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Today we will be discussing the MAJOR announcement of Grayscale facing a new lawsuit, how will GBTC hold up and what should we expect from the markets? Next our guest panel will dive into The Wolf of Wall Street Jordan Belfort’s comments on Bitcoin and Altcoins, where should investors be looking in the bear market?
Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Join today’s crypto experts Crypto Blood, Vanessa Lopez, and Joel of Bad Crypto Podcast. Tune in for their insightful crypto analysis.
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Investing in the Metaverse
Originally coined by Neal Stephenson in his 1992 science fiction novel Snow Crash, the term metaverse describes a virtual place that always exists. It is made up of digital twins of places and people. It is often populated by avatars.
The concept of the metaverse has been around for years, but it has recently hit the mainstream. Many in Silicon Valley believe the metaverse is the next big leap in modern technology. Several companies are leading the way in this area, including Facebook and Microsoft.
Today’s metaverse is mostly composed of video games. Popular ones include Roblox, Decentraland, and Axie Infinity. The idea behind the metaverse is that it allows you to bring an immersive experience into your real world.
The metaverse is not yet developed in a way that is secure and trustworthy, but it has the potential to grow. Those who want to invest in it need to understand how it works.
The idea is that you create a digital identity, and through that identity you can represent yourself in interconnected experiences. This can include a game, a business, or an event.
Each world has its own currency, and each world has its own rules. Each world also has its own avatar. Some worlds are designed for specific types of experiences, while others are designed for general use.
Cryptocurrencies are a great way to invest in the metaverse. They help facilitate a digital economy, and they allow for spontaneous transactions with security and trust.