Video: Why Facebook Bet Its Future on Crypto
You’ve probably seen the news already: Facebook (Nasdaq: FB) will officially be renamed as Meta Platforms. Going forward, the social media giant is betting that most — if not all — of its core business will be bound to the metaverse.
What’s the metaverse?
It’s the intersection of technological innovation and science fiction.
Basically, the metaverse is comprised of digital spaces that offer experiences through virtual and augmented reality … made possible with the help of crypto technology.
You can create and style avatars, buy digital real estate, go to concerts, etc. At least, you’ll be able to one day. Right now, the metaverse is still in the early stages of development.
Which is why Facebook’s declaration should be a bright flag to investors.
In this exciting Weiss Crypto Sunday Special, Chris Coney delves into all the possibilities of the metaverse, including ...
• The effects of this new level of interconnectivity.
• How the metaverse economy may develop
• The growth opportunity of the metaverse itself.
• How to get exposure to the metaverse.
Bloomberg Intelligence expects the total addressable market for metaverse products and services could reach $800 billion dollars by 2026 ... less than five years from now. I recommend you watch Chris’s full video now.