Over the last decade, greedy institutions have eaten up so much of the supply of houses in America inflating the market and forcing many into prolonged renting.
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Facebook’s Metaverse Will Support Non-Fungible Tokens
The Metaverse is a new type of virtual world that has already been gaining attention in the gaming industry. The company behind Minecraft and other popular games has partnered with Microsoft to create a metaverse-like environment that can be used to play games. The company recently announced that it will invest $10 billion into the Metaverse this year. Many other companies are also getting into the game world as well. Microsoft, NVIDIA, and Epic Games have all announced their plans to explore the Metaverse.
A metaverse is a virtual world that allows you to hop between platforms to enjoy games, interact with other users, and make money. You can purchase a Burberry shirt on one platform, take your avatar to another, and invite friends to hang out in your metaverse house. The idea behind the metaverse is to bring together many of the latest technologies, including VR, AR, and Web 3.0, to create a virtual universe that allows people to interact with each other in unique and meaningful ways.
Facebook’s metaverse also will support non-fungible tokens, which have thrived on the Ethereum blockchain. This will make it easier to sell digital objects that are limited edition. Facebook, which owns the virtual reality headset maker Oculus, is also preparing to make a major hiring push for its metaverse unit. If the company can get the right people to make these new metaverse games possible, it will be able to dominate the virtual world.
