NFT

The JP Morgan Metaverse Report And Your Business

The JP Morgan Metaverse Report And Your Business

Ellen Britt for CNT #NFT JP Morgan, the American multinational investment bank and financial services company, recently released a report on the metaverse. We brought you news about this report a few weeks ago, but today will dive in a little deeper. JP Morgan has also directly invested in the metaverse with a swanky new office in Decentraland’s virtual shopping district, the Metajuku mall, so they definitely have skin in the game. What's Your Metaverse Business Strategy? If you are a business owner or planning to start a business, then there is a portion of the JP Morgan report that you should…
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Lego Partners With Epic Games To Build A Kids’ Metaverse

Lego Partners With Epic Games To Build A Kids’ Metaverse

Ellen Britt for CNT #NFTThe company behind the smash game Fortnite is teaming up with toy giant Lego to create a metaverse for kids. But for now, the details are rather vague.The announcement on the Epic Games website states that their plans for a children’s metaverse will be  “...an immersive, creatively inspiring and engaging digital experience for kids of all ages to enjoy together.” Lego Takes A Sharp TurnAlthough the announcement isn’t really much of a surprise coming from Epic Games, this turn toward the metaverse by Lego is rather sudden.Epic Games is also stressing a safe environment, a concern that nearly…
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Will There Be Airplanes In The Metaverse?

Will There Be Airplanes In The Metaverse?

Ellen Britt for CNT #NFTThere is really no reason why not, but at this point airplanes won’t really be needed as you can instantly transport yourself anywhere in the metaverse with the click of a link. But Boeing has other ideas!The aircraft manufacturer recently announced plans to use the metaverse to design its next plane. Boeing is committing a whopping $15 billion over the next ten years for a total digital revamp, with plans to integrate its operations into the metaverse within two years.Digital TwinsThe estimates are that a brand new aircraft could be launched in as little as four to…
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The Lure Of The Metaverse For Retail Space Property Owners

The Lure Of The Metaverse For Retail Space Property Owners

Ellen Britt for CNT #NFT Due to the worldwide fallout from the pandemic, many retail stores were forced to close. Now that things are reopening, commercial landlords are looking for ways to lure retail space tenants back to their physical properties. The metaverse may just be the answer! Retail store owners, in addition to coping with the hardships that many retail spaces suffered during the pandemic, have to face the continued rise of ecommerce which continues to draw shoppers away from their physical stores. No wonder retail space landlords are having a hard time filling their properties! Picture This What if…
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Luxury Condos Come To The Metaverse

Luxury Condos Come To The Metaverse

Ellen Britt for CNT #NFTWe recently looked at how luxury hotels could amplify their bookings via the metaverse. Luxury condos have the same opportunity. Here’s how!Build ExcitementThere has to be significant excitement around a new luxury condo building offering for units to get snapped up. Here’s how this excitement could be built up using the metaverse:Digital TwinThe developers could build a digital twin of the property and then use that digital space to hold virtual tours of the buildings. Potential buyers who express interest could then be offered an NFT of a portion of the virtual development which would then grant…
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Hotels In The Metaverse

Hotels In The Metaverse

Ellen Britt for CNT #NFT Hotels as well as retreat centers, just like all businesses, have to continuously find ways to differentiate themselves. The metaverse may be just what they are looking for to do exactly that! Picture this Let’s say the Ritz Carlton’s luxury property in San José del Cabo overlooking the Sea of Cortez wants to give prospective visitors a taste of what a retreat experience could be like there. They build a digital twin of the property in the metaverse and then host a digital wellbeing retreat, which is heavily advertised. Sharing Is Caring Several thousand people log…
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Three Ways Virtual Real Estate Is Like “Real” Real Estate

Three Ways Virtual Real Estate Is Like “Real” Real Estate

Ellen Britt for CNT #NFT At first glance, it seems like real estate in the metaverse could not be more different than, say, a parcel located in downtown Indianpolis. But you might be surprised at how alike they are. Let’s take a closer look. One - Increase In Value Property in the real world generally appreciates (increases in value) over time, unless the area of the country has some sort of problem, such as a toxic waste dump being discovered. It’s the same with property in the metaverse. Virtual land will appreciate in value unless the location (the platform) is abandoned…
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Interior Designers Poised For A Beautiful Metaverse Opportunity!

Interior Designers Poised For A Beautiful Metaverse Opportunity!

Ellen Britt for CNT #NFT If you are an interior designer, or you simply have a flair for decorating your home, you could soon put your skills to work in the metaverse! Think Fixer Upper, The Property Brothers or Dream Home Makeover, only in the digital realm. A Sense Of Presence You can think about the metaverse as a shared digital space, with different environments. You’ve likely already gotten a foreshadowing of how design can influence your online experience by the virtual backgrounds people use in Zoom. These backgrounds help to create a sense of what is known as “presence” and…
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How To Become A Landlord In The Metaverse

How To Become A Landlord In The Metaverse

Ellen Britt for CNT #NFT Recently, we looked at various ways to make money in the metaverse, with a couple of those ways involving virtual real estate. Let’s get a closer look at just one of these…becoming a virtual landlord. One of the benefits of this approach is that instead of your land just sitting there while you wait for it to appreciate, you rent it out and make money on it now, month after month. A Market For Renters Another benefit of this inevitable virtual land value appreciation, is that many people who want land on a particular Metaverse platform…
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What The Metaverse Could Mean For Your Business

What The Metaverse Could Mean For Your Business

Ellen Britt for CNT #NFT In the 1970’s businesses could never have imagined how a presence on the web would eventually be essential. Today, we are in a parallel situation, as most businesses can’t imagine how critical having a presence in the metaverse is going to be.  This presence is going to become essential much, much faster than people think. The growth of the metaverse is explosive and is going to take exponentially less time for widespread adoption than it did for the internet to permeate every corner of our lives. Staying Ahead Of The Game If you are a business…
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