Piers Kicks: What is the Metaverse?

The Exponential Age ·
Featuring Piers Kicks and Rex Woodbury

Published on: August 19th, 2021 • Duration: 44 minutes

Piers Kicks, investor at Bitkraft, sits down with Rex Woodbury, principal at Index Ventures, to answer the question on everyone's mind: What is the metaverse, and where is this all headed? Kicks and Woodbury believe we are on the cusp of a revolution in digital and creator economies, ones in which users possess sovereignty and ownership of their assets. According to Kicks, aspects of the metaverse have their roots in economies like that of Runescape, where gold farmers would sell the in-game currency for US dollars. Woodbury and Kicks also believe game developers are at the forefront of this trend and that players grasp the potential economic value in the metaverse more so than the traditional finance world. Filmed on August 12, 2021.