6.9 Micro Union

What is MicroUnion?

The metaverse sector is booming, and companies from around the world have bet big on it being the next big thing. Giant tech companies like Meta, Microsoft, and Google are pouring billions of dollars into the growing sector, which begs the question: is the metaverse only limited to the big players?

While the idea of an immersive virtual world is exciting, the metaverse is still more of a concept than a reality. Developers will still need to iron out the kinks to make the metaverse free and accessible for the masses. Smaller companies will no doubt take on an unacceptable level of risk if they choose to develop a metaverse world on their own, not to mention the exorbitant research and development cost needed.

There has got to be a perfect middle ground; where companies can freely and ideally enter the metaverse sector to further their business objectives.

This is why we have decided to launch MicroUnion, an initiative designed to invite leading companies to come on board our journey to shape the perfect metaverse. This partnership represents a shared commitment to virtual reality, blockchain technology, NFTs, and so much more. We are focused on inspiring more people to set their sights on the possibilities of this new sector.

Here’s the thing – we do not know how this futuristic field will play out, but that does not mean that we cannot make wise investments to secure an advantage for the future. Instead of choosing to go about it on their own, companies can choose to partner with Microverse, the world’s leading metaverse platform, and work together for the optimal development of MicroWorld.

The Vision of MicroUnion

More and more people are calling the metaverse the Internet of the future, and we believe that it will completely change the way that users interact and consume content online. We want to develop a 3D decentralized virtual world that can be enjoyed by all users.

Just as the blockchain community has been clamouring for interoperability, we want to make sure that MicroWorld will not be an isolated fortress. At Microverse, we want to invite as many companies and developers to share their ideas and work, and join in the holistic development of our metaverse. We will continue to work with industry experts on ways to create an inclusive metaverse, and we want to invite companies to leave their mark on it too.

Benefits for MicroUnion Members

The metaverse will help to define a new age of creativity, unleashing limitless possibilities. For companies that are interested in the metaverse, there are several attractive benefits for joining MicroUnion.

1. Technical Capabilities

As we near the end of Web 2.0 and enter the dawn of Web 3.0, there is a rush to build metaverse platforms that can secure the first-mover’s advantage. Just like how Google’s social media platform failed because everyone was already using Facebook, users would stick to a metaverse platform that was released earlier, rather than experiment with a new platform that will only be released years later.

At the same time, the price of a metaverse project can range from 6-7 figures minimally. That is a lot of capital that will go down the drain if the project is not well-received by the users. Therefore, it seems prudent for companies to partner with existing metaverse projects that have already proven to be a technical and financial success.

When companies participate in the MicroUnion initiative, they can rely on Microverse’s technical capabilities to easily fulfil their objectives. Tech companies can rely on Microverse’s proprietary software development kit (SDK) to quickly create and release their dApps, while retail brands can easily secure a foothold in MicroWorld instead of spending thousands of dollars to build their own metaverse.

2. User Base

By participating in MicroUnion, companies can gain access to a new demographics of users – savvy and modern tech enthusiasts that crave new means to express their originality. Tech companies can release their products, knowing that there is already an existing userbase that is available to try out these products or services and provide valuable feedback.

This is also the chance for companies to shape the future of retail in awe-inspiring ways. Fashion brands can acquire PLOTs of land within the MicroWorld, and release virtual wearables that users can purchase to dress up their digital avatars. These would be released in the form of NFTs that can also be resold in the NFT Marketplace. By joining MicroWorld, companies can market a new set of fashion lines or build virtual retail environments to sell their goods to thousands of eager consumers in the extended reality space.

3. Liquidity

Liquidity may be one of the most important elements in a market. It is the collective expression of traders’ opinions on the market, and helps to ensure that the market can operate in a smooth manner.

Microverse’s MVP and MET tokens come with a wide variety of use-cases, and the tokens are used by all Microverse users across product and services within the ecosystem. The tokens have provably high liquidity and have been listed on 3 different centralized exchanges and Microverse’s own decentralised exchange, MicroSwap. Companies can take advantage of the liquidity and access that the tokens offer, and be assured that all users will be able to conduct any trades or swaps efficiently and seamlessly.

Join MicroUnion

This is just the start – more benefits and incentives will be provided for companies to start exploring what MicroWorld has to offer. We welcome you to join us and enjoy an established metaverse with strong foundations that you can freely invest and build your next business empire in.