XRP News! (America Votes YES On Crypto)

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In your nightly crypto news wrap-up, we bring you the top crypto stories. New NFT mints on an old favorite blockchain; will big oil enter crypto?; and 52% of American voters agree on THIS.

What We Discuss:
0:00 Intro
0:15 NFTs on XRP
1:46 Market Watch
3:53 Big Oil Mines Bitcoin
5:03 Voters Want Crypto

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The Metaverse – A Virtual World Where People Can Interact and Collaborate

The Metaverse is a virtual world where people can interact and collaborate with others. It will be accessible through mobile devices, desktop computers, virtual reality headsets, and wristbands. It will allow millions of users to work, play, and collaborate with one another. Many companies have already started working on this concept. Epic Games recently announced that it has raised $1 billion in funding and will launch its virtual reality game in April 2021.

Blockchain-based apps in the Metaverse enable users to own virtual land and earn revenue. The virtual land is divided into “bloks,” or “blocks,” which users can purchase and sell with their BLOK currency. Several popular Metaverses, such as Decentraland, Axie Infinity, and SecondLive, use blockchain-based technology. Among them, Axie Infinity is built on the Ethereum blockchain. Users can purchase Axies, which are non-fungible tokens. The Axies can be bred with each other up to seven times, and the offspring can be sold on the gaming platform.

Citi GPS has forecast that the Metaverse will have 5 billion users by 2030. However, it warns that the digital world has many dark sides, such as money laundering, counterfeit NFTs, and trading scams. Although there are many advantages for big firms investing in the Metaverse, it is important to remember the risks. Regulatory uncertainty, data privacy, and currency volatility are all risks that should be considered.

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