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metaversecoinso
25 Jun 2024 - 10:33:47
1 Posts
Help improve contributions Web3 advocates like Dixonsaythat building on blockchain technology will force companies to be interoperable and "give users property rights: the ability to own a piece of the internet." Skeptics, however, argue that because VCs are so heavily invested in bitcoin and the mechanisms upon which Web3 is based, their advocacy of decentralized technology from a user standpoint is disingenuous. Said Dorsey, Web3 is "ultimately a centralized entity with a different label." Decentraland is a blockchain-based virtual world that operates on the Ethereum blockchain. It is a decentralized platform where users can create, experience, and monetize content and applications in a virtual world. Decentralands metaverse consists of a series of interconnected virtual lands, or parcels. Owned by users, they can find their application in building and showcasing virtual experiences and assets.
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