Cleaning up your portfolio can be a difficult task, in this video, I share a few of the coins to dump as we try and consolidate our holdings. Stay tuned for more tips on how to manage your crypto portfolio.
Here are some of the tokens that I’ve dumped. Watch my full portfolio breakdown: https://www.youtube.com/watch?v=EGIt376FwoE&t=1s
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Facebook and the Metaverse
The term “metaverse” was coined by science fiction author Neal Stephenson in 1994 with the release of his novel Snow Crash. The metaverse is a type of virtual world where millions of people can interact with each other. It was originally meant to describe a game, but has since become more widespread due to the popularity of MMORPGs such as Fortnite. Another popular example is the game Minecraft, an NFT-based environment.
In the early stages of the metaverse, it is likely to be a series of competing platforms and fragmented services. Some predict that it will eventually evolve into a new standard for email protocols. The internet already exists as a battleground of competing software ecosystems and standards. This may be a major reason for Microsoft’s recent focus on digital twins for the metaverse. But is this really the right move? Perhaps we should wait for a more mature metaverse before deciding how to proceed.
Facebook has also faced criticism in the past regarding security and privacy issues, largely due to hate speech and fake news. While the company has repeatedly claimed that it would responsibly build the metaverse, some in the crypto community remain skeptical. Indeed, Yat Siu has called the company a threat to the metaverse. Its popularity has led to a number of larger companies entering the market and launching their own games in the platform. If these concerns aren’t addressed soon, the platform may become a failure.