Phemex Stealing the Show as Metaverse Puts Blockchain in the Spotlight

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Technology has a habit of being quite unpredictable, but at least a handful of people end up predicting its disruptive routes decades in advance. The Internet has dominated our lives for more than a decade, but the concept has been around for decades. The first film was released over the Internet almost 30 years ago, although prominent streaming platforms have only been launched in recent years.

People are generally quite intelligent, constantly inventing solutions to the possible problems of the future. However, these are mostly just rough sketches for solutions that depend on future advances in technology. But this did not stop people from speculating on visions of the future.

The Metaverse is one such vision of the future that blurs the line between physical and virtual worlds. It is a spiritual successor to the Internet, which has the potential to revolutionize the infrastructure of both digital and real-world systems. Facebook’s recent outing on the Metaverson popularized the subject, but it was conceived decades ago in Neal Stephenson’s 1992 science fiction novel. Snow Crash.

The tech giants of the world have made this Metaverse vision their ultimate goal, with massive corporations like Epic Games, Nvidia, Microsoft, and even digital asset exchanges like Phemex expressing their support. Investors will spend tens of billions of dollars over the next few years to live this Metaverse story. It could represent how integrated our online and offline lives are intertwined with technology.

New World Possession

Today, to communicate what the Metaverse will look like, some are drawing analogies with “The Matrix” and “Ready Player One”. Honestly, no one knows what the Metaverse will look – just as no one knew exactly how the Internet would turn out. However, this does not mean that we cannot identify the key aspects.

Although no one formally owns the Internet, the most prominent companies of the last two decades have emerged because of it. The Metaverse will change everything we are used to online, such as identity verification, contracting, advertising, and content creation.

It is almost impossible to talk about the Metaverse without talking about a blockchain. Distributed networks for digital transactions sound like the perfect way to communicate value between digital societies, and with the increasing popularity of NFTs, it is too likely people will build the Metaverse on Web3.

Built on Blockchain

The cryptocurrency industry is evolving by the day, and with the Metaverse gaining traction in the tech world, blockchain industry leaders are engaging in serious discussions. Jack Tao, CEO of Phemex, world famous a trading platform for crypto derivatives, spoke about the appearance of the Metaverse during his speech at the World Blockchain Summit in Dubai earlier this year.

According to Tao, “The Metaverse represents a new way of interacting with the digital world, one that is even more disruptive than the Internet, and created by each participant, not by a central authority.” He also mentioned that NFTs have been a major driver of interest in this trend.

“A sign that NFTs are here to stay is not that some NFTs have been sold for millions of dollars, but that thousands of NFTs have been sold for smaller amounts, proving that digital collections are not exclusively for . whales, and is spreading in the direction of mass adoption, “he reasoned.

Phemex foresees a future where people can accomplish whatever they intend. To celebrate its 2nd anniversary, the exchange is now launching a comprehensive “Choose Your Reality” campaign with the “Dream With Phemex” event.. According to the event announcement, Phemex is asking its users to post their dreams and aspirations in text or video form, committing to realizing some special dreams of winners next year.

Also, Phemex published a brand new video and a virus campaign to further show its support for the Metaverse. Users can join the special “In the Metaverse” campaign. and share the brand video to be eligible for large amounts of cryptocurrency and rewards.

The Metaverse will need a wide range of technologies, innovations, and protocols to reach its full potential, and it won’t happen all at once. As these technologies become more accessible, the Metaverse will gradually emerge over time.

In Phemex’s newest brand video, the exchange talks about how the world has moved to be more open, digital and free. Such technology should also be applied to money. The Metaverse encourages these ideas, and while the broad vision of this evolving realm is still difficult to define, the pieces have begun to move in place, making the virtual world feel more real than ever before.

Technology has a habit of being quite unpredictable, but at least a handful of people end up predicting its disruptive routes decades in advance. The Internet has dominated our lives for more than a decade, but the concept has been around for decades. The first film was released over the Internet almost 30 years ago, although prominent streaming platforms have only been launched in recent years.

People are generally quite intelligent, constantly inventing solutions to the possible problems of the future. However, these are mostly just rough sketches for solutions that depend on future advances in technology. But this did not stop people from speculating on visions of the future.

The Metaverse is one such vision of the future that blurs the line between physical and virtual worlds. It is a spiritual successor to the Internet, which has the potential to revolutionize the infrastructure of both digital and real-world systems. Facebook’s recent outing on the Metaverson popularized the subject, but it was conceived decades ago in Neal Stephenson’s 1992 science fiction novel. Snow Crash.

The tech giants of the world have made this Metaverse vision their ultimate goal, with massive corporations like Epic Games, Nvidia, Microsoft, and even digital asset exchanges like Phemex expressing their support. Investors will spend tens of billions of dollars over the next few years to live this Metaverse story. It could represent how integrated our online and offline lives are intertwined with technology.

New World Possession

Today, to communicate what the Metaverse will look like, some are drawing analogies with “The Matrix” and “Ready Player One”. Honestly, no one knows what the Metaverse will look – just as no one knew exactly how the Internet would turn out. However, this does not mean that we cannot identify the key aspects.

Although no one formally owns the Internet, the most prominent companies of the last two decades have emerged because of it. The Metaverse will change everything we are used to online, such as identity verification, contracting, advertising, and content creation.

It is almost impossible to talk about the Metaverse without talking about a blockchain. Distributed networks for digital transactions sound like the perfect way to communicate value between digital societies, and with the increasing popularity of NFTs, it is too likely people will build the Metaverse on Web3.

Built on Blockchain

The cryptocurrency industry is evolving by the day, and with the Metaverse gaining traction in the tech world, blockchain industry leaders are engaging in serious discussions. Jack Tao, CEO of Phemex, world famous a trading platform for crypto derivatives, spoke about the appearance of the Metaverse during his speech at the World Blockchain Summit in Dubai earlier this year.

According to Tao, “The Metaverse represents a new way of interacting with the digital world, one that is even more disruptive than the Internet, and created by each participant, not by a central authority.” He also mentioned that NFTs have been a major driver of interest in this trend.

“A sign that NFTs are here to stay is not that some NFTs have been sold for millions of dollars, but that thousands of NFTs have been sold for smaller amounts, proving that digital collections are not exclusively for . whales, and is spreading in the direction of mass adoption, “he reasoned.

Phemex foresees a future where people can accomplish whatever they intend. To celebrate its 2nd anniversary, the exchange is now launching a comprehensive “Choose Your Reality” campaign with the “Dream With Phemex” event.. According to the event announcement, Phemex is asking its users to post their dreams and aspirations in text or video form, committing to realizing some special dreams of winners next year.

Also, Phemex published a brand new video and a virus campaign to further show its support for the Metaverse. Users can join the special “In the Metaverse” campaign. and share the brand video to be eligible for large amounts of cryptocurrency and rewards.

The Metaverse will need a wide range of technologies, innovations, and protocols to reach its full potential, and it won’t happen all at once. As these technologies become more accessible, the Metaverse will gradually emerge over time.

In Phemex’s newest brand video, the exchange talks about how the world has moved to be more open, digital and free. Such technology should also be applied to money. The Metaverse encourages these ideas, and while the broad vision of this evolving realm is still difficult to define, the pieces have begun to move in place, making the virtual world feel more real than ever before.

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