nfts: Metaverse 2022: The future of the internet

nfts: 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 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.

Will crypto be a significant part of Metaverse? Why?

Crypto will definitely be a part of the Metaverse - for rewards, transactions, and verifications. There is no way they will be mutually exclusive.

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 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 avatarIdika Ezinne

Teacher/entrepreneur /crypto enthusiast

What do you think about the Metaverse concept?

It's an excellent concept especially as the internet space and crypto is evolving. The metaverse provides all manner of information on the internet and crypto world both visual and audio,so it's a welcome development in the right path.

How Metaverse could affect the crypto market?

The metaverse will affect crypto positively especially in the area of creating NFTs. It's going to bring together both creators and collectors of NFTs together and also new and upcoming crypto projects.

Will crypto be a significant part of Metaverse? Why?

Yes. I think crypto will be a significant part of metaverse because metaverse is just evolving and new crypto projects are just springing up everyday,so metaverse will serve as a springboard for them.

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

There are so many interesting projects in the metaverse area which includes Uhive, planetsandbox(a recently launched 3D game),Pocket Arena,Good Games Guild, The killbox and Rokosoft to mention but a few.

article avatarbright blaze

tech enthusiast

What do you think about the Metaverse concept?

The concept of the crypt metaverse can be a huge chance for the crypto market. In an open, decentralized virtual reality world cryptocurrencies and NFT could gain even more followers and serve a bridge between artists and artistic lovers

article avatarEric Crawford

CEO

What do you think about the Metaverse concept?

The metaverse is an important step in the evolution of our technology. It combines creative, immersive space with blockchain technology. This permits the development of an immersive digital world secured by the free market on an open ledger. This could become a critical aspect of a decentralized economy by shifting consolidation points on the free market. The metaverse offers the most potential for depth of experience in gameplay, informational briefings, or virtual assembly.

How Metaverse could affect the crypto market?

The metaverse demonstrates the versatility of the crypto market. It’s not just about supporting your favorite network by its moral and ethical values. It alters the trajectory by offering exclusive sensory immersion experience.

Will crypto be a significant part of Metaverse? Why?

Crypto will be a significant part of the metaverse because of how crypto is trustless. It will be the main conduit for metaverse market action.

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

Starlink is building NFTs for space travel and transport. I think buying satellites is a really unique opportunity that not everyone in the real world can afford. Dexioprotocol is a decentralized gaming system that lets people use the metaverse and augmented reality to play games together.

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 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.

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

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