Today we will be discussing the recent 10 week low in Bitcoin price as the DXY continues to rally, what is next for markets?! Next we’ll talk about the FBI looking for help from US citizens to identify hackers in a new #stopransomware campaign, and last we’ll look at the top daily movers on Coinbase, what is behind the projects and where could price action be headed?
Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts Piano Matty B, Altcoin Daily, Tim Warren, & Tom Crown. Tune in for their insightful crypto analysis.
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Facebook and the Metaverse
The Metaverse is an online space where people create, own, and trade virtual properties. They use their online avatars to communicate and interact with other users. These virtual properties are monetized in various ways, including the use of non-fungible tokens. The tokens can be used to purchase virtual property, sell it, or exchange it for non-fungible tokens.
Facebook has been one of the companies that have taken a dive into the concept of the metaverse, renaming their popular social network “Meta.” The company is not alone in its interest in this new version of the Internet, and many others are following suit. While no one company can claim ownership of this new digital space, companies will have a role in designing it and building its infrastructure.
Many brands have invested in the Metaverse, and they’re building in-house marketplaces and NFTs to reward users. They’ve developed in-game collectibles and trading cards, and some even have virtual lands. Blockchain technologies are also being used to create new ways to transact in the metaverse. A company called The Sandbox is using cryptocurrency to power its metaverse.
Among the many new technologies used in the Metaverse are virtual reality, artificial intelligence, and augmented reality. These technologies improve digital content and avatar creation, and artificial intelligence also builds digital humans as NPCs. Additionally, these technologies help ensure security and multi-language services.