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Pros and cons of the metaverse

We all know that the metaverse is currently booming even though it is still in the process of discovery. Here we leave you a few facts that we have collected after the research and which can help you decide whether you like the idea of getting into the metaverse or not.

One of the requirements to be able to enjoy all the possibilities of these worlds is to be a cryptocurrency user and to have a wallet.

This virtual universe will be accessible through devices such as virtual reality or augmented reality glasses and applications for smartphones.

Would you be willing to buy augmented or virtual reality glasses to have access to this?
That said, we would also have to keep in mind that, where it exists, this technology should be affordable for everyone.

Another point to keep in mind with the above is, not everyone in the world can buy Apple stock, but virtually everyone with an Internet connection can buy virtual land.

The accessibility and interoperability that the metaverse brings you to be able to go from one space to another without logging in, this is a good benefit isn’t it?

The risk, some experts point out, is that the company (which today is the leader in social networks with Facebook, Instagram and WhastApp) ends up monopolizing the virtual world as well, which would prevent, once again, other companies from reaching the expected profitability.

Something that is differential of the metaverse, Plazas points out, is the virtual economy with social impact.

“Our buying and selling relationships are social; links are established between buyer and seller,” Plazas

A world without restrictions, with everything to discover, where you can play, be distracted, learn, but also work, while virtual real estate assets.

To give an example, real state assets are a non-fungible digital asset (NFT), representing a limited and scarce virtual space that resides within the Metaverse. This is true for many sectors in the metaverse.

Finally, we leave here all the data, all the pros and cons of metaverse, and you will be the ones to decide how to see it, are they benefits?, are they disadvantages?, Which ones matter more to me?
If you want to know more about this, next Wednesday we will post more content about the metaverse.

You can also read our other blogs here.

We leave here an explanatory video that you may find very interesting:

Metaverse

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