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All The Talk About The Metaverse Is Going To Help Crypto by taskmaster4450

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hive-167922 · @taskmaster4450 ·
$120.33
All The Talk About The Metaverse Is Going To Help Crypto
<center>

[![](https://img.3speakcontent.co/isdfwozr/thumbnails/default.png)](https://3speak.tv/watch?v=taskmaster4450/isdfwozr)

▶️ [Watch on 3Speak](https://3speak.tv/watch?v=taskmaster4450/isdfwozr)

</center>

---

I was going to title this something different but I actually will do a separate video about what I discuss at the end.

Over the last couple months, the word "metaverse" is thrown out there a great deal.  This is diluting the meaning to a degree.  Nevertheless, even though we are undergoing a multi-decade process, we are looking at some benefit coming from it.

In this video I discuss how this is favoring cryptocurrency and blockchain.  There is an important compotent this provides.

---

▶️ [3Speak](https://3speak.tv/watch?v=taskmaster4450/isdfwozr)
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@acesontop ·
$0.19
You can bet it will take more horrific events before people will realize how poisonous centralization is. Look at how obedient most of us are during this pandemic when fundamental freedom rights and liberties are being stolen.   

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@taskmaster4450le · 
Most people do not pay attention.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-acesontop-3ck4d)
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@ai-summaries · 
**Summary:**
In this video, Task discusses the concept of the metaverse in relation to cryptocurrencies. He mentions that the current hype around the metaverse is overblown, and the actual development of a full-fledged metaverse will take many years due to technical challenges like processing power, payment systems, and security. Task highlights the importance of blockchain and cryptocurrency in the future metaverse, emphasizing the need for decentralization and open-source systems. He expresses concerns about centralized entities like Facebook and Microsoft controlling the metaverse for their profit. The video concludes with a discussion on the development of NFTs, decentralized exchanges, secure wallets, and Web3 technologies, with predictions for the growth of DAOs in the coming years.

**Detailed Article:**
Task delves into the ongoing buzz surrounding the metaverse and its implications for the cryptocurrency realm. He points out the saturation and overuse of the term "metaverse," cautioning that the actual realization of a fully functional metaverse will be a gradual process lasting several decades. Key technical challenges including computational power, edge computing, micropayment systems, and security protocols need to be overcome before a true metaverse can emerge.

Furthermore, Task stresses the crucial role of blockchain and cryptocurrency in shaping the future metaverse, advocating for a decentralized and interoperable ecosystem. He criticizes tech giants like Facebook, Microsoft, and Google for their centralized control tendencies, highlighting the need for a more democratized and community-driven approach to the metaverse development.

Task shifts the conversation towards the significance of ownership models in the metaverse, underscoring the prevalence of NFTs and blockchain technologies in enabling virtual asset ownership. He acknowledges the rapid growth of NFTs despite concerns about premature valuation surges, emphasizing the importance of decentralized systems over centralized counterparts.

Moreover, Task explores the evolution of decentralized finance (DeFi), NFTs, and the emerging concept of DAOs (Decentralized Autonomous Organizations). He anticipates a continued trajectory of growth in these areas, projecting 2023 to potentially be the year of the DAO. Task advocates for community-driven projects over founder-controlled initiatives, emphasizing the importance of user-centric development in fostering sustainable growth.

In conclusion, Task emphasizes the gradual evolution of Web3 technologies as a fundamental building block for the future metaverse. He envisions a growth in decentralized platforms and projects, potentially marking 2023 as the year of Web3. Task encourages viewers to remain cautiously optimistic about the metaverse's development while focusing on the tangible progress of Web3 technologies in the near future.
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@aiovo ·
$0.15
im trying to get in metaverse like I bought some sand mana sps and hero token cause I think metaverse is the future of lots of social activities
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vote details (1)
@bitcoinflood ·
$0.14
I think one of the biggest keys to all of this is that developers act as mini companies so they care A LOT more about building quality and innovation while mega companies seem way behind the times and a weird variation of what they think the metaverse is. 

I also see all of this as the rebirth of the entrepreneur and small business which I LOVE!

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vote details (1)
@taskmaster4450le · 
Without a doubt.  We are going to see a lot more fragmentation.  The idea of communities becoming business structures is a really interesting transformation.

There is a lot that will be upended.

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@forthefree19 ·
$0.14
Uneducated question, how decentralised is the metaverse?
👍  ,
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vote details (2)
@taskmaster4450le · 
Considering it isnt here yet, cant answer that question.

If it is up to Zuckerberg, it will be completely under his realm.

Others have a different opinion of how it should go.

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@jfang003 ·
$1.39
So what do you think will be part of Facebook's metaverse? I think their own closed system is guaranteed to show up and it's about how much control this will give them. I really hope they don't become the gatekeeper. 

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vote details (8)
@taskmaster4450le ·
$0.03
It is evident what they are trying to do.  However, in the end, they will fail simply because there are so many other directions this can go.

However, Facebook will prevail for a while.  We simply need to develop around it.  I think Hive Account Management system is vital.

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@selfhelp4trolls ·
$0.17
Gotta give you credit for always seeing further than most people.  Why do you know so much about everything? lol
👍  
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@taskmaster4450le ·
$0.35
Because I am usually the smartest person in the room.

Of course I am alone 99.5% of the time so that makes it easy.

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@cryptothesis · 
!LOLZ
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@selfhelp4trolls · 
Hahahaha 🙇‍♂️<div class="pull-right"><a href="/@hive.engage">![](https://i.imgur.com/XsrNmcl.png)</a></div>
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@tarazkp ·
$0.14
I think it goes hand in hand with crypto for sure.
👍  
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