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ashish's avatar
ashish
Community Manager
4 years ago
Solved

How can one earn money in Metaverse?

Players begin by purchasing its native token, UPX, with fiat money, in order to begin buying their first properties?
  • Rahul's avatar
    4 years ago

    Facebook has adopted the concept of the metaverse, which is increasingly becoming a term in technology and business.

    Facebook announced a $50 million investment in creating its Metaverse in September 2021.

    But what exactly does it imply? Here's how it works.

    In his 1992 novel Snow Crash, American writer Neal Stephenson notably introduced the phrase "metaverse," which refers to a 3D virtual environment inhabited by avatars of real people.

    People in this dystopian future wear virtual reality goggles to engage with a digital world! In Silicon Valley, it's a well-known novel.

    The metaverse is a virtual 3D universe that is shared by everyone. The metaverse can be conceived of as a collection of worlds connected virtually, just as the physical universe is a collection of worlds connected in space.

    The Metaverse was shown in the film "Matrix," in which people lived in a virtual environment while their bodies were hooked into Virtual Reality equipment that was harvested for electricity.

    I hope things don't go that far though😃.

    You may have already heard of Omniverse through Nvidia or Facebook's Horizons and Workspace. These are all Metaverse assets. Days are not far off when you will be dressed as a "bored ape" and visiting the Virtual Amazon Mall, where items will be delivered to your home in reality.

    Every virtual world within the metaverse will have its Cryptocurrency that will be compatible with one another, just as every physical world has its own money.

    In the Metaverse, projects like Axie Infinity, Decentraland, and Sandbox have already made a reputation for themselves. We'll see more of this in the future.

    And as you already know the secret to success in crypto is simply to wait.