Today will be talking about USDC issuer Circle currently in negotiations with the OCC in an attempt to become a US crypto Bank. next we’ll look at Avalanche Labs having a valuation of $5.25B and what’s it mean for the crypto industry as a whole, and last we’ll discuses Elon Musk’s hostile takeover bid on social media giant Twitter.
Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts include Crypto Blood, Crypto Lifer, Steve McGarry, and Rice TVx. Tune in for their insightful crypto analysis.
Don’t forget to check out our guests’ socials!
Crypto Blood:
https://www.youtube.com/channel/UC1QFCL4wEDaAdfXQxDMgr7Q
https://twitter.com/cryptoblood_
Crypto Lifer:
https://www.youtube.com/c/CryptoLifer
https://twitter.com/CryptoLifer33
Steve McGarry:
https://www.youtube.com/c/stvmcg/featured
https://twitter.com/thestevemcgarry
RiceXTV:
https://www.youtube.com/c/RICETVx/featured
https://twitter.com/RiceTVx
Intro music by Gregario Franco. Song – Nacht
https://gregoriofranco.bandcamp.com/
Learn more about crypto ➡️ https://bitlabacademy.com
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
The Metaverse and Facebook
The Metaverse is a virtual world that allows users to create and own digital land, interact with other avatars, and earn virtual money. Blockchain-based applications such as Decentraland and Axie Infinity are popular examples of such virtual worlds. Some of these games even offer a virtual currency called the Axie Infinity Shard, which is used to play games and earn virtual money. Other popular metaverses include SecondLive and Axie Infinity. The Ethereum-based game creation system Axie Infinity features non-fungible tokens known as Axies. Axies can breed seven times and their offspring can be sold on the gaming platform.
With these technologies and the recent rise in popularity of virtual games, Facebook has joined the fray. The development of new technologies such as COVID-19 and 5G networks have accelerated the evolution of virtual collaboration. Advances in AI and other forms of virtual reality, as well as advances in edge computing have enabled ambient intelligence. Additionally, blockchain-based non-fungible tokens are transforming how we interact with the virtual world. These advances are considered the largest technological revolution since the first smartphones were introduced 15 years ago.
As technology continues to advance and the metaverse becomes more widely available, governments may also extend their reach into the metaverse. A recent plan by Barbados to open a diplomatic embassy in the online world of Decentraland shows that governments are looking into expanding their reach. Those who work for government agencies and businesses should keep these in mind as they develop their own metaverse initiatives. But there are plenty of challenges and opportunities in this new realm. There are many opportunities to create something truly unique and beneficial.