NFTs, guilds and coins: We speak to a crypto enthusiast about his thoughts on the metaverse, Money News

As someone who has invested $19k of her own money into the metaverse, I am naturally bullish about the space – even if recent events in the crypto space have been anything but convincing!

I don’t confess to being an expert (I’m just very enthusiastic), but one of my favourite ways to learn more would be to speak with and glean more from the experiences of others in the space.

Enter Sir Richard Michaels (his online persona).

He’s a 30-year old product engineer of a start-up company in Singapore, and he is knee deep into cryptocurrencies, and NFTs and invests frequently on and Magic Eden.

I can’t emphasise to you how much I enjoyed my conversation with Sir Richard Michaels. He taught me so much about this new tech wave and was so generous with his opinions and time – very much appreciated. 

Like my previous article, I’ve been conducting interviews with Gen Zs and millennials on their thoughts about the metaverse.

This piece shares the views of someone who is fully immersed into the world of crypto and Web 3.0.  I hope his interview would be insightful to build upon what you understand about the metaverse. 

Here’s what he has to say:  

Q1. In your own words, how would you explain the metaverse to your friends? 

Sir Richard Michaels: 

It’s a buzzword that has been thrown around, but it would be the next evolution of the internet, changing from Web 2.0 to Web 3.0. If you’ve invested in the early stages of Web 2, you’d be balling, and it’s the same idea for this metaverse. 

I don’t think there’s one particular way to describe it now, as it is still in the beta stage. Its current usage is to store digital assets in the blockchain, ranging from plots of virtual land to NFT art.

There are limitless possibilities for it at the moment. I believe that it will revolutionise the way we consume things, like having early access to real-world products if you join a certain metaverse. 

Decentralisation is a…


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