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Facebook’s New Metaverse
During a recent company call, Facebook CEO Mark Zuckerberg made an interesting announcement: Facebook is launching a “shared virtual world” called the Metaverse. The goal is to create a place where people can connect anywhere and anytime.
According to the website, the Metaverse is an alternative universe where users can work or play. It’s a place where they can make new friends, attend events, and shop for items.
The Metaverse has already been embraced by several corporations and technology companies. One of the largest is Animoca Brands, which owns The Sandbox. The company also owns a major stake in CryptoKitties and NBA Top Shot creator Dapper Labs.
Another company pursuing a share of the metaverse is Microsoft. The company recently announced plans to acquire a virtual land in the metaverse. This will allow users to build their own virtual worlds.
The Metaverse is currently populated with non-fungible tokens (NFTs). These tokens are not designed to be used in the real world. They are secured by the metaverse blockchain. This allows players to sell and buy digital goods. These goods can then be exchanged for other currencies.
The fourth largest coin in the metaverse is APE, which has a market cap of $1.015 billion. APE was launched on March 17. The initial circulating supply was 300 million tokens.
RFOX is another rapidly-growing project. It’s a metaverse platform centered around gaming, e-commerce, and immersive technology. It’s also a native metaverse coin.
The success of the decentralized autonomous organization will depend on the creation of the platform, as well as the gaming preferences of users.
