In this week’s portfolio update, I’m going to be moving some of our success from Cosmos into some Layer 2 coins I think will pay off in the long run.
0:17 Portfolio Overviews
2:00 10K Portfolio
3:06 ISO 20022 Portfolio
3:30 1K Portfolio
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Facebook’s Metaverse Isn’t Just For Facebook
The Metaverse is a virtual space that is constantly evolving. It’s a place where you can create your own avatar, interact with other people, and play or work. You’ll be able to shop, learn, and even hang out.
According to Mark Zuckerberg’s announcement, it’s the next chapter of the internet. He described it as an “alternate universe,” where you can connect with friends, hang out, or do whatever you want.
While Facebook’s decision to rebrand itself as Meta Platforms has catapulted the concept into mainstream consciousness, it’s not the only tech company interested in the concept. Microsoft has also announced its own plans to build a metaverse.
Cryptography and blockchain technology are often involved in the creation of a metaverse. These technologies are designed to help users securely own and move assets across platforms. They also enable virtual representations of legitimate ownership.
Using crypto technology, you can purchase virtual goods and then use those assets to buy or sell items in a virtual world. You can also invest in a Metaverse token, which can then be used to earn interest.
Metaverses are accessed through virtual-reality headsets. In the future, it’s likely that these metaverses will be decentralized. However, it’s still unclear how much control the companies involved in these projects will have over the overall design of the metaverse.
Metaverses are based on a combination of software and hardware. Tokens, or in-game currency, will be issued for specific metaverse environments. Users can exchange these tokens for other currencies or sell them for real-world value.