Chinese version of Metaverse will be great for meta casinos.

[Fivestar4everMVP]

i didn't know how AR differs to VR.

To add to what other users might have said concerning the difference in this two, below are image explanations which I think will help you and every one else understand better the difference between Virtual reality(VR) and Augmented reality(AR).

Virtual Reality(VR)


Augmented Reality(AR)


I hope the images explain better to you and every one else.

[livingfree]

China is the biggest population country with the Communist way of government.So here people can easily try to hold their private assets.China was top most country for crypto currency mining.But after huge economics activity against the government and individual assets building.This leads to the government involvement to the economic policies and regulations towards the crypto currency.They impose the law,involving in the crypto currency was not a good way of economy in the country.Later Chinese government ceased most of mining setup.

They didn't impose a ban on crypto because it's not good on their economy. They've banned it because they want to ban it and that's how communist country works.

It can just control everything including their people's lives not just the assets that they have. Although, if there are ideas that seems to be good for everybody like Metaverse or what OP has started as a topic, still, they can only choose what they want for their people.

[serjent05]

i didn't know how AR differs to VR.

To add to what other users might have said concerning the difference in this two, below are image explanations which I think will help you and every one else understand better the difference between Virtual reality(VR) and Augmented reality(AR).

Virtual Reality(VR)


Augmented Reality(AR)


I hope the images explain better to you and every one else.

In textual explanation, here is the difference between the two:

• VR creates an immersive virtual environment, while AR augments a real-world scene.
• VR is 75 percent virtual, while AR is only 25 percent virtual.
• VR requires a headset device, while AR does not.
• VR users move in a completely fictional world, while AR users are in contact with the real world.
• AR requires higher bandwidth than VR.
• AR is intended to enhance the virtual world and the real world. VR replaces the real world with a fictional reality, which is primarily intended to enhance games.

source: https://www.teamviewer.com/en-us/augmented-reality-ar-vs-virtual-reality-vr/#:~:text=VR%20creates%20an%20immersive%20virtual,contact%20with%20the%20real%20world.


Regardless of China's stance on cryptocurrency, if this kind of metaverse is created, I believe it will be a huge boost to the industry.  It is good to see projects that aren't half-baked or done in haste.

[Silberman]

Mainland China is strictly anti-gambling.... both online and offline wagering are illegal with both punishable by fines and imprisonment.    Macau on the other hand, is a special administrative region like Hong Kong, and the only place in China where casinos are legal.

So most of the Chinese people will not be allowed to gamble on that digital platform, with them being one of the strongest economies in the world. So the success of this Chinese Metaverse will be based on the willingness of western countries to migrate to that platform.  

And if most Chinese are not going to be allowed on that site, it is senseless to think that the news will help boost gambling. Generally I see China as a country denying itself of everything that has to do with modern luxury. It does not like and support cryptocurrency also. China is a country whose citizens live in modern slavery.

What I am thinking is that if majority of Chinese is being denied by this digital advancement,
other progressive countries will find this useful to their citizens, especially those who don't want to get out of their homes.
People are favoring the in-house entertainment because of this pandemic.
So it is easy to market it to other countries which are not very strict with online gambling.
In the future, I think, metaverse will be the new way of life of some people as they embrace this digital age.

It is going to be interesting to see how things evolve from now own, the pandemic brought a huge change in the way people behave and people now prefer to spend time indoors, and when we add all of this upcoming technology then I think this tendency is going to accelerate, however we also need to think about the future, this tendency could get dangerous as there are less and less people interacting directly and instead they are using their smartphones to do so, so maybe in the future we will need technology to encourage people to go outside and to not remain at their homes for long periods of time.

[btc_angela]

^^ Yes, and although we have VR already, I think Metaverse was born out of the pandemic, as we don't need to interact physically that time. But since we are back in the "norm" already, who knows, maybe the whole Metaverse will just be like the VR and AR today, not that much hype.

And we have online casinos already that we can go anytime we want to play. And so it begs me to question if we still need the metaverse version of it, just saying.

[Boristhecat]

Why do you think so? In China, even your health passport turns red (and bans you from all travel) if the government suspects you of going to a protest rally or the like. Why do you think that the Chinese version of the metaverse will be freer? With its actions in relation to cryptocurrencies, China has already shown that China and any decentralization and freedom are incompatible. Any Chinese product is censored garbage that can be used against you at any time. I will never use Chinese Metaverses or any other Web 3.0 products.

No government agency bother to look at Meta when Zuck was developing his facebook Meta. No SEC ever tried to look at it but when Zuck develop facebook coin SEC was threatened and issues about privacy were dug where he was summoned to the senate. But With Meta, he seems safe.

I guess it's the same with this Chinese metaverse.

Are you really that out of touch with reality? Have you ever heard about the fact that in China the Internet is very much cut off from the "external" Internet, many social networks such as Facebook are banned, and the Chinese messenger WeChat has direct message censorship? There is no chance that in the presence of such totalitarian censorship and control, such a product will appear in which they do not exist.

[noormcs5]

China is the biggest population country with the Communist way of government.So here people can easily try to hold their private assets.China was top most country for crypto currency mining.But after huge economics activity against the government and individual assets building.This leads to the government involvement to the economic policies and regulations towards the crypto currency.They impose the law,involving in the crypto currency was not a good way of economy in the country.Later Chinese government ceased most of mining setup.

Chinese has been a leader in all the technologies which are being developed these days and i am sure they will lead the metaverse too. Do not think that china often ban crypto currencies and they may not be showing interest in Meta Verse. I believe that the Chinese metaverse will be adopted by everyone around the world.

^^ Yes, and although we have VR already, I think Metaverse was born out of the pandemic, as we don't need to interact physically that time. But since we are back in the "norm" already, who knows, maybe the whole Metaverse will just be like the VR and AR today, not that much hype.

And we have online casinos already that we can go anytime we want to play. And so it begs me to question if we still need the metaverse version of it, just saying.

There is no way to know how the real Meta Verse will look like ? 

Virtual reality is used for some time now but i don't think meta verse is an extended version of VR. It is something new and something different. I can't imagine how one will feel while being in a meta verse world. Also, Metaverse will not be something static, it will keep on reforming with time.

[bittraffic]

Why do you think so? In China, even your health passport turns red (and bans you from all travel) if the government suspects you of going to a protest rally or the like. Why do you think that the Chinese version of the metaverse will be freer? With its actions in relation to cryptocurrencies, China has already shown that China and any decentralization and freedom are incompatible. Any Chinese product is censored garbage that can be used against you at any time. I will never use Chinese Metaverses or any other Web 3.0 products.

No government agency bother to look at Meta when Zuck was developing his facebook Meta. No SEC ever tried to look at it but when Zuck develop facebook coin SEC was threatened and issues about privacy were dug where he was summoned to the senate. But With Meta, he seems safe.

I guess it's the same with this Chinese metaverse.

Are you really that out of touch with reality? Have you ever heard about the fact that in China the Internet is very much cut off from the "external" Internet, many social networks such as Facebook are banned, and the Chinese messenger WeChat has direct message censorship? There is no chance that in the presence of such totalitarian censorship and control, such a product will appear in which they do not exist.

Consider TikTok. Once they see it will benefit all, they'd open it to everyone. Consider 5G, it's China's space but they let everyone use it.
These are Chinese products same to the Metaverse they plan. Too bad if we can't access it since Zuck's Meta spends $15B with no companies backing it.

Censorship is everywhere actually. PRC bans apps but the Chinese can use facebook same as Wechat which anyone can use too but don't look for something that Baidu considers to be unnecessary like searching for nude images there. We can find it on google.com.

The government bans BTC mining, but it doesn't stop the Chinese from mining though.
Gambling is banned too. But hey Hongkong is just a few miles away. There's also Singapore and Macau. The PRC knows if you want it, you can find a way.

[doomloop]

In the future i think its not so far fetch after all to play and travel around the world while at home. the way its been described by Cyrus will actually work best for metaverse casinos than what Zuckerberg have in mind.  i think this is where we can chat on the poker table and make bluffs.

Everything is in the planning stage or stage until one company shows up the real model of this metaverse, any company or country can create a concept and show the world a prototype but until we see a real one with usability then that's the time that we can say that their version is a better one, the video looks good we'll see if what we all saw in that video is very much the same on the actual model, Chinese are good in imitation but not on originality.

There are metaverse projects which are still on their planning phase and they haven't released the product on public while there are some who are already out but they still continue to develop like on what is seen on their roadmap.

For meta, formerly known as facebook I think they are still on their planning stage but they already change their name and that is meta. There's a video of them which shows their concept of metaverse and people laugh at it because the graphics looks childish and looks like it was being drawn by a kid but there is always a room for improvement. Maybe they will only shock us once the true model comes out.

[electronicash]

In the future i think its not so far fetch after all to play and travel around the world while at home. the way its been described by Cyrus will actually work best for metaverse casinos than what Zuckerberg have in mind.  i think this is where we can chat on the poker table and make bluffs.

Everything is in the planning stage or stage until one company shows up the real model of this metaverse, any company or country can create a concept and show the world a prototype but until we see a real one with usability then that's the time that we can say that their version is a better one, the video looks good we'll see if what we all saw in that video is very much the same on the actual model, Chinese are good in imitation but not on originality.

There are metaverse projects which are still on their planning phase and they haven't released the product on public while there are some who are already out but they still continue to develop like on what is seen on their roadmap.

For meta, formerly known as facebook I think they are still on their planning stage but they already change their name and that is meta. There's a video of them which shows their concept of metaverse and people laugh at it because the graphics looks childish and looks like it was being drawn by a kid but there is always a room for improvement. Maybe they will only shock us once the true model comes out.

we all saw the video, users mocked it. they are still in planning stage just forgive it. its not a well timed development because Facebook's meta at the earliest phase encounters lots of hinder to go on since U.S. regulators are suing them and determined to succeed.

In July, the Federal Trade Commission sued Meta to block it from acquiring Within, the maker of a popular V.R. fitness app. Meta is fighting the agency's lawsuit, which it has called “wrong on the facts and the law.”

[Silberman]

we all saw the video, users mocked it. they are still in planning stage just forgive it. its not a well timed development because Facebook's meta at the earliest phase encounters lots of hinder to go on since U.S. regulators are suing them and determined to succeed.

In July, the Federal Trade Commission sued Meta to block it from acquiring Within, the maker of a popular V.R. fitness app. Meta is fighting the agency's lawsuit, which it has called “wrong on the facts and the law.”

This is really interesting information, I really think Facebook as a company has stagnated and Zuckerberg is looking for new ways to make his company grow, and this is why he is putting so much weight behind the metaverse as he wants to build yet another monopoly, so I find interesting that finally some kind of limit is being put in his ambitions, but even then I do not think it is going to be enough to stop him as he seems to be determined to make the metaverse a reality.

[LUCKMCFLY]

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I believe it is more likely Chinese Metaverses will be asked by the Chinese Communist party to implement the digital Yuan as a currency of choice for their built-in services or gambling, gaming, payment processors, etc. It would make sense, since we all know Chinese government is not in favor of their citizens having access to decentralized currencies or even strong cryptography. In that order of ideas, while the ideal metaverses would be about each user safely managing their identity, assets and NFTs, the Metaverses made in China would have the peculiarity of having the government holding cryptographic master keys to retrieve NFts, digital yuans and ban anyone if they deem it necessary and of course anything made on the Metaverse would have an impact over the real life social score.

Casinos will be an indirect branch of the CCP.

If it is a way of seeing things with more realism, however, I believe that the Chinese have gone through many stages of their lives that have marked them as fighters, they have been in wars and in very difficult situations, it would be very nice if they left intimidate so much by a government where in these times the least that should be allowed is that they brainwash people to put ideas focused on politics that lead them nowhere, these things are the ones that have to wake up, and the Chinese sn People who love to have their money and take great care of it, I don't think they will say No to money, much less if they see that they can earn a lot.

we all saw the video, users mocked it. they are still in planning stage just forgive it. its not a well timed development because Facebook's meta at the earliest phase encounters lots of hinder to go on since U.S. regulators are suing them and determined to succeed.

In July, the Federal Trade Commission sued Meta to block it from acquiring Within, the maker of a popular V.R. fitness app. Meta is fighting the agency's lawsuit, which it has called “wrong on the facts and the law.”

This is really interesting information, I really think Facebook as a company has stagnated and Zuckerberg is looking for new ways to make his company grow, and this is why he is putting so much weight behind the metaverse as he wants to build yet another monopoly, so I find interesting that finally some kind of limit is being put in his ambitions, but even then I do not think it is going to be enough to stop him as he seems to be determined to make the metaverse a reality.

Well it seems that you have said everything in very short words, and I also think the same, and it is that Mark has had the intention of benefiting from the Crypto market, it is not crazy what he tried to launch some time ago, between 2019 and 2020 his own cryptocurrency, but I remember very well that one of the countries that made a lot of war was China, because they said it was a copy of their currency, and this caused some problems and many things that Mark could not get ahead with his cryptocurrency, at that time it was going to be called "Libra", then the pandemic came from there and everything we have been living through over these years, which is something very bad, but through the metaverses, it is very likely I can implement something simlar.