Direct Equity International Renamed to Metaverse Inc. to Pursue AI, Social Media, Web3, and AR products

02/23/2023 10:49 • Tech Trends • 80 views

It is reported that Direct Equity International, Inc., a US listed company, has officially changed its name to “Metaverse Inc.”, aiming to further strengthen its new strategy of AI, social media, Web3 and augmented reality products. It is reported that the company is developing a software to interact with AI chat robots, and is also developing Web3 products that combine blockchain, cryptocurrency and NFT, To build a potential new revenue stream and a business model independent of traditional advertising and data collection methods. （globenewswire）

Direct Equity International, a US listed company, announced that it was renamed “Metaverse Inc.”

Analysis based on this information:

Direct Equity International, a US listed company, has officially changed its name to “Metaverse Inc.” as it seeks to expand its strategic direction towards developing and delivering cutting-edge technologies such as AI, social media, Web3 and augmented reality.

The new name “Metaverse Inc.” is a nod towards the company’s plans to unite digital and physical worlds, creating a new form of augmented reality where users can interact and socialize in virtual realms. The company aims to develop software that enables interaction with AI chat robots, as well as developing blockchain, cryptocurrency and NFT related Web3 products. These products aim to create a new revenue stream and business model independent from traditional advertising and data collection methods.

The shift towards AI, social media, Web3 and augmented reality comes as technology rapidly evolves, prompting companies to rethink their business models and tap into new opportunities. Metaverse’s new strategy reflects this trend, with the company seeking to break new ground in the field of digital and immersive experiences.

The development of AI chat robots could revolutionize the way people communicate with machines. This technology could enable human-like conversations, paving the way for more natural and seamless interactions between humans and machines. The integration of blockchain, cryptocurrency, and NFT products in the Web3 space could open up new possibilities for asset ownership and transfer, providing users with more control over their digital assets.

Metaverse’s new strategy taps into a growing market for AI and immersive experiences. Recent data indicates that the social media market continues to grow despite some hits due to privacy concerns. Analysts predict that the augmented reality market will rise to $198 billion by 2025. The development of Web3 technology could make a significant contribution to this growth, providing users with novel and exciting ways to engage with digital content.

In conclusion, Metaverse’s transformation comes at a time when technology is rapidly changing, and companies must adapt to maintain their relevance. The company’s shift to AI, social media, Web3, and augmented reality could provide new ways for users to engage with digital content, creating a new revenue stream and business model that disrupts traditional advertising and data collection methods.

Keywords are Metaverse Inc., AI, Social Media, Web3, Augmented Reality.

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