Metaverse interoperability: Avatars trailblaze new business model

Published on January 19, 2023

In our brochure “Unlocking the metaverse” we describe (among other things) our vision of the metaverse and the key characteristics it’s built upon. Rather than being a single place and point of contact, we believe that the metaverse will be a web of many interconnected services, environments, and experiences.

A true metaverse, therefore, requires true interoperability (e.g., powered by the blockchain) with virtual goods, ownership records, and identities that can travel between digital worlds.

By its nature, metaverse interoperability also creates opportunities for products and services that specialize in specific metaverse components. Ready Player Me is such a service for metaverse avatars. The platform streamlines all activities around virtual avatar creation, use, and monetization. The service focuses on all…