Did Elon Musk really just buy Twitter?
What does this mean for Cryptocurrency?
#shorts #youtubeshorts
Source: https://www.businessinsider.com/elon-musk-to-buy-twitter-board-accepts-44-billion-2022-4
Source: https://www.cnn.com/2022/04/25/tech/elon-musk-twitter-sale-agreement/index.html
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Investing in the Metaverse
If you haven’t heard of the Metaverse, it’s a concept that could be revolutionary for the gaming, NFT, and crypto industries. And investing in early-stage companies could yield huge returns in the future. This concept goes beyond investing in Facebook or Meta, and is more likely to be reflected in publicly traded companies with metaverse-related business models. Here are some key ways to invest in the Metaverse. Read on to learn more!
Unlike crypto-native metaverses, the Metaverse allows people to own virtual goods. NFTs, or non-fungible tokens, are a central part of the Metaverse. These tokens establish ownership and can be anything from an avatar to a piece of land, a virtual Coke, or an expensive pair of Adidas shoes. In fact, the Wall Street Journal reports that NFTs are driving commerce in the Metaverse, with many people buying them as investments.
The Sandbox, another popular metaverse, allows users to build their own virtual worlds. In fact, Adidas has recently bought land on The Sandbox and is building its own metaverse called Adi-verse. This project has partnered with leading NFT brands and Coinbase to create an ecosystem that focuses on social and sports gaming. The website of The Sandbox also offers daily updates on new games and instructions on how to build them. You can even create a demo game free of charge on the platform!
Facebook rebranded as “Meta” last year, and the technology behind it is rapidly evolving. Major tech companies are already building platforms and investing heavily in developing the Metaverse. The Sandbox, Decentraland, and Cryptovoxels make it easy to experiment with the concept. To get started, you’ll need a non-custodial cryptocurrency wallet. If you haven’t tried the Meta yet, you’re missing out on the next big thing.
