Metaversetechbiz reports popular, trending news and stories for building and shaping your metaverse experience. Find opportunities in a variety of applications such as games, health, marketing, technology, education etc.
The Metaverse, a term coined by science fiction author Neal Stephenson, refers to a virtual world where users can interact with each other and digital objects in real time. It is a concept that has captured the imagination of many, with some even predicting that the Metaverse will one day become a parallel universe where people spend a significant portion …
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DeFi's blockchain-powered smart contracts promise to transform traditional finance into transparent protocols with no middlemen. It aims to alleviate dissatisfaction in the financial ecosystem by influencing transaction speed and cost.
DeFi is evolving to take advantage of blockchain properties such as decentralization and transparency in order to provide financial services to anyone with an internet connection and a mobile device. They have proven to be an invaluable resource for cryptocurrency enthusiasts, who have discovered new ways to earn money by lending their crypto assets on DeFi platforms. Aside from finance, …
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Dapps are one of the most exciting subsets of the crypto industry, and their development is still in its early stages. As blockchains mature and consumers become accustomed to cryptocurrencies, these applications have the potential to outperform existing financial services, collectibles, and other multibillion-dollar markets.
Although Bitcoin is by far the most popular crypto asset, DeFi, NFTs, and other applications are rapidly growing. Other than Bitcoin, these applications are built on blockchains. They do more than just keep track of transactions. They make complex financial services and online game economies possible.
Let’s take a look at DeFi, NFTs, and the broader concept of Dapps to …
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The Blockchain-as-a-Service business model describes the process by which third-party organizations install, host, and maintain a Blockchain network on their behalf. In exchange for a fee, the service provider offers to set up Blockchain infrastructure and technology.
Blockchain’s real-world applications are growing by the minute. Although it has numerous real-world applications and benefits, digital businesses are still struggling to realize the full potential of Blockchain solutions. Business owners are now confronted with two possible questions.
Is Blockchain-as-a-Service a viable alternative?
Is Blockchain-as-a-Service for Business the solution to making Blockchain technology more accessible to a wider audience?
In …
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Venture capitalists invested more than $120 billion in the metaverse sector in 2022, and the metaverse's value could reach $5 trillion by 2030. That means that in a few months, we can expect some significant developments from the metaverse's key players, and a crypto wallet will serve as a portal for users to explore the next version of the metaverse.
After renaming Facebook Meta, Mark Zuckerberg has made it clear that he intends to build an integrated metaverse that combines social media, communication, and cryptocurrency. This platform will be centered on increasing financial opportunities for users through the use of a metaverse crypto wallet. Following Meta, other tech behemoths such as Microsoft, Apple, and Google are investigating Metaverse opportunities.
The real estate sector has long struggled with illiquidity and high entry hurdles. Tokenization as a whole has greatly aided in the democratization of this industry by expanding the market in the metaverse and lowering the entry barrier.
Numerous corporations, startups, and investment firms have started to show intense interest in the decentralized virtual world as blockchain advancements and adoption across a wide range of sectors within the metaverse have started to skyrocket. Real estate is one such industry where colossal digital breakthroughs and metaverse development solutions are taking off.
The …
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We are all aware that the metaverse is a virtual world. Every continent has its own economy. You've probably heard of NFTs. These are referred to as Non Fungible tokens.
The term ‘Metaverse’ became much more popular after Mark Zuckerberg officially renamed Facebook to Meta, with the intention of making the metaverse a reality and assisting people in improving their connections, discovering communities, and growing their businesses.
However, if you are familiar with the online gaming world, the concept of the metaverse is quite old, but it is more than …
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The Epic Games store version of Blankos Block Party is functionally identical to the playable version on the game's website. Both versions are currently available in a "early access" state ahead of the game's full launch on September 28.
Epic Games, the creators of the popular online multiplayer game Fortnite, has entered the world of blockchain gaming with the release of Blankos Block Party on the Epic Games Store.
Blankos Block Party is a nonfungible token (NFT) powered online creation game developed by Mythical Games that was first released in open beta in December 2020. According to Mythical Games, …
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Blockchain domains are still not widely used, and most of these use cases will only become a part of our everyday reality in the near future, once Web3's promise is fully realized and perhaps even Mark Zuckerberg's Metaverse begins to feel less like a Matrix concept and more like a substantial, practical truth.
Unstoppable Domains founder and CEO Matthew Gould founded the company because “for too long, companies have controlled people’s digital identities, and it’s time for people to own their identity on the internet.”
As far as mission statements go, it’s quite powerful – but it’s also deeply rooted in current reality: Unstoppable Domains is a blockchain naming service with over 2.5 …
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The BNB Chain was formed in February 2022 by the merger of the BNB Beacon Chain and the BNB Smart Chain. The blockchain network is Ethereum Virtual Machine compatible, allowing for the development of multichain ecosystems.
Binance’s BNB Chain smart contract blockchain platform has partnered with Google Cloud to support Web3 and blockchain startups. Startups currently developing products and services on the BNB Chain blockchain will be able to use Google Cloud’s scalable, secure, and open source infrastructure. Over 1,300 active BNB Chain-based decentralized applications (DApps) from the worlds of decentralized finance (DeFi), Metaverse, blockchain games, …
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