What are metaverse cryptocurrencies?
Metaverses are sprawling universes that users access via a computer or virtual reality headset, allowing you to work and play in a fictional, digital realm.
In order to truly become fully immersive worlds with their own economies, they need a currency – and that’s where crypto steps in.
Metaverse cryptocurrencies can typically only be spent in the metaverse they’re tied to. You buy them through each virtual universe’s in-game store.
The coins can be used to buy in-game items, such as land or items which can then be traded with other players.
Like any other crypto on the market, their values go up and down – sometimes unpredictably.
Remember, buying cryptocurrencies and decentralized finance tokens is a risky way to invest.
This post first appeared on Thesun.co.uk
