With all the information coming out about FTX it’s important to realize that not all companies and people involved in crypto are bad actors. In this video Ben interviews Dominic Williams, founder of DFINITY and Internet Computer (ICP), for an inside scoop on what happened with FTX.
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Facebook’s Metaverse Initiative Attracts Major Tech Firms
Earlier this week, Facebook announced that it was investing $10 billion in its new Metaverse initiative. This new project will help the company grow its virtual world. The company is laying the groundwork for a new kind of technology that merges virtual reality and augmented reality.
The social networking giant’s plans for a Metaverse are already attracting interest from other major firms. One of the biggest is Epic Games, which has received $1 billion in funding. It is hoped that the new platform will change the way people perceive virtual worlds.
Another major player is Microsoft, which has plans for its own Metaverse. This platform will be a decentralized system that allows users to interact in a virtual environment.
The new system will be built on the Ethereum protocol and will support virtual transactions with security and transparency. It will also provide users with a secure way to own assets. It will also allow users to move assets from platform to platform.
The company is also planning a major monetization push. It will allow users to buy and sell NFTs. It also will make it easier for users to mint and display NFTs.
It will also provide users with an immersive world to interact with. It will include real estate and virtual objects.
The platform will allow users to purchase Sorare cards, which can be purchased with debit and credit cards. Users can also purchase BLOK currency, which is used to buy bloks of real estate.
