There are currently many fears about which cryptocurrencies will survive next year. Against this backdrop, it is unclear which blockchain trends will remain in the spotlight in 2022. However, one topic is unlikely to disappear anytime soon: the metaverse.
The Metaverse
This new frontier of entertainment and social media is getting support from tech giants and venture capitalists. Now many crypto networks are turning to take over the metaverse, including Zilliqa. As the Zilliqa Company makes its major metaverse announcement today, corner is on the rise.
Everyone wants a piece of metaverse. With Facebook rebranding itself as Meta Platforms, the giant company signaled that the metaverse isn’t just a passing trend. So companies, brands and projects from all walks of life are somehow entering the metaverse.
The Sandbox cryptometaverse has partnerships with many musicians, media franchises, and brands. Crypto exchange KuCoin and auction house Sotheby’s have both bought lots of virtual land. Decentraland even organized its own virtual music festival.
Zilliqa is one of the latest to dive headfirst into the metaverse. As a Layer 1 DApp development protocol, Zilliqa promises high transaction efficiency and scalability on its network. Now he gets the chance to demonstrate these skills by building a metaverse.
Metaverse Announcement Strengthens Zilliqa (ZIL) Crypto
An announcement earlier this week is helping the Zilliqa crypto rise to its current value. The network announced its intention to dive into the metaverse via a post on Twitter accompanied by the hashtag Metapolis, the platform’s official metaverse:
” We’re making it official. #Metapolis, Zilliqa’s highly immersive and customizable Extended Reality (#XR) #metaverse platform – Coming soon in 2022!
This is what awaits Metapolis. ยป
In a post describing the upcoming Metaverse, the developers call the project an experiment of ” augmented reality (XR) They define XR as a combination of virtual reality (VR) and augmented reality (AR) technologies. The digital city will consist of domes that will house brands, games, art, real estate and more. Zilliqa completed theteaserwith a preview video for investors.
According to the developers, the Metapolis will arrive next year. Meanwhile, the ZIL gains are already there. thecorneris up 6% so far today, days after the initial announcement. Investors also continue to pour into the network, with ZIL trading volume of $68 million representing a slight gain from yesterday’s volume.
The metaverse is a facet of the industry that is not gaining momentum and Zilliqa understands this well. Indeed, with the launch of Metapolis, the platform plunges headlong into the metaverse universe. To do this, it plans to combine virtual reality (VR) and augmented reality (AR) technology to provide its users with augmented reality (XR). Will the Metapolis meet the expectations of market players or disappoint the general public?
Source: Yahoo Finance
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I am sure that blockchain and cryptocurrencies are the future, and I want to spread this idea to everyone because the more people believe in cryptocurrencies, the sooner the future will come.