The metaverse is a concept of a persistent, online, 3D universe that combines multiple different virtual spaces. You can think of it as a future iteration of the internet. The metaverse will allow users to work, meet, game, and socialize together in these 3D spaces.
Although not required, cryptocurrencies can be a great fit for a metaverse. They allow for creating a digital economy with different types of utility tokens and virtual collectibles (NFTs). If you read our last blog on blockchain technology, then you’ll understand why it’s a match made in heaven for the metaverse to be on the blockchain.
One big factor that has influenced the development of blockchain technology, is the need for decentralization. There is a growing community that is yearning for a financially, economically, socially free environment to live, enjoy life, and do business. This sentiment is what drove Satoshi Nakamoto to develop cryptocurrency (Bitcoin) to put the power back in the hands in the users. Cryptocurrency is essentially a decentralized economy sustained by its own supply/demand utilizing its own scarcity and the adoption process to determine its value.
Putting the power back into the hands of the people is truly where METARIX comes in. METARIX is a decentralized metaverse that puts decision making power, creative power, financial power, and social freedom at the user’s discretion. For so long, countries of the world have been dependent on financial institutions of small groups of people making decisions for most of the people. The METARIX metaverse creates the space for users to create their own economy utilizing their own investments, NFTs, services or commerce. The METARIX metaverse puts the creative power back in the hands of the user to build out their dreams. The METARIX Metaverse is everything we would love to experience here in reality, waiting for a user to dream and build. With the SDK’s and API’s to help the users create their own games, NFTs or digital asset, the tools are in the hands of the dreamer.