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Since Vitalik Buterin co-founded Ethereum (ETH) in 2014, the crypto world has never been the same. The inception of this unique blockchain and its native cryptocurrency (ETH) spawned numerous DApss, and rightly assumed the position of the second-largest cryptocurrency by market capitalization.
The winter of 2021 witnessed a re-discovery of NFT technology, which led to the creation of the crypto gaming industry that began to develop on a mass scale, further solidifying the Ethereum blockchain as one of the leading players in the crypto game. This process, in turn, paved the way for the formulation of Web 3.0 or the Metaverse, which is currently considered to be the next big thing in crypto.
Many projects attempt to jump on this crypto wagon, but not everyone succeeds due to lacking essential features that make unique projects stand out. Today, we will discuss characteristics one should look for if you want to make a Metaverse investment part of your portfolio.
New crypto consumer adoption faces many barriers due to infrastructure, security, flawed UX products, and fee complexity. When new people join the crypto flock, navigating through several different applications and exchanges, marketplaces become demanding. The subsequent disenchantment significantly hinders users’ ability to withdraw their gains or gaming currency into fiat, ultimately creating new challenges for mass adoption.
However, Mushe (XMU) is here to solve all the abovementioned problems by delivering advanced and all-encompassing solutions to drive core revenue streams via trading and financial services applications.
The first thing that the project resolves is achieved through enhanced UX, which is simple, easy to navigate, and globally accessible via a mobile application. To ensure seamless integration, the platform allows users to conduct their personal and business financial management with hassle-free, frictionless access to their total wallet of currencies. The platform also benefits from low interchange fees and transparent rewards through utilizing the Mushe token (XMU).
The Ethereum blockchain currently powers the Mushe token, but it has plans to migrate to Stellar’s open network. Stellar’s network is well-known for offering crypto enthusiasts lesser transaction costs and secured financial backing for their digital assets.
Since interoperability is imperative to the project’s adoption mission, the expected transition will witness the emergence of MusheVerse, which will become a part of one of the fastest-growing ecosystems for amassing such features as NFTs, P2E gaming, and more.
In the MusheVerse, users could communicate, swap tokens quickly, and enjoy top-rated DeFi services (landing, borrowing, and stacking) and gaming services for users to earn through a Play-to-Earn process. The MusheVerse will spawn a myriad of virtual worlds where users are free to use all Mushe products seamlessly through the usage of the platform’s native token.
As a decentralized token, (XMU) allows its HODLers to participate in XMU lotteries, vote on governance decisions, and receive rewards. If users want to take part in staking, one must have at least 125,000 (XMU). During the presale stage, which expires on the 3rd of July 2022, the price of one (XMU) would equal 0.005$. Considering this project’s enormous potential and the positive change it will bring to the development of Metaverse, the price for one token is practically a steal.
In the abundance of generic Metaverse projects that flooded the crypto market in the past months, Mushe (XMU) justifiably deserves particular attention. The strategy to achieve mass adoption through intuitive UX design, facilitated by an all-encompassing ecosystem, where crypto enlightenment pushes the project’s development, equips MUSHE with the necessary characteristics to usher the Metaverse into a new evolutionary phase.
Meta—the company formerly known as Facebook—is running a new TV ad showing a future in which college students slip on a lightweight VR headset to enter a lecture hall where a professor can toss 3D models of biological cells to students who can pull them apart to demonstrate some concept.
It’s the latest sign that Big Tech sees education as a key piece of the rush to build a metaverse, the immersive Internet of Virtual Reality and Augmented Reality that so far is a disconnected mix of clunky tech gear and beta software platforms inspired by science fiction.
This technology raises lots of exciting possibilities and some tough challenges, for both K12 classrooms and college classrooms of the future. And to help us sort through this emerging space, we invited two guests to the podcast who have seen more of this VR space than most and are thinking through these issues.
Those guests are Greg Heiberger, associate dean of academics and student success at South Dakota State University and Kathy Hirsh-Pasek, a professor of psychology at Temple University and a co-author of a recent Brookings Institution policy brief about education in the metaverse with advice for Facebook and other tech giants on how to build a metaverse that is education friendly.
The session was recorded in front of a live audience at the ISTE Live edtech conference in New Orleans this week.
KPMG, one of the Big Four accounting firms in Canada and the United States, has revealed the opening of its first metaverse collaboration hub to help its employees and clients pursue growth opportunities in the digital era.
KPMG is entering the metaverse with a new collaboration hub that will connect employees, clients and others with Web3. The company is making a collective $30 million investment this year in Web3 experiences, with the metaverse hub as the “signature piece.”
According to a Tuesday report by Fortune, the hub will be focused on education, collaboration, training, events and workshops with Cliff Justice, KPMG U.S. leader of enterprise innovation claiming that it is presently being utilized for such things but that KPMG intends to hire people to build it and expand it over time.
The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.
What do you think❓
— THE RELEVANCE HOUSE. (@RelevanceHouse) June 28, 2022
Laura Newinski, deputy chair and chief operating officer at KPMG in the U.S., said:
“The metaverse is a market opportunity, a way to re-engage talent, and a path to connect people across the globe through a new collaborative experience.”
The companies will continue to explore possibilities in the crypto and Web 3.0 space, co-create new tools and solutions that provide critical insights, launch immersive learning and development platforms, recruit talent to contribute knowledge and help navigate the changing confluence of the physical and digital worlds, among other things, as part of its innovation strategy.
The COVID-19 epidemic sparked people’s interest in the metaverse. There has been an increase in the desire for methods to make internet contact more lifelike as more individuals work and go to school online. JPMorgan, one of the biggest banks in the United States, made headlines earlier this year by publishing a paper suggesting metaverse technology was a “one trillion-dollar opportunity,” along with establishing its own virtual headquarters in the Decentraland (MANA) metaverse.
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