In January, dressed in a crisp white shirt and slacks, with a tidy, consciously androgynous hairstyle, Christina Ku, a director at NTT Docomo Ventures, the Silicon Valley investment arm of the Japanese telecom conglomerate Docomo, gestured to the whiteboard behind her as she took her team through a breakdown of her investments and exits. Ku spoke confidently and authoritatively, unfazed when one colleague flickered out of existence, and two more arrived outfitted in Colonel Sanders-esque suits. All in a day’s work when you’re meeting in the metaverse, she says.
There’s been massive investment in the metaverse, even before Facebook rebranded itself as Meta in October 2021. The global metaverse space was valued at $38.85 billion in 2021 by market data platform Statista, which estimates that number will balloon 22% in 2022 and rise to $678.8 billion by 2030. “Investors [are] pouring capital into the space,” says Fred Schebesta, a futurist and cofounder of Hive Empire Capital,…
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Source : fastcompany.com
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