🔰Rise of the Metaverse

There are 2.6 billion gamers in the world (1 in 3), and the Metaverse concept combined with NFTs will undoubtedly change the world. For the first time, people will really have a straightforward way to monetize DeFi and earn real money. Not only will this new concept be an accessible entry point for ordinary people into blockchain technology and cryptocurrencies, but it will indeed spawn a new type of economy that will provide wealth opportunity and wealth redistribution for billions of people around the world. We have seen this happen in many first, second and especially third world countries and MASKS Finance will take this concept to the next level Sci-fi fans will tell you that Neal Stephenson first coined the term Metaverse in his acclaimed 1992 novel Avalanche, people fleeing dystopian reality to use online spaces as their digital avatars explore. The metaverse not only reflects all the three-dimensional complexity of the real world, but extends the foundations of our existence and creation.

In October 2021, Mark Zuckerberg announced that Facebook would undergo a major transformation and position itself to build a virtual reality platform. "We're effectively going from what people think of us as primarily a social media compan to a Metaverse company," he said. Other tech giants have expressed a tendency to work along similar lines. Does this mean that a centralized implementation of Metaverse can still achieve interoperability and openness? Does this mean that a handful of companies will have another era of cyber autonomy? On the other end are the pioneers who embrace an open builder ecosystem that is owned and managed by the community itself. Blockchain technology provides the perfect backbone for a decentralized and interoperable Metaverse, where individuals can truly own digital assets and all who contribute to the network can share value.