Today we take a look at a killer portfolio to put $10k into crypto.
The Metaverse and NFTs
If you are looking for a new virtual reality platform, you may be looking into the Metaverse. Metaverse is a combination of blockchain, virtual reality, augmented reality, and Web 3.0. It will allow users to jump between different platforms and do things such as buy Burberry shirts and invite friends to hang out at your house. Experts believe that the Metaverse will soon become a major economic force in the future. NFTs, or network-wide tokens, will be key to this new world.
Despite this growth, there are many risks associated with the Metaverse. According to Citi GPS, the global user base of the Metaverse is set to hit 5 billion by 2030. However, crypto enthusiasts worry that a big tech company will dominate this new environment and make it an app store for other companies, limiting its scope. Still, the industry is still in its early stages, and millions of young people are already spending hours in non-crypto virtual worlds.
While early metaverses focused on games like Minecraft, the platform is now evolving. People may join this platform to attend a work meeting, although the virtual table capability is lost in Zoom calls. Or they may wish to sign up for a virtual boxing class, or perhaps even take a VR fitness class. Regardless of how the metaverse evolves, it is certain to have a profound impact on the digital world. As soon as 2022, this virtual reality space will be accessible for everyday use.