Metaverse Investments – The Crypto Hawk

Is It Risky to Use Cryptocurrency on Sports Betting Websites?

by The Crypto Hawk on February 27, 2023

In recent years, cryptocurrency has become a popular method of payment for sports betting websites.

The use of digital currencies such as Bitcoin, Ethereum, and Litecoin provides several advantages over traditional payment methods, including lower transaction fees, faster processing times, and increased security.

However, there are also risks associated with using cryptocurrency for sports betting. In this article, we will explore the potential risks and benefits of using cryptocurrency for sports betting and provide some examples of sports betting websites that accept cryptocurrency.

Benefits of Using Cryptocurrency for Sports Betting

Use Cryptocurrency on Sports Betting Websites

There are several benefits of using cryptocurrency for sports betting. Here are some of the most significant advantages:

Increased Security

One of the biggest advantages of using cryptocurrency for sports betting is increased security. Unlike traditional payment methods such as credit cards, which can be subject to fraud and identity theft, cryptocurrency transactions are anonymous and cannot be traced back to the user.

This makes it a safer option for online transactions, especially when dealing with sensitive financial information.

Faster Processing Times

Another advantage of using cryptocurrency for sports betting is faster processing times. Traditional payment methods can take several days to process, but cryptocurrency transactions can be completed in a matter of minutes or even seconds.

This allows users to quickly deposit and withdraw funds from their sports betting accounts, making it more convenient and efficient.

Lower Transaction Fees

Using cryptocurrency for sports betting can also save users money on transaction fees. Traditional payment methods often charge high fees for transactions, especially for international transfers.

Cryptocurrency transactions, on the other hand, usually have lower fees or no fees at all, making it a more cost-effective option.

Sports Betting Websites

Finally, using cryptocurrency for sports betting can give users access to more sports betting websites. Many sports betting websites only accept traditional payment methods, such as credit cards and bank transfers.

However, an increasing number of sports betting websites are now accepting cryptocurrency, which means that users can choose from a wider selection of websites. Some examples of sports betting websites that accept cryptocurrency include:

Bovada: Bovada is a popular sports betting website that accepts Bitcoin and Bitcoin Cash. Users can make deposits and withdrawals using cryptocurrency, and they can also take advantage of special bonuses and promotions for using this payment method.

BetOnline: BetOnline is another sports betting website that accepts cryptocurrency, including Bitcoin, Ethereum, Litecoin, and Ripple.

Users can make instant deposits and withdrawals using cryptocurrency, and they can also receive special bonuses for using this payment method.

5Dimes: 5Dimes is a well-established sports betting website that has been accepting cryptocurrency since 2014.

Users can make deposits and withdrawals using Bitcoin, Bitcoin Cash, Litecoin, and Ethereum, and they can also take advantage of special promotions for using cryptocurrency.

Risks of Using Cryptocurrency for Sports Betting

While there are several benefits of using cryptocurrency for sports betting, there are also risks that users should be aware of. Here are some of the most significant risks:

Volatility

One of the biggest risks of using cryptocurrency for sports betting is volatility. Cryptocurrency prices can be highly volatile and unpredictable, which means that the value of a user’s funds can change rapidly.

This can be especially risky for users who hold large amounts of cryptocurrency, as they may experience significant losses if the value of their cryptocurrency drops suddenly.

Lack of Regulation

Another risk of using cryptocurrency for sports betting is the lack of regulation. Unlike traditional payment methods, cryptocurrency is not regulated by any government or financial institution.

This means that users have fewer protections in the event of fraud or other illegal activities.

Security Risks

While cryptocurrency transactions are generally more secure than traditional payment methods, there are still security risks associated with using cryptocurrency for sports betting.

Hackers may attempt to steal cryptocurrency from users’ wallets or from sports betting websites, and users may also be vulnerable to phishing scams and other forms of fraud.

Limited Acceptance

Finally, while an increasing number of sports betting websites are accepting cryptocurrency, there are still many websites that only accept traditional payment methods.

This can be a limitation for users who prefer to use cryptocurrency for sports betting, as they may not be able to access all of the websites that they want to use.

FAQ’s

As for the FAQ’s, here are 10 commonly asked questions about using cryptocurrency for sports betting:

Is it legal to use cryptocurrency for sports betting?

This depends on the laws and regulations in your country or region. In some areas, using cryptocurrency for sports betting is legal, while in others, it may be restricted or prohibited.

Are sports betting websites that accept cryptocurrency safe?

As with any online transaction, there are risks involved. It’s important to choose a reputable sports betting website that has a track record of security and reliability.

What are the advantages of using cryptocurrency for sports betting?

Advantages may include faster transactions, lower fees, and increased anonymity.

What are the disadvantages of using cryptocurrency for sports betting?

Disadvantages may include the volatility of cryptocurrency prices, lack of regulatory oversight, and potential security risks.

Can I use any type of cryptocurrency for sports betting?

This depends on the sports betting website. Some websites accept multiple types of cryptocurrency, while others may only accept certain types.

How do I purchase cryptocurrency for sports betting?

You can purchase cryptocurrency on a cryptocurrency exchange or through a peer-to-peer marketplace. Be sure to choose a reputable platform and follow proper security measures.

What happens if the price of cryptocurrency changes while I’m betting?

This can affect your potential winnings or losses. It’s important to keep track of the current price of your chosen cryptocurrency and to make informed decisions.

Are there any taxes or fees associated with using cryptocurrency for sports betting?

This depends on the tax laws in your country or region. In addition, there may be transaction fees associated with using cryptocurrency.

How do I withdraw my winnings in cryptocurrency?

This depends on the sports betting website. Some websites allow you to withdraw your winnings in cryptocurrency, while others may require you to convert your winnings to a different currency.

Can I get scammed while using cryptocurrency for sports betting?

While there is always a risk of scams in any online transaction, you can take steps to protect yourself by choosing a reputable sports betting website, using a secure wallet, and practicing responsible gambling habits.

Conclusion

In conclusion, using cryptocurrency on sports betting websites can be a convenient and secure option for some users. However, it’s important to be aware of the potential risks involved, including the volatility of cryptocurrency prices and the lack of regulatory oversight in the cryptocurrency market. It’s also important to choose a reputable sports betting website that accepts cryptocurrency and to take necessary precautions, such as using a secure wallet and practicing responsible gambling habits. By weighing the pros and cons and taking these steps, users can make an informed decision about whether to use cryptocurrency for sports betting.

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Metaverse Effect on Business

by The Crypto Hawk on May 24, 2022

The Metaverse Effect on Business Development is huge. Facebook founder Mark Zuckerberg has changed his company name to Meta to achieve his latest ambition of creating a 3-dimensional virtual world called the Metaverse. But what is the Metaverse?

To find out more about the Metaverse world, please refer to the following discussion, OK!

In Metaverse, too, you can build public facilities such as malls, offices, schools, recreation areas to sell land/virtual stalls.

Therefore, getting as many people as possible to want to live in a virtual world is a dream that Metaverse developers want.

However, how can they create the virtual world? Of course, collaboration and technology from various companies are needed to realize the Metaverse.

The Metaverse Effect on Business and How the Metaverse World Works

There are 3 Technological Components to Realize the Metaverse.

Augmented Reality (AR)

Augmented Reality (AR) is a technology that combines 2-dimensional and or 3-dimensional virtual objects and then projects these virtual objects into an environment and real-time.

Virtual Reality (VR)

Virtual Reality (VR) is a technology that allows users to interact with a computer-simulated environment, an authentic environment in the real world that is copied into the imagination in the form of a fictional environment.

Artificial Intelligence (AI)

Simulations of the intelligence possessed by humans are then modeled in machines and programmed to think like humans are artificial intelligence (AI).

Metaverse Development Program

The Metaverse is a collection of virtual spaces that you can construct and explore with individuals who aren’t physically present with you.

The set of virtual spaces also opens up new opportunities and broader job opportunities.

In Metaverse, you can make a career and do business. You can create virtual museums, build malls and put up billboards. Collect fees and commissions from each visitor or sale that occurs.

If you’re an architect, you could sell virtual home design services on Metaverse and work with a programmer to build the house for a client.

Not only that, but you can also build a car factory and sell the cars to the inhabitants of the Metaverse.

Metaverse will encourage free competition, there will be fair competition, everyone is treated equally, and only high-quality products will win the competition.

Parties Participated in the Development of Metaverse

There are 3 major players who are going to make Metaverse into reality.

MICROSOFT

Microsoft focuses on building the enterprise version of Metaverse, aimed at large companies or corporations that want to boost employee productivity.

WIR GROUP

WIR Group is a leading company and market leader in Southeast Asia in digital reality technology (artificial intelligence, augmented reality, and virtual reality).

WIR, which stands for We Indonesians Rock, Rise, and Rule, has been around for more than 10 years and produces programming and augmented reality technology innovations in more than 20 countries.

Metaverse Is Both An Opportunity And A Threat To Business

As the founder of the Facebook Company, Mark Zuckerberg introduced Oculus glasses to President Jokowi.

While visiting the social networking office, President Jokowi played virtual ping pong, but there were no actual balls and the ping pong table.

Overall, these Oculus goggles are shaped like diving goggles but are equipped with closed lenses.

These glasses will make the five senses feel the natural sensation in the virtual world environment with a virtual reality system.

Mark Zuckerberg also said that this is the beginning; everything will be virtual, everything will appear called the Metaverse, ranging from virtual restaurants, virtual offices, virtual tours, to virtual malls.

Public Service

Public services are all forms of services, both in the form of public goods and public services, which in principle are the responsibility and carried out by Government Agencies.

For example, complaints against an administration that occur digitally. The government wants to speed up the service process for the community to get convenience.

Tourism Sector

The tourism sector is one of the potential and strategic service-based sectors in developing the national and regional economy.

Development in the tourism sector will affect the development of other economic sectors.

If possible, Metaverse Indonesia wants to provide jobs by working digitally in the Metaverse world.

Conclusion

From the explanation above, we can determine what the Metaverse is and its effect on business development.

Metaverse will benefit society and can change the way we socialize, work and do business. So, is your business ready if the Metaverse world has been implemented?

Metaverse Investments Metaverse Projects

10 Million Homes to be Sold in the Metaverse Virtual Universe

by The Crypto Hawk on March 29, 2022

The event titled ‘The Present and Near Future of the Industry’, Within the scope of the event, opinions on the Metaverse Virtual Universe, which is expected to affect all sectors soon, were given. In the Metaverse universe, which is the most important invention of the digital world after the internet, around 10 million virtual houses will be sold in 2022 and 2023. This situation will lead to a significant economy.

Organized by Re/Max Piramit Gayrimenkul, the event was attended by Re/Max Piramit Gayrimenkul Owner and Broker Hesna Yılmaz, as well as Economist Prof. Dr. Ali Hepşen, Lawyer Doğukan Ünüvar, Koç Özge Toraman and sector representatives attended.

Metaverse Virtual Universe: The Number Of Land Areas Will Increase

Promising a new virtual world Metaverse technology will bring along the real estate and real estate sectors’ needs. Professional groups such as virtual real estate specialists, risk management specialists, and real estate consultancy managers are expected to be among the professions that will attract attention in the Metaverse universe. The focus of those who spend time in the Metaverse universe will be to buy virtual lands. According to the statistics announced recently, the interest in platforms selling virtual land in the Metaverse universe has started to attract a lot of attention in Turkey. More than 20 thousand parcels are sold, increasing day by day.

Virtual Property Prices Will Rise

Metaverse Virtual Universe — Real estate investments and mortgage concept. House and stack of coins. Saving money for buy a house for family. 3d illustration

According to experts, around 10 million virtual real estates are expected to be sold in 2022 and 2023 with demand. Turkey is at the top of the list of countries that want to buy virtual real estate.

The Industry, Present, And Future

Re/Max Piramit Real Estate Owner and Broker Hesna Yılmaz, Who spoke at the conference titled “The Future and the Near Future of the Industry,” said that various issues that are closely connected to the industry will change the sector in 2022 and afterward. The issues that affect the present and future of the sector such as real estate price increases, rental rates, real estate law, the current situation of the markets in 2022 and their reflections on the sector, entrepreneurship, and the metaverse.”

Investors & Real Estate

Speaking at the event, Economist Prof. Dr. Ali Hepşen, on the other hand, made critical statements about the current situation of the markets and their reflections on the sector in 2022. Hepşen said, “2022 will bring with it a period when the supply is relatively limited, and the market demand is more intense. Therefore, investors, especially savers, will turn to real estate in an inflationary environment. I can say that the biggest reason, in my opinion, is that real estate makes the investors happy not only in Turkey but also in the world, with both the capital gain and rental income it provides against inflation in the long run.”

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Top 10 Blockchain Metaverse Projects

by The Crypto Hawk on March 7, 2022

The Metaverse is a virtual space where people interact with their avatars. Today, we are going to discuss the top 10 Blockchain Metaverse projects in this article.

Metaverse has existed almost since the beginning of the internet, with spaces like Second Life or Habbo. However, the introduction of Blockchain technology and NFTs have taken Metaverse a step further, allowing individual ownership and the creation of economies and markets.

Virtual Real Economies

In his science fiction novel Snow Crash, the Metaverse concept was devised by writer Neal Stephenson published in 1992. Stephenson envisioned a virtual environment without limitations, where people could adventure and enjoy their lives under their own rules.

Companies like Animoca Brands, Sky Mavis, Roblox Corporation, and others have created genuine digital universes. Anyone from anywhere in the world can access them to play, interact and socialize with others. However, Blockchain technology is taking the Metaverse concept beyond gaming and socializing.

The Metaverse allows the creation and development of entirely virtual businesses and economies. It is possible to study, work, negotiate, and much more in them.

The Facebook Corporation is ditching its social media business to conquer the Metaverse from its new Meta name. Facebook wants to provide its users with a digital universe to socialize, study, work, play, have fun, play sports, create businesses, buy and sell digital objects, connect, and much more.

Top 10 Blockchain Metaverse Projects and Their Sales

Thanks to integrating Blockchain technology in the Metaverse, users can enjoy and participate in actual digital ownership, developing their businesses and gaming economies. Blockchain and NFTs make it possible to demonstrate and maintain ownership of digital avatars, goods, items, objects, or the digital land.

Currently, brands like Atari, Nike, and Sotheby’s Amnesia Ibiza have already opened their markets in the Metaverse. Others, like Coca-Cola, have held parties in them. In addition, our newspaper has opened a branch in Decentraland, and Barbados will open embassies in various Metaverse starting in January.

1. Axie Infinity Metaverse

Axie Infinity, in the best Pokémon style, is a digital game and Metaverse where users can play, have fun and generate value through NFTs. This game features virtual creatures, called axies, raised, bought, sold, traded, or earned within the platform. Axie Infinity is one of the Blockchain games that popularized the “Play to Earn” mechanic worldwide.

Citizens of the Philippines and Venezuela are abandoning their formal jobs to dedicate themselves entirely to this digital game. At Axie, an average player can earn between $300 and $700 per month. Axie Infinity’s governance token AXS has grown over 30,000% in the past year.

Currently, Axie Infinity Metaverse has more than 1.2 million active users and has generated sales in the order of 3,400 million dollars. Initially, Axie Infinity was built on the Ethereum Blockchain. Still, earlier this year, it migrated to the Ronin second layer network, developed by Sky Mavis, to offer greater scalability and accessibility to users.

Axie Infinity is also developed as a crypto nation, where users can trade digital land. In February, crypto investor Flying Falcon paid $1.5 million for the Genesis estate within Axie. Flying Falcon said that Axie was becoming a country with its citizens, economy, and national identity.

2. Decentraland Metaverse

Decentraland, built on the Ethereum Blockchain, is the first user-owned open virtual world. In this Metaverse, users can build, create, and explore different virtual worlds decentralized.

Decentraland has its governance token called MANA, which allows users to decide on the development of the Metaverse through a DAO (Decentralized Autonomous Organization). In addition, it has the LAND token, an NFT based on the ERC-721 standard of Ethereum. Metaverse LAND allows users to prove and maintain digital land ownership, making monetization possible.

Decentraland has its digital market, where nearly 19,500 unique users have interacted. According to data from Non-Fungible, this Metaverse has celebrated 129,716 sales, with a total volume of 96.9 million dollars. This week’s most expensive sale made in this virtual universe was digital land lot #4339, sold yesterday for 618,000 MANA, valued at $2.4 million.

However, by the number of MANA tokens, the real estate firm Republic Realm bought the most expensive digital land in June of 2021. The company paid 1.3 million MANA, valued at about $913,228 at the close of the sale and about $5.2 million at press time.

Atari, Amnesia Ibiza, and Sotheby’s are the most recognized businesses based in Decentraland. In addition, the Barbados government recently announced that it would open its first digital embassy within this Blockchain Metaverse.

3. The Sandbox Metaverse

The Sandbox, also built on top of Ethereum, is a voxel-style Metaverse that allows users to enjoy different virtual experiences. In The Sandbox, users can play games, develop their digital worlds, access interactive applications, and trade other objects. In addition, through the SAND token, native to The Sandbox, users can monetize the game and generate returns.

Like Decentraland, The Sandbox is governed by its users through a DAO. Currently, the Metaverse is developing a competition event called Alpha, where users can enjoy 18 interactive experiences and earn rewards in exclusive SAND and NFT tokens.

The digital economy built on The Sandbox has grown exponentially in the last year. To date, a total of 126,313 sales have been made, with a volume exceeding 146.8 million dollars. In addition, the Sandbox has more than 18,280 active unique users.

4. Star Atlas Metaverse

Built on the Solana Blockchain, Star Atlas is a space-themed Metaverse focused on the MMO (Massive Multiplayer Online) experience. Star Atlas offers cinematic quality graphics built on Unreal Engine 5. Within this Metaverse, users can play, interact and monetize their objects, generating value through NFTs.

Although Star Atlas is one of the newest games and Metaverse in the industry, its community is snowballing. Currently, it moves about $48 million a day with its ATLAS token, according to data from CoinMarketCap.

Its CEO, Michael Wagner, stated that he would integrate DeFi (decentralized finance) as a fundamental part of the development of Star Atlas. Wagner wants to allow its users to trade tokens or participate in liquidity pools easily and all in one place.

Time adds Ethereum to its balance sheet and signs sponsorship with Galaxy Digital for Metaverse content.

5. Dream Space Metaverse

Somnium Space is a virtual reality Metaverse built on the Polygon Network. Users can immerse themselves in an alternate world. Through Somnium Space, users can create and customize their items and avatars. And trade them as NFTs to monetize the game and its experiences.

This Blockchain Metaverse also allows trading with digital land. Users can build anything they imagine, opening the doors to a new digital economy.

The Somnium Space Metaverse offers excellent graphics in 2D and 3D. In addition, it allows you to connect directly with the OpenSea NFT market to trade NFTs. Somnium Space was developed by Somnium Space Ltd and was officially launched in February last year.

To date, this Metaverse has traded more than 5,700 digital items and exceeds a turnover of $110.7 million.

Somnium Space has partnered with Pimax, Sony, High-fidelity, OpenSea, VR Education, Blockchain Gaming, and many others to build a genuinely decentralized Metaverse. It is one of the Metaverse chosen by Barbad9.

6. Roblox Metaverse

Roblox is the Metaverse chosen by Nike to launch Nikeland. Developed by the Roblox Corporation, the Roblox digital platform is an online video game environment where users can create and build their virtual worlds.

It has 200 million active users who can use the platform’s video game engine, Roblox Studio, to explore many immersive experiences within the game.

Roblox has 9.5 million developers and 24 million unique and different experiences, as indicated on its web portal. In 2019, Roblox developers generated $100 million in revenue.

7. Omniverse Metaverse

Omniverse is a Metaverse oriented toward institutions, companies, and content creators. Its goal is to design and make advanced 3D simulations of the real world.

This platform, developed by NVidia with NVidia RTX technology and Artificial Intelligence, has tools and services that help professionals simulate different situations or products to assess their impact in the real world.

Omniverse offers a digital ecosystem that allows its users to build and sell their extensions, applications, or micro services through the platform itself. It will soon launch a platform for NFTs to open an embassy.

8. Bloktopia Metaverse

Bloktopia is a decentralized Blockchain Metaverse designed to bring an immersive virtual reality experience to its user community. The immersive and attractive environment of Bloktopia is very similar to a shopping center, where users can live different experiences and generate real value.

This Metaverse is built and based on Ethereum’s second layer scalability network, Polygon Network. The building has 21 floors in total, in honor of the 21 million Bitcoin in the world.

Bloktopia, which will launch a beta version in March 2022, will allow its users to play, socialize, have fun, buy, and rent and sell properties and land, as well as carry out advertisements and sponsorships. It also plans to encourage education on all things crypto and Blockchain.

Bloktopia wants to become a center for training and social education. In addition, users can enjoy visualizations and content related to the crypto world.

BLOCK token holders are known as Bloktopians. Owners of these tokens will earn income in the Metaverse by doing any of the activities listed above. In addition, the developers of this Metaverse are preparing interactive experiences with 3D glasses and their NFT market.

9. Minecraft Metaverse

Although Minecraft was not designed initially on the Blockchain, an Enjin plugin released last year made it possible to integrate the Blockchain into the popular sandbox-style game. With EnjinCraft, Minecraft players and users can enjoy tokenization benefits and opportunities, making it possible to integrate, exchange, and use Blockchain-based game items or objects through servers. In this way, Minecraft players can develop new digital economies.

In Minecraft, users can explore different adventures, develop their worlds, or enjoy a game-based learning experience. Minecraft is one of the most popular games globally, with more than 150 million active users per month. The developer of this game and the digital world is Mojang Studios. Minecraft was purchased in 2014 by Microsoft for $2.5 billion.

10. Fortnite Metaverse

Fortnite, developed by Epic Games in 2017, is a game and virtual world that allows its players to enjoy different experiences. As Epic Games explains, Fortnite is a multi-experience world based on four game modes. Fortnite users can perform game competitions in different scenarios, fight battles, attend concerts or enjoy a movie, among many other things.

Fortnite is a virtual environment for fun, recreation, and socialization, which has become one of the most popular in the world. In the middle of this year, the number of active users in Fortnite in the world amounted to 350 million.

Metaverse Investments Metaverse Projects

The Real Estate Market in the Metaverse

by The Crypto Hawk on March 7, 2022

The deployment of virtual cities in the Metaverse has unleashed great opportunities for businesses related to the real estate market in the Metaverse.

Like in real life, the prices of virtual parcels in the Metaverse are quoted based on their location. The reasons for buying are the same as in the traditional market: invest and wait to appreciate or build.

Businesses and Real Estate Market in the Metaverse

In the second case, the simplest thing is to build a house or room for our avatar to interact with the community and be part of the ecosystem. But we can also start a co-work-type business, build a hospital, set up a store, or countless other business options that exist in reality, as do the advertising companies that install billboards in the Metaverse and lease them to brands Or those who are dedicated to the organization of events. Then, of course, there are also casinos, law offices, art exhibitions, cryptocurrency exchanges, and fashion stores.

In the future, the real estate sector will probably implement the creation of traceability records or AML services to offer this type of asset in the traditional market with the certainty of not falling into illicit practices or money laundering.

The design of the plots can be personal, but a pre-programmed design can also be purchased in the platform’s marketplace. For example, Decentraland sells ready-made designs for use in virtual plots. Just as DIY superstores offer houses and other prefabricated objects, Decentraland offers parks, houses, meeting places, and everything you can imagine.

Products in NFT Format

Real Estate Market in the Metaverse and nfts business

Many firms offer products in NFT format, ready to dress up our avatars in the Metaverse. Even virtual pets, with their corresponding accessories. Within these marketplaces, own names, corporations, or famous brands that have been registered are also marketed to obtain a profit when said companies choose to deploy their services in the Metaverse.

The Sandbox

In its 19 cities, there are virtual plots with returns of thousands of dollars. There are shopping malls, private islands, and other settings. Musician Snoop dog is building a mansion in The Sandbox, Adidas bought land in the sandbox, and Republic Realm invested $4.3 million in the land last year.

Decentraland

It is one of the platforms with the highest profitability records in its real estate developments. It has excellent options in its marketplace, financing, and constant development of new business possibilities. It is established that its market value is greater than the square meter of New York; Metaverse Group, with its real estate, closed a deal for a plot in Genesis City for 2.3 million euros.

Roblox

It is a Metaverse with the presence of big brands, like Nikeland. Beyond its falls last year, it continues with various developments. Within it, a game is implemented that allows users to operate in different areas, classifying it as an educational game.

Cryptovoxels

In this Metaverse, users acquire plots to create art galleries and shops. It is defined as a social and interactive world for creative people immersed in art. Its virtual land has become very popular, and it is very suitable for trading virtual assets related to art.

Axie Infinity

One of the best-known spaces in gaming is called “Play to earn.” Users use their plots for crops and achieve higher increases in the game. In addition to the plots, the state of the avatar and its path in the game are good sources of investment.

Mirandus

Another Platform for gaming purposes, where players need the plots to advance in the game.

Timonium Space

Similar to Second Life, it emphasizes virtual reality and implementing interaction between users.

Metaverse Investments

The Metaverse: The Virtual World Investments and the Big Players

by The Crypto Hawk on March 6, 2022

The Metaverse is a collection of interconnected and immersive environments that permit multi-sensory interaction on the web is regarded as the next step in the development of the internet and start of virtual world investments. Last year, it was a roaring success that attracted the attention of technology giants like Facebook, Apple, Google, Microsoft, and the manufacturer of the NVidia chip.

The curiosity of these firms in a virtual reality where conversations between individuals can occur via virtual avatars controlled with headphones and glasses and headphones has also stimulated the interest of small and medium investors.

Digital Innovation and Blockchain

Specialized Program in Digital Innovation and Blockchain in the IEB (Institute of Securities Market Study) identify three different ways to invest in shares of companies which are part of their business activities in the virtual universe. The purchase of NFTs (non-fungible token) “that represent property with rights of exploitation in the Metaverse”.

In addition to as trading in cryptocurrencies that are part of the Metaverse ecosystem, and via ETFs, investment funds whose shares are traded as though they were shares of which the companies that are linked with this tech are a part or are working toward it shortly.

In this way, brokers such as “Plus 500” are betting on the paths mentioned, offering shares of companies like Facebook (Meta), NVidia, and Disney. Additionally, there are funds like ‘ETF Roundhill Ball Metaverse‘ that are connected to the ‘Ball Metaverse Index‘ which includes 40 companies from all over the globe that are part of the Metaverse.

The Metaverse also provides the opportunity of investing in this virtual universe by investing in CFDs (contracts that trade indifference) of cryptocurrencies like Bitcoin and Ethereum. The seller will reimburse the purchaser the amount between the present value and the value when the agreement expires.

Another instance is example is the Spanish platform that specializes in services for a cryptocurrency called ‘Oubita and has just added 10 new cryptocurrencies to its collection, including MANA (Decentraland) as well as Sand (Sandbox) which is the first of which is an Ethereum token, which can purchase virtual land on the Decentraland platform. In addition, Sand is a token that allows transactions to be conducted on a different platform, dubbed “The Sandbox”.

Virtual World Investments

The Metaverse tokens can be described as a virtual currency that enables users to conduct digital transactions in the Metaverse.

“It might be a boom this year,” however…

What is the most effective option? Do they represent risky investments? However, do they offer huge rewards? Or are we dealing with more stable instruments? According to Sergio Gualix, founder and CEO of ‘Oubita‘ everything connected with Metaverse “could become a major success this year. Many businesses and Metaverses are being launched to appeal to a population of 18-25 years old”.

The Metaverse Technology

Metaverse isn’t a new concept and has been around “for quite a while” however, the major technology companies have come up with ways to make money and make money from this virtual world. However, the chief of “Oubita” cautions against the “very high risk “of this technology and is strongly committed to investing in cryptocurrencies compared to other alternatives like ETFs. This way highlights the long-term character of this type of investment.

Conclusion:

The investments “with the highest return, however, with a higher risk ” are cryptocurrency and NFTs (tokens or payment currencies) that comprise the ecosystem of the Metaverse. Therefore, this expert suggests that seeking lower-risk ETFs (investment funds) is the best option. Since the Metaverse has a relatively high growth rate, they will provide us with an acceptable chance of risk” is the conclusion of this specialist.

Particularly, as per an investigation by the specialized consultant company Grayscale Investments, only in the third quarter of 2021, all things related to the Metaverse (also known as web 3.0 (NFTs gaming) has raked in the sum of 1,000 million dollars of financing with 14 agreements. However, only the spending on transactions like the sale of virtual goods, land, and services has surpassed $200 million.

Metaverse Investments

The Metaverse Future and Internet Investments

by The Crypto Hawk on March 5, 2022

The Metaverse future is a concept that a lot of people are talking about nowadays. It can be related to digital environments, investments, cryptocurrencies, and even Mark Zuckerberg and Facebook.
The Metaverse is a set of interconnected digital environments that allow a multisensory experience. This type of interaction is cataloged as the future of the internet and aligns with Mark Zuckerberg latest release.

This is Meta, established as the parent company of the Facebook, Instagram, and WhatsApp platforms. In addition, this change of name (and concept) kicks off the Metaverse development, which was established as the priority for the technology company. According to experts, this digital universe promises to transform users’ online experiences radically.

In this new digital plane, you will be able to interact with friends, do different activities, and even invest in virtual real estate.

Tech giants like Microsoft, Apple, and Google are already interested in the topic and are expected to join in the development geared towards this technology area.
Below you can review Mark Zuckerberg presentation on Meta, where he talks about this new concept.

How Does It Work?

This new environment would be oriented to be enjoyed with virtual reality glasses. Each user must create an avatar, which would be an extension of the person in cyberspace.

The difference with today’s virtual ecosystem is that everything would happen in three dimensions, with the user immersed in the digital environment through the glasses.

According to its precursors, this new technology would allow new advances in science and medicine, allowing more direct interaction between collaborators.

For example, experts from different countries could gather in the same virtual operating room to witness the same intervention.

The same would happen with work meetings, concerts, and friends or family gatherings. That is to say; you could go to work or be at the recital of your favorite artist without being physically there.

Who Would Create The Metaverse Future?

Different companies are expected to join the creation of the Metaverse. Microsoft, as mentioned above, Apple and Google could collaborate with Facebook in the construction of the virtual environment, where millions of dollars are already being invested. This new platform is expected to be available to the public in 10 to 15 years.

That is specifically about the large-scale environment of Facebook, but there are already some “Metaverses“, as is the case with some games like Second Life and Sandbox.

The concept was coined in the Snow Crash novel published in 1992 by Neal Stephenson, which recreates a virtual universe based on our universe.

Initiatives on the Metaverse and Virtual Reality

Many are already thinking of taking advantage of these new technologies. Part of this trend is the Chilean startup SORRY MOM, who, in their words, have “adapted to this new way of communicating, offering services using concepts such as cryptocurrencies, virtual reality, social networks, and Metaverses.”

Another aspect of the Metaverse is cryptocurrencies and NFTs (non-fungible tokens). Here different users can trade different pieces such as illustrations, works of art, or photographs within a kind of Metaverse created from Ethereum, the virtual currency with which NFT transactions are made.

One person even paid $450,000 to live in American rapper Snoop Dogg’s virtual neighborhood in The Sandbox, a decentralized Ethereum Metaverse game.

The transaction was completed on December 3 through the OpenSea platform, where The Sandbox sells virtual land in the form of NFTs (non-fungible tokens).

Metaverse Investments

Blockchain Decentralized Metaverses and Banks

by The Crypto Hawk on March 2, 2022

According to a report published by Goldman Sachs, banks seem to lean towards Decentralized Metaverses rather than the one proposed by Meta (Facebook). With the 2008 crisis, the significant and severe problems that the global financial system was going through and what, until then, seemed to be its backbone, such as banking, became apparent. From then on, nothing is the same.

Above all, the banks are no longer what they used to be. In addition, technology has made it easier for them to share the limelight with other actors and other ways of acting, such as that coming from decentralized finance. All this is in a context in which users’ mistrust of these entities dominates. It appears in the recent film of the animated series South Park, dedicated to a distant post-covid moment.

Decentralized Metaverses and Banks

Banks are themselves a centralized technology. Its organizational model is centralized, as the actors from decentralized finances do not finish denouncing. However, steps are beginning to be observed, perhaps only the first signs, of an approach by the banks to decentralization.

The financial institution pointed to Blockchain as the key to the Metaverse and Web3. Moreover, he considered Blockchain the most disruptive technology since the arrival of the internet. The words collected in a note published by Rod Hall, chief analyst of the entity in Hardware and Communications

Technology in the global investment research sector and one of the report’s authors, are striking. In them, he claims the decentralized nature of Blockchain, considering it the only technology capable of functioning independently of a centralized authority.

Blockchain as an Ally

Hall sticks his finger -in the wound or the eye, depending on how you look at it- when he says that, in the future: “users will be able to log in without the need for a third party, such as Meta, Google or Apple.” Below are a few examples:

Centralization and dependence are in these large technology operators.
The decentralization provided by Blockchain makes it possible to dispense with these operators.
The banks have to opt for decentralization if they do not want to see themselves imprisoned and dependent on these operators.
Banks have an ally in Blockchain.
Another thing is, as has been pointed out, how they can deal with decentralization after a secular tradition is installed in centralization.

Cryptocurrencies, Massive in the Metaverse

Within the praise of Blockchain and cryptocurrencies, there is a special nod to the Metaverse in the note. It is defined as an immersive digital world created by virtual reality, augmented reality, and the internet.

For his part, the research director of Bank of America, Haim Israel, seemed to enter into a dialogue with the Goldman Sachs note and closed the circle by saying that cryptocurrencies may find an opportunity to become massive in the Metaverse.

Within the Metaverse, you can purchase, pay, and even invest with cryptocurrency. According to his words, the most sensible idea is to use virtual currencies within virtual worlds.

Morgan Stanley has also entered the debate and has defined Metaverse as the next major investment topic. So the next thing is likely to be today! Because it demonstrates that it is expanding exponentially, as per Criptonoticias.

Let’s put the conversation as a whole: Banks are betting on decentralized Metaverses to not depend on large operators with a centralized Metaverse, such as Facebook-Meta. So when banks move out of the hub, they look to decentralized technologies like Blockchain.

Metaverse Investments

The Economy of the Metaverses and NFTs

by The Crypto Hawk on February 21, 2022

The Metaverses the Sandbox, CryptoVolexs, and Decentraland accumulate sales worth 148.5 million dollars, thanks to NFT tokens. The data shows that The Sandbox has moved a high sales volume in the last few months. The interest in NFTs as digital assets representing property has renewed these spaces dedicated to digital trading land or completely virtual properties and avatars.

Metaverse and Digital Earth

Science fiction writer Neal Stephenson described Metaverses as alternative worlds to the real world in his novel Snow Crash, published in 1992. For Stephenson, digital worlds represent a space where characters can escape reality and fulfill their fantasies. Likewise, Blockchain has become the place to develop an entirely digital real economy. In the Metaverses, users can monetize their talents and trade various items.

Digital land has become one of the most sought-after objects within the Blockchain Metaverse, reaching values comparable to real-world land lots. For example, at Decentraland, several lots of digital land have exceeded half a million dollars.

Digital Worlds without Limits

Decentraland and The Sandbox use the LAND token based on the Ethereum Blockchain to facilitate their users’ access to digital plots of land. These tokens allow users to perform various functions within the Metaverse, from building buildings and hosting parties and events to renting out their digital properties. Users can use LANDs to build and manage their worlds without limitations within virtual universes.
For example, the developers of MetaMask celebrated 10 million active users in their wallets with a digital party on Decentraland. Over 3,000 people attended the party through their avatars in the Metaverse.
The renowned British auction house Sotheby’s is also based in the Decentraland Metaverse. Its virtual headquarters exhibits a rich art collection in a wholly digital format and holds essential auctions.

NFTs and Digital Goods of the Metaverses

The ability of non-fungible tokens or NFTs to represent ownership makes these digital assets highly valued in the markets. In addition, many investors are attracted to digital properties, just as or even more than fundamental properties, thanks to the certificate of authenticity that these assets provide natively on the Blockchain.
Each NFT represents originality, uniqueness, and rarity to its investors and owners. In addition, they allow verifying the authenticity and origin, and provenance. In this way, each owner retains rights to objects created or purchased within the Metaverse.
With a total sales volume of over $148 million in the Metaverses, it is clear that the digital earth and other digital items are in high demand among investors. Investors are willing to pay several thousand dollars to own one of these digital objects.

The Boom in Axie Infinity Game

The Blockchain game Axie Infinity also brings an unprecedented experience to its players and users. Axie Infinity is a digital universe where an utterly digital economy is built and developed through NFTs. And where digital land can also be negotiated. In fact, in February, an anonymous investor bought a digital estate for $1.5 million.
To date, Axie Infinity has moved a sales volume of 1,860 million dollars since its launch with the trading of NFTs. Additionally, Axie Infinity uses Play-to-Earn gameplay, which can also be found on The Sandbox, generating earnings of up to $400 per month for over 1 million active users.
The popularity of Metaverses is growing to the point that the world’s largest social network, Facebook, has announced plans to transition into a Metaverse company in the coming years.

Metaverse Investments

The Advantages of Metaverse Investments

by The Crypto Hawk on February 20, 2022

According to Bloomberg, this technology will move more than US$800 billion by 2024. This has pushed various investors to bet on this trend. How to enter, which companies to look at and what considerations to have?

Million dollar industry

Many think its science fiction, but the Metaverse is on the lips of all venture capitalists. This new technology creates a virtual space where people can connect using avatars, and has been hailed by experts as the next generation of the internet.

In fact, Bloomberg Intelligence projects that the Metaverse will move US$800 billion by 2024. In addition, tycoons such as Elon Musk, Mark Zuckerberg, Jeff Bezos and Bill Gates have already begun to study new areas of the business. Even the founder of Facebook changed the name of his business matrix to Meta, precisely because of his interest in this trend (in addition, he has 10,000 employees working in this area).

This new technology is projected to influence various industries: from education, to video games, to workplaces. Within the Metaverse, companies dedicated to technological development are going to create an economy parallel to the real one. The Metaverse has the ability to develop a 100% online market.

But how to invest in this industry without betting large sums of money? Is it a safe business?

Actions: the most direct

The main tool that investors are choosing to “enter” the Metaverse is stocks. You can bet directly on companies related to this future trend, such as Facebook (now called Meta Platforms), NVidia or Unity Software.

But there are also other companies that are developing this type of technology, such as Microsoft, Snapchat, Amazon, Alibaba, Walt Disney, Epic Games and Roblox. It is important that before investing you know the details of each company well and analyze their previous results in the stock market.

ETFs: diversification at low cost

ETFs are another alternative, which allows investment to be divided into different companies that are developing products in augmented reality.

The main ETF that provides exposure to companies in the Metaverse is META, managed by Round hill Investments. Since mid-September the managed amount of the fund has grown by 700. There are also low-cost technology ETFs that usually include companies in the sector, such as VGT and XLK.

Crypto assets: the tokens

The crypto-asset industry has not been left out of this trend either. In fact, various decentralized Metaverses have been created. One of those is Decentraland, a Blockchain platform that allows you to acquire virtual land and participate in a digital community. This initiative offers a non-fungible token (LAND) that can already be purchased.

Something similar is The Sandbox, a video game that uses Blockchain and that allows you to buy virtual plots. All of this is done through tokens.
Recently, the cryptocurrency ROSE (Oasis Labs) announced its alliance with META, so a great revaluation is expected in the coming days.
There is also the Metaverse Index (MVI), a fund of tokens that is designed to capture the trend of entertainment, sports, and business changes taking place in virtual environments. It works like an ETF, but with crypto assets.

Industry still in its infancy

Despite the fact that it is a technology on the rise and that various investors are betting large sums of money, it is still an item that is in an early stage.

Although most of the companies related to the Metaverse are already consolidated firms, the concept is still in its infancy. Therefore, investing in broad ETFs could be a way forward.

Every investment has risks. META is a new technology, which has yet to mature, so caution must be exercised when investing and choosing the asset well, since there are currently many.

Important:

You must not invest beyond what you are willing to lose.