At the Lions Club San Marino there was talk of Cryptocurrencies, NFT and Metaverse
In the recent meeting of the Lions Club San Marino Undistricted the issue of cryptocurrencies, NFT and metaverse was addressed.
The speaker, the engineer Marco Castiglioni, treated with extreme clarity topics that increasingly enter into our daily life. Cryptocurrencies, from payment systems initially reserved for a few fans of blockchain technology, have risen to a universally recognized and used means of payment and investment. Castiglioni warned against fraud that leverages on the scarce digital knowledge of young people, and suggested on fewer platforms, such as Binance and Coinbase, to buy and fend these innovative forms of transaction. Alongside Bitcoin and Ethereum which contains the main market share currency, others have had less luck and often in the face of poor use, the related investment has also proved risky, making those who believed in it lose a lot of value. The issue of NFTs – Non Fungible Token – was then addressed and how, through a blockchain system, the unique sides of a product, physical, graphic or digital, can be determined. The NFTs have had enormous development especially in 2021, a real speculative bubble, with a percentage of projects that have then had an economic development attested to around only 5%. So once again, Castiglioni warned, extreme attention is paid to investment proposals in startups or young companies that rely their business on and commercialization of NFT. Finally, the metaverse, this virtual space on which great companies such as Facebook have many expectations, which has changed its name with that of Meta to indicate the direction in which it wants to go. The metaverse has many theoretical applications, from medicine, to virtual business meetings with huge savings on transport, to leisure. With our apartment with all the people who are in a virtual space with our sofa in the room remaining and on the sofa of the house or on the office armchair. The potential of the metaverse is endless and new applications are taking shape every day. Unfortunately, technology is not yet fully able to satisfy every application hypothesis but certainly in 5-10 years the technological development will lead us to a wider use of this innovation. A bit like when the internet was born, of which many did not know the possible applications without which today it is not effective to live. The president of the San Marino Undistricted Lions Club Silvano Di Mario thanked the speaker for having given the opportunity to know this world which for many is still difficult to understand but which is already shaping different aspects of our life.