Metaverse, NFTs, and Crypto tokens: Here's why investors should know about their relation

economictimes.indiatimes.com:

If you want to be a part of the Metaverse and NFT universe, you can purchase relevant crypto tokens from platforms like CoinSwitch Kuber. So, to understand them, let's dissect each of these terms first.

Did you Know?

Sunny Leone took the lead among Indian actors to secure her digital assets when she broke the news about her association with NFT, two months back. This made her the first Indian actress to mint NFTs

Metaverse — The metaverse is an online, three-dimensional universe that combines multiple virtual spaces. It can be compared to a future version of the internet. With metaverse, users will be able to collaborate, meet, play games, and socialise in these 3D spaces. NFT - NFT stands for Non-Fungible Tokens. NFTs are digital items that can be bought and sold using this blockchain technology. However, they are not fungible, making them a different type of asset, one that is based on value and popularity.Crypto Tokens - Tokens, unlike crypto coins, lack do not have their own blockchain. They work with cryptocurrency blockchains. Many tokens, for example, run on Ethereum, which also includes stablecoins. We'll look at how the Metaverse, NFT and crypto tokens interact and why celebrities are flocking into the NFT space, which is again related to the Metaverse and cryptocurrencies.The MetaverseA Metaverse is a virtual representation of reality. Users can use a virtual self – a custom-made avatar that can look any way they want – to attend concerts, visit art galleries, or visit foreign places in these virtual worlds. There is also more than one Metaverse. And several companies are working on a variety of them, each with its own set of network protocols. These Metaverses all have the same goal