Does the metaverse need to be on the blockchain? Execs weigh in

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Landvault CEO Samuel Huber said that while the metaverse could be “powerful” without blockchain, it has much to gain from integration with the technology.

Cointelegraph reached out to Web3 professionals who argued that there are undeniable use cases for the metaverse in various industries like gaming, real estate and tourism.Clement Chia, the co-founder of the Web3 entertainment group Imaginary Ones, said major brands could integrate real-world products on new technologies like the metaverse.

Meanwhile, Samuel Huber, the CEO of metaverse-as-a-service company Landvault and social finance firm Matera, told Cointelegraph that their firm witnessed metaverse applications in tourism, real estate and sports. Similarly, Huber said that the metaverse has been used to present real estate to potential buyers across the globe. “Digital twin technology and virtual reality allow people from all around the world to view properties from the comfort of their own homes.”

“Simply adding blockchain technology on top of it doesn’t naturally solve the problem. We should focus on building great products that create emotional connections with users.”

 

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