What is Metaverse

OnChainLegend
1 min readOct 19, 2021

The metaverse is a concept of online 3D universe that combines the multiple different virtual spaces. The metaverse will allow user to work, meet, game, and socialize together in these spaces. The metaverse is not full in presence, but some new platforms contain metaverse like things Videos games currently provide the closest experience of metaverse.

In metaverse you can create a digital economy, that may have different utility tokens and non-fungible tokens(NFTs). All the assets are stored in reliable and transparent governance systems so you get access of these assets in any decentralized wallet like MyEtherWallet or MetaMast.

Concept of metaverse is expending rapidly is cryptocurrency market. New games are launching day by day in cryptocurrency market. Some metaverse like application are already exist, and provide living income in developing countries. In developing countries like Venezuela, India and Pakistan, people earns their living by just playing games at home, due to this COVID-19 pandemic playing games and earning income from them is became a key part of their lives. Axie Infinity, Sandbox and Yield Guild Games are very famous now a days.

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