How Does Business ACTUALLY Work In The Metaverse

Mark Kohler and Remy Campbell, a University of Georgia student building in the metaverse, explain how business actually works in virtual worlds. They cover virtual real estate, NFTs, DAOs, play-to-earn games, and the tax implications of making money in platforms like Decentraland and Sandbox.
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Welcome, everyone, to the Main Street Business podcast. This week's episode. We are coming to you from the
future in the real world. We're in the real world.
The future, too. We're bringing the future to you. We want to let you know what the heck's going on.
Yeah, this is exciting. Now, for Those watching on YouTube, you can see a special guest. We'll introduce him here in just a moment. But for you. Okay, what would you say? The old people or the non progressive? I don't know. I don't want to offend someone, but I'm proud of you for listening to this. You saw the word metaverse and you're like, am I really going to listen to this?
Yeah,
yeah.
Maybe you're subscribed to Wired magazine or, I don't know, Science and technology magazine, or you listen to some science podcast or tech stuff. This is your tax and business lawyers. We're going to give you a little dose of the Metaverse because we think it's cool and it's interesting and there's some stuff we think our listeners and clients should know.
Yeah, yeah. So the topic today, I want to do this with legit. For Those watching on YouTube, we are coming to you live from the Metaverse. Now, for those that are listening to the podcast, I just put on my Oculus. What do you call these things?
Oculus Quest 2.
Oculus Quest 2. Virtual reality glasses. Yeah, goggles. So anyway, they're pretty cool looking. Maybe you sell some kids at Christmas, get one and your family, or you're old enough and geeky enough as me to have one. But today's topic is doing business in the Metaverse. Now let me. For those of you that already are doing business in the metaverse, let me give you a dose of reality. The IRS is going to tax you just like you're in the real world. And you can go, no, they're not. It's just a token. It's just this. No one knows who I am. No one's going to catch me. Well, we'll do a whole other podcast on paying taxes in the metaverse, but we have already started setting up s corporations for clients making money in virtual reality. If that didn't.
I mean, pretty cool. Well, we. We had to bring in a special guest today, so we brought in Remy because you don't want two tax lawyers talking about this. So look at Remy. I mean, if you're looking on YouTube, Mark and I are a little older than Remy. You know, he's wearing his hoodie, of course. Very Metaverse, you know, that's. You don't want a guy like in a suit and tie coming to tell you about. Would you trust him?
Yeah.
If he was wearing a suit and tie, you'd be like, he's a bozo.
He doesn't know what he's talking about.
Yeah.
Perks of the metaverse is I can work from home.
There you go.
He knows what he's doing. He's under 25. He's living the dream. We're still catching up. Okay, now let me introduce him here officially. So for those again, you've. On YouTube, you've been able to see his face for a few minutes, but Remy Campbell, a University of Georgia business student. Huh? Okay, so right there, that's a good foundation. Stay the course, get that done. Yeah, Playing the game, opening doors. Anyway, he's also a moderator for Odd Key, which is a NFT marketplace being launched. This, this Q1 of 2022 with Todd McFarlane and Steve Aoki. And it's a NFT marketplace for really musicians and artists at the highest level. It's darn, darn legit. And he's a moderator on Discord for their community. So he's really helping the founders launch that. He's also right now, at the same time, now, some of you that are techies, you get all this, but he is a co founder in a dao, or a dao, which stands for decentralized autonomous organization. And this DAO is making money in different Metaverse platforms, principally Upland. And he just. Or upland. And he told me he's also going to be going into Minecraft with that and various other metaverses. So this guy knows what he's doing. He's. We're excited. Remy, welcome.
Thank you, thank you, thank you.
Okay,
so do I need to like, I just think this is like so futuristic, you know, it's like, it's like you see it in the movies and virtual reality. So like, for someone who has not done this yet, how would you explain it to them and why should they know about it right now?
Yeah.
What's a metaverse?
Well, a metaverse is a concept. It's an idea of like just a digital universe, being able to have a digital economy where you can meet and socialize with people, just all virtual. And so it's an idea. And that's what Facebook, EA Niantic, Roblox, Ubisoft, all of these companies have focused their attention on, is creating sort of their own in work in virtual world economy and digital ecosystem.
Now you said Facebook I thought they changed the name to Meta.
Yeah, there you go.
If that's not a big indicator that this could be a huge thing in the future, I don't know what is. They changed their whole fricking name to Meta from Facebook.
Go ahead.
No, and Remy, I think Remy just said something that was really interesting to me, is that there's not one Metaverse right now. There's different companies vying to be the Metaverse and maybe explain how there's. Metaverse is a term, but that doesn't mean there's only one. Can you explain that?
So since this is a whole digital ecosystem, we've already had different, let's say, social platforms. We got Facebook, Instagram, Snapchat, Twitter, all these different social platforms that people use. There's going to be different platforms of Metaverse. But as technology increases, hopefully the metaverses will converge and they'll be super interconnectable. You can go from one to the other super quickly, easy. The currencies will be similar. It'll just be super accessible for everyone. But the technology, realistically, only one or two technology companies will have the monopoly on the haptic suits, the omnidirectional treadmills, the VR technology. But then all these actual companies will go onto that technology as third party developers and build their, build the Metaverse on their platform.
So I think this is a little different because like when the Internet came out, you know, everybody could get on the Internet. It was the same thing. You know, you got your URL or your sites up there and someone's on Amazon and they can jump over to ebay or whatever, you know, and so you're jumping around. But here I'm. When I'm in a Metaverse, I'm in, I'm in containment there. But you're like, but that's how it is now. You're saying eventually it's like you may have like a passport and you can go from one country, you know, to another, so to speak. One Metaverse to another is though, that's the goal in the long term. But that's not reality right now.
No. Well, I mean, you can. I mean, I'm on a bunch of different projects, but each project is a, you know, a whole new hassle to get on. Sometimes they have their own wallets, sometimes they have their own currency. The currencies are hard to swap between games. So if I want to play go into uplands, Metaverse, there's an upland specific currency. That currency won't be used in a different metaverse. So I'd have to swap a bunch of exchanges, which I found out is all taxable.
Okay, now let me. That's now for some of you, where your brains are already swimming and you're like, I can't listen to this podcast. It's too complex. Take a breath. Okay, everybody, let me, for lack of a better word, dumb this down, which I've had to do for myself to get my head around this. Think of Facebook as probably the big gorilla in the room that's trying to really be the metaverse of the future. Then maybe they'll be the one, maybe not, we don't know. But their metaverse is again, one community and one platform that you can dial into, if you will, and get there and go socialize. So these little goggles that I put on here at the beginning of the show is the portal, for lack of a better word in my mind, to logging in and going into the Facebook metaverse. And on Christmas Day or the day after, my daughter and I and one of our other attorneys, Max Merritt here in the office, we put on our goggles and we went to the Metaverse and we met there virtually. It was kind of cool. You logged in through your Facebook ID for like, I guess, your profile. And so I had a little avatar. Now, if some of you have seen the movie Ready Player One, the avatar looked like a human. Their avatars are still kind of computer looking, but my face was there and we were able to meet there and talk. And I actually bought some real estate, which we're going to come back to here in a moment. So that was Facebook's metaverse is I could go there, I could talk, I could buy things, I could play games, I could make money, I could spend money. That's Facebook's platform.
What does Facebook call it?
They call it the Multiverse. The Multiverse. Okay, now, Remy, tell us about Upland, which you've been probably. Which is probably the most forward thinking metaverse platform right now, especially with real estate. Can you tell us about that one? Just we get our head around that.
Yeah. So Upland is a virtual property trading game that's kind of like. It's kind of like a big game of Monopoly. But all the addresses in the game are linked to the real world addresses. So in 2019, they launched San Francisco. And so you could go in and let's say you lived in San Francisco, you'd be able to buy your house virtually. Since then, they've launched like Cleveland, New Orleans, Kansas City, New York, a couple others, I can't think of off the top of my head. And essentially in this game, you can develop your property, you have your avatar, and in order to get your avatar from one place to another, you have to take a bus or train or plane. And all of this is costing the game's currency, upx. And that UPX can be sold back into USD. So it is real money. It's a whole digital economy. They have a lot of plans for it. It's cool because they're the only metaverse that I've seen that's selling digital real estate that links to the actual real world property and they have the contracts with the cities.
Now, Matt, Remy was telling me about this. Remy, tell us about your property in the Bronx.
Okay, yeah, so I, they did a Bronx, Elise, and obviously Bronx is very historical. So I did some research, I tried to find some public figures, like their houses in the Bronx. So Stan Lee, where he grew up, I went and I was the first right on drop. I was there probably five seconds after the drop launch and I bought Stan Lee's house. And since then I've gotten people off. You can put in offers for people's property, right? So people have offered me up to 4 or 5x of what I paid for it already, just for Stanley's. I haven't sold. But yeah.
So what's the long term thing? Like I, let's say I'm in upland and I've got, you know, I'm, I'm there. You know, you use the same Oculus or you can use some other. Google has their, what do they call the Google glasses? Yeah, Glass glasses. Google glasses, whatever. So I'm in there. But like, what, what's the. Why should a business owner or investor care about this? Like, what's going to happen? Are people going to be buying and selling goods in there? Are companies going to have storefronts? I remember it was just like Christmas. I was Christmas shopping a week or so before Christmas. Mark calls me. It's like a Saturday. I'm walking around, he's like, hey, I'm gonna buy, I'm gonna buy some digital real estate in the metaverse. I'm like, okay, just like so, but like, but Mark was telling me, he's like, companies are gonna be like selling stuff. Just like I was at the mall at that moment, literally physically walking around from store to store buying stuff. Like, is this what it could be in the metaverse?
100%. 100%. So just like NFTs how they can be linked to real world assets. So when you go on Amazon Right now, and you buy something, it could get delivered to your doorstep, right? So let's say I'm in the metaverse and I'm going to a storefront. Well, I can buy assets that I can only use digitally, but then let's say right next to it, I got some. But when I buy it in the metaverse, that's just the transaction, and then it gets sent to my door. So they'll be just corresponding. So they have in game assets and in real life, assets that you can just all buy virtually. Like, let's say I'm walking down a virtual mall, and you just be on display.
And let me put this in perspective from my point of view. When I went to Upland and Remy was saying, okay, here's property, and you can buy it and all that, I didn't have to wear goggles. It was more of a kind of a 2D format. I look at my computer, I can see property, and I can buy it. It wasn't much of a social experience, except I could see other people there. I guess I could chat with them. But Facebook, I think, has come from another perspective. Let's make it social first. Get in there. Get your goggles on. I was in there, and someone had just walked up to me. Hey, how's it going? I'm like, who are you? And so it was, like, very social. And I actually. This sounds crazy. I got to tell everybody. Max Merritt, one of our attorneys, he's like, meet me at my building. I bought a apartment, a condo in a building. I'm like, okay. So I walk, I go over there with my little goggles on, and I can see him. And he sees me. He's like, come up to my place. I go, okay. Click. And we zap up to his apartment. It's furnished, and we literally sat on the couch, looked at each other, and I saw his face and my face in the metaverse, and I was like, let's watch tv. But the TV is still in beta format, so we could. But eventually we'll be able to sit there on his couch in the metaverse and watch a movie where Upland was more of a flat screen. Okay, I'm going to buy real estate, and I can rent it and do that. So there's different metaverse experiences is what I'm getting at. Is that true, Remy?
Is that.
That's right, yeah.
So that Facebook experience, you said rec room has been a thing for a while, quite some time. So that social VR experience, what you experienced, is already a thing. Facebook is just now making Their own version of it. The incorporation of that plus NFT technology, digital ownership. So the fact that you can own that apartment building, like in rec room, it's not put on a blockchain. Tech put on blockchain. So I wouldn't be able to own anything in that game. But Facebook is building that same sort of thing just with digital ownership. And the idea of digital ownership is what makes everything possible. But yes, you're right. Facebook is going at it for the social side first. A lot of these other games are going at it from the 2D utility side, getting the community going, and then I'm sure they'll convert to VR. A lot of them have said that they plan on going VR, most of them. So.
So what about Decentraland? That's one you hear about and that's one that has its own little. I know there's like mana. Like they got their own crypto there that you use.
What.
What's Decentraland? How's it.
There's two projects that are huge and I will say I don't want to give any information on because I'm not an authority on the subject. I'm not in them. So Decentraland is one of them. And Sandbox, I know that they are very popular. Obviously they're one of us too popular. But the entry level prices are pretty astronomical. So for like Sandbox to buy a piece of land, it's like $5,000 minimum right now. So the entry point is pretty unrealistic for someone my age. And so I haven't even looked at it. Most project. Most projects I go for are smaller, have less traction, But I actually think are better projects overall.
Now let's take a moment and say this too. Okay? If some of you are like, I got to learn more, I want to go. I own real estate in the Facebook Metaverse. Now I want. Remy actually has an apartment building in the Bronx too, with tenants, which is crazy. We'll come back to that. But Remy, give everybody your YouTube channel. How can they get there? So, because I know you've got some videos on how to buy real estate, how to get started, how to do.
Last night I just uploaded or not. I don't know when this goes live, but last night for me, was I. What was I about to say? Yeah, I bought video. Yeah, I uploaded a video on upland and basically how to get into basic fundamentals on the project. And so into the Metaverse is the YouTube channel name.
Into Metaverse, into space.
The space Metaverse. Yeah, you might have to filter by Channel because I'm not too big yet.
Well, we know you're. Well, I've loved your videos because they make sense and I can understand them. And for some of you that are new to all this technology, I want to say thanks to Remy for kind of keeping it basic and dumbing it down so into the Metaverse YouTube channel. Remy Campbell. Find it and subscribe because I know you're. You're shooting new videos all the time to help people understand this, but tell us about your renters. You have rental property, so that's not yet.
So they. Upland has a roadmap so you could see exactly what they're planning on doing. So you can basically plan your investments for the future of what they're doing. Soon your avatar in Upland will have to rent property, rent out housing, but not yet. Okay, but I'm building apartment buildings because I know in the future I will be able to lease those, rent those out to people.
Yes.
Because if you're care. Let's say your avatar does. Doesn't have a place to stay, there will be some sort of backlash from the game. So you have. You'll be incentivized to buy a place for your avatar to stay. And then obviously there's only so much developed, developed land. People are going to come to me for the housing.
Okay, so first to the marketplace will. Okay, now some of the other videos we're going to be shooting here on podcasts in the next few weeks. We want to get everybody up to speed on this and then we'll get back to more of our. Maybe bread and butter, real world,
but so mundane.
Yeah, again, I said this at the very beginning of the show. If you make money in the metaverse or you make money selling lemonade, you're still paying taxes. People, just because it's virtual doesn't mean the IRS is going to say, oh, that's okay. There's people making hundreds of thousands of dollars a year right now on online with these strategies or more.
Yeah, people are making millions of dollars in one sale.
So, I mean, even the irs, this is hilarious because they have publications out that talk about if you have stolen goods that you have not returned within the same year, that's income. Oh, that's good to know. So I better report that as income. I stole some goods. I got to report that at fair market value. If I haven't returned it within a year or illegal activity. It's like literally an IRS publications. You think they're going to say, oh, this is in the metaverse. They've already told us they're going to tax virtual currency transactions and everything. We know that. But I think most people hopefully looking at us as trying to be ahead of the curve in where our economy's going, where people want to interact, where marketplaces may be, and the fact that so many of these big companies are getting in on it, and I think like Facebook feels like, you know, think of the hardware that goes with it, like the Oculus that Mark was showing. Like, that's like the iPhone, you know, I mean, how connected are we to our iPhones? How many things can we do on that thing that 20 years ago were like, you thought you could just make a phone call, you know? And so these companies that are making these devices and Facebook going all in on this is, I think, very interesting and something I think all of us should just get a little up to speed on now. And for those, for many of you listening, you might be like, yes, it's not my cup of tea. That's cool. That's cool. You know, maybe you've got something cool you can say at a party, but for many of you that are intrigued by this, I think it's something to look into and go down the rabbit hole on. Could be fun.
Well, yeah. Oh, go ahead.
Well, let me set the stage here, Remy. I've got an important question for you on that. Your dow. If I could I. And as a parent, let me throw this out too. I've got kids in college, and my daughter Molly, who we've talked about on the show before, my little paper shredder has now moved on to college. She won't paper shred for me anymore. But Molly, as a college student, said I want social interaction. And if I'm not able to do it in my dorm or apartment building or whatever, I. I can go in the metaverse and meet people and have a social experience. But as an entrepreneur, she can also go in the metaverse and make money. She can sell things, she can develop things, and she can invest. And that's a concept a lot of people don't understand is doing business and investing are two different things. You can go in the metaverse and actually make money, or you can go in there and buy something to hold it, like these NFTs or real estate, and they're two different concepts. And so Remy, maybe explain just. I know it's a deep concept. Some of our more techie listeners are going to love it, but tell us what you're doing that's maybe business oriented and investment oriented, and where this Dow fits into it that you're working on.
Okay, so NFTs, NFT technology I think is misunderstood a little bit. When people think NFTs, they kind of think, oh, digital picture. I could just screenshot it, you know, like blah, blah, blah, blah. Well, it's actually just the technology behind the digital ownership that makes it possible. So there's different types of these NFTs. Some have defined NFT non fungible token.
Okay.
Yeah. So it just can't be duplicated. So it's digital ownership.
So it could be real estate or it could be a piece of art.
Yeah, exactly. Anything digital. They all their different utilities. It still could be owned by you through NFT technology, but they all have different utility.
It could be music, it could be a ticket to a concert. Lots of things.
Exactly. A real estate deed. You can link real estate, housing, NFTs and smart contracts can completely negate the use for escrow. That's going to be a huge thing.
I went to, I spoke at the Blockchain Real Estate Summit, I don't know, six months ago. There's counties in the US looking at moving away from recording deeds and, and doing it all on a blockchain. And you're going to be, that's how your, your deed is going to now be.
It ain't.
Well, yeah, and it's like county recorder's office anymore.
All businesses in some way shape or form are going to have to incorporate onto NFT technology within five years. I mean, if a video game, if you were not able to earn money by playing a video game after like two years, it's going to be completely irrelevant. Most video games will be play to earn and so it's just.
Yeah, well, okay, so a dao. What's a dao?
It's a decentralized autonomous organization. It's essentially A good example is Yield Guild games. If you're really curious, you could do some research into that. But it's essentially a way for all these people that you meet online to pool their money into these projects, to increase their earnings safely through smart contracts so that you don't, you're not getting scammed by random people online. It's really all safe through smart contracts and digital ownership.
Well, okay, that didn't make any sense. But what I want. No, I will say this. To keep it simple, we're going to do a whole podcast on the dao and we'll have Remy back for that, I'm sure. But to me, what is going on with these daos is I can go in The Metaverse. I can create a business partnership and say, hey, let's pool our money and let's do something as a group. Let's play this game together. Let's work together to make money. And just like in real life, that's
exactly what it is. It's like a Gunther clan in Ready Player One.
Okay, now I would say this too. If any of you are kind of fascinated by this, skip the movie, just go download the audiobook and listen to Ready Player One and I. Fascinating. That's really where we're going. Was that fair to say, Ronnie?
Yeah, a hundred percent.
Okay, well, in a dao, too, I mean, daos are like a lot of blockchains, a lot of the crypto. Like, they have a dao that determines what they're doing, right? And based on how much you own on that blockchain or the crypto that gives you your voting power. So the, so the daos are, you know, these are the. When it's like, well, who controls, you know, Ethereum or, you know, okay, well, there's a dao, essentially, who controls these different cryptocurrencies and makes the decision about all these things that they need to decide on because there's innovation and technological improvements and all that. Well, it's the dao. It's not a government organization. But a lot of states like Wyoming, I know, has a statute for daos now. You know, it's like LLCs, corporations, DAOs. Like there's already states creating laws on how to organize a dao and get basically like state government charter of it. Pretty interesting.
The tech people must hate that, Remy, right? You're like, we're trying to be the wild wild west out here and the government's already trying to regulate you. So yeah,
here's what's going to happen, though. That's why I think it's necessary important is if there's enough money in this stuff, there's going to be lawsuits, there's going to be people try to manipulate it, and you're going to want some. Some laws and some rules and some courts that are after enforce some stuff. I, as much as we, you know, bicker about our government and stuff, go to these third world countries that have no court or rule of law, and it's just like, it's not the wild wild West. It's like dictators, and yet there's just this, not a free market.
Okay, now maybe one or two more questions here for Remy and everybody. I want to summarize this again and say that going into Virtual reality from a business tax and economic standpoint is just like regular reality. So don't fool yourselves. You're going to have to be careful with your business structure and how you do your bookkeeping and tax returns. Because this blockchain that you're playing with people, that's a written record. And if the IRS audits you, they're going to be getting your blockchain to figure out what you did. And you can't hide from that. You're like, well, they don't know my Social Security number. Well, if you're a U.S. citizen and you're driving around a really nice car, living in a big house and not reporting income, it gets suspicious. So be careful out there, folks. Now making money. One thing that I thought was interesting again is that's bringing this back full circle, is that Remy said, hey, I bought a piece of real estate. I'm sitting on it. I could sell it. That's capital gain. He would literally make US Dollars selling his digital real estate in the Bronx. But you also told me about how you can make money by improving your avatar or your spaceship or something like that. Some of you parents out there are going, why are you playing that game? Well, I'm leveling up. I'm getting better armor or better weapons or better transportation. And you can sell that avatar and make money. And there's big money in that. Could you explain what's going on there?
Yeah. So, I mean, I'm sure most of us have some played some form of video game. When you're playing a video game, you can earn rewards, right? But used to, you don't own those rewards. Just it's in the game, right? But now there's a secondary economy because people who are interested in the game might want to purchase those off you, right? So you can actually sell them. You can just resell all the rewards you earn. So if I'm playing, let's say Star Atlas, which is basically a spaceship game where I'm going to be able to own planets, you have your ship and I use that ship and I go destroy other people's ships, right?
I'm taking it so far. Keep going.
Okay, yeah, I destroy their other. Their other ships. Their ship is burned, that NFT is burned, right? But they drop their loot, I take their loot. Those are all NFTs, right? I can resell them or, you know, maybe there might be equipment that I can put on my ship to make it better and eventually resell my ship. And so that's just playing to earn more Rewards which I can then resell.
Are people doing that? Yes. How much money can someone make buying a ship and making it better and reselling it? I've seen people making several thousand. Is that fair?
Oh, yeah, that's fair. Yeah. 100% more than that depends. So there's different. Like in Sar Ellis, because that's what I'm used to. There's entry level ships at like $20 that I can use to generate returns, but there's also ships that are 100 grand off drop, so.
Hold it.
I can spend a hundred. There's people out there buying ships to play this game with 100,000 of regular US dollars.
Oh, yeah. 100%. Way more than that. Someone bought a yacht in sandbox for $580,000.
What?
Yeah, a yacht. A digital yacht in sandbox.
Oh, my gosh. It's crazy. Okay, now where's the Millennial Falcon and all this?
Well, ve, which is a platform I use, has the license for Star wars, so I'm hoping I'm there because I want one too. I want one too.
Oh, my gosh.
Cool.
Wow. Fascinating. So, well, I played Joust. I'm pretty good on my little horse, so if my horse and my Joust gets really good, I could sell that and make money. That's.
Well, yeah. I mean, if there was a progression system in Joust, I don't think there was a leveling system in that game.
Oh, my gosh. This is crazy.
Well,
fascinating new world. I'm kind of speechless. This is so interesting.
Yeah, I was. The last question I was going to ask was what. What's the difference between VR and ar? What's the difference between those two?
So virtual reality is when you put on the Oculus Quest 2 and you're. It's a whole new world. Augmented reality is like glasses, so it's formatted to your surroundings. So let's say Niantic, for instance, they just launched a project called Lightship ar, which essentially they're allowing third party developers to come in and program their games on their AR technology that they're going to be. So I put on glasses, right? And I still see the room, but there's a digital overlay. So let's say I have an NFT poster, right? Well, I'll be able to wear my glasses in my house and there'll be a digital overlay in my house. So I could see some really cool artwork on the walls. There might be some statues that I, you know, purchased or some. Just anything. It's just a digital overlay. On the real world.
Okay. Yeah.
So I think AR and VR are both the future. There's two different types of technology that are going to be huge.
Okay, well, I'm going to summarize this from my perspective and tell me if I'm wrong.
Okay.
The metaverse is a loosely held term. No one owns the metaverse. There isn't one metaverse.
Okay.
Take away number one, we're good. Yes. And different companies are creating metaverses and want you to come play in their metaverse. Whether it's a game or whether to socialize or to buy and sell art or to buy and sell real estate. There's these different types of metaverses that exist. Yes. What are the big two or three or four?
Well, obviously the most popular. I'm assuming Facebook's. I haven't played Facebook because my quest is back in Georgia. Decentraland and Sandbox. I know those are huge. But there's also Veevee because they're doing the more collectibles route. Upland is pretty big. I mean, they have 150,000 daily active users, and that's with very little advertising. Thing about Upland is they're partnered with the NFL. So I'm just going to throw out some speculation. I wouldn't be surprised if we see an Upland ad in the Super Bowl. I wouldn't be surprised at all. They have a partner with. So there's a big one, and then there's some gaming ones that I'm in that are probably not as big as these other ones, but I like them because I play video games, so.
Well, I'm going to. I'm going to go to lunch. Matt, do you want to go meet in the Metaverse and go out for.
Yeah. Can we go somewhere nice, though?
I have a feeling I'm going to be eating in the Metaverse, but not really feeling full.
Like, could we be like, in like a really nice restaurant? But I'll just be eating like Chipotle or something?
Or like you're making that as a joke. But people already do that. Yeah, people. Well, because for social experiences, they're like simulations. So you can go to a restaurant and you're in the restaurant environment and you'll have food that you can like virtually eat and talk to people. You're not actually eating, but you're just in that social environment.
Yeah.
You know, it's funny. Last night, Max Merritt, who's one of our techie type attorneys, Darren Charrington's been on the show a number of times. Max called me last night at 11 o' clock at night. And he says, we're going to go golfing down in Malibu. Do you want to come? And they had all their oculus glasses on. There was three guys. They said, we need to force them. And. And I was like, what? He goes, It's 14 bucks. Just go get the app, join. And we're going to meet in Malibu and golf nine holes. And you and I go, really? And he's like, yeah. You just walk along like you're. You got your golf cart, you cruise around, you play your course. You see all these beautiful scene, this beautiful scenery, and you're chatting each other up just like you're on the golf course. And I was like, oh, my gosh, I got to go to bed. Maybe tomorrow. He's like, okay, we'll get a tea time for tomorrow night.
Okay.
What the crazy. Anyway, okay, well, Remy, your. Your YouTube channel again. Get every. Everybody go there, learn about this, subscribe, check out his channel and what he's got to offer. We'll have him back more as we continue here. He's our resident expert. But tell us about your channel again.
Into the Metaverse. Simple as that, and love it.
Pretty. That was pretty classic.
Into the Metaverse. Thanks, Remy. Appreciate it. Of course, everyone listening. We hope you've enjoyed this amazing episode of the Main Street Business podcast. Make sure you go to mainstreetbusiness.com to sign up for the newsletter, get updates on new shows and. I don't know, I was trying to say something like, may the force be with you. What's the appropriate sign off here for?
Yeah, come on, Remy, take this.
Hey, that's a good one. I'm a big Star wars nerd.
So what would Tony Stark say? I don't know.
Book of Boba Fett came out last night.
That's right.
I stayed up late and watched it as soon as it dropped. That's why I was a little bleary eyed this morning.
See, I'm too old school. I'm like 1883, just dropped a new episode. I'm like, okay, I'm in.
Now.
That's the prequel to Yellowstone, folks. So just want to. So I'm good with Dutch oven around a campfire. Sam Elliott shooting guns, I can deal with that. But Boba fat. What?
Boba Fett.
Oh, Boba Fett from Star Wars.
I'm just joking. I'm just.
Oh, okay, okay.
Anyway, hey, you tell me who Sam Elliott is. Do you know?
Sounds familiar.
Oh, my gosh, you're just a child. All right. Oh, my gosh.
Okay.
Anyway, the. The coolest, most badass cowboy ever. Sam Elliott. I mean, some may say John Wayne. A little too Hollywoodish.
Well, too Hollywood.
All right, yeah, Sam Elliott. He's that. Okay, thanks, everybody. We'll see you next week. Thanks, Remy.
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