MAIN FEATURE
of using the hackneyed static Zoom , Hangouts and Teams technology which is causing ‘ Zoom fatigue ’ for remote workers .
The metaverse , and more specifically SpatialWeb , has a range of online 3D virtual environments in which people can play games , build things , socialise , work and even trade and earn crypto assets . Nienaber says it is difficult to define the metaverse as there are so many sub sectors . At its core the metaverse , also known to many as web3 , is an evolution of our current Internet .
Interest in purely digital ownership has spiked dramatically , with non-fungible tokens ( NFTs ) and cryptocurrencies making headlines . Virtual productivity platforms are growing too , with
Facebook and Microsoft announcing new ways to collaborate online .
What is an NFT ? NFT stands for “ non-fungible token ,” and can technically contain anything digital , including drawings , photos , animated GIFs , songs , or items in video games . Non-fungible means it is individual . The opposite , fungible , has examples of crypto currencies like bitcoin or etherium . One bitcoin can be swapped for another - they are identical .
So , in crypto an NFT is a digital asset that exists on a blockchain ( a record of transactions kept on networked computers ). The blockchain serves as a public ledger allowing anyone to verify the NFT ’ s authenticity and public proof of ownership .
12 DEC / JAN 2022 SA Real Estate Investor Magazine