SlideShare a Scribd company logo
1 of 4
Download to read offline
1 
 
©2021 TechIPm, LLC All Rights Reserved http://www.techipm.com/ 
 
Why Metaverse Now?
Alex G. Lee1
Metaverse is a collection of fully connected interoperable physically augmented digital worlds with
physical persistence that are converged with the virtually augmented physical world in which people and
digital representations of people (digital people) can fully interact with one another and digital
objects/environments (including digital twins) with full reality. Metaverse is the converged world of
augmented physical world and virtual world that is hyper-decentralized, hyper-connected, hyper-
visualized, hyper-interacted, and hyper-reality enabled. Metaverse can create economic values without
space/time/resource limitations.
Facebook CEO Mark Zuckerberg declared recently that he wants Facebook to become a metaverse
company and expressed his vision for the metaverse such that metaverse devices will be in ubiquitous
use like smartphones today. 2
Microsoft also launched recently a metaverse solution integrating all of its
digital technologies, IT solutions, and cloud platform. 3
A metaverse alliance is launched recently in
                                                            
1
Alex G. Lee, Ph.D Esq., is a principal consultant at TechIPm, LLC.
2
https://www.cbsnews.com/news/facebook-launches-horizon-workrooms-virtual-reality-app/
3
https://azure.microsoft.com/en-us/blog/converging-the-physical-and-digital-with-digital-twins-mixed-reality-and-metaverse-apps/
2 
 
©2021 TechIPm, LLC All Rights Reserved http://www.techipm.com/ 
 
South Korea with over 200 companies including Samsung Electronics for a new metaverse market
creation. 4
The metaverse concept, however, is not a new one. Back in 1992, Neal Stephenson's novel Snow Crash
coined the term metaverse for the first time. My recent patent research about the metaverse technology
innovation also showed a long history of the metaverse technology innovation. 5
My patent research also
showed that there were active innovation activities around 2007-2010. Why, then, the metaverse revives
now?
HBS Professor Marco Iansiti6
, the author of “The Keystone Advantage,” suggested technological
assimilation as a new engine for technological innovations in his article “Creative Construction.” In the
technological assimilation frameworks, a core innovation that once provided stand-alone products or
services for a specific market can be the building blocks for mass market generating innovation through
                                                            
4
https://m-kedglobal-com.cdn.ampproject.org/c/s/m.kedglobal.com/newsAmp/ked202108030012
5
https://www.slideshare.net/alexglee/global-metaverse-patent-applications-landscape-3q-2021
6
https://www.linkedin.com/in/marcoiansiti/
3 
 
©2021 TechIPm, LLC All Rights Reserved http://www.techipm.com/ 
 
assimilation to broader platforms and exploitation of innovation infrastructures that were not existed at
the time of innovation.
Therefore, if we consider the integration of broader platforms such as smartphones, 3D computing, XR
devices, digital twins, cloud computing and innovation infrastructures such as AI, blockchain, IoT and 5G
into the metaverse, we can give an answer about the “why metaverse now” based on the technological
assimilation. 7
References
Metaverse based Sustainable Smart City Development Webinar:
https://www.youtube.com/watch?v=hNQ9VF3KDno&t=11131s
Digital Twin Metaverse for Enterprise Digital System Innovation Webinar:
https://www.linkedin.com/events/6848235538693033985/
                                                            
7
Non-technical factors such as emergence of non-contact society due to COVID-19 pandemic and dominance of a new M-Z
generation in economic activities can be an additional answer.
4 
 
©2021 TechIPm, LLC All Rights Reserved http://www.techipm.com/ 
 

More Related Content

What's hot

The Metaverse and Virtual Reality 2015
The Metaverse and Virtual Reality 2015The Metaverse and Virtual Reality 2015
The Metaverse and Virtual Reality 2015Mattia Crespi
 
Roblox Metaverse Game Platform Innovation Insights from Patents
Roblox Metaverse Game Platform Innovation Insights from PatentsRoblox Metaverse Game Platform Innovation Insights from Patents
Roblox Metaverse Game Platform Innovation Insights from PatentsAlex G. Lee, Ph.D. Esq. CLP
 
Digital Innovation and Design
Digital Innovation and DesignDigital Innovation and Design
Digital Innovation and DesignYoungjin Yoo
 
IBM and the Metaverse - HIT SGS 2008
IBM and the Metaverse - HIT SGS 2008IBM and the Metaverse - HIT SGS 2008
IBM and the Metaverse - HIT SGS 2008Dvir Reznik
 
Metaverse BM Innovation for New Experience Economy
Metaverse BM Innovation for New Experience EconomyMetaverse BM Innovation for New Experience Economy
Metaverse BM Innovation for New Experience EconomyAlex G. Lee, Ph.D. Esq. CLP
 
Reperes Metaverse Roadmap 290807 Gb
Reperes Metaverse Roadmap 290807 GbReperes Metaverse Roadmap 290807 Gb
Reperes Metaverse Roadmap 290807 GbFrançois Abiven
 
Building your virtual chat room (Mozilla hubs and spoke)
Building your virtual chat room (Mozilla hubs and spoke) Building your virtual chat room (Mozilla hubs and spoke)
Building your virtual chat room (Mozilla hubs and spoke) yamama shakaa
 
Emerging Technologies for teaching and learning: NITLE Instructional Technolo...
Emerging Technologies for teaching and learning: NITLE Instructional Technolo...Emerging Technologies for teaching and learning: NITLE Instructional Technolo...
Emerging Technologies for teaching and learning: NITLE Instructional Technolo...Bryan Alexander
 
Quest 2 and the future of metaverse v2.0 210908
Quest 2 and the future of metaverse v2.0  210908Quest 2 and the future of metaverse v2.0  210908
Quest 2 and the future of metaverse v2.0 210908Michael Lesniak
 
Grayscale Metaverse Report November 2021
Grayscale Metaverse Report November 2021Grayscale Metaverse Report November 2021
Grayscale Metaverse Report November 2021IQbal KHan
 
Nmc 2007 Publish
Nmc 2007 PublishNmc 2007 Publish
Nmc 2007 Publishurauch
 
Investment Opportunities in the New Normal - AirTree Ventures
Investment Opportunities in the New Normal - AirTree VenturesInvestment Opportunities in the New Normal - AirTree Ventures
Investment Opportunities in the New Normal - AirTree VenturesMelissa Ran
 
Alpaca Field Study: Virtual Real Estate & The Metaverse
Alpaca Field Study: Virtual Real Estate & The MetaverseAlpaca Field Study: Virtual Real Estate & The Metaverse
Alpaca Field Study: Virtual Real Estate & The MetaverseDaniel Fetner
 
Introduction to Web 3 - Tony Aube at WAQ19
Introduction to Web 3 - Tony Aube at WAQ19Introduction to Web 3 - Tony Aube at WAQ19
Introduction to Web 3 - Tony Aube at WAQ19Tony Aubé
 

What's hot (20)

Metaverse - the attraction of new identty
Metaverse - the attraction of new identtyMetaverse - the attraction of new identty
Metaverse - the attraction of new identty
 
The Metaverse and Virtual Reality 2015
The Metaverse and Virtual Reality 2015The Metaverse and Virtual Reality 2015
The Metaverse and Virtual Reality 2015
 
Roblox Metaverse Game Platform Innovation Insights from Patents
Roblox Metaverse Game Platform Innovation Insights from PatentsRoblox Metaverse Game Platform Innovation Insights from Patents
Roblox Metaverse Game Platform Innovation Insights from Patents
 
Metaverse Enterprise Platform Development
Metaverse Enterprise Platform DevelopmentMetaverse Enterprise Platform Development
Metaverse Enterprise Platform Development
 
What is Web 3.0
What is Web 3.0What is Web 3.0
What is Web 3.0
 
Digital Innovation and Design
Digital Innovation and DesignDigital Innovation and Design
Digital Innovation and Design
 
15 Ways Mobile Will Change Our Lives (March 2012)
15 Ways Mobile Will Change Our Lives (March 2012)15 Ways Mobile Will Change Our Lives (March 2012)
15 Ways Mobile Will Change Our Lives (March 2012)
 
IBM and the Metaverse - HIT SGS 2008
IBM and the Metaverse - HIT SGS 2008IBM and the Metaverse - HIT SGS 2008
IBM and the Metaverse - HIT SGS 2008
 
Metaverse BM Innovation for New Experience Economy
Metaverse BM Innovation for New Experience EconomyMetaverse BM Innovation for New Experience Economy
Metaverse BM Innovation for New Experience Economy
 
Reperes Metaverse Roadmap 290807 Gb
Reperes Metaverse Roadmap 290807 GbReperes Metaverse Roadmap 290807 Gb
Reperes Metaverse Roadmap 290807 Gb
 
What is mataverse?
What is mataverse?What is mataverse?
What is mataverse?
 
Building your virtual chat room (Mozilla hubs and spoke)
Building your virtual chat room (Mozilla hubs and spoke) Building your virtual chat room (Mozilla hubs and spoke)
Building your virtual chat room (Mozilla hubs and spoke)
 
Emerging Technologies for teaching and learning: NITLE Instructional Technolo...
Emerging Technologies for teaching and learning: NITLE Instructional Technolo...Emerging Technologies for teaching and learning: NITLE Instructional Technolo...
Emerging Technologies for teaching and learning: NITLE Instructional Technolo...
 
weAR MARKOVERSE eng 2021
weAR MARKOVERSE eng 2021weAR MARKOVERSE eng 2021
weAR MARKOVERSE eng 2021
 
Quest 2 and the future of metaverse v2.0 210908
Quest 2 and the future of metaverse v2.0  210908Quest 2 and the future of metaverse v2.0  210908
Quest 2 and the future of metaverse v2.0 210908
 
Grayscale Metaverse Report November 2021
Grayscale Metaverse Report November 2021Grayscale Metaverse Report November 2021
Grayscale Metaverse Report November 2021
 
Nmc 2007 Publish
Nmc 2007 PublishNmc 2007 Publish
Nmc 2007 Publish
 
Investment Opportunities in the New Normal - AirTree Ventures
Investment Opportunities in the New Normal - AirTree VenturesInvestment Opportunities in the New Normal - AirTree Ventures
Investment Opportunities in the New Normal - AirTree Ventures
 
Alpaca Field Study: Virtual Real Estate & The Metaverse
Alpaca Field Study: Virtual Real Estate & The MetaverseAlpaca Field Study: Virtual Real Estate & The Metaverse
Alpaca Field Study: Virtual Real Estate & The Metaverse
 
Introduction to Web 3 - Tony Aube at WAQ19
Introduction to Web 3 - Tony Aube at WAQ19Introduction to Web 3 - Tony Aube at WAQ19
Introduction to Web 3 - Tony Aube at WAQ19
 

Similar to Why Metaverse Now

Reviews of Metaverse Global Leaders Insights Webinar-Brochure.pdf
Reviews of Metaverse Global Leaders Insights Webinar-Brochure.pdfReviews of Metaverse Global Leaders Insights Webinar-Brochure.pdf
Reviews of Metaverse Global Leaders Insights Webinar-Brochure.pdfAlex G. Lee, Ph.D. Esq. CLP
 
Metaverse based ESG Digital Transformation for Accelerating Sustainability
Metaverse based ESG Digital Transformation for Accelerating SustainabilityMetaverse based ESG Digital Transformation for Accelerating Sustainability
Metaverse based ESG Digital Transformation for Accelerating SustainabilityAlex G. Lee, Ph.D. Esq. CLP
 
Is Metaverse The Next Big Thing?
Is Metaverse The Next Big Thing?Is Metaverse The Next Big Thing?
Is Metaverse The Next Big Thing?101 Blockchains
 
Metaverse_Report_NASSCOM.pdf
Metaverse_Report_NASSCOM.pdfMetaverse_Report_NASSCOM.pdf
Metaverse_Report_NASSCOM.pdfyashapnt
 
Sadan ppt on Metaverse-Digital marketing content
Sadan ppt on Metaverse-Digital marketing contentSadan ppt on Metaverse-Digital marketing content
Sadan ppt on Metaverse-Digital marketing contentSimranKaur656380
 
Semantic Technology Solutions For Gov 2 0 Citizen-Friendly Recovery.Gov and D...
Semantic Technology Solutions For Gov 2 0 Citizen-Friendly Recovery.Gov and D...Semantic Technology Solutions For Gov 2 0 Citizen-Friendly Recovery.Gov and D...
Semantic Technology Solutions For Gov 2 0 Citizen-Friendly Recovery.Gov and D...ajmalik
 
the_future_of_metaverse_in_terms_of_product_development.pptx
the_future_of_metaverse_in_terms_of_product_development.pptxthe_future_of_metaverse_in_terms_of_product_development.pptx
the_future_of_metaverse_in_terms_of_product_development.pptxsarah david
 
What is Metaverse? A Comprehensive Guide to the Future of Virtual Reality
What is Metaverse? A Comprehensive Guide to the Future of Virtual RealityWhat is Metaverse? A Comprehensive Guide to the Future of Virtual Reality
What is Metaverse? A Comprehensive Guide to the Future of Virtual RealityBaek Yongsun
 
Semantic Technology Solutions For Recovery Gov And Data Gov With Transparenc...
Semantic Technology Solutions For Recovery Gov And  Data Gov With Transparenc...Semantic Technology Solutions For Recovery Gov And  Data Gov With Transparenc...
Semantic Technology Solutions For Recovery Gov And Data Gov With Transparenc...Mills Davis
 
ExpoOrganizers_PPT.pptx
ExpoOrganizers_PPT.pptxExpoOrganizers_PPT.pptx
ExpoOrganizers_PPT.pptxMext Metaverse
 
World Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdf
World Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdfWorld Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdf
World Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdfsimulationsindia
 
World Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdf
World Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdfWorld Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdf
World Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdfsimulationsindia
 
Metaverse - Exploring the Boundless Digital Universe.pdf
Metaverse - Exploring the Boundless Digital Universe.pdfMetaverse - Exploring the Boundless Digital Universe.pdf
Metaverse - Exploring the Boundless Digital Universe.pdfKissan Global Network Pvt. Ltd
 
Metaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptxMetaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptxJenniferphilop0420
 
Metaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdfMetaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdfJenniferphilop0420
 

Similar to Why Metaverse Now (20)

Digital Twin Metaverse Enterprise
Digital Twin Metaverse EnterpriseDigital Twin Metaverse Enterprise
Digital Twin Metaverse Enterprise
 
Reviews of Metaverse Global Leaders Insights Webinar-Brochure.pdf
Reviews of Metaverse Global Leaders Insights Webinar-Brochure.pdfReviews of Metaverse Global Leaders Insights Webinar-Brochure.pdf
Reviews of Metaverse Global Leaders Insights Webinar-Brochure.pdf
 
Global Metaverse Innovators Roadshow
Global Metaverse Innovators RoadshowGlobal Metaverse Innovators Roadshow
Global Metaverse Innovators Roadshow
 
Metaverse based ESG Digital Transformation for Accelerating Sustainability
Metaverse based ESG Digital Transformation for Accelerating SustainabilityMetaverse based ESG Digital Transformation for Accelerating Sustainability
Metaverse based ESG Digital Transformation for Accelerating Sustainability
 
Is Metaverse The Next Big Thing?
Is Metaverse The Next Big Thing?Is Metaverse The Next Big Thing?
Is Metaverse The Next Big Thing?
 
Metaverse_Report_NASSCOM.pdf
Metaverse_Report_NASSCOM.pdfMetaverse_Report_NASSCOM.pdf
Metaverse_Report_NASSCOM.pdf
 
Sadan ppt on Metaverse-Digital marketing content
Sadan ppt on Metaverse-Digital marketing contentSadan ppt on Metaverse-Digital marketing content
Sadan ppt on Metaverse-Digital marketing content
 
Semantic Technology Solutions For Gov 2 0 Citizen-Friendly Recovery.Gov and D...
Semantic Technology Solutions For Gov 2 0 Citizen-Friendly Recovery.Gov and D...Semantic Technology Solutions For Gov 2 0 Citizen-Friendly Recovery.Gov and D...
Semantic Technology Solutions For Gov 2 0 Citizen-Friendly Recovery.Gov and D...
 
English PPT.pptx
English PPT.pptxEnglish PPT.pptx
English PPT.pptx
 
the_future_of_metaverse_in_terms_of_product_development.pptx
the_future_of_metaverse_in_terms_of_product_development.pptxthe_future_of_metaverse_in_terms_of_product_development.pptx
the_future_of_metaverse_in_terms_of_product_development.pptx
 
What is Metaverse? A Comprehensive Guide to the Future of Virtual Reality
What is Metaverse? A Comprehensive Guide to the Future of Virtual RealityWhat is Metaverse? A Comprehensive Guide to the Future of Virtual Reality
What is Metaverse? A Comprehensive Guide to the Future of Virtual Reality
 
Semantic Technology Solutions For Recovery Gov And Data Gov With Transparenc...
Semantic Technology Solutions For Recovery Gov And  Data Gov With Transparenc...Semantic Technology Solutions For Recovery Gov And  Data Gov With Transparenc...
Semantic Technology Solutions For Recovery Gov And Data Gov With Transparenc...
 
ExpoOrganizers_PPT.pptx
ExpoOrganizers_PPT.pptxExpoOrganizers_PPT.pptx
ExpoOrganizers_PPT.pptx
 
Metaverse + Sustainability Convergence
Metaverse + Sustainability ConvergenceMetaverse + Sustainability Convergence
Metaverse + Sustainability Convergence
 
World Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdf
World Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdfWorld Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdf
World Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdf
 
World Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdf
World Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdfWorld Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdf
World Economic Forum Metaverse Ecosystem By Utpal Chakraborty.pdf
 
AN OVERVIEW OF THE METAVERSE
AN OVERVIEW OF THE METAVERSEAN OVERVIEW OF THE METAVERSE
AN OVERVIEW OF THE METAVERSE
 
Metaverse - Exploring the Boundless Digital Universe.pdf
Metaverse - Exploring the Boundless Digital Universe.pdfMetaverse - Exploring the Boundless Digital Universe.pdf
Metaverse - Exploring the Boundless Digital Universe.pdf
 
Metaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptxMetaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptx
 
Metaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdfMetaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdf
 

More from Alex G. Lee, Ph.D. Esq. CLP

[Presentation] Webinar on Patent Management and Patent Asset STO in the ChatG...
[Presentation] Webinar on Patent Management and Patent Asset STO in the ChatG...[Presentation] Webinar on Patent Management and Patent Asset STO in the ChatG...
[Presentation] Webinar on Patent Management and Patent Asset STO in the ChatG...Alex G. Lee, Ph.D. Esq. CLP
 
Metaverse x AI x Web3 x Sustainability Convergence
Metaverse x AI x  Web3 x Sustainability ConvergenceMetaverse x AI x  Web3 x Sustainability Convergence
Metaverse x AI x Web3 x Sustainability ConvergenceAlex G. Lee, Ph.D. Esq. CLP
 
Tokenization, Securitization, Monetization of Real-World Assets
Tokenization, Securitization, Monetization of Real-World AssetsTokenization, Securitization, Monetization of Real-World Assets
Tokenization, Securitization, Monetization of Real-World AssetsAlex G. Lee, Ph.D. Esq. CLP
 
Maximizing Innovation through ChatGPT Powered Patent Analysis
Maximizing Innovation through ChatGPT Powered Patent AnalysisMaximizing Innovation through ChatGPT Powered Patent Analysis
Maximizing Innovation through ChatGPT Powered Patent AnalysisAlex G. Lee, Ph.D. Esq. CLP
 
Maximizing AI Business Value Creation Utilizing Patents
Maximizing AI Business Value Creation Utilizing PatentsMaximizing AI Business Value Creation Utilizing Patents
Maximizing AI Business Value Creation Utilizing PatentsAlex G. Lee, Ph.D. Esq. CLP
 
Real-World Assets STO + Institutional DeFi Integration
Real-World Assets STO + Institutional DeFi IntegrationReal-World Assets STO + Institutional DeFi Integration
Real-World Assets STO + Institutional DeFi IntegrationAlex G. Lee, Ph.D. Esq. CLP
 
Metaverse & Web3 Technology Innovation & Business Development
Metaverse & Web3 Technology Innovation & Business DevelopmentMetaverse & Web3 Technology Innovation & Business Development
Metaverse & Web3 Technology Innovation & Business DevelopmentAlex G. Lee, Ph.D. Esq. CLP
 
웹3.0기반 메타버스 응용을 위한 NFT 가치개발과 가치평가 특강
웹3.0기반 메타버스 응용을 위한 NFT 가치개발과 가치평가 특강웹3.0기반 메타버스 응용을 위한 NFT 가치개발과 가치평가 특강
웹3.0기반 메타버스 응용을 위한 NFT 가치개발과 가치평가 특강Alex G. Lee, Ph.D. Esq. CLP
 
NFT for Web3 Based Metaverse Monetization Webinar.pdf
NFT for Web3 Based Metaverse Monetization Webinar.pdfNFT for Web3 Based Metaverse Monetization Webinar.pdf
NFT for Web3 Based Metaverse Monetization Webinar.pdfAlex G. Lee, Ph.D. Esq. CLP
 
FAME UNIVERSE Fashion NFT Monetization Platform Introduction
FAME UNIVERSE Fashion NFT Monetization Platform IntroductionFAME UNIVERSE Fashion NFT Monetization Platform Introduction
FAME UNIVERSE Fashion NFT Monetization Platform IntroductionAlex G. Lee, Ph.D. Esq. CLP
 
NAVIGATING THE METAVERSE (Wiley) One Page Book Summary
NAVIGATING THE METAVERSE (Wiley)  One Page Book SummaryNAVIGATING THE METAVERSE (Wiley)  One Page Book Summary
NAVIGATING THE METAVERSE (Wiley) One Page Book SummaryAlex G. Lee, Ph.D. Esq. CLP
 

More from Alex G. Lee, Ph.D. Esq. CLP (20)

[Presentation] Webinar on Patent Management and Patent Asset STO in the ChatG...
[Presentation] Webinar on Patent Management and Patent Asset STO in the ChatG...[Presentation] Webinar on Patent Management and Patent Asset STO in the ChatG...
[Presentation] Webinar on Patent Management and Patent Asset STO in the ChatG...
 
Metaverse x AI x Web3 x Sustainability Convergence
Metaverse x AI x  Web3 x Sustainability ConvergenceMetaverse x AI x  Web3 x Sustainability Convergence
Metaverse x AI x Web3 x Sustainability Convergence
 
Tokenization, Securitization, Monetization of Real-World Assets
Tokenization, Securitization, Monetization of Real-World AssetsTokenization, Securitization, Monetization of Real-World Assets
Tokenization, Securitization, Monetization of Real-World Assets
 
Maximizing Innovation through ChatGPT Powered Patent Analysis
Maximizing Innovation through ChatGPT Powered Patent AnalysisMaximizing Innovation through ChatGPT Powered Patent Analysis
Maximizing Innovation through ChatGPT Powered Patent Analysis
 
Maximizing AI Business Value Creation Utilizing Patents
Maximizing AI Business Value Creation Utilizing PatentsMaximizing AI Business Value Creation Utilizing Patents
Maximizing AI Business Value Creation Utilizing Patents
 
Real-World Assets STO + Institutional DeFi Integration
Real-World Assets STO + Institutional DeFi IntegrationReal-World Assets STO + Institutional DeFi Integration
Real-World Assets STO + Institutional DeFi Integration
 
Metaverse x Web3 Interoperability Overview
Metaverse x Web3 Interoperability OverviewMetaverse x Web3 Interoperability Overview
Metaverse x Web3 Interoperability Overview
 
AI for Metaverse x Web3 Overview
AI for Metaverse x Web3 OverviewAI for Metaverse x Web3 Overview
AI for Metaverse x Web3 Overview
 
NFT Web3 Metaverse Global Leaders Roundtable
NFT Web3 Metaverse Global Leaders RoundtableNFT Web3 Metaverse Global Leaders Roundtable
NFT Web3 Metaverse Global Leaders Roundtable
 
Fame Universe Introduction
Fame Universe IntroductionFame Universe Introduction
Fame Universe Introduction
 
Metaverse Fashion Overview
Metaverse Fashion OverviewMetaverse Fashion Overview
Metaverse Fashion Overview
 
Global Metaverse Fashion Innovators Roadshow
Global Metaverse Fashion Innovators RoadshowGlobal Metaverse Fashion Innovators Roadshow
Global Metaverse Fashion Innovators Roadshow
 
NFT Financialization Overview
NFT Financialization OverviewNFT Financialization Overview
NFT Financialization Overview
 
Metaverse & Web3 Technology Innovation & Business Development
Metaverse & Web3 Technology Innovation & Business DevelopmentMetaverse & Web3 Technology Innovation & Business Development
Metaverse & Web3 Technology Innovation & Business Development
 
NFT Monetization Innovation Webinar
NFT Monetization Innovation WebinarNFT Monetization Innovation Webinar
NFT Monetization Innovation Webinar
 
웹3.0기반 메타버스 응용을 위한 NFT 가치개발과 가치평가 특강
웹3.0기반 메타버스 응용을 위한 NFT 가치개발과 가치평가 특강웹3.0기반 메타버스 응용을 위한 NFT 가치개발과 가치평가 특강
웹3.0기반 메타버스 응용을 위한 NFT 가치개발과 가치평가 특강
 
NFT for Web3 Based Metaverse Monetization Webinar.pdf
NFT for Web3 Based Metaverse Monetization Webinar.pdfNFT for Web3 Based Metaverse Monetization Webinar.pdf
NFT for Web3 Based Metaverse Monetization Webinar.pdf
 
FAME UNIVERSE Fashion NFT Monetization Platform Introduction
FAME UNIVERSE Fashion NFT Monetization Platform IntroductionFAME UNIVERSE Fashion NFT Monetization Platform Introduction
FAME UNIVERSE Fashion NFT Monetization Platform Introduction
 
NAVIGATING THE METAVERSE (Wiley) One Page Book Summary
NAVIGATING THE METAVERSE (Wiley)  One Page Book SummaryNAVIGATING THE METAVERSE (Wiley)  One Page Book Summary
NAVIGATING THE METAVERSE (Wiley) One Page Book Summary
 
FAME Universe Introduction
FAME Universe IntroductionFAME Universe Introduction
FAME Universe Introduction
 

Recently uploaded

Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Sheetaleventcompany
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableSeo
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756dollysharma2066
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...amitlee9823
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...rajveerescorts2022
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...allensay1
 

Recently uploaded (20)

Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
 

Why Metaverse Now

  • 1. 1    ©2021 TechIPm, LLC All Rights Reserved http://www.techipm.com/    Why Metaverse Now? Alex G. Lee1 Metaverse is a collection of fully connected interoperable physically augmented digital worlds with physical persistence that are converged with the virtually augmented physical world in which people and digital representations of people (digital people) can fully interact with one another and digital objects/environments (including digital twins) with full reality. Metaverse is the converged world of augmented physical world and virtual world that is hyper-decentralized, hyper-connected, hyper- visualized, hyper-interacted, and hyper-reality enabled. Metaverse can create economic values without space/time/resource limitations. Facebook CEO Mark Zuckerberg declared recently that he wants Facebook to become a metaverse company and expressed his vision for the metaverse such that metaverse devices will be in ubiquitous use like smartphones today. 2 Microsoft also launched recently a metaverse solution integrating all of its digital technologies, IT solutions, and cloud platform. 3 A metaverse alliance is launched recently in                                                              1 Alex G. Lee, Ph.D Esq., is a principal consultant at TechIPm, LLC. 2 https://www.cbsnews.com/news/facebook-launches-horizon-workrooms-virtual-reality-app/ 3 https://azure.microsoft.com/en-us/blog/converging-the-physical-and-digital-with-digital-twins-mixed-reality-and-metaverse-apps/
  • 2. 2    ©2021 TechIPm, LLC All Rights Reserved http://www.techipm.com/    South Korea with over 200 companies including Samsung Electronics for a new metaverse market creation. 4 The metaverse concept, however, is not a new one. Back in 1992, Neal Stephenson's novel Snow Crash coined the term metaverse for the first time. My recent patent research about the metaverse technology innovation also showed a long history of the metaverse technology innovation. 5 My patent research also showed that there were active innovation activities around 2007-2010. Why, then, the metaverse revives now? HBS Professor Marco Iansiti6 , the author of “The Keystone Advantage,” suggested technological assimilation as a new engine for technological innovations in his article “Creative Construction.” In the technological assimilation frameworks, a core innovation that once provided stand-alone products or services for a specific market can be the building blocks for mass market generating innovation through                                                              4 https://m-kedglobal-com.cdn.ampproject.org/c/s/m.kedglobal.com/newsAmp/ked202108030012 5 https://www.slideshare.net/alexglee/global-metaverse-patent-applications-landscape-3q-2021 6 https://www.linkedin.com/in/marcoiansiti/
  • 3. 3    ©2021 TechIPm, LLC All Rights Reserved http://www.techipm.com/    assimilation to broader platforms and exploitation of innovation infrastructures that were not existed at the time of innovation. Therefore, if we consider the integration of broader platforms such as smartphones, 3D computing, XR devices, digital twins, cloud computing and innovation infrastructures such as AI, blockchain, IoT and 5G into the metaverse, we can give an answer about the “why metaverse now” based on the technological assimilation. 7 References Metaverse based Sustainable Smart City Development Webinar: https://www.youtube.com/watch?v=hNQ9VF3KDno&t=11131s Digital Twin Metaverse for Enterprise Digital System Innovation Webinar: https://www.linkedin.com/events/6848235538693033985/                                                              7 Non-technical factors such as emergence of non-contact society due to COVID-19 pandemic and dominance of a new M-Z generation in economic activities can be an additional answer.