Bitcoin Forum

Hey guys!

the Metaverse announced by the Reptiloid Mark Zuckerberg  doesn't exists in any form right now? Correct?
What exists are fully independet projects, like Decentraland.

All in all they have nothing to do with Facebook Meta and are simply standalone "games" which try to profit from the hype?
Isn't metaverse simply used here in the context of "sandbox game" or "open world"?

Or am I missing a link?

Thank you guys!

Well, it's just an umbrella term to describe anything that is hosted on the blockchain that allows for mass modal interactions.

So all of the projects that you have mentioned are indeed metaverse projects. There is no central metaverse that is the be all and end all.

Meta/FB is simply trying to get that first mover advantage with the branding and the name change right now.

Thank you for the clarification!

I don't see a sense in buying property in "the sandbox" or "decentraland", just standalone project. Might hype might not.
I hope Meta will actually make "the one world" and projects which will enable the interacation between (maybe other metaverses) or simply virtual goods will pump.
Doubt this early projects will hold for long, just by pushing their own worlds.

Like back in the early days with SecondWorld - one world made sense to invest.

the facebook that the company will re-named as "Meta" and is total different with Decentraland and Sandbox in fact because of facebook says metaverse there bunch play to earn and metaverse project so enjoy the hype

True but the hype is literally about nothing. The ppl I've a feeling don't even get this.
Like ICO moon ...

It doesn't exist in any form at least not for this time. correct.
META facebook will be fully independent like decentraland. Any companies will have their own virtual world.

Open world with economic implementation in the virtual world.
Did you understand what mean of metaverse? i guess if you understand about this and you can have a small insight about that.

Every project is building its own metaverse. Decentraland has its own metaverse, the same in the case of sandbox, even Shiba Inu is building its own metaverse. What comes to Meta, they have not had a metaverse yet. I think that in their context, metaverse will mean a big platform where people will be able to come and communicate, watch advertisment, organise meetings and appointments.

Its Mr. Zuck who is trying to profit from the hype, not the other way round. Metaverse as a concept is about owning digital goods with blockchain linked identities and interacting in a virtual environment using avatars. Beyond that there hasn't been much development as far as decentraland and sanbox are concerned. They are just blockchain versions of games like Second Life or even minecraft.

The "Metaverse", for the time being, is really just a farce.

Before he has announced about Meta and metaverse feature for that company. There's already existing projects that have been focused in the metaverse.
It all started with his project about Libra and then it isn't launched. Then goes the meta/metaverse announcement and still there's still a development that has been happening.
We don't know when it will be launched but Metaverse has already been there even without Facebook's Meta hype.

Yeah got it!
But honestly Second Life delivered much more and is already 20years old.
Looks like pure crap to me (Decentraland & Sandbox)

It seems to me that this is too loud a name for projects that want to rise to the top under this slogan, the metaverse must be something connected with VR reality so that players plunge into the world in a new way, and I see many projects talking loudly about it, but do not correspond to this term, maybe I want a lot, but still this is my subjective opinion.

Yeah, I imagine the metaverse the same way when you can dive into this alternative reality and investigate it, interact with things and other people. Actually, no project has reached this yet, but there are a lot of them which are working on it, so I think that it will be available soon. On the other hand, decentraland, for example, has already had its world were you can find advertisement of different companies, organise appointments and just investigate.

You can't compare decentraland with Facebook meta because one is decentralized and the other is centralised, I read on news weeks back where someone said meta will be a threat for humans, this person described meta aka Facebook as a remote to control humans, it's like giving all control to one man which is a bad idea

Your definition seems wrong. Metaverse exist before blockchain was invented. It was started using on sci-fi film which is related to virtual reality. New project just introduced the Metaverse concept on there project to make a hype just like DeFi when it started to introduced. Anything that has its own self sustaining ecosystem with virtual reality concept can be considered as Metaverse with or without blockchain involved. Crypto is the one who used it but definitely its not started by the crypto project like Mana and Sand.

I believe this could help...
https://phemex.com/academy/what-is-the-metaverse-crypto

Metaverse is getting started to get more attention to the community and this probably creates hypes someday.
Many people will think that this will fail but I guess not. It was clearly a decentralized project and it seems the application to the community seems very useful to everyone at this time as blockchain technology development continues. I think we have to welcome this artwork and let metaverse projects show what it can do to us.

Another attempt by the sly Zuckerberg to make money on hype. He has already launched projects in the wake of the hype around the cryptocurrency, but nothing came of it. He can only do some kind of scam or merge all your data into the network, but he will not succeed in something worthy, the wrong person.

The general term Meta, is not unifying everything that is with such a name, although it is close in meaning. Fundamentally, if Mark made his blockchain, and opened mining, his Meta Universe, it would be a bomb for the market and the promotion of many projects.I would like to receive bonuses from the creators if they decide to implement my idea.

I think facebook just named their company Meta now and that does not have much to do with the metaverse projects on the blockchain at the moment, maybe it is a hint that facebook wants to go in that direction in the future but as far as i know there is nothing confirmed about that yet. I define a metaverse as an alternative universe that is not the reality, but where real brands and people and other goods can be traded or viewed etc. For example a big company could buy real estate within a metaverse and there it could advertise their new products to everyone that is visiting that metaverse and therefore maybe increase their sales in reality.

I don't know exactly time will tell and, as they say, will put everything in its place. In my opinion, this is a very interesting fusion of the real and virtual worlds. And I think it has the right to develop qualitatively.

For the first time, Metaverse will be more widely adopted by gamers, given the trend of playing games during the pandemic soaring significantly in various countries. In addition, gaming activities also have high exposure to the virtual world.

First you need to do, and after that you can talk about it. And for Zuckerberg, the opposite is true. There is a lot of hype, grandiose and vague plans and speculations. At the same time, a lot of hype affects the states and their regulatory bodies, and they take countermeasures. As a result, it turns out to be just a soap bubble.
 For regulators, it is very dangerous to connect Facebook with any projects of a financial nature. And the Metaverse is in any case connected with cryptocurrency and big capital. Therefore, one should expect that Zuckerberg's next plans will face the same inglorious end as with Libra / Diem.

It is 100% correct that Facebook doesn't have anything in the "meta" world right now, and all the other projects right now are just trying to build that "metaverse" all by themselves. The biggest example has always been "ready player one" and yes in that movie we see one game that everyone plays but imagine a world filled with many games like that and that is what you get with metaverse, a world like ready player ones game but thousands of games like that from the biggest one to very small version.

All in all it is not going to be this one "metaverse" that everyone gets in and all plays in the same place and lives in the same place and earns there, there will be many many of them in different universes. So do not focus on just one, from mana to land to sand all of them really matters and whichever one will be on top is unknown for now, maybe a brand new one will come up and be the bigger one, who knows?

Metaverse isn't the name that replace Facebook, the new name for Facebook is meta not metaverse, the name metaverse is a general use case for the tech adopters, decentraland and others are decentralized metaverse projects and Facebook meta is a centralised metaverse project don't get it confused

Nope. The fact that you can own a piece of land inside a game is what it makes a metaverse. It is not similar with what Meta is doing (Virtual Reality World) but still same ideology behind it. Who knows if decentraland can really make a VR world for their NFT properties.

Reading this discussion from above is so interesting, there are many perceptions of what this Metaverse really is.
But I think the world of the upcoming Metaverse is more than just VR where we can actually "touch" the objects we want.
I think that's what Facebook is trying to achieve, unifying all of the Meta worlds, in one single Metaverse, it's a very huge project, and it's not surprising that Mark took a long time to do that. We'll see what will happen next.

Facebook has been declining for several years now. Zuck and his company faced enquiries into their shady, unethical practices and employees were becoming whistleblowers due to the level of corrupt practices.

Zuck needed some idea to divert. So he did what most of the 20th centuries "great minds" are good at doing. Stole an idea. Right from crypto's experiments with metaverse and calling it his own.

This is just a desperate band-aid to pivot facebook. Because the name "facebook" had become synonymous with unethical, evil-mastermind practices. So now its "meta" and Zuck and his marketing team hopes that people will slowly forget Facebook. In short, there is nom grand vision behind this step. Its just a silly diversion.

At some point they aren't the one that invented Metaverse, it goes back far beyond from here, if they want to achieve anything that's only a part from the real inventor. I don't think it's safe to assume that they are the one that can unify the Metaverse world considering how centralized they are, it's likely not a good option tbh.

As far as i know Facebooks metaverse is on beta stage and are gradually inviting people to start playing and testing the metaverse. So yeah, it does exist. And blockchain based metaverse games existed for years. It is only because of the current hype created due to facebook, those metaverse tokens are rising so much. So you are correct here. It is just because of the trend the price of the tokens have gone so high (and people are buying lands and stuffs like crazy). And they are all almost the same. Sandbox games where people can build or do whatever they want.

As a man always searching for ideas that can make Facebook more profitable and of course to plug the leak of decline, he must have found out the huge potential of Metaverse and before anyone can really make a claim of it he repurposed and repackaged Facebook to be the embodiment of the Metaverse thing...but of course we in the world of cryptocurrency is not buying. We know the truth and we know that Mark Zuckerberg is an outsider in this industry...he can claim all he wanted just like Craig Wright but he can never fool us here!

There is something that they will emphasize in Mark and that is that he is a very skilled person, he sees the oprotundiades and takes them without hesitation, where there is potential, he is there, and the truth is that he could not get his currency or stablecoin because China made a lot of war on him , since China's stablecoin was in latent danger with Facebook's Libra, however the pandemic has just retained the Facebook project, now it will bet on metaverses, which is something very big, and the truth is that I do not give importance to the name, be called Meta or Facebook, for me it will always be Facebook and this means that this company will hardly die.

As someone said above, it's an ambarella term. To be honest, Zuckerberg announced metaverse as a brand name for the company in the way to develop something for the future, but in reality, nothing yet has been established. Except for the meta-token which has been officially released.
From another side, some other entities created an alternative to this concept and have started getting benefits from it. Many items got hyped based on those projects.

Metaverse is a new name launched as a replacement for facebook.Most of the projects want to play with metaverse to take advantage of the hype,Some projects are also in the process of creating their own metaverse like decentraland and there is no central metaverse going forward,it's still early stage whether metaverse will be continues to develop as many people hope will happen.

No, the Metaverse is a broader concept. It is not limited to a specific VR project using NFT tokens as in-game currency.

I can say that we need to "Wait a minute" and even longer while the Metaverse projects develop into beautiful realities because in my opinion, almost all of them are still in their infancy. My guess is that the Facebook (Meta) company is currently working on their own high-quality VR project which will be announced and released in 2022-2023.

VR headsets are still quite expensive, so this is an obstacle to the mass adoption of the technology. In any case, I am not skeptical about the bright future of the Metaverse projects.

In fact, each Metaverse is a virtual space where people communicate with each other. This 3D world looks like another type of social network where companies can also advertize their products and services. That is why Facebook considers VR projects as a promising direction of development. Success will depend on how many players are involved in the Metaverse projects.

All that Metaverse stuff is just the current hype of the crypto space so it's no wonder that a lot of projects are launching that are claiming to be a metaverse or that they have something to do with the metaverse. In my opinion most of this projects are no real metaverses yet or don't even want to be a real metaverse. Some of them are just play-to-earn games, but not in a virtual reality. For me a metaverse is a game or application that projects the user into a world that runs in parallel to the real world, which means hat a VR device like the occulus rift or the Valve Index is needed for the expierience. Bloktopia and Victoria VR for example aim to be a real metaverse but they still need time to develop.

there's a reason facebook bought oculus. they are already advertising it. give it 4 years. 2030 is literally right around the corner too. either way. that is not very far away.

I also saw on some social media that Microsoft is already ahead of Meta, it's just Meta is a rookie on this game, as we all know Meta is started with Facebook, social media, and messaging platforms.
So, this is a big challenge for them, I don't hate Meta, I want to see how they will be able to succeed especially with a lot of problems right now a lot of people are hating them.

Metaverse for me is really huge, it's not only limited, that's why I am believing in companies that starting to explore metaverse, but it will also help everyone in the future.

You really need to be careful when you see such names that are popular outside the crypto world because most of them are only being used to scam people just like the squid game token which skyrocket its price and crash suddenly because it's not from the real owner or the movie or they have nothing to do about it just a common folks try to use that name to scam and they were successful doing it. I think this is also the case here, they use the name so that people will think that they were collaborating with each other while in reality, they're not.

It's too early to judge metaverse right now. In my opinion if metaverse need the time to be developed. Making everything to be virtuall is the same like when you are creating a new virtual world with various assets built on it. This is pretty similar like developing the game but remember that if that needs maybe a few years to create the virtual world combined with the crypto economic. The fact that even a good game developers need around a few years to finish its game but what about metaverse and this may take even longer than it to complete the development of virtual world. I remember also of the economic structure of metavers was not always be perfect

Metaverse is not all about Mark but the world are in. We have Vitalik Buterin in. We have Nike in and much more. It sounds like a weird virtual world and things are unclear on how real people will accept it and change their lives from real world to virtual world but we can not say it is impossible.

Internet used to be consider as impossible to change the world. Bitcoin and blockchain used to be considered like this. Now, Metaverse is in similar perspective by the crowd. Let's give it time, a few years or up to 10 years, then we will see a clearer picture about Metaverse.

Mark and Vitalik have changed the world with their top brains. Mark with Facebook and social media. Vitalik with Ethereum and smart contracts. Now, they are crossed each other in Metaverse which is big enough to expect.