The metaverse is a term used to describe an online virtual universe in which users can interact with a digital environment in real time.
#metaverso has become a hot topic in technology and popular culture, and is expected to have a significant impact on the way we interact with technology in the future.
What types of metaverses exist?
There are several types of metaverses that can vary depending on who has control over them, the type of technology they use, and the type of economy they manage.
Centralized metaverses are those in which user-owned assets are controlled by the developer companies, while decentralized metaverses are those in which users have more control over their assets123.
The relationship between the metaverse and cryptocurrencies is interesting. Cryptocurrencies are the basis of e-commerce in the metaverse and to get into the game, real money is required to buy them.
What is the relationship between cryptocurrencies and the metaverse?
Cryptocurrencies are the money of the virtual world, and are therefore necessary to buy land, art, clothing or even live experiences.
In metaverses that use Blockchain, a parallel economy to that of the real world develops digitally.
In these metaverses it is possible to monetize skills, you can also buy plots of land, digital art, clothing and accessories, any type of transportation such as cars or airplanes, among many other digital products3.
The most important cryptocurrencies in the metaverse include $MANA , used in Decentraland, one of the most well-known virtual universes, $AXS , $SAND , #ENJ and #JEWEL .
Cryptocurrencies fluctuate according to the interests of the users of each platform, which means that their value varies with buying and selling both inside and outside the virtual space.
In short, the metaverse is an online virtual universe in which users can interact with a digital environment in real time. There are several types of metaverses that can vary depending on who has control over them, the type of technology they use, and the type of economy they manage.
Cryptocurrencies are the foundation of e-commerce in the metaverse and are necessary for purchasing land, art, clothing, or even living experiences.
The top cryptocurrencies in the metaverse include MANA, AXS, SAND, ENJ, and JEWEL. I hope this helped you better understand the metaverse and its relationship with cryptocurrencies. If you have any other questions, feel free to ask.
Source: Territorioblockchain.com
