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The metaverse 'is already here' and will give cryptocurrencies the opportunity to make it better, a Solana co-founder says
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Anatoly Yakovenko
The metaverse is booming in popularity. Investors are snapping up plots of virtual land and digital luxury items, while companies and sports teams are piling in too.
Last week, 4 metaverse projects sold $106 million in virtual land, according to DappRadar. Sandbox, a gaming platform, racked up $86.56 million in digital land sales, while Decentraland recorded $15.53 million in sales of virtual real estate.
While it might feel like this next stage in the evolution of the internet is only just getting started, for Solana co-founder Anatoly Yakovenko, it's already a reality and one that cryptocurrencies can help improve.
«The metaverse is already here. It's just kind of in this low fidelity, low resolution state,» he told
Read more on markets.businessinsider.comAbout this in other media
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