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RE: The Metaverse Is Not The Next Big Thing And What is by taskmaster4450le

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· @taskmaster4450le ·
RE: The Metaverse Is Not The Next Big Thing And What is
Before we can even begin having a serious conversation about the Metaverse, we need to seriously build out [Web 3.0](https://leofinance.io/@leoglossary/leoglossary-web-3-0).  This is the foundation that will have a major impact upon the ensuing development.

[Decentralization](https://leofinance.io/@leoglossary/leoglossary-decentralization) is going to be key.  For that reason, [blockchain](https://leofinance.io/@leoglossary/blockchain) is going to be one of the main default [database](https://leofinance.io/@leoglossary/leoglossary-database) structures we see.   With commerce, it is hard to say that [cryptocurrency](https://leofinance.io/@leoglossary/cryptocurrency) is not going to swallow that up.

We also have [NFTs](https://leofinance.io/@leoglossary/leoglossary-non-fungible-token-nft) operating as the ownership mechanism.  

Much of the talk about the metaverse is on how it is accessed.  While that is vital, we are now see the more important basis being erected.  With [wallet](https://leofinance.io/@leoglossary/leoglossary-wallet) systems, ownership mechanisms, and the [infrastructure](https://leofinance.io/@leoglossary/leoglossary-infrastructure-computer) around [digital assets](https://leofinance.io/@leoglossary/leoglossary-digital-assets), we are entering a completely new realm.

This means that [Leofinance](https://leofinance.io/@leoglossary/leoglossary-what-is-leofinance), with all that it is seeking to accomplish is in the ball game.  It could be the equivalent to a major company in [Web 2.0](https://leofinance.io/@leoglossary/leoglossary-web-2-0).

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-taskmaster4450-ytkod)
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