The METAVERSE Is Coming and It Will Be HUGE

The METAVERSE Is Coming and It Will Be HUGE
фото показано с : bitcoinist.com

2021-11-22 19:50

Imagine a world where you can exist as a digital representation of yourself or an ‘Avatar’? Imagine being able to see, and do things within this world, that you cannot do in the real world?

And, imagine doing all of these things from the comfort of your living room?

Welcome to the METAVERSE – alternative digital realities where people can work, play, trade, and socialize.

It’s coming and the possibilities are in a word, ENDLESS.

Wikipedia defines ‘the Metaverse’ as “a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the Internet.”

Although a challenge to describe, there is no shortage of interest in the METAVERSE.

In the news this week, Facebook also rebranded the entire company to META, giving us an idea of just how big the METAVERSE will become.  With all of these developments taking place, let’s take a closer look into 3 of the GameFi and META games coming along as the METAVERSE begins to grow.

THE SANDBOX

The Sandbox is a virtual gaming world, where players are able to create, build, trade, own, and monetise their gaming within the Ethereum Blockchain. The aim is to provide gamers with actual ownership of in-game items as NFTs (non-fungible tokens) and reward them for their playtime and participation within the games ecosystem – contrary to existing game makers like Minecraft and Roblox.

$SAND is the currency of THE SANDBOX and is used for all transactions. It allows users access to the platform, enables them to play games, stake (if desired), and earn rewards. $SAND token is currently listed on over 20 exchanges, with the most well-known being; Crypto.com, Bittrex, and Kraken amongst others.

The Sandbox is currently one of the top 5 Metaverse projects representing approximately 7% of the sector.

https://www.sandbox.game/en/

AXIE INFINITY

In short, Axie Infinity is a Pokemon-inspired game based on the blockchain, where players can battle other players and earn money.

Axies are unique digital assets stored on Axie’s’ own blockchain and owned in the form of an NFT. The most expensive Axie sold to date was for 300 ETH (Ethereum).  To create a new Axie, existing Axie owners must “breed” them by spending in-game currency earned within the game or purchased from an exchange. By winning battles, or selling their Axies to another player, owners can earn the in-game currency. Any earnings can then be sold or traded on the open market for money, generating income for players.

Released in March 2018, Axie was one of the first to combine Crypto, Play To Earn, NFT’s, and METAVERSE and it continues to grow with a total trading volume that exceeds $2.4 billion.

https://axieinfinity.com

JEDSTAR

JEDSTAR is a fairly new project, launching in August 2021.  It’s a 3 token, decentralized ecosystem; which consists of $JED, a DeFi token, $KRED, a GameFi token, and $ZED, a Governance token.  They will also launch AGORA – an NFT marketplace where players can buy, sell and trade their in-game NFTs.

The first token launched was the DeFi token $JED in August 2021 and the second token $KRED will be the in-game currency and the currency for the AGORA NFT Marketplace which will be launching in November 2021. $ZED, the governance token, will be launching sometime after that, possibly early 2022.

Also in development at JEDSTAR is a DCCG (Digital Collectible Card Game) which is under construction at Frag Games and a Massively Multiplayer Online Role-Playing Game (MMORPG) both games will use $KRED as the in-game currency. They also have a partnership with SkillGaming for the upcoming STARDOME which will also use $KRED as its in-game currency but this partnership will also enable players to easily convert their fiat currency into $KRED facilitating an easier way for people to access cryptocurrency, therefore, helping mass adoption of cryptocurrency in general.

https://jedstar.app/

 

Image: Pixabay

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

LALA World (LALA) на Currencies.ru

$ 0.0004568 (+0.76%)
Объем 24H $0
Изменеия 24h: 5.17 %, 7d: 9.44 %
Cегодня L: $0.0004568 - H: $0.0004568
Капитализация $113.883k Rank 1808
Доступно / Всего 249.333m LALA

imagine world things metaverse real within doing

imagine world → Результатов: 62


Фото:

This Family Put Everything They Had Into Bitcoin And Now Tour The World With A Completely Different Message

Everyone thinks Bitcoin and other cryptocurrencies are too risky to pour all their wealth into for the obvious reasons of them having huge volatility – everyone is too scared that such wealth could reduce massively within no time but then again no one wants to imagine how rich they could be if that money generates […]

2021-8-18 17:06


Australia’s Central Bank: It’s ‘Difficult’ to Imagine Mass Adoption of Bitcoin

By CCN Markets: After ten years, the Reserve Bank of Australia has decided that Bitcoin and other cryptocurrencies don’t pose a threat to Aussie dollars or other forms of fiat payment. The RBA concludes, after reviewing everything it knows about cryptocurrency, that it’s “difficult to envisage” an outbreak of Bitcoin users in the down under.

2019-6-21 10:55


Imagine a World Where Bitcoin’s Volatility Levels Equal Gold’s within a Decade from Now

Bitcoin, the pioneer of the cryptocurrency space is often considered to be the modern-day store of value and digital equivalent of gold. However, the comparison between Bitcoin and Gold does not really go down well with the Gold proponents as they believe gold has been the standard for quite long and has a very stable […]

2019-5-22 18:50


This Day in Deals: 50% off a printer so you can create your own smut

This Day In Deals is our new section where we share a historical fact and the day’s best deal – and try to connect them. The aim? To enrich ourselves financially, and you spiritually. With smut galore available in the internet’s every crevice, it’s strange to imagine a world where books – yes, books filled only with boring, boring words – were controversial.

2018-11-2 13:26


I grew up in a house that shared one phone charger — and survived

Let me set the scene for you. It’s 2010, my family and I have one shared PC that takes thirty minutes to load the login page, the internet makes a weird sound when it’s switched on, all four of us in the house have a flip phone — and we share one phone charger… My parents were ahead of the curve when it came to digital paranoia and found a ‘fun’ solution to raising kids in a new and terrifying digital world — control their access to electricity.

2018-9-3 18:00


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place.

2018-7-21 23:03