The Web3, Crypto, Blockchain, Metaverse Firms to W
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The crypto, blockchain, Web3 and metaverse industries have grown in the last year, with some companies seeing a significant increase in their market share.
Roblox, a leader in the creation of virtual worlds that individuals want to visit, recently launched age-gated content with mature humor, story themes and violence. With the latest features, users can record themselves with computer or phone cameras and animate their avatars.
Over in the crypto world, the foundational pillars that uphold the space’s infrastructure grow stronger every day. Securitize, a leader in tokenizing real-world assets, recently partnered with TradFi and DeFi, entering into an agreement with a multibillion-dollar global investment manager.
Circle is offering stability with its stable coin, which demonstrates that stablecoins can be programmable payments in the future. Chainalysis also recently investigated darknet fentanyl trafficking and carried out forensics on laundered funds for the Internal Revenue Service. In addition, Coinbase has also grown into a trusted cryptocurrency exchange. Its stock price has recorded a 400% increase at a time when others were charged with financial crimes.
Some companies have also been experimenting with new features that may better meet consumer needs and increase ease of use. For instance, Chainlink Labs recently rolled out its Cross-Chain Interoperability Protocol (CCIP). This protocol has been likened to those that connect computers to the internet. One day, this advancement may allow individuals to move their assets between the different blockchains in existence without any hitches. For instance, from that of a gaming universe to a virtual gallery.
Other companies that you need to watch for this year include the following:
Blur is an upstart trading platform for NFTs that also began championing NFTs as high-frequency trading objects. By the end of last year, the company was at the top of its competitive field, with OpenSea following close behind.
OpenSea, a well-known NFT marketplace, is focused on capitalizing on the currently popular NFT trend. It leverages the ERC-721 Ethereum standard to create tradable unique objects.
On the other hand, Blur has zero compulsory creator royalties and zero trading fees, which may have positively influenced its popularity. The platform also offers advanced tools such as floor sweeps and bidding pools.
Polygon Labs devised a way for individuals to verify their identity using zero-knowledge proof. This cryptographic technique doesn’t need individuals to store or transfer personal data to verify identity.
Visa, which recently integrated payment rails in its platform, enabling the easy transfer of digital funds between multiple accounts.
Figure Lending, a blockchain lending startup, has greatly decreased the cost of home loans.
These companies are championing growth in their respective fields, and their work is making it possible for companies such as NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW) to offer more innovative solutions to the clients they serve in the healthcare ecommerce niche.
NOTE TO INVESTORS: The latest news and updates relating to NextPlat Corp. (NASDAQ: NXPL, NXPLW) are available in the company’s newsroom at https://ibn.fm/NXPL
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