Bitcoin hits £50,000 for the first time this morning.

[AlwaysAway2]

Cryptocurrencies, then along came DeFi, followed by Yield Farming and NFT's. However, the future is the Metaverse!
So much so, that Mark Zuckerberg is rebranding 'Facebook' to 'Meta' (I kid you not!). It's in its infancy, but a huge amount of money is going to flow into this. I've just bought my first Metaverse coin and can see the massive potential of this.
I'm not going to touch my crypto assets, not until 2025 at least.

BTW: A collection of nine steampunk characters, sold for $16 million at Christie's recently. Crazy, huh!

If you can post a link to a sensible explanation I would be grateful.
I don't understand Defi at all.

[Rock_Flock_of_Five]

If you can post a link to a sensible explanation I would be grateful.
I don't understand Defi at all.

I missed the boat on Defi myself, to be honest. I was sitting rather happily on my cryptocurrencies and simply couldn't be bothered to dig into the nuts & bolts of Defi. Getting up to speed with crypto alone had stretched me to the limits of my capabilities at times.

However, the Metaverse is going to revolutionise things and presents a great opportunity for those that feel they may have missed out on previous blockchain technology opportunities. It's not solely about gaming (which I hate), it can potentially change everything from the way you shop, buy a house, to being in the same room as someone who's on the other side of the world (in VR, of course!).

[mrbluejay]

I missed the boat on Defi myself, to be honest. I was sitting rather happily on my cryptocurrencies and simply couldn't be bothered to dig into the nuts & bolts of Defi. Getting up to speed with crypto alone had stretched me to the limits of my capabilities at times.

However, the Metaverse is going to revolutionise things and presents a great opportunity for those that feel they may have missed out on previous blockchain technology opportunities. It's not solely about gaming (which I hate), it can potentially change everything from the way you shop, buy a house, to being in the same room as someone who's on the other side of the world (in VR, of course!).

Just watched the video, forgive me if I'm being dense, but I'm still not sure where the opportunity is apart from holding shares in those companies at the forefront of the technology?

[Rock_Flock_of_Five]

Just watched the video, forgive me if I'm being dense, but I'm still not sure where the opportunity is apart from holding shares in those companies at the forefront of the technology?

So, you can go on somewhere like 'Coingecko' and search for Metaverse coins/tokens. It's similar to buying stocks in a fledgling company that you think might do well, only these companies are part of Blockchain technology. Therefore you buy a digital asset and store it in a wallet (as you would with cryptocurrencies). Ultimately, you hope to purchase a coin/token at a low price while it's still in its infancy, sit back, and hope it grows in value.

Actually, you can also buy land and assets like cars, etc, and receive passive income from when people use them in the Metaverse... but that's going a bit deeper than my original post intended.

[Maurice Swan]

so....there are many Metaverse coins out there.......you have any 'fanciable' ones? MANA/AXS/ENJ/SAND/Other