While Facebook’s transition to “Meta” caught the media’s limelight, there will be hundreds of companies building the metaverse. These companies are still in their early days, but the potential is there for a powerful and innovative new internet.
A pair of entrepreneurs, Mike Vitez and David Taylor, see this potential and are launching Limitless. This integrator will help 300 companies establish themselves in the metaverse in the next five years.
“Metaverses are going to be the new kind of Internet because of their decentralized nature,” Mike Vitez says.
“There will be many metaverses that users can access and use interoperably.”
David Taylor agrees:
“The metaverse is the first real use case of Web3 – cryptocurrencies have been around for a while but this is the first time when decentralization and true digital ownership became at the forefront of technology.”
The Need For a Metaverse integrator
Both Mike and David see a need for a system like Limitless.
“It needs a good idea and good people, money and market,” Mike says.
“This is what we can provide in one system. If we get service providers and a market, the community and also people outside the community who could join the community, and also if we put money into company creation, then we will have everything to catalyze and accelerate the whole ecosystem.”
The integrator has several advantages for startups.
“If you’re a startup you will need these things: money, people and market,” Mike says.
“We will be the umbrella organization that can provide all of these things because we are an ecosystem player. This is what every startup needs to be successful from their perspective.”
A Long-Term Time Horizon
David sees the 300 companies goal as reasonable.
“300 is a reasonable number that can be achieved in five to seven years.” he says.
“As we currently have S&P 500, we’re launching the first generation of Metaverse startups, essentially creating Limitless 300 as an index for the industry.”
Both Mike and David are excited about the future of the metaverse. They see Limitless as a catalyst for innovation and growth. With their experience and dedication, their metaverse integrator is poised to help startups change the internet landscape.
Limitless is no short-term project – it’s a long-term commitment to the metaverse and the startups that will help build it. As Mike notes, “if we start from the assumption that metaverses are the new kind of Internet, we can see that there is a big need for a system like Limitless. We’re playing the long game.”
Just as the Internet transformed the way we live and do business, the metaverse will do the same. With the help of integrators like Limitless, the metaverse will grow into its full potential, changing the way we interact and do business online.
Overnight successes aren’t the goal of Limitless. As Vitez explains, “we can create a brand new ecosystem in the web3 world.” And that’s something that will take time.
But with the right tools in place, that’s definitely something that’s within reach. The metaverse is the next step in the evolution of the internet, and with Limitless serving as an integrator and gateway, it’s well on its way to becoming a reality.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://cryptodaily.co.uk/2022/04/understanding-the-5-year-horizon-of-a-metaverse-integrator