The Metaverse
What is the Metaverse?
The idea of a persistent, online, 3D universe that combines various virtual spaces is known as the metaverse. It can be compared to the internet in the distant future. Users will be able to collaborate, interact, socialize, and play together in these 3D spaces thanks to the metaverse.
Blockchain and Metaverse
Cryptocurrency and the metaverse, which consists of virtual worlds and virtual money to use in them, seem to be related ideas. In fact, the metaverse has the potential to significantly boost the world's economy. And a significant portion of that value might be realized in cryptocurrencies. As more of us get used to using cryptocurrencies as a form of payment, this could signal that they truly enter the mainstream.
Some projects that are bridging the gap between cryptocurrency and the metaverse:
- Axie Infinity
- Decentraland
- The Sandbox
References
[1] The Motley Fool, 'The Metaverse and Crypto' (online, 2022) <https://www.fool.com/investing/stock-market/market-sectors/information-technology/metaverse-stocks/metaverse-crypto/>
[2] Binance Academy, 'What is the Metaverse?' (online, 2022) <https://academy.binance.com/en/articles/what-is-the-metaverse?utm_campaign=googleadsxacademy&utm_source=googleadwords_int&utm_medium=cpc&ref=HDYAHEES&gclid=Cj0KCQjw3eeXBhD7ARIsAHjssr8nN4mBU6B8bwGJj5ePZc1X28fMfHWKq44RsnM6MfydSoqqPQYXk5waAgtMEALw_wcB>
[3] Forbes, 'How The Metaverse Will Change Cryptocurrency
' (online, 2022) <https://www.forbes.com/sites/bernardmarr/2022/04/25/how-the-metaverse-will-change-cryptocurrency/?sh=9c5b014fe477>
