Today we will be discussing the Ethereum fighting for support at $1400 after a successful merge, will Ethereum hold the line?! Next we’ll talk about the Verizon and Meta teaming up to explore the possibilities of advancement in the metaverse, and last we’ll look at the creators of Fortnite Epic games launching its very first NFT game Blankos Block Party!
Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts Maren, RiceTVx, CryptoStache, & Crypto Keeper. Tune in for their insightful crypto analysis.
Intro music by Gregario Franco. Song – Nacht
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Is Facebook a Threat to the Metaverse?
Facebook, Microsoft and others are investing in metaverse projects. But there are concerns about the company’s intentions. While Facebook has promised to build a metaverse responsibly, critics point to problems with fake news and hate speech. The company has said it is focused on privacy and open collaboration with external firms. Its promises, however, have some in the crypto community skeptical. One prominent crypto investor, Yat Siu, has called Facebook a potential threat to the metaverse.
The’metaverse’ is a platform where users can own their own virtual land and play games for money. Some of the popular metaverses include SecondLive, Decentraland and Axie Infinity. These platforms have blockchain technology and a community of millions of users. Some popular metaverses are based on the Ethereum blockchain. In Axie Infinity, players can purchase non-fungible tokens called Axies. Axies can be built from over 500 body parts and can be bred to produce offspring. The offspring can be sold on the platform.
In a metaverse, users live in a virtual space and interact with other users through online avatars. They can move, speak and act freely, and can own virtual property. These virtual assets can be sold or exchanged for non-fungible tokens. Some metaverses are already accepting cryptocurrency as a form of payment.