The World Economic Forum (WEF) suggested that people will be able to benefit socially and economically based on the reputation they’ve built via their digital ID in the metaverse.
- 🐟 Something Fishy: This looks like a social credit system where economic and social benefits are awarded based on the achievements (or behaviors) linked to an individual’s digital identity in the metaverse.
The WEF report basically confirms this:
- “This would allow the individual to build up their reputation and benefit socially and economically from the development and achievements of their identity in the metaverse, while maintaining ownership of personal data.”