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Home » How the Invesco Metaverse Fund Legitimizes Web 3.0 Development
My Metaverse Minute

How the Invesco Metaverse Fund Legitimizes Web 3.0 Development

Kieron AllenBy Kieron AllenAugust 24, 2022Updated:August 24, 20221 Min Read
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Acceleration Economy Metaverse

In Episode 144 of My Metaverse Minute, Kieron reacts to investment management company Invesco pouring $30 million into Metaverse infrastructure.

Highlights

00:01 — Kieron briefly introduces this episode’s sponsor, Community Summit North America, which will take place October 10-13 in Orlando, Florida.

00:44 — Global asset manager Invesco recently announced a Metaverse-only fund, starting at approximately $30 million. Invesco aims to help Metaverse-focused companies to develop necessary infrastructure to support Web 3.0.

01:37 — Kieron contrasts the investment fund to the early days of crypto, when funds were generally backed by unknowns.

02:17 — Invesco’s dedicated fund to the Metaverse helps legitimize Metaverse development at large.


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Analystuser

Kieron Allen

Cloud, AI, Innovation
Cloud Wars analyst

Areas of Expertise
  • Business Apps
  • Cloud
  • Cybersecurity
  • Data
  • LinkedIn

Kieron Allen is a Cloud Wars Analyst examining innovations in, and the future impact of, the latest AI, cloud, cybersecurity, and data technology developments. In his ongoing analyses and video reports, Allen focuses on the platforms, applications, people, and ideas that will mold our digital future. After serving as the Online Editor for BBC Sky at Night Magazine and as the Editorial Assistant for BBC Focus Magazine, Kieron became a freelance journalist in 2015 where his focus on the business technology market became a key passion. Kieron partners with technology start-ups and organizations that share his interests in science, social affairs, non-profit work, fashion and the arts.

  Contact Kieron Allen ...

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