Investment banking giant JPMorgan Chase has set up shop in the Metajuku mall.
>The bank's lounge features a spiral staircase, a live tiger, and an illuminated portrait of Jamie Dimon.
The catch? JPMorgan's newest digs aren't located in the real world, but in Decentraland -- one of the world's most popular metaverse platforms.
The bank's metaverse launch coincided with the release of a paper by Onyx, JPMorgan's blockchain arm launched in 2020, which explores the opportunities offered by the metaverse.
And JPMorgan is bullish: The bank predicts that the metaverse will become a $1 trillion market opportunity in yearly revenues, given that its virtual worlds will "infiltrate every sector in some way in the coming years," says the report.
JPMorgan is the first bank to set up a metaverse office. But it follows on the now well-trodden path of big brands, businesses, and influencers entering the metaverse. The development of the metaverse economy has created jobs both online and offline.
Companies, from apparel to tech firms, are on a metaverse hiring spree. JPMorgan predicts that some individuals will become the "gig workers" of the metaverse -- earning income by providing services in the virtual world. JPMorgan has been undertaking efforts to build out its blockchain and crypto expertise and infrastructure.
Do the rothschilds own it? If not I assume we will be invading the metaverse
Evan Mitchell
metaverse will succeed not because its good, in fact it's one of the most sub-par VR simulators, but because it has built in users and it has money backing it. That's pretty much it
Jacob Torres
Don't care. Will never know what the metaverse is or what it looks like. Never taking the Vax. Never jacking into meta.
Nathaniel Turner
no it's bound to fail, VR makes you blind. That's why it will never work, no one will use a headset that makes you sick and blind after a few months
Levi Howard
They are making the world as shitty as possible to trap us all in the metaverse.
Grayson Barnes
proofs of blindness?
Dominic Wright
>metaverse >mateverse >matevix >matrevix >matrix What did they mean by that
Can you explain a person, who never had a VR set and abandoned facebook years ago wtf is it useful for? Like how is it different from minecraft other than you can track your body movements to do what? Walk into jp morgan chase branch and shit on a tiger? What's a selling point?
>Metajuku mall >Metaverse Who the FUCK uses the metaverse. Genuinely asking. The only thing I've seen about it is two ads on jewtube. I havemt seen a single person anywhere talking about it
