Jeff Brown's Prediction Series: The Nft Boom Is Just Getting ...

[Ritchie Emanuel]

There are some who are stopping their tasks so that they can play Axie Infinity, which is a play-to-earn metaverse video game, full time. This metaverse benefits winners with the native currency, AXS. We're entering a world where an individual's full-time job could be handling a shop in a metaverse. We'll have the ability to go to conferences, go to conferences, and overtake our loved ones here.

This year, the business changed its name to "Meta," brief for "metaverse." What do you make from that development? A great deal of people presumed that Facebook moved forward with this rebrand to get away from some of its past indiscretions. That's not the Article source case. Facebook is one of the biggest, most dominant businesses in history.

What Facebook/Meta is trying to do is "claim" an entire domain on their own, as if there will just be one metaverse. And the reason is in fact really basic Much of the metaverses I discussed above could draw users far from Facebook's platforms. If we can connect with our friends in a metaverse like https://calendar.google.com Decentraland or The Sandbox, what usage would we have for Facebook's social media platforms? The company sees the capacity for the metaverse, and it understands it needs to catch up.

And it may amaze us to hear, however I don't believe it will work. Facebook plans to develop a metaverse, gather all of the user data, and capture 100% of the earnings and revenue. This is an extremely old-school method of thinking. The most successful metaverses will integrate financial rewards and economies into their worlds.

This will be among the most significant investment patterns of the next year. If you're not prepared, go right here to Click for more info find out about Jeff's complete "World IPO Day" profit plan. Like what you read? Send your thoughts to [e-mail protected].

Generally, once you have an NFT, it's yours and no one can change that record on the blockchain except for you. At this minute you're probably picturing those 8-bit or finny monkey avatars that cost thousands of dollars. That's how the media represents NFTs, and if you don't understand what I'm speaking about, you remain in for a treat.