Bitcoin, Ether, and NFT’s Are Hitting Mainstream; Including Gene Simmons & Epic Games Founder
While the musician is busy buying Bitcoins and altcoins, Tim Sweeney is all about the tech which he says “is going places.”
Last week, Elon Musk added Bitcoin to his bio, and this week he is announcing that he is a supporter of the leading currency, which he thinks is “on the verge of getting broad acceptance by conventional finance.”
But this is just the beginning; in this bull cycle, everyone wants a taste of cryptocurrencies, and in the current world of fiat debasement and censorship, decentralization is gaining increasing recognition, as we have seen since last week.
— Adam Curry – Texas (@adamcurry) January 30, 2021
So, it is no surprise that many known names outside the crypto world are coming in support of the sector.
Musician Gene Simmons is the latest among those declaring their love for cryptocurrencies.
“I bought and/or will own Bitcoin, Etherium, Litecoin, and others,” tweeted Simmons today, while cautioning that he is “not recommending any of this to anyone.”
ethereum really works trust me.😉
— Uzi London 🌎☄️💕® (@LILUZIVERT) January 30, 2021
While billionaire Mark Cuban has already been lately declaring his love for DeFi and NFTs out loudly, the founder of Epic Games, the creators of Fortnight, and operators of the largest game engine in the world – Unreal is also bullish on non-fungible tokens (NFTs) and the crypto metaverse.
Tim Sweeney took to Twitter over the weekend to share that open Metaverse is “the most plausible path towards an ultimate long term open framework where everyone’s in control of their own presence, free of gatekeeping.”
However, he did put a disclaimer that “state of the art is far from the 60Hz transactional medium needed for 100M’s of concurrent users in a real-time 3D simulation.”
He further said that this is in no way an endorsement of crypto investment as that’s a “wild, speculative mess,” but, of course, “the tech is going places.”
The article Sweeney praised blockchain-based underpinnings for an open Metaverse was by Piers Kicks of Delphi Digital, which describes Metaverse as “a persistent, live digital universe that affords individuals a sense of agency, social presence, and shared spatial awareness, along with the ability to participate in an extensive virtual economy with profound societal impact.”
It explains how crypto is laying the foundations for a self-sovereign financial system, and while crypto’s role in the Metaverse is the most imperative, yet least explored.