Data structure
| First-order concepts | Second-order themes | Aggregate dimensions |
|---|---|---|
| NFT and metaverse development and design are economically feasible | Affordable design cost | Enablers of value creation |
| Blockchain enables Metaverse to store user and application data in a decentralized database management solution | Decentralized database | |
| Connect without interruptions to other systems and applications | ||
| Cryptocurrency will be the currency for transactions in the metaverse. It has multiple use cases in an evolving, decentralized, peer-to-peer and community-based digital eco-systems | Cryptocurrency as medium of exchange | |
| The research found that small business finance leaders are increasing their adoption of cryptocurrencies and the metaverse as digital payment technology advances | ||
| Transporting 3D product visualizations, human holograms and 360 portals to its audiences | Extended reality | Digital resources for value creation |
| Changing e-commerce, digital advertising, hybrid virtual events | ||
| Work, play, socialize, interact and also shop with brands and merchants, using VR and AR headsets | VR | |
| AR-related education and training opportunities | AR | |
| Value creation in the digital metaverse with wearable assets, physically redeemable artwork-, and unique ownership benefits | ||
| Specializing in NFT architecture | Blockchain integration | |
| Creates and runs AR platforms | ||
| NFT serve as the basis for value creation | NFTs | |
| NFT accelerates the transition into virtual worlds | ||
| The rebranding may lead to pecuniary benefit for the company in terms of value creation and may pique investors' interest | ||
| Naturally, the NFT merchants are seeking additional credibility and a value-creation logic specific to the online art market | ||
| The core tenet of the metaverse is that real-time, interactive, accessible virtual, 3D settings will revolutionize how people connect with each other and with businesses | Social and business engagements | Motives for value creation |
| Industrial metaverse | ||
| Decentralized metaverse | ||
| Automated logistics | ||
| Opening up options for creators to profit from their work | New entrepreneurial opportunities | |
| Metaverse driving digital transformation | Digital transformation | |
| Technology that protects people's rights and dignity | ||
| Blockchain technologies shaping the future in every area that touches everyone's lives | ||
| ROI is causing the demand for the company's 3D technology to expand quickly | Return on investment | |
| Innovating and implementing strategic initiatives to increase the adoption of blockchain technology | Strategic initiatives | Value creation practices |
| Synchronicity, interoperability, persistence-, and being populated by content and experiences from both individuals and corporations | Social media presence | |
| Merging the physical and digital worlds to accelerate value creation | Interoperability | |
| Three key aspects feature the metaverse: presence, interoperability-, and standardization | Standardization | |
| In the face of ongoing change and uncertainty, MCB may model and perfect manufacturing processes indefinitely before implementing them on the shop floor. This will increase efficiency and reduce environmental impact | Product simulation |
| First-order concepts | Second-order themes | Aggregate dimensions |
|---|---|---|
| NFT and metaverse development and design are economically feasible | Affordable design cost | Enablers of value creation |
| Blockchain enables Metaverse to store user and application data in a decentralized database management solution | Decentralized database | |
| Connect without interruptions to other systems and applications | ||
| Cryptocurrency will be the currency for transactions in the metaverse. It has multiple use cases in an evolving, decentralized, peer-to-peer and community-based digital eco-systems | Cryptocurrency as medium of exchange | |
| The research found that small business finance leaders are increasing their adoption of cryptocurrencies and the metaverse as digital payment technology advances | ||
| Transporting 3D product visualizations, human holograms and 360 portals to its audiences | Extended reality | Digital resources for value creation |
| Changing e-commerce, digital advertising, hybrid virtual events | ||
| Work, play, socialize, interact and also shop with brands and merchants, using VR and AR headsets | VR | |
| AR-related education and training opportunities | AR | |
| Value creation in the digital metaverse with wearable assets, physically redeemable artwork-, and unique ownership benefits | ||
| Specializing in NFT architecture | Blockchain integration | |
| Creates and runs AR platforms | ||
| NFT serve as the basis for value creation | NFTs | |
| NFT accelerates the transition into virtual worlds | ||
| The rebranding may lead to pecuniary benefit for the company in terms of value creation and may pique investors' interest | ||
| Naturally, the NFT merchants are seeking additional credibility and a value-creation logic specific to the online art market | ||
| The core tenet of the metaverse is that real-time, interactive, accessible virtual, 3D settings will revolutionize how people connect with each other and with businesses | Social and business engagements | Motives for value creation |
| Industrial metaverse | ||
| Decentralized metaverse | ||
| Automated logistics | ||
| Opening up options for creators to profit from their work | New entrepreneurial opportunities | |
| Metaverse driving digital transformation | Digital transformation | |
| Technology that protects people's rights and dignity | ||
| Blockchain technologies shaping the future in every area that touches everyone's lives | ||
| ROI is causing the demand for the company's 3D technology to expand quickly | Return on investment | |
| Innovating and implementing strategic initiatives to increase the adoption of blockchain technology | Strategic initiatives | Value creation practices |
| Synchronicity, interoperability, persistence-, and being populated by content and experiences from both individuals and corporations | Social media presence | |
| Merging the physical and digital worlds to accelerate value creation | Interoperability | |
| Three key aspects feature the metaverse: presence, interoperability-, and standardization | Standardization | |
| In the face of ongoing change and uncertainty, MCB may model and perfect manufacturing processes indefinitely before implementing them on the shop floor. This will increase efficiency and reduce environmental impact | Product simulation |
Source(s): Author's own elaboration
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