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Author Topic: Is the Metaverse a bubble?  (Read 1251 times)
LUCKMCFLY
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January 30, 2022, 08:27:10 PM
 #141


Metaverses are actively developing becomes better and interact with each other.
That is why I think that Metaverse is not a bubble. It is a new technology that is actively developing and becoming better.
Now appear projects that allow interacting different Metaverses. Here you can read more about this https://www.livebitcoinnews.com/lbank-exchange-will-list-shuna-inuverse-shunav2-on-january-5-2022/

The demand for Metaverses continues to grow in spite of the fall of the market.
It means that Metaverse does not depend on cryptocurrency.
Many companies create their own Metaverses to use the possibilities they offer.

Metaverses offer people a lot of new and useful opportunities. That is why they are so popular.
Big companies develop and create metaverses to make them in demand.

So far I understand metaverses very well, in fact a global giant even changed its name to Facebook, but we must take into account that with metaverses the possibilities of doing whatever you want can be done, many are wondering about metaverses focused on NFT games, many were claiming that 2022 is the year of NFT games, but given the behavior where the majority has become a pyramid scheme, will these NFT games be safe with the metaverses? What criteria will be taken into account for the internal economy of an NFT game to be successful? Will the different networks like Solana, Polygon, be better than the same BSC network?

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January 30, 2022, 09:05:50 PM
 #142

Metaverse technology was suppose to create some hype for 2022 and spike another bull run, but it seems it's not yet fully developed to the extend of creating the needed adoption. Buying and selling lands in the metaverse still seems like a Greek to me. I am still learning though.
Well, there has been the hype that has started last year. I think that's it and likely about to be over but for some Metaverse projects, they're going to be still popular but the hype and value of their token losses a lot. The positive on that part is that they'll stay in the market with the popularity they've gained last year. I think that's the good thing that has happened to them and even in a bear market, they already have the loyalty of their players that are for the NFT game that's enjoyable and not only to the token's value.
They are not yet too popular compared to NFT but their names have been already on the whitelist. Well, think about hypes and bubbles, it hasn't looked by now but just like many projects once it was done with that trend can be possible the next move will be the dump, burst. Considering that situation that is how I just consider them for a short-term investment, not ideal for long-term as to speculate that it is hard for them to recover once they reach on the ground.
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February 04, 2022, 07:51:36 AM
 #143

I believe the metaverse market will become a trend in the coming years. Yes, many people believe that if there is a metaverse cryptocurrency project this year, it will be considered a bubble.Take also a look at DAO maker, I just managed to join their best sales on the launchpad that had the highest ROI in 2021. Going back, if everyone started using metaverse technology, this type of cryptocurrency would likely outperform the NFT trend. We'll find out in a few years.
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February 08, 2022, 03:05:53 PM
 #144

I was surprised to hear the news on Bloomberg TV when it was reported that the object price in the Metaverse project was more than $1 million, some even tens of millions, this is what makes metaverse projects more and more popular after the NFT boom is not over and of course this is very good for cryptocurrencies because it can trigger the request.
This is only because of the hype that some millionaires have started to make. It would not have been possible for Metaverse to become this popular otherwise. In fact that is the only reason why scammers are also jumping the bandwagon and starting to make fake websites with the same or similar sounding names.

I can guarantee that newbies will lose money more in fake metaverse projects than any real ones. Another thing to question is whether any real metaverse token will actually get that much attention for a long term model to develop.

The NFT boom is still happening and it is taking a different turn - trying to make useless internet objects into priced possessions. Not that I am a fan of it, but this seems like the end of NFT is also near.

R


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February 09, 2022, 10:00:22 PM
Last edit: February 09, 2022, 10:11:38 PM by trendcoin
Merited by LUCKMCFLY (1)
 #145

It's not fair to say that the Metaverse is a bad bubble. It has good sides and bad sides. For example, soldiers can be trained by simulating difficult conditions in the military field. For example, doctors can gain experience by simulating difficult surgeries. It will be a wonderful universe experience for us. However, we should not exaggerate. Because we have real lives. :) I believe in the future of Metaverse projects. Finding the right project will not be easy. I wish everyone good luck.

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February 10, 2022, 05:53:03 PM
 #146

This is only because of the hype that some millionaires have started to make. It would not have been possible for Metaverse to become this popular otherwise. In fact that is the only reason why scammers are also jumping the bandwagon and starting to make fake websites with the same or similar sounding names.

I can guarantee that newbies will lose money more in fake metaverse projects than any real ones. Another thing to question is whether any real metaverse token will actually get that much attention for a long term model to develop.

The NFT boom is still happening and it is taking a different turn - trying to make useless internet objects into priced possessions. Not that I am a fan of it, but this seems like the end of NFT is also near.
Unfortunately there are too many of those fake websites and projects. Just recently I have seen a project that stole images from online places (well not stole, bought those images, but it is not theirs) to use for their projects.

So, they basically have videos and images all from around the world and they are acting as if they are building something. It's fine to use imageshack or whatever for your website when you are building, hell even use videos from others if you want to but doing that without notifying that is not what you are using, and saying that it is yours? That is straight up scamming.

You and me may not fall for it but there are tons of people who will fall for it. Making 10-20 thousand dollars from "metaverse project" became so easy, you can convince enough people to scam them and make that kind of cash and run away with it which is disgusting.



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February 13, 2022, 02:05:54 AM
 #147

It's not fair to say that the Metaverse is a bad bubble. It has good sides and bad sides. For example, soldiers can be trained by simulating difficult conditions in the military field. For example, doctors can gain experience by simulating difficult surgeries. It will be a wonderful universe experience for us. However, we should not exaggerate. Because we have real lives. Smiley I believe in the future of Metaverse projects. Finding the right project will not be easy. I wish everyone good luck.
This is one of the best opinions I have read, and you are absolutely right, the metaverses can indicate a great advance and help for those who want to take advantage of it to be able to grow professionally, some are already thinking about developments for meetings in companies and being able to transcend towards a better vision of life, I believe that artificial intelligence in the metaverses will be the protagonist, of course this can change the schemes and methods that are had for trading, for games, but what it affirms is what the metaverses should focus on.

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February 13, 2022, 04:08:21 AM
 #148

When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?

Can $SAND $MANA still be invested?
I think just like De-Fi and NFT craze I guess that Metaverse will also create a huge hype and create a enormous opportunity for gain so if you are planning to invest in some Metaverse project just do your research and look for a very potential project for a good profit.

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February 13, 2022, 08:08:14 AM
 #149

Starting from this principle that you name from Facebook, I don't see it as a bubble or a simple fad either, I think the metaverses are here to stay, obviously this will be a world where there will be freedoms that cannot be executed in real life, however the metaverses they are so ingrained in us, that without having come out in their entirety we are already needing it, a common example is the NFT games in the metaverses, the networks that will be most sought after are the cheapest for their fees, so not only in any eventuality metaverses can be used but in game development and others.
Metaverses is a new hype, which, using the example of some projects, has shown that people are interested in it and therefore in the future it will gain mass character. I don’t think that the metaverse is a bubble that will burst soon, I think that an alternative reality will be to the liking of many. If people there buy land and property for cryptocurrency, then they will not refuse it so easily.
Well, buying estates on the Metaverse has been the new trend and everyone is talking about it and every investor is going for it , nobody wants to miss the new trend in the market. It’s the normal thing, nobody wants to miss a new trend in the market. Nobody cares whether the houses they are buying is real or not , they don’t care about the fact that if the platform goes down that their precious estate would be nowhere again, they just keep buying, and of course they are going to benefit from it.

And I believe that everyone who is investing at this early point would be the ones who are going to benefit from it than those who would coming later, because right now it is a huge trend.

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February 13, 2022, 10:32:48 AM
 #150

People say its the next big thing but for me who is living in the present doesn't really care about it, just focusing on what to invest now and for the future and it will work for the next 10 years atleast so I have time and see whether the metaverse will takeover or just fade like other trends hyped in the past.

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February 13, 2022, 01:00:54 PM
 #151

Metaverse is a new thing so many people think of it as a bubble, I think this is normal just like what happened with expensive NFT, but the good side is that it can make the market move positively so that we also get profits indirectly.

Yes, the good side is there are speculators who put their money inside. It may reflect to the entire market as a whole,

whether it's a bubble or there are real usages that will benefit this industry, the fact that it's still on the money side
and investors are into venturing with opportunities.

Only time can tell if what will happen to this system, if you are interested in participating better to do your homework
and never to put your guard down.
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February 14, 2022, 07:19:34 AM
 #152

Because the Metaverse project is still in its infancy, existing projects are naturally very expensive, leading many to believe that this is a bubble; however, as more Metaverse projects emerge, the price will naturally fall. Anyway, Consider DAO maker; I recently joined their best sales on the launchpad with the highest ROI in 2021.
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February 14, 2022, 07:24:02 AM
 #153

Because the Metaverse project is still in its infancy, existing projects are naturally very expensive, leading many to believe that this is a bubble; however, as more Metaverse projects emerge, the price will naturally fall. Anyway, Consider DAO maker; I recently joined their best sales on the launchpad with the highest ROI in 2021.
How much have you made with that launchpad? What's the name of the project itself? There are many projects that's being made in DAO maker and I've been reading people are enthusiastic about DAO.

People say its the next big thing but for me who is living in the present doesn't really care about it, just focusing on what to invest now and for the future and it will work for the next 10 years atleast so I have time and see whether the metaverse will takeover or just fade like other trends hyped in the past.
It's possible that the Metaverse hype could just be the same as ICO, IEO and other of the same. Time gonna come that they're no longer important to the others and will still stay to the usual crypto like bitcoin.

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February 14, 2022, 08:02:09 AM
 #154

The term "bubble" is vague and often ill-defined - generally, people mean an asset is overinflated and bound to crash in value. The problem is while this may happen to an asset, or be true of it, it does not mean that same asset cannot recover and reach new all-time highs. I use bitcoin as an example, since it's been called a bubble by the mainstream media probably more than any other asset.

To get to the basic question here, the top metaverse projects are likely to be highly profitable in the very long term. Decentraland and The Sandbox seem to be the front-runners thus far (with other winners likely to emerge).
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February 14, 2022, 08:14:13 AM
 #155

As we all know we can not expect all projects will perform or will succeed in the market whether the project relates to Metaverse or something else. Metaverse is not a guarantee of success. I see most of the new projects are metaverse and dev are trying to take advantage of the hype of metaverse. Like we always say Bitcoin is costly to invest like this many will say the same thing for Sand & Mana but I would suggest you when you find a 50% correction in these coins you can consider these if finds a good time to invest.

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February 14, 2022, 08:20:52 AM
 #156

Yes, Metaverse can be called a bubble that has a big influence at this time for projects that carry the Meta concept. Like everything that happens in a technology, there will be a time of each and will be abandoned if one day it is considered no longer contributing to human life on earth.

SAND and MANA can still be invested at this time, because this is an opportunity for you to buy when prices are down.

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February 14, 2022, 09:39:12 AM
 #157

As we all know we can not expect all projects will perform or will succeed in the market whether the project relates to Metaverse or something else. Metaverse is not a guarantee of success. I see most of the new projects are metaverse and dev are trying to take advantage of the hype of metaverse. Like we always say Bitcoin is costly to invest like this many will say the same thing for Sand & Mana but I would suggest you when you find a 50% correction in these coins you can consider these if finds a good time to invest.

That counts if you understand and believe the possibilities of the asset to bounce back.

Same deal with any other crypto, meta have that nature. It needed to be studied well before you take your call and invest
your money, without any further knowledge, the risk may be higher compared with top coins that are already available
and already proven the worth.
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February 14, 2022, 12:08:19 PM
 #158

At the moment, I believe that the Metaverse is a new business platform that has not yet completely unlocked its opportunities for business development. And in the near future, the Metaverse will be the most demanded product on the cryptocurrency market. So it remains only to wait for the full potential of the Metaverse to be discovered.
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February 14, 2022, 12:34:50 PM
 #159

At the moment, I believe that the Metaverse is a new business platform that has not yet completely unlocked its opportunities for business development. And in the near future, the Metaverse will be the most demanded product on the cryptocurrency market. So it remains only to wait for the full potential of the Metaverse to be discovered.

yeah, it is hard to say is it a bubble and where the price is heading
but, this is a new reality and new business model for digital world, we were 100% off-line, television brought us to 90:10, mobile phones almost equalize it to 50:50 digital : real world, and metaverse would put it to 10% real world, 90% digital, if the trends continue

nevertheless, it is hard to put a price tag on that one, and which project would go bust, and which will succeed
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February 15, 2022, 12:57:16 PM
 #160

People say its the next big thing but for me who is living in the present doesn't really care about it, just focusing on what to invest now and for the future and it will work for the next 10 years atleast so I have time and see whether the metaverse will takeover or just fade like other trends hyped in the past.
It's possible that the Metaverse hype could just be the same as ICO, IEO and other of the same. Time gonna come that they're no longer important to the others and will still stay to the usual crypto like bitcoin.
Meta Verse has other utility as well that is why tech giant company Facebook started to develop their platform based on metaverse which is going to be the future of gaming and social media but I don't ever thought it will change the blockchain payment system too.

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