Is the metaverse good for the world?
There may be no technology prospect driving more discussion and investment right now than the metaverse, and for good reason.
In a not-too-distant future, people may spend significant proportions of their time working, learning, playing and, of course, shopping in the metaverse, where #virtualassets — from apparel to real estate — may take on both social and economic value that meets or even exceeds that of physical possessions. But along with opportunities for value creation, the #metaverse comes with social and environmental costs that brands and retailers must factor into their strategies, writes ‘Retail Prophet’ Doug Stephens. Read Doug’s latest column on businessoffashion.com [Link in bio] ? @roblox
There may be no technology prospect driving more discussion and investment right now than the metaverse, and for good reason.
In a not-too-distant future, people may spend significant proportions of their time working, learning, playing and, of course, shopping in the metaverse, where #virtualassets — from apparel to real estate — may take on both social and economic value that meets or even exceeds that of physical possessions. But along with opportunities for value creation, the #metaverse comes with social and environmental costs that brands and retailers must factor into their strategies, writes ‘Retail Prophet’ Doug Stephens. Read Doug’s latest column on businessoffashion.com [Link in bio] ? @roblox