There are some who are stopping their jobs so that they can play Axie Infinity, which is a play-to-earn metaverse video game, complete time. This metaverse benefits winners with the native currency, AXS. We're getting in a world where an individual's full-time task could be handling a store in a metaverse. We'll be able to go to conferences, go to meetings, and capture up with our loved ones here.

This year, the company altered its name to "Meta," short for "metaverse." What do you make from that development? A lot of individuals assumed that Facebook moved forward with this rebrand to get away from some of its past indiscretions. That's not the case. Facebook is among the largest, most dominant organizations in history.

What Facebook/Meta is trying to do is "claim" an entire domain on their own, as if there will only be one metaverse. And the reason is actually really easy A number of the metaverses I mentioned above could draw users far from Facebook's platforms. If we can get in touch with our good friends in a metaverse like Decentraland or The Sandbox, what use would we have for Facebook's social networks platforms? The company sees the potential for the metaverse, and it knows it needs to catch up.

And it might shock us to hear, but I don't think it will work. Facebook intends to develop a metaverse, gather all of the user information, and capture 100% of the earnings and earnings. This is a very old-school mindset. The most successful metaverses will include monetary incentives and economies into their worlds.

This will be one of the biggest investment patterns of the next year. If you're not prepared, go right here to learn about Jeff's complete "World IPO Day" profit plan. Like what you read? Send your ideas to [email safeguarded].

Basically, when 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 imagining those 8-bit or finny monkey avatars that offer for thousands of dollars. That's how the media represents NFTs, and if you don't understand what I'm talking about, you remain in for a treat.