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 project, ScienceMagic.Studios, focused on NFTs and the metaverse.

Macro investor Raoul Pal said inLinkedIn has entered into a new business related to Web3. The new project ScienceMagic.Studios is a “token venture asset studio working with the largest communities and brands.”

The investor added that the company's mission isis to “tokenize the world’s largest cultural communities—music, fashion, film, books, TV 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 other companies.

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

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

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