The word “Metaverse” is a portmanteau of two words “meta” and “verse”.
The word “meta” is a prefix of Greek-origin meaning “beyond” while “verse” comes from the word “universe”.
The Metaverse is a massively scaled and interoperable network of real-time rendered 3D virtual worlds which can be experienced synchronously and persistently by an effectively unlimited number of users with an individual sense of presence, and with continuity of data, such as identity, history, entitlements, objects, communications and payments.*
Iteratively transforming the internet, today, it’s much grander and more immersive as its becomes a reality.
- The Metaverse market in the US was estimated at US$58.5 billion in the year 2021. The country currently accounts for a 41.2% share in the global market.
- Global Metaverse market is projected to reach US$758.6 billion by the year 2026
- The market is deemed to reach US$8 to 12 trillion by the year 2030
- One of the largest film industries in the world
- Fans and audience spread across the globe
- In 2001, ticket sales for Indian cinema reportedly sold an estimated 3.6 billion tickets worldwide, compared to Hollywood’s sales of 2.6 billion tickets.
- In 2017, Indian cinema produced 1,986 feature films,making it the largest film industry in the world.
What is Bollyverse
- Bollyverse is an entity on Metaverse where everything
- From award ceremonies, NFTs of your favorite stars, to
brand endorsements, meta shopping, it’s the place to be
for anyone passionate about Bollywood.
- An asset in Metaverse where real money is made, it’s not
the future, it’s the NOW!
Pillars of Bollyverse
The Vision, The Founders
… Thus creating Bollyverse where you can…
- Attend movie award shows and other events from the comfort of your own home
- Play games with new age Virtual & Augmented Reality where you can feel and sense the entire game arena
- Buy or sell properties, NFTs, fungible tokens and more…
- Build dream houses
- Conduct legit businesses just like the “real” world
- Enhance, promote and grow worthy Start-Ups
- Bring businesses and people CLOSER together via this virtual world
- Experience the dream world of Bollywood Stars… up close and personal
- Experience and be a part of celebrity lifestyles!
- Registration of BVI Company Bollyverse Technology Ltd
- Acquisition of land on various platforms
- Headquarters minted in Hong Kong
- Bollyverse’s team formation
- Bollywood gets on board
- Various event tie ups and launches on Bollyverse
- Bollyverse raises its first funding of US$25 million
Bollywood Stars and Influencers with over 1 Billion Followers
- A place to build your dreams
- A place where the universe meets Bollywood stars
- A place where “REAL” businesses bring real value to the world.
Target Market and Opportunity
- India is set to dominate the US$800 billion Metaverse boom. It ranks fifth among the countries dominating the Metaverse universe.*
- Given the opportunity, all big IT firms and engineering service companies are developing their metaverse suite. If the momentum continues, we may see Indian technology firms reporting separate Metaverse numbers in the coming years.**