Introduction :
DECENTRALIZED STARTUPS AND INVESTMENT DAO METARISE's aim is to unlock the potential of developing economies, beginning with Asia.
The Web3 Opportunity
Web3 and "the metaverse" will be a US$13 trillion potential by 2030, according to Citibank's projections.
There are a variety of other estimates ranging from $1 trillion to $8 trillion, including those from JPMorgan Chase, Boston Consulting Group, and Goldman Sachs.
No matter how many predictions we make about the future, one thing is for sure: VC investments in web3 will grow from US$6 billion in 2021 to US$30 billion in 2022.
Venture capital firms like a16z and Paradigm have raised money totaling $2.2 billion and $2.5 billion, respectively, while others, such as Sequoia Capital and Tiger, have also stepped up their investments.
Every one of these examples exemplifies how blockchain technology, cryptocurrencies, NFTs (non-fungible tokens), decentralized financial services and decentralized applications (dApps), as well as play-to-earn games, social tokens, and decentralized autonomous organizations have propelled the sector to rapid growth in the last 24 months (DAOs).
As of Q2 2021, nearly 10% of all internet-connected people in the globe own some kind of cryptocurrency, up from 3% in Q3 2019.
Over the course of only eight months, the monthly active user population of MetaMask, the world's top non-custodial crypto wallet, went from 545,000 to over 30 million. If you're willing to take a risk, you'll be in the greatest position to enjoy the benefits of Web 3.0's early adopters.
Emerging Markets
As a result of the instability of local currencies, the developing market leads the globe in crypto adoption. In developing nations, the growing use of cryptocurrencies has provided the groundwork for successful web3 apps.
The Asian Opportunity
Web3 and the metaverse provide a US$1 trillion worldwide potential, according to JPMorgan. From 2023 to 2030, the market is expected to develop at a CAGR of 44.6 percent.
Despite the fact that Asia is home to 60 percent of the world's population, or 4.56 billion people, including 1.2 billion individuals who are deemed middle-class and consequently tech-savvy, Asia's proportion of the global economy remains at 30 percent.
This gap represents an opportunity
The area has the ability to catch up to the developed economies of the OECD and reclaim its rightful place in the global economy and the web3 economy. Asia is one of the ideal markets for Web3 because of its big unbanked population and access to permissionless financial services.
About us:
As a spin-off of Collective Campus, a business accelerator in Australia and Singapore with customers throughout the world, METARISE was founded in 2015.
Steve Glaveski, a Harvard Business Review contributor and Wiley author on the future of employment, launched Collective Campus.
Collective Campus has recognized and supported 90 early-stage firms via its corporate startup accelerator and partnership programs since hosting its inaugural accelerator in 2017, having evaluated more than 3,000 startup submissions from across the world.
75 of these 90 companies are still in operation, and 22 of them have raised a total of 185 million dollars in funding, valuing them at around $1 billion.
The Australian Department of Infrastructure has given Collective Campus a total of over AUD$1 million in grant funds to help startup ecosystem development initiatives in the nation on several occasions. Korean government partners with Collective Campus on three times to operate the Australian and New Zealand portion of their K-Startup program.
Our History in Crypto
We've been playing in the metaverse since 2015, when "web3.0" and "the metaverse" were only beginning to gain traction with the general public. Coworking and education space CoinJar and decentralized service site CanYa were among our tenants from 2015 to 2019. The blockchain and cryptocurrency played a prominent role in a number of seminars and panel discussions that we held during this time period.
Bitcoin: The End of Money as We Know It premiered in Australia during our event.
Andreas Antonopoulos, Sebastien Borget and Alex Tapscott are just a few of the thought leaders in the blockchain field whom we interviewed for our Future Squared and Metavise podcasts.
With Microsoft and Village Roadshow, we launched Asia-first Pacific's mixed reality AR/VR accelerator program in 2018.
In the same year, we started an XR startup called InSpaceXR, which has now raised over $5 million in venture capital to pursue its worldwide goals.
A decentralized corporation named Konkrete was spun off and co-founded in 2019 to fractionalize property ownership.
A new brand named Metavise was launched in 2021 to assist conventional companies transition into the web3 era. Our team has been working in technology for decades, having previously worked at top-tier management consulting companies like Accenture, EY, KPMG and CapGemini. Fast forward to 2022, and we're now completely involved in crypto, the metaverse, NFTs, DAOs and more.
Our Track Record
As a result, we've developed a knack for tracking down and providing the resources, insights, and networks needed to help startups in Asia-Pacific reach their next stage of growth.
A total of 90 early-stage firms have been fostered by Collective Campus' corporate startup accelerator and collaboration programs since their first accelerator was launched in 2017.
75 of these 90 companies are still in operation, and 22 of them have raised a total of 185 million dollars in funding, valuing them at around $1 billion.
Tokenized Community
As a16z partner Chris Dixon observed, expanding a firm historically effectively requires extraordinary entrepreneurial efforts and plenty of money for marketing and sales. But tokenized communities provide us a great tool to solve the cold start challenge. Essentially, they motivate stakeholders to participate and interact in a manner that they would have been unwilling to in a web2 environment.
Web2's token incentives are successful, but they are also significantly more equitable than the Web2 approach, which is centrally controlled. Web3 gives consumers and network builders a stake in the networks they construct, while also giving businesses access to powerful new technologies.
Governance
We think that decentralization is a continuum, and that momentum is critical when organizations are just getting started.
We'll start with a centralized paradigm and then decentralize decision-making over time in order to gain momentum.
Quality decision making, timeliness, innovation, and ultimately our aim of delivering a return to our investors and community members and helping web3 entrepreneurs throughout Asia realize their goals must not take priority over decentralization.
Voting rights and participation in investment choices will be granted to holders of $METARISE tokens. However, the scope of the ideas that may be voted on will be restricted initially. As stated in this piece, our goal is to establish and implement governance in a way that aids the company in reaching its goals.
What are the tax implications of METARISE?
Individual Members of METARISE must depend on their own tax and legal advisors when it comes to the tax ramifications of joining METARISE or making purchases via METARISE, respectively.
The DAO will be supported by MetaRISE tokens, projects, and services like NFTs. In order to utilize the fund, the investment committee of the DAO must vote in favor of the use of all capital assets stored in treasury.
Tokens require DAO members to act, hence all financial transactions here satisfy the Howey test.
Roadmap
The METARISE DAO's roadmap is expected to grow over time, however the following are some first and logical phases.
1.Raise a second fund to invest in Asia and other developing areas, including Eastern Europe, Africa and Latin America.
- Different facets of DAO governance should be decentralized.
- Build a web3-related media network.
- Consider putting your $METARISE token into liquidity pools and putting some of your own money at risk.
- Organize activities both online and in person.
- If it makes sense, consider dropping the NFT.
In the Media
Many high-profile magazines have featured us, including the Wall Street Journal, the Australian Financial Review, Harvard Business Review, Tech in Asia, Europe's Chief Executive Officer (CEO) Magazine (CEO World), Indian Management (CIO Magazine), and many more.
CONCLUSION
In the future, Web 3-powered ownership and governance will be the norm. Each party stands to gain financially from the deal. Keeping in mind that DAOs are still in their early stages, we must keep in mind that they will be built and learned in public. As a result, you should also be aware of regulatory uncertainties in different areas. You should be aware of the dangers before making a decision on a potential investment. Outsized benefits in life, on the other hand, usually go to those who take on the greatest risk and move first, as well as those who are prepared to go where others are afraid to or are unable to.
We hope you'll take advantage of this chance and join us as we explore the possibilities of the web 3.
For more information visit :
Website: https://metarix.network/
Twitter: https://twitter.com/The_Metarix
Facebook: https://www.facebook.com/The-Metarix-104132965453352
Linkedin: https://www.linkedin.com/company/the-metabox/
Telegram: https://t.me/metarix
Instragram: https://www.instagram.com/the_metarix/
"Metarix - A metaverse platform to provide secure and sustainable solution to all crypto and NFT fans"
Bitcointalk Username: AF_Nill
BSC Wallet Address: 0xB986D0FC970aF72261A0932F65c657CAc5A6D0a1
Your post was upvoted and resteemed on @crypto.defrag
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The project looks very flexible and profitable in the future. Its demands are growing day by day.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The project offers many ways to earn money for clients. It's an award-winning project which has many positive features and dealings.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I admire its continuous development. The project has very ambitious plans to conquer the market.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit