From Facebook’s name change to virtual real estate selling for real-world sums, the “metaverse” has become one of the moment’s defining buzzwords and crypto storylines. As projects focused on the metaverse are busy raising billions of dollars in venture funding, it’s worth taking a few minutes to drill down on some basic questions. What parts of the metaverse are connected to crypto? Are we all saying the same thing when we use the word, or are there many competing visions? Let’s take a closer look.
Metaverse ecosystem is bigger than just Facebook name change, recently i read from a news source that Walmart (the world largest retailer) is plaining to launch its own crypto and join the metaverse world and also give users ntf, there are other big names venturing into the metaverse ecosystem to build in the virtual reality, most of these metaverse projects create their own digital currency (crypto) which are tradeable and can be exchange to other crypto, most metaverse provide play to earn, marketplace to trade collectables and these funds circulate to different parts of the whole crypto ecosystem so the connections are there if you take a moment to understand the system.