Listen! This is Crypto Asset Relationship with Metaverse

Maybe someone is still wondering about what is the relationship between crypto assets and the Metaverse. Of course you want to know what the relationship between the two things is.

Crypto assets and the Metaverse are two different things that you need to understand.

The following is an explanation of the differences between crypto assets and the metaverse that you need to know. Let's see the review!

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Crypto Asset Relationship and Metaverse

We certainly need to know the relationship between crypto assets and the metaverse.

This explanation about the relationship between crypto assets and the Metaverse was conveyed by the Co-Founder & Chairman of VCGamers, Wafa Taftazani.

He explained about it in the program Saturday Me Time on Trans 7 which aired last February 26, 2022.

Wafa explained, crypto assets are a form of digital assets that can be owned when you are in the Web3 or Web 3.0 ecosystem.

You can own crypto assets through the blockchain.

“Crypto assets it is actually a form of digital asset that can be owned in the web3 or web 3.0 ecosystem via blockchain,” he said.

Also read: Overview of the Ransverse, Metaverse Raffi Ahmad

He explained that there are differences between crypto assets and other assets outside the blockchain.

“What distinguishes it (crypto assets) from other assets outside the blockchain is that it has a record of ownership that cannot be falsified, cannot be duplicated and cannot be transferred from one owner to another without verification from all users on the blockchain. Wafa said.

Also read: Getting Crazy, VCG Token Will Be Used in Raffi Ahmad's RansVerse

Metaverse Doesn't Have to Own Crypto Assets

Wafa also provides further explanation on whether the metaverse should have its own crypto assets or not.

Wafa gave that explanation answering questions in the program.

He said that all crypto assets must be connected to the blockchain. So, later the metaverse can use crypto asset technology or Non-Fungible Token (NFT).

Also read: How to Stake $VCG Token

However, said Wafa, not all metaverses must own crypto assets.

“But, not all metaverses have to have their own cryptocurrency tokens, they can work together, they can collaborate, synergize with existing tokens or with chains that already exists,” said Wafa.