{"id":551961,"date":"2022-08-02T13:31:23","date_gmt":"2022-08-02T13:31:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/quarter-life-crises-are-real-governments-are-getting-in-on-the-metaverse-game\/"},"modified":"2022-08-02T13:31:23","modified_gmt":"2022-08-02T13:31:23","slug":"quarter-life-crises-are-real-governments-are-getting-in-on-the-metaverse-game","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/quarter-life-crises-are-real-governments-are-getting-in-on-the-metaverse-game\/","title":{"rendered":"Quarter-life crises are real + Governments are getting in on the metaverse game"},"content":{"rendered":"

<\/a> Young people are increasingly experiencing a \u201cquarter-life crisis\u201d filled with anxiety,<\/strong> depression, anguish and disorientation.<\/strong> Much like reaching your 40s and experiencing a midlife crisis, quarterlife can bring its own set of challenges like forging your own sense of self and separating from your parents or caregivers, therapist Satya Doyle Byock tells the New York Times<\/a>.<\/p>\n

Deviating from the script:<\/strong> Previous generations followed a pattern of sorts with young people graduating from college, marrying, and raising a family. In today\u2019s world, young people tend to experience \u201cextended adolescence\u201d due to rising costs, crushing debt, a climate crisis, and a prolonged multiyear pandemic, which have come together to make them unable to plan long term. To navigate a \u201cquarter-life crisis,\u201d psychologists are setting long term goals like healthy eating and exercise, balancing between day-to-day tasks and creative passions, and not being afraid of the big changes like changing career paths or moving to a new city.<\/p>\n

\n

<\/a> First <\/strong>Metaverse Seoul<\/a><\/strong>, now metaNesia \u2014 the metaverse is reeling in governments, too: <\/strong>Indonesia has created its own metaverse under a bid to vie with Facebook and Google, State-Owned Enterprises Minister Erick Thohir said, according to Bloomberg<\/a>. PT Telkom, the country\u2019s state-run telecommunications company, launched \u201cmetaNesia,\u201d a virtual platform that is meant to help push operating micro, small and medium enterprises (MSMEs) amid a rapidly-altering online landscape. While the details are scant, Thohir said metaNesia will be home to small businesses showcasing products on a level of other leading foreign businesses. It will also include a Metaverse Mall and a Metaverse concert, he said, with plans to host an NFT marketplace and others later this year.<\/p>\n

Not what we\u2019re talking about?<\/strong> Check our explainers on NFTs and the metaverse (here<\/a>and here<\/a>).<\/p>\n

Income is king in volatile markets:<\/strong> Equities may have been doing a little better in recent days \u2014 but that doesn\u2019t mean investors are returning to riskier asset classes amid a rally prompted by the US Federal Reserve\u2019s latest bumper rate hike, Bloomberg<\/a> reports. Last week\u2019s 75-bps hike prompted the biggest two-day rally ever for US stocks as traders bet that the US central bank may have reached peak tightening. But the S&P 500 is still down 13% YTD, recessionary fears on high inflation have not dissipated, and risk-off sentiment remains \u2014 meaning some of the biggest inflows are going to high-earning, dependable assets like dividend-focused exchange traded funds (ETFs), treasuries, and high-grade corporate bonds, the newswire reports.<\/p>\n","protected":false},"excerpt":{"rendered":"

Young people are increasingly experiencing a \u201cquarter-life crisis\u201d filled with anxiety, depression, anguish and disorientation. Much like reaching your 40s and experiencing a midlife crisis, quarterlife can bring its own set of challenges like forging your own sense of self and separating from your parents or caregivers, therapist Satya Doyle Byock tells the New York […]<\/p>\n","protected":false},"author":1,"featured_media":551962,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[633,638,7138,1694,2861,648,2860],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-551961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-enterprisepm","tag-for-your-commute","tag-health","tag-indonesia","tag-metanesia","tag-metaverse","tag-young-people","wpautop","entry"],"acf":{"mongo_id":"9ea414c2-5a28-4670-9c61-2cff5986d1fd","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/8\/481.jpg","photo_position":"above","related_issue":[551957],"teaser":"","voice_url":""},"yoast_head":"\nQuarter-life crises are real + Governments are getting in on the metaverse game - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/quarter-life-crises-are-real-governments-are-getting-in-on-the-metaverse-game\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Quarter-life crises are real + Governments are getting in on the metaverse game\" \/>\n<meta property=\"og:description\" content=\"Young people are increasingly experiencing a \u201cquarter-life crisis\u201d filled with anxiety, depression, anguish and disorientation. 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The spot rate to ship a 40-foot container from Asia to the US spiked to over USD 20k last year, a tenfold increase from the USD 2k\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":672462,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/24\/younger-generations-feel-hopeless-at-work\/","url_meta":{"origin":551961,"position":1},"title":"Younger generations feel hopeless at work","author":"enterpriseam admin","date":"24 September 2025","format":false,"excerpt":"Millennials and Gen Z are burnt out \u2014 and hopelessness might just be the culprit","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/1467.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":676453,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/30\/what-does-happiness-mean-in-2025\/","url_meta":{"origin":551961,"position":2},"title":"What does happiness mean in 2025?","author":"enterpriseam admin","date":"30 November 2025","format":false,"excerpt":"The 2025 World Happiness Report suggests that kindness plays a much bigger role than most of us realize","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/2195.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555042,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/30\/ready-to-buy-a-virtual-house-on-a-virtual-plot-of-land\/","url_meta":{"origin":551961,"position":3},"title":"Ready to buy a virtual house on a virtual plot of land?","author":"enterpriseam admin","date":"30 November 2021","format":false,"excerpt":"Real estate in the metaverse is now a thing \u2014 and it ain\u2019t cheap: The unlikely venture seems to be taking off, with a plot of virtual land selling this week for a record USD 2.43 mn (the equivalent of 618k of the crypto mania), reported Reuters. The buyers of\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/258.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550793,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/27\/wegz-and-metavisionaries-to-support-local-education-through-metaverse-web3-meta-is-expected-to-post-its-slowest-growth-since-2012\/","url_meta":{"origin":551961,"position":4},"title":"Wegz and Metavisionaries to support local education through metaverse, Web3 + Meta is expected to post its slowest growth since 2012","author":"enterpriseam admin","date":"27 April 2022","format":false,"excerpt":"Wegz partners with Metavisionaries to provide education solutions through the metaverse and Web3: Egyptian rapper and trap singer Wegz is collaborating with Metavisionaries as an ambassador, helping spearhead the company\u2019s efforts in Egypt, he said on Instagram. Metavisionaries believes that the metaverse and Web3 can help mitigate several issues facing\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/525.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545250,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/15\/from-walt-disney-to-the-metaverse-de-stress-with-more-stress\/","url_meta":{"origin":551961,"position":5},"title":"From Walt Disney to the metaverse + De-stress with more stress","author":"enterpriseam admin","date":"15 March 2022","format":false,"excerpt":"From Walt Disney to the metaverse: After 16 years at the head of the entertainment company, former Walt Disney boss Robert Iger is backing avatar tech company Genies, the Wall Street Journal reports. 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