Constellation is a largely unknown member of the ISO 20022 coins group, and this project has been quietly putting together some of the massive government partnerships. Data usage and storage is growing exponentially, and with that comes the need for a truly secured and decentralized infrastructure. In this video we are going to take a closer look at Constellation, a use-case driven project that aims to leverage the immense value of data in the future internet of things.
What We Discuss:
0:39 What is DAG?
1:22 Staking DAG
2:05 DAG Partnerships
3:14 DAG Tokenomics
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Facebook’s Metaverse Could Be a Social Media For Crypto
The Metaverse is a virtual world that is governed by Axies. Axies are currency in this world, and you can gain them by breeding them, winning in-game tournaments, and staking them. As a result, this virtual world is one of the most popular in the market. In fact, several major brands have already started marketing their products on the Metaverse.
In fact, the developers of the Metaverse hope to make it a place where users can create content, interact, and purchase goods. However, there are concerns that these new platforms could end up being centralized and controlled by big tech firms. The biggest concern for many crypto enthusiasts is that the metaverse could become just another app store or social media.
The Metaverse is a concept of one single virtual reality, where users can share the same virtual space with others. People will be able to use avatars to communicate with one another and play games. It’s envisioned to be the “new internet” – a virtual reality with dimension, color, and texture. The developers say that this new virtual world will require time and resources to open up.
Facebook’s Metaverse will also support non-fungible tokens. For example, the social media giant’s new platform will make it easier for people to sell limited-edition digital objects. This is especially helpful for Facebook, which already owns virtual reality headset maker Oculus. Its recent announcement suggests that it’s hiring a lot of people to work on the metaverse unit.