fbpx
Bullish
No Result
View All Result
  • News
    Latest News
    People
    Currencies
    Tech
    Markets
    Policy & Regulation
    Business
    Exchanges
    Latest News
    People
    Currencies
    Tech
    Markets
    Policy & Regulation
    Business
    Exchanges
  • Features
  • Australia
  • Top Coins
  • Topics
    Bitcoin
    Ethereum
    Cryptocurrencies
    NFTs
    DeFi
    Gaming
    Trading
    Bitcoin
    Ethereum
    Cryptocurrencies
    NFTs
    DeFi
    Gaming
    Trading
  • Exchanges
    Latest News
    Recommended Exchanges
    How to Buy Bitcoin
    How to Sell Bitcoin
    Latest News
    Recommended Exchanges
    How to Buy Bitcoin
    How to Sell Bitcoin
  • Guide
    ALL 101 Guides
    Blockchain
    Trading
    ICOs
    Bitcoin
    Ethereum
    Currencies
    ALL 101 Guides
    Blockchain
    Trading
    ICOs
    Bitcoin
    Ethereum
    Currencies
  • News
    Latest News
    People
    Currencies
    Tech
    Markets
    Policy & Regulation
    Business
    Exchanges
    Latest News
    People
    Currencies
    Tech
    Markets
    Policy & Regulation
    Business
    Exchanges
  • Features
  • Australia
  • Top Coins
  • Topics
    Bitcoin
    Ethereum
    Cryptocurrencies
    NFTs
    DeFi
    Gaming
    Trading
    Bitcoin
    Ethereum
    Cryptocurrencies
    NFTs
    DeFi
    Gaming
    Trading
  • Exchanges
    Latest News
    Recommended Exchanges
    How to Buy Bitcoin
    How to Sell Bitcoin
    Latest News
    Recommended Exchanges
    How to Buy Bitcoin
    How to Sell Bitcoin
  • Guide
    ALL 101 Guides
    Blockchain
    Trading
    ICOs
    Bitcoin
    Ethereum
    Currencies
    ALL 101 Guides
    Blockchain
    Trading
    ICOs
    Bitcoin
    Ethereum
    Currencies
No Result
View All Result
Bullish
No Result
View All Result
  • bitcoin
    BTC$60,466.33-0.92%
  • ethereum
    ETH$4,555.53-1.80%
  • ripple
    XRP$1.06-2.62%
  • cardano
    ADA$1.46-1.97%
  • dogecoin
    DOGE$0.210-0.35%
  • Bitcoin(BTC)
    bitcoin
    $60,466.33 -0.92%(24H Vol)
    $25,730,528,317.11
    Ethereum(ETH)
    ethereum
    $4,555.53 -1.80%(24H Vol)
    $16,906,290,428.27
    Tether(USDT)
    tether
    $1.43 0.020%(24H Vol)
    $60,450,543,067.93
    USD Coin(USDC)
    usd-coin
    $1.43 0.110%(24H Vol)
    $4,596,136,823.81
    XRP(XRP)
    ripple
    $1.06 -2.62%(24H Vol)
    $3,732,556,988.72
    Cardano(ADA)
    cardano
    $1.46 -1.97%(24H Vol)
    $1,051,859,837.05
    Polkadot(DOT)
    polkadot
    $27.13 -3.96%(24H Vol)
    $746,813,916.94
    Dogecoin(DOGE)
    dogecoin
    $0.210 -0.35%(24H Vol)
    $2,444,061,640.37
    Wrapped Bitcoin(WBTC)
    wrapped-bitcoin
    $60,407.73 -1.06%(24H Vol)
    $294,423,450.00
    Dai(DAI)
    dai
    $1.43 0.140%(24H Vol)
    $369,216,234.45
    Cosmos Hub(ATOM)
    cosmos
    $37.59 -2.59%(24H Vol)
    $465,928,260.80
    Litecoin(LTC)
    litecoin
    $156.31 -2.67%(24H Vol)
    $699,503,867.43
    Chainlink(LINK)
    chainlink
    $21.38 -3.53%(24H Vol)
    $618,466,890.59
    TRON(TRX)
    tron
    $0.089 -2.52%(24H Vol)
    $1,467,416,555.70
    Bitcoin Cash(BCH)
    bitcoin-cash
    $453.20 -2.49%(24H Vol)
    $555,541,084.43
    Ethereum Classic(ETC)
    ethereum-classic
    $56.70 -4.88%(24H Vol)
    $948,186,754.07
    Algorand(ALGO)
    algorand
    $1.07 -3.26%(24H Vol)
    $140,255,392.30
    Stellar(XLM)
    stellar
    $0.284 -2.75%(24H Vol)
    $277,971,533.03
    Uniswap(UNI)
    uniswap
    $13.86 -3.38%(24H Vol)
    $202,031,144.62
    Monero(XMR)
    monero
    $343.47 -0.61%(24H Vol)
    $454,126,352.71
    Filecoin(FIL)
    filecoin
    $29.44 -4.60%(24H Vol)
    $382,447,381.50
    Decentraland(MANA)
    decentraland
    $3.22 -2.59%(24H Vol)
    $243,192,895.41
    Tezos(XTZ)
    tezos
    $4.45 -2.46%(24H Vol)
    $130,437,397.15
    The Graph(GRT)
    the-graph
    $0.545 -4.37%(24H Vol)
    $218,585,408.69
    Aave(AAVE)
    aave
    $247.09 -4.06%(24H Vol)
    $341,101,081.46
    EOS(EOS)
    eos
    $3.32 -2.98%(24H Vol)
    $517,456,400.26
    Waves(WAVES)
    waves
    $32.43 -13.23%(24H Vol)
    $964,986,256.70
    Zcash(ZEC)
    zcash
    $228.96 -5.13%(24H Vol)
    $216,620,142.78
    IOTA(MIOTA)
    iota
    $1.01 -3.59%(24H Vol)
    $51,440,481.57
    Maker(MKR)
    maker
    $2,887.86 -1.97%(24H Vol)
    $54,396,388.26
    Bitcoin SV(BSV)
    bitcoin-cash-sv
    $121.26 -1.65%(24H Vol)
    $169,521,566.78
    NEO(NEO)
    neo
    $30.47 -4.18%(24H Vol)
    $158,868,200.30
    Loopring(LRC)
    loopring
    $1.36 -3.80%(24H Vol)
    $163,221,211.76
    Dash(DASH)
    dash
    $155.80 -3.66%(24H Vol)
    $282,557,440.79
    Basic Attention Token(BAT)
    basic-attention-token
    $1.05 -4.51%(24H Vol)
    $78,639,789.15
    Pax Dollar(USDP)
    paxos-standard
    $1.43 0.110%(24H Vol)
    $11,975,269.98
    NEM(XEM)
    nem
    $0.146 -2.54%(24H Vol)
    $23,349,549.99
    Kava(KAVA)
    kava
    $6.66 1.56%(24H Vol)
    $146,996,608.13
    Decred(DCR)
    decred
    $81.86 -2.73%(24H Vol)
    $4,471,730.10
    yearn.finance(YFI)
    yearn-finance
    $28,451.35 -2.87%(24H Vol)
    $90,648,807.01
    Qtum(QTUM)
    qtum
    $9.53 -4.44%(24H Vol)
    $114,712,572.69
    OMG Network(OMG)
    omisego
    $6.60 -4.29%(24H Vol)
    $119,682,589.75
    Bancor Network Token(BNT)
    bancor
    $3.53 -3.79%(24H Vol)
    $20,816,731.83
    0x(ZRX)
    0x
    $1.05 -6.95%(24H Vol)
    $75,728,057.30
    Bitcoin Gold(BTG)
    bitcoin-gold
    $50.56 -5.38%(24H Vol)
    $17,710,188.16
    PAX Gold(PAXG)
    pax-gold
    $2,783.15 -0.04%(24H Vol)
    $15,091,837.53
    ICON(ICX)
    icon
    $1.14 -5.22%(24H Vol)
    $26,904,437.00
    Siacoin(SC)
    siacoin
    $0.015 -4.02%(24H Vol)
    $17,389,409.57
    Kyber Network Crystal(KNC)
    kyber-network-crystal
    $6.00 18.23%(24H Vol)
    $232,061,575.60
    NuCypher(NU)
    nucypher
    $0.573 -2.57%(24H Vol)
    $1,702,683.88
    REN(REN)
    republic-protocol
    $0.522 -6.90%(24H Vol)
    $49,150,870.89
    Nano(XNO)
    nano
    $3.40 -0.94%(24H Vol)
    $30,043,615.11
    Lisk(LSK)
    lisk
    $3.04 -3.71%(24H Vol)
    $10,793,825.22
    Fetch.ai(FET)
    fetch-ai
    $0.533 -6.17%(24H Vol)
    $42,261,034.86
    Civic(CVC)
    civic
    $0.409 -5.11%(24H Vol)
    $26,622,774.86
    Aragon(ANT)
    aragon
    $6.46 -3.02%(24H Vol)
    $35,348,907.02
    Numeraire(NMR)
    numeraire
    $39.89 -1.85%(24H Vol)
    $3,497,901.10
    Band Protocol(BAND)
    band-protocol
    $5.63 -4.49%(24H Vol)
    $28,242,636.27
    Orchid Protocol(OXT)
    orchid-protocol
    $0.379 -5.06%(24H Vol)
    $22,996,761.58
    Storj(STORJ)
    storj
    $1.54 -4.58%(24H Vol)
    $28,169,358.86
    Enzyme(MLN)
    melon
    $80.59 -1.51%(24H Vol)
    $9,759,286.89

    Facebook’s Metaverse Will Incorporate NFTs

    Jean Lee by Jean Lee
    November 11, 2021
    in Business
    Gold Bitcoin coins pile with the Facebook logo on smartphone screen
    Share on FacebookShare on Twitter

    Social media platform giant Facebook has changed its name to ‘Meta’ as part of their ambitious move to build their own metaverse. The company said on Oct 28th that its metaverse will incorporate NFTs.

    Facebook, Now Meta, Heading Towards Metaverse  

    Metaverse has become a trending topic in 2021 and is considered to be a market full of potential. It is a shared virtual universe that combines physical, virtual reality and the internet. Facebook renamed itself to Meta as a bet on the growing value of the metaverse. Its stock ticker will be changed from FB to MVRS, effective from Dec 1st.

    As explained in the company’s introduction to Meta, Facebook’s metaverse “will feel like a hybrid of today’s online social experiences, sometimes expanded into three dimensions or projected into the physical world”. The company believes that the metaverse will create a brand new type of virtual commodity, market and service economy.

    “Our hope is that within the next decade, the metaverse will reach a billion people, host hundreds of billions of dollars of digital commerce, and support jobs for millions of creators and developers.” Mark Zuckerberg, the founder of Facebook and CEO of Meta, said in an open letter.

    The tech company revealed that it will launch a series of metaverse units including VR hardware Cambria and updating Spark AR. NFTs will also be a part of Meta’s universe. 

    NFTs will be Supported in Facebook’s Metaverse

    NFTs, Non-Fungible Tokens, are critical for metaverses as it will help to ascertain the digital ownership of identities, products or assets of different items in the metaverse. Many believe that NFTs are the access to the metaverse. 

    “Having programmable money and smart contracts on top of a purpose-built blockchain (Diem) is going to be transformational for the metaverse,” David Marcus, head of Facebook Financial and the Novi crypto wallet, said in August. “If you’re a creator and you’re creating an NFT. You may want to rent your NFT, you may want to sell your NFT. You’ll have to store your NFT.”

    To content creators and developers, Facebook’s metaverse will offer more business opportunities through NFTs. “Our goal is to provide a way for as many players as possible to build a business in the metaverse.” Vishal Shah, Facebook Head of Metaverse, said.

    According to Shah, Facebook’s metaverse will make it easier for people to sell Limited Edition digital objects like NFTs and display them in their digital space and even resell them to the next person securely.

    Details on how Facebook’s metaverse will differ itself from existing open source metaverses like Decentraland or how it will incorporate NFTs into its metaverse remain undisclosed, although it is generally believed that its NFTs and corresponding economic mechanism will involve Facebook’s Novi crypto wallet and Diem (a proposed stablecoin formerly known as Libra), which was pushed back by US lawmakers last month and ordered to “discontinue” for the risks it poses to “financial stability”.

     

     

     

     

    Previous Post

    MicroStrategy CEO Michael Saylor reveals personal BTC holdings

    Next Post

    Australia’s largest Bitcoin mining farm plans to only use renewable energy

    Related Posts

    The BlockCrypto Shares A New Document Showing Binance's 300M Investment in Terra
    Business

    The BlockCrypto Shares A New Document Showing Binance’s 300M Investment in Terra

    May 18, 2022
    Altcoin News, Trading
    Where Are The $3.5B Terra Reserve Now?
    Business

    Where Are The $3.5B Terra Reserve Now?

    May 17, 2022
    Altcoin News, Terra
    Aurora Funds $90 Million For Defi Developers On NEAR Protocol
    Business

    Aurora Funds $90 Million For Defi Developers On NEAR Protocol

    May 16, 2022
    Altcoin News, DeFi
    Australia Launches Its First Bitcoin And Ethereum Spot ETFs
    Business

    Australia Launches Its First Bitcoin And Ethereum Spot ETFs

    May 16, 2022
    Australia, Bitcoin News, Ethereum News
    Next Post
    solar panels and wind generators under blue sky on sunset

    Australia's largest Bitcoin mining farm plans to only use renewable energy

    Leave a Reply Cancel reply

    Your email address will not be published. Required fields are marked *

    Follow Us

    Coin Culture Twitter    Coin Culture Facebook    Coin Culture Twitter   

    About

    About Us

    Write for Us

    User Sitemap

    Bitcoin Giveaway

    Ethics Policy

    Terms and Conditions

    Categories

    • Business
    • Crypto Exchange Reviews
    • Currencies
    • Exchanges
    • Markets
    • People
    • Policy & Regulation
    • Tech

    Useful Guides

    Bitcoin

    Bitcoin Cash

    Blockchain

    Ethereum

    Ripple

    Trading

    Browse by Tag

    Adoption Altcoin News Australia Banks Bitcoin Bitcoin News Blockchain Blockchain News btc Business Cardano Cardano News CBDC China Coinbase CoinSpot Crypto Cryptocurrencies DeFi Dogecoin News El Salvador ETF Ethereum News Exchanges Games India Markets Metaverse Mining NFT Opinion People Policy and Regulation Russia SEC Security Shiba Inu Shiba Inu News Solana Stablecoins Tax Tech Terra Trading U.S.

    Recent Posts

    • Polygon, Juno, And Fantom Strive To Attract Terra-Based Projects
    • Bitcoin Holders Hit An All-Time High Of 841,224 – The Coming Months Might Be Prime To Stash Bitcoin
    • The Guy Breaking Into Terra CEO’s Residence Was A $2m Losing Crypto Trader

    © 2021 CoinCulture. All rights reserved.

    No Result
    View All Result
    • News
      • Latest News
      • Currencies
      • Tech
      • Markets
      • Policy Regulation
      • Business
    • Features
    • Australia
    • Topics
      • Bitcoin
      • Ethereum
      • Defi
      • NFT
      • Gaming
      • Trading
    • Exchanges
      • Latest News
      • Recommended Exchanges
      • How to Buy Bitcoin
      • How to Sell Bitcoin
    • Guide
      • All Guide
      • Bitcoin Guide
      • Ethereum Guide
      • Blockchain
      • Trading
      • ICO Guides
      • Currencies
        • Bitcoin Cash
        • Ripple

    © 2021 CoinCulture. All rights reserved.