Huge news. Disney is muscling their way into the metaverse.

It is only a matter of time and it's now official. Check this article from Bloomberg.

https://www.bloomberg.com/news/articles/2022-07-15/polygon-crypto-jumps-on-disney-selection-for-accelerator-program

They will most likely be using Polygon to introduce their own Disney tokens.

Polygon is a layer-2 solution for the Entered blockchain. Super fast and cheap transaction. How can you not love Polygon.

The Sandbox Game and Decentraland have already made the move to Polygon mainly due to this.


Disney is a massive brand worldwide.

When they get on board the crypto and metaverse train, they will potentially bring in a HUGE number of people not already in crypto.

Hopefully, smart people in Disney will think of ways to simplify the onboarding of their fans to Disney's own NFTs and digital tokens.

At this stage of the Metaverse, what we can see is the start of onboarding more people.

I would say we have passed the stage of innovators. They are the first few people with the vision of the future.

Right now what we are seeing is the stage of early adopters coming in.

Have a look at this graphic to get a better understanding.



I'd say I am part of the early adopters and I can't wait to help onboard others into the Metaverse.


Anyway, let's get to the point of this post.

The Metaverse in 2025 (about 3 years from today) will most likely be at the early stage of the Early Majority part of the adoption curve.

In 2025, NFTs would be used by quite a lot more people. Let's imagine a few use cases that will be quite important and pervasive in the modern society.

Membership
A loyalty card with a restaurant or a branded clothing shop (think NIKE, GUCCI, Pizza Hut etc) will go digital. This loyalty card, or we can say a membership card will be a digital one. This is an NFT that is stored in a digital wallet that you have control over. This card can be transferred to any other wallet by means of a direct transfer without any monetary exchange. Or if you so wish, you can trade it. You can sell this NFT because it has value in the open market.

Lower cost of education
Institutions of higher learning can sell their entrance fee to their courses as an NFT. And when the student has graduated, he or she can sell this NFT to anyone who wishes to take up any course in that institution. This will make education a lot more affordable.

Royalties earned for the creator of the NFT
Any time that the NFTs are traded, a percentage of that monetary transaction can go to the creator of the NFT. The school that sells the entrance ticket to their courses as an NFT can receive a portion of that resale value in the market place. Every single time it is transacted.

Augmented Reality
in 2025, I assume that Augment Reality devices would be at the start of the adoption stage. This will be very interesting because through AR, we will experience a little bit of the Metaverse. It will not be like a Virtual Reality experience. But it will be quite immersive.
Imagine wearing a simple white shirt manufactured from a company that also has a presence in the Metaverse. They make in-real-life physical items that has their digital counterparts that look more fancy, and possibly animated. In real life, that white shirt will look plain and simple. But when viewed using an AR device, that white shirt will look dramatically different.
For the tech savvy, this will be a major flex. But for those who are not, they wouldn't have a clue.

Interoperable NFTs in various metaverse platforms
I can foresee there will be many different platforms. And a company like NIKE possibly, can create a single NFT that can be used by all these different metaverse platforms. For example, you have the Nike NFT which you can use when you visit a real life store to purchase an item like a shoe at a discount. The same NFT can also track that purchase enabling you to use that shoe in the Metaverse platforms like the Sandbox Game or Decentraland, or perhaps Meta's own platform. You can see this digital shoe using your AR devices! You can use it when you go to a concert in the Metaverse. You can use it when you play in the Metaverse.



We are already entering a new age in this world. I would say the Ethereal era.

We can now truly own an asset that is digital in nature. An asset that lasts forever and has use cases that will always evolve as years go by.

Welcome to the Ethereal world.

What a crazy month it has been in the crypto world / web 3.

Crypto and NFT Bear market, Luna crash, Otherdeeds for the Otherside minting fiasco. That's really a lot to stomach.

For those who lost tons of money invested in UST and/or Luna, I feel you. It's just devastating.

For those who didn't invest in it but thought you should have weeks before this crash; well this is a wake up call.

Only invest what you can afford to lose.

Only invest in BTC because there is no single point of failure.

All other crypto currencies and stablecoins are just like FIAT.

Take your crypto gains and convert them to BTC. You'll sleep better.


As for the Otherdeed NFT launch, Yugalabs really disappointed a whole lot of people. Lot's of people were ready with about 0.5 ether at most for gas.

And then the typical gas wars happened. People with a lot more ether in their wallet pushed up the price of gas to about 2.4 Ether just so their transactions will go through.

WTF.

Yugalabs did compensate those with failed transactions. But still this launch should not have gone the way it did.


Anyway, this bear market in NFT will be another opportunity to get in good metaverse project like this at a MUCH lower price. I'm watching and will pull the trigger when the price is right.


As for Bitcoin, it hasn't seen the 80% correction from it's all time high of 69k USD. That's 14k USD. Be ready. This will be an opportunity of this decade.


The bear market right now is not just in the crypto space but also in the tradFi stocks.

Coinbase stock price is beaten to a super low level that I think this will be an amazing buying opportunity. I will be watching this.