Gartner predicts that 25% of people will spend at least one hour a day in the Metaverse by 2026 either for work, shopping, education, social or entertainment. McKinsey found that the Metaverse could be worth US $5 trillion by 2030 and the opportunity is simply ‘too big to ignore’. But what exactly is the Metaverse, how does it work, and what are its key building blocks? What are the seven layers of Metaverse and why are the big technology firms taking such a keen interest in them? In this episode of One Vision, Theo and Arun chat with René Schulte, Director of Global Innovation at Valorem Reply and Leader of the Spatial Computing and Metaverse practice at Reply, on the opportunities and challenges of this new immersive Internet. From form factor and social acceptance, to interoperability and responsible usage, what does the future hold? Do we need virtual bouncers for the Metaverse? Tune in and find out!

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