The metaverse is more than a movie concept. It combines all digital experiences a user might encounter, replicating many of the actions one would take in the real world, including the purchase of property, homes and clothing, and the customization of one's own space and avatars.
However, unlike a virtual ecosystem in a game, the metaverse considers financial data management and other transactions that can keep an entire economy running and simulate what a user would encounter in the real world. Without it, users are likely to miss out on the completely immersive experience the metaverse can offer.
Recognizing this fact has ignited a spark among financial innovators to learn what this means for fintech services in the new world. With cryptocurrencies being at the forefront of the alternative monetary system and other teams defining trading, lending and other financial tools, the question then becomes, "How will these ecosystems intersect in the creation of the metaverse?"
Although some still consider the need to conduct all engagements online to be at a point in the very distant future, consider the advancements that the COVID-19 pandemic has brought about in accelerating the pace at which consumers have gotten used to the digital world.
Soldex.ai, a platform leading the next generation of decentralized finance (DeFi) evolution through emotionless trading, has looked to a new partnership to address new audiences amidst metaverse rise. As an ecosystem enabling new investors to trade digital assets, a partnership with Project Larix will only accelerate creating a more extensive ecosystem, one that is already rooted in the metaverse.
Project Larix, a leading lending and borrowing protocol based on the Solana (SOL) blockchain,
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