Metaverse-themed tokens in the cryptocurrency ecosystem gained more than 70% after Facebook announced that it would change the company name to Meta.
According to CoinGecko data, Decentraland (MANA) and StarLink (STARL) prices have changed, respectively, in the last 24 hours. 75.1% and 57.2% increased.
Based on the Ethereum blockchain, Decentraland offers its users digital plot where they can buy or produce new content and applications, experience them and profit from them. a virtual reality platform provides. Lands, goods and services on this platform can be purchased for MANA.
SAND, which is used for shopping in The Sandbox ecosystem, gained approximately 33.3% in value on a daily basis, while the number of daily active players of Sky Mavis approaching 2 million AXS, the token of the game Axie Infinity, was valued by 12.4%.
AXS developer Sky Mavis is in a Series B investment round led by Andreessen Horowitz (a16z), according to an announcement earlier this month. $152 million invested and approx. $3 billion valuation reached.
Facebook changes company name
The activity in Metaverse-themed tokens has led to Facebook detailing its plans to create a virtual environment and changing its corporate name. update as meta subsequently recorded.
It first entered dictionaries after it was introduced in 1992 by science fiction writer Neal Stephenson. metaverse The concept was adapted for the screen by Ernest Cline. Ready Player One He gained fame by being reimagined in his novel.
Mark Zuckerberg, the founder of Facebook, is in this virtual platform that they plan to create. “where they can get together with friends and family to work, learn, play, shop and create new things” told.
The focus of Meta’s work is metaverse While it has been announced that it will implement the design of the company, the company will be listed on the stock market as of December 1st. with MVRS code announced that it will start trading.
Facebook has been working on its metaverse strategy for a while. non-fungible tokens (NFT) announced that it will take part.
Centrality discussions begin for Metaverse
In order to bring this virtual platform to life, Facebook 10 billion dollars that he has allocated a budget and that he will be recruited from across Europe in the next 5 years to work on this project. 10,000 people announced that he would be hired.
Facebook acquires virtual reality company Oculus incorporated in 2014 had added.
The platform, on which the social media giant will lay the foundations, will be in the cryptocurrency ecosystem. blockchain-based metaverse projects It is not known what the differences will be compared to
In an analysis report shared by the IntoTheBlock research unit on Friday, Facebook’s platform will be compared to projects based on decentralized platforms such as Ethereum. may lag behind in terms of transparency and security. specified.
“There is a sharp distinction between metaverses that can be built based on web 2 and metaverses that can be built based on web 3. Although it is not yet clear in what direction these will develop, crypto- [tabanlı] a metaverse more an inclusive and secure network promises.”