Cardano founder Charles Hoskinson has high hopes for the development of the metaverse and believes that it will inevitably be associated with cryptocurrencies, especially NFT.
In an interview on the Thinking Crypto channel, Charles Hoskinson expressed his opinion on the development of the metaverse, a concept of social virtual reality that has recently gained popularity, including among gamers. Hoskinson is confident that as artificial intelligence and other technological innovations are introduced, users will have a more “realistic” experience, so the metaverse will become more like the physical world.
According to the founder of Cardano, the metaverse is a really good thing, not a gimmick. But to create trust and uniqueness in it, cryptocurrencies are needed. With their help, you can give physical form to digital things and digitize physical space, says Hoskinson. In the next 5-10 years, the metaverse will become a huge testing ground for cryptocurrencies. But especially harmoniously “fit” into it NFT, added Hoskinson.
“You can ‘superimpose’ digital attributes on the physical world. For example, looking at a building with virtual reality glasses, you can see at what time it opens and closes. Or you can completely immerse yourself in the digital world and have a virtual reality experience, ”said Hoskinson.
The CEO of the Kraken cryptocurrency exchange Jesse Powell suggested that in the future, many platforms will become separate metauniverses, but with common resources. This will give users the ability to move in-game items between them.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
