📑 Lite Whitepaper for Bizverse 2.0

1. General Introduction

Bizverse was founded in November 2021, with the mission of bringing traditional business activities into the digital Metaverse world, where enterprises can expand their operational space, strengthen connections with customers, and access new economic models based on Blockchain, Digital Twin, and VR/AR. In the context where Metaverse became a global keyword, Bizverse confidently affirmed itself as one of Vietnam’s pioneering startups in this field, with the goal not only to stop at entertainment but to aim at applying Metaverse to the practical digital economy.

2. Achievements of Bizverse 1.0 (2021–2025)

2.1 Product Development

In the initial stage, Bizverse focused on developing highly practical technology products, including:

• VR360 & VRFairs: platforms for organizing events, fairs, and virtual exhibitions, helping businesses reach customers without being limited by physical space.
• Digital Twin & 3D Map: recreating locations, buildings, and urban spaces in the digital environment, paving the way for applications in commerce, education, tourism, and real estate.
• Social Networking + Contactless Economy: building a social network model combined with a contactless economy platform, meeting the demand for digitized interaction and e-commerce in the post-Covid-19 period.

2.2 International Recognition & Awards

Bizverse was not only known in Vietnam but also made its mark on the international stage:

• Top 7 Metaverse in Asia (2022): Selected by Meta (Facebook) among representative projects.
• World Blockchain Summit (Singapore 2022): Bizverse represented Vietnam to attend and present on Metaverse technology.
• Dubai Metaverse Show (2022): The Dubai Government invited Bizverse to report and discuss Metaverse solutions for the global economy.
• Top 3 National Digital Transformation Competition (2022): Organized by the Ministry of Information and Communications, broadcast nationwide.

2.3 Practical Applications in Vietnam

• Tourism & Culture: organizing virtual tours, recreating destinations with VR360 and Digital Twin technology.
• Real Estate: developing 3D showrooms, experiencing spaces before investing.
• Education & Training: experimenting with online classes in 3D environments, allowing students to experience a digitized learning space.
• Enterprises & Exhibitions: supporting SMEs to organize low-cost online events, expanding opportunities to reach customers.

3. Unavoidable Difficulties

By the end of 2022, Bizverse, along with many other technology projects, faced global upheavals:

3.1 Cryptocurrency Market Crisis

• The collapse of major exchanges such as FTX and many crypto investment funds led to severe loss of trust.
• Market liquidity declined, directly affecting blockchain projects, including Bizverse.

3.2 Decline of the Metaverse Trend

• While 2021–2022 was the peak, by 2023 this trend slowed down rapidly.
• Even Meta (Facebook) – the leading entity – reported tens of billions of USD in losses, cut staff, and closed its Metaverse office in Singapore.

Consequence: the confidence of the community, investors, and businesses in Metaverse significantly decreased.

3.3 The Rise of Artificial Intelligence (AI)

• Generative AI (GenAI) rose strongly from late 2022, capturing all the attention of the tech community and investors.
• AI quickly became the center of all development strategies, making Metaverse viewed as an “old trend.”

3.4 Macroeconomic Context

• The global economy fell into recession, enterprises cut costs, especially for experimental technology.
• Vietnam was also affected, with many businesses struggling, impacting the ability to implement Metaverse projects.

3.5 Impact on Bizverse

• Although having real products, Bizverse was still affected by declining market confidence.
• Difficulties in raising new capital forced scaling down and restructuring to survive.

4. Current Trends & Advantages for a New Beginning

Although Metaverse once declined, the current context opens new opportunities for Bizverse:

4.1 The Rise of AI and Its Integration with Metaverse

• AI is now the global center: from Generative AI, AI Agents to AI in business.
• Combining AI + Metaverse enables Bizverse 2.0 to become an intelligent Metaverse, completely different from the previous virtual model.

4.2 National Policies on Digital Transformation

• Vietnam has issued many Resolutions and National Strategies on Digital Economy – Digital Society – Smart City.
• Da Nang City is pioneering in experimenting with Digital Twin for urban management.

This is the right time for Bizverse to accompany government and enterprises.

4.3 The Trend of Real-World Asset Tokenization (RWA)

• Tokenizing real-world assets (RWA) is becoming the biggest trend in Blockchain, with trillions of USD potential.
• Bizverse has the advantage of combining RWA with Digital Twin, turning real assets into digital assets with global transaction value.

4.4 Changing Behavior of Users & Enterprises

• Users are now familiar with digital applications, digital payments, and e-wallets.
• Enterprises are seeking comprehensive digitalization platforms to reduce costs, expand sales channels, promote, and commercialize data.

Bizverse 2.0 appears at the right time to meet this demand.

5. Bizverse 2.0 – Orientation for the New Phase

After Phase 1.0, Bizverse made a strong impression both domestically and internationally. However, global fluctuations forced the project to change direction. Bizverse 2.0 was born to solve the core problem: turning Metaverse into a digital economy closely linked to the real world, powered by AI, Blockchain, and a dual-token model (BIVE & RWA).

5.1 Vision

Bizverse 2.0 will become the core digital infrastructure for the digital economy, integrated into commerce, tourism, education, real estate, and smart cities.

5.2 Mission

• Helping enterprises digitize operations, expand sales channels, promote, and organize events.
• Supporting urban authorities in policy testing and smart city management through digital twins.
• Empowering users to contribute data, participate in the digital economy, and receive fair rewards.
• Providing investors with a project tied to real value, not just short-term trends.

5.3 The Five Pillars of Bizverse 2.0

Bizverse 2.0 is built upon 5 strategic pillars, transforming Metaverse from a virtual concept into a digital economic ecosystem connected to real life, serving enterprises, governments, and communities.

1. Digital Twin for SmartCity

• Building a comprehensive digital version of the city with 3D/4D data on infrastructure, transportation, services, and locations.
• Enabling authorities to manage cities in real time: monitoring infrastructure, planning, and growth simulation.
• Enterprises can open stores, showrooms, and promote services in the digital twin.
• Citizens and tourists can experience, visit, and trade online in the digital city environment.

2. Digital Twin Registry

• Every enterprise, location, product, and service in Bizverse has a unique digital identity profile stored on Blockchain.
• Ensures transparency, immutability, and easy ownership verification.
• Allows users to trace origins and obtain accurate information about enterprises or products/services.
• This is the foundation for asset tokenization and secure e-commerce integration.

3. RWA Tokenization & Commerce

• Converting real assets (real estate, event tickets, tourism services, service contracts…) into tokens tradable on Blockchain.
• Opening cross-border investment opportunities, attracting international capital flows to Vietnamese services and products.
• Increasing liquidity and capital access for enterprises.
• Users can own part of a real estate property, an event ticket, or even a tourism service package in token form.

4. Bizverse AI – The Intelligent Layer

• AI Digital Twin Builder: Automatically creates 3D/4D digital twins from images, videos, drawings → reducing construction time from weeks to minutes.
• AI Avatar & Concierge: Virtual assistants representing enterprises, guiding customers, supporting consultation, and providing 24/7 care.
• AI Business Copilot: Analyzes user behavior data, proposes marketing strategies, optimizes events and business.
• AI Agents Marketplace: A platform for enterprises and the community to create, customize, and commercialize AI Agents serving various fields.

5. Digital Sandbox

• A simulated environment for testing policies and digital economy models in the digital world before applying them in reality.
• Allows authorities to test new policies (such as digital tax, service fees, traffic management) without risks to the real world.
• Enterprises can test business ideas and new products in the city’s digital twin, minimizing costs and risks.
• Users can participate in testing, give direct feedback, helping real policies and products become more optimized.

5.4 Dual-Token Model

• BIVE (Utility & Governance): Enterprises are required to use BIVE for advertising, priority display, booths, event organization. BIVE has burn & staking mechanisms, creating scarcity and increasing value.
• RWA (Stable Internal Token): Users earn RWA when contributing data and use it to pay for services. RWA is not listed on external exchanges, ensuring stability.

6. Roadmap

Phase 1 – 2025: Re-launch

• Launch Bizverse AI v1: basic AI Builder, AI Concierge.
• Pilot Danang City Pass NFT for tourism and services.
• Implement Contributor Program: users input POIs, draw roads, capture Streetview to earn RWA.
• Develop RWA↔BIVE Swap mechanism (Treasury).
• Integrate basic payment system (RWA for services, BIVE for enterprises).

Phase 2 – 2026: Ecosystem Expansion

• Develop Merchant Network of 1000+ enterprises in tourism, commerce, education.
• Launch Dynamic NFTs for events, tourism tickets, and fairs.
• Complete Digital Sandbox for digital economic policy testing.
• Activate BIVE Staking mechanism to increase RWA rewards for Contributors.
• Apply Burn & Buyback mechanism for BIVE to stabilize value.

Phase 3 – 2027–2028: Multi-City Development

• Expand Digital Twin model to multiple cities in Vietnam (Da Nang, Hanoi, Ho Chi Minh City…).
• Cooperate with local governments to deploy online public services on Bizverse.
• Integrate CBDC/national stablecoin when legal framework permits.
• Launch Education Twin: online education and training platform in the digital twin.
• Expand AI Agents Marketplace for enterprises and communities.
• List BIVE on major exchanges (Binance, OKX).

Phase 4 – 2029+: Globalization & Community Governance

• Expand Bizverse into Southeast Asian & Middle Eastern markets.
• Establish Bizverse DAO: community and enterprises co-govern together.
• Develop Metaverse Economy Index: a standard for measuring and valuing digital assets in the Bizverse system.
• Make BIVE a symbol of Vietnam’s digital economy token with global value.

7. Call for Companionship

7.1 Why does Bizverse need companionship?

• Bizverse has proven its capability through international awards and real products.
• We have gone through global crises and learned how to adapt.
• Now is the most favorable time: national policies promote digital economy, AI is booming, RWA is becoming a global trend.

7.2 Value for Investors and Partners

• Trust: Bizverse has real technology foundations, recognized by the international community.
• Real Value: Unlike virtual Metaverse, Bizverse 2.0 is tied to commerce, tourism, education, and smart cities.
• Global Trends: AI, Tokenization (RWA), CBDC, and Digital Twin Economy.
• Sustainable Model: Dual-token BIVE & RWA, burn, staking, and treasury mechanisms ensure stability and scarcity.

7.3 Message to the Community

• Users: the heart of the system, contributing data, earning RWA, and enjoying digital services.
• Enterprises: the driving force, promoting, commercializing services in the digital space.
• Investors & Partners: the catalysts, working with Bizverse to build infrastructure for the national Digital Economy.

Conclusion

Bizverse 2.0 not only redefines Metaverse but also pioneers in building a smart, transparent digital economy, closely tied to real life. We invite all investors, enterprises, governments, and communities to join hands in making Bizverse the digital economy infrastructure of Vietnam with international influence.

Bizverse 2.0 – From a virtual concept to a real digital economy.