BitBoy ARREST Scare?! (Crypto Clawback Blowback)

Did Bitboy get arrested?! We ran into problems in New York City when I demanded answers from Celsius regarding retail clawbacks. In today’s wrap-up, I also give you the top highlights of crypto news.

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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. Digital Assets are highly volatile and carry a considerable amount of risk. Only use exchanges for trading digital assets. Never keep your entire portfolio on an exchange.

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What is the Metaverse?

Metaverse is a virtual reality universe that spans different digital platforms and merges with the real world, where people can shop, work, play and hang out together in a synchronous and persistent three-dimensional environment. It is a massively scaled, interoperable network that enables users to carry personal information from one metaverse experience to another in a seamless manner.

Crypto, NFT and Game Tokens

A thriving cryptocurrency market is emerging as developers use decentralized blockchain technology to create scalable ecosystems for virtual items in the metaverse. The tokens can be purchased and exchanged for a variety of goods in gaming marketplaces and other markets that are built around these platforms, such as the Decentraland and Sandbox networks.

Brands are launching metaverse experiences in existing VR settings, such as Hyundai Motor Company’s metaverse on the Roblox gaming platform or Warner Bros.’s metaverse project on Roblox to promote the film “In the Heights.”

There are a variety of ways for business owners to make their products and services available in the Metaverse, including using digital twins and providing access to scalable infrastructure that supports specialized services and products across a broad set of verticals. In addition, some businesses are exploring the possibility of establishing virtual representations of real estate that can be purchased and owned in the metaverse.

CIOs and other IT leaders will need to monitor the examples and use cases of these technologies closely as they develop and adopt them in their own organizations. They will also want to understand the standards that are developing as the technologies evolve and how they could impact their own business operations.

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