There are some who are stopping their jobs so that they can play Axie Infinity, which is a play-to-earn metaverse game, full-time. This metaverse rewards winners with the native currency, AXS. We're going into a world where a person's full-time job could be handling a storefront in a metaverse. We'll have the ability to participate in conferences, go to meetings, and catch up with our friends and families here.

This year, the business changed its name to "Meta," short for "metaverse." What do you make from that development? A lot of people presumed that Facebook moved forward with this rebrand to avoid a few of its previous indiscretions. That's not the case. Facebook is among the largest, most dominant organizations in history.

What Facebook/Meta is attempting to do is "claim" an entire domain on their own, as if there will only be one metaverse. And the reason is really very simple A lot of the metaverses I pointed out above could draw users away from Facebook's platforms. If we can get in touch with our friends in a metaverse like Decentraland or The Sandbox, what usage would we have for Facebook's social media platforms? The company sees the potential for the metaverse, and it understands it needs to catch up.

And it might shock us to hear, but I do not believe it will work. Facebook intends to create a metaverse, gather all of the user data, and capture 100% of the revenues and revenue. This is an extremely old-school mindset. The most effective metaverses will integrate monetary incentives and economies into their worlds.

This will be among the greatest financial investment trends of the next year. If you're not prepared, go right here to find out about Jeff's full "World IPO Day" profit strategy. Like what you're reading? Send your thoughts to [e-mail protected].

Basically, as soon as you have an NFT, it's yours and no one can change that record on the blockchain other than for you. At this minute you're probably picturing those 8-bit or finny monkey avatars that offer for 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.