Real Vision Group co-founder Raul Pal started investing in Web3

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The CEO of Real Vision Group has co-founded a new NFT and metaverse-focused ScienceMagic.Studios project.

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Macro investor Raoul Pal said on LinkedIn that he has entered a new Web3-related business. The new ScienceMagic.Studios project is a “token venture assets studio working with the largest communities and brands.”

The investor added that the company’s mission is to “tokenize the world’s largest cultural communities – lovers of music, fashion, film, books, television franchises and sports using NFTs, social tokens and the metaverse.” Pal said investors in the new venture include Liberty City Ventures, Coinbase Ventures, DCG, Brevan Howard Digital, and others.

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Raoul Pal claims that crypto industry figures such as Kevin Kelly of Delphi Digital and former Guardian Media Group CEO David Pemsel are among the co-founders of the project. The investor added that ScienceMagic.Studios is in talks with other big names and brands.

Raul Pal believes that large companies from the Web2 sector such as Facebook, Meta and Twitter will retain their place in the market and fully enter the metaverse in a few years. The ex-manager of Goldman Sachs expressed the opinion that collectible tokens will eventually be integrated into various aspects of society and the global economy. Raul Pal is sure that the era of social tokens has come with the advent of NFT collections, the active growth of the community and the shortage of tokens in the market. He encouraged NFT collection creators to develop efficient tokenomics.

Source: Bits

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