Cryptocurrency

Metaverse-as-a-service will be the basis of the next internet era of Web3

Published

1 week ago

May 15, 2022

Metaverse-as-a-service will be the basis of the next internet era of Web3

The concept of the Metaverse has been around since the 1980s, but it has only been in recent years that we’ve seen hundreds of projects popping up on the scene. What we are currently experiencing are gamified worlds with limited integration and engagement abilities. Right now, the Metaverse is still a blank canvas for early adopters to test and entertain the concept. When looking at the future of engagement in the Metaverse and bridging the gaps between the physical and digital worlds, however, we need to push the boundaries and go beyond what is currently seen as a metaverse. Let us begin looking at leaders who have begun building the next internet, which promises to be powerful for commerce, engagement and entertainment.

For the Metaverse to succeed and become a regular tool used in people’s daily lives, it must enable users to engage with it. As a sci-fi concept or within the gaming world, metaverses sound fantastic. But, for them to thrive as a social and business tool, we must ensure that there is a layer of utility or incentives that keep users invested. Web3-powered technology has a significant role to play in helping push forward with the concept and idea of the Metaverse thanks to blockchain technology, nonfungible tokens (NFTs), extended reality (XR), artificial-intelligence (AI) capabilities and plenty more. Metaverses that feature bespoke functionalities, speak to their customers and industry of choice and build new avenues of virtual engagement will find the most value in a metaverse-as-a-service (MaaS) offering. It will enable its users to customize their own cities from A-Z and will be the foundation of the next internet.

Sandra Helou is head of Metaverse and NFTs at Zilliqa. With in-depth knowledge and a multidisciplinary background spanning traditional and digital industries, Sandra leads Zilliqa’s NFT and Metaverse projects across growth, partnerships, strategy, marketing, and conceptualization. Her global experience across Australia, Asia, Europe and the Middle East enables her to deliver on both strategy and execution levels. A Futurist and action leader at heart, Sandra is committed to enriching and innovating the creator economy, Web3 and MetaFi/NFT space.

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Cryptocurrency

Technical Analysis Suggests That DOGE Price Will Fall In Next 24H

Published

7 hours ago

May 22, 2022

letizo News

Technical Analysis Suggests That DOGE Price Will Fall In Next 24H

The number 10 place on CoinMarketCap’s list of the biggest cryptos by market cap, Dogecoin (DOGE), has seen a slight price gain in the last 24 hours.
DOGE has strengthened against Bitcoin (BTC) and Ethereum (ETH) as well.
TA suggests that a bearish move will take place in the next 18-24 hours.

The number 10 place on CoinMarketCap’s list of the biggest cryptos by market cap, Dogecoin (DOGE), has seen a slight price gain in the last 24 hours according to the crypto market tracker.

At the time of writing (9:30 AM GMT + 2), the price of DOGE is around $0.08446, which is a 0.15% price increase compared to what it was 24 hours ago. The weekly performance of Dogecoin has seen it at a loss, however, as its price dropped 4.98% over the last 7 days.

DOGE has strengthened against Bitcoin (BTC) and Ethereum (ETH). Currently, 1 DOGE is worth 0.0.000002876 BTC and 0.0000428 ETH. This means that DOGE has strengthe …

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Cryptocurrency

The truth behind the misconceptions holding liquid staking back

Published

13 hours ago

May 22, 2022

letizo News

The truth behind the misconceptions holding liquid staking back

Blockchains have relied on proof-of-work (PoW) validation since their inception. Yet the PoW consensus proved to be unsustainable with its high energy usage and its need for fast, powerful hardware creating high barriers to entry. That’s why blockchains are adopting proof-of-stake consensus algorithms (PoS), where those wanting to earn rewards don’t have to compete against other miners, but can simply stake part of their crypto for a chance to be chosen to be a validator — and reap the returns.

Everyone who owns crypto on PoS blockchains must want to take advantage of the opportunities staking provides, right? Actually, according to our report, while 56% of those surveyed had staked before, many who hadn’t staked or wouldn’t stake again pointed toward the same hesitation: They don’t want their assets locked up in staking, not when those assets could be put to use elsewhere. This is why liquid staking provides the best of both worlds. It allows investors to stake their assets while also allowing them to use those assets in other projects during lock-up.

Mohak Agarwal is the CEO of ClayStack. He is a serial entrepreneur and investor on a mission to unlock the liquidity of staked assets.

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Cryptocurrency

Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House

Published

17 hours ago

May 22, 2022

letizo News

Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House

Rep. Byron Donalds, a Florida Republican, introduced the Financial Freedom Act into the United States House of Representatives on Friday to prevent the U.S. Department of Labor from limiting the types of investments that can be included in Americans’ self-directed 401(k) retirement plans. The bill is the companion to Alabama Sen. Tommy Tuberville’s May 5 Senate bill.

The Financial Freedom Act was introduced as a reaction to a U.S. Department of Labor (DOL) compliance report dated March 10 that raised objections to the inclusion of cryptocurrencies in 401(k) retirement plans. That report warned the department’s Employee Benefits Security Administration “expects to conduct an investigative program aimed at plans that offer participant investments in cryptocurrencies and related products, and to take appropriate action to protect the interests of plan participants and beneficiaries with respect to these investments.”

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