This is how the metaverse and DeFi will change our lives - FTX founder Sam Bankman-Fried
The rise of the metaverse has prompted cryptocurrency companies to provide services that would integrate blockchain technology with virtual reality.
Sam Bankman-Fried, founder and CEO of FTX, one of the largest crypto exchanges in the world, discusses the next evolution of DeFi applications with David Lin, anchor for Kitco News.
Bankman-Fried said that FTX has several ways to collaborate with the tech giants on delivering a usable metaverse.
“One obvious thing is back-ending for them for crypto services, for crypto investing and trading. Also, for NFTs, we have an NFT portal that a lot of places are looking to add, from video game studios to ticketing and much more,” Bankman-Fried said.
For more information on how blockchain can be integrated with esports, watch the video above.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)