Q&A (AFTER LIVE STREAM) – “DON’T GET TOO EXCITED ABOUT THE NEW CRYPTO BILL. HERE’S WHY…” 06/06/22

This vid is the Q&A Session from today’s Live Stream. Want to watch the Live Stream?

👀 WATCH TODAY’S LIVESTREAM HERE 👉 https://youtu.be/KhNQBPWdMxY

0:00 – Market Recap | Topics Overview
2:04 –

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●▬▬▬▬▬▬▬▬DISCLAIMER▬▬▬▬▬▬▬▬▬●

***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.

The Future of Cryptocurrency and the Metaverse

The metaverse is the digital space where individuals can participate in a virtual world. It will be driven by entrepreneurs who will create content, offer services, and do useful things for the metaworld. The key to success is monetization. Non-fungible tokens can represent ownership of one hour session. Online cinemas could issue tokens for viewing movies for a period of time. Tokens can also serve as passes for events or planets.

Animoca Brands, a metaverse VC company based in New York, is the unicorn. Founded in 2012, the company has already raised $810 million in funding. It has partnered with Liberty City Ventures, Winkelvoss Capital, and Soros Fund Management. In January, the company raised $360 million, valuing the startup at $5 billion. While there is still much room for growth, Animoca is on the right track.

The next big investment in Metaverse could come from a company like Facebook. The social media giant may be concerned about Facebook’s role in the crypto world. Facebook, for example, recently announced that it would invest $10 billion into Metaverse this year. Zuckerberg has also teased that his company would support NFTs in the future. However, his comments do not sway the opinion of some prominent figures in the crypto world. One such figure is Raoul Pal, a former hedge fund manager and outspoken crypto enthusiast.

As for decentralized games, Decentraland and the Sandbox have a lot to offer. With their blockchain-based apps, users can create virtual land on which to play games and earn money. Other blockchain-based games such as SecondLive have received a significant boost with the announcement. The game has been gaining popularity among gamers and several large companies have begun marketing there. Its popularity has even led to the banning of decentralized games on Steam.

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