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Explained: Metaverse's cryptocurrencies and how they work
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cnbctv18.comThe metaverse is a virtual universe that lets users replicate their experiences from the real or physical world on a virtual platform by creating their avatars. The concept has been gaining traction in the aftermath of the COVID-19 pandemic due to restrictions on physical gatherings and meetings.The metaverse allows people to work, shop, exercise, do business, buy land or even make art in a virtual environment.But like every economy needs a currency, the metaverse, which is also a fully immersive virtual economy, needs a mode of payment.
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