What’s up, MetaverseBay here.

We share what newcomers should know, what experts can be updated on, and what others might find interesting.

Let’s get down to it.

This week brings us our first special edition.

What’s in store?

Something we’ve been working on for a while and are excited to present!

If you’ve ever needed a metric to measure the strength of the metaverse market you’re in luck!

A New Way To Measure The Metaverse

Exclusive to MetaverseBay we have created a measure of the market to help creators, curious people, and users get an idea of market strength.

We must first stress that this indicator is only for educational purposes and is not intended to be financial advice, nor should it be interpreted as such.

Called the “Metaverse Presence Index” we use a measure of 0-100 to indicate the current interest of the public in the metaverse.

We utilize a variety of blockchain information, market data, social media relevance, trends, and other data to create a complex but comprehensive measure of public interest.

The values of 0 and 100 represent “The Metaverse Is Dead” and “The Metaverse Is Here” respectively.

An introductory value of 25 has been determined based off of the following factors.

The market is undoubtedly in a bear situation.

Hype in 2021 when Facebook changed their name and news headlines always featured the metaverse gave unrealistic expectations.

Interest has fallen but is still present and starting to come back.

Each week we will start our newsletter with this index before getting into the rest of the content.

Keep an eye out for a detailed breakdown of our calculation coming in the next week.

Our take

Visual aids make for the best learning!

A Look To The Future

For the past few months we have been hosting our weekly Mystery Metaverse Saturday Discussions.

Covering the latest on Artificial intelligence, Digital Twins, Immersive Tech, and Metaverse Platforms, we invite experts in these fields to discuss topics with us.

Our latest monthly game has been a blind rating of metaverse platforms. This will continue for 5 months more until we have a definitive rating of the top 25 platforms.

Adding to this we will have in-depth ratings, evaluations, and information on these platforms available.

Also, Starting Soon, a comprehensive view of over 200 platforms will gradually be made available: covering User Experience, User Interface, Community, Tokenomics.

Like what we do? Hate it? Have any comments or suggestions?

Leave a comment on the YouTube video below or rate this newsletter and write the comment privately.

This week gives us the Digital Identity.

In the metaverse your digital identity is comprised of two factors.

How you express yourself and how you prove you are who you are.

The first part is done through the appearance of your avatar and your actions.

Essentially “how you look” and “how you act”. Two components of who you are.

The latter is done to ensure other parties you are the rightful owner of digital assets or the person you are representing.

When buying a digital asset ensure the wallet address of the seller matches the owner on the blockchain.

If you go to open an account at a digital bank branch in the metaverse your personal data can be encoded and shared securely.

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Reality Labs Posts $21 Billion Loss
Time to throw in the towel?

A Huge Miss
Snoop Dogg’s Metaverse Debacle

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Relaunch of Horizon Worlds
Will it be enough to save the platform?

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The Gift that Keeps On Giving
How Second Life is staying relevant after 20 years

Next Generation Commerce
Why Puma believes in the metaverse so much