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World’s First Decentralized Bank in The Metaverse

BeInCrypto | Nicole Buckler |Mar 21, 2022

JP Morgan and HSBCmetabank financial district - World’s First Decentralized Bank in The Metaverse have launched sites in the Metaverse. But they are traditional banks that come with all of the traditional bank problems.

And yet. There is a decentralized bank that has now entered the metaverse. This crypto-based model will take on these Goliaths, with “simple, dependable digital banking procedures.”

Meta Bank DeFi has announced it has entered the fray. The photorealistic metaverse crypto project says it is the world’s first decentralized 360 solution bank in the metaverse.

See:

Metaverse’s first major bank, JP Morgan, predicts US $1 trillion

Liquid Avatar Technologies Inc. Launches First-Ever Payment Card and Loyalty Program for the Metaverse

“The mission is to implement decentralized banking and to help users truly grasp the concepts of virtualization, by introducing them to the metaverse and putting the power in the hands of those who can determine their own terms financially.”

Meta Bank Defi says that its new crypto-based platform eliminates the middlemen from the equation.

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