Metaverse can’t be built on the corporate business model, says EY innovation lead

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Jones believes the established firms need to focus on community engagement first before jumping on a trend like NFTs.

Jones said that younger generations would set the trend in the Metaverse and older generations have to sit back and take note.

He went on to talk about the nonfungible token (NFT) frenzy i and whether it’s necessary for established brands to experiment with nascent tech.

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Author / Journalist: Cointelegraph By Prashant Jha

Category: Crypto

Topics: Crypto Collectibles Metaverse

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-27, 14:14:30

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 2 minutes read

Article Length: 311 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 16379

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 23 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 18h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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