Keystone Metaverse Products and Conceptual Evolution

The metaverse is a novel concept that often seems to be misunderstood by the investment community. Although most notably discussed in the context of virtual reality and its associated hardware, the metaverse is actually a much broader concept than it may seem. The metaverse today refers to the totality of digital worlds in which people participate and create.

The first credible metaverse products were MMORPGs (massively multiplayer online role-playing games) like World of Warcraft. These were ‘first generation’ metaverse products due to the fact that users were strictly limited to participation. However, the real world economy, and real world value, was created as a direct result of this…