On today’s show we will discuss Bitcoin and Crypto, as well as reviewing altcoins and other blockchain and digital asset news.
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Facebook’s Metaverse – The Next Big Thing
During a recent company call, Facebook Chief Executive Mark Zuckerberg called the metaverse “the next big thing”. Zuckerberg hasn’t used the term in public until recently, though. He’s been using it in private to describe the social network. The company has already invested in virtual reality headset maker Oculus and has started to develop a metaverse, a 3D virtual space that allows users to interact with each other in a virtual environment.
The metaverse is a virtual environment that combines software and hardware. It’s a “decentralized” system that will facilitate communication, commerce, and social interaction. It’s created using cryptography, and it’s often involved in blockchain technology.
There are a number of different cryptos used in metaverses. These cryptos are not designed for use in the real world, and there’s a small user base. Some of the most popular ones include Decentraland, SecondLive, and Axie Infinity.
In the metaverse, cryptos can be used for transactions, including renting property, selling digital objects, and acquiring virtual land. They can also be used as passes to events and closed clubs.
The metaverse is also a place to explore and learn new things. Entrepreneurs will create content and provide services to the community. They will also make money through their ventures.
There’s a huge opportunity for individuals and companies to invest in virtual real estate. The long-term growth potential of the industry is what draws people to it. There are also a number of metaverses that are already in existence, such as The Sandbox.