Web 3 and the Metaverse Are Not the Same

Jon Lai, a GP at investment firm a16z, has a grounded perspective on the development path to the metaverse in this episode of “Hello Metaverse.” “There’s a lot of building yet to be done. The blockchain, play-to-earn, different types of jobs, virtual economics, all of that are like stepping stones [as well as] UGC [user-generated content] platforms and scaling content creation … it won’t be this shining product launch from some company who just says, ‘Hey! We’ve been working on this for 10 years and boom, here’s the metaverse’. It’s going to be the cumulative sum of a bunch of different companies working in completely different spaces on completely different products.”