In your nightly crypto news wrap-up, we bring you the top crypto stories. Jim Cramer says there’s no real value in crypto. The bear market continues to take players off the table and is it possible for Cardano to blast off by September?
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What We Discuss:
0:00 Intro
0:16 Cramer News Clip
0:58 Cramer vs. Crypto
2:08 Market Watch with Frankie Candles
3:14 R.I.P. Crypto Exchanges
4:42 Cardano’s Good News
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Top Videos:
📓Crypto 101: https://youtu.be/AaNfHskwLdg
🏘️Housing Crisis: https://youtu.be/a51Oi34c6Jc
🌐Internet Is Rotting Away: https://youtu.be/_rB6vjvYjNE
💻Cyber Warfare: https://youtu.be/gubDnq8jJxI
🌍World Economic Forum: https://youtu.be/ZOOtPB1pYtE
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
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What is a Metaverse?
The term’metaverse’ was first used in 1992 by Neal Stephenson in his science fiction novel Snow Crash. Stephenson imagined lifelike avatars in virtual reality scenarios or 3D structures. Since then, the concept of metaverses has grown significantly. In this article, we’ll look at what a metaverse is and how it will impact the world around us. The concept of metaverses has a number of applications.
As a digital medium, the Metaverse has the potential to revolutionize the way we communicate and collaborate. As an avatar in a metaverse, users can chat with AI avatars and create content. There are also plans to create additional content centers, like meditation or self-actualization planets. Microsoft has already announced plans for its own metaverse. It’s a mixed bag of hardware and software. Microsoft says it plans to build a metaverse by 2022, so it’s early days.
A metaverse can be described as a conceptual collection of open settings and worlds. Each metaverse can be different, but it can be accessed by a VR headset. It could also be a platform for events and other functions. Facebook has an interest in the Metaverse, too. They recently announced a $50 million investment in research and development. They’ve also hired at least 10,000 people in Europe to build the platform. So what’s next?
Another application of metaverse is in gaming. Unlike standard VR experiences, this one will be social by design. Players will be able to invite real-life friends, engage in conversations with them, and form relationships. Another application of metaverse gaming is play to earn, as people will be able to sell items to other users for cryptocurrency. Another use of metaverse technology is to allow for portable game assets, based on an interoperable metaverse architecture. Ultimately, these platforms will become the backbone of the future economy.