New York-based Prager Metis (FY20 net revenue of $123.9 million) has appointed Jerry Eitel as chief metaverse officer (CMVO) to oversee the firm’s metaverse strategy and operations. Eitel will manage Prager Metis’ Metaverse-related projects as well as the company’s office in Decentraland.
He will oversee expansion and planning for Prager Metis’ Metaverse clients. His responsibilities will include managing the organization of strategic partnerships for companies and individuals looking to scale a brand while also establishing the partnership ecosystem and management. In addition, he will serve as the liaison between individuals and businesses connected to Metaverse-related projects, collaborations and more.
Eitel will help lead projects while managing the teams throughout the various phases of each Metaverse project. These could include taxation and advisory components for virtual goods, avatars, NFTs, gaming, real estate, events and more.
“The creativity going into this space is fantastic, and there is significant investment being made, but many don’t realize the compliance issues or the various roles required to execute Metaverse projects,” Eitel says.
Prager Metis helps individuals and companies looking to break into the Metaverse with tailored materials and information as it relates to areas of interest. Prager Metis also offers training and onboarding.