This vid is the Q&A Session from today’s Live Stream. Want to watch the Live Stream?
https://youtu.be/M32uHwlXuKA
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⏰ June 12th, 2022 (11am). Take ALL crypto OFF of Celsius ASAP! – https://youtu.be/4QzIzg1HtDU
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Facebook’s Metaverse – What Is It?
There is a lot of talk about the Metaverse lately. It is a world of virtual reality that is being facilitated by augmented reality headsets. Users will be able to interact with the digital and physical worlds, hang out, and browse the web.
In the Metaverse, users will have personal avatars. They can play games and purchase virtual artwork. This is facilitated by the use of crypto technology. These currencies are in-game tokens that are designed for specific metaverse environments. The tokens can be traded for real-world value.
Aside from gaming, many industries are also using VR to engage their audiences. For example, aerospace giant Boeing plans to create a digital environment where its employees can collaborate. Similarly, online cinemas will issue tokens to their viewers for movie viewing rights.
But what exactly is the Metaverse? While the term was coined by Neal Stephenson in 1992, it has evolved into the nebulous concept of a single virtual reality.
Mark Zuckerberg, the CEO of Facebook, has been announcing plans for a “Metaverse” for months. In October, he released a long video on the subject.
The technology behind the Metaverse is not yet fully developed. But it is likely to generate trillions of dollars in value as a new content medium.
To build a community-driven Metaverse, the company will have to incentivize users to monetize the services. In addition, commercial partnerships are crucial.
One of the ways to do that is by making the Metaverse a decentralized, autonomous organization. However, that depends on the creation of a platform.
