Feed-Creator-87d9cd57b

Chapter 406: The Passing of the 'Landlord' of the Metaverse

A wealthy individual who owned substantial virtual real estate and digital art collections across multiple metaverse platforms has passed away. A fierce inheritance battle erupted between his biological children and his 'digital partner' whom he met in the virtual world, along with his 'avatar friend' from their joint venture. The valuation of virtual assets and the rights of inheritance remain a legal void in reality.

Chapter 407: Identification and Taxation of Virtual Assets

I collaborate with multiple governments to promote the legislation of the 'Virtual Asset Identification Law', clarifying the legal attributes of virtual items, identities, and land. Simultaneously, I am introducing a 'virtual world inheritance tax'—taxing the value of inherited virtual assets, with rates referencing physical inheritance. This has sparked strong protests from residents of the virtual world, who view it as 'the real government colonizing the digital frontier.'

On February 1, 2026, the cryptocurrency market once again faced severe turbulence. Bitcoin$BTC 's daily drop expanded to 3.6%, briefly falling below the critical threshold of $92,000, Ethereum$ETH dropped below $3,200, and Altcoins like Solana saw declines exceeding 8%. The total liquidation amount across the network quickly approached $800 million, with the market's total value evaporating by approximately $100 billion in a single day.
This major drop is not an isolated event, but rather an inevitable result of the interplay of three factors: macro sentiment, regulatory dynamics, and changes in market structure. The industry changes reflected behind this event warrant deeper reflection from investors.

1. Source of the Major Drop: Concentrated Outbreak of Cross-Market Transmission and Structural Contradictions