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Transcripts For BBCNEWS Our World 20240706

the head of the catholic church, pope francis has urged people to pray for his predecessor, pope emeritus benedict, whose health has worsened. officials say his health has deteriorated overnight. benedict xvi who is 95 left office in 2013, the first pope to resign in six centuries. now on bbc news, our world: welcome to the metaverse around the world a new type of worker is emerging. they make big profits for companies but rarely leave home or break into a sweat. they generate millions playing a new breed of online video game. for me, it comes as a blessing. in a virtual world where work and play are one and the same. could this be our future in the metaverse? the philippines has been hit by its deepest recession since records began. dom rescued his family by playing an online video game called axie infinity. with millions of others, he earns money breeding and battling fantasy fairy creatures called axies in their digital universe, lunacia. in his first month he doubled

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Transcripts for BBCNEWS Our World 20240604 01:42:00

However, axie infinity is still worth over $2 billion and remains one of the most popular play to earn games in the world. its success is down to its ingenious design that has transformed everything in the game into a financial asset that can be owned and bought and sold. every bouncing axie is, in fact, a non fungible token, or nft, a unique piece of digital data that represents ownership and value. and every drop of smooth love potion is actually a unit of crypto currency, or digital money. both exist on a blockchain, an online ledger that is stored on computers around the world and is protected by powerful cryptography.

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Transcripts for BBCNEWS Our World 20240604 01:42:00

Its success is down to its ingenious design that has transformed everything in the game into a financial asset that can be owned and bought and sold. every bouncing axie is, in fact, a non fungible token, or nft, a unique piece of digital data that represents ownership and value. and every drop of smooth love potion is actually a unit of crypto currency, or digital money. stop both exist on a blockchain, an online ledger that is stored on computers around the world and is protected by powerful cryptography. making axies and love potion digital assets that can be owned and traded incentivises players to invest their time and money in the game. and, as they are exchangeable assets, axies and love potion can be traded for other crypto and traditional currencies, such as dollars.

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Transcripts for BBCNEWS Our World 20240604 20:43:00

In the world. its success is down to its ingenious design that has transformed everything in the game into a financial asset that can be owned and bought and sold. every bouncing axie is, in fact, a non fungible token, or nft, a unique piece of digital data that represents ownership and value. and every drop of smooth love potion is actually a unit of crypto currency, or digital money. stop both exist on a blockchain, an online ledger that is stored on computers around the world and is protected by powerful cryptography. making axies and love potion digital assets that can be owned and traded incentivises players to invest their time and money in the game. and, as they are exchangeable

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