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Backstreet Boys star Nick Carter dishes on joining the metaverse, acquiring fantasy football team

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Backstreet Boys star Nick Carter is joining the list of celebrities stepping into the metaverse, and his recent purchase of the Tampa Bay Bull Sharks fantasy football team is expediting the trip.

Carter appeared on “Varney & Co.” Tuesday to give a rundown of the virtual universe that could soon take the tech world – and the sports realm – by storm.

“I’m really excited because someone has developed a metaverse with the purpose of driving 24/7, 365 days out of the year fantasy sports,” he said.

MARKET ANALYST HAS ‘SERIOUS DOUBTS’ ABOUT THE METAVERSE

Carter said users can get involved by drafting players using NFTs, establishing skillsets for players and, if finances allow, purchasing teams.

“I was a collector of cards when I was younger… I would collect football cards, baseball cards, and NFTs are no different than that. What they’re doing is they’re actually taking your favorite card, and you will be able to draft your player if you want,” he said.

Woman wearing metaverse goggles

An attendee demonstrates the Owo vest, which allows users to feel physical sensations during metaverse experiences such as virtual reality games, including wind, gunfire or punching, at the Consumer Electronics Show (CES) on January 5, 2022 in Las Ve (Photo by PATRICK T. FALLON/AFP via Getty Images / Getty Images)

Carter added that the platform allows users to customize their players by giving them different skills and attributes that benefit the entire team. Users can also make cash salaries.

BEATLE RINGO STARR TO AUCTION OFF NFT DIGITAL ARTWORK: ‘SPREADING PEACE AND LOVE IN THE METAVERSE’

“I always wanted to be the owner of a team,” he said. “What I can do is I can draft players and anybody else out there can get into the action as well by drafting players, plugging and playing and then making money. This is fantasy sports…”

Though Carter didn’t disclose how much he paid to purchase the Bull Sharks, he noted teams are purchased using real cash instead of cryptocurrencies.

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Former NBA stars Magic Johnson and LaMelo Ball, former NFL wide receiver Jerry Rice and other stars have also purchased virtual football teams and joined the metaverse to compete against Carter.



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Metaverse

What is the future of life in the metaverse?

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Online avatars are essentially anonymous, and there’s a real question as to whether a crime committed in a virtual world has consequences in the real world.



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KPMG enters the metaverse, invests $30M in Web3 employee training

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KPMG, one of the Big Four accounting firms in Canada and the United States, has revealed the opening of its first metaverse collaboration hub to help its employees and clients pursue growth opportunities in the digital era.

KPMG is entering the metaverse with a new collaboration hub that will connect employees, clients and others with Web3. The company is making a collective $30 million investment this year in Web3 experiences, with the metaverse hub as the “signature piece.”

According to a Tuesday report by Fortune, the hub will be focused on education, collaboration, training, events and workshops with Cliff Justice, KPMG U.S. leader of enterprise innovation claiming that it is presently being utilized for such things but that KPMG intends to hire people to build it and expand it over time.

The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.

Laura Newinski, deputy chair and chief operating officer at KPMG in the U.S., said:

“The metaverse is a market opportunity, a way to re-engage talent, and a path to connect people across the globe through a new collaborative experience.”

The companies will continue to explore possibilities in the crypto and Web 3.0 space, co-create new tools and solutions that provide critical insights, launch immersive learning and development platforms, recruit talent to contribute knowledge and help navigate the changing confluence of the physical and digital worlds, among other things, as part of its innovation strategy.

Related: Yahoo launching Metaverse events for Hong Kong residents under restrictions

The COVID-19 epidemic sparked people’s interest in the metaverse. There has been an increase in the desire for methods to make internet contact more lifelike as more individuals work and go to school online. JPMorgan, one of the biggest banks in the United States, made headlines earlier this year by publishing a paper suggesting metaverse technology was a “one trillion-dollar opportunity,” along with establishing its own virtual headquarters in the Decentraland (MANA) metaverse.