đź“ŚA New Monetary System for the Metaverseđź“Ś
Because lot of companies want to integrated on Metaverse and everyone of them want to have their tone, this will make problem in payment system on Metaverse, and that could be dangerous for companies, so Litedex token wants to be bridge of this payment system.
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The metaverse is a brave new world waiting to be discovered, populated, built and activated. In many ways it’s like a whole new country being born before our eyes. Throughout history, as new nations rise there is an umbilical link between their potential and their systems of money and finance.
China’s pre-eminence in the Song Dynasty came because of its invention of paper money and sophisticated forms of credit. Athens became the most powerful city-state of ancient Greece due to its plentiful supplies of silver. More recently, Florence, London and New York became the leading financial centers of their day because they controlled the money supply.
The next stage of metaverse development will be the creation of a monetary system that can provide similar depths of liquidity. This system will allow users to operate multiple blockchains in the metaverse and provide a backbone for companies to operate their own blockchains.
Many companies are looking at the metaverse and working out how to tokenize their businesses. But they only see value in using their own tokens and not accepting rival tokens. This poses a serious problem of integration. Without integration, the metaverse will naturally split into thousands of smaller units, losing cohesion and diluting the network effect.
