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ARTICLE · 28 FEBRUARY 2022

The Money-verse: Money In The Metaverse

Winston Taylor
Explore more from Winston Taylor

As we touched on in our prior posts, NFTs and Their Role in the Metaverse and Lions, Tigers, and Meta-Wolves: Oh My!, Non-Fungible Tokens (NFTs) have arrived and are now inextricably linked...

United StatesTechnology
Tyler Boyce
Tyler Boyce
Michael Tomasulo
Michael Tomasulo

As we touched on in our prior posts,  NFTs and Their Role in the Metaverse and  Lions, Tigers, and Meta-Wolves: Oh My!,  Non-Fungible Tokens (NFTs) have arrived and are now inextricably linked to the Metaverse, the concept of interconnected virtual worlds in which businesses have been heavily investing.1 Mark Zuckerberg hopes for billions of users to join his version by the end of the decade.2 Platforms such as Axie Infinity imagine a "future where work and play become one."3 Businesses betting on the concept aim to incorporate everyday life into the Metaverse, a world encompassing virtual reality hubs, where users utilize smartphones and visors as a means to interact with virtual environments. 4 The term Metaverse has received considerable traction online in the wake of Facebook's rebrand to "Meta" in October.5 As more money continues to pour in, the chances of the metaverse becoming an even more influential platform only continue to rise.

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