I already blogged a few things that came by during today's convention sessions, but here's some more on the Keynotes.
The convention kick-off was presented by Sibley Verbeck, CEO of the Electric Sheep Company. Now everybody was exited about this CSI thing, but Sibley also said a few other noteworthy things.
He started with an overview of the industry. Here's a few pointers:
- Lots of Virtual Worlds focus on special agegroups
- Teen worlds are currently the most successfull when it comes to business returns.
- We're still early in the game, but there are already some breakthrough sucesses.
- Teen worlds are going to see brutal competition in the next year and a half.
- Because of this competition and success, teenworlds are the spots where the innovation will be.
- One businessmodel comes to taking existing teen communities and communications and add virtual components and value.
- Other models will be build around sponshorship and advertisement
- I'm missing VW's that take all and incorporate profiling and stuff.
- In adult spaces a lot of technology has been developed, yet it's lagging in innovation.
- In 5 to 10 years from now there will be more e-commerce in Virtual Worlds than on the World Wide Web.