Will the METAVERSE drive massive cryptocurrency use?
According to cryptocurrency investment giant Grayscalemetaverse is a $1 trillion market opportunity.
It's clear why there is increasing interest around this new sector and it's likely that the metaverse will contribute to a new boom in the cryptocurrency sector
But what exactly are we talking about?
We generically mean by metaverse different types of virtual worlds and games, but it's actually much more than that.
It's a real digital parallel worldown economic system centered on cryptocurrencies within which you can play, work, communicate, create, build and earn.
On the other hand, if Zuckerberg did not want to miss the opportunity to become part of this project by changing the corporate name of Facebook to Meta, it says a lot about the future potential of the metaverse.
And it's also true that this choice has been a sounding board and since Zuckerberg has expressed his interest in this new digital world, we can't stop talking about it.
Already today, metaverse technology is starting to have a relevant influence in different sectors of the real world
Important brands have already started to invade the metaverse such as Adidas, Samsung, Atari, Amnesia and many others.
In these virtual worlds to be explored, it will be possible to find everything digitally, exchange items, buy and sell services, participate in events using the governance token on which a given metaverse is based.
For those who are not experts in cryptocurrencies it may seem a difficult topic to understand, in reality game enthusiasts have already had experience in the world of metaverse.
Just think of the virtual world of Secon Life launched in 2003 where it was easy to create your own avatar and start a new parallel life looking for new friends in 3D.
The only difference between the virtual worlds of today and those of the future is that they will allow us to have fun and socialize but also the possibility of earning money by actively participating in the activities planned in each metaverse, each linked to a specific platform with a well-defined cryptographic project and its own reference token.
These digital tokens make it possible to buy properties, such as real estate and land, and to create and exchange works of art, via NFT.
In short, I think that the cryptocurrency sector will benefit from the development of the Metaverse is not in question, surely those cryptocurrencies linked to the economy of the new virtual worlds will benefit the most.
