Project:
We want to focus on food, beverage and hotels within Columbus, Ohio as we think bringing the metaverse to this vertical will embark on enhancement and change.
We would like to reach out to a selection of hotels, restaurants and bars and have them accept crypto currency as a form of payment. In our presentation we will elaborate how this will bring a positive effect to the broader city.
For the Final Project, groups will be asked to:
Summarize the positioning
system where the price is adjusted in real time, adjust the price in crypto daily. China is the most advance on the convenience of utilizing crypto currency so do research into this
Explain to the users why they should pay in crypto, whats the benefit. Credit cards are so easy to use
Maybe it’s a VIP experience with the chief
First implement this in 4 5-star hotels, they will have more budget for this
Frame how you vision
Identification of ONE issue that is particularly prevalent in the city, and either a great opportunity or impairing the economic growth and social development.
Explaining why traditional public policies are constrained and not sufficient to solve this issue and with some design thinking how the Metaverse can be used as a new, more powerful tool(s) to address the issue
Formulate a plan that might include collaboration between a company in the web3 community and the city ( a bluechip NFT collection such as the Bored Apes Yacht Club, CryptoPunks, Azuki, Cool Cats, CloneX, World of Women, … or a prominent DAO such as MakerDAO or FWB). The plan should be a clear and actionable strategy to promote the launch of this collaboration and use of the Metaverse to solve the issue.
It must leverage techniques of design-thinking, storytelling, and web3 that you’ve learned throughout the course, while addressing the diversity of the city requirements.
Engagement:
City (Columbus, Ohio, United State) is small and slow to adapt
convince people how to convert U.S dollar into crypto currency
Notes from professor
This needs to be explained in simple words since the city is slow to adapt to change
Advertising will be key, visuals
Putting crypto currency into your wallet isn’t easy right now, how are we going to show members of this city how to convert their dollars into crypto currency
Crypto restaurant week through metamask. This could be an initiative we use for engagement
How will be way to engage and market these initiatives: we will be receiving help both in the private and public sector, for example the chamber of commerce etc.
How elected officials (Mayor + Council members) will make sure the public accepts the use of the Metaverse. Maybe a local referendum will be necessary. Maybe education to the Metaverse will have to be made to ensure acceptance from the public.