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[Audio] CONTENT . INTRODUCTION . DEFINITION . USES . FUTURE OF METAVERSE.
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[Audio] INTRODUCTION THE CONNECTIONS BETWEEN THE FINANCIAL, VIRTUAL, AND PHYSICAL WORLDS HAVE BECOME INCREASINGLY LINKED. THE DEVICES WE USE TO MANAGE OUR LIVES GIVE US ACCESS TO ALMOST ANYTHING WE WANT AT THE TOUCH OF A BUTTON. THE CRYPTO ECOSYSTEM HASN'T ESCAPED THIS EITHER. NFTS, BLOCKCHAIN GAMES, AND CRYPTO PAYMENTS AREN'T JUST LIMITED TO CRYPTO GEEKS ANYMORE. THEY'RE NOW ALL EASILY AVAILABLE AS PART OF A DEVELOPING METAVERSE..
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[Audio] DEFINITION THE METAVERSE IS A CONCEPT OF AN ONLINE, 3D, VIRTUAL SPACE CONNECTING USERS IN ALL ASPECTS OF THEIR LIVES. IT WOULD CONNECT MULTIPLE PLATFORMS, SIMILAR TO THE INTERNET CONTAINING DIFFERENT WEBSITES ACCESSIBLE THROUGH A SINGLE BROWSER..
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[Audio] VIDEO GAMES AND METAVERSE • BECAUSE OF THE EMPHASIS ON 3D VIRTUAL REALITY, VIDEO GAMES OFFER THE CLOSEST METAVERSE EXPERIENCE CURRENTLY. THIS POINT ISN'T JUST BECAUSE THEY ARE 3D, THOUGH. PLAYERS DON'T JUST PLAY THE GAME ANYMORE; THEY ALSO USE IT FOR OTHER ACTIVITIES AND PARTS OF THEIR LIVES IN " CYBERSPACE". FOR EXAMPLE, IN THE MULTIPLAYER GAME FORTNITE, 12.3 MILLION PLAYERS TOOK PART IN TRAVIS SCOTT'S VIRTUAL IN-GAME MUSIC TOUR..
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[Audio] WHAT'S THE FUTURE OF THE METAVERSE? FACEBOOK IS ONE OF THE LOUDEST VOICES FOR THE CREATION OF A UNIFIED METAVERSE. THIS IS PARTICULARLY INTERESTING FOR A CRYPTOPOWERED METAVERSE DUE TO FACEBOOK'S DIEM STABLECOIN PROJECT. MARK ZUCKERBERG HAS EXPLICITLY MENTIONED HIS PLANS TO USE A METAVERSE PROJECT TO SUPPORT REMOTE WORK AND IMPROVE FINANCIAL OPPORTUNITIES FOR PEOPLE IN DEVELOPING COUNTRIES. OTHER LARGE TECH COMPANIES ARE ALSO TARGETING THE CREATION OF A METAVERSE, INCLUDING MICROSOFT, APPLE, AND GOOGLE..
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[Audio] CONCLUSION WHILE A SINGLE, UNITED METAVERSE IS LIKELY A LONG WAY OFF, WE ALREADY CAN SEE DEVELOPMENTS THAT MAY LEAD TO ITS CREATION. IF WE WILL EVER REALLY REACH THE POINT OF A METAVERSE IS UNSURE. BUT IN THE MEANTIME, WE CAN ALREADY EXPERIENCE METAVERSE-LIKE PROJECTS AND CONTINUE TO INTEGRATE BLOCKCHAIN MORE INTO OUR DAILY LIVES..