Liquid Avatar (LQID: CSE) (LQAVF: OTCQB) Continues Its Small Cap Web3 Leadership With Entry Into The Metaverse Through Aftermath Islands Agreement
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The internet has evolved from dot-com read only back in the 90's to Web 2.0 read and engage over the last 15 years to the current emergence of Web3 … which I can best describe as entering the Matrix (for some older investors) OR Ready Player 1 for our younger investors. The technical term is the Metaverse. First coined in Neal Stephenson’s 1992 sci-fi novel, Snow Crash, as a concept that blends digital and physical existence. It’s already a $30B market BUT we haven't seen anything yet based on the following: ENTER LIQUID AVATAR METAVERSE ENTRY WITH AFTERMATH ISLANDSAccording to Strategy Analytics, the global metaverse market size is projected to increase ~ 1,000% to $280 billion by 2025 from $30.7 billion in 2021 SOURCE … but we think that’s a very conservative estimate Bloomberg Intelligence believes the Metaverse can reach $800 billion by 2024. South Korea’s biggest asset manager, Samsung Asset Management, recently launched a metaverse fund. IS THE METAVERSE HERE?It was always coming but we just didn’t know when because we needed two things to happen - the evolution of technology and acceptance. The technology is now here thanks to AR, VR, Blockchain and the rise of NFTs, which Liquid Avatar has been at the forefront of since Day 1. Acceptance was always a bit more of a wildcard because it is a pretty big shift - but the Covid-19 pandemic was the catalyst that drove the internet to the next stage of its evolution – the ‘Metaverse’ where cyberspace becomes more of an interactive 3D space with commerce and networking alongside content, much like the worlds in popular games such as Fortnite and Roblox,Roundhill Investments, a major ETF sponsor focused on thematic and sector-specific investing stated “We Believe More Virtual Platforms Will Emerge … New virtual platforms will emerge, and they will likely exceed today’s leaders” This morning Liquid Avatar announced that it's NFT subsidiary Oasis Digital Studios Was Appointed Exclusive Agency for New Metaverse Aftermath Islands.. TThe Agreement includes becoming the exclusive agency for virtual land and items, NFTs, business development and promotion for a new, in-development metaverse, Aftermath Islands. Aftermath Islands will provide online users with theme-based first-person, Augmented Reality (AR) and Virtual Reality (VR) experiences, quests, games, and integrated eCommerce activities, creating a virtual world supported by users and brands. Oasis will receive up to 30% of the revenue from all sales, including primary Virtual Land (“VL”) and items, a portion of land and item resales, property management fees, together with a significant grant of VL and exercisable equity in the platform. If you're a small cap investor that wants exposure to the Web3 world of NFT's and The Metaverse, make sure to watch this great interview with CEO David Lucatch.