The term "metaverse" is becoming practically unavoidable, especially among those who are into pop culture, technology, shopping and gaming. Find out more about metaverse and why it has become popular and what are the reasons behind its rise. 

In this solo episode of the Needle Movement Podcast, Stephen will give an insider’s view about Metaverse based on six months of NFT collection and research and walk through the difference between physical and virtual goods using popular examples including iPhones and Shopify. 

Listen to this podcast now as we dive deep into the the Value Proposition in Metaverse.

Highlights:

[03:48] Stephen’s origins in the early Internet years and how the Metaverse compares to that transformational tech shift.

[5:15]It’s not just one thing: learning the different parts of the Metaverse ecosystem. 

[07:47] When will this Metaverse stuff actually happen?? This year or in 10 years?

[10:20]The Ethos of the Metaverse - where early adopters benefit from getting to the party early and the “digital country club” aspect where owners become an incentivized community. 

[11:35] What if Shopify was a metaverse protocol? Walking through Shopify’s growth and the differences between what happens at a normal company and a metaverse project. 

[13:33] Explaining Web 3.0 and how participants resemble shareholders in some aspects. 

[14:30]What eCommerce companies can learn from Metaverse projects: community and organic engagement

[16:45]The key benefit for early adopters and why they purchase virtual goods like NFTs.   

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Links:

Website:https://www.needlemovement.com

LinkedIn:Stephen Carl

People Mentioned:

Timothy Berners-Lee