CHAPTER 6Enter the Metaverse
Robert Doyle was a career real estate agent before he took a 180-degree turn and began speculating on virtual land and Metaverse businesses. The irony in that statement is too real. Doyle is one of the many early Metaverse adopters whose competitive advantages are simply being interested in the new technology, diving deep into learning about emerging projects, and putting their money where their mouth is.
We should note that Doyle isn't your average crypto-Joe. He operates more than 500 blockchain nodes, has invested in nearly 200 crypto projects, and runs a crypto advisory firm. So he's not a novice by any means. But his story is not too different than many others who have entered the Metaverse before the masses.
Doyle was featured in a Business Insider article for the unique assets he acquired in a Metaverse called Polka City. Polka City aims to be the “Grand Theft Auto for cryptocurrency”—a reference to the wildly popular video game franchise that revolves around rising through the ranks of a system to develop power. Like most Metaverse projects, Polka City sold NFTs of their in-game assets before the game was developed. They did this in order to fund the immense undertaking of designing a video game. These in-game assets ranged from jetpacks and taxis to hot dog stands and gas stations.
When Polka City announced that minting these NFTs was underway, Doyle had his sights set on the revenue-generating assets. Specifically, he purchased a car repair ...
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