Today we will be discussing the world’s largest asset management firm Blackrock launching a Bitcoin Fund, will Wall Street FOMO in? Next, we’ll talk about Robinhood coming under fire by U.S. district courts for “meme stock” market manipulation and last, we’ll talk about Polygons impressive influx of dApps since the start of 2022.
Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts Zach Rector, mineyourbiz, Crypto Blood, & Ragzy. Tune in for their insightful crypto analysis.
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Facebook’s Metaverse Could Be a Game Changer
The Metaverse, a digital world powered by blockchain technology, was first announced in November 2012. Since then, it has been hosted by Zoom, a company owned by Robby Yung, the CEO of Animoca Brands. The company is also a major shareholder in CryptoKitties and NBA Top Shot creator Dapper Labs. Although Zuckerberg doesn’t think the Metaverse is going to change the world, he does believe that it has the potential to be a game changer.
While Facebook’s decision to rebrand itself as Meta Platforms has been highly anticipated for some time, its decision to push the idea into the mainstream has created a lot of hype. Facebook is now the most widely publicized company in the world, and the move has catapulted the idea into the public consciousness. It seems that every news outlet is talking about the metaverse. Let’s take a closer look at the concept. Basically, the metaverse is a virtual world created by the Internet, and all of us inhabit it.
In the future, the Metaverse will require constant confirmation of ownership, making it essential for businesses to monetize these transactions. NFTs allow users to create unique, digital tokens while preserving transparency in the blockchain. This way, users can sell or trade digital goods without the need for a third party. It also provides an opportunity for passive income through advertising. But that’s not all. For those who are looking for passive income, the metaverse may be the perfect solution for you.