The Metaverse is at the center of discussions in Davos

Since 1974, the Swiss city of Davos-Klosters has hosted the World Economic Forum, which is held there once a year. The year 2022 saw significant change, especially a Strong penetration of metaviruses in discussions. Not only at the program level, but also at the configuration level of the event itself.

Metaverse, an increasingly popular virtual world

For a few months now, the term ” metaverse On everyone’s lips. They are found on many news topics, not just in the cryptocurrency world. But what is it? Simply, it’s A virtual 3D world that everyone can access via specific equipment such as glasses or augmented reality helmet “.

Interested parties can evolve in this parallel universe And discover practically the same elements found in our “real world”. In fact, many developers have contributed to Creating a world that grows more and more, with more and more complete services.

A simple avatar that everyone can customize to their liking begins to develop in this universe, as we do in the popular video game “Sims”, except that this is a fact. Virtual for sure, but very real as everyone plays their own role and can spend the cryptocurrency.

There are actually many services that can be accessed in the metaverse, such as:

  • Participation in conferences
  • Attending concerts
  • Going to the cinema
  • the shopping
  • To visit museums
  • make investments (buying land for example)

All this bears witness to The economic interest of the metaverse today. Undoubtedly it is strong from this observation that the 2022 edition of The World Economic Forum has put the metaverse at the center of its program.

Metaverse in Davos

Many topics were discussed at Davos, but it was undoubtedly the metaverse that attracted the audience the most. Beyond defining the concept itself, it is Security in this virtual world that matters to the majority.

The Minister of State of the United Arab Emirates spoke in particular about the importance of Apply international safety standards in this virtual world Which is appealing to an increasing number of people.

Read also Thailand to ban crypto payments from next month

This idea was supported by a manager at Meta who suggested the need to categorize the information shared to the public according to the objective (Especially children versus adults).

A makeover in Davos inspired by the way the Metaverse works

Apart from these somewhat technical aspects, Davos was above all a theater The emergence of a new format for the World Economic Forum. Since this universe knows no boundaries, this event must be able to exist outside of spatio-temporal constraints, such as decentralized finance.

Thus a platform can be created within the metaverse itself. And cooperation between the public and private sectors is there throughout the year. In all cases, Microsoft and Accenture have been asked to work on this format that have particular interests. The format was also tested during the 2022 edition of the forum.

Today there are many projects and promises. It will undoubtedly be achieved over time. But one thing is for sure: The metaverse is now well into the economic equation at the global level. The leaders in Davos were completely immersed in this atmosphere.

According to Canadian journalist Andrew Lawton’s tweet, between two workshops, participants were able to take a break from the Facebook metaverse through the “Meta Immersive Learning” programme. Perhaps it was a way for Mark Zuckerberg to relaunch the “meta” metaverse and its original code after it was banned by the US authorities.

Davos attendees can take a breather from the WEF meeting step into the Facebook “metaverse.” https://t.co/SJuGuYMuHI

💎 Find the best gems with our free guide!

Learn how to analyze cryptocurrencies like a pro, avoiding red flags and scams, to start or continue your adventure in the cryptocurrency world.

Leave a Comment