5 ways companies are cashing in on the metaverse


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Ever since Facebook rebranded as Meta, the metaverse has gone viral. It’s a new virtual vision of the internet and it’s about to change your life. Here are five of the the coolest applications to date.

#5: Luxury fashion

Dolce & Gabbana has already minted millions in the metaverse: 5.7 million, to be exact. At its Alta Moda show in Venice, Italy, the brand sold four pieces that were solely digital: Three men’s jackets and the Impossible Tiara, a crown that Dolce & Gabbana claims is made of “gems that can’t quite be found on Earth.”

#4: Weddings

It’s not yet legal but Traci and Dave Gagnon didn’t care. They got married in the metaverse over Labor Day weekend.  The couple — or rather, their digital avatars — held a ceremony staged by Virbela, a company that builds virtual environments for work, learning and events.

#3: Workplace

Microsoft is working on something called Mesh that allows people in different locations to join shared holographic experiences. Now you can join a meeting remotely but still sort of be in the same room to collaborate with your co-workers using an avatar that best represents the real you.

#2: Dating

If you thought dating was weird IRL, try your best pick up line using your avatar. Match.com and Tinder are bringing dating to the metaverse with a product called Single Town.  It lets singles move around different virtual locations like a bar or restaurant and have actual conversations using real-time audio. Testing has already begun on college campuses across Seoul, South Korea.

#1: Music

Remember when the music industry fell behind in the transition from CDs to digital downloads? Not this time.  Universal Music Group and digital-avatar company Genies have built animated versions of some of their biggest real-world artists. Justin Bieber has a music video with his avatar while Rihanna used hers in a tweet to promote her company Fenty.

Full story

Ever since Facebook rebranded as Meta, the metaverse has gone viral. It’s a new virtual vision of the internet and it’s about to change your life. Here are five of the the coolest applications to date.

#5: Luxury fashion

Dolce & Gabbana has already minted millions in the metaverse: 5.7 million, to be exact. At its Alta Moda show in Venice, Italy, the brand sold four pieces that were solely digital: Three men’s jackets and the Impossible Tiara, a crown that Dolce & Gabbana claims is made of “gems that can’t quite be found on Earth.”

#4: Weddings

It’s not yet legal but Traci and Dave Gagnon didn’t care. They got married in the metaverse over Labor Day weekend.  The couple — or rather, their digital avatars — held a ceremony staged by Virbela, a company that builds virtual environments for work, learning and events.

#3: Workplace

Microsoft is working on something called Mesh that allows people in different locations to join shared holographic experiences. Now you can join a meeting remotely but still sort of be in the same room to collaborate with your co-workers using an avatar that best represents the real you.

#2: Dating

If you thought dating was weird IRL, try your best pick up line using your avatar. Match.com and Tinder are bringing dating to the metaverse with a product called Single Town.  It lets singles move around different virtual locations like a bar or restaurant and have actual conversations using real-time audio. Testing has already begun on college campuses across Seoul, South Korea.

#1: Music

Remember when the music industry fell behind in the transition from CDs to digital downloads? Not this time.  Universal Music Group and digital-avatar company Genies have built animated versions of some of their biggest real-world artists. Justin Bieber has a music video with his avatar while Rihanna used hers in a tweet to promote her company Fenty.