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Author Topic: Chinese version of Metaverse will be great for meta casinos.  (Read 550 times)
electronicash (OP)
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June 19, 2022, 05:26:51 AM
 #1


just saw this video published today by Cyrus Janssen.  although he isn't providing link to what he is actually talking about. I did some googling which i found these:

https://www.bloomberg.com/news/articles/2022-03-29/alibaba-makes-metaverse-bet-in-china-s-magic-leap-rival
https://www.alibabacloud.com/solutions/metaverse

i didn't know how AR differs to VR. Alibaba will be creating the worlds shopping center where you can use the headset and just literally going to experience this metaverse.

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.

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June 19, 2022, 05:52:12 AM
 #2

Metaverses are entertainment for many people, as is virtual reality. People come to casinos to have fun and enjoy themselves too. So the casino in VR is double entertainment. When the metaverses and VR are of a very high quality, I am sure that these technologies will be used everywhere, not just to go to the mall or to travel.
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June 19, 2022, 12:55:38 PM
 #3

Virtual Reality (VR) and Augmented Reality (AR) each have an own market.

Different types of information are superimposed over the real world in Augmented Reality. It's as if you're wearing a glass or head gear similar to the robot vision featured in the movie, where information is displayed on top of the object you're looking at. Perhaps AR could be really handy for counting cards?

Virtual reality, on the other hand, appears to be more useful for training or as a gateway to an actual casino experience, and table game simulation is an excellent example of this to gain a better understanding of the game's concepts.

If I were to choose which technologies will have more impact specifically in casino, it would be AR for sure!!!
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September 23, 2022, 02:50:47 AM
 #4


here is an update to their metaverse which they compare this time to the Meta of facebook. they're telling that its more decentralized which they are the ones setting the standards of using Meta. they are showing this to be more like how the internet today.

https://www.youtube.com/watch?v=Os6s4ZIH3l8

if this is not created by Chinese, do you think there will be more hype on this development?

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September 23, 2022, 03:33:14 AM
 #5

-snip-
they're telling that its more decentralized which they are the ones setting the standards of using Meta.

The question is, can decentralized (or close to it) services grow in China? I don't have much hope for China to be able to play casino freely especially crypto-based, yeah even though they are always at the forefront of technological developments.
VR technology can indeed enhance the desire of casino players to play close to reality in countries where there are no physical casinos. Still I can't understand why he chose a country with so many restrictions to develop a potential company, so far I don't see that HTC's president is a Chinese (maybe I'm wrong).

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September 23, 2022, 03:43:39 AM
 #6

The question is, can decentralized (or close to it) services grow in China?

I don't think so. And I wouldn't bet on it unless they gave me a gigantic potential return for the bet.

I don't have much hope for China to be able to play casino freely especially crypto-based, yeah even though they are always at the forefront of technological developments.
VR technology can indeed enhance the desire of casino players to play close to reality in countries where there are no physical casinos. Still I can't understand why he chose a country with so many restrictions to develop a potential company, so far I don't see that HTC's president is a Chinese (maybe I'm wrong).

I also share your concerns but Cher Wang is Taiwanese, so it's debatable whether she's Chinese or not, LOL. I don't know if this will help clarify anything.

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September 23, 2022, 04:22:43 AM
 #7

Idk, I think AR would be better in terms of casino experience, and would probably be a lot quicker in terms of improvement. AR would add the experience of that 2d/3d feel to the real world which imo is a lot easier compared to adding that realistic 3d feel of the world towards 2d/3d. It's the difference between implementing a system in a developed world and developing a new world. Plus, it makes you go out.

I'm honestly more interested now in AR development with what they showed.

The question is, can decentralized (or close to it) services grow in China?
Not possible. I mean it's China, I don't think we have anything more to discuss there. 

 
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September 23, 2022, 04:44:57 AM
Last edit: September 23, 2022, 08:29:27 AM by mindrust
 #8

I think AR/VR will never replace the real world. Check Meta’s stock price it is going down into toilet. People are simply not interested in this shit. I know I am not. Some people will try it out eventually but Zuck made a bug mistake with changing the corporate’s name in to Meta imo and we can see the effects on the price of the stock. Right now MeTa is the (or one of the) cheapest social media stock there is and it is being priced like it is going bankrupt. That should give you an idea .

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September 23, 2022, 05:51:16 AM
 #9


~

if this is not created by Chinese, do you think there will be more hype on this development?
Hype or not depends on marketing to promote this metaverse to the community, when management and developers want to provide full support by means of a very large promotion then it will become hype and have a chance to become even bigger, but if there is no good marketing strategy then this circulation of metaverse will disappear like the others.

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September 23, 2022, 06:00:40 AM
 #10

Mainland China is strictly anti-gambling.... both online and offline wagering are illegal with both punishable by fines and imprisonment.  Roll Eyes  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.  Roll Eyes

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September 23, 2022, 06:44:08 AM
 #11

Metaverses are entertainment for many people, as is virtual reality. People come to casinos to have fun and enjoy themselves too. So the casino in VR is double entertainment. When the metaverses and VR are of a very high quality, I am sure that these technologies will be used everywhere, not just to go to the mall or to travel.

I remember the AR which I experienced in some of the gadgets a long way back but its not really same as metaverse so there is a lot difference to satisfy the current generation tech users. And if I am not wrong China completely banned any type of gambling apart from one province so the market in China for the gambling industry is not really great like other countries so even if the technology is developing the company will like to introduce them on more democratic and gambling friendly countries.

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September 23, 2022, 07:10:24 AM
 #12

I think AR/VR will never replace the real world. Check Meta’s stock price it is going down into toilet. People are simply not interested in this shit. I know I am not. Some people will try it out eventually but Zuck made a bug mistake with changing the corporate’s name in to Meta imo and we can see the effects on the price of the stock. Right not MeTa is the (or one of the) cheapest social media stock there is and it is being priced like it is going bankrupt. That should give you an idea .


In the future, virtual and augmented reality technologies will become very widespread. 

Modern smartphones no longer surprise with their technologies.  In their development, quantitative rather than qualitative changes occur.  The number of cameras is changing, IPS screens are being replaced by OLED screens, stereo sound is being improved, and so on.  However, modern smartphones are not much different from smartphones in 2017.  There are no fundamental differences.  The functionality of modern and old smartphones is exactly the same. 

At the same time, augmented virtual reality headsets provide a completely different user experience.  They provide a complete immersion in virtual reality.  The smartphone also allows tactile, visual and auditory interaction with its owner. 

However, the smartphone does not provide a complete immersion in virtual reality. 

Currently, most of the major IT companies are making huge investments in virtual and augmented reality technologies.  Because it is clear to everyone that other devices should come to replace smartphones and laptops.  Many believe that the future belongs to augmented and virtual reality headsets, helmets, glasses, and so on. 

Perhaps virtual augmented reality will develop only with the massive introduction of neural interfaces that will allow you to deliver information directly to the brain. 

In any case, it is virtual augmented reality that will allow you to get a unique user experience in a new type of online casino.  Such online casinos are the future!

 
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September 23, 2022, 07:21:56 AM
 #13

Mainland China is strictly anti-gambling.... both online and offline wagering are illegal with both punishable by fines and imprisonment.  Roll Eyes  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.  Roll Eyes

Western countries to migrate to a China platform?I think people are dreaming a bit to big here.Most Western countries have removed their factories in China because Chinese are great copiers of technology so they have migrated their workforce to other countries,maybe a bit more expensive but at least in those countries the risk of the technologies being copied is much lower.

I don't expect such countries to migrate to a Chinese platform despite it being marketed as something really big,the Western countries will not be impressed and so most probably this metaverse will fail but only time will tell.

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September 23, 2022, 07:36:09 AM
 #14

But in mainland China, gambling is illegal. Is Jack Ma hoping to receive wide acceptance by ignoring the communist authorities? Jack Ma for sure knows that despite bitcoin, crypto, mining, and gambling being illegal, there are still probably millions of Chinese involved in it secretly. Rich Chinese though can easily evade the law since they can just go to HK or Macau or overseas and acquire an ID or even properties in order to be exempted.

This project though if realized including the casinos will be a problem for Jack Ma if the government will go against it. I am not updated if Jack Ma is still a member of the communist party after he went MIA last year.

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September 23, 2022, 07:52:46 AM
 #15

I think AR/VR will never replace the real world. Check Meta’s stock price it is going down into toilet. People are simply not interested in this shit. I know I am not. Some people will try it out eventually but Zuck made a bug mistake with changing the corporate’s name in to Meta imo and we can see the effects on the price of the stock. Right not MeTa is the (or one of the) cheapest social media stock there is and it is being priced like it is going bankrupt. That should give you an idea .

You have a point but I guess what they are offering are alternative, so in the end, it's the people that are going to win here.

The question is, can decentralized (or close to it) services grow in China?
Not possible. I mean it's China, I don't think we have anything more to discuss there. 

That is the big question, but we already knows that the Chinese government will not allow decentralization. Just like what they did in crypto, they allow it to flourish until such time that it grows big. And what they do is simply shut it down for good.

 
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September 23, 2022, 08:05:33 AM
 #16

Going through the VR/AR and the meta, what percentage of the people are using it. This is beyond a common man's need. It can be praised as a big innovation that have made far better things that human mind cannot think about. At the same time it also need to provide some real life usage for the common man. Everything is just a hype, and we've got everything on place. Now in the name of innovation we can't come up with realistic products and that is why everyone moved to meta which isn't needed for human survival.
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September 23, 2022, 09:20:47 AM
 #17

AR is augmented, think of layers on existing "world". VR is completely digital. Hence the AR device needed to augment what you can already see.

The metaverse concept everyone's bandying about is completely VR (virtual), though I suppose AR could be used to bring aspects of it out into those wanting to mix the experience.

Have to say though, practical versions of metaverse casinos actually existed since the late 1990s... I should know, my very first online casinos were installed from CD software... William Hill and another one I don't recall had a huge virtual casino experience, avatars, chatrooms, suites, VIP rooms, restaurants, etc.

It does seem like it's moved away from that now. Live dealers streamed in real-time, preferred to actual gamblers mingling around in lobbies and tables as chatting avatars. So I think that while the tech exists to renew the old idea and make it better, is that what gamblers really want? Is there even a market anymore for it? Social app users and gamblers, they're not necessarily the same group of people.

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September 23, 2022, 11:37:57 AM
 #18

Considering that the pictures and videos of Meta's version of metaverse, I'm glad that the Chinese are stepping up their game and implementing a lot cleaner and more visually appealing version of their metaverse. Mark Zuckerberg's version seems like a capstone project of VR students that just wants to test their fundamentals on the subject. While I understand that creating VR material is extremely hard, knowing that the likes of Half-Life: Alyx exists already from a company that has a relatively smaller budget than Meta's, of course people expected more.

China's visualization of how the metaverse should be is great. It can be adopted onto a bunch of things and companies can use it as a basis. Imagine the thought of walking through the alley and being welcomed into the casino even though you're just wearing your pajamas at the comfort of your home? I know it's a gimmick but it's a fun way to do things.

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September 23, 2022, 01:36:03 PM
 #19

If we talk about a future where technology will develop much better than now, there is a possibility that AR and VR technology will also have a better form. Currently, the technology is still in development and has not yet reached its maximum stage because its appearance is still not as smooth or "live" as we see it in the real world. So I don't think it will be implemented into gambling yet because I think the price to buy the equipment is still quite expensive for most gamblers who still prefer to use the existing technology. But that will change when the equipment price can be cheaper so they can buy it easily. It all depends on how much it costs people to buy the equipment and if it's still expensive, not everyone will try it.

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Boristhecat
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September 23, 2022, 01:53:26 PM
 #20

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China's visualization of how the metaverse should be is great. It can be adopted onto a bunch of things and companies can use it as a basis. Imagine the thought of walking through the alley and being welcomed into the casino even though you're just wearing your pajamas at the comfort of your home? I know it's a gimmick but it's a fun way to do things.

I think this is a dubious alternative to reality. I can watch cartoons or be in AR/VR at any time, but this is not a substitute for reality. A picture or a pretty video of food is no substitute for a real dinner, and a picture of a girl is no substitute for a girl (I think you know what I mean) haha. When technology reaches the level to make a subtle replacement for these things, then all this will become relevant, but not before.
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