The Future of Online Communities: Micropayments in the Metaverse
The future of online communities will rely on micro-payments for the meta-verse.
After watching the rise and fall of crypto, ICOs, IDOs, DEXs, and now even NFTs over the last decade, it is my hunch that the next real change is going to come from simply: digital cash and micropayments.
Going back to our (digital) roots.
Not even the most popular blockchains (e.g. BTC, ETH, SOL) can do this using Proof-of-Work, at the time of this writing.
Without micropayments, we have not yet seen anything truly innovative.
All we have seen is the growth of a massive casino environment, increased speculation, and very few use cases and business models making use of what’s truly different: the ability to handle payments less than a cent.
From meta to micro. As above, so below.