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Market Research for the Metaverse

Eduverse Ventures is a Web 3 Education Tech Startup using VR and Metaverse, promoting adaptive, personalised and effective learning for their learners. Eduverse is known for its innovative use of blockchain technology to improve the pedagogy for learners.

INDUSTRY

EMPLOYEES

PROFILE

EduTech

1-5

Start-Up

Engaged by

Eduverse Ventures

Market Research for the Metaverse

Eduverse Ventures is a Web 3 Education Tech Startup using VR and Metaverse, promoting adaptive, personalised and effective learning for their learners. Eduverse is known for its innovative use of blockchain technology to improve the pedagogy for learners.

INDUSTRY

EMPLOYEES

PROFILE

EduTech

1-5

Start-Up

Engaged by

Eduverse Ventures

8 Weeks

Duration

5 Stars

Satisfaction

>120 hours

Time Saved

Productivity

Increased

6 Students

Participated

Project Overview

Hust in collaboration with SMU Growth-X partnered with Eduverse Ventures to conduct a market research project. The objective of the project was to gather insights and data to help Eduverse Ventures better understand their target audience and identify new growth opportunities.

Eduverse Ventures was connected with a group of students from SMU Growth-X with experience in market research. The students, accompanied by project leads and a project advisor, worked closely with Eduverse Ventures to develop a research plan and execute the project.

The Solution

One of the biggest challenges that Eduverse Ventures faced was the limited time and manpower, on top of the cost of conducting market research. Aware of the importance of market research in the early stages of a startup, and how expensive and time-consuming it is, Eduverse was able to access a group of talented students who provided quality work.

Another challenge was the tight deadline for the project. Hust worked closely with Eduverse and Growth-X to ensure that the project was completed on time without compromising the quality of work.

The Outcome

The market research project conducted by the student group provided valuable insights that helped Eduverse Ventures identify new growth opportunities. The project resulted in the following tangible outcomes:

· Eduverse Ventures was able to identify new markets for their products and services

· The company also gained a better understanding of their target audience and their needs

· Was able to make data-driven decisions that is able to drive increased revenue

The project was also a success for the student team. They gained valuable real-world experience and were able to add a noteworthy project to their portfolio.

Hust's platform helped Eduverse Ventures overcome some of the biggest challenges they faced in conducting market research. By leveraging the skills of talented students, Eduverse Ventures was able to access valuable insights that helped them identify new growth opportunities and make data-driven decisions. Hust's platform also provided a unique learning experience for the student team, who gained real-world experience and added a noteworthy project to their portfolio.

"We were struggling to find qualified candidates to help us conduct market research, but Hust's platform made it easy for us to find talented students who had the skills we needed. The project was a success, and we couldn't be happier with the outcome."

- Christopher, CPO, Eduverse Ventures

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