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Investing in the Metaverse
If you’ve been following social media lately, you’ve no doubt heard about the concept of Metaverse. This futuristic virtual world will allow users to buy real estate, buildings, and avatars using cryptocurrency. Users can walk around the world with friends and buy goods and services. They can even use the world to host events. The metaverse offers a new level of entertainment and socialization. You can also make friends with AI avatars and collaborate with them in a virtual world.
There’s a growing sense of hype surrounding the metaverse. The name change has been accompanied by a surge in the price of metaverse gaming cryptocurrencies. Facebook’s parent company will remain Facebook, but the new name will likely have no impact on the social networking site’s other services. While Facebook’s name change may have affected the value of the Metaverse, its future is still up in the air. But there’s a lot of speculation that Facebook will launch Metaverse as a service, which could make it a major force in the industry.
To start exploring the metaverse, you should consider investing in a Metaverse Index. This index automatically invests in a range of metaverse tokens. Token sets can be explored more easily than individual tokens. The idea behind the metaverse is quite futuristic. Neal Stephenson coined the term in his 1992 science fiction novel Snow Crash. In his work, Stephenson imagined lifelike avatars in virtual reality environments and 3D structures.