Source: news.google.com
Many believe that the next iteration of the Internet will be a unique, shared, and immersive 3D virtual space where life is experienced in ways that are not possible in the physical world. But what are its components?
In the next few lines, we’ll dig deeper into NFTs and tokens, DeFi and DeFi protocols, and the metaverse.
Tokens and NFTs
A token generally means ‘something that can represent something else’. For example, we talk about a token of gratitude as a bouquet offered to represent that someone is grateful. Or think of a concert ticket representing attendance at a specific event in the future. Another example of a token is money. These represent an amount of value. Tokens can also describe fungible tokens. Expendable tokens are tokens that are the same because…
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