Polygon (MATIC) is one of those cryptos that I have to DCA because they are building in the bear and making progress as it seems others are regressing. WIth the ZK Rollups, massive partnerships with Nike, Starbucks and Disney PLUS the news of the NFT Artificial Intelligence…this is one crypto to keep your eye on!
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0:00 – Market Recap | Topics Overview
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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.
What is the Metaverse?
Metaverse is a virtual world that collapses the real and virtual boundaries. It is a platform where people can play games, interact with friends and do other things in avatar form.
The technology is already gaining traction. Some major players are staking their claims on the future of the metaverse, such as Google, Facebook and Microsoft.
Cryptocurrencies figure to make up a huge part of the economy in the metaverse. Non-fungible tokens, which are based on blockchain technology, can be used to monetize things like digital real estate or music.
Gaming in the metaverse is also thriving, with VR-based titles gaining popularity. Some games are designed to simulate the environment, while others are a mix of combat and role-playing.
Some are more about interacting with others and sharing the experience of playing in an online world. These include Axie Infinity, which lets you breed monsters and use them to battle other players.
Upland is another popular metaverse game that allows users to purchase and manage virtual real estate in the Metaverse. To purchase properties, players must first create an account and verify their email address. They can then purchase different types of property and place them in collections to earn one-time bonuses and boosted earnings.
In addition, a number of companies are creating products for the metaverse to enhance the user experience. For instance, Nike has teamed up with Roblox to create Nikeland, a metaverse where Nike fans can buy and customize virtual sneakers and apparel.