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Aschraf Mahmud Believes That the Metaverse and Cryptocurrencies Will Have a Huge Impact on the Business of Tomorrow

Mon, 6/06/2022 - 7:15
Aschraf Mahmud Believes That the Metaverse and Cryptocurrencies Will Have a Huge Impact on the Business of Tomorrow
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From a humble undergraduate student at the University Of Bonn, Germany, Aschraf Mahmud has become a household name in the business industry.


After bagging a degree in Business Administration, his passion for business, especially in the real estate sector, moved him to relocate to Dubai, United Arab Emirates, where he launched his business firm: Aras Group.

Since its establishment, Aschraf has ventured into a wide range of businesses such as real estate, cryptocurrency, importing and exporting, and a host of others. His versatility in the business world is legendary and he has successfully established himself as a force to reckon with among entrepreneurs.

The Business Administration graduate with an interest in cryptocurrency and metaverse believes that these technologies will have a huge impact on businesses in the future. He is interested in businesses that will benefit from adopting these business-changing technologies.

With decentralization, crypto-based businesses and users can carry out their businesses without relying on a third party to get things done for them. Users can transact businesses and pay without going through a financial institution. This encourages swift transactions, low transaction fees, and other benefits.

Cryptocurrency has what it takes to change the business world. It offers tons of benefits for businesses such as rapid transaction, transparency, privacy, security, and a host of others that may attract customers and help crypto-compliant entrepreneurs stay in business.

Metaverse and NFTs are twin technologies that will change the world of business for good. From virtual business expos to meetings, workshops to events, clients and customers can patronize enterprises without leaving their comfort zones. These technologies bring whatever they need to them at home in a virtual world.

Virtual retail stores will also take over. Consumers can shop at these stores and purchase digital assets effortlessly. This may encourage more investors and entrepreneurs to take their businesses to the virtual world for metaverse users.

The experienced businessman believes that Non-Fungible Tokens (NFTs) are not currently innovative but have the potential to take over the world in the future. In his opinion, NFTs will disrupt the world in some areas such as the following:

NFTs from today aren’t innovative, but in the future, they will take over the world. Besides their general use as branding for reputable artists and influencers, NFTs will soon be extensively used in the gaming industry. It will also serve as the foundation for creative software programs like Adobe, Music producing, video producing, and more.

The serial entrepreneur bases his conviction on the increasing number of celebrities and big companies such as Facebook, Gucci, Google, Microsoft, Paris Hilton, Pooja Entertainment, Snoop Dogg, and several others that have invested in these technologies.

NFT and metaverse have a promising future for businesses. Entrepreneurs can take advantage of these technologies to target a larger audience and take their businesses to the next level.


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