Breakdown: Real profit and loss in the metaverse

Breakdown: Real profit and loss in the metaverse - @GinaChon - @olivertaslic -

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1/28/2022 5:47:00 PM

Breakdown: Real profit and loss in the metaverse - GinaChon - olivertaslic -

Mark Zuckerberg is on the case, and nascent virtual spaces like Decentraland could be the next social-networking hit. Breakingviews unpacks the metaverse, what it offers users and investors, and the risks.

Context NewsSamsung Electronics said on Jan. 6 that it is launching a temporary virtual store on Decentraland, a metaverse platform. Samsung 837X, as it is called, is modeled after its physical flagship location in New York City.Separately, metaverse platform the Sandbox said on Dec. 23 that PricewaterhouseCoopers’ Hong Kong office had acquired a virtual site. PwC partner William Gee said the move is part of advising clients interested in the metaverse. The terms were not disclosed.

Source: REUTERS/Tyrone Siu/File PhotoVisitors are pictured in front of an immersive art installation titled"Machine Hallucinations — Space: Metaverse" by media artist Refik Anadol, which will be converted into NFT and auctioned online at Sotheby's, at the Digital Art Fair, in Hong Kong, China September 30, 2021.

Read more: ReutersBreakingviews »

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Cancel Context News Samsung Electronics said on Jan. 6 that it is launching a temporary virtual store on Decentraland, a metaverse platform. Samsung 837X, as it is called, is modeled after its physical flagship location in New York City. Separately, metaverse platform the Sandbox said on Dec. 23 that PricewaterhouseCoopers’ Hong Kong office had acquired a virtual site. PwC partner William Gee said the move is part of advising clients interested in the metaverse. The terms were not disclosed. Source: REUTERS/Tyrone Siu/File Photo Visitors are pictured in front of an immersive art installation titled"Machine Hallucinations — Space: Metaverse" by media artist Refik Anadol, which will be converted into NFT and auctioned online at Sotheby's, at the Digital Art Fair, in Hong Kong, China September 30, 2021. Subjects