The Metaverse Virtual Economy: A Comprehensive Overview

Year 2024, , 1320 - 1335, 15.10.2024

N. Ceren Türkmen , Dilek Sürmeli

https://doi.org/10.33206/mjss.1350087

Abstract

The concept of the metaverse, where digital and physical realities merge, has garnered significant attention, particularly with advancements in virtual and augmented reality. This study scrutinizes the Metaverse Virtual Economy (MVE), an innovative convergence of real and virtual experiences. By synthesizing insights from prior research on the metaverse, the article explores transformational factors leading from the real world to the meta-universe, considering economic implications, both microeconomic and macroeconomic. Described as an expansive, closed-loop, perfectly competitive market, the MVE minimizes transaction costs and intermediaries. At a macroeconomic level, the MVE may foster sustainable economic growth; however, this growth might be uneven, reflecting the digital divide. As the integration of the metaverse into daily life continues, and the frictions between the two universes diminish, there arises a need to investigate the impact on economic policymaking including the potential applications of virtual currencies. The findings of his study suggest that the MVE poses both opportunities and challenges for businesses and consumers alike. It also emphasizes the necessity for careful exploration, regulation, and understanding of the complex dynamics to leverage the metaverse as a vital component of the future economy.

Keywords

Metaverse, Virtual Economy, Economic Growth, Unemployment, Virtual Currencies, Economic Policies

Ethical Statement

During the writing process of the study “The Metaverse Virtual Economy: A Comprehensive Overview” scientific rules, ethical and citation rules were followed. No falsification was made on the collected data and this study was not sent to any other academic publication medium for evaluation.

Metaverse Sanal Ekonomisi: Kapsamlı Bir Genel Bakış

Abstract

Dijital ve fiziksel gerçekliklerin birleştiği metaverse kavramı, özellikle sanal ve artırılmış gerçeklik alanındaki gelişmelerle birlikte büyük ilgi görmüştür. Bu çalışma, gerçek ve sanal deneyimlerin yenilikçi bir birleşimi olan Metaverse Sanal Ekonomi'yi (MVE) incelemektedir. Makale, metaverse ilişkin önceki araştırmalardan elde edilen içgörüleri sentezleyerek hem mikroekonomik hem de makroekonomik sonuçları göz önünde bulundurarak gerçek dünyadan meta-evrene giden dönüşümsel faktörleri araştırmaktadır. Geniş, kapalı döngü, tam rekabetçi bir piyasa olarak tanımlanan MVE, işlem maliyetlerini ve aracıları en aza indirir. Makroekonomik düzeyde, MVE sürdürülebilir ekonomik büyümeyi teşvik edebilir; ancak bu büyüme dijital uçurumu yansıtacak şekilde eşitsiz olabilir. Metaverse'ün günlük hayata entegrasyonu devam ettikçe ve iki evren arasındaki sürtüşmeler azaldıkça, sanal para birimlerinin potansiyel uygulamaları da dahil olmak üzere ekonomi politikası oluşturma üzerindeki etkisinin araştırılması ihtiyacı ortaya çıkmaktadır. Bu çalışmanın bulguları, MVE'nin hem işletmeler hem de tüketiciler için hem fırsatlar hem de zorluklar ortaya koyduğunu göstermektedir. Ayrıca, metaverse'ü geleceğin ekonomisinin hayati bir bileşeni olarak güçlendirmek için karmaşık dinamiklerin dikkatli bir şekilde araştırılması, düzenlenmesi ve anlaşılması gerekliliğini vurgulamaktadır.

Keywords

Metaverse, Sanal Ekonomi, Ekonomik büyüme, İşsizlik, Sanal Para Birimleri, Ekonomi Politikaları

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