AlTi - Alvarium Tiedemann

Future of the Metaverse Economy

By Jean Valjean, Jennifer Ayer & Jill Shipley Published June 14, 2022

The Metaverse, the next stage in the evolution of the internet, is revolutionizing how we interact with the digital world. The recent rise of one-of-a-kind digital collectibles called NFTs (non-fungible tokens) are an example of this historic milestone.

NFTs are transforming the art world with sales totaling approximately $774 million as of September 2021. Yet, just a couple of years ago, many people have either not heard of or largely dismissed this digital asset.

Si aliquem nacti sumus cuius cum moribus et natura congruamus.

We sat down for a conversation with Michael Bouhanna, Sotheby’s NFT expert to understand what makes this digital asset so unique. We also discuss what to consider before acquiring an NFT and how can one actually purchase an NFT.

Erga nosmet ipsos, alteram, ut nostra in amicos benevolentia illorum erga nos benevolentiae pariter aequaliterque respondeat, tertiam, ut, quanti quisque se ipse facit, tanti fiat ab amicis. eodem tempore etiam hymetii praeclarae indolis viri negotium est actitatum, cuius hunc novimus esse textum. cum africam pro consule regeret carthaginiensibus victus inopia iam.

Amicos benevolentia illorum erga nos benevolentiae pariter aequaliterque respondeat, tertiam, ut, quanti quisque se ipse facit, tanti fiat ab amicis. eodem tempore etiam hymetii praeclarae indolis viri negotium est actitatum, cuius hunc novimus esse textum. cum africam pro consule regeret carthaginiensibus victus inopia iam lassatis, ex horreis romano populo destinatis frumentum dedit, pauloque postea cum provenisset segetum copia, integre sine ulla restituit mora. quapropter a natura mihi videtur potius quam ab indigentia orta amicitia, applicatione magis animi cum quodam sensu amandi quam cogitatione quantum illa res utilitatis esset habitura. quod quidem quale sit, etiam in bestiis quibusdam animadverti potest, quae ex se natos ita amant ad.

Primos scholarum adlocutus est mollius docens nec decere haec fieri nec prodesse addensque vocis obiurgatorio sonu quod si id placeret, post statuas constantii deiectas super adimenda vita praefecto conveniet securius cogitari. constituendi autem sunt qui sint in amicitia fines et quasi termini diligendi. de quibus tres video.

Ex multis diebus, quos in vita celeberrimos laetissimosque viderit, illum diem clarissimum fuisse, cum senatu dimisso domum reductus ad vesperum est a patribus conscriptis, populo romano, sociis et latinis, pridie quam excessit e vita, ut ex tam alto dignitatis gradu ad superos videatur deos potius quam ad inferos pervenisse. rogatus ad ultimum admissusque in consistorium ambage nulla praegressa inconsiderate et leviter proficiscere inquit ut praeceptum est, caesar sciens quod si cessaveris, et tuas et palatii tui auferri iubebo prope diem annonas. hocque solo contumaciter dicto subiratus abscessit nec in conspectum eius postea venit saepius arcessitus. dein syria per speciosam interpatet diffusa planitiem. hanc nobilitat antiochia, mundo cognita civitas, cui non certaverit alia advecticiis ita adfluere copiis et internis, et laodicia et apamia itidemque seleucia iam inde a primis auspiciis florentissimae.

Habitura. quod quidem quale sit, etiam in bestiis quibusdam animadverti potest, quae ex se natos ita amant ad quoddam tempus et ab eis ita amantur ut facile earum sensus appareat. quod in homine multo est evidentius, primum ex ea caritate quae est inter natos et parentes, quae dirimi nisi detestabili scelere non potest; deinde cum similis sensus exstitit amoris, si aliquem nacti sumus cuius cum moribus et natura congruamus, quod in eo quasi lumen aliquod probitatis et virtutis perspicere videamur. quam ob rem vita quidem talis fuit vel fortuna vel gloria, ut nihil posset accedere, moriendi autem sensum celeritas abstulit; quo de genere mortis difficile dictu est; quid homines suspicentur, videtis; hoc vere tamen licet dicere, p. scipioni ex multis diebus, quos in vita celeberrimos laetissimosque viderit, illum diem clarissimum fuisse, cum senatu dimisso domum reductus ad vesperum est a patribus conscriptis, populo romano, sociis et latinis, pridie quam excessit e vita, ut ex tam alto dignitatis gradu ad superos videatur deos potius quam ad.

Habitura. quod quidem quale sit.

$1B

Under management

A disclosure

$400 M

Own money invested

Grid, I guess

Grid 2, I supposed

In eo quasi lumen aliquod probitatis et virtutis.

Teresa Wells

Regulatory risk

Recent events associated with Ripple, another digital asset, also demonstrate the significant regulatory risks associated with Bitcoin and other digital assets which are not associated with gold.

Chart source: https://ourworldindata.org/co2-gdp-decoupling

Teresa co-leads the firm’s Seattle office, and has direct responsibility for managing client relationships.

Regulatory risk (without description)

Chart source: https://ourworldindata.org/co2-gdp-decoupling

In amicos benevolentia illorum erga nos.
About the authors

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