METAVERSE,WEB 3.0 AND WOYCO.part 1

The world of digital economy inspite of the breathtaking pace and epochal feat yet to assume a stratospheric height,the blogger ibikunle laniyan examines the urgent need for poverty alleviation and eradication.Enjoy the reading.                          Development planning and bridging the capacity gap crisis requires an impressive display of technological freedom to achieve a stratospheric height and strategic measures to eradicate not just alleviate mass poverty and banish inequality of wealth extremely matter to strengthen this resolution of total economic freedom.Recent research metaverse and web 3.0 further consolidate the much vaunted untapped wealth of digital economy,presently not supported by standardised digital macroeconomic model.Nevertheless,Mackinsey research about metaverse and digital economy to generate $5tr.by 2030 affirm its potential.Adaptation of nonfugible tokens, Decentralized finance (DEFI), crypto currency and metaverse worlds to revolutionise digital economy.Although I believe it will strengthen general global economy through its multiplier effect but I make to dispute research unless poverty alleviation if not eradication is extensively strategized maximal impact could be limited.I was able to reach this conclusion having applied my own fintech strategy.