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DOW/USDDow Jones Industrial Average/USD
39,131.53
0.00
neutral
SPX/USDStandard & Poor’s 500/USD
5,088.80
0.00
neutral
NDX/USDNASDAQ-100/USD
17,937.61
0.00
neutral
AAPL/USDApple Inc./USD
182.26
-0.27(0.15%)
bearish
GOOGL/USDAlphabet Inc. Class A Common Stock/USD
143.85
-0.11(0.08%)
bearish
TSLA/USDTesla, Inc. Common Stock/USD
191.11
-0.87(0.45%)
bearish
META/USDMeta Platforms, Inc. Class A Common Stock/USD
483.09
-0.94(0.19%)
bearish
NVDA/USDNvidia Corp/USD
786.75
-1.42(0.18%)
bearish
AMD/USDAdvanced Micro Devices/USD
175.83
-0.69(0.39%)
bearish
COIN/USDCoinbase Global, Inc. Class A Common Stock/USD
165.39
-0.59(0.35%)
bearish
NFLX/USDNetFlix Inc/USD
581.52
-2.04(0.35%)
bearish
BTC/USDBitcoin – United States Dollar/USD
51,119.20
+382.20(0.75%)
bullish
ETH/USDEthereum – United States Dollar/USD
2,963.08
+41.29(1.41%)
bullish
XRP/USDRipple – United States Dollar/USD
0.55
+0.01(2.15%)
bullish
DOGE/USDDogecoin – United States Dollar/USD
0.09
+0.00(0.88%)
bullish

Social Sentiment Ticker Powered by AI

DOW/USDDow Jones Industrial Average/USD
39,131.53
0.00
neutral
SPX/USDStandard & Poor’s 500/USD
5,088.80
0.00
neutral
NDX/USDNASDAQ-100/USD
17,937.61
0.00
neutral
AAPL/USDApple Inc./USD
182.26
-0.27(0.15%)
bearish
GOOGL/USDAlphabet Inc. Class A Common Stock/USD
143.85
-0.11(0.08%)
bearish
TSLA/USDTesla, Inc. Common Stock/USD
191.11
-0.87(0.45%)
bearish
META/USDMeta Platforms, Inc. Class A Common Stock/USD
483.09
-0.94(0.19%)
bearish
NVDA/USDNvidia Corp/USD
786.75
-1.42(0.18%)
bearish
AMD/USDAdvanced Micro Devices/USD
175.83
-0.69(0.39%)
bearish
COIN/USDCoinbase Global, Inc. Class A Common Stock/USD
165.39
-0.59(0.35%)
bearish
NFLX/USDNetFlix Inc/USD
581.52
-2.04(0.35%)
bearish
BTC/USDBitcoin – United States Dollar/USD
51,119.20
+382.20(0.75%)
bullish
ETH/USDEthereum – United States Dollar/USD
2,963.08
+41.29(1.41%)
bullish
XRP/USDRipple – United States Dollar/USD
0.55
+0.01(2.15%)
bullish
DOGE/USDDogecoin – United States Dollar/USD
0.09
+0.00(0.88%)
bullish

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Potential Business Opportunities In The Metaverse

August 22, 2022

TradeZing CEO Jordan Edelson, sat down with InformationWeek to discuss the various ways businesses can find new opportunities within the metaverse.

The metaverse is defined as “a virtual-reality space in which users can interact with a computer-generated environment and other users.” For businesses this can be seen as another great touchpoint to interact with and gain the attention of their target audience.

According to a June report from McKinsey, the metaverse has the potential to generate up to $5 trillion in value by 2030, an opportunity it called “too big” for companies to simply ignore.

But before a business jumps into the metaverse, they must understand the type of virtual presence they want to establish with their customers.

“The business proposition is the type of virtual presence a company would like to create and how they want to interact with their consumer, whether it’s for informational or entertainment purposes,”

Jordan Edelson, CEO and co-founder of TradeZing

He explains that for the experience to be effective, a business needs to understand their consumer and how they can create a presence in an authentic way without forcing themselves on the user.

“A business always needs to understand the risks involved with any unchartered and undefined territory. An organization should consider costs associated with the metaverse along with the digital presence that they will gain with their consumers.”

Jordan Edelson, CEO and co-founder of TradeZing

Edelson compares it to the time when the initial web was created, when businesses weren’t familiar with the technology and were slow to adopt it.

“The metaverse is still a very new concept and businesses are experimenting with different features, so an organization needs to remain flexible and keep in mind that the technology is evolving. Eventually, once we pass the trial-and-error phase and the infrastructure is fully developed, we will see this sector grow and more companies will embrace the metaverse,”

Jordan Edelson, CEO and co-founder of TradeZing

To learn even more about the potential business opportunities and where your business can integrate into the metaverse, read the full article by InformationWeek here!


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