All the ways marketing and advertising are shaping the metaverse
- The metaverse is getting a big boost from Facebook, Microsoft, and other tech giants.
- Marketers are scrambling to play in these virtual spaces, with NFTs, gaming integrations, and more.
The "metaverse" recently got a big boost from Facebook parent Meta, which is pouring $10 billion into its ambitions there. Other big tech companies including Apple, Google, and Microsoft are working on their versions of the concept.
The vague term refers to a variety of shared spaces and assets that people can access via the internet, sometimes using virtual reality and augmented reality devices, and interact with each other and buy virtual goods.
But Facebook itself says the payoff won't be immediate, and top executives have widely differing expectations of what the metaverse means to them.
Here's a breakdown of Insider's coverage of how marketing is shaping the metaverse and the key people to know.
Read more: Advertisers look to capitalize on the metaverse hype
Here's what 14 top executives are saying about the 'metaverse'
Metaverse gaming, VR, crypto, NFTs
Companies of all stripes are racing to enter the metaverse, whether that means building experiences there, engaging in gaming, or buying NFTs using crypto.
Here's a rundown of the ways they're dabbling in the metaverse and Web3; the opportunities for creators, Hollywood, and more; and risks.
Wendy's top marketer breaks down how it's using the metaverse to win the burger wars
Microsoft is building an ad program that will let brands advertise in Xbox games
Experts, jobs in the metaverse
Interest in the metaverse is driving hiring at companies and the creation of new industries.
Agencies like Vayner Media and Roblox leaning heavily into the metaverse, while startups like Curio are raising money on the promise of NFT platforms.
Here's a rundown of the people and companies to know and tips for getting hired.
Read more: 12 marketers and dealmakers leading the crypto industry's multibillion-dollar spending spree on sports
24 agency executives leading advertisers' charge into the metaverse and Web3
Top advertising executives in gaming and esports
The metaverse is driving investment
Companies are raising millions on the promise of helping build the metaverse. Here's a sampling of all the ways investors are driving growth in the space.
Read more: See the pitch deck Web3 gaming studio Red Door Digital used to raise $5 million in seed funding
2022 is shaping up to be a big year for advertising M&A. Here are 10 trends to expect, from a jump in e-commerce ad deals to a surge in event marketing interest.
See the pitch deck create-to-earn metaverse startup Chillchat used to raise $1.9 million in seed funding