$DEQI Announces New Business Model and Name Change to Metaverse, Inc.

Metaverse, Inc. (OTC: DEQI), a leading provider of product development and digital marketing services, today announced that it has officially changed its name from Direct Equity International, Inc. to Metaverse, Inc. as part of the company's new strategy to develop and market innovative artificial intelligence, social media, Web3, and augmented reality products.

The company is also excited to unveil its new website, which features comprehensive information and video demonstrations of current and upcoming product offerings.

https://www.metaverseincorp.com/

Artificial Intelligence

AI (Artificial Intelligence) refers to the simulation of human intelligence in machines that are designed to think and act like humans. These systems are trained to perform tasks that normally require human intelligence such as visual perception, speech recognition, decision-making, and language translation. The goal of AI research is to create systems that can perform these tasks with a high degree of accuracy and without being explicitly programmed to do so.

In recent years, there have been significant advances in AI, particularly in the areas of machine learning and deep learning. Machine learning is a subfield of AI that focuses on allowing computers to learn from data, without being explicitly programmed. This is achieved through the use of algorithms that can identify patterns and make predictions based on the data they are trained on. Deep learning is a subset of machine learning that uses neural networks, which are inspired by the structure and function of the human brain. Deep learning has enabled significant advancements in computer vision, natural language processing, and speech recognition.

Another recent development in AI is the increased use of generative models, which are able to generate new data that is similar to the data they were trained on. These models have been applied in various domains, including computer graphics, music, and natural language generation.

Metaverse, Inc. is currently developing software that allows users to interact with an AI-based generative chat bot while they browse the web. The chat bot utilizes AI to generate a response to the user's input and offers a menu of personalities that have unique behavioral patterns, including both professionally-oriented and socially-oriented options. The personalities learn and improve over time through the user's input. The bot also provides pre-selected options that allow the user to interact with the website they are currently viewing, such as generating a summary, opening a multiuser chat room, accessing a comment section, and indicating if the site is down.

This software represents a significant advancement in the field of internet browsing, providing users with a more connected and interactive experience while they browse the web.

According to Grand View Research, the global artificial intelligence market experienced significant growth, with a value of USD 136.55 billion in 2022. The market is expected to continue its growth trajectory, with a projected compound annual growth rate (CAGR) of 37.3% from 2023 to 2030. The revenue forecast for 2030 is USD 1,811.75 billion, indicating a promising future for the artificial intelligence industry.

Social Media

Metaverse, Inc. is poised to shake up the social media industry with a revolutionary new decentralized platform. The platform enables users to create and choose from different sub-sections, each with its own set of rules established by the users themselves. This innovative approach provides a marketplace for moderation and allows individuals to select their desired level of restriction. The sub-forum owners are incentivized to provide the best sets of rules to attract and retain members.

Moreover, the opt-in strategy of Metaverse, Inc. allows for a seamless and tailored social media experience for the diverse and fragmented regulations worldwide. For instance, the decentralized approach enables the company to effectively comply with local laws without impacting other regions with different regulations, avoiding censorship and protecting users' freedom of speech.

One of the biggest concerns with traditional social media is the advertising business model that results in intrusive data harvesting, divisive algorithms, and misleading practices. Metaverse, Inc. plans to solve these issues by adopting Web3 technology that creates a more transparent, fair, and user-friendly business model.

The social media market is estimated to reach $43.39 billion in revenue by 2022, with a projected annual growth rate of 8.57% until 2026. With its forward-thinking solutions and cutting-edge technology, Metaverse, Inc. is well positioned to enter this rapidly expanding market.

Web3

The advertising business model is at the heart of many of the issues plaguing social media today. This model not only pressures platforms to control content according to advertisers' preferences, but it also leads to a host of negative consequences, such as invasive data harvesting, algorithms that promote divisive content, and practices that deceive users by disguising paid ads as organic content.

To tackle these problems, an alternative business model is needed, not just for social media, but for the web as a whole. Web3, also known as Web 3.0, represents a new phase of the internet that incorporates concepts such as blockchain, cryptocurrencies, non-fungible tokens (NFTs), and decentralization. These technologies offer potential revenue streams and business models that are independent of traditional advertising and data harvesting methods.

The Web3 sector is already a rapidly growing market. With a total market capitalization of around $1 trillion USD, digital currencies are among the fastest-growing asset classes in history. Additionally, revenue generated in the Web3 sector is forecasted to experience an annual growth rate of 44.9% from 2022 to 2030, according to a report by Grand View Research.

This growth can be attributed to a number of factors, including the rising demand for data privacy through Web3's decentralized identity solutions, advancements in internet technology, and the growing popularity of digital assets such as cryptocurrencies. Additionally, the deployment of 5G and 6G technologies, the proliferation of connected devices, and improvements in transaction processes are all contributing to the Web3 industry's growth.

The growing adoption of Web3 cryptocurrencies to automate transactions over the internet is also expected to drive the industry's expansion. Furthermore, trading cryptocurrencies in Web3 environments offers several benefits, such as decentralization and growth potential, without requiring permission from higher authorities. Furthermore, several countries are focusing on legalizing cryptocurrency regulations in order to attract new players and make improvements.

Augmented Reality

Augmented Reality (AR) is a promising technology that we plan to integrate into our social media and Web3 products. AR allows digital images and information to be superimposed onto the real-world, creating an enhanced version of reality through the use of digital visual elements, sound, and other sensory stimuli. As AR continues to evolve, it is becoming increasingly relevant across various applications.

The market for AR is expected to experience significant growth, with a projected compound annual growth rate (CAGR) of over 41.50% during the assessment period. The increasing use of AR technology in head-mounted and head-up displays (HUD) is driving this growth. According to Market Research Future, the global AR market is estimated to reach $461.25 billion by 2030, growing at a massive 41.50% CAGR throughout the assessment period (2020-2030).

As part of our new roadmap, Metaverse, Inc. plans to incorporate AR into our social media and Web3 offerings in the form of a new AR-based social platform and a "Move-to-Earn" AR game, which will leverage this technology to create more immersive and engaging user experiences.

About Metaverse, Inc.

Metaverse, Inc. is a provider of software development, digital marketing, branding and asset management services in the AI, social media, Web3, and augmented reality sectors. The Company also develops NFTs and virtual real estate products. www.metaverseincorp.com

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Forward-Looking Statements

Certain statements in this press release contain forward-looking statements that are based on management's expectations, estimates, projections, and assumptions. Words such as expects, anticipates, plans, believes, scheduled, estimates and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors.

All forward-looking statements speak only as of the date of this press release. All subsequent written and oral forward-looking statements attributable to either Metaverse, Inc. or any person acting on their behalf are qualified by the cautionary statements in this press release. Metaverse, Inc. does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

SOURCE: Metaverse, Inc.