What sovereignty for the metaverse?

Since Facebook’s rebranding became Meta, the word “metaverse” has never been so fashionable. Consequence: the term is often misused. What is the metaverse really? By definition, it is a superposition of a virtual or augmented world on a real world. In which each virtual object has a real value.

Can the metaverse do without crypto-currencies?

A virtual object that has a value? This is nothing new: many video games have “stores” allowing such purchases to be made. But the true singularity of the metaverse is to integrate into the digital worlds unique (and therefore collectible) virtual objects whose existence can occur even outside of its ecosystem. Technologically modeled by NFTs, these virtual objects are non-fungible tokens structured on blockchain technology.

But never mind the technology! What matters is the adoption and therefore the applications. And there will never be adoption as long as the devices enabling use remain complex: the power of technology is only ever demonstrated when it becomes invisible. The proof: you don’t think about the technology behind each web page when you surf the internet.

That said, by definition, there is no metaverse without NFTs and therefore without blockchain. Developing activities in the metaverse therefore implies a certain number of prerequisites for companies, in order to limit the risks.

How to deploy in the metaverse without risk?

Today, the true metaverse does not exist. Behind the “buzzword”, the reality is still very disappointing and the first tests are still only very imperfect prototypes. And for good reason: the metaverse cannot exist until its infrastructure is deployed. This infrastructure is that of the crypto-economy.

Over the past year, 8% of French people have taken the plunge and bought cryptoassets. Next year, 30% of them could follow. These figures, published by the association bringing together the main French players in the crypto-asset ecosystem (ADAN) show that adoption is underway at an unprecedented speed.

Developing activities in what will really be tomorrow’s metaverse implies first and foremost the purchase of space. Purchases that involve being able to store these digital goods (NFTs), in other words to have wallets. The thing may seem simple but it is not because from the moment a company “handles” crypto-assets, many questions arise: tax, compliance, legal… To be able to really embark on the metaverse tomorrow, c It is therefore the entire web 3.0 that will have to be embraced. So, in order not to miss the walk and preserve your digital sovereignty tomorrow, tame the technologies of the internet of value now. And prepare your ecosystem for the revolution that is coming.

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