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How I became a… metaverse pioneer

Daniel Corazzi, founder and CEO of virtual reality platform eyeora, began his journey to the metaverse from his recording studio, where he was spurred to modernise and improve the tools available

These days it seems impos­si­ble to get away from the con­cept of the meta­verse, but how many peo­ple under­stand what it is or the poten­tial it has to trans­form mod­ern life and busi­ness? One, for cer­tain, is Daniel Corazzi, meta­verse pio­neer, founder and CEO of eye­o­ra. The social VR plat­form allows cre­ators of all kinds (from art to music to film and beyond) to share their work across any vir­tu­al real­i­ty plat­form in the meta­verse. 

Which, when it comes to secur­ing invest­ment, is no easy sell. Par­tic­u­lar­ly giv­en that the term ’meta­verse’ has real­ly only been around since 2021

“I was very, very ear­ly in the game,” says Corazzi. “I was one of those crazy peo­ple that sat in front of cor­po­rates 10 years ago and said, ‘One day, we’re going to be putting this vir­tu­al real­i­ty hard­ware on our faces and trans­port­ing our­selves to new, dif­fer­ent expe­ri­ences.’ And they’d all look at me very strange­ly.” 

Exploring possibilities

Corazzi’s jour­ney to the meta­verse took many twists and turns. At school, his inter­ests lay in media and enter­tain­ment with ear­ly dreams of work­ing in the music busi­ness. He would go on to become a singer-song­writer and the front­man of a band before build­ing his own record­ing stu­dio and work­ing as an audio engi­neer. 

It was at this point that his nascent inter­est in tech start­ed to resur­face. “When I was at school, tech­nol­o­gy wasn’t real­ly at the fore­front of anyone’s focus,” he says. “But then we saw the birth of the inter­net.” Both of Corazzi’s par­ents were entre­pre­neurs and his father was one of the first to bring in pro­gram­ming for busi­ness­es. “Help­ing my dad out in his busi­ness, I learnt about going from paper to dig­i­tal. I saw that tran­si­tion hap­pen­ing.”

It’s cru­cial to have that entre­pre­neur­ial spir­it, to face chal­lenges and cre­ate new con­cepts and strate­gies in an emerg­ing mar­ket

Lat­er on, while work­ing with artists in his record­ing stu­dio, he realised how time-con­sum­ing and man­u­al a process cre­at­ing music could be and start­ed look­ing for ways to mod­ernise it. “All I want­ed to do as an entre­pre­neur and a devel­op­er is cre­ate tools that I nev­er had.” He start­ed to explore what was need­ed to be suc­cess­ful as an artist or a cre­ator that did not cur­rent­ly exist and devel­oped from there. “One thing led to anoth­er — and we went from broad­cast­ing and stream­ing projects – which led us to the meta­verse.” 

Almost entire­ly self-taught, Corazzi devel­oped his engi­neer­ing and soft­ware skills and start­ed work­ing on web­sites, appli­ca­tions and CRMs for oth­er com­pa­nies before he start­ed run­ning his own tech­nol­o­gy projects in his for­ties. 

The cul­mi­na­tion of these projects is eye­o­ra, a VR plat­form that Corazzi first pre­sent­ed to poten­tial investors 10 years ago. When these investors couldn’t see the poten­tial, Corazzi start­ed to fund the project out of his own pock­et and by 2019 he had secured an impres­sive board and exec­u­tive team of high-pro­file tech entre­pre­neurs, musi­cal artists and man­agers (includ­ing Chris Her­bert, founder of both the Spice Girls and the boy­band Five). 

“I love the excite­ment of build­ing a new indus­try,” says Corazzi. “I love see­ing the reac­tion from peo­ple when they see some­thing they’ve nev­er seen before. Build­ing web­sites is great, but it’s not excit­ing.”

The oth­er best part of build­ing a com­pa­ny from scratch, he says, is see­ing that organ­i­sa­tion grow and devel­op. “We start­ed with two peo­ple and today we have near­ly 30. I’m see­ing peo­ple get­ting mar­ried, hav­ing chil­dren and build­ing careers around some­thing that I envi­sioned. That’s very reward­ing.” 

The draw­backs? When you are a tech enthu­si­ast and vision­ary ideas guy, hav­ing to run a com­pa­ny takes away from the time you can spend on those pas­sions. “I was nev­er a CEO. I’ve always worked for com­pa­nies,” he says. “Now, I’m respon­si­ble for mak­ing deci­sions that will have an impact – pos­i­tive or neg­a­tive — on the whole com­pa­ny. And it’s not that I don’t like that, it’s just not as excit­ing as com­ing up with new fea­tures and devel­op­ment!”

Universal effort

Beyond the respon­si­bil­i­ties that all CEOs share, Corazzi says there are cer­tain skills which are essen­tial for tech entre­pre­neurs. To dri­ve a suc­cess­ful meta­verse project you need to be able to assem­ble an abun­dance of tech­ni­cal­ly able peo­ple, from front-end devel­op­ers to app-devel­op­ers to 3D-devel­op­ers. Most impor­tant of all, you then need to be able to under­stand them and their needs. “It’s not a one-per­son job. To cre­ate some­thing like that you real­ly do need a team of peo­ple.”

To push for­ward in a new area when every­one else is con­fused by your prod­uct, it’s cru­cial to have “that entre­pre­neur­ial spir­it to face chal­lenges and cre­ate new con­cepts and strate­gies in an emerg­ing mar­ket”. And this requires an instinct and dri­ve that Corazzi says you are born with. 

Final­ly, you have to be able to work with investors to give your plat­form the best chance of suc­cess. “The most impor­tant thing in that set­ting is hon­esty — you don’t want to over­promise and under­de­liv­er. You need to believe in your­self and make sure you’ve done your home­work.”

Should you be up to the chal­lenge, the pos­si­bil­i­ties are as excit­ing as they are end­less, says Corazzi. “The meta­verse is what is going to con­nect every­one in a dig­i­tal way.” Fol­low­ing suc­ces­sive lock­downs dur­ing the Covid-19 pan­dem­ic, he believes the meta­verse offers peo­ple oppor­tu­ni­ties to con­nect and enjoy life’s expe­ri­ences in a much more afford­able, acces­si­ble way. “The meta­verse can put peo­ple back into that social envi­ron­ment, even though it’s dig­i­tal, and allow peo­ple to have more expe­ri­ences than they would oth­er­wise.” 

If that sounds far­fetched to you, Corazzi knows it’s just a mat­ter of time before you can see his vision for the world your­self.

Read more from the “How I became a…” series here