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METAVERSE AND BLOCKCHAIN WHAT IS THEIR RELATIONSHIP?

The science fiction that we see in the movies is no longer so far away, a buzzword, where the metaverse virtual reality and augmented reality interact, but also that territory that generates a lot of money, particularly with the speculation of virtual reality currencies.

What is the metaverse?

It is like a 3D virtual space where we can access and interact online in virtual reality and augmented reality.

The metaverse has a particular union; it is an imprecise term that represents virtual worlds in which people, in the form of avatars, can play games, socialize, and trade.

With the metaverse, we can carry out the same activities that we do in real life, play, dance, work, buy, sell; in short, an infinite infinity opens up with Blockchain and cryptocurrencies.

What will the phenomena that the explosion of the cryptocurrency market that we have experienced in recent years have in common, as well as the twist and the sales of a pixel for more than 1000 dollars, without a doubt it would be human greed, Well yes, although others would think of the Blockchain. Either way, learn to boost profit from your Bitcoin investment and crypto investments.

What is Blockchain?

We find an exciting technology such as Blockchain, a concept that connects directly with a branch of the informant that is fascinating. Therefore we like must know what Decentralized systems are.

It is essential to know them because this idea does support by many technologies such as cryptocurrencies, NFT, intelligent contracts, and even artificial intelligence.

The blockchain world gives us new possibilities. By creating and enriching the Avatar digital identity and digital assets, the Blockchain has formed an independent virtual world. It is not entirely a mapping of the real world.

Now, how are they related?

The metaverse is all about generating interest, driving your long-term vision, and of course, doing business. The metaverse is a concept that must be unified and connect various services and technology.

That is why the metaverse must be decentralized. It may be something topical, but it is good to analyze it since it is under construction.

I believe that decentralization and the use of Blockchain will be a natural step because interest skyrocketed before the goal statement regarding Facebook.

Blockchain is the basis of possible decentralization, leading to the elimination of intermediaries to carry out authentication management or process validation in a highly secure and accurate way. Found distributed in different nodes that are the users. Experts have claimed that cryptocurrency technology will be at the core of the metaverse. It will allow people to own digital objects securely in different virtual worlds. 

Recently, crypto-focused gaming metaverses such as Axie Infinity and The Sandbox have attracted users.

The blockchain metaverse works thanks to NFTs or non-fungible tokens. It comes from unique assets or in the digital form of physical or digital support. It is equivalent to a digital certificate; it allows you to buy and sell it in the real world. It is the case of the OVR metaverse. One of the possible advantages is that you can withdraw the money invested in the metaverse.

According to Goldman Sachs, they assure that metaverses must do base on Blockchain. 

They are adding virtual reality, video games, social media, elements of cryptocurrencies, NFT blockchain games.

Metaverses will become part of Web 3.0, an era where real-world businesses do disclose to the digital space, and users express the versatility of these environments.

Conclusions

The relationship between metaverse and cryptocurrency has time. It does present as a space to work, collaborate and socialize. We will soon see virtual stores. Metaverse is a business.

Although it seems complicated to explain, it is more complex when we see this virtual reality enter our homes and position itself as a collaborative tool in the activities of household members.

Cryptocurrencies are digital currencies whose axis of exchange is the blockchain platform. The various Exchanges that have emerged to carry out these financial operations are why it entirely relates with this new invention called metaverse.

Consequently, it will only be possible to be part of it if you handle digital technologies and tools, allowing the benefit of thousands of users who currently have the trading of cryptocurrencies or crypto actives as their primary income.

The metaverse is new, exciting, and filled with many opportunities. You can meet new people, create your assets, and monetize your creations like never before. Welcome to the future. Welcome to the metaverse.

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