Virtual online spaces are becoming a new marketing battleground as tobacco and alcohol promoters target young people without any legislative consequences. Companies are exploiting unregulated areas to reach youth.
With GBM's Win-Win auction model, even outbid participants are rewarded. Every bid is fully refunded if outbid, comes with an incentive reward based on auction mechanics, and contributes to true, onchain price discovery.
Mark Zuckerberg has grandly promised: In the metaverse, you'll be able to do almost anything you can imagine. It's the sort of promise that might sound intensely appealing to some men and terrifying to most women.
Saxs Persson: I think most media platforms that have a social component will go through the same toddler and adolescent changes - growth pains and growth spurts and stalls - so, yeah, I think it's very similar. We like YouTube as a comparison, because it's not so much platform-focused as it's creator-focused.
Technology moves really fast until it doesn't. Facebook rebranded to Meta in 2021, and we've had a grand total of 3 companies actually occupy the metaverse space in 4 years.