Since the crypto industry began, over 20,000 crypto coins have been created, but many of them are now dead in the water, including many once-prominent tokens. In this video, I’ll be going over some of the most notable coins that are now residing in the crypto graveyard, as well as taking a look at what brought them to this state, and how you can avoid losing all your money on a future dead coin.
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0:00 Intro
1:38 Namecoin
2:39 Onecoin
3:59 Bitconnect
5:14 Other Dead Coins
5:49 Dog Coins
7:18 Meme Coins
9:08 Life Lessons
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The Metaverse and Cryptocurrency
In a recent report, Citi GPS projected that 5 billion users will be active in the metaverse by 2030. The company did point out that a number of concerns remain about the currency, including regulatory uncertainty, money laundering, counterfeit NFTs, and trading scams. For these reasons, companies are making investments in blockchain and foundational technologies, internal product development, and non-fungible tokens, which are used to store value and authenticate ownership on a digital ledger. These companies have also invested in cryptocurrencies like Ethereum, which have seen a spike in trading volume to $25.8 billion in 2016.
The Metaverse is a virtual space that enables users to interact with other users, participate in virtual concerts, and engage in other forms of virtual life. Popular games include Fortnite, which is centralised in the metaverse, and the virtual world of Illuvium, which hosts decentralized economies and an extensive social network. This virtual world is home to several games with crypto currencies. In addition, there are many other uses for these games, including creating a place to play, sharing content, and making money.
The Metaverse is a place where people can interact with each other, interact with virtual land and stables, and develop avatars. Among other things, Silks allows players to buy a horse linked to a real-world racehorse. The owner of a metaverse horse earns $STT tokens when he wins a race and breeds real-world offspring. Silks Governance tokens let users become part of the Silks DAO, a government in the metaverse. It will be launched in Q1 2023.
