Metaverses in Crypto & How to Profit from Them
“Virtual world” can loosely define the term ‘Metaverse’, but it really depends on who you ask, and in which environment. In 1992, the author Neal Stephenson created the term for the novel “Snow Crash,” to describe an immersive virtual world shared by everyone. In 2011, the novel “Ready Player One” by Ernest Cline detailed another virtual world like that, and online multiplayer games like Habbo Hotel (2000) or Second Life (2003) have aimed to create something quite similar. In 2020, Decentraland and The Sandbox added crypto to the mix.
If we focus on the crypto space, a Metaverse (there are several) is a digital universe partly built with Distributed Ledger Technology (DLT), where people, through avatars, can interact,…
