.justjho, CEO of GetMetaversed, discusses why the metaverse is an opportunity for retailers and other big companies to reposition their market presence and broaden their revenue streams. _franvela reports
“In the metaverse you can reposition yourself to a totally new demographic, new revenue stream, new products and new style,” Hochberg said on CoinDesk TV’s “The Los Angeles, California-based company is a middleman for global companies looking to expand their endeavors in the metaverse.
Those virtual goods are divided into categories, according to Hochberg, and include token-based marketplaces, sponsorships with brands and rewards programs, which he said the company is“Our expertise ranges across all of those things,” Hochberg said. He added that what the metaverse provides in value is elbow room for companies that may not have exceedingly large budgets.
Hochberg noted that Roblox, an online gaming platform, started developing and selling products in-person. In a partnership with VBG, RobloxForever 21’s retail presence, helping the retailer salvage its business. VBG, too, has partnered with Barbie, he added. “All of this will open up eventually,” Hochberg said. “From our strategy, we go to brands, we make it easy for them by finding something they feel familiar with, and then we extend it.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CES 2023: Smelling, touching take center stage in metaverseThe metaverse was a key theme during this year's CES tech gathering in Vegas.
Read more »
How this Metaverse Shooter is Defining the Next-Generation of Immersive Gaming | HackerNoonNext-Generation of Immersive Gaming: Player Ownership, NFT Marketplaces and DAOs - cc: CitizenConflict blockchaingames enterthemetaverse
Read more »
Nifty News: Fake Pokémon NFT game spreads malware, ‘Jai Ho’ singer to launch metaverse and moreRemember the guy who sings “Jai Ho”? Well, he’s launching a music-themed metaverse. Meanwhile, a website claiming to offer a Pokemon NFT trading card game has been infecting victims with malware.
Read more »
Touch, smell become the next big thing for the metaverse at CES 2023A VR headset user for fragrance marketing could let users smell various aromas from marshmallow roasting to a bed of roses.
Read more »
CES 2023: Smelling, touching take center stage in metaverseThe metaverse — a buzzword for three-dimensional virtual communities where people can meet, work and play — was a key theme during the four-day tech gathering in Las Vegas that ends Sunday.
Read more »
The Quest to Make the Metaverse a World of New Smells and Tingles“The actual metaverse—the ability to work together, talk together and play together in a 3D environment—that’s here to stay,” said Dan Nord of the space technology firm Maxar.
Read more »