Today will be talking about Bitcoin retracing and the crypto markets in general and what we can expect in the short to mid-term. Next we’ll discuss new revelations about the SEC case against Ripple and what that could mean for the case going forward, and last but not lest we’ll look at Epic games $2B investment into the metaverse.
Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts include Gareth Soloway, Crypto Keeper, The Martini Guy, & Ben Armstrong. Tune in for their insightful crypto analysis.
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The Metaverse and Facebook
The Metaverse is a futuristic concept that can bring people together. It is a virtual world where virtual reality headsets are worn in a virtual environment. With the rise of online gaming to tournament levels, the potential for creating sophisticated digital avatars and tradable digital assets and real estate is now within reach. Facebook is far from the first company to think about the Metaverse, but its vision is certainly promising. Let’s look at some of its benefits.
The concept of the metaverse has been used in movies and television shows for quite some time. This concept allows real people to take on different roles within a virtual world. For example, a real person can wear Nike shoes in one virtual world and use that same pair of sneakers in another. The device can represent the economy of the real world. The virtual world also allows people to practice their skills in a virtual space. Once they’re trained in the virtual world, they can apply those skills in the real world as well.
The metaverse is a digital world that links to reality, but is not necessarily linked to it. Resources in the real world are limited. But in the virtual world, resources are unlimited. Digital identities and transactions help users manage their digital universes. Despite the infinite possibilities of the metaverse, real-world resources will still be limited. As such, the concept has drawn many debates. However, it is a remarkably important topic that deserves serious consideration.