NFT innovations came at a faster pace, expanding the capabilities of blockchain technology. In the midst of this is Metaverse, which has shifted the focus of many individuals and companies involved in blockchain to a new inclination to investment. Metaverse has piqued the interest of many individuals and businesses, with Facebook rebranding itself as Metaverse to be at the forefront of this VR/AR digital infrastructure. ”Metaverse has the potential to be the ultimate equalizer of the first half of the twenty-first century by creating an actual global plaza for people to be included, integrating their physical and digital existence in an authentic hybrid experience,” says Igor Tasic, founder of Metaverse advisory firm. Metaverse, meaning a digital concept, includes the construction of an alternate universe where individuals can model their image to whatever they want to be and perform real-life tasks such as buying things, gaming with friends, and other activities, just as physics deals with the laws that govern the physical world (such as gravity or the properties of waves). Metaverse can be compared to real alternatives as you explore your time in the real world, that is, a true hybrid experience, yes not breathing but certainly vibrant. Hello and welcome to the Metaverse.
RELATIONSHIP BETWEEN METAVERSE AND CRYPTO
Should it have been said that Satoshi Nakamoto has seen the future of blockchain with nearly endless possibilities when he published blockchain technology through Bitcoin in 2008, where decentralization offered by blockchain would be the most important innovation of Metaverse? In the metaverse, crypto is set to play a pivotal role. Decentralization via cryptocurrency would allow individuals to hold digital assets, thereby propagating control and, as such, saving the Metaverse world from oligopolistic rule. Blockchain offers an avenue where every individual has a say in the decision-making and statuses of the digital world dependent on allocations held and not where two or more companies control the market as seen in oligopolistic market structures.
Continue reading: https://www.fingerlakes1.com/2021/11/22/how-metaverse-can-affect-cryptocurrency/
RELATIONSHIP BETWEEN METAVERSE AND CRYPTO
Should it have been said that Satoshi Nakamoto has seen the future of blockchain with nearly endless possibilities when he published blockchain technology through Bitcoin in 2008, where decentralization offered by blockchain would be the most important innovation of Metaverse? In the metaverse, crypto is set to play a pivotal role. Decentralization via cryptocurrency would allow individuals to hold digital assets, thereby propagating control and, as such, saving the Metaverse world from oligopolistic rule. Blockchain offers an avenue where every individual has a say in the decision-making and statuses of the digital world dependent on allocations held and not where two or more companies control the market as seen in oligopolistic market structures.
Continue reading: https://www.fingerlakes1.com/2021/11/22/how-metaverse-can-affect-cryptocurrency/
