Jeff Brown Archives - Rogue Economics

[Cline Schechter]

There are some who are quitting their tasks so that they can play Axie Infinity, which is a play-to-earn metaverse game, complete time. This metaverse benefits winners with the native currency, AXS. We're going into a world where a person's full-time job might be managing a shop in a metaverse. We'll have the ability to attend conferences, go to conferences, and catch up with our family and friends here.

This year, the company changed its name to "Meta," short for "metaverse." What do you make of that development? A lot of people presumed that Facebook went forward with this rebrand to avoid some of its previous indiscretions. But that's not the case. Facebook is among the largest, most dominant services in history.

What Facebook/Meta is attempting to do is "claim" a whole domain for themselves, as if there will just be one metaverse. And the factor is actually extremely basic A lot of the metaverses I discussed above could draw users far from Facebook's platforms. If we can connect with our good friends in a metaverse like Decentraland or The Sandbox, what use would we have for Facebook's social networks platforms? The business sees the potential for the metaverse, and it knows it needs to catch up.

And it may shock us to hear, but I don't believe it will work. Facebook means to produce a metaverse, collect all of the user data, and capture 100% of the profits and earnings. This is an extremely old-school way of thinking. The most effective metaverses will incorporate monetary rewards and economies into their worlds.

This will be one of the greatest financial investment patterns of the next year. If you're not prepared, go right here to discover about Jeff's complete "World IPO Day" profit plan. Like what you read? Send your thoughts to [e-mail safeguarded].

Basically, as soon as you have an NFT, it's yours and nobody can change that record on the blockchain other than for you. At this minute you're most likely imagining those 8-bit or finny monkey avatars that sell for thousands of dollars. That's how the media represents NFTs, and if you do not know what I'm speaking about, you remain in for a reward.