Metaverse lures brands with new ways to market and make money


It is still early in what some metaverse enthusiasts bill as the next evolution of the Internet, but proponents describe it as far more immersive than existing online offerings, with higher-quality, three-dimensional imagery. — People wearing VR headsets in metaverse. Credit Technology vector created by freepik - www.freepik.com or Freepik

Some of the world's biggest companies are starting to set up shop in the so-called metaverse, sketching out an early blueprint for how people might eventually make real money in the much-hyped digital realm.

For fashion brands, toy makers and others, this online world where users interact in their digital guise of avatars, not unlike in the movie Ready Player One or the online game Second Life, is emerging as a new frontier for commerce.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Metaverse , NFT

Next In Tech News

Anthropic's Mythos sends US banks rushing to plug cyber holes
Canvas' parent company reaches agreement with hacking group behind breach
OpenAI gives European companies access to its latest models to bolster resilience
Netflix spent over $135 billion on film, TV over last decade
Tesla’s robotaxi rollout features Texas-sized wait times
EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive'
TikTok challenges EU 'gatekeeper' status at Europe's top court
OpenAI chief Altman denies Elon Musk's claim he betrayed ChatGPT maker's mission
Samsung Elec union threatens to walk out of pay talks if no mediation proposal
Maker of Canvas learning platform strikes deal for hackers to return data

Others Also Read