Media company VentureBeat has tapped Vancouver-based TerraZero Technologies to help it build in the metaverse.
Vancouver-based TerraZero says the partnership will see it build a metaverse event centre in Decentraland, a browser-based 3D world.
“It’s going to be a lot of fun creating an event space in the Metaverse that VentureBeat will use not only for MetaBeat, but for their other events throughout the year,” explains Dan Reitzik, founder of TerraZero. “We’re working on creating a theater where you can view content and interact with other attendees, as well as a really cool experiential way to connect virtual attendees with the latest tech demos in the Metaverse.”
TerraZero creates innovative commercial Metaverse experiences and virtual reality-based business solutions for brands and enterprises, such as Jason Derulo’s music video premier of his latest single.
The MetaBeat event will bring together over 1,500 Metaverse decision makers and thought leaders from enterprise companies.
“VentureBeat is preparing for the next generation of experiences across media and events,” stated Hayley Haggarty, GM of Events for VentureBeat. “We look forward to continuing our work with TerraZero on this project.”
TerraZero was founded in 2021 in Vancouver by Dan Reitzik, founder and former CEO of DMG Blockchain Solutions, one of Canada’s largest Bitcoin miners.
TerraZero describes itself as a vertically integrated development group and web3 firm with a vision “to develop, acquire, and finance the metaverse’s most promising companies, entrepreneurs, and developers”—creating solutions that enhance the usability of the metaverse while also connecting it to the real world.
The entirety of the combined metaverse is approaching $1 trillion in value, some estimates report, with this figure expected to climb to anywhere from $5 trillion to $30 trillion within the next decade, depending on which crypto wizard’s crystal ball you gaze into.
“Almost anything we can do in the real world, we will be able to do in the Metaverse,” affirms the BC startup. “This includes shopping, live concerts, new businesses, generating incomes, socializing, gaming, casinos and even attending our virtual offices with our real world coworkers.”