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The Metaverse could well be the future of the internet, and potentially the future of society. Mark Zuckerberg’s decision to rebrand Facebook to Meta in October 2021 sparked a fire that had already started to burn. Essentially, the Metaverse is not a new idea. Virtual reality, online social interaction, and 3D computing have been around for years and have already redefined society in previously unimaginable ways.
The Metaverse, as an umbrella term for these innovations, comes at a perfect time. Huge conglomerates like Microsoft, HTC, and Apple are all exploring ventures to both help their customers connect in the Metaverse, and cynically speaking, make themselves money. Cryptocurrencies are at the forefront of innovation, and projects such as Axie Infinity (AXS), The Sandbox (SAND), and Seesaw Protocol (SSW) could be key to the expansion and the accessibility of the Metaverse.
Axie Infinity is a game in which users breed, trade, and battle monsters called Axies. It is not dissimilar to the behemoth that is Pokeman. Every Axie monster is an NFT, as are the accessories. Its native token is AXS which is used to purchase land, farms, and the Axies themselves.
AXS experienced huge gains in 2021. At the start of the year, it was priced at USD 0.5384. In the days after the Facebook rebrand, in which the Metaverse came to the attention of the masses, AXS hit its all-time high of USD 165.37. This was a stunning increase of more than 30,000%.
The creators behind Axie Infinity have lofty ambitions to continue its growth, and already have a strong community of investors, influencers, and players. Play-to-earn games in the metaverse
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