The world famous TIME magazine, cryptocurrencies carried the concept of Metaverse, which is closely related to
TIME: “The Metaverse Will Change People’s Lives”
However, in the article written by Matthew Ball, the magazine reported that the Metaverse will change people’s lives and that this change should be strived for for the better.
The magazine also stated that this virtual world has been increasingly mentioned in SEC documents in recent years.
Facebook’s renaming of “Meta” helped the Metaverse concept reach its peak in 2021. In its article published by TIME, giant companies such as Amazon, Apple, Google, Microsoft, Nvidia and Tencent are also investing in this sector, in addition to Facebook.
“More Effort Needed to Shaping the Metaverse”
The famous magazine said that Metaverse, which is actually a 30-year-old concept, has gradually entered our lives in today’s world and stated that if it is desired to build a good future, it is necessary to make attempts to organize this world as well as invest in this virtual world.
In the magazine, it was explained that there are many attempts on virtual reality in today’s world, but it is not clear what the concept of Metaverse will have in terms of society.
TIME also touched upon the relationship between Web3, cryptocurrencies and Blockchain concepts and the Metaverse. While these concepts are important to reflect the potential of the Metaverse, they consist only of principles and technologies, according to the magazine. The magazine also said that many Metaverse leaders are skeptical about the future of cryptocurrencies.
*Not investment advice.