In 1992, the concept of the Metaverse existed only in the fertile imagination of American cyberpunk author Neal Stephenson. In his book Snow Crash, Stephenson described the metaverse as a virtual reality-based Internet populated by system daemons and user-controlled avatars.
Chief Designer Big Joe, Way of Wade shoes department of LI-NING, announced that his first NFT work "Wizard Shop in ESSENCE" will be auctioned at Poly, Xiamen on September 22nd. The preview will be on September 20th, and the auction ends at 22:00 (UTC+8) on September 26th.
Since the advent of cryptocurrency, the digital payment world has become very diverse. New forms of digital currencies are being developed every now and then. One of the latest developments include social tokens, a form of digital assets that are backed by the reputation of the community, the creator, an individual or a brand.