As the metaverse intends to bring people, places, and experiences closer together, it will be more important than ever for startups to focus on community. Whether it's developing a niche group of early adopters or building a support network from the ground up, a strong community is the key to success in the metaverse.
Why the Limitless Integrator Focuses on Community
"I had this idea together with my founders to create a big business network where we will be able to connect the community, the service providers, the idea makers, the market, and the money holders in one big system; and in that way we can create a brand new ecosystem in the web3 world,” says Mike Vitez, Co-Founder and co-CEO at Limitless.
Mike Vitez
With over 300 companies to join their portfolio, Limitless is looking to help new metaverse startups get off the ground and David Taylor, Co-Founder and co-CEO, believes that "a strong community is the key to success in the metaverse."
"We'll provide them with capital, development and marketing resources and help them scale to initial traction at record speeds. Both startups and established businesses will be able to enter the Metaverse and scale their revenues in a plug and play process - the Limitless way," Taylor explains.
If you're planning on launching a metaverse startup, keep this in mind: Community doesn't happen by accident. It takes time, effort, and planning. But it's worth it. Because in the end, community is what will make your company thrive.
Creating a Community from the Ground Up
"The metaverse is the first real use case of Web3 - cryptocurrencies have been around for a while but this is the first time when decentralization and true digital ownership became at the forefront of technology," says Vitez.
For Taylor, the Metaverse offers an opportunity for companies to "launch directly" and scale their businesses quickly and effectively. This is ensured by their partnership with the first project their team helped launch - Next Earth. The third largest Metaverse that will provide fast track onboarding to Limitless startups within their platform.
"We're in a race to create a digital human experience and naturally opposed to large corporations that have been trying to conquer the digital avatars of their users - as we've seen from large social media and gaming corporations in the last few years.
Limitless is a force to bring a decentralized Metaverse to life by helping over 300 companies launch and start providing services within the next five years. This will generate critical mass, creating the first generation of metaverse businesses," he explains.
If you're thinking about launching a business in the metaverse, keep Limitless in mind. They offer more than just incubation and funding; they can help you build a community from the ground up. And that's what will make your company thrive in the long run.
Practical Tips for Building a Metaverse Community
The idea of a digital "tribe" is nothing new, but it's especially relevant in the context of the metaverse. Here are a few practical tips for building a strong community around your metaverse startup.
Find your people: It all starts with finding the right people - those who share your vision and who you can count on to be early adopters and evangelists for your company. This can be done through online forums, social media, and good old-fashioned networking.
Create valuable content: Once you've found your people, it's important to keep them engaged with valuable content. This can include blog posts, tutorials, videos, and anything else that will help them learn more about your product or service.
Be responsive: Nothing kills a community faster than ignoring users. Be responsive to questions, concerns, and feedback from your users. Show them that you care about their experience and that you're committed to making your product or service the best it can be.
Offer incentives: Rewards and incentives are a great way to keep your community engaged and coming back for more. Whether it's early access to new features, exclusive discounts, or simply recognition for their contributions, giving your users something to strive for will help keep them coming back.
By following these tips, you can develop a strong community of supporters around your metaverse startup. And that's essential for long-term success in the metaverse.