JPMorgan becomes the first US bank to open a virtual office in the metaverse

JPMorgan becomes the first US bank to open a virtual office in the metaverse
фото показано с : invezz.com

2022-2-16 11:31

Wall Street is joining the metaverse, and JPMorgan is taking the lead by launching a virtual office on Decentraland. Decentraland is a virtual world based on blockchain technology. Decentraland has been ranked as one of the largest metaverse projects.

JPMorgan Chase ventures into the metaverse

JPMorgan Chase is the first US bank to have a virtual office. Through the Onyx Lounge, customers can access Ethereum-based services. In a paper, JPMorgan said that immense opportunities lay in the metaverse.

Christine Moy, the head of crypto and the metaverse at JPMorgan, said that the launch of this virtual space stemmed from increased customer demand. The bank has also released a white paper to allow its clients to learn about the metaverse. According to Moy, the virtual world had much potential to transform the lives of its customers.

In the whitepaper, JPMorgan said that the value of parcels of land inside virtual worlds had significantly increased. During the second half of 2021, the value of virtual real estate almost doubled from $6000 to average at $12,000 by year-end.

According to the banking giant, the value of the virtual real estate would soon reach the value of physical real estate. It also added that real estate services such as mortgages, rental agreements and credit could soon become a reality in the virtual world.

JPMorgan also says that immense profitable opportunities lay in the metaverse. These include advertising in the virtual world, which JPMorgan estimates will be valued at over $18.41 billion by 2027.

The metaverse boom

The metaverse has become quite popular across different industries. The metaverse is a virtual world that allows people to access digital currencies, virtual meetings, e-commerce and gaming. Some popular metaverse worlds include Decentraland, The Sandbox, Somnium Space and Cryptovoxels. Due to the increased popularity, brands are taking a chance to invest in the metaverse. Samsung, an electronics company, based in South Korea, announced opening a virtual store on Decentraland. The virtual store is similar to its flagship store in New York. Last year, Barbados launched a virtual embassy on Decentraland.

The post JPMorgan becomes the first US bank to open a virtual office in the metaverse appeared first on Invezz.

origin »

Metaverse ETP (ETP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0117667
Капитализация $0 Rank 99999
Цена в час новости $ 0.1366 (-100%)

metaverse virtual decentraland jpmorgan office based blockchain

Источник: invezz.com

metaverse virtual → Результатов: 126


Cheers to That: Here’s How You Can Party in the Metaverse

While the idea of the Metaverse still might seem like it came straight out of science fiction, the exciting new era in the tech world is now officially a reality. For those that need a refresher, the Metaverse is an interconnected virtual space that merges the virtual versions of elements of the physical world and the physically persistent virtual world.

2022-4-7 07:48


Фото:

WhiteBIT Becomes First Crypto Exchange To Build Its Virtual Office In The TCG World Metaverse

You’ve surely noticed how the metaverse is growing in popularity by the day, aided by Facebook’s deliberate decision to rebrand to Meta and create their own metaverse. People are buying virtual land for enormous quantities of money, and big companies like Nike and Adidas are constructing virtual places in blockchain-based games like The Sandbox and […]

2022-2-2 01:20


Is the Future of the NFT Metaverse Self-Built Worlds?

‘Metaverse’ is a term that has recently become ubiquitous in crypto, doubtless due to the success of immersive virtual projects like Decentraland and Iluvium. The metaverse describes a vast ecosystem of often interconnected virtual environments, where players can interact with one another, explore parallel digital worlds, and buy and trade tokenized collectibles with real-world value.

2021-10-1 10:47


Фото:

Blockchain Venture Capital IgnisVC Signs MOU with TikTok for NFTs and Metaverse

Leading blockchain venture capital firm IgnisVC (IGNISVC) today announced a strategic partnership MOU with TikTok. IGNISVC Inks Strategic Partnership with TikTok Seoul, South Korea-based blockchain venture capital company IgnisVC’s strategic partnership with TikTok is aimed toward fostering business collaboration and advertising partnership with Virtual Contents, Metaverse, NFT Marketplace, and TikTok Shop Commerce.  With the latestRead More

2021-8-17 13:00


Фото:

Jay-Z’s Entertainment Firm Roc Nation Buys Sensorium’s Metaverse Crypto Tokens

On Wednesday, the full-service entertainment company founded by influential hip-hop artist Jay-Z, Roc Nation, revealed the firm has purchased tokens from the Sensorium Corporation. The tokens Roc Nation bought are called senso (SENSO), the in-platform currency of Sensorium Galaxy, an entertainment-focused metaverse that fuses cryptocurrencies with virtual reality (VR).

2021-7-7 18:00


Binamon’s Monster Metaverse Tops ERC-721 Transactions on Binance Smart Chain

Press Release: Binamon is a complete metaverse that pits mythical monsters in an all out battle for dominance, and has recently topped the ERC-721 transactions list on BSC. 19th June 2021, Tallinn, Estonia: Gamers can enjoy fighting their unique virtual creatures leveraging Binance Smart Chain blockchain and reap rewards as their dragons, hippogriffs, unicorns and […] The post Binamon’s Monster Metaverse Tops ERC-721 Transactions on Binance Smart Chain appeared first on NullTX.

2021-6-19 18:52


Dvision Network’s Limited-Editions NFT Characters Auction on OpenSea

OpenSea, the world’s largest Non-fungible token (NFT) market will host one of 2021’s hottest NFT auctions later this month. Dvision Network, a blockchain-based ecosystem, and virtual reality metaverse gaming platform has recently announced the release of five unique, limit-edition NFT characters and has chosen the OpenSea platform to host the auction as the biggest and … Continued The post Dvision Network’s Limited-Editions NFT Characters Auction on OpenSea appeared first on BeInCrypto.

2021-3-25 19:49


Decentraland (MANA) ввела настраиваемые аватары

Первая платформа виртуальной реальности, принадлежащая своим пользователям, Decentraland (MANA) объявила, что в Genesis City появятся настраиваемые аватары. We’re excited to introduce Avatars for Decentraland! Express your virtual self and explore the metaverse in style with a truly one-of-a-kind avatar.

2019-4-25 11:19


Фото:

NEOS Metaverse: the Future of Virtual Reality

As technology advances, scientists have been working on building a new world through virtual reality. No team is working harder to make this dream a reality than Neos. While some progress has been made in this area of computer science, the virtual reality so far only allows one user to build things, usually not even […] The post NEOS Metaverse: the Future of Virtual Reality appeared first on ZyCrypto.

2019-2-5 21:53


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Дата-центры, связанные с ИИ могут стать причиной пожаров в электросетях США

Распространение питающих искусственный интеллект дата-центров может привести к проблемам в энергосистеме США. Об этом говорится в новом отчете Bloomberg. Агентство обнаружило, что больше половины домохозяйств, в которых фиксируются наиболее сильные искажения электропитания, живут в пределах 32 км от крупных ЦОД.

Sonic Labs and Immunefi to offer $2m bug bounty program

Sonic Labs, the team behind the Ethereum Virtual Machine (EVM) layer-1 blockchain Sonic, has partnered with Immunefi, a leading bug bounty platform, to launch a $2 million bug bounty program. In its announcement on X, Sonic Labs said it had…

Real estate AI platform Janover to accept crypto payments

Janover, a publicly-traded real estate platform tapping into artificial intelligence, is set to accept Bitcoin and crypto for payments. The Nasdaq-listed company announced on Dec. 30 that it will accept payments in Bitcoin (BTC) and top altcoins Ethereum (ETH) and…

Christmas gift as MOVE, BGB, ZEC lead altcoin gainers

Cryptocurrencies, including Movement, Bitget Token and Zcash, celebrated massive gains as Santa’s gifts showed in significant price rallies on Dec. 25. With Bitcoin (BTC) reclaiming some footing after trading to near $92,000 on Dec. 23, the gains to above $98k…

Crypto taxes: What does regulation look like around the world?

Cryptocurrencies are becoming increasingly integrated into the modern financial reality, and like any other asset, they are subject to taxes. As a relatively new and rapidly growing asset class, cryptocurrencies attract increasing interest from investors and governments. As the global…