Page 113 - Ocean Blue World 30th Edition
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   IBy Daniel Penseyres
n the real world, a hotel is an establishment that provides lodging for payment, generally on a short-term basis. Facilities available when booking a hotel room can range from a modest place just to lay one’s head to a
luxurious resort.
In the ever-expanding field of cryptocurrency, non-fungible tokens (NFTs) and the metaverse, the concept of a virtual hotel quickly gained attention.
A metaverse is a network of three-dimensional virtual environments focused on social interaction. It is often depicted in sci-fi and futurist works as a potential iteration of the internet as a single, universal virtual environment powered by augmented and virtual reality headsets.
So here we are, and the “Bit Hotel” is now a vacation spot in the metaverse and has already sold millions of dollars in digital real estate to dedicated investors.
The Bit Hotel uses BTH cryptocurrency. With BTH, a Socialfirst Play 2 Earn NFT Gaming Metaverse, users will be able to use BTH tokens to participate in governance or obtain native NFTs. These NFTs are usable in-game and include characters, hotel rooms, and accessories that have their own perks and can also be traded on the open market.
In addition, users will be able to meet and chat with other players, participate in a number of ever-changing mini-games, fight their way to the global leaderboards, and join the fun and attend events. Hotel guests will be able to use their rooms to host small gatherings and as their own personal social hub.
For the curious, one guideline to keep in mind is to only invest or speculate with money you're willing to lose because cryptos and metaverse real estate via NFTs are extremely volatile investments that can result in a total loss.
Remember, retirement is simply a concept in the metaverse. |113

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