PPI numbers came in lower than expected, CPI numbers last week came in lower than expected so inflation is going DOWN. Thus, the market, drops? Here’s a reason why. Also a quick update again on Avalanche (I’m biased), coinbase cuts ties with Japan and the sweatcoin challenge update.
inflation real time – https://app.truflation.com/
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0:00 – Market Recap | Topics Overview
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What is the Metaverse?
The Metaverse is a shared, virtual universe that is accessible through virtual reality headsets and augmented reality software. It is a new technology that allows users to interact as avatars and cartoon characters.
In the future, this virtual world could be used as a platform for social and economic activities. A Metaverse can be a data center, a network of shared 3D virtual worlds or a combination of both.
This could become a major breakthrough in the digital frontier. It will allow entrepreneurs to create content and provide services. Using this system, entrepreneurs can be rewarded for their work, with the value of their work becoming a monetary token.
One example is Decentraland, a decentralized virtual world built on the Ethereum protocol. Another example is SoRare, a game based on the Ethereum blockchain.
There are many industries that use VR to engage with people. These include real estate, travel, and even the medical industry. And while the technology is still in its early stages, there are already several examples of VR games like Fortnite and Pokemon Go.
Metaverse is an exciting development for many companies and individuals. Facebook, Microsoft, and Boeing all have investments in it. If this system gains traction, it could revolutionize the way we work.
The idea of the Metaverse has been around for years, but it is finally starting to gain momentum. As a result, it is being talked about by a wide variety of media outlets. Several tech bigwigs have been leading the conversation.