This vid is the Q&A Session from today’s Live Stream. Want to watch the Live Stream?
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BLACKROCK played their hand perfectly and waited for the right opportunity to get into the crypto market and here…we…go.
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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.
Facebook Develops Its Own Crypto-Based Game
The term “metaverse” was coined by Neal Stephenson in his 1992 science fiction novel Snow Crash. He imagined a world where people could interact with lifelike avatars in 3D environments and virtual reality scenarios. The term is currently used to describe virtual reality worlds such as ARKit, the Ethereum blockchain, and the Internet of Things. This new concept will have huge implications for virtual reality gaming and for real-world business models.
As the social media giant faces declining revenues and losing users to rivals like Snapchat and TikTok, Meta is exploring the possibility of a digital currency. The token, which will only be valid on the Metaverse, could be used to make purchases and send money. Facebook has already christened its new virtual currency, “Meta,” after its CEO, David Marcus. The move also shows the company’s commitment to the future of the metaverse.
The term “metaverse” is a combination of the prefix “meta” and the word universe. In this virtual world, users can buy land, build avatars, and interact with other avatars. They can go on walks and visit facilities, buy goods and services, and even hold events. Ultimately, the metaverse would be a virtual reality where people can meet and interact without worrying about borders or language barriers. It will be an interesting experiment to watch!
With blockchain-based apps, users can create their own virtual land and use it to make money. The most popular metaverses include Decentraland, Axie Infinity, and SecondLive. Microsoft is considering entering the metaverse space by developing its own game. The former is currently building the “MetaCity,” an interactive world based on the Minecraft video game. There are about 70 NFT plots in MetaCity, and owners can use them to build different types of businesses.
