In your nightly crypto news wrap-up, we bring you the top crypto stories. Bitcoin dips into the $18-thousand-dollar range over the weekend in anticipation of the coming Fed meeting, FTX’s Sam Bankman Fried talks crypto on National Television and If you want to know why the next few weeks are a “make or break” situation for crypto, you gotta stick around to the end of the video!
What We Discuss:
0:32 Can Bitcoin Hold The Floor?
1:41 Market Watch
3:12 Sam Bankman-Fried News Clip
3:57 The White Knight of Crypto
5:14 Where We Could Go from Here…
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Blockchain and the Metaverse
A blockchain-based metaverse system can secure data and digital assets while encouraging users to engage in commerce and trade. Blockchain-based metaverse systems use the Internet of Things to create a seamless network connection. In addition, 3D innovation can enhance user experiences, creating more realistic interfaces and immersive gaming experiences. The success of the metaverse economy is heavily reliant on blockchain technology.
To help generate revenue, the metaverse has introduced NFTs (Network Function Tokens). NFTs are decentralized digital tokens that are used to distribute revenue. Many popular brands have also implemented NFTs. For example, Microsoft has built a huge ecosystem for PC software development. This ecosystem benefits Microsoft and enables software developers to get the most out of their apps.
To help build the metaverse ecosystem, the tech giant has invested heavily in the game industry. It has acquired leading game firms and developed indigenous products such as Microsoft Flight Simulator. It has also acquired games that have become successful franchises, including Halo, Fallout, and The Elder Scrolls. In addition to acquiring Metaverse game franchises, Microsoft has launched a popular chat and conferencing tool, Microsoft Teams, which could pave the way for immersive workplace communication.
The new metaverse will bring a whole new level of entertainment. Users will be able to create friends and interact with their AI avatars. In the future, users will be able to engage with a wide range of content, including music, films, games, and more. The new technology is expected to be a revolution in the digital economy, allowing businesses to expose their customers to more content and products to enhance their purchasing decisions.