NFT

Mar
21
2022
By Ellen Britt
Meet Me In The Metaverse – Accenture Predicts A Whole New World For Retail Businesses

Meet Me In The Metaverse – Accenture Predicts A Whole New World For Retail Businesses

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Ellen Britt for CNT #NFT A new report from Accenture on the metaverse is predicting that with the rise of the metaverse, retail businesses will have to make some quick pivots to stay relevant with their customer base. Accenture’s new report, titled Meet Me in the Metaverse: The Continuum of Technology and Experience Reshaping Business, underscores how retailers are going to have to make a shift…and fast! Companies That Take Fast Action Will Win Retail businesses need to begin to plan for a virtual space that overlaps with their physical location, or risk being left behind. The authors of the report…
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Mar
20
2022
By Ellen Britt
Virtual Luxury Comes To The Metaverse

Virtual Luxury Comes To The Metaverse

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Ellen Britt for CNT #NFT The world of luxury goods is on full display in the metaverse, with such high end brands as Gucci Dolce & Gabbana, Balenciaga and Louis Vuitton already staking out their claims. But the most common luxury good in the metaverse is not a designer handbag but is a luxury home.  Real-World Meets The Metaverse We’ve already brought you news of a collaboration between ONE Sotheby’s International Realty, known for its luxury real estate offerings, and Voxel Architects, who is constructing a digital twin of an 11,000 square foot, seven-bedroom, nine-bathroom mansion in one of Miami’s most coveted and affluent…
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Mar
19
2022
By Ellen Britt
Digital Twins For Businesses Big and Small Are On The Horizon

Digital Twins For Businesses Big and Small Are On The Horizon

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Ellen Britt for CNT #NFT Just like people can have a digital twin in the metaverse in the form of an avatar, businesses can also have digital twins of their physical spaces.  Technavio, a research firm in the tech space, anticipates the digital twin marketplace to grow to nearly $25 billion by 2025, a compounded annual rate of nearly 40% since 2020. Real-World Shopping & More Many larger companies are already using these digital twins for their products, factory floors, and warehouse to simulate real-world shopping experiences and to help with data analysis and decisions. Left Behind Just like in the…
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Mar
18
2022
By Ellen Britt
Metaverse Mega Mansion Comes To Miami

Metaverse Mega Mansion Comes To Miami

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Ellen Britt for CNT #NFT Another luxury home is about to hit the market in Miami, Florida. But this is not “just” another high-end home, it’s also an NFT.  One of Miami’s most coveted and affluent neighborhoods is about to become the site for an 11,000 square foot, seven-bedroom, nine-bathroom mansion, which is projected to be completed by the end of 2022.  Playing In The Sandbox The mansion is a collaboration between ONE Sotheby’s International Realty, known for its luxury real estate offerings, and Voxel Architects, who will construct the digital twin, down to the last bathroom! The home’s virtual digital twin will…
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Mar
17
2022
By Ellen Britt
Four Digital Real Estate Trends We Are Seeing So Far This Year – 2022

Four Digital Real Estate Trends We Are Seeing So Far This Year – 2022

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Ellen Britt for CNT #NFT  With the digital real estate boom happening right under your nose, it’s critical to keep up with trends as you plot your next move! Here are five trends so far this year in the digital real estate space that show no signs of slowing down: One - Expect sales of land in the metaverse to continue to rise. In 2021, virtual land sales reached an eye-popping $500 million. Sales this year could reach $1 billion (with a “B”!) as the metaverse land grab continues to explode. Early Movers Two - The early movers in this…
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Mar
16
2022
By Ellen Britt
Business Law Makes The Leap Into The Metaverse

Business Law Makes The Leap Into The Metaverse

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Ellen Britt for CNT #NFT As more and more retail brands jump into the metaverse, service businesses are beginning to make the leap as well.  Internationally recognized business law firm Arent Fox saw the writing on the metaverse wall after they advised an accounting firm client on purchasing virtual property. They are opening an office soon in Decentraland, in the platform’s fashion and retail district, the first major law firm to do so. Investment Banking First, Then Law Recently JP Morgan became the first investment banking firm to claim their space in the metaverse, so it’s really no surprise that a…
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Mar
15
2022
By Ellen Britt
The First Metaverse Mansion Is About To Be Built

The First Metaverse Mansion Is About To Be Built

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Ellen Britt for CNT #NFT In the first offering of its kind, a luxury mansion in the UK is up for sale in two places. The real-world and the metaverse! The developer, Stately Homes, is planning to build the 11bedroom, $40 million home, dubbed Hampton Hall, on land located in a gated estate in Surrey.  Two Different Owners? At the same time, the home’s digital twin will also be created and it’s possible there could be two different owners. Whoever purchases the real-world home will get first dibs on the NFT. What?! Bulletproof windows? The home, both real-world and virtual, will…
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Mar
14
2022
By Ellen Britt
Are Webinars About To Go The Way Of The Dinosaur? The Metaverse Asteroid Is Coming!

Are Webinars About To Go The Way Of The Dinosaur? The Metaverse Asteroid Is Coming!

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Ellen Britt for CNT #NFT Zoom fatigue anyone? Got the video conferencing blues? You are not alone. In a recent research article published in the journal Technology, Mind and Behavior, Dr. Jeremy Bailenson of the Stanford Virtual Human Interaction Lab, found four reasons you are likely to be suffering from Zoom fatigue: The Four Horsemen One - All that close-up eye contact is super intense. Two - Constantly seeing yourself in real-time on the screen is exhausting. Three - You are stuck in front of your computer so your mobility is greatly limited. Four - Your cognitive load (how much brainpower…
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Mar
13
2022
By Ellen Britt
Your Digital Twin – Your Representation In The Metaverse

Your Digital Twin – Your Representation In The Metaverse

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Ellen Britt for CNT #NFT Do you remember the 2009 hit movie Avatar? One of the reasons it was so popular was that the moviemakers created an immersive world. There were no virtual reality headsets, just the cinematographers’ and graphics crew’s skill at using new technology to bring an alien world alive. Your Avatar Is Your Digital Twin The movie foreshadowed what is happening with technology today with the creation of the metaverse. Today, your avatar is defined as a figure that represents you, in video games, in internet forums, and now also in metaverse platforms, your avatar is your digital…
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Mar
12
2022
By Ellen Britt
Furniture, Art, And Digital Homes – Design Comes To The Metaverse

Furniture, Art, And Digital Homes – Design Comes To The Metaverse

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Ellen Britt for CNT #NFTVirtual plots of land are not the only thing that’s a hot seller in the metaverse these days. There is a brisk exchange of money involving digital houses, furniture, and art, all existing only in the digital realm.Some people just don’t get the appeal as, after all, you can’t actually occupy a digital house or sit on that virtual sofa.Don't Miss Out!But things are developing very fast in this space, and those who are standing around scratching their heads are apt to miss out on one of the biggest real estate opportunities of a lifetime. This has…
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