The Metaverse: What's the hype all about and are there investment opportunities?
Wed Sep 14, 18:00 - Wed Sep 14, 20:30
Sandton Convention Centre
ABOUT
Business Maverick After Hours is coming to Johannesburg!
You've heard the name and you might have an idea what it's about but how exactly does this virtual world work? On Wednesday, 14 September, join Business Maverick journalist Ray Mahlaka, Vestact Asset Management’s Bright Khumalo, and Richard Frank for an in depth, eye-opening discussion (and demonstration) on the Metaverse.
The internet and technology have enabled the creation of alternative realities and virtual worlds, allowing you to visit the moon, the Himalayas, and the depths of oceans without having to fly anywhere.
The next evolution of the internet and technology is set to be the Metaverse, which is a virtual world where we can live, work, play, and travel. Think virtual reality goggles and smart glasses, and using these technology products to escape the physical world. There is a lot of hype around the Metaverse, with many industry players saying it will impact how people interact with the physical and virtual worlds. And many businesses are banking everything on the Metaverse.
Facebook’s parent company, Meta, dabbled early in the Metaverse. It poured more than $10-billion in 2021 on different software and hardware platforms to build its virtual reality and Metaverse business. JP Morgan, HSBC, Gucci, and Coca-Cola have done the same.
So, what is the Metaverse? Can it transform our lives for the better or is it simply the latest example of an overhyped technology? What does it mean for consumers, businesses, and the universe of investment opportunities?
These questions, and more, will be answered by the esteemed panelists at the live Business Maverick After Hours event!