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Facebook CEO Mark Zuckerberg Welcomes the Metaverse

In the Metaverse, users inhabit a virtual space, where they can interact with others and own virtual properties. This allows users to freely move, communicate, and take action. Users can purchase and sell virtual property, and can exchange it for non-fungible tokens. In addition, they can exchange their assets with other users.

Facebook CEO Mark Zuckerberg first mentioned the Metaverse on a recent company call. He called it the next “big thing” in the world of social technology. He also referred to Facebook as a “metaverse company.” While Zuckerberg has only recently started using the term, he’s already making big moves in virtual reality.

This new way of communicating with the community and playing virtual games has been embraced by many businesses. The Pandemic game franchise has helped Metaverse gain widespread cultural acceptance. Animoca Brands, which owns Roblox and The Sandbox, is a major investor in the company. The company is also a major shareholder in CryptoKitties and NBA Top Shot creator Dapper Labs.

In the metaverse, NFT assets may become the basis for the economy. Ultimately, this new way of paying for goods and services is open to the public and is decentralized. NFT assets will work with assets on public blockchain platforms, and cryptocurrencies could even be accepted.

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