What is cryptocurrency in the meta universe? In the meta universe, users can create their avatars and then copy their experiences from reality or physics on a virtual platform. People can work, shop, exercise, do business, buy land and even create works of art in a virtual environment. Similarly, the completely immersive virtual economy of the meta universe also needs a way of payment. Since activities and interactions in the virtual environment are completed through the user's avatar, it is impossible to conduct transactions in legal tender. Therefore, cryptocurrency is required. So, what cryptocurrencies can be used in the meta universe? This article will answer for you.

1、 What is cryptocurrency in the meta universe?

Metauniverse is a new game of cryptocurrency. This is a digital avatar based. Here, users can interact, communicate and play as they do in reality. Similarly, it helps investors and bankers invest by sharing transactions and other transactions. The universe is changing the encryption market. Metauniverse cryptocurrency is a platform that is expected to have its own cryptocurrency or token; And these tokens can be purchased online on their respective platforms.

The main features of the meta universe cryptocurrency are as follows:

1. Digital proof of ownership: The Metauniverse allows you to increase the ownership of your cryptocurrency wallet. You can show your transaction record to show your sense of responsibility. Having a wallet with access to the private key can give you a secure proof of identity and ownership.

2. Digital collections: The meta universe also helps balance digital collections. It helps to verify the originality and uniqueness of items and bring more real-time activities into the encryption market.

3. Value transfer: The meta universe helps to find a secure way to trade cryptocurrencies. Multiplayer games are not as safe as blockchain transactions

4. Governance: The meta universe in cryptocurrency needs to find a way to achieve fair rules and governance. It is important for the company to choose leaders and governments.

5. Accessibility: The meta universe makes the public blockchain the most convenient way to manage finance and preserve digital identity.

6. Interoperability: The meta universe helps to improve the compatibility of different encryption platforms and the interoperability of blockchains. It allows custom blockchains to interact with each other.

2、 The famous cryptocurrency in the meta universe

1. Decentralized land (MANA): Decentralized land is a virtual reality space that allows people to buy/sell, maintain and manage virtual property called land. In this meta universe, people can develop their land in any way they think fit, through phones, laptops or desktops.

MANA is based on the Ethereum blockchain and is popular with the public (including novice users). Its value rose by 400% soon after Facebook renamed itself Meta. This has also triggered a new interest in cryptocurrencies.

2. Sandbox (SAND): Sandbox is another virtual, allowing people to manage virtual land and other digital assets through an alternative but local meta universe cryptocurrency SAND. With this cryptocurrency, digital experience can be easily monetized online.

Sandbox is unique because it allows people to use sand freely - whether they are designing their own games, using it in other games, or managing other virtual assets. Sand is made by Ethereum blockchain and makes it highly safe and reliable. In addition, Softbank supports SAND through its vision fund, which is one of the most popular technology investment companies in this field.

3. Atlas: Starmap allows people to explore virtual alien space, where they can use customized spaceships to enter an incredible and unique meta universe, create their own virtual, and create or join a faction. These in game activities are realized by the Atlas meta universe token on the Solana blockchain, which is much cheaper, faster, more secure, and even more scalable than the Ethereum blockchain.

conclusion

The close relationship between the meta universe and cryptocurrency opens up a huge possibility that can only be experienced in the virtual world. The blockchain platform not only increases the security of digital transactions, but also opens the concept of virtual ownership of assets, which was previously a less explored area. However, given that these platforms are still in their infancy, users must be cautious because most of them are not regulated.