Metaverse News: China-Taiwan war could be disastrous for the Metaverse & Web3 Mass Adoption, and the answer is Brazil, India and South Africa
We all know that Metaverse and Web3 and their mass adoption are contigent on a few basic key technologies:
- Fast Internet Speed
- Fast Graphics Processing speed
- Device Equality for all
- Web3 and Metaverse Access for all specially Global South instead of mere walled garden Metaverses for the West
It is no doubt that no Tech Startup can ignore BRICS and Emerging Nations and their sheer population.
It is, therefore, no surprise that most Tech companies including YouTube and other FAANG peers are focusing on countries like India (the World’s most populated country as of 2023). This means that if Metaverse and Web3 is to succeed since China’s Web3 and MEtaverse are behind its Great Firewall, It falls solely on countries like India, Brazil, and South Africa, to play kingmaker in the Metaverse and Web3 arms race.
It would be extremely hubris of Metaverse and Web3 brands to ignore BISA (Brazil, India, South Africa) as they collectively singlehandedly carry the power to create Metaverse and Web3 Market Makers. MEtaverse Big Tech and Web3 Big Tech would be born out of companies that are able to crack BISA.
In a post-Russia-Ukraine, fragmented de-dollarized world on the verge of the US-China-Taiwan War – BISA is at the inflection point of the crossroads to help shape the Industrial Revolution 4.0
There is growing consensus in BRICS nations that since the West is choosing conflict over harmony, sanction war, and energy self-sabotage resulting in record high inflation, and cost of living crisis. This is the decade of the BRICS-led economic order. BISA signifies 3/5th of BRICS (minus Russia and China) are nations that are unique Switzerland states that enjoy good relations with both the west-led block as well as the Russia-CHina-led block.
BISA is the Neutral ground where truly the East meets the West.
Nothing is more evident than the G20 in India which brought a historical moment of Anthony Blinken meeting with Sergei Lavrov.
The other irony is BISA will hold the G20 for 3 consecutive years:
- The year 2023 – with India
- The year 2024 – with Brazil
- The year 2025 – with South Africa
These are not coincidences.
BISA will be an economic Kingmaker and crucial to the survival and thrival of Metaverse and Web3 especially for the next 3 years.
BISA will single-handedly, create the Metaverse Big Tech and Web3 Big Tech that will shape the next decade of Leaders in Web3 and Metaverse space.
China-Taiwan War, if it does happen has the ability to be an extinction-level event for Advanced Technology – the simple answer behind this is TSMC (Taiwan Semiconductor Micro Chips) was responsible for 58.5 percent of the foundry market in the Semiconductor space in 2022.
If this 58.5% is harmed in any way shape or form in part or whole as a result of the China-Taiwan War it would make the Great Depression a Walk in the Park. Needless to say, the western defense and tech circles were scared to the teeth of this scenario.
Adding to this Anti Russia Sanctions and the fact that 98% of Rare earth minerals in the EU coming from China. China is responsible for 61% of global rare earth minerals – raw materials used to build chips and electronics.
if this does implode, this not only would take down the entire metaverse and web3 sector but also the tech sector in the West and to a limited extent in other countries too.
To this effect, BISA is probably the safest best, strategic ally of both Russia and China.
BISA is currently taking advantage of discounted Russian oil where as the West is having to pay premium and inflation. Even in a flat growth environment due to this macro factor, BISA economies are superstar economies.
In the scenario that China repeats the same tactic, this would be a body blow to Metaverse and Web3 companies that do NOT have a significant presence in BISA nations.
Therefore, BISA is in a unique position to play kingmakers both from a consumer standpoint as well as a supply chain standpoint. BISA is most likely the most important production and manufacturing hub when it comes to Metaverse and Web3.
This comes especially as you look at one of the biggest Metaverse – Upland Metaverse by the number of unique land owners. One could argue that Upland is where it is in part to its Brazilian Presence with Ney Neto, heading their Brazil Expansion and operations.
India and South Africa are no doubt going to be the obvious other two pillars of this growth, New Delhi and Durban are crucial to the survival and thrival of Metaverses and Web3.
Considering, India is now the world’s largest populated nation with 1.426 Billion (as of 2023) just a 1% market capture would provide 14.26 Million users.
The entire name of the game is daily/weekly/monthly active users – so the question that Metaverse and Web3 Pundits must ask themselves is how can they expect to even survive in the long term without expanding to BISA Nations?
1) Brazil’s Population 217 Million People
2) India’s Population 1.426 Billion
3) South Africa’s Population – 61.4 Million
Let us know what you think
You be the arbiter of the truth – our readers of The Metaverse Street Journal!