As NFTHi reported a few days back, about KPMG consulting firm’s Web3 investment plans, the latest update is that the big accounting firm is ready to enter the metaverse. Its new digital “collaboration hub” will assist clients to develop strategies in the Web3 space.
The hub is said to provide a private place for employees, partners, and clients to conduct virtual team meetings, collaborate, and share new ideas and concepts. The technology will include virtual whiteboards and immersive virtual experiences as well.
A KPMG spokesperson mentions that their staff could use the Metaverse hub to conduct interviews, training sessions, employee evaluations, and meetings to show KPMG’s capacities.
Teams within the hub have also been developed to offer support to clients related to metaverse design, cryptocurrency, use cases of NFTs, community engagement, and more known Web3 integrations.
KPMG is a global network of firms that delivers audit, tax, and advisory services. Last year, the accounting firm reported $32 billion in revenue. Its headquarters are in the Netherlands.
The news comes after KPMG’s Canadian branch reported that it had added bitcoin and ether to its corporate treasury. It also bought a popular World of Women NFT in February of this year.
Not just KPMG, many Businesses are entering the Metaverse
The metaverse shared virtual and augmented worlds are being predicted by some as the future of the internet and many people in “high places” are accepting that. Even as the bear market in crypto continues, the metaverse continues to lure investments from many companies, celebrities, brands, and even countries.
Listed below are some of the top headlines from NFTHi over the past few weeks related to investments in the metaverse:
- Yahoo announces a Metaverse project based in Hong Kong
- Language-App Duolingo set to create its presence in the Metaverse
- South Korea to Invest in the Metaverse
- Samsung is creating a Metaverse
- Siemens & NVIDIA team up for Industrial Metaverse
- Harvard conducts Class Reunion in the Metaverse
Considering that consulting firms like McKinsey & Company forecast the global metaverse industry could generate $5 trillion by 2030, it’s no shock how much money is being invested in the metaverse space.
Whether KPMG’s metaverse moves will be prevalent with its staff and clients remains to be seen. But one thing is sure, companies are persisting to invest and push the limits of what can be done in the world of Web3 and the metaverse.
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