Decntraland has become the first priority of big brands to open up their Metaverse and host the events. You can do several things on the platform, like shopping in malls, visiting casinos, and even visiting banks. Yes, no need to read that again, you got it correct the first time. Here is a detailed post about the “JP Morgan Bank In Metaverse”, the first bank in the Metaverse.
JP Morgan is one of the four major banks in the United States Of America. The Bank has got more than 5,100 branches globally and started to open more in the Metaverse. Well, as we said that it is the first bank in Metaverse. So, people are looking forward to its workings, the services it offers and more.
We know opening up a bank is a big deal, but opening up the bank in Metaverse is even bigger. We know there are several queries running in your head right now. So, let us not waste much of your time talking and start with the post.
JP Morgan Bank In Metaverse
JP Morgan opened up a virtual Bank in Metaverse. The news was quite shocking because Metaverse uses the Decentralized form of approach whereas the banks are centralized.
Well, the bank opened up on 15 February 2022 in the Decentraland Metaverse. It is expected that the bank will operate in a similar manner as it does in real life.
Why JP Morgan Opens Bank In Metaverse
Well, the Bank has predicted that the Metaverse will become a $1 trillion market in the future and the company will make full use of it. However, JP Morgan became the first company to set up a bank office in the Metaverse.
Which Platform Does JP Morgan Use To Open Its Bank In Metaverse
JP Morgan has opened its Metaverse Bank Branch in the Decentraland Metaverse. Decentraland is a VR (Virtual Reality) platform that allows users to buy land and sell it. You can also manage your virtual property on the platform. So, what would be a better option for JP Morgan than to open up a branch in Decentraland? After the Metaverse is successfully released, the Decentraland platform will allow the owners to create a new world of their own.
How Does JP Morgan Bank In Metaverse Looks
Decentraland is the platform that allows its users to access its platform with the use of Avatars. You can create your avatar and customize it by designing the wearables on your own.
Teleport yourself to the JP Morgan Bank and you will be welcomed by the portrait of CEO Jamie Dimon on the wall. The users have visited the virtual JP Morgan Bank in Metaverse, also told that a tiger was also found lurking in the bank.
Well, a tiger in the Metaverse. That’s a great way to engage the audience.
Wrapping Up
With JP Morgan launching a Bank in Metaverse, it is expected that more and more companies will also try to jump into the Metaverse race. Well, we have to wait for it.
Now, what are you waiting for? Create an account on Decentraland and start enjoying the virtual world with Your Avatar.
That’s all of the News about the JP Morgan Bank in Metaverse. Stay connected to Deasilex for further updates.
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