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New Business Frontiers in the Metaverse

New Business Frontiers in the Metaverse
Author: Inder, Shivani
Publisher: IGI Global
Total Pages: 317
Release: 2024-05-13
Genre: Business & Economics
ISBN:

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The metaverse has emerged as an influential force, beckoning entrepreneurs to navigate uncharted territories. Platform and gaming companies strategically position themselves to take advantage of the metaverse's potential, indicating that this shift transcends mere trendiness. The metaverse isn't confined to the realms of conceptuality or viral discussions anymore—it signifies a monumental revolution poised to reshape society and humanity at large. As entrepreneurs fervently adopt artificial intelligence, an unprecedented wave of creativity ensues, redefining the very fabric of business. Yet, with this surge comes a cascade of myths and challenges that shape the metaverse's entrepreneurial landscape, spanning technological intricacies, cultural dynamics, and ethical considerations. The book, titled New Business Frontiers in the Metaverse, aims to demystify the metaverse's complexities. Moving beyond the speculative buzz surrounding the metaverse, the book unfolds as a dynamic exploration of the relationship between entrepreneurship and this digital frontier. By addressing the myths and challenges head-on, it seeks to provide a comprehensive understanding of the dimensions that entrepreneurs will confront in the metaverse. Through an exploration of integrated technologies like NFTs, Web 4.0, augmented reality, virtual reality, and mixed reality, the book offers a unique perspective on how these innovations intertwine to shape the metaverse's entrepreneurial landscape.


Consumer Experience and Decision-Making in the Metaverse

Consumer Experience and Decision-Making in the Metaverse
Author: Tarnanidis, Theodore
Publisher: IGI Global
Total Pages: 333
Release: 2024-06-24
Genre: Business & Economics
ISBN:

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Traditional marketing approaches must be more effective in a digital world where consumers seek more immersive and personalized experiences. Businesses need to help to engage with their target audience and to understand their evolving needs and preferences. This disconnect hinders their ability to create impactful marketing strategies that resonate with consumers and drive meaningful interactions. Consumer Experience and Decision-Making in the Metaverse offers a solution by exploring how the metaverse transforms consumer behavior and marketing practices. The book provides insights into immersive consumer experiences, virtual brand presence, data-driven personalization, and more through a collection of research. It equips readers with the knowledge and strategies to adapt to this new digital landscape and engage with consumers in innovative ways.


The Business of the Metaverse

The Business of the Metaverse
Author: Hemachandran K
Publisher: CRC Press
Total Pages: 316
Release: 2023-12-19
Genre: Business & Economics
ISBN: 1000989828

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The metaverse is the future of business applications and models, and this ground-breaking book points and details a complete and clear picture of how the metaverse can impact the various business segments and how the human element will be maintained within the evolutionary change. This book serves as a guide for those planning to implement and expand the metaverse in their business as well as those already using it on limited levels. Simulated intelligence innovation can reveal intricate and significant examples in robust and information-rich situations that posture difficulties for human insight. In addition, similar to other burgeoning advancements, the experience and aptitudes accumulated by vendors and consumers, alongside the steady analysis of interactions and information, empower metaverse calculations to be refined and improved. This book illustrates the current advancements and results and expands the analysis of human-centric metaverse applications to business segments and their future effects on overall enterprise management. Essentially, this book elaborates on the impact of the metaverse across business sectors through the use of case studies.


Understanding the Metaverse

Understanding the Metaverse
Author: Nicola Rosa
Publisher: John Wiley & Sons
Total Pages: 252
Release: 2022-10-17
Genre: Business & Economics
ISBN: 111991180X

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An expansive discussion of the mechanics, framework, and implications of the metaverse In Understanding the Metaverse: A Business and Ethical Guide, expert product and customer experience strategist Nick Rosa delivers a timely exploration of what is bound to be one of the most important technologies of our time. The author explains the technology that underpins the metaverse as it exists today and that will form the basis for its rapid evolution in the future. He also describes the commercial, ethical, and sociological implications of this technology, showing you the threats and opportunities that individuals and businesses are likely to encounter as they approach the metaverse for the first time. In the book, you'll discover: How the technology is shaping the human evolution and society How game mechanics and experience design are key to unlock the full potential of the Metaverse unlocking a new frontier for social interaction How Blockchain, digital currencies, and tokenomics are opening a new financial landscape for brands, creators and communities How Artificial intelligence and deep learning will shape the way businesses will conduct commerce in the Metaverse The ethical implications of designing highly emotionally impactful immersive experiences The potential dangers derived by the misuse of biometric and personal data to exploit consumer behaviour and for mass manipulation A thoroughly insightful discussion of a fascinating intersection of technology and humanity, Understanding the Metaverse belongs on the bookshelves of business leaders, technology enthusiasts, marketers, entrepreneurs, and anyone else with an interest in the next frontier of human achievement.


A Sustainable Future with E-Mobility: Concepts, Challenges, and Implementations

A Sustainable Future with E-Mobility: Concepts, Challenges, and Implementations
Author: D., Lakshmi
Publisher: IGI Global
Total Pages: 447
Release: 2024-06-21
Genre: Technology & Engineering
ISBN:

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Integrating electric vehicles (EVs) into power distribution systems presents significant challenges, particularly concerning power source dependability and grid stability. The distribution system, a critical element of the power system, is susceptible to failures and power outages exacerbated by the extensive adoption of EVs. Additionally, managing the administration, monitoring, and control of power systems in the context of EV integration is a complex and daunting task for energy experts. A Sustainable Future with E-Mobility: Concepts, Challenges, and Implementations offers a comprehensive solution to these challenges. It explores infrastructure frameworks, planning strategies, control strategies, and software applications for integrating EVs with power distribution systems, focusing on innovative grid developments. By providing insights into architectural reconfiguration, restoration strategies, power quality control, and regulatory aspects, the book equips students, researchers, academicians, policymakers, and industry experts with the knowledge needed to achieve a secure, resilient, and efficient integration of EVs into distribution networks.


Metaverse Applications for New Business Models and Disruptive Innovation

Metaverse Applications for New Business Models and Disruptive Innovation
Author: Anshari, Muhammad
Publisher: IGI Global
Total Pages: 284
Release: 2023-01-16
Genre: Business & Economics
ISBN: 1668460998

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It is expected that the metaverse will be the next generation of the internet and its online activities and will serve as the foundation for a massive online business platform. Furthermore, it will alter people's behavior, which will have an impact on businesses' decisions to choose the metaverse as their primary business platform. Metaverse Applications for New Business Models and Disruptive Innovation showcases the most recent developments in the metaverse and their implications for business and considers the challenges and best practices of implementing this technology in business. Covering topics such as augmented reality, economics, security, and business models, this reference work is ideal for business owners, managers, computer scientists, researchers, scholars, academicians, practitioners, educators, and students.


The Metaverse and Smart Cities

The Metaverse and Smart Cities
Author: Zaheer Allam
Publisher: Elsevier
Total Pages: 238
Release: 2024-03-29
Genre: Social Science
ISBN: 0443223505

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The Metaverse and Smart Cities: Urban Environments in the Age of Digital Connectivity explores the intersection between the rapidly growing metaverse and the future of cities. The metaverse is a virtual world that is increasingly gaining attention as a new frontier for human interaction and commerce. At the same time, cities are undergoing significant transformation as they face challenges such as population growth, urbanization, and environmental degradation. Urban planners and city administrators will find valuable insights on how the metaverse can be integrated into the planning and development of smart, sustainable and future cities. The book begins with an introduction to the concepts and technology of the metaverse as well as its history. It then sheds light on the current and future challenges and opportunities that the metaverse presents to cities and the quality of life of urban dwellers. It delves into the ways in which the metaverse can change cities, both in terms of their physical and virtual environments, and the impact it can have on the lives of those who live in them. It brings together the latest research and perspectives from experts in the fields of virtual reality, urban planning, and sustainability, to provide a comprehensive and up-to-date picture of this rapidly evolving field. The insights and recommendations presented in the book will be valuable to policymakers, urban planners, and technology professionals interested in shaping the future of cities and the quality of life of those who live in them. Urban dwellers will gain an understanding of the potential impact of the metaverse on their quality of life, and technology enthusiasts and real estate developers will gain insights into the potential opportunities and challenges of investing in the metaverse and its connection to cities. Provides a comprehensive and in-depth examination of the relationship between the metaverse and cities, recognizing the role that virtual environments will play in shaping the future of urban life Presents practical examples and case studies to demonstrate the possibilities and challenges of the metaverse in cities Includes the historical foundations necessary for understanding the current challenges and potential future trajectories of the technology


Entrepreneurship and Creativity in the Metaverse

Entrepreneurship and Creativity in the Metaverse
Author: Inder, Shivani
Publisher: IGI Global
Total Pages: 326
Release: 2024-03-05
Genre: Business & Economics
ISBN:

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The Metaverse, an expanding digital space, is at the forefront of a technological revolution that will redefine how we interact with the digital world. Yet, as this fascinating landscape evolves, it presents an array of complex challenges, particularly in the realm of entrepreneurship. The current literature on Metaverse entrepreneurship is notably lacking, leaving a void in our understanding of the Metaverse's potential and the role of entrepreneurs within it. Critical questions about the emergence of entrepreneurial ecosystems, the evolution of entrepreneurship frontiers, and the impact of innovation and creativity within the Metaverse remain largely unanswered. Entrepreneurship and Creativity in the Metaverse serves as a guide to comprehending and harnessing the Metaverse's vast potential. As a space with fewer limitations than the physical world, creativity and entrepreneurship have immense potential to flourish within the Metaverse. It provides a much-needed roadmap for scholars, entrepreneurs, educators, industry experts, and policymakers to navigate this uncharted territory and thrive within it.


Virtual Society

Virtual Society
Author: Herman Narula
Publisher: Currency
Total Pages: 289
Release: 2022-10-11
Genre: Business & Economics
ISBN: 0593239970

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“A fascinating, provocative case that the metaverse will not merely transform our virtual experience—it may actually enrich the quality of our lives” (Adam Grant)—from the visionary co-founder of one of today’s most innovative technology companies “This important book offers a highly persuasive argument that the metaverse, a new kind of virtual world, marks a profound next stage in this long human quest for fulfillment through creation.”—Chris Anderson, head of TED The concept of “the metaverse” has exploded in the public consciousness, but its contours remain elusive. Is it merely an immersive virtual reality playground, one that Facebook and other platforms will angle to control? Is it simply the next generation of massive multiplayer online games? Or is it something more revolutionary? As pioneering technologist Herman Narula shows, the metaverse is the latest manifestation of an ancient human tendency: the act of worldbuilding. From the Egyptians, whose conception of death inspired them to build the pyramids, to modern-day sports fans, whose passion for a game inspires extreme behavior, humans have long sought to supplement their day-to-day lives with a rich diversity of alternative experiences. Rooting his vision in history and psychology, Narula argues that humans’ intrinsic need for autonomy, accomplishment, and connection can best be met in virtual “worlds of ideas,” where users have the chance to create and exchange meaning and value. The metaverse is both the growing set of fulfilling digital experiences—ranging from advanced gaming to concerts and other entertainment events and even to virtual employment—and the empowering framework that allows these spaces to become “networks of useful meaning.” Bloomberg Intelligence recently predicted that the metaverse will become an $800 billon industry by 2024. But its implications, argues Narula, will lead to far more awe-inspiring possibilities than a spigot of cash. The arrival of the metaverse marks the beginning of a new age of exploration—not outward, but inward—with the potential to reshape society and open the door to a new understanding of the human species and its capabilities. Rigorously researched and passionately argued, Virtual Society is a provocative and essential guide for anyone who wants to go beyond superficial headlines to understand the true contours and potential of our virtual future.


Microfinance Metaverse Intervention in Changing Context

Microfinance Metaverse Intervention in Changing Context
Author: Dr. M. Sanjoy Singh, Prof. S. K. Baral
Publisher: True Sign Publishing House
Total Pages: 207
Release:
Genre: Business & Economics
ISBN: 9359885509

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"Microfinance Metaverse Intervention in Changing Context" delves into the transformative intersection of microfinance and the burgeoning metaverse. As the digital realm of the metaverse expands, the book explores its profound implications on microfinance, examining how virtual banking and digital currencies are revolutionizing grassroots financial services. Beyond traditional models, microfinance institutions are now tapping into virtual economies, leveraging immersive technologies to reach underserved populations with unparalleled efficiency. The narrative seamlessly intertwines the technological nuances of the metaverse with the core principles of microfinance, offering insights into the democratization of finance in this digital age. Yet, with innovation come challenges. The book doesn't shy away from addressing the regulatory hurdles, ethical dilemmas, and socio-economic considerations that this fusion introduces. A groundbreaking exploration, it lays the foundation for understanding the next frontier in financial inclusion in our ever-evolving digital landscape.