Money in the Metaverse: The Money-verse
While cryptocurrencies are fungible, meaning that any two tokens are interchangeable, NFTs are not, allowing any item created, purchased, or sold online to exist as a unique entry on the blockchain where ownership is verified.
Mark Zuckerberg hopes that by the end of the decade, billions of people will have joined his version. Platforms like Axie Infinity envision a “future where work and play merge.” Businesses betting on the concept hope to incorporate everyday life into the Metaverse, a world of virtual reality hubs where users interact with virtual environments using smartphones and visors. Following …Read more