Virtual Economy

7 Essential Ingredients of a Metaverse

In this Article, Liz Harkavy,  Eddy Lazzarin, and  Arianna Simpson present a model for understanding the Metaverse. We have curated this article in the Metaverse CHI knowledge center due to the fact that we believe it may provide academics and professionals with a useful basis for future work.  Here is the link to read the the … Read more7 Essential Ingredients of a Metaverse

In 2026, 30% of organizations will have products and services ready for the Metaverse

According to Gartner By 2026, 25% of people will spend at least one hour a day in the metaverse for work, shopping, education, social and/or entertainment. “Vendors are already building ways for users to replicate their lives in digital worlds,” said Marty Resnick, research vice president at Gartner. “From attending virtual classrooms to buying digital land … Read moreIn 2026, 30% of organizations will have products and services ready for the Metaverse

Virtual Economies: Design and Analysis

Virtual Economies: Design and Analysis was written by Vili Lehdonvirta and Edward Castronova. In this book, authors  the basic concepts of economics—including markets, institutions, and money—can be used to create and analyze economies based on virtual goods.  Lehdonvirta and Castronova explain how the fundamentals of economics—markets, institutions, and money—can be used to create or analyze … Read moreVirtual Economies: Design and Analysis

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