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TEAM : Winner0007

Submitted By:
Divyam
Akash
Aakash Shah
METAVERSE BANKING: Metaverse Banking is the 3D version of digital banking with our virtual M E TAV E RS E M A R K E T S I Z E
presence.
1. Virtual Branch: Can be used to provide high tech service for clients
(USD BILLION)
2. Remote Advice: Will used to convenient, virtual annual portfolio reviews, financial planning session
and loan advice $1,800.00 $1,607.12
$1,600.00
3. Digital Payment: Facilitation of secure wallet functionality and payment rails for metaverse
$1,400.00
products, service and economics $1,200.00 $1,066.17
4. Digital Asset Issuance: Develop digital assets of new and existing products for customers $1,000.00
5. Employee Experience: Provide immersive training to employees with simulated virtual world $800.00 $707.30

6. Digital Asset services: Develop a setup for insurance and secure lending against digital assets like $600.00 $469.23
$311.29
NFT’s, Virtual real estate etc. $400.00 $206.51
$200.00 $90.89 $137.00
7. Community Events: Can be used to promote services and collaborate with other companies. $40.00 $60.29
$-
2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

Current Market Trend: We have entered into a new digital revolution era 3.0 which has experienced phenomenal growth, creating a collaborative space to
synchronize user experiences. The growth has been fueled by people’s desire to have a decentralized network for their currency. Metaverse provides businesses
the opportunity to provide their customer’s with simulated personal experience that was lacking in web 2.0.

1. Digital Marketplace: The retailers and brands are reimagining their businesses and are more favorable to integrating digital tools, bringing in a myriad of
marketing and branding opportunities for fashion and retail spaces holding a potential to increase engagement and connectivity.
2. AR and VR in Gaming: According to the international data corporation in 2021 the market for AR and VR headset increased by 60.8%, the APAC region alone.
In the virtual world users can personalize their avatars, innovate and govern the land, as well as host events and exchange ideas.
3. Virtual Art Gallery: These are immersive space where artists and digital creators can showcase their NFT exhibitions for collectors, art fanatics can experience
a sensational virtual environment and even trade their favorites.
4. Digital Real Estate: Virtual properties are the nuclei of the digital world where users can connect, create and cultivate. Digitized land enables owners and
creators to monetize on them by allowing access, renting, lease and even trading their NFT properties.
5. Social Networking Space: Just like malls and resorts in real world, we have social networking spaces where the users can network, socialize through
immersive virtual experience without revealing any vital information, such as their photographs, identities, location and more.
6. Virtual Events: Recently there have been events such as Marriages, team launches (IPL) have been conducted in Metaverse which shows how much potential
this technology have in future.
Digital Asset Services - Secure, insure and lend against digital assets: Provide services like digital assets
Execution Plan insurance in metaverse or payment
gateways for other services in metaverse.
• Digital asset insurance:
Need to train Launch loyalty program and also can
• Need: Hacker attack in every 39 seconds, also 300,000 new provide subscription for other platform
malware threats are created each day and steal 75 records existing employee
and hire new (OTT or E-commerce platforms)
every second. This cost around $3.86 million by IBM. According Will open virtual employees for new
to Chain analysis, block-chain analysis company, ransomware banks with the help market entry
assaults increased 311% in 2020 over 2019. of government and
metaverse Additional
• Advantage: A cyber attack's financial risk can be reduced with commodity. Services
insurance cover for digital assets. For eg. Digital money worth Training for
$500 million was stolen from the Coincheck cryptocurrency Employees Promotions
exchange. Former bitcoin exchange Mt. Gox suffered a hacking of multiple
loss of $460 million in 2014. Open products
Virtual / and services
Meta Banks Banking
• Lend money against digital assets: Services
• NFT’s : Since NFT are relatively unstable commodities, banks Generate
could lend money against NFTs at 20% market price revenue by
Creating Virtual promoting
• Virtual Real Estate: Virtual real estate market is currently in its Provide services multiple
Awareness same as normal Communities
nascent phase and is estimated to grow at a very fast pace. Events products or
bank in terms of services in
Banks can lend money against these properties virtual and real virtual world
assets
• Commodity Tokens: these are tokens backed by real life Will use omni-channel
assets such as real estate, Machinery, cars etc. Banks can Build events in metaverse
marketing strategies to
securely lend money against these to attract new audience to
create awareness and
use our platform
provide a user experience
to new users.

THANK YOU

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