Money in the Metaverse

Announcing a new book!Money in the Metaverse: Digital Assets, Digital Identities, Digital Economies and Why Virtual Worlds Mean Real Business by David Birch and Victoria Richardson, to be published by The London Publishing Partnership in Spring 2024.The Metaverse is a network of virtual worlds that creates social and economic connections. While the connections are virtual, the business implications are very real, and the Metaverse – in fact, a multitude of metaverses – is the next evolution of the internet. This will power new business models that, crucially, demand reimagined financial services.The authors explore the future of financial services across the emerging metaverses and the ‘always-on’ immersive future internet. The book describes the technologies needed to make the metaverses useful for business, and it explores the new services that they will deliver. The book links the virtual worlds where transactions can take place, the digital assets that will be exchanged in those transactions, and the owners of those assets. It goes on to develop a comprehensive and practical model of the Metaverse and the nature of transactions in a business environment. Its clear view of virtual worlds, its simple taxonomy for digital assets, and its tried-and-tested model of digital identity will provide a better understanding of the opportunities in the many metaverses where we will work, rest and play in the near future. Money in the Metaverse aims to bridge the gap between the creators of metaverses and financial services strategists looking to create value from virtual worlds, digital assets and digital…Money in the Metaverse