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NFTs Metaverse DAOs

Here’s how DAOs are making digital land more accessible to Metaverse denizens Here’s how DAOs are making digital land more accessible to Metaverse denizens
Business / Crypto

Here’s how DAOs are making digital land more accessible to Metaverse denizens

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Decentralized autonomous organizations (DAOs) are individuals that collectively organize in social applications and blockchains to pursue common goals and interests. As the direction of the Metaverse keeps maturing, DAOs are rallying around the prospect of utilizing and investing in the Metaverse. Seeing that Goldman Sachs placed an $8 trillion valuation on the sector, eyes and ears have peeled into the possibility of accessibility, usability and monetization of these virtual worlds. Owners of digital land in the Metaverse tout some of the most recognizable names like Adidas, Nike, Snoop Dogg and JPMorgan. These entities are investing in the digital land and aligning themselves with the movement toward Web3 to better connect with consumers. However, the biggest barrier to joining the digit...