El Salvador Pursuing A 'Metaverse' Online Casino
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The Central American country of El Salvador is all in on modernizing its economy to sync with the growing cryptocurrency market, and now it plans to be involved with a so-called metaverse casino that will involve crypto.
In an announcement from Monica Taher, the country’s Technology & Economy International Affairs Director, alongside a tech firm called Astro Babies, the country will back “an NFT based Crypto Casino.” There will be both a land-based and metaverse version of the casino, according to a report from YogoNet. The casino will be called Astro Casino.
The size of the country’s investment in the project is unknown.
A short video of the metaverse casino shows virtual slot machines and table games. It’s presumed that going to the metaverse casino will involve the use of VR headsets.
The metaverse has been a technology buzzword in recent months, fueled in part by Facebook changing its corporate name to Meta to signal its efforts in the space.
