cryptocurrency: Metaverse 2022: The future of the internet

cryptocurrency: Metaverse 2022: The future of the internet

< Show Wisdom Collection: Metaverse 2022: The future of the internetarticle avatarJon Courtney

Educator, minister, council.

What do you think about the Metaverse concept?

The Metaverse concept is a great step forward. It's going to allow us to augment everyday life in ways we can't imagine yet. For the time being it's just going to be found in just a few sites, until there is a chain which connects everything. From the social media prospective, it's going to hand over the power to craft NFT tokens to the major industry, taking the power from the users. It's a new way to monetize information. Rather than a platform like "Facebook" dictate who owns the NFTs via user agreements, my hope is that users will figure out how to mint their own. If whatever replaces Facebook owns your posts via an NFT, they now own it across all platforms. Since NFTs are legally binding. There will be a lot of growing pains in the world, until regulations begin to take shape. Ultimately, cross platform NFT, and cryptocurrency unification is the goal of these large tech companies. Governments of the world especially will enjoy the power they bring, since nothing can ever be deleted from the chain once it's added. No matter which chain you use, they will have a record of you using it.

How Metaverse could affect the crypto market?

The Metaverse is going to shake up the crypto market once it's established. It's going to make it harder for hiding currencies in the "off-shore" accounts that we hear so many talk about. Mostly though, the governments of the world will use it as a tool of repression, since again, everything added to the chain can never be deleted. They will use it to track citizens. This is going to dissuade many users away from the market that are not being honest.

Will crypto be a significant part of Metaverse? Why?

The Metaverse is always going to rely heavily on crypto. As they say you can't drive your car on air, you need gas. It's going to take tokens to create NFTs to be used within the metaverse. Facebook had already begun research into this when they established the libra tokens. Then they mothballed them because government concerns didn't back them, or offer guidance for regulation. It seems now they will be bringing something similar back. The timing strikes me as odd, as just a few months ago most exchanges and wallets gave users warning that if they didn't put the tokens into a private wallet they would be lost forever. To me that means they burnt a large supply of tokens. However, I very well could be wrong and we might see something new.

What interesting projects in the Metaverse area do you know? (besides Facebook)

I know of dapper labs, creator of NBA top shot. They have their fingers in some of the first start ups such as crypto kitties. Upland is another one of the games which allows for importing other wallets into the game, Polkadot has their own system in the works, and what I'm really paying attention to is the Polygon network. MATIC tokens are fairly cheap, and practically have no fees compared to other platforms, that will open the door for many other developers, whether they are single users, or a fully staffed team building games and applications. Pipeflare is currently in the works of finalizing their network. The sandbox network will most likely benefit the most from the metaverse taking off. Perhaps Roblox too. Soon we'll get a better understanding of where the roadmap is taking us. It can be hard to speculate, but I try to examine the big picture. Once all of these chains can be tied together it won't matter. That's the biggest hurdle for all the projects I've seen.

article avatarESMAEL DE GUZMAN

Technician/Trader

What do you think about the Metaverse concept?

I think Metaverse concept is digital. A reality, combining of social media, online gaming and of course cryptocurrency to users to act and interact in virtual in the world wide web

How Metaverse could affect the crypto market?

In this digital era, Metaverse is easy to adopt in the cyrptocurrency world. Almost users social media but no benefits. By interacting Metaverse in digital world including social media and Play 2 earn it could be positive effect in crypto market.

Will crypto be a significant part of Metaverse? Why?

I think its very significant. You using Metaverse and earning. Everyone will be aware in crypto currency world. By integrating metaverse in crypto.

What interesting projects in the Metaverse area do you know? (besides Facebook)

Since early 2021. I interested the UHIVE platform. Just like facebook, you can watch videos, upload pictures image videos drop comments. The more time you using the platform the more UHIVE token you earn. Hopefully it will be fully swing operation on the end of this year.

article avatarHabib Akinola

Crypto investor

What do you think about the Metaverse concept?

I think the Metaverse concept is a sign of the manifestation of the idea of cryptocurrency in the first instance and to show it now applies to us in our daily lives. I'd say it's finally coming to a limelight.

How Metaverse could affect the crypto market?

In a lot of ways; starting with the fact that a lot of investors would then key into the crypto space, then prices of crypto assets will shoot up, no doubt. Then a lot of challenges we've battled in the past will have developers that will create solutions to battle them knowing that there are some crypto armies willing to support their projects as long as its a solution to better the lives of mankind

Will crypto be a significant part of Metaverse? Why?

Crypto is bringing Metaverse out in the first instance. It'll definitely make a significant part of the Metaverse because the crypto space is where we will have the early adopters

What interesting projects in the Metaverse area do you know? (besides Facebook)

Axs is an interesting one axie infinity. At least all crypto enthusiast saw the way the price of axie infinity skyrocketed within few months.

article avatarEbenezer Oyeodini

Crypto Blockchain Technology expert from Port Harcourt, Nigeria

What do you think about the Metaverse concept?

Metaverse is a great and amazing concept that will revolutionized the crypto world of business. I think it will actually change the way we do things on the internet. Metaverse will help increase the adoption of cryptocurrency in the financial ecosystem. In fact Metaverse is really the future of internet in 2022!

How Metaverse could affect the crypto market?

Metaverse could create a positive impact in the crypto market by increasing the rate of adoption of cryptocurrencies in our business environment.

Will crypto be a significant part of Metaverse? Why?

I think crypto is the engine room of Metaverse. Its operation is based on the adoption of crypto. I think crypto is a very much significant part of Metaverse

What interesting projects in the Metaverse area do you know? (besides Facebook)

Interesting projects of Metaverse area that i know include the following ; Starlink, Axie infinity, The sandbox, Decentraland, Aevegotchi, Enjin coin, Acknoledger etc

article avatarAdedamola Adeyemi

Laboratory technologist

What do you think about the Metaverse concept?

The Metaverse concept is a type of technology that is somehow present today . It's a type of technology that has come to stay. There would be improvement in the coming years.

How Metaverse could affect the crypto market?

We have cryptocurrency category of Artificial intelligence that's somehow related to the Metaverse, which has somehow contributed to the market cap we have today. More users, investment is equal to more money yielded.

Will crypto be a significant part of Metaverse? Why?

Yes. For example, we now have NFTs. Few years ago, there was nothing like NFT but now we have them ( a way of digitalizing physical assets). We should definitely expect more NFTs or even a better way of digitalizing assets when the Metaverse is finally out and running.

What interesting projects in the Metaverse area do you know? (besides Facebook)

I'm fully aware of projects like Sandbox, axie and other projects that are in the Metaverse area. These projects are associated with games and NFTs. You can own animals, buy and sell.

article avatarLuis del Valle Ruiz Ortega

technical in PC and internet

What do you think about the Metaverse concept?

It is unstoppable, from now on and forever, as time passes, its growth and interest will be much faster because it will be a world trend ...

How Metaverse could affect the crypto market?

It affects many aspects, including the social, but its most important aspect is the economic. Everything turns in that direction without forgetting new projects and new technology.

Will crypto be a significant part of Metaverse? Why?

It may be because the interest of the users cease to be important or because the number of projects are not suitable in itself to the ideal model.

What interesting projects in the Metaverse area do you know? (besides Facebook)

Games, books, help society, security, life, cryptocurrency, financial markets, news, farmer, users identity, writers, travels, Global Worlds, instagram, WhatsApp, Reddit.

article avatarBreezy Bethel

Êçøñómïst| ßrõkër| Øñliñe Ãffïlíãtê Màrkétèr| ```Têçhñîçål Ēñgìñêēr| Jümïã Sãlës Çôñsültāñt*

What do you think about the Metaverse concept?

Its a very nice concept. I have been waiting. 2022 it is. Lots of metaverse talks. It is a stepping stone towards global Decentralization. Powered by blockchain technology, metaverse platforms allow people to build, own and trade decentralized digital assets using cryptocurrency and non-fungible tokens (NFTs). In simpler terms, the metaverse helps to connect our physical world to our fabricated extensions of reality, that is, the virtual world.

What interesting projects in the Metaverse area do you know? (besides Facebook)

Gala Games, Timestope, Sandbox, Upland, Alice My Neighbor. Powered by blockchain technology, metaverse platforms allow people to build, own and trade decentralized digital assets using cryptocurrency and non-fungible tokens (NFTs). In simpler terms, the metaverse helps to connect our physical world to our fabricated extensions of reality, that is, the virtual world.

article avatarOleksandr Gutsol

Lawyer, international relations expert

What do you think about the Metaverse concept?

It is interesting. According to Wikipedia: "The word "Metaverse" is made up of the prefix "meta" (meaning beyond) and the stem "verse" (a back-formation from "universe"); the term is typically used to describe the concept of a future iteration of the Internet, made up of persistent, shared, 3D virtual spaces linked into a perceived virtual universe.[1] The metaverse in a broader sense may not only refer to virtual worlds, but Internet as a whole, including the entire spectrum of augmented reality.[2]"

How Metaverse could affect the crypto market?

According to Nadaq.com: "When technology changes our lives, it’s not often by surprise. The internet, the smartphone and the cloud, to name a few, all arrived to the world preceded by a presence in science-fiction. It’s likely that the “next big thing” of the digital age is about to arrive, and with it the potential to change everyday life. It’s called “the metaverse.”"

Will crypto be a significant part of Metaverse? Why?

According to coindesk.com: "Behind the scene of the metaverse will be a demand to deliver permissionless identity, financial services and high-speed exchange. Data will have to be stored and served to millions if not billions of people. The answer to these problems lies in the technology of cryptocurrency."

What interesting projects in the Metaverse area do you know? (besides Facebook)

According to coindesk.com:"No one person or company can have control over the metaverse, but the usual suspects of the tech world are already staking their claim on the future of the space. Google, Microsoft, Samsung and Sony have joined Facebook in the XR Association, a consortium of tech companies aiming to shape the future of “experiential reality.” Gaming is ahead of other metaverse technology in many aspects and could continue pioneering the space. "

article avatarLim Chin Hwa

Owner

How Metaverse could affect the crypto market?

Metaverse refers to shared virtual worlds where land, buildings, avatars and even names can be bought and sold, often using cryptocurrency. In these environments, people can wander around with friends, visit buildings, buy goods and services, and attend events. At the end, it brings benefits and good profit into crypto market.

Will crypto be a significant part of Metaverse? Why?

Crypto be a significant part of metaverse as it is decentralized. While many virtual worlds exist online, users currently can't move between them while retaining their identities and assets. The eventual metaverse could solve this problem, turning disparate online worlds into a single, seamless entity. It has even been dubbed the next evolution of the internet.

What interesting projects in the Metaverse area do you know? (besides Facebook)

Purchase virtual land on the exact copy of earth is one of the interesting projects in the Metaverse area. Landowners can create their own collectible portfolio, stake tokens and earn stake rewards.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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