Wednesday, January 05, 2022

Metaverse and the Bitcoin Blockchain CryptoCurrency

 Metaverse - What is it?

The metaverse has been around for a few decades in one way or another. However it is not until recently when Facebook chief - the Zuck - announced the new name Meta for his company that the Metaverse has come into heightened attention. Here are some definitions of the Metaverse typically found on Google search:

Wikipedia - "A metaverse is a network of 3D virtual worlds focused on social connection. In futurism and science fiction, the term is often described as a hypothetical iteration of the Internet as a single, universal virtual world that is facilitated by the use of virtual and augmented reality headsets"

Nvidia - "The metaverse is a shared virtual 3D world, or worlds, that are interactive, immersive, and collaborative. Just as the physical universe is a collection of worlds that are connected in space, the metaverse can be thought of as a bunch of worlds, too. Massive online social games, like battle royale juggernaut Fortnite and user-created virtual worlds like Minecraft and Roblox, reflect some ..."

Bybit - "Living, working and playing in an alternate reality requires funding, and that means cryptocurrency. Just as there are several metaverses to use, there are also multiple cryptocurrencies. Understanding the options, differences, and pros and cons f each one can help you make the best investment decision for your needs.

When I first encountered the hype about the Metaverse, it sounded very much like Virtual Reality (VR) - which was the big thing touted in the late 80s and early 90s. VR has not really taken off in the big way, although there are definitely some tangible benefits realised. Things like pilot training simulators and immersive technology certainly have their niches. There could even be a revival in the form of Google Glasses and the Oculus devices. Thinking a bit deeper, VR is usually associated with the technology that allows the  3D immersive experience. Although the implementation of the Metaverse is  also dependent on technology, the Metaverse is much more than about the 3D reality aspect - but it seems to encompass all aspects of the virtual world itself, including commerce, way of life and much more in this alternative metaverse.

The life and commercial aspect of the Metaverse is where cryptocurrency comes in. The quote by Bybit above says it precisely. What currency is better suited to a virtual meta world, then a virtual meta currency embodied by the cryptocurrency blockchain?

Here are some of the up and coming cryptocurrencies that may follow the development of the Metaverse:


ALIEN WORLDS (TLM)
Atari Token (ATRI)
Bloktopia (BLOK)
Boson Protocol (BOSON)
CEEK VR (CEEK)
Chromia (CHR)
CryptoPlanes (CPAN)
DEAPcoin (DEP)
Decentraland (MANA)
inSure DeFi (SURE)
IOTEX (IOTX)
METAHERO (HERO)
MINIGAME,
MRE
METAL
NJF
Polygon (MATIC)
Radio Caca (RACA)
RMRK (RMRK)
Sandbox (SAND)
Solana (SOL)
SQUID,
Starlink (STARL)
TERRA VIRTUA KOLECT (TVK)
Theta Network (THETA)
Torum (XTM)
UFO Gaming (UFO)
Verasity (VRA)
Victoria (VR)
Vulcan Forged (PYR)
WAX (WAXP)



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