Metaverse is a combination of substance and the virtual world. It includes multiple technologies like virtual reality, augmented reality and video to comply. Interaction and events inside Metaverse is happening simultaneously and affecting each others with permanency. We envision Metaverse has its own digitalised assets and economy. Users live within are responsible and liable for their action.
Variety of items which is practically usable or identifying one’s uniqueness would exist in a capitalised virtual world. An enormous demand from upstream to downstream market could be anticipated of digital creation with originality. Prevailing of the NFT or similar technology would reduce the reproducibility of digital assets, which distinct from the ordinary and arise rare value because of its uniqueness.
DIGITAL DISRUPTION
While the Metaverse is shaping itself, before the actual formation, enterprises and investors are confronting an issue of digital disruption.
Digital disruption is not only affecting fragment of the economy but across various of industries nowadays and influencing their future planning. The wave of disruption and rich capital from the market has led the traditionally advantageous business confront a crisis scenario of invasion. Regular customers are being detached easily by better user experience and conveniency from latecomers’ new model and technology. Disruptive latecomers establish a frequent connection with users and sublimate their relationship which distinguish from the old service chain. Apart from affecting the value proposition of the existing market, latecomers often provide cross-industry value to their customers due to technology advantages. How could the enterprises response? Or how could we be prepared for the threat of storm?
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