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Today we will be discussing the MASSIVE amount of Bitcoin offloaded over the last 30 days, will the sell pressure be able to keep up? Next our guests will dive into the recent addition of past Activision COO into leading Yuga Labs as CEO!
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The Metaverse – A Parallel Cyberspace Parallel to Physical Reality
Metaverse is an immersive virtual world populated with avatars. This digital realm is also a cyberspace parallel to physical reality.
This is a place where people can come together, learn, relax, and communicate. It can be accessed through virtual reality headsets. It is an open platform for free speech and action.
It is an online space where people can live, work, shop, play, and have fun. This place has the ability to incorporate all kinds of technologies, including augmented and virtual reality.
Many Silicon Valley companies believe that the Metaverse will be the next big leap in modern technology. This could lead to trillions of dollars in value as a new content medium.
The idea of the metaverse has been building momentum for years. It was outlined by Neal Stephenson in his 1992 cyberpunk novel Snow Crash.
It’s a world where gamers can create their own avatars and interact with others. These avatars can be purchased for real-world values or exchanged for other tokens.
The Metaverse is the next phase of the web. It will be built on blockchain technology. It is a social networking system that will work with NFT assets built on public blockchain platforms.
The tech will take a few years to develop. It may even be a while before we see a fully functioning metaverse.
Some of the world’s biggest companies are making forays into the Metaverse. Facebook is throwing huge sums of money at it. Microsoft is also investing.