TrueValueMetrics ... Impact Accounting for the 21st Century


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Date: 2024-10-31 Page is: DBtxt001.php txt00023193

METAVERSE
DIGITAL FOUNDATION
Conversation Joe Tsai, Adrian Cheng, and Yat Siu ... 2030 is a major
milestone for many global agendas, what will the metaverse look like by then?

PLAY YOUTUBE VIDEO

Original article: https://www.youtube.com/watch?v=noTy91bVep8

Peter Burgess COMMENTARY
This discussion raises a huge number of interesting questions that simply don't fit with the 'thinking' that is learned in the process of most conventional education. But something important is clearly going on and whatever this is, the understanding of it is neither deep nor widespread.

In the discussion it was mentioned that young people are spending much of their waking time engaged with some form of digital interactopm ... way more than older people like myself who are almost completely missing.

One of the thoughts that came to me as I was watching the video was that much of the common and almost universal concept of money is about as 'flakey' as the concept of the 'metaverse' that is being talked about. When viewed in this light, the ideas that are foundational for the 'metaverse' become quite reasonable. It is almost possible to think of the core of metaverse accounting to be a money for the 22nd century!

For someone with my educational and experiential background, the idea that the emerging 'metaverse' is a essentailly a logical improvement to the basic accounting ledger that has been around for hundreds if not thousands of years, a ledger that does not easily get erased in order to hide misfeasance of any type.

I don't have a full understanding of the 'metaverse' as described in this discussion ... but I am a lot closer now than before I watched the discussion.
Peter Burgess

Introduction

2030 is a major milestone for many global agendas, what will the metaverse look like by then?

Alibaba Entrepreneurs Fund 阿里巴巴創業者基金

May 20, 2022

911 subscribers ... 1,375 views ... 18 likes

SPEAKER: Joe Tsai ... Executive Vice Chairman ... Alibaba Group

SPEAKER: Adrian Cheng ... CEO ... ew World Development Company Limited

SPEAKER: Yat Siu ... Co-founder & Chairman ... Animoca Brands

0:00 Introduction
6:24 The meaning of Metaverse
12:43 The project of Sandbox
15:17 The idea of owing a digital land
19:27 What is the ultimate purpose for owing a digital land
22:17 Can Sandbox increase more supply for virtual land
27:53 How is the behavior of a New Generation and trend will influence the Metaverse
34:15 The idea of decentralization and why that is more secure than a centralized system
38:50 How do we make blockchain more efficient from an ESG stand point
42:40 What kind of NFT art does Adrain apperciate

Joe Tsai ... Executive Vice Chairman ... Alibaba Group

Adrian Cheng ... CEO ... New World Development Company Limited

Yat Siu ... Co-founder & Chairman ... Animoca Brands

The text being discussed is available at

and

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