METAVERSE WARS

BLOCKCHAIN & CRYPTO

NOT FINANCIAL ADVICE

On Lee
CTO GDP Venture
CEO & CTO GDP Labs
https://www.linkedin.com/in/onlee/
 COMMISSIONED BY

CATAPA.com Datasaur.ai GLAIR.ai

Intelligent Payroll Platform NLP Labeling and ABCD-X (AI, Blockchain, Cloud, Data)
Annotation Tool - (Mobile, Security, Web) Consulting

KontrakHukum.com Konvergen.ai Prosa.ai

Services: Jasa pendirian PT, CV, OCR and Document Processing Bahasa Indonesia NLP
Perizinan & Pendaftaran merek KTP, NPWP, BPKB, KK, STNK, Text & Speech AI Solutions
Passport, Receipts, etc
METAVERSE WARS
 1. CRYPTO LANDSCAPE AND TRENDS

2. METAVERSE WARS

AGENDA 3. METAVERSE TECHNOLOGY

4. CALL TO ACTION

5. Q&A

METAVERSE WARS
 1. CRYPTO LANDSCAPE AND TRENDS

2. METAVERSE WARS

AGENDA 3. METAVERSE TECHNOLOGY

4. CALL TO ACTION

5. Q&A

METAVERSE WARS
4.88B INTERNET USERS
METAVERSE WARS
 OVER 300+ MILLION
CRYPTO USERS WORLDWIDE

Europe
North 38 million
America
28 million Asia
South 160 million
America Africa
24 million 32 million

Oceania
1 million

paxful.com METAVERSE WARS

INDONESIA NOW HAS MORE CRYPTO INVESTORS
THAN STOCK MARKET INVESTORS

6.5
5.37 MILLION
MILLION CRYPTO INVESTORS
RETAIL INVESTORS
(IDX)

thejakartapost.com METAVERSE WARS

 AGE GROUPS INTERESTED IN CRYPTO

18-24 25-34 35-44 45-54 55-64 65+

90,000

80,000

70,000

60,000

50,000

40,000

30,000

20,000

10,000

0
August September October November MTD

DappRadar METAVERSE WARS

USD 1.15T

visualcapitalist.com METAVERSE WARS

 CRYPTOCURRENCY TRADING VOLUME

Centralized Exchanges (CEX) Decentralized Exchanges (DEX)

USD 1T
15
USD 14T 1.00

0.75

10

0.50

5
0.25
USD 1.8T USD 0.116T

0 0.00

2020 2021 2020 2021

METAVERSE WARS
 RANKED BY MARKET CAP (January 3 , 2022)

Largest Companies by Market Cap Crypto Market Cap

Bitcoin
USD 2.91T BTC USD 0.9T

USD 2.52T Crypto USD 2.24T

USD 1.92T

USD 1.89T

USD 1.69T

Coinmarketcap.com, Companiesmarketcap.com METAVERSE WARS

THE TIME IT TOOK ASSETS TO REACH A USD 1 TRILLION MARKET CAP
For the rare assets that reach this impressive milestone, the path has been growing shorter over time

ASSET TIMELINE YEAR TO REACH

USD 1T MARKET CAP

MSFT 44
IPO

AAPL
42
IPO

24
AMZN
IPO

GOOG
21
IPO

The Big Tech stocks above took a lengthy average of nearly 33 years
To surpass a USD 1T market cap relative to bitcoin’s short 12 year 12
run.
$1B
BTC
MARKET CAP

1975 1980 1985 1990 1995 2000 2005 2010 2015 2020

coinmarketcap.com METAVERSE WARS

INDONESIA WILL NOT BAN CRYPTOCURRENCIES
LIKE CHINA AS CRYPTO TRADE SOARS

“We don’t prohibit it, but we will tighten

the regulations.”
(September 25, 2021)

Muhammad Luthfi
Indonesia’s Minister of Trade

news.bitcoin.com METAVERSE WARS

EMERGING ECONOMIES SHOULD REGULATE
CRYPTOCURRENCY INSTEAD OF BANNING IT

“There are challenges to banning it whether you

can end up with truly banning crypto because
many exchanges are offshore and they are not
subject to regulations of a particular country,”
(December 15, 2021 at Event Organised by National Council
of Applied Economic Research (NCAER))

Gita Gopinath
Chief Economist of the International Monetary Fund

moneycontrol.com METAVERSE WARS

 POTENTIAL RISKS

Rug Pull Pump-and-Dump Hacked

Volatile Regulatory The greatest risk

is doing nothing
METAVERSE WARS
CRYPTO IS A TOOL TO REIMAGINE EXISTING SYSTEMS

DEFI NFT’s DAOs WEB3

REIMAGINES

FINANCE OWNERSHIP COORDINATION ACCESS

METAVERSE WARS
 'THERE'S AN APP FOR THAT'
THERE’S A BLOCKCHAIN FOR THAT
NOT FINANCIAL ADVICE

METAVERSE WARS
2021 INSTITUTIONAL ADOPTION TIMELINE

The Block Research METAVERSE WARS

2021 MAINSTREAM METAVERSE TIMELINE

The Block Research METAVERSE WARS

 1. CRYPTO LANDSCAPE AND TRENDS

2. METAVERSE WARS

AGENDA 3. METAVERSE TECHNOLOGY

4. CALL TO ACTION

5. Q&A

METAVERSE WARS
 FAST-PACED BLOCKCHAIN DEVELOPMENT
Ethereum (Smart Contract)
a. DeFi ->
b. NFT ->
i. GameFi ->
ii. Tokenization ->
Bitcoin - Centralized Exchange
iii. Meme ->
Blockchain Computing
c. DeFi + GameFi ->
Blockchain (CEX) d. Metaverse -> with Tokenomics &
Technology e. DeFi 2.0 -> Governance (DAO)
f. DAO
g. Multichains

CEX DEX

Decentralized
Community Stablecoin Exchange (DEX)

METAVERSE WARS
 METAVERSE SOCIAL TRENDS:
TOP 10 COUNTRIES IN NOVEMBER MTD, 2021

United States

India

Indonesia

United Kingdom

Turkey

Canada

Mainland China

France

Philippines

Japan

0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000

DappRadar | www.meltwater.com/en METAVERSE WARS

1. Science Fiction, Published in 1992

2. “Metaverse” was first coined

3. Users of the Metaverse gain access to it

through personal terminals that project a high-
quality virtual reality display onto goggles
worn by the user

4. Within the Metaverse, individual users appear

as avatars

5. A mandatory read for the Microsoft Xbox

development team

METAVERSE WARS
META (FORMERLY KNOWN AS FACEBOOK)

METAVERSE WARS
METAVERSE WARS
METAVERSE WARS
METAVERSE WARS
BAIDU

METAVERSE WARS
MICROSOFT

METAVERSE WARS
 MICROSOFT'S MASSIVE METAVERSE MOVE
BUYING ACTIVISION FOR USD 68.7B IN CASH
3 BILLION PEOPLE ACTIVELY PLAYING GAMES

METAVERSE WARS
TOP 3 METAVERSE PLAY & EARN GAME
FOR 50X RETURNS

Axie Infinity is a blockchain-based war game on Ethereum

blockchain. Founded: 2018. Market Cap: USD 5.82B in
December 31, 2021.

ENJ, the cryptocurrency of the Enjin platform on Ethereum

blockchain. Founded: 2018. Market Cap: USD 2.24B in
December 31, 2021.

Decentraland (MANA) is a virtual reality platform built on the

Ethereum blockchain. Founded: 2017. Market Cap: USD 6.10B
in December 31, 2021.
coinmarketcap.com METAVERSE WARS
THE METAVERSE IS ALREADY HERE —
AND IT’S FULL OF POKEMON

“AR is about getting out of your way as much

as possible with the technology. The world is
ready to go back to a more decentralized
Internet build around interoperability.”
(Dec 14, 2021)

John Hanke
Founder and CEO of Niantic, the maker of Pokémon Go.

The Verge METAVERSE WARS

 THE METAVERSE INDEX (MVI)

About Designed to capture the trend of entertainment,

sports and business shifting to take place in
virtual environments.

Stats CURRENT PRICE MARKET CAP VOLUME STREAMING FEE

(December 31, 2021)

USD 228 USD 45M 0.20M 0.95%

Underlying
Tokens
Audius Axie Infinity Decentral Games Decentraland Enjin Illuvium Yield Guild NFTX
Games

Rarible Ethernity REVV Sandbox Terra WAXE Whale

Chain VirtuaKolect

METAVERSE WARS
BOEING WANTS TO BUILD ITS NEXT
AIRPLANE IN THE ‘METAVERSE’

“When the quality from the supply base is

better, when the airplane build goes together
more smoothly, when you minimize re-work,
the financial performance will follow from that.”
(Dec 17, 2021)

Greg Hyslop
Boeing's Chief Engineer

METAVERSE WARS
Walmart appears to be venturing into the
metaverse with plans to create its own
cryptocurrency and collection of NFTs.

The big-box retailer filed several new trademarks

late last month that indicate its intent to make
and sell virtual goods.

In a separate filing, the company said it would offer

users a virtual currency, as well as non-fungible
tokens, or NFTs.

METAVERSE WARS
The Shanghai Municipal Commission has called in a
memo for “encouraging the implementation of the
metaverse in sectors like public services,
company offices, social entertainment,
industrial manufacture, production safety,
and electronic gaming.”

METAVERSE WARS
The metaverse will be an extension of the virtual
reality, augmented reality and mixed reality
technology already in use today.

Facebook and Microsoft glasses like Oculus and

HoloLens already are being used in key medical
technology applications, from design of medical
tools to surgical procedures.

“It’s like having a GPS navigator in front of your

eyes,” Timothy Witham, M.D., director of the Johns
Hopkins Neurosurgery Spinal Fusion
Laboratory, said after conducting the institution’s
first-ever augmented reality surgery in
June.
METAVERSE WARS
Pemerintah Kota Denpasar, Bali, bakal membangun
Monumen Sita Kepandung setinggi 12 meter.
Pembiayaan monumen tersebut digalang dari
corporate social responsibility (CSR) melalui
mekanisme non-fungible token (NFT)

METAVERSE WARS
METAVERSE WARS
The Metaverse is a digital universe that moves
beyond the internet we know today.

This vision for the future state of the web has

the potential to transform our social
interactions, business dealings, and
the internet economy at large.

The Metaverse is still taking shape, but Web 3.0

open virtual world crypto networks are
offering a glimpse of what the future of
the internet may hold.

METAVERSE WARS
The market opportunity for bringing the
Metaverse to life may be worth over USD 1T in
annual revenue and may compete with Web 2.0
companies worth ~USD 15T in market value
today.

This potential has attracted

companies like Facebook to pivot
towards the Metaverse, which may
serve as a catalyst for other Web 2.0 tech
giants and investors to follow.

METAVERSE WARS
PREVIOUS EMERGING TECHNOLOGY WARS

Operating Internet
System Wars Browser Wars Mobile Wars

Windows Netscape iOS

Linux Internet Explorer Android

METAVERSE WARS
 1. CRYPTO LANDSCAPE AND TRENDS

2. METAVERSE WARS

AGENDA 3. METAVERSE TECHNOLOGY

4. CALL TO ACTION

5. Q&A

METAVERSE WARS
 Web 1.0 Web 2.0 Web 3.0

Read

Write

Own

Economy Information Platform Tokenomics

Centralized Decentralized

Blockchain

Innovation Initial Front-end Back-end

Paradigm Initial Platform Protocol

101blockchains.com: 6 Key Blockchain Features You Need to Know Now METAVERSE WARS
 ABCD-X MODERN COMPUTER TECHNOLOGIES

CLOUD IOT
COMPUTING WEARABLE

UTILITY AMBIENT
BLOCKCHAIN
MAINFRAME WORKSTATION COMPUTING COMPUTING AI (CRYPTO)
METAVERSE

1960 1970 1980 1990 2000 2010 PRESENT FUTURE

MINI PC INTERNET BIG DATA MOBILE 5G QUANTUM

COMPUTER 3D GRAPHICS COMPUTING REALITY COMPUTING
AUDIO WEB ANALYTICS IOS, ANDROID COMPUTING
VIDEO (AR/VR/MR/XR)
3D PRINTING

METAVERSE WARS
 META: BEYOND (IN GREEK)

Facebook = Meta META ETF Top 10 Holdings

October 28, 2021
1. NVidia
2. Roblox
3. MSFT
4. FB (Meta)
5. Unity Software
6. Amazon
7. 700 HK (Tencent)
8. Apple
9. TSMC
10. Qualcomm

METAVERSE WARS
Metaverse
Hardware

Core Components Content,

Services,
Compute
& Assets

METAVERSE
Payment
Networking
Services

Interchange
Tools & Virtual
Standards Platforms

User Behaviours METAVERSE WARS

 METAVERSE IS A PLATFORM

Social Gaming
Networking

Entertainment Education

METAVERSE
Training APPLICATIONS Healthcare

Webinar Customer
Support

Meeting … and
many more

METAVERSE WARS
 1. CRYPTO LANDSCAPE AND TRENDS

2. METAVERSE WARS

AGENDA 3. METAVERSE TECHNOLOGY

4. CALL TO ACTION

5. Q&A

METAVERSE WARS
 EMBRACING RAPID CHANGES: SPEED MATTERS

PRE-INTERNET INTERNET ERA BLOCKCHAIN ERA

The world runs like The Internet world runs like The Blockchain world runs like
a turtle (~ 5 km/hr) a rabbit (~ 50 km/hr) a cheetah (~ 100 km/hr)

REEVALUATE YOUR 5-YEAR OLD+ SOFTWARE

METAVERSE WARS
 LESSONS LEARNED FROM CRYPTO

Autonomous Decentralized Community Tokenomic Blockchain

Platform Cryptography Focus Security Modular

METAVERSE WARS
 THE CHASM
EARLY MARKET MAINSTREAM MARKET

CAR vs HORSE
WHOLE PRODUCT
SOLUTION

MINIMUM
FEATURE SET

Innovators Early Adopters Early Majority Late Majority Laggards

2.5% 13.5% 34% 34% 16%

People who want newest things People who want complete solutions and convenience

wikipedia METAVERSE WARS

 ABCD (AI, BLOCKCHAIN, CLOUD, DATA) &
X (MOBILE, SECURITY AND WEB)

Security
Blockchain Data 1994
2008 2005
Artificial
Mobile
Intelligence Web
Cloud 2007
2011 1994
2006

METAVERSE WARS
 DECEPTION OF LINEAR VS EXPONENTIAL
“GRADUALLY, THEN SUDDENLY”

You are
here

NOKIA vs BLACKBERRY vs SMARTPHONE

GROWTH Disruption

TIME

Exponential Growth vs Linear Thinking in Management Teams METAVERSE WARS

TECHNOLOGY-FIRST COMPANY
Technology Platforms

ABCD
(AI, Blockchain, Cloud, Data)
X
(Mobile, Security, Web)
New Process Data → Knowledge
INTEGRATED ABCD-X TECHNOLOGIES
Ecosystem New Business Model

MODERN CHALLENGES REQUIRE MODERN SOLUTIONS

METAVERSE WARS
“Today’s CEOs Need Hands-On
Digital Skills”
Harvard Business Review
November 26, 2021

“These days, the business is the

technology and the technology
is the business”

Joe Peppard, MIT Sloan School of Management

The Wall Street Journal
November 27, 2021

METAVERSE WARS
 LESSONS LEARNT:
WHY HAVEN’T COMPANIES (FULLY) IMPLEMENTED AI YET?

Ignorance - They still don’t understand it. They don’t get it so

they ignore it. (Horse vs Car)

Believe in AI
a. No budget
b. Has lot of money but no sense of urgency
c. Reinventing the wheel
d. Limited understanding about AI (Nokia vs Android/iPhone)
e. Technical Debts
f. CTO/VP Engineering doesn’t know how to invest, partner, buy vs build
g. Wrong hire - Don’t know how to recruit AI talents
h. Can’t recruit fast enough due to talent shortage
i. Can’t retain talents

METAVERSE WARS
AI & CLOUD GO MAINSTREAM

50+ governments have National AI Strategy including Indonesia

Competitors have learned, invested and deployed AI & Cloud

Recommended Actions: You Decide

a. Follow BCA & GDP Venture & GDP Labs models: Learn, Invest & Partner (LIP)
b. AI-Powered services, platform, products and features should be one of the key metrics
c. CEO should ask the engineering team to explain why if not implemented yet
d. Shareholders and BoCs should ask the CEO to explain why if not implemented yet
e. Apply the above to ABCD-X
f. Apply the above for Metaverse in the future
g. Apply to Quantum Computing in the future
h. Engineers should focus on the core business
i. Do not reinvent the wheel.

METAVERSE WARS
 CALL TO ACTION: LET’S COLLABORATE
WHAT GDP LABS HAS DONE

Require all GDP Help GDP Evaluate Partner with Partner with
Labs employees to Venture various universities industry
learn Blockchain, evaluate Blockchains (crypto
like we learnt AI various communities)
blockchain
investments

METAVERSE WARS
 CALL TO ACTION: LET’S COLLABORATE
WHAT GDP LABS HAS DONE

Hire consultants Build Share Provide Create various

with cryptography Blockchain Blockchain Blockchain/ blockchain/crypto
and security experts projects knowledge Crypto (sub) groups:
including PhDs Training Blockchain,
services Cryptocurrency,
Cryptography,
Metaverse and
Gaming

METAVERSE WARS
 CALL TO ACTION

1. 2. 3.

Senior leadership Recognize Digital Assign on Employees’

team conviction Transformation is a Performance Appraisal (PA):
and alignment never-ending journey Apply Technology on their job
a. Train yourself and a. Technology as a a. Learn ABCD-X skills
your employees core competency b. Apply those skills to improve
b. Hire new b. There will be something customer experience and your
employees with new in the next 5 years company
new skills c. Adapt to the “Brave New c. Set S.M.A.R.T. criteria to apply
c. Partner with World” by Learning, Un- technologies in your business
technology learning and Re-learning
companies

METAVERSE WARS
 GROWTH MINDSET: OPEN-MINDED
INSTITUTIONAL NO INSTITUTIONAL YES

● When we say, ‘Yes but….’ we are really ● If you are a manager at Amazon and one
saying, ‘No.’ of your people comes to you with a
suggestion your initial answer must
The typical responses to a creative suggestion might be:
be ‘Yes.’
○ Yes but it would cost too much.
○ Yes but the boss would never agree to that. ● If you want to say No then you must
○ Yes but we are too busy right now.
write a report on why you are
○ Yes but we tried something similar last year
and it did not work.
stopping this idea.

Results: Many companies missed PC, Results: Trillion dollars companies:

Internet and Mobile. They went bankrupt. Amazon, Apple, Google and Microsoft

METAVERSE WARS
 1. CRYPTO LANDSCAPE AND TRENDS

2. METAVERSE WARS

AGENDA 3. METAVERSE TECHNOLOGY

4. CALL TO ACTION

5. Q&A

METAVERSE WARS
NVIDIA

METAVERSE WARS