The launch of a new project of the Metaverse by Mark Zuckerberg after the rebranding of Facebook to Meta has attracted huge attention from investors from all over the world. The concept captured the minds and wallets of businessmen so much that each new investment led to a series of purchases and sales of shares. In addition, the Meta was the first company to take a large-scale turn, although before it there were already prototypes of the Metaverse, for example, Roblox.
According to Axegy, investing in Meta Zuckenberg is like investing in bitcoin today. This is profitable, but not capable of bringing profits of x100. Therefore, Axegy is looking for new companies that can potentially give a profit similar to the purchase of bitcoin in 2011.
Other companies are working to create an immersive digital world that is destined to become the next word on the Internet. We are talking about Cesium, a company based in Philadelphia. The following is Axegy’s opinion of this company.
Initially, Cesium is a software development company that also provides a platform for 3D objects. Its main clients are construction companies and aircraft manufacturing companies involved in the production of drones. At the moment, as confirmed by Patrick Cozzi, the company is working on creating a Metaverse, and 40 employees are involved in the process.
What is the essence of the concept of the Metaverse?
Today, this can be compared to a case where the concept is partially understood, and each opinion is correct more or less. It’s like asking people what the Internet is 30 years ago. In short and generally, the Metaverse is the Internet of the future in 3D. If today we can watch movies, play games, and visit different places with the help of audio and visual 3D graphics, in the future we will be able to interact in the same way in the regular world, transferred to digital reality.
How will the Metaverse be accessed?
Today, the Metaverse can be accessed using virtual and augmented reality headsets and equipment. For example, special 3D glasses, etc. In the future, we will also be able to wear more comfortable and less bulky existing or completely new devices.
Why is the Metaverse useful?
We are accustomed to understanding only games and other entertainment solutions by the Metaverse. In the future, the Metaverse will be a venue for attending concerts, theater, and cinema, and it will also be a tool for planning various scenarios for construction work, design, education, etc.
What opportunities does the Metaverse open up for business?
In the same way that every business is now on the Internet, in the future they will be found in the Metaverse. That is, each company will seek to move its business there. Some companies are already doing it (Nike, Ferrari). Advertising and the economy of creators will work similarly.
What is the timeframe for reaching that level of the Metaverse that we are talking about?
As noted above, prototypes of the Metaverse already exist. However, according to forecasts, all its possibilities will be fully revealed in about 10 years.
What role does Cesium play in the creation of the Metaverse?
We provide a unique platform for creating 3D models of the real world. We can design not only individual buildings, but entire cities, and transfer this data to other Metaverses. It’s like watching a movie on Netflix or a video on YouTube.
Why does creating a Metaverse require collaboration?
Imagine that the Internet was developed by one company. It would be impossible because one company cannot provide all the opportunities to create such a project on a global scale. The same applies to the Metaverse, especially since it is essentially larger than the Internet. For example, some provide 3D tools, others provide the perfect headset, and thirds provide the greatest possible storage and data security.
Collaboration allows you to achieve better results in a shorter time and support the versatility and diversity of the Metaverses in the future.
Axegy reminds us that in the field of investment, especially in the high-yielding market, the main thing is risk diversification. This is the basic rule that Axegy investment brokers adhere to.