Original Content- Business Upside
The internet has constantly been evolving, and now we are entering the era of Web 3.0. It’s all about distributed ledgers, cryptocurrencies, NFTs (non-fungible tokens), artificial intelligence (AI), metaverses, and IoT (internet of things). The new era of digital connectivity dominated by VR (virtual reality) and super-speed digital connectivity constitutes the Metaverse or the new avatar of the internet which will impact significantly impact e-commerce. Consequently, it will change the traditional ways of wealth building by using virtual assets as investors must learn how to invest in the Metaverse, focusing on virtual assets for building wealth.
Decentralization is at the Core of the Metaverse
When looking into the ways to build sustainable wealth in the Metaverse play, investors would discover that they have to deal with a decentralized system. All types of transactions, from investments to contracts, will now happen through distributed ledgers which are like open books but ensure complete transparency. No third-party involvement is necessary for undertaking financial transactions. Investing in Metaverse would mean direct transactions between the parties, as happens when trading in cryptocurrencies. Investors must position themselves in the new internet era and learn the ways to build wealth in the long term by identifying the investment opportunities.
Here are some investment ideas in the new world of Metaverse.
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