In today’s conversation we’re talking about Web3 privacy, how centralized it can be and one’s responsibility for their digital assets and identity.
0:00 Intro
0:26 Not your keys, not your crypto
2:18 Privacy in Web3
4:21 Decentralization
8:48 Outro
Top Videos:
📓Crypto 101: https://youtu.be/AaNfHskwLdg
🏘️Housing Crisis: https://youtu.be/a51Oi34c6Jc
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💻Cyber Warfare: https://youtu.be/gubDnq8jJxI
🌍World Economic Forum: https://youtu.be/ZOOtPB1pYtE
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What is the Metaverse?
The Metaverse is a virtual world in which users can interact with other users through a variety of interactive screens. This virtual world is also a great place to interact with celebrities and to create their own “personal space.” Some players can even create a celebrity avatar and have meetings with their fans. Additionally, some Meta users will be able to sell their accessories and other items in Horizon. In the future, it’s possible to make money in the metaverse, but for now, it’s primarily an entertainment platform.
Neal Stephenson first coined the term “metaverse” in his seminal novel Snow Crash, which featured protagonists who left the “real” world to explore a virtual one. The concept has grown significantly since then, but is still an esoteric term, and many creators and users view it as an unfulfilled “aspiration.”
The future of the metaverse is largely driven by entrepreneurs. These entrepreneurs will create content, provide services, and do useful things for the metaverse. To make these businesses successful, they must figure out how to monetize their services. For example, online cinemas could issue non-fungible tokens to allow their users to watch movies for a specified amount of time. The same tokens could be used for passes to events or even planets, depending on how the business model is implemented.
The metaverse has been gaining popularity as a result of the pandemic, which has resulted in mass adoption. The tech giants are investing in companies that make a product like The Sandbox and CryptoKitties, as well as other successful businesses. In addition to these companies, major brands have become involved. The creators of Fortnite, Roblox, and The Sandbox have all invested in this new virtual world. Some of the biggest names in the gaming industry have even created digital accessories that are stepping stones to the metaverse.
