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The American venture capitalist and billionaire investor, Tim Draper, is still confident in his Bitcoin prediction that says the crypto asset will tap $250K per BTC. Draper said in April 2018, at the Draper University blockchain party, that he predicted: “$250K by 2022.” At this year’s Web Summit 2022 event, Draper said he “extended” his forecast “by six months,” as he now predicts Bitcoin will tap that price range “by mid-2023.”
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Show Notes / Crypto News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3FON37W
✔ Bitcoin Primed for Imminent Rally: https://bit.ly/3NAzI4X
✔ Polygon (MATIC) Analysis: https://bit.ly/3h6VbpL
✔ Dogecoin Analysis: https://bit.ly/3UappH4
✔ SEC Seeks More Time Against XRP: https://bit.ly/3U6Eycp
✔ Tim Draper $250K Bitcoin Prediction: https://bit.ly/3t1KveN
Welcome Music Credit:
Track: The Salad That Time Forgot
Music by Slip.stream: https://slip.stream/tracks/df5c95d2-135b-4f2c-b820-bcdb06b5cf3e
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
#bitcoin #crypto #btc #bitcoinnews
Investing in the Metaverse
The concept of metaverse technology has sparked huge interest from investors. Various big tech firms have invested billions of dollars in metaverse projects. In 2021, sales of digital property in the metaverse will reach $500 million. Though still a small slice of the overall real estate market, these investments have the potential for a long-term growth. With the promise of profiting from virtual scarcity and rent payments, investors are hopeful the metaverse will offer a way to make money on digital properties.
The metaverse allows users to own virtual land through blockchain-based apps. The players can then use these virtual lands to engage in various activities and earn real-world currency. Popular metaverses include Decentraland, Axie Infinity, and SecondLive. These platforms are based on Ethereum’s blockchain. These apps have introduced non-fungible tokens known as axies, which allow users to build avatars with over 500 body components. In addition to being able to use these tokens to pay for virtual goods and services, users can also breed them with other Axies, allowing them to produce offspring that can be sold for real-world money.
The term’metaverse’ was coined by writer Neal Stephenson in 1992. It is derived from two words, “meta” meaning beyond, and “stem” meaning universe. The idea is to create a virtual reality where people can create avatars, hang out, play games, and browse the web. While the idea is exciting, no consensus has been reached on what exactly the Metaverse should look like.
