In this video, we will discuss the price of Bitcoin, Ethereum, and the top altcoins. We’ll take a look at the cryptocurrency markets and the latest crypto news.
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Play-To-Earn in the Metaverse
The Metaverse promises a new level of entertainment with the ability to communicate with AI avatars and create social relationships. It already exists in the online world as the social network Facebook. The frequency of posts and the amount of personal information people share can reveal a lot about them. And Facebook clearly believes that the Metaverse is the next generation of social media. The implementation of play-to-earn is critical to the success of the Metaverse globally.
Blockchain-based apps will allow players to own their own virtual land, play games, and earn money in a game environment. Popular metaverses are SecondLive and Axie Infinity. Decentraland and Axie Infinity are among the most popular of these virtual worlds. The Ethereum blockchain is used in Axie Infinity. The non-fungible token, Axie, is created from over 500 body parts and can breed up to seven times. Afterwards, the offspring can be sold on a gaming platform.
While the Metaverse is not a blockchain-based virtual world, its use in gaming has been embraced by the general public. Many companies, including Adidas, have purchased land on The Sandbox and are building an Adi-verse metaverse. This virtual world is also being supported by Coinbase and influential NFT brands. The website also features daily updates about games, as well as step-by-step instructions for building a game. Users can even create a free demo version of a game to test its capabilities.
