Although the COVID-19 pandemic has destroyed certain industries such as tourism and retail, other completely new industries have emerged. Two years ago, the concept of “meta universe” was almost unknown. Today, the term is everywhere online, with new companies and funds entering the field every week-billions of dollars have poured into the industry.Just last week, Mark Zuckerberg Announce Facebook will become a metaverse company.
At the same time, few “Metaverse” companies have real scale or customers, which makes it easy for onlookers to see it as a trend that may be extinguished. We will warn against this.
The last time we saw such a boom was in the cryptocurrency space in the mid-2010s.Those who joined the crypto trend in the early days-think about it Mike Novogratz, Joseph Rubin, Taylor with Cameron Winklevos, with Anthony Pompgliano -Now considered to be a true expert on the subject. They also gained tremendous wealth by acting quickly when they first spotted an opportunity.
This is because new industries can open up plenty of opportunities for those who are sufficiently creative and agile to identify new niches and reinvent themselves. They also create opportunities for underrepresented people, because when no one in the world really has relevant work experience, the traditional recruitment requirements for previous relevant work experience become invalid. This reminds us of an old adage of the Dutch philosopher Desiderius Erasmus of Rotterdam: “In the blind place, the one-eyed man is king.” If no one is an expert, then everyone is Have the opportunity to become an expert.
Now is the time for adventurous and ambitious people to plant a banner in the nascent Metaverse industry, because today’s Metaverse startups will become one of the Fortune 500 companies of tomorrow.Although this sounds far-fetched, think about Coinbase-now Pay attention to More than 54 billion U.S. dollars-established in 2012, when 1 Bitcoin (Bitcoin) The price is about $12, and it’s something hackers messed up in the dormitory.
It is at this point where this industry is forming—just like the original ooze—the opportunity is greatest, not only for economic gain, but also for personal brand building. When you join a company in the earliest stages of a new industry, you not only become a co-founder of the company, but also a pioneer in the industry. These early employees laid the foundation for the entire industry, shaped its development trajectory, and formulated the spirit and basic rules. Around Metaverse, a new generation of leaders will emerge. Now is an exciting time to consider becoming one of them.
Metaverse’s work will cover everything from blockchain and game programmers to animators, designers, marketers, and even accountants, recruiters and lawyers. Small businesses in the real world can become large businesses in Metaverse, where business owners are not burdened by the dangers of retail entities. Amazon stores and Etsy stores can become metaverse gold mines, where customers can interact with products in 3D and conduct seamless transactions due to the convenience of blockchain technology.
Great opportunity for women
Despite the growth of all these industries, as two women working in the metaverse industry, we often find ourselves the only women in a male-dominated work call. A few months ago, when we first discussed the new opportunities offered by these uncharted territories, we had the following dialogue:
Julia: Do you think the Metaverse industry will be different from the crypto industry, and there will be more women in senior positions?
Jenny: Well, I have to dig deeper into my professional history to make this connection. In my early twenties, when I was working in private equity in New York City, I was recruited to work for a casino gaming company in Las Vegas. At that time, Vegas was experiencing its own gold rush, and they had to hire local talents who could cope with the extreme growth, so they recruited from coastal areas. When I went to Las Vegas for interviews, I met a lot of women in very senior positions-which was very different from the male-dominated workplaces in New York City that I knew.
Julia: What does this have to do with women’s job opportunities?
Jenny: The boom will create a shortage of talent, which means that hiring managers must think creatively about how to fill the vacancies. All those unconscious (and conscious) biases that often keep women away from the main seats are pushed aside, just to fill in the work that needs to be done. As a result, women who appear in these rare windows of opportunity will often find themselves in the right place at the right time. The qualifications and experience they gained make them priceless. This is exactly what is happening in the meta universe today.
In short, the metaverse industry today provides huge opportunities for women. Simply search for the word “metaverse” on the LinkedIn job page, and you will find that there is almost no other job besides Roblox. But at the current rate, there will be thousands of Metaverse jobs in the near future. Given our current low unemployment rate, opportunities will abound.
Scientific evidence Suggest Women are more risk averse than men, which may (among many other reasons) explain why women are underrepresented on boards of directors, top management, and other power positions. However, it can be said that this difference in risk-taking behavior between men and women can be largely attributed to “acquired” and cultivated social norms, rather than “instinct.” Risk tolerance and attitudes are not completely static. Metaverse provides opportunities to rewrite history and build a fairer (albeit virtual) society.
Web 3.0 is here, and the virtual world represents a piece of white paper-an opportunity for women (not just men) to enter and leave their mark on Metaverse. (Please note that earlier in this article we mentioned that the pioneers who devoted themselves to cryptocurrency in the mid-2010s were almost all men.) History has a tendency to repeat itself.
But this time, the situation may be different. Here is what we know:
- Metaverse is still in its early stages.
- Early stage means high risk.
- High risk may mean high return.
The core idea of Metaverse is that everyone is an avatar. In Metaverse, talent trumps any prejudice, including appearance. Metaverse is opening a new parallel economy for participants willing to immerse themselves in the global community that builds them. It’s time for women to take risks and invest.
This article is created by Jeanne Yorio with Julia Schwartz.
This article does not contain investment advice or recommendations. Every investment and trading action involves risks, and readers should research on their own when making a decision. The views, thoughts and opinions expressed here are only those of the author, and do not necessarily reflect or represent the views and opinions of Cointelegraph.
Jeanne Yorio He is the co-leader of Metaverse/NFT’s innovation and investment platform Republic Realm. Previously, she was the CEO of Compound. Janine has a bachelor’s degree from Yale University.
Julia Schwartz He is a director of Republic Realm, a Metaverse/NFT innovation and investment platform. Previously, she managed investor relations at Neuberger Berman Private Equity. Julia holds a bachelor’s degree from Georgetown University.