Have you ever dreamed of living in another universe or imagining a whole new life for yourself on another planet? In the metaverse, you get to create the life of your dreams in virtual reality.
It is a place where the virtual and real worlds meet. In this virtual world, you can show up on the other side of the globe with the help of technology. While this is not a new invention, it has come up again when Mark Zuckerberg announced that he was transforming Facebook into a metaverse company.
How are Metaverse and cryptocurrencies related?
Metaverse – what is it?
The development of technology over the last decade has been amazingly rapid. Nowadays, it is taken for granted that, for example, we can easily keep in touch with friends, get instant information about world events, try our luck at Dunder Casino or other gaming sites, and search for information on just about anything with just a few clicks.
In the future, all this will move to a virtual reality that corresponds to the so-called metaverse. This is not a completely new concept, it dates back to 1992.
Neal Stephenson described the digital space in his novel Snow Crash. His imaginary universe was accessed through goggles and fiber optic networks. Opposite were very mundane virtual spaces whose events had only the imagination as a limit.
No one would have believed at the time that little by little the new virtual reality would take its place in the daily lives of all of us and leave the internet at its feet.
Anyone can become the leader of their own metaverse
Virtual reality allows users to influence how things work and how they look. In Metaversum you can work, play, shop, relax or whatever you can think of. Over the decades, many have worked on the metaverse and sought to find a way to get beyond the physical boundaries of the world.
What makes this interesting is that, like the Internet, a metaverse cannot be owned by anyone. There are several different companies that operate based on this. Meta, formerly known as Facebook, brought this virtual world to everyone’s attention.
Are cryptocurrencies the key to metaverse?
Virtual reality and cryptocurrencies are strongly interlinked. What unites meta-transactions is that you can sell and buy property, but the currency in which you can do so depends entirely on the platform you are in. Next, we have compiled the best known of them and found out which cryptocurrencies they have in use:
Sandbox
A sandbox can be called a digital sandbox from which you can buy and sell land or other property. There are various tools available to create a world where you would like to live virtually. The site trades in SAND coins, which you can exchange for Ethereum.
Decentraland
Decentraland is a virtual reality where you can create and develop a world just like you. You can take part in concerts and festivals and join many events. You can use the platform with your phone, computer, or VR glasses. You can buy, sell and manage virtual property in the LAND currency of the site. You can become part of this metaverse by first investing in the MANA cryptocurrency and logging in to the platform.
Star Atlas
If you are looking for something completely different from everyday life, then you can leave the dust out of the ground. It’s a game where everyone starts out as an ordinary citizen. The goal is to develop relationships that can influence the community. The metaverse coin is ATLAS and can be used to purchase land, ships, crew members and equipment. They can be converted to a POLIS token cryptocurrency.
The metaverse and crypts – a piece of the future
If you haven’t been acquainted with metaversums before, then it’s worth taking a look at what they have to offer. The virtual reality is full of surprises and you may be surprised if you find that someone else owns your current address or gets to attend a concert you’ve always dreamed of from your home couch.
Source: Plato Data Intelligence: PlatoData.io
