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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 rewards winners with the native currency, AXS. We're going into a world where a person's full-time task could be handling a shop in a metaverse. We'll have the ability to go to conferences, go to meetings, and overtake our family and friends here.
This year, the company changed its name to "Meta," short for "metaverse." What do you make of that advancement? A lot of individuals presumed that Facebook went forward with this rebrand to avoid a few of its previous indiscretions. That's not the case. Facebook is one of the largest, most dominant businesses in history.
What Facebook/Meta is attempting to do is "claim" a whole domain for themselves, as if there will just be one metaverse. And the reason is actually very basic A lot of the metaverses I discussed above could draw users away from Facebook's platforms. If we can get in touch with our pals in a metaverse like Decentraland or The Sandbox, what usage would we have for Facebook's social media platforms? The business sees the potential for the metaverse, and it knows it needs to capture up.
And it might shock us to hear, however I do not believe it will work. Facebook plans to create a metaverse, collect all of the user information, and capture 100% of the revenues and revenue. jeff brown investor nft This is a really old-school

