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Today we will be discussing the MAJOR risk Silvergate poses to the entire crypto market, is this where we get a final capitulation? Next, we’ll discuss the insane amount of real estate SBF now owns in the Bahamas, and last, we will dive into what is going on with Curve and the intense volatility.

Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts TJ, Justin Williams, AJ Writes Crypto, and Ben Armstrong. Tune in for their insightful crypto analysis.

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Will Facebook and Other Corporations Control the Metaverse?

Several corporations are vying to control the Metaverse. Some of them are video game companies. Others are tech behemoths. The biggest question is whether or not this is a win-win situation. The answer isn’t simple.

The first step in building a metaverse is to create value. This is done by acquiring assets that will give people a sense of ownership. Then the infrastructure is built to allow users to interact with each other.

Crypto technology is one of the ways users can secure their assets and move them across platforms. This technology is also used in metaverses to allow for virtual representations of legitimate ownership.

Cryptocurrency technology also enables users to create virtual land. They can purchase it with virtual currency or using apps based on the technology. They can then use the land as a backdrop for their avatars.

This type of game has become a hit in the last year. It can allow users to earn money and participate in tournaments and other events.

Non-fungible tokens (NFTs) have emerged as a popular way to play these games. These tokens can be used for passes to closed clubs, events, or other experiences. Some people worry about the risk of non-fungible token trading.

In October, Facebook CEO Mark Zuckerberg released a long video detailing how the company plans to build a metaverse. He noted that the company plans to invest $10 billion in this venture.

While Facebook is the biggest company investing in this space, other big names are getting involved. Microsoft has already announced plans to build its own metaverse. Meanwhile, Epic Games has gotten $1 billion in funding for a metaverse.