The Future of Ownership in the Virtual Realm

🌐 The metaverse is still active and growing, providing employment and economic opportunities to millions of people.

💰 Last year, the metaverse generated over $30 billion of economic activity and had treasuries amounting to $12 billion.

🔍 The current metaverse is different from the 3D virtual-reality immersive space that people usually envision.

💡 The open metaverse, powered by web3 and blockchain, allows communities to control billions of dollars without any central authority.

💡 Decentralized finance (DeFi) is an integral part of the open metaverse, and it is powered by blockchain technology.

💡 The open metaverse can be accessed through 2D screens and offers a virtual universe with economic societies and millions of digital citizens, but people lack ownership and rights in this virtual reality.

💡 Data is the most valuable resource and powers AI.

💼 Industries desire our data, but we're not fairly compensated.

🔗 Web3 and blockchain offer true digital ownership.

💰 Ownership provides economic freedoms and network effects.

🏠 Ownership is tied to self-expression and identity.

📱 Digital ownership in the metaverse is driven by community and cultural value, rather than utility.

💼 The value of items like luxury bags and NFTs comes from their desirability and the community that surrounds them.

💰 Virtual goods in the gaming industry generate billions of dollars in sales, with cosmetic items being the most popular.

💡 NFTs allow us to own virtual goods in video games and the metaverse, shifting towards stakeholder capitalism.

💡 Owning assets in web3 represents a stake in the network and generates value for participants.

💡 Tokenization protects digital intellectual property rights and enables the construction of new economies in the open metaverse.

💡 Blockchain can solve the provenance of our digital property and protect our rights.

💰 In the web3 future, we can earn and own equity on these networks and receive income from the data we generate.

🏦 Property rights are essential for prosperity, with countries that have strong property rights enjoying high GDPs and entrepreneurial activities.

🌐 The digital context is seeing a rise in NFTs, with over $24 billion in sales generated last year.

💰 NFT creators and owners are earning a larger share of revenue compared to creators on Web2 platforms.

🔗 Digital property rights are essential for ensuring digital freedom and preventing dependency on platforms or future AIs.