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What up Gang!
You already know it’s JHCO. here to bring you satisfaction and a whole lot of action in today the post we’re uncovering the unknown and shining some light on the dark side of the internet.
My goal for this post is to simplify Digital Real Estate and keep you aware and how not to get lost in the sauce. But first let’s start off with a simple understanding.
What is Blockchain?
A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.
That sounds very technical let me break it down you know how you’re able to call your friend that’s in another location be it city, state, or whatever and there is no physical connection. Well years ago to send a message you would have to tie it to a bird and get the message when the bird gets there in days, weeks, or when it gets to destination.
Well, that’s blockchain traveling in Ether through digital communication that can’t be copied or hacked. You’re using it every day when you send a text message or write your Facebook friend that message is sent through Ether and that code rides the blockchain into it to reach its location. It knows its destination by the metadata which is the code that creates the message being sent.
Speaking of messenger lets talk Facebook as it trademarks and change its name to Metaverse.
Facebook Turns Metaverse
According to google “The metaverse is a hypothesized iteration of the internet, supporting persistent online 3-D virtual environments through conventional personal computing, as well as virtual and augmented reality headsets.”
Let’s make it make sense the other day I was double dating with my boy Lono his girl and mine went to Dave and Buster’s to take a chill pill from everyday adulting we played a few games ate some lunch, had a couple of drinks, and enjoy the football games.
Well, they had some virtual reality game you put the goggles on and step into the space ship then boom we were in a new reality in space, it was so crazy that it was almost real. Literally bringing the 3D reality into our physical reality. I was so stoked when I got off that thing I had never experienced something so amazing.
Or have you been to the movies and they give you 3D glasses and some parts in the movie, it’s like the image is literally jumping out at you well that’s the times we are in and they’re trying to take us from the real and make us live in the fake. Augmented reality, be aware social media is already ruining and exposing everything I can just imagine what this will do.
Non-Fungible Token have you ever played a game where you collect coins and then use those same coins to unlock levels, get access to new gear and upgrades. Well look at NFTS just the same they are tokens in our reality and if you collect one into your E-wallet (electronic wallet) you will be able to gain some upper hand in this game called life.
Have you seen some social media accounts with a blue check next to them meaning you’re verified that’s a token and if you got one you’re more important and validated by the masses without them even knowing nothing about you. Now wouldn’t you like to be verified? Hell yeah me too, why do you think I write these posts.
I’m building substance around my blog so that later I can use it as a token in this digital real estate game that has already started. Many large social media accounts will be huge in this digital real estate game.
I know you see many celebs with these funny-looking icons that are NFT aka crypto punks that are enriched with metadata and tokens, that can be bought sold, and traded yes this is big but be aware.
Crypto Punks and Bitcoin
A cryptocurrency is a new form of currency that is being accepted all across the world, even in many countries that have different forms of money such as USD, EURO, PESO, etc. Well, all these countries except bitcoin and it will soon be a universal currency.
However many banks and countries are struggling on how to tame and keep us in their hands. It’s hard as I mentioned earlier it runs on ether and blockchain which can’t be cheated, hacked, or scammed. Unless you don’t know what you are doing, I currently own bitcoin and working on making my crypto punk.
A lot of these new forms of currency and tokens have a lot in common, they all are moving toward digital assets and a new form of real estate base.
I am not minor by any means but I’m really good with technology I believe that everything I mention above is the future. But don’t lose sight of the main things we truly need which are food, water, and shelter. Everything else is to put us in a box to control us and make us focus on the stuff we don’t really need.
Money isn’t everything but everything needs money. Also watch out for scams buying meaningless crypto punks and NFT with no metadata will leave you broke busted and disgusted exercise caution when getting in the game.
Cryptocurrency as well a lot of people are getting together making coins hyping them up getting people to all buy in then dumping them it a strategic method call pump and dump don’t be a victim of this.
Thanks for taking the time to read my blog if you got value or wanna add more value to this post like comment subscribe and ill see you in the next post.