What is the Metaverse? Let's go over how to Invest early into some of the top 5 crypto and NFT Metaverse projects out there IN 2022 ! Enjoy!
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The term Metaverse is the latest emerging technology, forcing Facebook’s CEO Mark Zuckerberg to change the company’;s name to Meta platforms.. Or META…..and moving forward there will be many other companies who will try to get a piece of the metaverse… we also have roblox, a semiconductor company, Nvidia, Microsoft trying to get involved.
If you're having a hard time picturing the metaverse.. well, imagine an entirely virtual universe where users can interact with the digital environment and with other users at the same time...its an augmented universe that allows you to live and work in an open environment… or in other words, The Metaverse is a nexus of physical and digital life, a new phase of the Internet in which augmented reality (AR), extended reality (XR), and virtual reality (VR) will coexist with our physical environment. Consider something like Zoom or Facetime, but instead of looking through the screen, you'll be able to see them. As a result, the world as we know it today will be drastically altered by the coming of the Metaverse. According to Bloomberg, the Metaverse's market capitalization might reach $800 billion by 2024. This demonstrates how profitable the Metaverse could be in the future… and the metaverse could bring much more millionaires and billionaires than ever before....
One of the metaverse project we will be going over is Decentraland.. MANA….Decentraland is a blockchain-based virtual reality platform that allows users to buy "LAND" OR digital real estate
And According to the Decentraland Foundation, the organization behind the technology, you can later travel through, construct on, and monetize the plots you acquire.
Decentraland is obviously one of the older ones, and the most talked about recently..., but I'm trying to emphasize one of the biggest points in the video that you’re stll very early, we’re still very early especially in the crypto Metaverse, so don't ever assume you're late. There's always plenty of time to get in in whatever way you desire, whether you just want to play or want to make some money.
But Why is Decentralland unique? It is the first and most well-known Metaverse based on the Ethereum network. MANA is your token, so it's either burned or spent to get land parcels. In an Ethereum smart contract, land is a non-fungible digital asset. There will be a limited number of land relative to all of these different worlds that are being developed right now ; worlds, galaxies, universes, alternate realities, and there will be a lot more demand once more people know about and once more companies like facebook, and microsoft start to implement the metaverse into their own platforms...
A group of developers from Argentina released Decentraland in 2016, and as mentioned earlier It is an Ethereum-based virtual game platform that allows users to create, experience, and monetise content. When playing the game, you must have LAND (1616 NFT by Decentraland) that you can use unless you sell it. Users have entire control of their land and in-game cash, which promotes transparency…So be sure to watch fully to get a full list of my top 5 Crypto and NFT metaverse projects to buy now!
00:00 Top 5 Crypto and NFT Metaverse Projects
00:37 What is the Metaverse?
02:07 Become a Millionaire
02:22 First Metaverse Altcoin
04:12 Second Metaverse Altcoin
05:51 Don't miss this!
06:30 Third Metaverse Altcoin
07:22 Don't forget about this!
07:31 Fourth Metaverse Altcoin
08:36 Fifth Metaverse Project
09:43 Getting in early!
10:21 Crypto Ponzi Schemes?
DISCLAIMER: You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based on personal experience. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment.
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