The metaverse has the potential to be a disruptive, expansive and transformative force, even to the point of spawning its own economy. Every board has a fiduciary duty to evaluate that potential for its company’s future. It is the classic “too big to ignore” dilemma compounded by uncertainty over the time horizon for evaluating return on investment (ROI). These business realities present a challenge to any business case, particularly for companies averse to moonshot projects.
In this issue of Board Perspectives, we offer five steps boards can take to wade into the shallow end of the metaverse investment pool rather than jump headfirst into the deep end.