Internet 3.0, Metaverse, and Cryptocurrency.
Aside from the hot technology slogan, what do they have in common? According to Motley Fool, Cryptocurrency and Metaverse are combined. And, they will soon become part of Web 3.0 – a decentralized system maintained by us, the regular users.
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However, in the meantime, you may have a question.
In terms of design and technology, Crypto and Metaverse are different. So how do they “relate,” to each other? Yes, even though they are different, they depend a lot on each other at times. Please continue reading to learn more about.
Blockchain, Crypto, and Metaverse – The Holy Trinity!
Let’s start our journey from the basic technology in Crypto and the Metaverse – blockchain. It is, in essence, a public database originally developed and created by Satoshi Nakamoto, the creator of Bitcoin.
It is used to store business data on a peer-to-peer network. There is no need to wait for an advertiser to do something again. It can reduce the cost of your sales and ensure that the whole process runs smoothly.
How can Crypto be used in Metaverse?
Since the inception of Metaverse, it has taken the technology world by storm. People are less and less interested in the real world and more and more involved in the virtual world. After all, there is nothing like what we usually see there. It is an independent world in its own right.
In one case, Cryptocurrency became part of the Metaverse. For example, it is used in games you play in the virtual world.
You can use a similar Crypto exchange site bitcoin code, and buy whatever you want from there. In some cases, you may be able to get Cryptocurrency for free. And, thankfully, you can buy a virtual land with that too.
However, getting Crypto in Metaverse is a big deal, in our opinion. It needs to be cleaned up a little more than we can think of as a viable source of income.
However, the application of Crypto does not end with the purchase of virtual goods. Other than that, you can buy a dress with it without having to go to the store.
How about finding the right competition?
Yes, it’s Metaverse, and you can try everything before you buy from the store. So no matter what happens, you will always find what is right for you.
The same goes for house renovations, furnishings, or anything else of your choice. It’s easy!
Metaverse and Crypto currencies
As mentioned before, you can get Cryptocurrency from within the Metaverse as well. Here are some projects that provide the best example in this regard.
Option – 1: The Sandbox
A user -created world where you can curate and sell digital information to any user. The money in the SAND game can be earned and sold by donating real money. You can use it to buy a building, a utility, or a virtual property.
Koho – 2: Decentraland
At Decentraland, you can use its personal Cryptocurrency, MANA, to claim land in the game. You can earn as much as you develop games and sell them or rent your space to someone else. The game is controlled and monitored by Decentraland DAO.
Koho – 3: Axie Infinity
In terms of gameplay and navigation, Axie Infinity is similar to Nintendo’s Pokemon Franchise. In this game, you have to collect fantasy monsters, train them, and then use them to fight against each other. The symbol of this game is called Axies and it can also be found.
If we are to be honest, Cryptocurrency has a much higher interest in the market. And growth will continue as blockchain technology enters the market. Therefore, we urge you to embrace it now with your hands and try to get Crypto as far as possible. You need it in the future. So why not start working together from now on?