Dekaverse: DekaBank is in the Metaverse – The Beta Metaverse – Decentraland, Marketing & Gamification
Published on: July 20, 2023 / Update from: July 26, 2023 - Author: Konrad Wolfenstein
DekaBank enters the Decentraland Metaverse: A pioneer in digital finance
Blockchain, NFTs and more: DekaBank is exploring new technologies in Decentraland's Dekaverse
DekaBank, a German investment fund company, has taken a significant step into the emerging Decentraland metaverse by opening a branch there. Decentraland is a fascinating 3D virtual world where users can freely interact using avatars. The platform is browser-based, meaning no additional software installation is required. However, it is beneficial to own a wallet, a digital wallet, to make the most of all of Decentraland's features. Otherwise, users can only explore the metaverse invisibly and have difficulty interacting with other users or DekaBank.
DekaBank actively calls for people to participate in the development of the Dekaverse. With its branch in Decentraland, the fund company not only pursues commercial goals, but rather wants to demonstrate its innovative strength and actively participate in shaping the metaverse of the future. On the official DekaBank website, all interested parties are invited to take part in the development. The physical building is already there, but how the metaverse is actually designed and filled with life is in the hands of the active participants. DekaBank encourages users to give feedback and provides a corresponding feedback form in the Dekaverse. Alternatively, users can also contact us via email.
The Dekaverse serves as a kind of testing ground for DekaBank and its customers to explore new technologies and bring them closer to people. The focus here is primarily on blockchain technology, one of the most important innovations in digitalization. The blockchain made the development of cryptocurrencies and non-fungible tokens (NFTs) possible. In Decentraland, users have the opportunity to explore how the blockchain works and learn about cryptocurrencies and NFTs. This provides a unique opportunity for those new to these technologies to learn about them and expand their understanding of them.
More about this here:
Through its presence in the Metaverse, DekaBank positions itself as a pioneer in the financial industry and strives to use the possibilities of the Metaverse to develop innovative applications in the financial sector. It encourages its customers to actively explore new technologies and share their experiences with DekaBank. This exchange of knowledge and ideas is intended to help further develop the Metaverse and make it a vibrant and interactive space for financial services.
DekaBank is not the only financial institution that recognizes the potential of the metaverse. More and more companies from various industries are exploring the possibilities of the metaverse and using it as a platform for innovation, customer interactions and marketing activities. The Metaverse is evolving into a dynamic ecosystem where companies and users explore new possibilities and business models together.
DekaBank's decision to open a branch in Decentraland demonstrates its commitment to pioneering technologies and its willingness to move with the times. The Metaverse provides an exciting environment for the financial industry to explore new ways of interacting with customers, develop innovative solutions and shape the next generation of financial services. By actively shaping the metaverse, DekaBank is positioning itself as a pioneer in the digital financial world and consolidating its role as a trustworthy institution that is open to new technologies and ideas.
➡️ DekaBank's presence in the Decentraland Metaverse shows its vision and determination to help shape the digital future. By inviting customers and interested parties to participate in the development of the Dekaverse and to provide feedback, DekaBank emphasizes its openness to collaboration and the will to advance the development of the Metaverse in a collaborative manner. It will be exciting to see how DekaBank and other companies use the metaverse to further push the boundaries of innovation in the financial industry and open up new horizons.
The Dekaverse: An innovative step by DekaBank in the Metaverse of Decentraland
Strictly speaking, the Dekaverse is not a metaverse, but a marketing hack. It refers to a creative, unconventional, or quick method of achieving marketing goals.
The Dekaverse created by DekaBank is not a standalone metaverse, but rather a part of the larger Decentraland metaverse. The Metaverse refers to an immersive virtual world that offers a variety of applications, interactions and possibilities. While Decentraland represents the Metaverse as a whole, the Dekaverse merely represents a specific area or branch within this Metaverse. More about this here: Discover the Metaverse with DekaBank
Decentraland was developed as an open, decentralized metaverse built on the Ethereum blockchain. It allows users to explore a 3D world using avatars where they can freely move, communicate, conduct business and participate in various activities. Within Decentraland there are various land parcels that can be purchased and developed by users.
DekaBank has decided to open a branch in the Decentraland metaverse to demonstrate its innovative strength and to help shape the metaverse. The Dekaverse is therefore a specific area within Decentraland that is designed and used by DekaBank. It serves as a training ground where DekaBank and its customers can explore new technologies and familiarize themselves with blockchain technology, cryptocurrencies and non-fungible tokens (NFTs).
In the Dekaverse, users can explore the existing spaces and functions of the DekaBank branch, provide feedback and actively participate in building the metaverse. It offers a platform for DekaBank to introduce its customers to the world of digital financial innovations and to introduce them to the possibilities of blockchain technology.
Although the Decaverse is not a standalone metaverse, it still plays an important role within Decentraland. It shows how companies like DekaBank are recognizing and leveraging the potential of the metaverse to expand their footprint, engage customers and create new business opportunities.
It is worth noting that the concept of the metaverse continues to be the subject of intense discussion and development. There are various approaches and platforms that deal with creating metaverses, and Decentraland is just one of them. The Metaverse is an emerging phenomenon that still holds many possibilities and potential to revolutionize the way we interact, work, play and trade online.
➡️ The Dekaverse is an exciting initiative by DekaBank to be present in the Metaverse of Decentraland and to actively participate in the design and use of the Metaverse. It underlines the growing importance of the metaverse as a future-oriented platform for companies and shows how traditional industries such as finance can explore the possibilities of the digital space and take innovative paths.
Our Industrial Metaverse configurator
Just try out our universally applicable (B2B/Business/Industrial) Metaverse configurator for all CAD / 3D demo options:
Xpert (B2B/Business/Industrial) Metaverse configurator for all CAD / 3D data can be used on all devices, one platform!
Suitable for:
On the way to perfection: The project and the beta version - innovation in the making
➡️ Why we would recommend that DekaBank mark the Dekaverse project as a beta version
Transparency and progress: The project and the beta version - A journey to the optimal solution - and a good marketing communication idea
There are various reasons for calling a product or initiative a “project” or “beta” and can mean different things depending on the context. Here are some reasons why these terms are used:
1. In the development phase
When something is called a “project,” it suggests that it is still in the development phase. It may mean that the product or initiative is not yet completed or fully developed and requires further work or improvements. Marking it as a project signals that it is a work in progress and should not be considered a final version yet.
2. Flexibility and willingness to experiment
Calling an initiative a “project” can indicate that the focus is on flexibility and experimentation. A project can offer room for change, adaptation and innovation. It's a way to try out new ideas, gather feedback, and learn and grow along the way to the final version.
3. Test phase and feedback
The use of the term “beta version” indicates that it is a trial version and is not yet considered complete or final. A beta version is often released to collect feedback from users and identify possible bugs or improvements. It's a way to expose the product to real-world use and get valuable feedback to further optimize it before officially releasing it.
4. Transparency and communication
Using the terms “project” or “beta version” can also be a form of transparency and communication. It informs users that the product or initiative is still a work in progress and that not all features or aspects may be fully developed yet.
☝️ It allows users to adjust their expectations accordingly and be aware that the product has not yet reached the status of a final version. 😉 As the saying goes, in a slightly different form: Great deeds make you admirable, small mistakes make you lovable. 😉
➡️ The terms “project” and “beta version” serve to emphasize the development status, flexibility, experimental field and test character of an initiative or product. They allow developers to collect feedback, make improvements and reach an optimal final version, while users understand that it is an evolving solution.
The Gmail beta project from Google
Yes, Google actually launched Gmail as a “project” and “beta”. Gmail was launched in April 2004 and during the first few years of its availability it was referred to as “Gmail (Beta)”.
The designation “Beta” usually indicates that a product is still in development or testing and may not have all the features or stability expected in the final version. Gmail remained in beta for an exceptionally long period of time, until July 2009.
During this beta period, users were able to use Gmail for free, but had to receive an invitation to create an account. This invitation system contributed to the exclusivity and demand for Gmail, as it was initially viewed as a relatively limited offering.
Although Gmail was introduced as a beta, it was already extremely innovative at this stage, offering features such as generous storage capacity (compared to other email services at the time), an effective search function, an intuitive interface and the use of conversation views.
After coming out of beta in 2009, Gmail was officially established as a full-fledged email service and has since become one of the most popular and widely used email services worldwide. It has gained a large user base and introduced many new features and improvements over the years.
➡️ Because Google was so successful with Gmail, others came up with the idea of announcing their projects as a “project” and/or “beta version” in order to use a certain charm for marketing.
PC games with the term 'Project'
Here are some popular PC games that have the term “Project” in the title:
- “Project CARS” – A racing simulation game that offers realistic driving physics and a wide range of vehicles and tracks. “Project Zomboid” – A survival game in which players must fight for survival in a world overrun by zombies.
- “Project Zomboid” – A survival game in which players must fight for survival in a world overrun by zombies. “Project Gotham Racing” – A racing-oriented game series available on various consoles and also for the PC.
- “Project Gotham Racing” – A racing-oriented game series available on various consoles and also for the PC. “Project Highrise” – A simulation game in which players must design, build and manage a skyscraper, attract tenants and meet their needs.
- “Project Highrise” – A simulation game in which players must design, build and manage a skyscraper, attract tenants and meet their needs. “Project Snowblind” – A first-person shooter game with a futuristic setting in which the player plays as a cyber soldier with various Skills and weapons fights.
- “Project Snowblind” – A first-person shooter game with a futuristic setting in which the player fights as a cyber soldier with various skills and weapons. “Project IGI: I’m Going In” – A tactical first-person shooter in which the player fights as Secret agent David Jones completes missions to combat international threats.
- "Project IGI: I'm Going In" - A tactical first-person shooter in which the player, as secret agent David Jones, completes missions to combat international threats. "Project Wingman" - An action aircraft game that puts players in the cockpits of various Transfer fighter aircraft to engage in dogfights and complete missions.
- “Project Wingman” – An action aircraft game that puts players in the cockpits of various fighter jets to engage in dogfights and complete missions. “Project Hospital” – A simulation game in which players manage a hospital, design medical facilities, and take care of the care about the well-being of patients.
- “Project Hospital” – A simulation game in which players must manage a hospital, design medical facilities, and care for the well-being of patients. “Project Zomboid” – An open-world survival game in which players fight in a post-apocalyptic world Fight to survive and protect yourself from zombies.
- “Project Zomboid” – An open-world survival game in which players must fight for survival and protect themselves from zombies in a post-apocalyptic world. “Project Octopath Traveler” – A JRPG (Japanese role-playing game) available for the PC and the Nintendo Switch was released and offers a fascinating story with turn-based combat and a unique visual style.
- “Project Octopath Traveler” – A JRPG (Japanese role-playing game) released for PC and Nintendo Switch, offering an intriguing story with turn-based combat and a unique visual style.
These are just a few examples of PC games with the term “Project” in the title. There are of course many other games that contain this term or use similar variations.
The term “Project” in a PC game title can evoke various associations and expectations. Here are some possible meanings and implications:
1. Novelty and innovation
The term “Project” can indicate that it is a new and innovative game that may introduce new concepts, gameplay mechanics or technologies. It can give the impression that the game is fresh, original and brings something new to the gaming world.
2. Development and progress
The use of the term “Project” may indicate that the game is still in the development phase or is in an ongoing development process. This may give the impression that the game is constantly being developed and updated to improve the gaming experience and add new content or features.
3. Big ambition and scope
The term “Project” can refer to a game that has big ambitions or offers extensive content. It can mean that the game has a complex plot, a large open world, a variety of characters, or an epic story. This can create anticipation and expectations among players.
4. Experimentation and creativity
The term “project” can indicate that the game is experimental or creative and breaks new ground. It may give the impression that the game uses innovative gameplay elements, unique art styles, or interesting storytelling methods. This can arouse players' curiosity and desire to experience something new and extraordinary.
5. Mystery and unknown
The term “project” can also suggest a certain level of mystery and unknown. It may indicate that the game has not yet been fully revealed or that it has some surprises or unexpected twists. This can stimulate players' curiosity and draw their attention to the game.
➡️ The exact meaning of the term “Project” in a PC game title may vary from game to game. The intent and message behind the title can vary depending on the stage of development, content and marketing strategy.
Gamification in the Consumer Metaverse: Engage your target group in a playful way
The Path to Success in the Consumer Metaverse: Marketing Strategies and Gamification Trends
Marketing and gamification are two important aspects that play a crucial role in the context of the consumer metaverse. The consumer metaverse, also known as the virtual or extended metaverse, refers to an immersive virtual world where users can interact, play and transact. This virtual reality offers companies the opportunity to market their products and services in innovative and exciting ways while leveraging the gamification elements to increase user engagement.
In the field of marketing, the consumer metaverse enables companies to address their target group in a completely new way. Instead of using traditional advertising methods, companies can use virtual spaces and avatars to build their brand presence. For example, a company could open a virtual store where users can try out the products, interact with other users, and even make virtual purchases. This creates an interactive and immersive experience that far surpasses traditional online shopping.
Another interesting marketing strategy in the consumer metaverse is collaborating with influencers and content creators. In the virtual world, influencers can build their own brands and build a fan base that trusts their recommendations and opinions. Companies can use these influencers to promote their products and services, gaining wide reach and credibility.
In addition to pure marketing, gamification elements in the consumer metaverse offer an additional opportunity to increase user engagement. Gamification refers to the integration of game-like elements into non-game contexts to increase motivation and the fun factor. For example, in the Metaverse, companies can introduce leaderboards, rewards, and challenges to encourage users to participate and interact. These gamified elements can make the experience in the consumer metaverse even more engaging and entertaining.
Another interesting aspect of gamification in the consumer metaverse is the possibility of introducing virtual currencies and in-game purchases. By using cryptocurrencies and blockchain technology, companies can give users the ability to buy, trade and own virtual items. This not only creates an additional source of income for companies, but also allows users to customize and personalize their virtual character or space.
Additionally, gamification can be used in the consumer metaverse to encourage users to interact with specific products or brands. For example, companies could introduce mini-games or puzzles that allow users to unlock rewards or exclusive content when they complete certain tasks. This creates active user participation while promoting brand loyalty.
➡️ Marketing and gamification in the consumer metaverse offer an exciting and innovative way for companies to interact with their target audience and promote their products and services. The immersive and interactive nature of the Metaverse allows companies to create unique experiences and increase user engagement. As the consumer metaverse continues to evolve, the use of marketing and gamification in this virtual world will certainly continue to grow and play an increasingly important role for businesses.
New territory for newbies: What you should know now about blockchain, tokens, NFTs, wallets, cryptocurrency and the metaverse
In today's digital world, terms such as blockchain, NFTs, wallets, cryptocurrencies and the metaverse have become increasingly present. For newcomers, these terms may seem confusing and complex at first. Here we try to explain these terms in an understandable way and give you important and interesting details about them.
More about it here:
Xpert.Digital – Pioneer Business Development
If you have any questions, further information or need advice on the topic of Consumer Metaverse or Metaverse in general, please feel free to contact me at any time.
I would be happy to serve as your personal advisor.
You can contact me by filling out the contact form below or simply call me on +49 89 89 674 804 (Munich) .
I'm looking forward to our joint project.
Xpert.Digital – Konrad Wolfenstein
Xpert.Digital is a hub for industry with a focus on digitalization, mechanical engineering, logistics/intralogistics and photovoltaics.
With our 360° business development solution, we support well-known companies from new business to after sales.
Market intelligence, smarketing, marketing automation, content development, PR, mail campaigns, personalized social media and lead nurturing are part of our digital tools.
You can find out more at: www.xpert.digital – www.xpert.solar – www.xpert.plus