“THE POTENTIAL IS ENORMOUS AND GLOBAL , BUT THE METAVERSE ISN ’ T WHAT PEOPLE CURRENTLY THINK IT IS ”
MAT PECK CTO , MONAVATE
While Transact365 ’ s Major agrees that the virtual economic system is uncertain , “ the introduction of mainstream virtual reality ( VR ) platforms like Apple Vision Pro could cause it to expand significantly .”
Monavate ’ s Peck agrees , should innovation and architecture ramp up , “ the economic system within the metaverse could enable a mainstream way that people make payments .”
He concludes : “ The potential is enormous and global , but the metaverse isn ’ t what people currently think it is . For the metaverse to become what it needs to be , people need to be able to exchange something of value – so until that properly exists , it won ’ t be utilised in the correct way .” fintechmagazine . com 93