NEXO IS PULLING OUT OF THE U.S. AND THE REASON WHY CRYPTO IS SLOWLY DYING OFF. Plus, TWITTER COIN & Goldman Sachs news.
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⏰ July 1st, 2022 – Withdraws FROZEN
⏰ *”Not your keys, not your crypto” repeated AD NAUSEAUM over 2 years.
0:00 – Market Recap | Topics Overview
2:04 –
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#BITCOIN #ETHEREUM #CRYPTO #CARDANO
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.
The Metaverse and the Future of Crypto
Throughout the past few years, the term “metaverse” has been making headlines. It refers to a persistent digital world that incorporates a mix of software, hardware, and cryptography. It can function as a data center, a gaming platform, or a blockchain technology.
There are already a number of popular metaverses. These include Axie Infinity, SecondLive, and Decentraland. Some of the largest companies have started marketing on these platforms.
Axie Infinity Shards can be used to win prizes by staking or breeding Axies. These tokens also serve as passes to closed clubs and events. They can be purchased using bank transfers, Android Pay, or Apple Pay.
Another popular metaverse is OpenSea. It recently announced that creators on its platform earned $1 billion in 2022. This indicates that the Metaverse will be a large part of the crypto gaming market.
There are still a few issues to be worked out with blockchain-based metaverse systems. The technology is still undergoing development in augmented reality (AR) and virtual reality (VR) technology.
Aside from the technological aspects, companies need to develop purposeful innovation cultures and ensure that employees focus on the human dimension. Ideally, organizations will include metaverse experts in their governance structures. They will also need to implement new hybrid working policies.
Companies need to do a thorough research on how they can best use these technologies. They should also research the needs of their customers and determine whether they have a unique selling proposition. Companies should also research peer firms in the metaverse space.
