Jesse Powell: “no company will have a monopoly on the metaverse” – Bits Media

Jesse Powell, CEO of the Kraken cryptocurrency exchange, suggested, that in the future many platforms will represent separate metaverses, and NFTs will “capture” public consciousness.

About this Jesse Powell (Jesse Powell) stated at the Crypto Goes Mainstream event, Decrypt reports. Powell believes, that the social network Facebook and gaming platforms, such as Axie Infinity, using collectible tokens, can be considered as separate metaverses (social virtual realities). Therefore, no company will have a monopoly on this area, сказал Пауэлл.

«Метавселенная будет фрагментирована. Каждая платформа будет выполнять определенную роль в этом секторе, однако у них будут общие ресурсы. Users will be able to move in-game items between platforms of the gaming metaverse, and in the future, the same thing awaits Facebook and other private platforms.”, - said Kraken CEO.

Kraken plans to introduce an NFT platform early next year. The head of Kraken added, that he previously managed e-commerce platforms and worked with an art gallery, therefore already has some experience in the NFT field. Powell was very surprised by the excitement, which non-fungible tokens caused this year.

“NFTs have captured the public consciousness, this is due to generational change. Young people before 20 years of experience with digital values. They know, what is virtual clothing and equipment for a virtual avatar. Soon all cryptocurrency platforms will compete for this audience, who is interested in NFT", — Powell noted.

Andrew Wilson, CEO of video game developer Electronic Arts, recently expressed the same idea. (Andrew Wilson). He is sure, that non-fungible tokens will become an integral part of the gaming industry.