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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The Metaverse and Facebook
In the Metaverse, blockchain-based apps allow users to own virtual land and play games to earn money. Popular metaverses include SecondLive, Axie Infinity, and Decentraland. In SecondLive, users can build avatars and play games, while Axies are non-fungible tokens. Axies can breed seven times and their offspring are sold on the gaming platform. In Decentraland, a crypto game, users can own and breed Axies to earn money.
Some cryptocurrencies, like Ethereum, are already gaining momentum in the metaverse, with the latest one being Decentraland. Many other cryptocurrencies, like Bitcoin, have fallen in value from recent highs, but the Metaverse has not seen the collapse of a crypto currency. The efforts of video game companies have been instrumental in creating a metaverse. Fortnite creator Epic Games has secured $1 billion to develop their new platform. Roblox, a 3D virtual reality game platform, has detailed a vision for the Metaverse and its future. The company envisions millions of 3D experiences.
The development of the metaverse has been hailed by Facebook, which has just renamed its social network, Instagram, and WhatsApp as “Meta.” Founder Mark Zuckerberg has promised to develop a digital world where people can work, communicate, relax, and do other activities. Some believe the metaverse will revolutionize modern technology and change the way we live and work. There is a need for more research and development, however.
