Transfer of Wealth in the Metaverse - MFI Series1, #61 - E-book - ePub

Many people think the transfers of wealth in 2008 and 2020 were egregious signs of the richer getting richer. And maybe these recessions did prove that those with assets prosper more than those who are struggling. However, the move to the metaverse will signal the biggest transfer of wealth ever! Let me be clear, if you are not creating content for the metaverse, you will be left behind. If you are a consumer buying NFTs to add visual flair to your avatar, you will be left behind. People are creating simple artwork and selling it for millions of dollars.
If you habitually collect items in the real world, there will be even more to buy in the metaverse. The producers (3%) will now feed the consumers (97%) an unlimited content stream, ensuring consumers always have something "fresh" to purchase. The producers will continue to get richer. Which side do you want to claim?