Mar 1 | 4 min read
2021 will be a year remembered for many things, but one trend was impossible to miss. Yes, the Metaverse. In 2021, the Metaverse took the world by storm, capturing the imaginations of retail, institutions, and even Mark Zuckerberg. There's no doubt that the amount of time we're spending online has been trending up and to the right, but as the worlds of AR, VR, and AI continue to converge, the Metaverse has absolutely exploded as a narrative. Amidst this explosion, many have been left wondering how to best position themselves for the shift which begs the question, what exactly is the Metaverse and how does it differ from our digital lives today? How do companies like Meta differ from their more decentralized counterparts in the space? I had the pleasure of sitting down with AG, one of the methodologists from the Metaverse Index to hear his thoughts on this and more. Coming up. So with these people in mind that probably don't know anything about crypto, they don't know about this, but they know that they're interested in the Metaverse and they want to gain a broad exposure to it, explain to that person what is the Metaverse Index. AG: Yeah. I'll start with the basics. First off, what is Metaverse? A lot of people say that's the Metaverse and the word gets thrown around a lot, and it's gazillion definitions out there. In simple terms, Metaverse is this concept of our life moving to the digital space. Right? So physical movement into digital aided by these different technologies, VR, AR, AI that make that experience much more immersive. Because we can say, and I've heard a lot of people say we've been in the Metaverse for the last decade, and it's true with like Zoom, and Skype, and all of this stuff, but I don't see that necessarily as Metaverse. I think we need much greater immersion for it to actually be Metaverse, and so then once we understand what Metaverse is and what this theme is. There are two different versions of the Metaverse. One is centralized and closed. Think Facebook building VR, AR, and then you go into Facebook to interact in this world. In which case, they own all your data, they sell chats, and all of that stuff. So it's basically an extension of today's internet where a couple of companies, five companies, whatever, control the platforms, control most of the users, control everyone's data, control everyone's assets. All of that stuff. So that's one. That's the centralized thing, the Facebook Metaverse option, and then the second one is sort of the decentralized one that is based on sort of open standards that's interoperable, that utilizes NFTs and blockchain tech. So if you want to invest in the centralized version, there is Matthew Ball, Metaverse ETF with Roundhill. I think the ticker is Meta. So you can go and buy that on your [inaudible 00:03:35] and Aztec, wherever. It's listed. If you want to allocated funds to the decentralized version of it, that's what MVI index is meant to do, and so in simple terms, MVI Index is like a structured product that holds a lot of the underlying Metaverse projects in it. So you're sort of buying the aggregation of all of these assets. One transaction, no gas costs. Well, one gas cost, but still cheaper, and yeah, and then you sort of can sit back and relax, and don't force on myself. We'll sort of maintain the methodology and make sure that the product sort of continues to capture this theme of physical life going into digital realm powered by blockchain and NFTs. Well, that's our video. If you want to learn more about MVI, check out the show notes. We'll leave some links in there. We release videos every Tuesday. Like and subscribe to hear more, and none of this was financial advice. See you next time.
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