Are you ready to enter The Matrix?
Or how about exploring a virtual oasis like the Steven Spielberg movie, Ready Player One?
Both popular sci-fi movies are about individuals plugging into a virtual world and doing whatever necessary to save the real one.
But you don’t need to stress about fighting monsters or being chased by villains. The experience I’m talking about is the metaverse… a place where you’ll be able to do just about anything you can imagine…
You can drive race cars, fly dragons (yes… dragons), change your appearance, and walk around as whatever you want to be (there are endless possibilities for online avatars).
A few weeks ago on Wall Street Unplugged, Frank Curzio interviewed Adam Russell, a cybersecurity expert and cofounder of REV3AL.
In a wide-ranging interview, Adam shared his background… why he founded REV3AL… and why protecting/authenticating NFTs is critical to the future of the metaverse.
REV3AL focuses on digital anti-counterfeiting, copyright protection, and cybersecurity technology. It’s the kind of firm that will help the metaverse run smoothly and safely.
NFTs are one-of-a-kind digital assets secured on the blockchain—a digital ledger (like a giant, computerized receipt) that stores massive amounts of data. REV3AL specializes in things like tracking/ensuring ownership of an NFT… and verifying who created it.
NFTs can be anything that exists online… a picture, a song, a character, clothes for your avatar, vehicles, even land and buildings.
As you probably know, the metaverse is being built right now. Companies like Decentraland, The Sandbox, and TCG World—the company we recently partnered with by buying $5 million worth of metaverse real estate—are a few of the big players in the space.
Keep in mind, no one knows exactly what the metaverse will look like. Dozens (or possibly hundreds) of different companies are developing their own versions of the metaverse. But it will be a combination of virtual reality (VR) and augmented reality (AR) that functions similarly to a big, open-world video game.
The lack of a clear definition is one of the things that makes the metaverse so exciting. The possibilities are infinite. And users will be able to experience this new world (or worlds) without leaving their house. The goal is to create an experience so immersive, you’ll think you’re actually in a different world.
If you listen to last month’s podcast, you’ll hear Frank and Adam go into detail about the future of the metaverse. According to Adam, the metaverse will hit an inflection point (a moment where it will explode in popularity/usage) as the cost of equipment (like gaming consoles and VR headsets) falls far enough that it’s virtually free.
Adam believes the metaverse will “go mainstream” within the next five years.
He also sees three major reasons that will drive folks to start using the metaverse…
First of all, it will allow you to attend concerts, sporting events, and other gatherings you wouldn’t be able to experience in person. In fact, online concerts are already a thing: More than 12 million users attended one by rapper Travis Scott back in April 2020.
The second reason people will go into the metaverse will be for shopping, gambling, and similar activities. Imagine going to one of the most lavish casinos in Las Vegas or Macau… shopping at the fanciest stores in Paris… or exploring landmarks like the Pyramids or the Great Wall of China… all without leaving your home.
And the third reason people will enjoy the metaverse is because it will allow you to do anything you can imagine… just like in some of our favorite sci-fi movies. You’ll be able to explore new universes, interact with strange creatures (or other people), use exciting forms of transportation, and even build your own version of paradise.
You’ll be able to build your own business, develop land, hold concerts, parties, and conferences. It will be an immersive experience that functions as an extension (and an improved version) of the current internet.
The most exciting aspect is the fact we’re still in the early innings of this massive growth story. Be sure to check out Frank’s interview with Adam on Wall Street Unplugged for more details about the incredible future potential of the metaverse.
P.S. Have you snagged your free piece of metaverse land yet?
For a limited time, Frank is giving away FREE real estate in TCG World’s metaverse—potentially worth thousands of dollars—even tens of thousands based on competitor prices.