The Metaverse is a shared virtual environment where people can interact as avatars with each other. Metaverse in crypto is a Metaverse that uses blockchain technology and crypto assets in its economy. Some examples of a Metaverse in crypto are The Sandbox, Axie Infinity, and Decentraland.
The Sandbox is a blockchain-based virtual gaming world where users can create, build, buy and sell digital assets, including non-fungible tokens (NFT).
Website: https://www.sandbox.game/
Decentraland is an Ethereum blockchain-powered virtual world where users can create, experience, and monetize content and applications.
Website: https://decentraland.org
Axie Infinity is a non-fungible token-based online video game created on the Ethereum blockchain. It was inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle, and trade token-based creatures known as Axies.
Website: https://axieinfinity.com/
Facebook changed its name to Meta on 28th October, 2021 and it reflects the company’s long-term focus on building the metaverse, combining social media, virtual reality, and augmented reality features. Meta has burned more than $15 billion trying to build its metaverse so far.
Kudos to those who were fired by Mark Zuckerberg.
