In Episode 144 of My Metaverse Minute, Kieron reacts to investment management company Invesco pouring $30 million into Metaverse infrastructure.
Highlights
00:01 — Kieron briefly introduces this episode’s sponsor, Community Summit North America, which will take place October 10-13 in Orlando, Florida.
00:44 — Global asset manager Invesco recently announced a Metaverse-only fund, starting at approximately $30 million. Invesco aims to help Metaverse-focused companies to develop necessary infrastructure to support Web 3.0.
01:37 — Kieron contrasts the investment fund to the early days of crypto, when funds were generally backed by unknowns.
02:17 — Invesco’s dedicated fund to the Metaverse helps legitimize Metaverse development at large.
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from Web Development – My Blog https://www.techyrack.com/syndication/2022/08/24/how-the-invesco-metaverse-fund-legitimizes-web-3-0-development-acceleration-economy/
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