What Facebook's Metaverse Means for Crypto

The idea of the metaverse has been building momentum for years, but Facebook's decision to rebrand as Meta Platforms (NASDAQ: FB) has catapulted the tech concept into mainstream consciousness. Seemingly every media outlet around is talking about the metaverse and how it could change our lives forever.

But the metaverse -- this idea of a digital world that embodies the internet itself, accessible via a virtual reality headset -- extends far beyond video games and shared experiences via the web. Meta Platforms also has cryptocurrency plans in the works, as further entrenchment of the digital world in everyday life will also rewrite the script on what it means to purchase and own something. 

Image source: Getty Images.

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Source Fool.com