First-Mover Advantages for Banks and Fintechs
People spend $54 billion every year on purchasing virtual goods in what they know as the metaverse. What do they mean? Is there going to be just one metaverse or many? And why are financial institutions around the world exploring different ways to establish themselves in this new value chain?
The metaverse is expected to become a lucrative source of revenue and an innovation hub for financial institutions.
Highlights
Learn about the different kinds of metaverses
Discover the role of payments and cryptocurrency in the meta-economy
Find out what metaverse strategies financial institutions are adopting
Get the big picture on first-mover advantages, risks, unknowns, and potential pitfalls