Patience is key for building long term gains in crypto. Just because you’re down, doesn’t mean you’re out. In this video, I give you an update on my 5 crypto portfolios.
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The Metaverse and Cryptocurrency
Metaverse is a virtual reality space where people can interact with each other and create immersive content. This technology is used to create games, concerts and other events. For instance, the popular video game Fortnite has hosted concerts by Ariana Grande. Some companies are interested in applying this technology to their products, and some are even incorporating it into cryptocurrency projects.
The Metaverse will eventually be accessible through mobile devices, game consoles and virtual reality glasses or headsets. In the future, it will allow millions of users to work, collaborate, and play together. In the meantime, there are several companies already operating in this virtual space, including Epic Games, which recently announced a $1 billion funding round.
Microsoft, for example, has done a lot to enhance the user experience, including developing native products such as Microsoft Flight Simulator, and acquiring popular game firms such as EA. The company has also acquired successful series like Halo, Fallout and The Elder Scrolls. The company has also released a game called Minecraft, which exemplifies the creator economy of the metaverse. Additionally, Microsoft has developed a conferencing and chat tool called Microsoft Teams, which could pave the way for an immersive work environment.
To make the Metaverse a true virtual reality experience, players can create virtual worlds with the help of online tools. Crayta, for instance, allows players to collaborate on creating virtual worlds through a collaborative game-building platform. This platform is built on top of the Unreal Engine 4, which is an open-source 3D creation tool. Using this technology, players can unleash their virtual fantasies and bring these to life.
