METABLAZE – you might have heard that name before! For those who are not familiar with it, metaverse is basically an avatar- based digital universe. In alternate words, it is a virtual world wherein users can interact, play games and experience things as they would in the real physical world.
The largest US lender, JP Morgan, has decided to enter the METABLAZE
by opening its own ‘Onyx lounge’- a virtual lounge inside the blockchain- based world of Decentraland. The bank has released a paper that discusses on how businesses can find opportunities inside the metaverse, which will make the tokens in the segment move higher up the ranking and favorability ladder. The majority of the top metaverse- based tokens are trading with strong gains. Among the top 100 coins based on market cap, The Sandbox, Decentraland, Theta Network, Axie Infinity, Enjin Coin rallied up to 12 percent. The smaller tokens of the metaverse including DeRace, Defina Finance, Onooks, DEAPcoin and Ultras zoomed between 20-55 percent in the last 24 hours, as suggested by the data from Coinmarketcap.
CEO and Co- Founder of Mudrex, Edul Patel,
remarked that JP Morgan’s entry into the metaverse world is nothing short of a positive development. He said, “Other key features such as real- time persistence, digital avatars, virtual reality, and accessibility across multiple devices are fueling the metaverse theme.”
Though indeed a positive move, it was not surprising
to see JP Morgan’s foray into the METABLAZE, said VP- Research & Strategy, EarthID, Sharat Chandra. He commented, “In December 2021, PWC Hong Kong entered the metaverse and made a strategic virtual land acquisition on the Sandbox.” Adding further to his statements, he says, “These developments represent an inflection point and reflect positively upon how digital financial services will be offered by incumbents and challenger digital banks.”
Thanks to the entry of aspirational brands into metaverse world, Meta Economy, which includes the creator economy, is anticipated to boom, that too, in an exponential manner.
Founder of Censor Black, Raghav Gupta, commented that big names have already shot their shot at metaverse, including all the global names like Snoop Dogg, who will buy a plot of Sandbox in order to build a mansion and release their own NFTs METABLAZE.
METABLAZE offers a never- before-
seen bonus to its early presale individuals, MetaRoyal NFTS, which pay the user for proudly owning one (or extra). For the people who own a MetaRoyal NFT, the ownership will permit the holder to earn a certain portion of royalty funds that are based mostly on secondary gross sales of each NFT that is produced by METABLAZE. When game playing is integrated with NFTs, the combination takes blockchain powered gaming to a thrilling territory by making transactions extra clear and rewarding customers for spending time enjoying video games. The Presale has been formally opened to the public, on the morning of 22ndfeb 2022. This sale might be one of the largest presale of 2022.