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Integrating Virtual and Real, Decoding Value Capture in the All Universe Metaverse Economy

For the past few centuries, the dominant economic system has been based on shareholder capitalism, where all business organizations pursue maximization of shareholder interests, which is a core concept in corporate governance. However, with the rise of blockchain economy and metaverse economy, a new economic system has emerged, known as "stakeholder" capitalism. Under the metaverse…

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