In the ’80s, nobody knew that web developers or social media managers would exist. The internet gave rise to thousands of new professions and business models and drove economic growth. The metaverse has the same potential to completely change the global job market as the mass adoption of the internet did in the ’90s, the social media boom in the early 2000s, and mobile apps in the 2010s.
The Metaverse is poised to become the next web revolution. 3D website developers, 3D artists and designers, metaverse influencers, web3 engineers – professions and skills that the market desperately needs right now. We also see a rise in powerful communities that create new web3 jobs. For example, Yield Guild Games created an ecosystem where people play blockchain games to earn money. This became a full-time job for most of them.
The Metaverse will also open up opportunities for coaches and teachers, providing their real-time 3D physical presence and physical interaction on a global scale. Imagine, instead of going to the small yoga center near your house, you can attend the class of a famous yoga teacher in a virtual room full of students from around the world, or attend your favorite guitar teacher’s class who recently moved to another country. Delivering a physical presence experience on a global scale is the greatest potential of the Metaverse.
The Metaverse removes biases that inherently occurred in web2, and positions itself as the ideal transition from 2D to 3D internet. Now, new jobs and business models that didn’t exist before do exist, such as cloud-based companies without bank accounts but with liquid global workforces that work across all timezones – it completely removes the boundaries associated with ‘traditional work’. Inherently, jobs within the metaverse that are fuelled by cryptocurrency are global by nature, i.e. you can be hired as something that was traditionally a physical-presence-only job, such as a tour guide or salesperson, and instead of worrying about green cards, visas, or local bank accounts.
I think many employers from the metaverse companies will agree with me that it doesn’t matter where the talent is based, whether or not they have a job permit, a degree, or even a bank account. If the talent does a great job, they can get paid in crypto in seconds and it actually doesn’t matter who they are or if they have a bank account or not. According to the World Bank Report, 1.7 billion people don’t have access to bank accounts. Crypto payments break the barrier. Companies also benefit, as their transaction fee is much less compared to the traditional banking system.
And that’s the beauty of the metaverse and blockchain technologies. Together, they introduce a fair, transparent and unbiased access to the global job market to anyone in the world.
About Felix Mago, Co-Founder of SPACE
Felix Mago is a co-founder and chief of crypto of SPACE, a commerce-focused Metaverse. He is an expert in DeFi, Metaverse, NFTs and decentralized business. Felix is also co-founder of the consulting company Futerio, Blocktech Institute and Dash Next, the leading cryptocurrency for real-life payments, where he drives biz-dev partnerships. With Dash Thailand he established the first crypto payment ecosystem in Asia. Felix is a guest lecturer for Blockchain and DeFi at UCLA since 2020. He is also the author of the “Bitcoin Handbook”.
SPACE is a Metaverse platform that allows everyone to create their unique commerce spaces and reach their target users with its easy-to-use builder tools. It aims to create a vibrant user-owned and user-oriented economy through unifying knowledge, common effort and fair rewards distribution.
Space was founded in 2021 by Batis Samadian, Felix Mago, Vita Pur and Chance Glasco. The company is backed by CoinFund, Animoca Brands, Dapper Labs, HOF Capital, Digital Currency Group (DCG), Polygon, Alameda Research and other investors.
Since the launch of its alpha version, Space has attracted more than 140K users. For more information, check out the link: https://www.tryspace.com