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The Metaverse and Facebook
What is the Metaverse? In this article, we’ll explore the different types of virtual worlds and their potential for business use. In the Metaverse, users own their own virtual land through blockchain-based apps. Then, players play to earn money. Popular metaverses include Decentraland, Axie Infinity, and SecondLive. The Axies in Metaverse are non-fungible tokens that can be used to buy items and services. Users can breed Axies up to seven times and sell their offspring on the gaming platform.
The most popular video game in the metaverse is Fortnite, with over 350 million players. During the game’s recent virtual concert, Travis Scott’s performance was viewed by 12 million people. The metaverse aims to create an online social community. While it’s primarily used for gaming, the metaverse could also help virtual workers. Its popularity has sparked discussions about the future of virtual reality and blockchain technology. It may also lead to a new type of job, such as virtual service provider, which will be able to work remotely.
Mark Zuckerberg has created the Metaverse. A multidimensional virtual world, the Metaverse will enable people to play multiple roles and interact with both the physical and digital world. Its infrastructure was built on blockchain technology, which will facilitate a community-built Metaverse. Although the technology is not yet ready for widespread adoption, some key components are already in place. The first one is incentivization. Despite the emergence of the Metaverse, Facebook has already carved a niche for itself in social media, revealing personal information in the posts.
