Blockchain technology allows for the tokenization of land, property, and voting rights. Decentraland token holders vote on the content of project updates, influence auction results, and can earn income in the internal cryptocurrency MANA from selling items, advertising, and renting virtual land. Roblox monetizes its user base by selling the virtual currency Robux. All content on Roblox is created by users and game developers, for which they receive compensation in Robux, which can be exchanged for regular currency or spent back on the platform.
In recent years, major IT companies have been algeria whatsapp number list tightening their grip on the market. On August 13, 2020, Epic Games added the ability to pay for in-game purchases in Fortnite, bypassing Apple and Google's payment systems, after which Apple removed Fortnight from the Appstore. Most game developers do not allow players to exchange items with other players and convert their in-game wealth into real currency. Facebook and Amazon's walled gardens policy makes it difficult to share user data between platforms through cookie synchronization.
Expert Andrey Ivashentsev believes that the weakest link on the path to complete decentralization of the metaverse is the leadership of MAANG companies, which own the world's largest cloud services. "To gain freedom, users will need to provide themselves with minimal autonomy and their own server capacity," he is sure.
Grayscale Research analysts expect that many meta platforms will have to change their business models to operate in the metaverse. The total value of sales of goods in the Web 3.0 metaverse has exceeded $200 million over the course of time. Having escaped the control of Web 2.0 companies (such as Apple and Google), the virtual worlds of the metaverse will increase capital thanks to innovative solutions.
The authors of the study emphasize that in Web 3.0 crypto-metaverses there is no control over the movement of funds. Users can own their digital assets in the form of fungible tokens (NFT), exchange them and transfer them to other applications.
Platforms use their own digital currency, such as Decentraland’s MANА, or the currency of the first-tier crypto cloud economy platform they are built on, such as Ethereum (ETH) and Solana (SOL). Cloud file storage systems such as Filecoin provide decentralized data storage for worlds in the Metaverse. The Self-Sovereign Identity social token, which is tied to a user’s reputation rather than a currency, allows data to be transferred from other platforms into the Metaverse for user identification or creditworthiness assessment.