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The Metaverse – How Facebook Will Use It

In the Metaverse, you inhabit your own virtual space, where you interact with other users via an online avatar. This avatar enables you to freely move, speak, and act. You can also buy, sell, and exchange virtual property using non-fungible tokens. The real potential of this virtual space lies with its users.

There are many different applications that use the Metaverse, but a few of the most popular ones are Decentraland, Axie Infinity, and SecondLive. In Decentraland, you can become a virtual land owner, and earn money by playing various games. SecondLive is a popular metaverse that uses the Ethereum blockchain. Users earn Axies (non-fungible tokens) by playing games and breeding with other Axies. You can breed up to seven Axies, and if you want, you can sell your offspring on the gaming platform.

Another interesting way to use the Metaverse is as an educational tool. It offers the opportunity to collaborate with colleagues and friends in different locations. Using the Metaverse in school or work settings will allow students to learn in a virtual environment without having to leave the comfort of home. A good example of this is the Netflix series Falling Inn Love, which shows how a virtual environment can improve social interactions.

Facebook’s CEO Mark Zuckerberg recently revealed that the social networking giant would be creating a “metaverse” in which users can communicate and collaborate regardless of time or location. The idea is to let users create a “virtual self” in the Metaverse and have it stay there long after a specific event takes place. It is also said that the Metaverse would be a highly complex internet network with social media and digital currency.

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