BITCOIN has an ESG problem? In reality it’s the banks and politicians who create these problems to help the “chosen few”. It’s disgusting but it’s the reality. Also crypto and the traditional market stays coupled (for now) and we interview a congressional candidate who is on OUR SIDE – Ms. Jane Adams from Nevada.
Follow JANE ADAMS! – https://twitter.com/iLoveJaneAdams
Q&A For Today’s LIVE STREAM –
0:00 – Market Recap | Topics Overview
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The Future of Cryptocurrency and the Metaverse
Blockchain technology has made it possible to store digital identity and represent it across the Metaverse. Blockchain technology has encouraged individuals to create their own Metaverses. Although Facebook and others could still muscle into the Metaverse because of network effects, NFTs are likely to become the basis of its economy. NFTs can be used to create unique tokens and to provide transparency to blockchain transactions. The metadata of each token also contains information regarding its owner. In the future, these tokens could become the currency of the Metaverse.
In fact, the company behind Metaverse, Zoom, is a large investor in the platform. In addition to hosting Metaverse, the company has also developed Blockchain-based games with immersive space themes. One such game is Star Atlas, a blockchain-based multiplayer video game with an immersive space theme. This game uses NFTs to distribute the revenue earned by the platform. In addition, it employs the world’s largest real-time 3D creative engine.
The company has also raised money from Andreessen Horowitz, an American venture capital firm that enters deals at an early stage. Its portfolio includes the likes of Airbnb, Facebook, Coinbase, Lyft, and Roblox. Open Sea is another example of a recent investment by Andreessen Horowitz. In fact, the fund’s other investments include a number of projects in the metaverse space, including Dapper Labs and Roblox.