What is the Metaverse?
The metaverse is the virtual world where people can interact with each other to share and create virtual objects. It is regulated through a currency called shards, which players earn by breeding Axies and competing in matches. These shards are then used to stake for prizes and to vote on the community treasury. This virtual world is gaining traction with major corporations like Microsoft, NVIDIA, Epic Games and CryptoKitties already marketing on the platform.
Zuckerberg has described the metaverse as the next chapter in the history of the internet, a space where people can engage with each other and share ideas. It will open up new vistas of possibilities and give businesses a new way to connect to customers. With the Metaverse, businesses can create interactive experiences and connect with users based on their interests, preferences and behaviors. It will revolutionize the digital economy, making it easier for people to find and purchase products that meet their needs.
The metaverse has the potential to unlock an endless range of possibilities, but the real promise lies in the users. It will let players create in-game assets and play-to-win games where they can earn rewards through metaverse tokens. It will also make it possible for users to trade and invest in non-fungible tokens. The key is to build a secure metaverse blockchain that supports this system.