John Egan, CEO of L’ Atelier BNP Paribas

Credit : Joe Joyce
Credit : Joe Joyce
Credit : Joe Joyce

The COVID-19 lockdown has been hard for everyone, but the ones that have suffered most have been those with lower earnings, few savings, and smaller houses. Even as shelter-in-place rules slowly lift and people prepare to slowly return to something approaching ‘normal’, it’s still the ones at the top of society who stand to reap the most benefits.

However, these are not new issues. Persistent inequality has been an enduring feature of our society, and it’s steadily become harder for individuals to provide for themselves and their family while building generational wealth.

Virtual marketplaces: The lifeblood of the virtual economy

In our last blog, we introduced the virtual economy and showed how fast-growing, diverse and at times opaque different elements of this online ecosystem can be.

In this post, I will explore virtual marketplaces — the backbone of the virtual economy — how they are currently being used, and the barriers that are preventing them from becoming fully mature. Conservatively estimated to be worth more than $100bn, the virtual economy manifests across numerous varying online exchanges where virtual assets and services are bought, sold, and traded; often with real-world dollars.

There are…

Credit: dandingerozz

The COVID-19 pandemic has underscored just how fragile our real-world economy is when the systems and behaviours that underpin our daily lives are disrupted. However, it has also demonstrated the power of the virtual economy. Millions of people across the world have responded to the pandemic by transitioning their usual social, leisure and economic activities into the online world. From graduation ceremonies held in Minecraft, or virtual Zoom nightclubs, to holding an entire wedding on Animal Crossing, virtual worlds have emerged as a real alternative for people around the world to connect, socialise, create and earn an income during the…

In an age of accelerated change and increasing complexity, analytical foresight can help us anticipate and contextualise the future

John Egan, CEO of L’Atelier

Analytical foresight, the discipline of anticipating the consequences of changes today to the status quo tomorrow, is little understood outside of academic and specialist circles — but it is a powerful tool for considering and planning for the future. …

L'Atelier BNP Paribas

A foresight company that identifies future market opportunities in digital and virtual domains through research, analysis, and exploratory fiction.

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