METAVERSE

  What is Metaverse ?  The metaverse is a virtual universe that lets users replicate their experiences from the real or physical world on a virtual platform by creating their avatars. The concept has been gaining traction in the aftermath of the COVID-19 pandemic due to restrictions on physical gatherings and meetings. The metaverse allows people to work, shop, exercise, do business, buy land or even make art in a virtual environment. But like every economy needs a currency, the metaverse, which is also a fully immersive virtual economy, needs a mode of payment. Since activities and interactions in the virtual world are all done through an avatar of the user, it is not possible to transact in fiat currency (traditional paper currency). ⭐ What are Metaverse tokens? Metaverse tokens are a unit of virtual currency used to make digital transactions within the metaverse. Metaverses are sprawling universes that users can access via a computer or virtual reality headset. These platfo...