Sin City Crypto
Today we will be discussing the Bitcoin bottom, have we reached it and what will previous bear cycles show us? Next, we’ll talk about BendDAO’s emergency vote to help borrowers avoid liquidation, and last, we’ll talk about a big move into blockchain from one of the world biggest hardware and media companies Samsung.
Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts Megbkz, Gareth Soloway, Sin City Crypto, & Ben Armstrong. Tune in for their insightful crypto analysis.
Sin City Crypto:
Intro music by Gregario Franco. Song – Nacht
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Facebook’s Metaverse – The Next Chapter of the Internet
Facebook CEO Mark Zuckerberg dubbed the metaverse as the next chapter of the Internet. It promises to open up vistas of possibilities and allow people to do anything they want. Users can gather together and work or play, shop, and learn new things. It puts the entire physical world at their fingertips and in the power of their minds. It’s not too far-fetched to think that someday people will start chatting to their AI avatars and meeting new friends in this virtual world.
As a result, the metaverse allows users to construct their own virtual world and interact with others. This environment is made possible by the blockchain technology used to build the metaverse. A popular example of a metaverse is Decentraland, which was created on the Ethereum blockchain. People can own land and play games using land tokens. Land tokens can be sold or exchanged for a non-fungible virtual currency. The metaverse is decentralized and does not regulate its citizens’ behaviour.
Entrepreneurs are driving the development of the metaverse. They will create content and services for the metaworld. Entrepreneurs will need to monetize these services in a meaningful way. For example, a crypto fund manager called Simon could issue a non-fungible token to give people access to a movie online. Tokens could also be used as passes for events and closed clubs. It could even pave the way for immersive workplace communication.