De-Fi, NFT, Web 3.0 and Metaverse opportunities and challenges for finance professionals

De-Fi, NFT, Web 3.0 and
Metaverse opportunities and
challenges for finance
professionals

Olive Tree Estates Limited

Vision - To be a positive force for change in
regional emerging markets by catalyzing the
growth and development of sustainable and
healthy communities for the masses and
under-served.
Mission - To provide affordable quality
housing as the bedrock of our holistic
solution which includes localized and
contextualized community development
amenities and services.

▪ We are headquartered in Singapore and
  listed on the Singapore Stock Exchange.
▪ Our initial areas of focus include Vietnam,
  Indonesia and Cambodia, with our
  maiden investments and deployments
  being in Vietnam.

                                                    2

PAIB 2020 CONFERENCE – IMPACT ON FINANCE JOBS

                                                3

FUTURE WORK SCENARIO

                       4

5

FUTURE WORK =MANY C YC LES

RESILIENCE / LIFELONG LEARNING   6

DECENTRALISED FINANCE ( DE-FI )

                                  7

DE-FI INVESTMENTS ( TVL )
Total Value Locked (TVL) represents the aggregate amount of capital that is deployed
                       in DeFi applications at a certain time.

                                                                                       8

DE-FI USED CASES

Aave,
Compound
and
Maker.
           Coinbase,
           Uniswap,
           and
           FTX.
                       Yearn,
                       And
                       Enyzme .

                                  9

DE-FIN ECOSYSTEM

                   10

DE-FI PLATFORMS

                  11

DE-FIN GROWTH PROSPECTS

                          12

NON FUNGIBLE TOKENS

                      13

NON FUNGIBLE
DIGITAL         TOKENS
        ASSETS AND NFTs

                          14

NON FUNGIBLE TOKENS

                      15

NON FUNGIBLE TOKENS

Cryptopunks       Art blocks        Bored Ape Yacht club
                                                           16

WEB 3.0

          17

WEB 3.0

          18

WEB 3.0 AND METAVERSE

                        19

WEB 3.0

          20

META – CLOTHES FOR AVATARS

                             21

METAVERSE – VIRTUAL LAND

                           22

METAVERSE / WEB 3.0 USED CASES
Ecommerce & Retail                                    Enterprise
•Gucci expanded its presence on Roblox to develop     •Accenture collaborated with Microsoft to
Gucci Garden                                          develop virtual office
•Chipotle hosted virtual restaurant on Roblox to      •TCImage to design buildings in virtual world,
provide its customers with Halloween experience       using NVIDIA Omniverse
•Fashion brand Gucci partnered with Sandbox           •Meta Platforms launched Horizon Workrooms
•Luxury fashion house Balenciaga collaborated with    •Arent Fox and PWC purchased land site in
Fortnite                                              metaverse
•Ralph Lauren launched digital winter-themed          •Marriott Bonvoy unveiled digital art in
collection on Roblox                                  metaverse

Sports & Entertainment                                Government
•Vans launched Vans World skatepark experience in     •Barbados to become first country to establish
Roblox                                                an embassy in metaverse
•Nike teamed up with Roblox to create virtual world
called Nikeland                                       Automotive
•Roblox hosted metaverse dance music festival of      •BMW launched JOYTOPIA virtual world
EDC                                                   •Toyota Turkey held its annual general meeting
•Warner Bros united with Roblox to create virtual     in metaverse
movie launch event                                    •Hyundai Motors launched metaverse space-
•Indian couple hosted country's first metaverse       Hyundai Mobility Adventure-on Roblox
wedding reception                                     •Ford's immersive vehicle environment system to
•Tennis Australia partnered with Decentraland to      design safer cars
host Australian Open
                                                      Manufacturing
Music                                                 •Hyundai Motors partnered with Unity to build
•Pop stars and singers driving metaverse concerts     Meta-Factory
•Muse collaborated with Stageverse for metaverse      •NVIDIA and BMW demonstrated factory of
concerts                                              future
•Epic Games partnered with BTS
                                                      Banking
                                                                                                        23
                                                      •JP Morgan opened bank branch in metaverse

METAVERSE - ECOSYSTEM

                        24

METAVERSE - GAME-FI

                      25

METAVERSE - GAME-FI

                      26

METAVERSE - GAME-FI

                      27

METAVERSE

            28

METAVERSE- CHALLENGES / OPPORTUNITIES

                    CRYPTO / NFT               DE-FI / GAME-FI / METAVERSE

VALUATION           Eg Bitcoin                 Willing buyer and willing seller
- DCF               US$ 4 K ( 5 years ago)
- Business          US$ 80 K ( high )          Business multiples
  multiples ( rev   US$ 20 K ( current )
  / EBITDA )                                   Example of De-Fi
- Transaction       Stablecoins ( pegged
  multiples         rates )
- Willing buyer
  and seller        Tokenomics ( white
                    paper of the platform )

                    Willing buyer and
                    willing seller

PUCHASE PRICE                                Goodwill / impairment ?
ALLOCATION
                                                                                  29

METAVERSE- CHALLENGES / OPPORTUNITIES

                CRYPTO /                          DE-FI / GAME-FI / METAVERSE
                NFT
ASSET CLASS     Cash ?                            Financial asset
No specific FRS Financial asset ?                 Inventory
standard yet    Inventory                         Plant property and equipment (
                Intangible asset                  Metaverse - Virtual land ? )
                                                  Intangible asset
                Initial coin offering             Subsidiaries / Associates / JV

TAXATION        Determine if profit is income (   Decentralized Autonomous
                trader / crypto mining ) or       Organisations ( DAO ) – legal
                capital in nature ( eg. buy and   jurisdiction challenges for countries
                selling )                         using territorial basis for income tax
                USA / Australia – capital gain
                tax applies.                      Determine if the profit is income or
                                                  capital in nature.

                                                                                           30

SHARE YOUR LEARNING MOMENTS

      Thank You

                              31