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.
https://cointelegraph.com/news/traders-target-1-400-ethereum-price-after-eth-drops-closer-to-a-critical-support-level
https://cryptobriefing.com/wintermute-makes-optimistic-assumption-loses-20m-optimism-tokens/?utm_source=feed&utm_medium=rss
https://cointelegraph.com/news/75-of-retailers-eyeing-crypto-payments-within-24-months-deloitte
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Facebook, Animoca Brands, Animoca Brands, Animoca Brands, Animoca Brands, Animoca Brands, Anim
The metaverse is an interactive virtual environment that allows users to build and monetize content. Its creator, Mark Zuckerberg, has his eyes on the future of this technology. As a crypto enthusiast, he is wary of the potential for centralized actors to control the metaverse. While this isn’t a big problem at this point, many crypto enthusiasts do worry that the metaverse will become a big tech app store.
Animoca Brands is one metaverse upstart that has a similar view. Animoca Brands, the maker of the acclaimed “The Sandbox” and NBA Top Shot creator Dapper Labs, is a major investor in this new space. The company has made 139 metaverse venture deals with some of the world’s leading investment firms. Yat Siu is an early adopter of blockchain technologies and has faced regulatory pressures and financial issues dealing with cryptocurrencies in the past. He is now bolting into the metaverse to invest in foundational technologies. A growing number of non-fungible tokens is the latest hype. Non-fungible tokens are digital assets that authenticate ownership and store value. Trading volume for these tokens reached $25 billion last year.
The metaverse will need constant confirmation of ownership. To ensure that ownership is maintained, NFTs will be used to create unique tokens. NFT allows for the transparency of transactions on the blockchain. The metadata on the token will indicate who owns it. In this way, it will be difficult for anyone to fake the ownership of a token. It is possible that Facebook or other big tech companies will sway the market. But as of yet, many experts believe that the Metaverse is only just beginning.
