The Metaverse and Crypto: How Digital Worlds Are Powered by Blockchain

altcoin chronicle

04 Feb 2025 — 1 min read

The metaverse is a digital space where users can interact, work, and play using blockchain technology. Crypto assets like NFTs and virtual real estate are integral to these digital worlds, allowing users to own and trade digital assets.

Projects like Decentraland and The Sandbox are leading the way in building blockchain-powered virtual environments. These platforms use cryptocurrencies for transactions, land purchases, and governance.

As the metaverse expands, its reliance on blockchain technology will increase, enabling new opportunities for decentralized economies, social interactions, and business models.

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Experts Debate Timeline for Achieving Artificial General Intelligence (AGI)

China Debates Management of Seized Cryptocurrencies

Russia Advocates for Development of Domestic Stablecoins

Kraken Lays Off Hundreds Ahead of Planned IPO