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What is the Metaverse? How the Metaverse Will be a $Trillion Industry? | Decentraland is Doing it Right



Published on
November 1, 2022
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Show Notes:


  1. First up, we react to Meta’s Tech Reveal and what they have in store for the Metaverse
  2. Next, we look at how the metaverse will change the way we socialize and do work
  3. Then, we examine Decentralands method to progress the Metaverse to the mainstream
  4. Finally, shouting out our metaverse of the week, Hyperfy.

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Music by OfDream - Thelema

Everyone asks what is the metaverse and especially after Facebook’s Meta unveiled tons of technology for the metaverses future, people need to know what it is. We break down what we think the true definition and expectations of the metaverse should be. What needs to happen for this vision of the metaverse to become reality. Are the existing open web3 metaverses building their virtual worlds the right way? Or is there a fundamental misunderstanding of how to create the value mechanics that will lead to a multi-trillion dollar metaverse economy. To end it off, we introduced Hyperfy as the spotlight Verse of the week. The team building Hyperfy are implementing a lot of useful features like “apps” that allow asset creators to incorporate customizable code for the owners to manipulate. How big can Hyperfy get? We discuss this and more…