While the main focus of the Metaverse seems to be the social connection we all know that behind it relies the most revolutionary technologies of the decade that will change the world as we know it and among the most promising ones there is Blockchain and its applications not just about digital ownership but the whole DeFi sector.
Antonio Velardo believes that, in this whole new world there is a very interesting trend that will define the 2022: The Meta-Fi.
Velardo explains that the Meta-Fi, or Metaverse Finance, is a term for protocols, products, and services enabling the complex financial interplay between non-fungible and fungible tokens (and their derivatives). Antonio thinks that Meta-Fi's prominence has grown due to the exponential growth in demand for Non-Fungible-Tokens (NFTs) by new and incumbent crypto users. NFTs are onboarding a new type of user, where Decentralised Finance (DeFI) has fallen short. The reason for this trend, Velardo explains, is the more digestible nature of NFTs compared to DeFI. The latter requires a slightly more understanding of finance or financial products; this is particularly hard for the younger generation of users (GenZ) who have little to no interest, background, or skills in this area.
Velardo comments that in that past year, we have already seen that the NFTs have stepped up a level; a significant reason for this is the growing integration into Metaverse & Play-2-Earn based projects and environments. Where users play, earn and integrate, explore integrating all this with their NFTs.
Antonio also notes that Outlier Ventures have gone as far as to say that that "Metaverse is first and foremost an economic system, a meta-economy, that enjoys supremacy over any digital economy. As the combined GDP of this meta-economy outgrows those of nation-states, so too will it enjoy supremacy over their fiat-based economies".
In this regard we should all pay more attention to the Metaverse projects that aim to bring financial services to the space, especially the fully decentralized ones.
Here you can read the full article by Antonio Velardo
About Antonio Velardo
Antonio Velardo is an experienced Italian Venture Capitalist and options trader. He is an early Bitcoin and Ethereum adopter and evangelist who has grown his passion and knowledge after pursuing the Blockchain Strategy Programme at Oxford University and a Master’s degree in Digital Currency at Nicosia University.
Antonio manages an 8-figure portfolio of his investment company with a team of analysts; he is a sort of FinTweet mentor, people interact with him online, and he has more than 40,000 followers after his tweets. He has built a fortune in the great tech years and put together a tail strategy during the pandemic that allowed him to take advantage of the market drop. “I did not time the market, and I did not think this was even a black sworn,” he says.
On the side of the financial markets, Velardo has a unique combination. He was a real estate entrepreneur that developed several projects in Tunisia, Miami, Italy, the UK, and many other countries and cities. But he has always been passionate about options trading. Still, contrary to the volatility player and quant trading, he always had a value investing touch in his blood. Antonio studied Value Investing at Buffet’s famous business school at Columbia University. Even though the central concepts of value investing are antagonists to the venture capital pillars, Antonio’s approach tries to bridge elements of both worlds in order to seek alpha. Velardo has learned the importance of spotting pure growth stories and taking advantage of their S-Curve position. This is an essential element of Velardo’s approach as he looks forward to embracing great tech stories at the right time of the adoption cycle. This applies to stocks but also to blockchain projects.