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MetaFi: DeFi for the Metaverse, the Audiobook with Jamie Burke

The Outlier Ventures Podcast

CHAPTER

Adaption of Virtual Worlds

Virtual worlds are additional spaces for the purpose of social commerce or game play, which may or may not mimic the real world and its physics. When they do, they often comprise an element of scarce land, represented as nfts that can be purchased, traded and built freely. The most notable examples include the sand box or de central and the nft component. Virtual land is closely linked to the in game currencies and or governance tokens of the virtual worlds. This gives rise to entire in game economies where capital gets connected to labor to generate value. It is important to bear in mind that these clusters are enable by defi applications, data oracles and various foundational layers.

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