Today I will continue to talk about the meta universe. Because I think that in the next ten years, technological innovation and new economic development will mainly focus on two aspects. The first is the new energy revolution. In the context of carbon neutrality, people have begun to use products that use electricity as their main energy source, such as electric vehicles and solar panels. I will talk about it in the next blog. The second is the meta universe.
What is the meta universe? As I talked about in the previous blog, it will be a brand new virtual world. As a new world, the meta universe will have new currency, just like the current virtual currency. So what is the currency of the meta universe? Some people may think that it is a digital currency such as Bitcoin and Ethereum. But I think NFT will become the currency of the meta universe. Because NFT is unique, each NFT will be associated with a specific item, representing the value of this item. Different NFTs have different values. Based on these characteristics, NFT will be able to perfectly price meta universe items, because it can capitalize virtual items, and the data content of virtual items can be traded and circulated through blockchain technology.
The use of NFT in Metaverse will make blockchain technology more valuable, no longer what some people call “Air money”. Its use can also prevent certain governments or financial institutions from abusing their coinage rights and issuing currencies at will. Because of the uniqueness of NFT, it is guaranteed that each NFT has its own value. Therefore, no one can issue currency at will in the world of the meta universe. Perhaps inflation and deflation will no longer be a problem in the meta universe.
