One Portfolio strategy could be to accumulate a couple of the top players in each sector of the crypto space: “currencies,” “smart contracts,” “DeFi,” “Metaverse,” etc. If you think Sandbox has the potential to be the number 1 Metaverse through the next cycle, then it certainly has a place in your portfolio!
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Mark Zuckerberg Joins Crayta Creators to Rebuild Campus Courtyard
The company’s founder Mark Zuckerberg has joined Crayta creators in-game to rebuild Meta’s campus courtyard. During the event, Zuckerberg discussed his long-term vision for the game’s creator ecosystem, including the growing category of gaming creators who are world builders. He also addressed the implications of Facebook Gaming’s cloud infrastructure for delivering virtual world experiences. The company also worked with Rus Dooley and DryCoast & Kay on the project.
Many companies, including Microsoft, NVIDIA, and Epic Games, have announced plans to explore the metaverse. Meanwhile, VISA bought the first NFT for $150,000 and Coca-Cola has started selling virtual tokens in-game. While it is too early to judge the future of the Metaverse, companies like Microsoft, NVIDIA, and Epic Games have shown interest in the technology. But it will be interesting to see how the concept evolves.
In the near future, you will have the ability to experience the world as if you were there. In the metaverse, you will inhabit your own virtual space, where you can freely move around and interact with others using your own avatar. In addition to virtual space, you can own virtual property and sell it or exchange it for non-fungible tokens. With the rise of VR and mixed reality, the future of gaming is at our fingertips. This means that Facebook, Google, and others can start building their metaverses to take advantage of the potential of the emerging technology.
The cryptocurrency that powers the Metaverse could serve as a universal currency that can be used for all kinds of services and applications. It would be like the proprietary currencies found in online games, like Roblox’s Robux. The blockchain would provide transparency and immutability, ensuring that the Metaverse is free from artificial value inflation. This currency could become a major driver of innovation and growth in the industry. And in addition to being an excellent way to promote social interaction, it will also provide a secure environment for online gaming.