This Is Indodax CEO, Oscar Darmawan's Response To The Rising Metaverse

Indodax CEO, Oscar Darmawan. (Photo: Doc. Antara)

JAKARTA - Some time ago, a giant company in the field of technology, namely Facebook, decided to change its name to Meta. This also makes the term "Metaverse" booming.

Indodax CEO, Oscar Darmawan also highlighted this trend regarding the Metaverse. According to him, this trend and concept of Metaverse has emerged from some time ago, but along with the development of existing technology, Metaverse continues to gain popularity and attracts interest from large, well-known technology companies.

"Metaverse is an Augmented Reality (AR) where one can do anything and interact with others virtually, although until now it has only been widely implemented in the gaming world. In simpler terms, Metaverse is a simulation of the human world on the internet," said Oscar in his written statement, quoted on Sunday, November 28.

"In my personal opinion, after renaming Facebook to Meta yesterday, I think this is a very, very good step. Even, as far as I know, other big companies such as Microsoft, Roblox and Nvidia are reportedly also developing tools to support implementation in the digital world, in this is the Metaverse," Oscar added.

Not only Facebook (which has now changed its name to Meta), the hype from the Metaverse has also penetrated into the affairs of a country's government. Barbados, a country located in the Caribbean archipelago, is the first island nation to prepare for the establishment of an embassy in the virtual reality Metaverse after signing an agreement to establish a digital embassy in Decentraland.

As CEO of Indodax, Oscar Darmawan also considers that the steps taken by the country of Barbados are unique steps by utilizing technology for diplomatic purposes.

Regarding the relationship between crypto and Metaverse, Oscar Darmawan also explained that there are types of crypto assets that can function for buying and selling virtual assets. In fact, these two crypto assets were boosted by the skyrocketing hype from the Metaverse itself.

"Crypto assets related to Metaverse have been listed on Indodax, namely Decentraland (MANA) and Sandbox (SAND). Even after Facebook announced the change of name to Meta, these two crypto assets immediately skyrocketed and became crypto assets with a high percentage increase," close Oscar.

Decentraland and Sandbox are already available on Indodax and can be stored as future assets by anyone at any time. With a price of only IDR 10.000, anyone can directly buy crypto assets at Indodax.