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2021 a “Break Out” Year for Cryptocurrency?
While the crypto market suffered greatly in December, crypto metaverse projects , TERRA and LUNA in particular, grew from strength to strength.
If 2020 was a breakthrough year for decentralised finance (DeFi), 2021 established DeFi as the hottest sphere in the crypto space.
Quite simply, a metaverse is a virtual world. It’s an online environment where people adopt the form of avatars, build things, or socialise.
The value of altcoins has been the news of 2021, especially with Bitcoin (BTC) looking set to miss year-end value predictions.
Step aside NFTs, the metaverse and the GameFi token craze is real. One of these, GALA, sure is a fascinating investment prospect.
Niantic Wayfarer, creators of Pokemon Go, is planning to build a metaverse with £300 million funding from cryptocurrency investor, Coatue.