Metaverse 2022: The future of the internet

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Metaverse 2022: The future of the internet

Recently, the Metaverse topic has been discussed a lot. The metaverse, in its broadest meaning, may refer to anything on the Internet, including all of augmented reality's offerings. Virtual space of the future describes as Metaverse, provides access to all kinds of entertainment and projects - including the opportunity to work; as you may know, Facebook recently came up with the implementation of this idea.
The cryptocurrency industry is developing dynamically. We can observe a growing interest in the cryptocurrency market. Some countries even decided to adopt Bitcoin as a legal tender. It means that crypto is taking up the world.
The crypto metaverse can be a huge opportunity for the crypto market. In an open, decentralized virtual reality world cryptocurrencies and NFT could gain even more followers.

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article 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 avatarBrian Abbott

Land and Property Sourcer

What do you think about the Metaverse concept?

Personally, 'The Metaverse' is something that I probably will not participate in, but from an investment potential point of view, I am very interested, as I believe that it is on the cusp of exploding. The concept seems strange to me, for example, buying real estate in a virtual world. Gaming is massive, but again, this holds no interest for me, apart from the investment angle. I believe that this arena can only get bigger

How Metaverse could affect the crypto market?

The Metaverse and crypto will inevitably work hand in hand, just look at ECOMI and its VEVE platform. Crypto usage as a consequence will become more ubiquitous and Metaverse related Crypto will rise in value tremendously.

Will crypto be a significant part of Metaverse? Why?

Crypto will be a significant part of the Metaverse in my opinion. Coincidentally, I watched a video today, which featured 3 different gaming companies which offered their products for free, yet each of those companies were worth over a billion dollars. Even though they were free to use, their clients used their tokens for the likes of avatar enhancements etcetera.

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

Apart from Ecomi's VEVE project previously mentioned, Decentraland. Its community can buy virtual land and they have control over it. Decentraland's tokens (MANA) must be used to purchase land and the land becomes a unique asset.

article avatarBatang Riles Riles

Crypto & Happy

What do you think about the Metaverse concept?

to me metaverse is a big giant network rooted to different branch in crypto and cyber space. it has so many potential and opportunity to help and contribute to technology and everyday lives of the people, but there is a big downside also for this, its about the data of the people who can be steal or can be use in other purpose, even if its decentralized, data from the server of the company can be steal, another downside of this is for the people who dont want to use it will be force to make an account for the cyber space and metaverse, if you dont have it, you cannot trade buy nor sell if metaverse will be mandatory implemented in all countries. in general, metaverse is inevitable and no one cant stop it. its the future..

How Metaverse could affect the crypto market?

metaverse could affect the market by means of blockchain and crypto currency, like i said earlier, if metaverse is mandatory, no one cannot buy or sell nor trade without an account from blockchain, it can affect way of living, in every way like food, transportation, jobs, education, and even religion. the best part of this is fast transaction, transparency, legitimate transaction and patent code.

Will crypto be a significant part of Metaverse? Why?

yes, crypto will be significant of metaverse in a way of remitance, trading, buy and sell by using of crypto currency with lightning speed and transparency

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

i think its mars4 who said on planning for metaverse also. buy analysing other planet beside earth and make an interconnected details and data for metaverse, using data to make a new environment via virtual world using blockchain, nft, cypto currency, games, iot internet of things.

article avatarFadhil Sulaiman

Profesional

What do you think about the Metaverse concept?

the concept of metaverse is very good in the digital era which is indispensable both in technology and in the economy, everything can be done virtually, virtual metaverse will be needed in the future

How Metaverse could affect the crypto market?

metaverse will make everything easier both in terms of economics, crypto miners, crypto transactions will be easier to carry out quickly and efficiently

Will crypto be a significant part of Metaverse? Why?

metaverse will be very influential in terms of crypto because it will make everything easy and very efficient, metaverse will be very helpful in crypto transactions

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

metaverse may be real but all things will be made in this world to be virtual maybe with ease and efficiency will be used but not everything will be done virtual, gamebrott also make metaverse, everything can happen in this world

article avatarLeonard Caldwell

MSP/IT

What do you think about the Metaverse concept?

The Metaverse Concept is a digital reality combining social media, online gaming, augmented reality (AR), virtual reality (VR), and cryptocurrencies to allow users to interact virtually. Virtual Reality enhances fictional realities. I believe, just like in "Ready, Player one", this will be the place where we congregate - to our own demise. With that said, it will be an enriching experience, full of super-powers and extreme imaginations.

How Metaverse could affect the crypto market?

The Crypto markets will explode & grow even more than it has to this point. New concepts of reality-meta crossovers we cannot imagine will come into creation.

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

Decentraland (MANA), a gaming platform that works with the use of non-fungible tokens and smart contracts. The Sandbox (SAND), a gaming platform built on Ethereum, it gives gamers and investors an offers to do both gaming and trading. Axie Infinity (AXS), an NFT gaming metaverse that deals with breeding virtual pets. Enjin Coin (ENJ), a blockchain-based online support community, supporting the development and trade of NFTs. Aavegotchi (GHST), also known as Metaverse Litepaper, is an Ethereum-based NFT gaming project.

article avatarRicky Setyawan

TEKNIK KELISTRIKAN

What do you think about the Metaverse concept?

metaverse technology in my opinion will be very useful and popular in the future Since the metaverse can be connected to anything on the internet it will be a distinct advantage for Cryptocurrencies. because now everyone in the world uses the internet, this will make it easier for Cryptocurrencies to introduce themselves, and it will be easier to attract people's attention

How Metaverse could affect the crypto market?

of course because the metaverse covers everything on the internet, of course this will affect crypto because more people will get to know crypto and the metaverse itself

Will crypto be a significant part of Metaverse? Why?

because the metaverse itself is a network created through the increasing popularity of Cryptocurrencies Metaverse itself has the advantages that Cryptocurrencies need and vice versa

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

Some of the big projects that build the metaverse that I know of are Microsoft, Amazon, Apel, Planet SandBox, Pocket Arena, Good Games Guild, The KillBox, Rokosoft, Bemil, Faraland,

article avatarJohanan Orok

Engineering Technologist

What do you think about the Metaverse concept?

I think there is still a long way to go on Metaverse concept acceptance in the broad feild. First we have to think of how profitable it will be for the general populace. How will it be beneficial, can it be used for gaming? Will it be blended with NFT. How does it affect the average Crypto user. I'm concerned about Facebook interest in this as Facebook appears to me as a means of control, the very concept that the origin of blockchain was against

How Metaverse could affect the crypto market?

I see it only being used in NFTs . Used in gaming, online gaming, online interaction and Linking. Interaction with others through the internet in a more personal way

Will crypto be a significant part of Metaverse? Why?

Yes and No. Yes, if the current social networks decides to start accepting payments in crypto and if the banking industry accept payment in Crypto. No if a lot of person cannot accept what the Metaverse concept cannot be put into simple use and appreciation

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

My very first hearing of the word was from Facebook. I'm still researching on it. Then looking forward to projects that will apply simple uses that can easily be understood by a crypto newbie

article avatarAbegail Prado

Teacher

What do you think about the Metaverse concept?

Metaverse concept in a real virtual happenings in online world. It is a great concept especially nowadays that the contact between people are very far since the Covid 19 and other variants spread. The Metaverse concept is very great that even the people can interact and much good, the income can be also find in the online world that through internet and technology we can integrate online and physical events and happenings

How Metaverse could affect the crypto market?

Metaverse can greatly affect the market. This will definitely makes the market bull run as any other people can be more interested in online and the demand would increase and the market will fluctuate. The higher the chance that the market will goes uptrend since the demand is increasing too. The law states that the higher the demand, the lower the stock , thus, the price will go up.

Will crypto be a significant part of Metaverse? Why?

Ofcourse, since many developers even in games and Apps, they are now in tp crypto since people are more likely to invest in crypto nowadys.because as the time passess the price is hoing higher and higher that maturated by time. Like for example , the BItcoin which has the greatest marketcap on all crypto . Thus, this will lead to be the inspiration especially the investors to hold and multiply their money as the time is moving

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

The intereseting projects that I know in metaverse is the play to earn which greatly affect the lives of many especially this pandemic. Because of the Play to Earn Games, more people are interested to earn too, much more as it was features with different social media influencers. It is very interesting as it was not just we enjoy as we are staying at home but rather, we get income from them as we give traffic to their sites. Its just like give and take that both parties are profiting

article avatarKripto Man

Cryptocurrency & DeFi Expert

How Metaverse could affect the crypto market?

Metaverse will let crypto market increase due to its capacity allowing users to spent, own, and trade assets easily and more active. that is a plus

Will crypto be a significant part of Metaverse? Why?

Yes, it will of course. I think so because metaverse platforms are going to create new market areas for crypto users to interact freely without the need of and current exchanges.

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

I am currenctly looking into bit county metaverse that is going to be released on Kusama and polkadıt. Polkadot and its EVM compatibility makes me beleive metaverse concept to be adopted by community faster and cheaper.

article avatarGerhard Schoosleitner Schoosleitner

Fitter

What do you think about the Metaverse concept?

Very complex and interesting. Fundamental and an important cornerstone for the digital future. My Opinion: The increase in value will crystallize within the next five years.

How Metaverse could affect the crypto market?

I think that is still difficult to determine at the moment, but development is progressing very quickly. The Metaverse will solve the question of whether the central platform economy will gain the upper hand or the decentralized alternative offers.

Will crypto be a significant part of Metaverse? Why?

A definite yes, in my opinion. Copy protection or the imitation of existing tokens is not possible within the blockchain of a currency. Each block of a crypto is linked to the previous and the next. Safety comes first and can therefore be expanded upon.

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

For example the Decentraland NFT. In which you can acquire and trade digital properties via NFT. Thus, the concept of social tokens could also benefit from the metaverse. Where to find the tokenization of personal and social interaction. So different types of tokens, such as payment, utility or NFT.

Summary

Did you see "Ready Player One"? The universe presented in the movie may be our future. The Metaverse idea is a virtual world that mixes social media, online gaming, augmented reality (AR), virtual reality (VR), and cryptocurrencies to enable people to interact virtually with each other. This concept is a great step forward. It's going to allow us to augment everyday life in ways we can't imagine yet.
The future of the Metaverse and cryptocurrency is bright. The Crypto markets will only continue to develop and grow at this rate. New concepts of meta-reality crossovers that we can't even fathom will be created. It will influence people's everyday life, including transportation, jobs, education, food, and even religion.

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

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