Today we will be discussing recent calls from top market analysts warning of EXTREME volatility inbound for Bitcoin! Next we’ll look at Ethereum’s biggest drop off in supply since the merge, and last we’ll talk about recent Paypal misinformation policies backfiring on the financial behemoth!
Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts Sin City Crypto, Forrest, Brad Varnell, & Max Wright. Tune in for their insightful crypto analysis.
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What is the Metaverse?
Metaverse is a virtual reality platform that allows its users to create, own, and trade virtual worlds. To get started, all you need to do is sign up for a free account. Once you have an account, you can purchase NFTs with credit cards, debit cards, Apple Pay, or Android Pay. These tokens can be used to purchase goods and services and also to play games in the metaverse.
Metaverse is a social environment where players can meet other players and build relationships. Unlike traditional VR experiences, this is a more social experience, allowing gamers to invite real-life friends and engage in social activities. Metaverse gaming will also include play-to-earn elements, where players can sell virtual goods to other users for currency. In addition to this, the metaverse architecture will allow game assets to be portable and interoperable between users. The metaverse will also offer content centers centered around meditation and self-actualization.
Metaverse companies that have raised capital are Animoca Brands and Sandbox. These two companies have raised $810 million over the last two years and have partnered with Winkelvoss Capital, Soros Fund Management, and Sequoia China. This month, the companies have raised an additional $150 million from Temasek and Boyu Capital, bringing their total funding to almost $5 billion.
The Metaverse is a term coined by Neal Stephenson in his 1992 cyberpunk novel, Snow Crash. In this virtual reality, users create avatars, buy land, and build their own virtual universe. In the virtual world, they can meet with friends, attend events, and even buy virtual goods using cryptocurrency. It’s easy to imagine that a world without distances and time zones would be a metaverse.