Facebook's Metaverse Future Business Opportunity or Threat?
Did you know there is an Indonesian company that is also building the Metaverse. basically Metaverse doesn't exist right now. The metaverse exists only in the imagination of visionary entrepreneurs.
Facebook's Metaverse Future Business Opportunity or Threat?
If the metaverse is actually realized, it will have the potential to change the way we live our lives, socializing, working, doing business, everything. including How does capitalism work? for companies, Metaverse opens up endless possibilities to make profits in previously unimaginable ways. For creative industry players, especially in the field of digital design and gaming, this is arable land that is wide open for you. Well, we'll cover all of that.
Getting to know the Metaverse
Now, let's first discuss what the Metaverse is. An originator and author of primary metals defines a method as a vast network of three-dimensional virtual worlds that work in real-time and persistently and support sustainability. the identity of the object of payment history and the rights by which the world is experienced simultaneously by an unlimited number of users. Metaverse definition from Facebook is easier to understand. Metaverse is a set of virtual money that you can create and explore with other people who are not in the same physical space as you.
You already know what it means, have you watched the movie Ready Player One made by Steven Spielberg? like That's the Metaverse. If you don't understand, do you know the popular Fortnite game? If you don't know yet, then you definitely know that with Roblox, children don't stop playing online games. Metaverse is like Roblox where you play an avatar that you create to live and interact with other Avatars in a virtual world but in a different way. instead of you looking at the screen of your gadget, Metaverse is played using a VR device that makes you really feel you are in the virtual world. Another difference with Roblox is that the appearance and design of the Roblox world is very simple. Metaverse will be able to resemble a three-dimensional world that resembles the real world, it could even be better.
I give a more concrete example. imagine if suddenly found a new planet not far from the earth the beauty that we can find on that planet can only be limited by our imagination. and all humans whoever they are can live on that planet. then big companies like Facebook are vying for control of as much land as possible in the newly discovered world. and on that land they built a dream city where anyone can be whatever he wants. could do things they couldn't do on earth. partnering with many development companies, they build more public facilities. there is a mall, there are offices, recreation areas, schools and then selling land for apartment houses. and also their office space presents the latest technology and stunning world concepts.
all in order to lure as many people as possible to want to live in the dream city they created. Well, the Metaverse is more or less like that, only the difference is that the planets and cities are virtual. are in the Maya realm that we can access via VR devices. although it is worth the experience you experience in the virtual world it is Real Time and permanent. The same as our lives today, everything we used to do in the real world we can do there. even more, including doing business and a career to make money. In Metaverse you can buy land, houses, clothes, cars or digital art and get a legal certificate of ownership of those digital assets.
the asset or item will always be there and will still see you as long as you don't sell it to anyone else. If your goods are, many other people are interested in buying them, then the price of your goods may be high in value in the market.
The Metaverse Economy
Why Facebook is so passionate about building a Metaverse. partly because metaforce is such a cool idea. partly because the Metaverse will be a new, unlimited field for making as much money as possible. A 27-year-old PSD from Columbia University left his job at Golden Shake Hand to pursue his fortune playing a video game called Axie Infinity. an online game based on Chen's blog that uses crypto money as a medium of exchange. to play must buy three monsters called axs for 500 dollars. then this axs will be pitted against other players' axs. with the battle model in the Pokemon game. the winner will get a small love potion that can be used to breed axs. The more often you win, the more Axs that are successfully born. well, these new axs, can be used to compete again. so you can get more small love potions. or it can also be sold to other players for approximately 150 dollars per axs. Well, this is where the economy lies, with the 500 dollar model he can raise a lot of axs and sell them for double the profit. people like purefoy are certainly smart, They want to make as much money as possible. while knowing the rules themselves then they began to hire other players who did not have the capital to play on their behalf. In addition, they also provide capital to other players in exchange for profit sharing for every win they get. thus the amount of wealth that can be accumulated becomes unlimited. Now, this is the metals economy, in a world that is unlimited, wealth becomes unlimited. in the Metaverse you can buy or rent land. build anything on it and earn money.
from it you can create a virtual museum, and collect fees from every visitor who comes. or you can also build a Mall and withdraw commissions from every sale that occurs within your virtual Mall. you can even put billboards on the walls of your building and rent them out to brands that want to advertise. Just imagine when billions of people will have filled the metaverse like Facebook which now also contains almost 3 billion people. then the price of the land you own in the Metaverse will definitely soar. and Billboards that hang on your virtual Mall wall. It will be contested by big brands such as Cuan . If you are an architect, you can also sell virtual house design services on Metaverse. then work with a programmer to build the house for your client. or do you want to be Iron Mask? you can build a car factory in the Metaverse and then sell those digital cars to the people who live there. If you are, for example, a car manufacturer in the real world, you can create a Digital version of your car. then sell it on the Metaverse. NFC technology embedded in every digital asset on Metaverse ensures that it is uniquely yours. have value and can be traded.
Evolution of Capitalism
Who Will benefit the most in the Metaverse? the answer is clear to the landlords and businessmen who enter first. like those who bought Bitcoin 10 years ago are now rich. and when the metaphor is getting more mecure and new players are getting more and more filling the quota. then economic inequality will occur, hundreds of thousands of people will try to open businesses there. and the landlords will also set a rental price for stalls which can be unreasonable. millions of job seekers hope to become employees of the company and its friends. while job vacancies are limited, far outstripping job seekers are forced to accept low-paying offers. partners are forced to accept the small profit sharing. the rich get richer the poor accept it.
who benefits the most from all of that, of course he builds the world. It's Alpha who made it all happen on Facebook. and as the saying goes in a casino, the house always with capitalism has worked perfectly. In a community managed by a just leader, the rules of the game will be made to build the common good that can improve the welfare of all members of the community. Unfortunately, Facebook like any other company is the engine of capitalism. the goal is only one, to make the maximum profit for the shareholders. then other rules will always side with the landlords, not the citizens. Of course yes they are smart to play it, the rules are made and presented in such a way. so that it seems to favor the citizens. business players are getting here the better at doing that. They are good at playing with our egos, provoking Desire, and offering pleasure that we hardly get in the real world. and without realizing it we also give up our money once but many times. We even leave our wallets with them, inviting them to take their contents regularly so that they continue to quench their thirst.
maybe I am exaggerating this is describing the bondage of capitalism that can occur in the Metaverse. For balance, let's look at the Metaverse from a different perspective. for some people metal is a libertarian YouTubepia that allows everyone to act and carry out economic activities without any intervention and manipulation from the government. They see that Metaverse will most likely run on blog chem technology and cryptocurrencies. will be able to present a real free market or free market. everything returns to the pure market mechanism. that they believe will provide true justice for all economic actors. David Cameron, former British Prime Minister once said. “I believe that open markets and free enterprise are the best forces imaginable for enhancing human well-being and happiness, they are the engines of progress generating business and innovation that lift people out of poverty and give people opportunities when working well open markets and free enterprise are right. -can actually promote morality”. in a libertarian perspective the metaverse will encourage free trade. where fair competition will be created. everyone is treated the same, and only high quality products can win there.
Land of Hope for all in the Metaverse
Anyone, including small companies can become a landLord in this new world if they enter early and position themselves well. just like in the past when entrepreneurs from developed countries sailed to explore the oceans to discover new continents. They then controlled the lands there. They also become rich. Even though in their original country they could be nothing. then companies that have big visions like Facebook, will certainly try to enter first in order to be able to control the largest land and become rulers in the new world. that's what made Facebook dare to invest heavily into building this metaverse. because therein lies the future of capitalism. The multiverse will take some time before it actually becomes a reality. However, not a few companies have started stealing the start so that later they can gain profits in the new world. one of them is WIR GROUP, a native Indonesian company led by Michael Budi. currently the were group is collaborating with the Singaporean company MYREPUBLIC to create various virtual spaces from markets to museums along with Avatars for users to use in their actions and transactions in the metaverse.
In fact, we don't have to wait until the Metaverse becomes a reality. even now we have seen our children spend more time playing in the virtual world with friends from various countries, compared to playing with neighboring children in the house complex. Not only that, some of us also feel happier living on social media timelines than in our daily real lives. seeing that it seems like the Metaverse will come sooner than we thought. Ironically, while the world is moving rapidly into the future, many companies are still living in the past. They kept reassuring themselves that their business would be fine. and at the end of the year they are busy making plans for the future based on historical data from the past. they insist on holding their National Work Meeting offline, because even after almost 2 years, they still don't feel comfortable using zoom. and the most futuristic topic of discussion in the meeting was, how we can use social media to promote our products.
with many enthusiasts looking for work in the field of Digital Marketing. You should know how to answer some interview questions about Digital marketing. What for? so that you can outperform the candidate. This time I will talk about how to professionally answer digital marketing interview questions. Digital marketing is a profession that continues to grow at this time. Well, with so many enthusiasts looking for work in the field of Digital Marketing. You have to know how to answer some interview questions about Digital marketing?
How far do you understand digital marketing?
This question will generally be used to initiate an interview for a position in Digital Marketing. here you can answer it by explaining that digital marketing is all things related to tactics and strategies in marketing a product or service from your company through online media channels. here you can also add an explanation that digital marketing has several methods. such as SEO, PPC email marketing, Social Media Advertising and also anything you know about digital marketing to add the impression that you understand what you are doing, in a digital marketing position.
What part of digital marketing are you very good at?
This question is usually a follow-up question from the previous question. Well, basically, the interview here wants to know from all digital marketing channels or all existing digital marketing methods which part do you master the most or use the most. Is it SEO or SEM content marketing, social media or maybe ads. well, it will be even better and a plus point for you if you can provide supporting documents or certificates. So what so that later this interview can be sure that you are the best for that position.
What digital marketing platforms and software do you master?
Here the interviewer may want to ask questions to learn more about your technical skills. and also want to know how much training you might need. What do you think will be the trend for digital marketing? Well, here a digital marketer must be sensitive to trends and the situation is ongoing. here you can mention that video consumption websites are increasing. then maybe video ads will be more crowded. Then the second content Creator for short videos is also getting more and more. maybe you can also mention that digital marketing might in the future lead to making or advertising in the form of short videos. or maybe we will return to the blog format. Well, you can answer more or less like that.
What is the biggest challenge for digital marketers now?
Now the purpose of the interviewer to ask this question is to understand how your views and preparations are in facing these challenges. you can answer. My opinion about millions of marketers today is to create results that are still good in the midst of an increasingly saturated market. Then maybe Ah, here to deal with it, you can answer, I think digital marketers have to spend around 15-20 percent of their working time to monitor trends, look at market analysis, or at least look at the hassle to find out what to do next. So those are some of the most asked digital marketing position interview questions.