The crypto and stock markets have run decoupled from one another for years, but as crypto’s mass adoption continues to increase, the two markets are now more correlated than ever before. In today’s video I take a look at why that is, how we got here, and why it matters for the future of both markets.
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1:13 Past Market Growth
6:11 A Future Together
7:21 The Halving’s Future
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Potential Uses of the Metaverse
Virtual worlds, also known as metaverses, exist on the Internet. In this type of virtual world, avatars are created that interact with their environment. These worlds can be accessed through virtual reality headsets, such as the Oculus Quest. To be a metaverse, the network must be “decentralized” – the network should be independent from any central authority. Crypto technologies, such as blockchain, are being used to make this possible. Non-fungible tokens, used to store ownership rights, are also being used.
Virtual worlds are already being used for marketing and promoting brands. Metaverses allow users to hop between these platforms and engage with their consumers in new ways. To join a metaverse, you need advanced digital technologies, a VR headset, a high-speed internet connection, and an understanding of how these technologies work. Here are some of the potential uses of metaverses. Read on to learn more about this innovative technology. The possibilities are endless!
With the hype surrounding the metaverse, interest in purchasing digital land and virtual real estate has skyrocketed. The popular Decentraland virtual playground will be open to the public in February 2020. Investors have been pouring in millions of dollars to purchase land parcels, which can be sold at a later date for a higher price or lease to metaverse event organizers. One prime parcel is currently listed for $1 million. The company is a leading company in virtual worlds and has invested heavily in several metaverse projects.