What is the Metaverse? With Enjin Coin (ENJ), Theta Network (THETA), and FIREPIN Token (FRPN)
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Theta Network (THETA), Enjin (ENJ), and FIREPIN Token (FRPN) are cryptocurrencies with a vested interest in the development of virtual worlds and the online assets they generate. Non-fungible tokens (NFTs) are digital assets that may be purchased and traded but have no physical form; they symbolise ownership on the blockchain for those who have never heard of them. You may purchase and sell the original copies of these digital artworks in this instance. As they change hands, a blockchain maintains track of who owns them.
Facebook's Mark Zuckerberg describes it as the next version of the internet. The term can be traced back to the cyberpunk novel Snow Crash. MMOs like Second Life and MMOGs share many of their properties with a virtual reality twist. The movie Ready Player One may be the best visual example of what the metaverse could look like.
It's a massively scaled, interoperable network of 3D virtual worlds that can be interacted with by an unlimited number of people. The metaverse will be directed by diverse forms of technology such as cloud infrastructure, software tools, platforms, applications, user-generated content, and hardware. It will include various user experiences, including entertainment, gaming, commerce, social interactions, education, and research. The metaverse will require shared virtual worlds that incorporate persistence experience. Users will be able to move from universe to universe with their digital belongings. Decentraland (MANA), Horizon Workrooms, or Roblox are examples of what the future could look like.
Here are three cryptocurrencies and projects that have taken this next move in technological advancement:
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