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 going into a world where a person's full-time task could be handling a storefront in a metaverse. We'll be able to go to conferences, go to conferences, and capture up with our family and friends here.

This year, the company altered its name to "Meta," brief for "metaverse." What do you make of that development? A great deal of people assumed that Facebook went forward with this rebrand to escape some of its past indiscretions. However that's not the case. Facebook is among the largest, most dominant organizations in history.

What Facebook/Meta is trying to do is "claim" a whole domain for themselves, as if there will only be one metaverse. And the reason is in fact really easy A lot of the metaverses I discussed above could draw users away from Facebook's platforms. If we can connect with our buddies in a metaverse like Decentraland or The Sandbox, what use would we have for Facebook's social networks platforms? The company sees the capacity for the metaverse, and it understands it needs to capture up.

And it might surprise us to hear, however I don't believe it will work. Facebook intends to create a metaverse, collect all of the user information, and capture 100% of the incomes and earnings. This is a very old-school way of thinking. The most successful metaverses will integrate financial incentives 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 find out about Jeff's full "World IPO Day" profit plan. Like what you're reading? Send your thoughts to [e-mail protected].

Generally, as soon as you have an NFT, it's yours and nobody can alter that record on the blockchain except for you. At this minute you're probably picturing those 8-bit or finny monkey avatars that sell for countless dollars. That's how the media represents NFTs, and if you don't know what I'm talking about, you remain in for a treat.