Today we will be discussing Bitcoin riding on the edge of losing key support, is max pain inbound!? Next we’ll talk about the Pentagon moving forward with Crypto research programs through DARPA, and last we’ll look at the inflow of VC funds for popular NFT project Azuki!
Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts Maren, Mineyourbiz, RiceTVx, & Crypto Keeper. Tune in for their insightful crypto analysis.
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The Metaverse and Cryptocurrency
The Metaverse is a decentralized virtual world that is gaining traction for a variety of reasons. It allows users to collaborate on virtual 3D design projects. It also allows users to create animations. It has been popular enough that Adidas recently purchased land in the metaverse to create its own virtual world, dubbed Adi-verse. The company has teamed up with other influential NFT brands and Coinbase to build the world. The Sandbox website has daily updates for aspiring metaverse builders and is free to join.
In the metaverse, users inhabit their own virtual space and interact with other users by using a virtual avatar. They can move around freely, communicate with others, and even amass wealth and fame. In addition, users can buy, sell, and trade non-fungible tokens in the metaverse. However, before creating a new metaverse, it is crucial to ensure that the data and transactions are secure and backed by cryptocurrency.
Metaverse has become increasingly popular among tech firms, including Facebook. Blockchain-based apps let users create and manage their own virtual space and earn money by playing games. Some popular metaverses include Decentraland, SecondLive, and Axie Infinity. Axies, which are non-fungible tokens, can be used in games and are sold on the game platform.
The Metaverse also presents a huge opportunity for the cryptocurrency and blockchain industries. It is possible to create a large virtual world using these technologies, and they may even be the currency of the metaverse.