Early Metaverse adopters will be the next generation of Carnegies, Rockefellers, and Morgans. The advent of the Metaverse brings the opportunity to build a new, virtual world, which requires infrastructure, commerce, and governance. Chicago-based Metaverse company, Epazz (OTCMKTS: EPAZ) is positioning itself to be in the same class as the industrial titans of the 19th and 20th centuries. Standing at the beginning of a new world can be daunting, but is also rich with opportunity.
In just two decades, technology has evolved from the science fiction of The Matrix to the paradoxically real virtual reality world. In this world exists plenty of recreation and experiments, but no longer is the virtual and augmented reality space only for video gamers. In a recent interview, Microsoft co-founder Bill Gates told CNBC he believes most meetings will be held in the Metaverse in two to three years. Firms, like Epazz, Inc., who capitalize on the initial building and expansion of the current Metaverse landscape will establish themselves as giants, experts, and revolutionaries, not to mention potentially strong investments.
For many, the Metaverse may seem like a college dorm room experiment, but as it gains more and more traction among tech firms in major cities across the US, the dollars follow. In December 2021, Forbes published an article calling the Metaverse a “one trillion dollar revenue opportunity.” Other outlets like MarketWatch point out estimates that put the total economy of the metaverse at $8 billion. But speculation about the eventual size of the Metaverse is not nearly as important as what is currently happening. Many companies are already laying claim to their parts of the Metaverse, Facebook and its parent company Meta (Nasdaq: FB) using social media as their entry, and game developers like Roblox, making the transition from “real life” to Metaverse seamless. They may be missing a key segment of the market, on which EPAZ is looking to capitalize.
While many companies seem focused on the business-to-consumer side of the Metaverse, or even the real estate possibilities, early B2B Metaverse-focused companies like Epazz are finding their own niches. EPAZ develops Metaverse business solutions that “enable people to collaborate in real-time through virtual reality and upgrading its business solutions to fully integrate into the metaverse.” Its recently announced DeskFlex Metaverse Virtual Clinics will allow physicians to meet with their patients virtually, rather than in the office. This solution goes beyond traditional telehealth by giving doctors 3D images of patients during regular and emergency visits. This is part of Epazz’s overall strategy of providing metaverse virtual offices and making them easily accessible via lightweight glasses that put users, virtually, in the room with colleagues, clients, and collaborators.
What does this mean for the financial performance of firms like Epazz, who are engaged directly in creating Metaverse business solutions? While we can’t predict the future, it doesn’t take Nostradamus to see how the increasing desire for comfort, remote work, and distance learning would lead us to a place where virtual reality is the new normal or at least part of it. From the comfort of our home offices, backyards, or even business class on a flight to our favorite vacation destination, we will be able to attend sales calls, stop in at an industry conference, shop for groceries, and take care of our online banking just by using a simple headset or pair of glasses. In the early ’90s, many dismissed the internet as a haven for geeks and nerds. Bill Gates laughed all the way to the bank.
The fact is, where consumers go, businesses will follow, which is great news for Epazz and their line of products.
It is time for Metaverse titans to take their place at the helm, start your research on $EPAZ.
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