Why are major global brands experimenting with NFTs in the Metaverse? -Breaking
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With the 2008 emergence of blockchain, Blockchain has made it a unique core technology. This is because it solved the double expense. The blockchain technology brought interoperability and scarcity to NFTs. However, blockchain technology has a lot to do with Metaverse. What is the reason large corporations are trying NFTs in Metaverse.
The term “metaverse” first appeared in 1992 when Neal Stephenson released his science fiction novel Snow Crash. This book shows how humans can interact with one another and software agents like avatars, in a virtual space. It acts as a metaphor to the real world. Stephenson is the one who coined the phrase, but the concept of virtual reality was being considered by early internet pioneers. It is a place in which our virtual world merges with our real one, creating new digital spaces.
Tatiana Revoredo is a founding member of the Oxford Blockchain Foundation and is a strategist in blockchain at Saïd Business School at the University of Oxford. A Massachusetts Institute of Technology expert, Tatiana is chief strategy officer of The Global Strategy. Tatiana was invited by both the European Parliament to Intercontinental Blockchain Conference, and by Brazil to the public hearing regarding Bill 2303/2015. Her books include: Blockchain: Tudo O Que Você Precisa SaberAnd The International Scenario for Cryptocurrencies: How Do Central Banks, Governments, and Authorities View Cryptocurrencies
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