In today’s nightly wrap up video Ben is going over the latest Bitcoin price action, British stable coins regulation, and Terra Luna plans to compensate the smallest holders.
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0:19 BTC news
1:44 Market watch with Frankie Candles
2:51 Stablecoin legislation in UK
3:50 Greyscale listing crypto ETF
4:32 Terra Luna news
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Is Facebook’s New Metaverse a Game Changer?
The future of the Internet is the Metaverse. A virtual network of shared virtual spaces linked together forms a perceived virtual universe. Facebook CEO Mark Zuckerberg has called the Metaverse “the next mobile internet.” It will enable users to create digital worlds through virtual and augmented reality. Facebook invested $10 billion in the project earlier this week. But is the Metaverse ready to take off? Let’s find out. Read on to learn more about the technology behind the future of the Internet.
Some metaverses let users own virtual land through blockchain-based applications. Then, users can use those “bloks” to earn real cash. Examples of popular metaverses include SecondLive and Decentraland. Both of these games utilize Ethereum blockchain. Players purchase “axies,” which are non-fungible tokens. In Axie, a virtual character is made up of over 500 body parts, and they can breed up to seven times. The offspring can be sold on the platform.
Facebook’s name change recently thrust the Metaverse onto the front page of the news. But the hype goes beyond the name change. Metaverse may be the most revolutionary technology since the internet was invented. It has caught the attention of tech giants and individual users alike. If the technology works as predicted, this could be the biggest technological breakthrough since the internet. If the technology takes off, it could transform our everyday lives, and it’s a game changer, the company is already hiring thousands of people in Europe and beyond.