More companies are collaborating to explore how the technology can make operations more efficient, which could form the building blocks of the next-generation internet. Just as the internet allows information and innovations to be shared across borders, the world will benefit most from having an open metaverse.

The metaverse is rich with opportunities for digital design and trade, while Asia already boasts high numbers of users and creators. As an innovation hub and key player in the Greater Bay Area, Hong Kong can lead the regional development of a tech-enabled creator economy.