What are the new status symbols in virtual economies?
REPORT
25 Jan 2022
What are the new status symbols in virtual economies?

Digital developments are transforming the ways people showcase their status online, with gaming worlds and the metaverse providing new platforms through which to distinguish themselves from their peers. But what kinds of status symbols resonate in the new virtual economy?

Matt Klein

Matt Klein is a cultural theorist, cyberpsychologist, and marketing strategist, analysing social shifts and the psychosocial implications of our technology. Working alongside brands, TV producers, non-profits, and government agencies, Klein is a trusted source in identifying cultural change and developing future-proofed business strategies. As an award-winning writer and frequent commenter, his observations have been featured in The New York Times, The Wall Street Journal, The Atlantic, Forbes, WARC, The Verge, CNBC, and Adweek.

Nell Lloyd-Malcolm

Nell Lloyd-Malcolm was a VFX producer who worked across multiple blockbuster films and TV productions including Ready Player One, Star Wars, Mission Impossible, and The Crown. She is now the CEO of Xydrobe, a company that works with brands in luxury fashion and goods to provide customised end-to-end solutions for entry into virtual products.

J’Nae Phillips

J'Nae Phillips is an Insights Editor at Canvas8. After an early career working in fashion and media, her passion for culture and journalism grew and she made the transition to writing and editing full-time. She specialises in fashion, trends, cultural shifts and all of the good stuff that gets people talking.