But how exactly can you make the most of participation in a metaverse economy? Some of the top metaverse studios and projects will discuss how they see the role of virtual economies in the metaverse shaking out, and what they hope to grow in the rest of 2022.

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In This Story: metaverse

A metaverse is a network of 3D virtual worlds focused on social connection.

In futurism and science fiction, the term is often described as a hypothetical iteration of the Internet as a single, universal virtual world that is facilitated by the use of virtual and augmented reality headsets.

The metaverse is something which many in the early 2020s are actively engaged in developing: an entirely online, virtual and alternative reality, in which people will be able to conduct many forms of business and social interaction – virtually.

The movement towards a metaverse gathered significant pace and attention when Facebook’s parent company rebranded itself to “meta” in 2021.

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