However, its role in shaping the metaverse has been complicated by the big declines of the crypto winter throughout 2022. This broadly futuristic concept became a household word after Facebook rebranded itself as Meta Platforms last year.Ĭryptocurrency is beginning to play a key role in certain precincts of this brave new world. From shopping and entertainment to learning and gaming, some tech firms see the metaverse as a new frontier that could be as transformative as the world wide web was a generation ago. If you’re new to the party, the metaverse is the latest iteration of virtual reality, or worlds accessed by people using virtual reality headsets. The metaverse is one of the internet’s favorite new buzzwords.
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