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Author Topic: How do you feel about the looming Metaverse boom?  (Read 142 times)
cryptoknows (OP)
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December 13, 2021, 09:09:48 AM
 #1

Hey guys!
I've been thinking a bit about the development of the metaverse and virtual universes in particular.

And so far I cannot answer this question. Will this be a centralized solution offered by the same Meta or will blockchain mostly control this market?

I am asking you this question because the future of cryptocurrency is somehow still not certain, but this is not 2017, where speculators and a sense of easy money were the main market players.

In recent years, cryptocurrencies have nevertheless set themselves the goal of developing technologies and decentralized web3.0 technologies for the general implementation of the future of decentralization on the Internet. Projects such as Near Protocol, Solana, Avalanche, Polkadot have a technological potential that can contain huge metauniverses without a heavy load on the network.

But still, what is the possibility of the existence of metaverse without blockchain technologies?
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December 13, 2021, 11:19:14 PM
 #2

Hey guys!
I've been thinking a bit about the development of the metaverse and virtual universes in particular.
So far so good but too many gimmicks around it.
And so far I cannot answer this question. Will this be a centralized solution offered by the same Meta or will blockchain mostly control this market?
To be honest the majority of facebook users didn't even understand about what metaverse is and i thought that if people need the time to adapt to metaverse. Meta will b offering the same thing like metaverse in crypto but i thought that crypto was a bit better as its metaverse will be combined with PTE to create a real economic on metaverse.
I am asking you this question because the future of cryptocurrency is somehow still not certain, but this is not 2017, where speculators and a sense of easy money were the main market players.
Yeah but time is changing so fast.
In recent years, cryptocurrencies have nevertheless set themselves the goal of developing technologies and decentralized web3.0 technologies for the general implementation of the future of decentralization on the Internet. Projects such as Near Protocol, Solana, Avalanche, Polkadot have a technological potential that can contain huge metauniverses without a heavy load on the network.
They were providing infrastructure for the new developers to build various dapps on it but too many protocols exist in the ecosystem.
But still, what is the possibility of the existence of metaverse without blockchain technologies?
Metaverse can exist without blockchain but it will not have economic value on it

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December 13, 2021, 11:37:08 PM
 #3

But still, what is the possibility of the existence of metaverse without blockchain technologies?
There is a possible way of doing that.

Now that every company has an idea that Metaverse is a click on this generation, they can make their own concept of how to build it without running into blockchain.

But because most of the knew that metaverse started with integration of blockchain, they would still probably be working under it.

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December 13, 2021, 11:39:13 PM
 #4

I don't know what others think but choosing between a Metaverse platform with an earning opportunity and another with just play for fun while wasting time should be an easy task.

People used to play interactive games like Farmville but they got bored eventually. Things would be different if there was a way to earn from that game too.
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December 14, 2021, 12:26:54 AM
 #5

This is a spectacular thing (metaverse) where it can run without reset or pause, mainly being a bridge between the real and virtual worlds even though it may be similar to before (nft)
block chain.

No need to worry about friends, indeed for transactions that are the opposite of the rules in the real world, we know this system is very reliable for financial records,

What metaverse projects are you currently studying? try to get the link bro. Smiley

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December 14, 2021, 12:50:01 AM
 #6

(....)
But still, what is the possibility of the existence of metaverse without blockchain technologies?
This can be related to a digital currency that without blockchain technologies, is centralized indeed. It is controlled by a particular entity.
One of the most use of blockchain technologies is to make a decentralized application without any 3rd party entities, so if you can compare it with a metaverse that is controlled by a centralized entity. Then there is always a problem for sure.
But it still depends for me, because it will also depends on what is the use, what is the problem that needs to be solve and what is the goal of the project.

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December 14, 2021, 03:19:21 AM
 #7

So as to make it decentralised, developers should use blockchain as if it will be created by a company, for example, Meta, it will mean that we all depend on them and if they decide to close an access or something like this, we will not be able to enter the Metaverse so we want to have it decentralised so as not to depend on someone and take all decisions by voting.
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December 14, 2021, 03:46:36 AM
 #8

But still, what is the possibility of the existence of metaverse without blockchain technologies?

The old games we play are not using blockchain I think we already can consider it a metaverse like that old ragnarok game where we can chat all the time with gamers. It doesn't use blockchain but we did have currency there we call zenny. I use to see my cousins playing the game and buying stuff using that zenny.

Metaverse seems to be hyped so much but it already exist before blockchain.

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December 14, 2021, 03:55:19 AM
 #9

But still, what is the possibility of the existence of metaverse without blockchain technologies?

The old games we play are not using blockchain I think we already can consider it a metaverse like that old ragnarok game where we can chat all the time with gamers. It doesn't use blockchain but we did have currency there we call zenny. I use to see my cousins playing the game and buying stuff using that zenny.

Metaverse seems to be hyped so much but it already exist before blockchain.

That's right but the only difference was the new technology applied right since there's already a Virtual Reality technology compared before that you are using an avatar to play on the metaverse. Crypto people is just using metaverse to hype since its a new concept in crypto in general like DeFi which bunch of investors surge in just to have an early investors advantage for profit sake. Current Virtual reality is not that advance compared on what we are visioning on many sci-fi movies. So I'm that this hype will just past away like DeFi and Gaming NFT.

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December 14, 2021, 04:58:26 AM
Last edit: December 14, 2021, 05:08:31 AM by Sayeds56
 #10

Hey guys!
I've been thinking a bit about the development of the metaverse and virtual universes in particular.

And so far I cannot answer this question. Will this be a centralized solution offered by the same Meta or will blockchain mostly control this market?

I am asking you this question because the future of cryptocurrency is somehow still not certain, but this is not 2017, where speculators and a sense of easy money were the main market players.

In recent years, cryptocurrencies have nevertheless set themselves the goal of developing technologies and decentralized web3.0 technologies for the general implementation of the future of decentralization on the Internet. Projects such as Near Protocol, Solana, Avalanche, Polkadot have a technological potential that can contain huge metauniverses without a heavy load on the network.

But still, what is the possibility of the existence of metaverse without blockchain technologies?

Metaverse and Block chain are correlated and Metaverse need Block chain to develop faster and make it un-hackable and immutable . Most of the Metaverse project like SAND and  MANA are built on Ethereum network, no matter what the future of Metaverse but cyrpto currency will continue working as method of payment for goods and services. You said it right that SOLANA,  DOT and Avalanche are much faster network with high transaction speed and scalability so they will attract more Metaverse Projects in future.
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December 14, 2021, 06:15:19 AM
 #11

Metaverse shows that the future is here and even new gaming era isn't left behind, yes it's the future of gaming, communication and business too but to me it still feels early, to perfect this metaverse idea tons of projects will keep bringing up their own ideas

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December 14, 2021, 09:44:57 AM
 #12

I do fear a situation where either:
a) There is a severe lack of good quality metaverse tokens/projects and the space will become mostly dominated by meme projects or

b) The space is completely centralized with FB and other major tech giants taking the reigns.

That would unwind a lot of the good work that has been done in previous years to build up this blockchain community.
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December 14, 2021, 10:13:06 AM
 #13

There's the ease to put value in the coin they want to inject in it by using the blockchain technology.
Metaverse has a lot of definition for different users and they have their own in the gaming industry just like one user above. Shared virtual world, I think that's the true definition of it. I don't know about interactions though as I don't see myself talking to anyone after buying one space of that world.
The only interaction that I saw is the marketplace where different users are buying and selling.
It has a lot of future compared to the basic role playing game where you just play and keep your character strong and buy avatars. Here, there's a chance for profits with a bit of investment. More like other coins where you wait for the value to grow but here you are playing while waiting.
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December 14, 2021, 10:21:55 AM
 #14

The Metaverse trend is with us at least until the end of the year and so far all projects with this word show themselves well therefore I actively invest in new projects that develop in this direction.
True it's worth looking carefully because the market is now greedy and many new projects offer bad conditions and it is better to bypass such projects.
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December 18, 2021, 04:08:50 AM
 #15

The Metaverse trend is with us at least until the end of the year and so far all projects with this word show themselves well therefore I actively invest in new projects that develop in this direction.
True it's worth looking carefully because the market is now greedy and many new projects offer bad conditions and it is better to bypass such projects.
Well I really admire people like you, who are still betting on metaverses, I think the market in general is going through a crisis where NFT and metaverses games are losing credibility because devs have been losing confidence, due to The many scams that have turned out to be many projects, in fact some projects have had a good start but supposedly the whales are the ones that have damaged the games and it is not like that, the games are damaged due to their strong weaknesses or vulnerabilities, that is why that now for everything there are 1 or 2 oracles to protect their players



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December 18, 2021, 04:41:58 AM
 #16

But still, what is the possibility of the existence of metaverse without blockchain technologies?
There is a possible way of doing that.

Now that every company has an idea that Metaverse is a click on this generation, they can make their own concept of how to build it without running into blockchain.

But because most of the knew that metaverse started with integration of blockchain, they would still probably be working under it.

Well wait for it! There is gonna be someone who must be working on the concept of solo metaverse. Though the names mismatch but the idea behind it does not. Dependancy on the blockchain can create mass confusion while segregation in the later times if required to do so. Blockchain is obviously backbone where the whole seeding activity is taking place and I think its not that much difficult to create the "virtual environment" for the metaverse itself. It can bloom on its own, have proper integrated dynamic or stationary servers somewhere and run on them completely and solo!

Though its possible, its not needed I guess. With the time blockchain is getting way stronger and deep routed so there is no way its gonna fail. In fact most of the companies will heavily invest into its classic development and so on.
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December 18, 2021, 04:51:28 AM
 #17

But still, what is the possibility of the existence of metaverse without blockchain technologies?
Actually it could. But if you noticed there are lots of hype in metaverse related to blockchain. Even popular brands like Nike, Pepsi and Adidas got their own nfts if I'm not mistaken and connected to chain. Almost some of the celebrities I knew entering too and more people are having idea of this space of metaverse.

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December 18, 2021, 05:15:58 AM
 #18

yeah the metaverse is crazy, in my opnion is same crazy like DeFi boom back year ago but the metaverse is all over the news because as u know the facebook that everyone know change the name to meta and u can find the token named facebook metaverse with ticker FaceMeta on coingecko
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but to be honest metaverse universe its currently like video game right u can even notice that dozen game that using VR headset so you can feel you in the game

metaverse development maybe need 10+ year

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December 18, 2021, 05:22:54 AM
 #19

I do agree that it has been taking crypto by storm. This Metaverse become the word of mouth and a lot of hype lately.

And I would say that it is good in the market, and even without blockchain technology, I think it will be all look for us. At least crypto is really creeping in with a lot of developments. But Metaverse might take years to really see it's true potential, just saying.

 
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