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Daksh Paruthi
Daksh Paruthi

Public Documents 1
SOURCES OF INCOME IN METAVERSE
Daksh Paruthi
Priyanshi Tiwari

Daksh Paruthi

and 2 more

April 30, 2023
A graphical and speculative rendition of a powerful virtual environment, the Metaverse asserts that it is a trustworthy setting where people can work, play, shop, and socialise. The potential for leveraging the Metaverse for growth and revenue generation is significant. The aim of this perspective article is to highlight and introduce: metaverse revenue streams; a Web 3.0 base for economic interoperability; an embodied virtual reality experience; and a platform for innovative experiences. Additionally, it will deal with correcting current and foreseeable security vulnerabilities in the metaverse and, ideally, generate revenue doing so. We explore a wide range of examples and suggest how these initiatives might be implemented properly in order to be competitively successful in this rapidly evolving environment. Child limitations, women’s safety, and introducing the metaverse to older citizens are a few of the topics discussed in detail. Finally, we provide an overview of the unfolding of possibilities and point out methods that have not traditionally been explored.

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