Jeff Brown Archives - Rogue Economics

[Goudy Goold]

There are some who are quitting their tasks so that they can play Axie Infinity, which is a play-to-earn metaverse game, full-time. This metaverse benefits winners with the native currency, AXS. We're getting in a world where an individual's full-time job could be managing a shop in a metaverse. We'll be able to attend conferences, go to meetings, and catch up with our loved ones here.

This year, the company altered its name to "Meta," short for "metaverse." What do you make from that advancement? A lot of individuals presumed that Facebook moved forward with this rebrand to escape a few of its past indiscretions. That's not the case. Facebook is among the largest, most dominant businesses in history.

What Facebook/Meta is attempting to do is "claim" an entire domain on their own, as if there will just be one metaverse. And the reason is really extremely simple Numerous of the metaverses I discussed above could draw users far from Facebook's platforms. If we can get in touch with our buddies in a metaverse like Decentraland or The Sandbox, what use would we have for Facebook's social media platforms? The business sees the capacity for the metaverse, and it understands it requires to catch up.

And it may surprise us to hear, but I do not believe it will work. Facebook plans to create a metaverse, collect all of the user data, and capture 100% of the earnings and profit. This is an extremely old-school point of view. The most effective metaverses will include monetary rewards and economies into their worlds.

This will be among the biggest investment trends of the next year. If you're not prepared, go right here to learn more about Jeff's full "World IPO Day" profit strategy. Like what you read? Send your ideas to [e-mail safeguarded].

Basically, once you have an NFT, it's yours and nobody can alter that record on the blockchain except for you. At this minute you're most likely picturing those 8-bit or finny monkey avatars that cost countless dollars. That's how the media represents NFTs, and if you don't understand what I'm talking about, you remain in for a reward.