What is KuCoin Metaverse?
Once only possible in dreams and imagination, there is work ongoing today for the creation of an imaginary virtual and digital space called the Metaverse. The meaning of meta is beyond, and the term verse refers to the universe. Thus Metaverse refers to something that is beyond the realm of the physical universe in which we exist. This is being brought into existence through virtual reality.
Though it exists virtually, many of the Metaverse’s underlying themes, entities, and objects draw parallels from the physical universe as we know it today. In this digital universe or Metaverse, there is also a need for money or currency. This is where comes in cryptocurrency, which is a digital currency. Metaverse and metaverse platforms are funded by special types of a cryptocurrency called metaverse crypto. KuCoin is one of the top virtual currency or cryptocurrency platforms in the world, and allows easy and quick trading of cryptocurrency online, through a variety of transaction offerings and online features, via an interface that is easily navigable and available to all online users who can pass the identification and registration requirements.
KuCoin is now part of the Metaverse and the digital experts’ vision of this Metaverse. The Metaverse is envisioned to be a full-blown parallel to our universe. It has related characters and performs actions such as trade, friendship, marriage, socializing, financial investment, and social events. Characters in the Metaverse are of different ages, similar to human beings of various ages, colours, body shapes, and sizes in the actual universe.
KuCoin Metaverse Offerings and Features
KuCoin also has a separate section called the Metaverse Section, where the metaverse crypto is traded and offered to users as gifts and rewards in KuCoin promotion programs. KuCoin also has a Metaverse Trading Board where all the Metaverse-related transactions can be carried out conveniently. There are specialized projects introduced on this board, and members who wish to invest or trade Dogecoin, especially in the Metaverse, can engage on this board to execute their queries and transactions. Users can also engage with the Metaverse through GameFi, which offers a wide range of virtual games, such as Axie Infinity (AXS).
In this game, KuCoin Metaverse users can collect cute pet characters called Axies as rewards for high scores. There is an entire ecosystem in this Metaverse where Axies can eat, play, travel, marry and fight. The user will be able to monitor and engage in all these Axie activities on the KuCoin metaverse. Therefore, the Metaverse is attracting a whole new set of users to KuCoin who are joining for leisure and gaming versus traditional crypto trading, which was the initial offering of KuCoin and similar crypto exchanges.
Decentraland is a virtual land in the KuCoin metaverse where a user can choose to be a certain character from the large range of offered characters; they can choose their avatar and behave virtually in the same fashion as a human would live their normal life in the real world. They can engage with other users who would have their own avatars, could go out with them to events and functions, could plan meetings with them, live with them in houses that they would create on Decentraland on virtual lands which they would own, dine together and attend concerts and shows together.
Decentraland is highly popular among KuCoin users as it introduces them to a trouble-free virtual world where they can live and exist for the time they are logged in and present in the Metaverse. It offers the entire realm of a parallel normal human social activity that one desires and engages within the real physical world. The experience, though virtual, brings about fun and enjoyment among the users, who are comparable to the real-life events happening. Early user reviews of this make belief in virtual land have been remarkably appreciative and positive.
The cherry on top in some of the metaverse ecosystems, like Decentraland, and Sandbox, is that a lot of the activities that users perform virtually earn them money in the form of metaverse cryptocurrency prices. Thus, while users thoroughly enjoy themselves and have a social experience when engaging in the virtual events and activities on the KuCoin metaverse, they also fill their digital wallets with the digital currency they earn through the games and activities there.