What is NFT and metaverse?

The metaverse is a future evolution of the Internet based on persistent, shared virtual worlds in which people interact as 3D avatars . Blockchain technology may provide the backbone of the metaverse, with interoperable NFT assets that can be used across different metaverse spaces.

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Can you invest in metaverse?

Buying land on the metaverse is usually done with cryptocurrencies – Ethereum is a popular choice, as are SAND (the currency connected with gamified metaverse platform The Sandbox) and MANA (connected to the community-based Decentraland platform). So getting hold of these is usually the first step.

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Does metaverse have a crypto?

The Sandbox 2 metaverse cryptocurrency currently has a market cap of $4.5 billion. But The Sandbox has been a much bigger winner than Decentraland over the past 12 months, with its native SAND token soaring close to 1,670%. Like Decentraland, The Sandbox is a virtual world that uses a DAO model.

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