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What You Need To Know Before You Invest In Metaverse! by great464: 11:49pm On Nov 09, 2021
Metaverse, Metaverse – a shared augmented/virtual internet of realities that will keep us all connected and allow us to experience new things together. Recently, Facebook changed its name to Meta in order to emphasize its focus on the metaverse.

The term Metaverse is frequently used to refer to the concept of a virtual space capable of generating a new Internet through the use of 3D virtual and augmented spectrum.

As such, a crypto metaverse is a fully immersive virtual world powered by blockchain technology and cryptocurrency.

Numerous ubiquitous technologies are at work in the metaverse’s creations, including blockchain networking, crypto networks, cryptocurrencies such as Bitcoin and Ethereum, extended reality, mixed reality, including augmented and virtual reality (AR/VR), and non-fungible tokens (NFT).

Now, cryptocurrency and blockchain technology serve as the best examples of a living Metaverse. Companies such as Facebook, Epic Games, Roblox, Fortnite, and Minecraft, among others, are developing metaverse technology that enables the virtual world. Decentraland is a virtual world powered by Ethereum in which users can interact, explore, and play games with one another.

Additionally, it enables you to purchase virtual lands, create your own environments, applications, and marketplace. The best example of a metaverse blockchain project is Decentaraland. It is a decentralized 3D virtual reality platform based on the Ethereum blockchain.

Source: https://uncleblockchain.com/what-is-metaverse/

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