Chinese version of Metaverse will be great for meta casinos.

[Cling18]

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.

Due to high competition, I'm sure that gambling sites will still empose developments and improvements when it comes to the quality of the game regardless of its price. The emersion of the latest technology could still grow and have better changes in the future so we could expect that there will also be people who would spend so much to enjoy and be entertained with the latest features.

[uneng]

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.

The problem is that the technology is still just a promise. There isn't anything visually enjoyable offered by metaverse projects yet. I believe most gamblers won't feel tempted into adopting this new feature to see themselves and other gamblers around them in cartoonish graphics which were firstly designed for kids a long time ago. Gamblers need something more realistic and attractive to have an immersive experience in this new world, otherwise it's just a marketing strategy by big companies like Alibaba to join the currently hype which has reached the currently importance stage mostly due to facebook metaverse's propaganda.

[Rruchi man]

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.

The Chinese can do a great job with tech undoubtedly and make improvements to someone's technology, and now that they have had an extra funding at a time Zuckerberg is facing economical downturns on his investment in the metaverse, they are definitely in line to better Zuckerberg's idea. Also the competition about the metaverse space is healthy and good as we are certain that when the metaverse is fully operational, we will be getting the best. Meta Casinos will be a new evolution to gambling.

[noormcs5]

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.

The metaverse is something that is beyond our understanding and imagination. We can only think about how we will be physically present in a virtual world. However, once the metaverse will be live, it will be something out of this world and change the gambling overall experience.

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

It does not matter if china creates the metaverse or any other country, the hype will be never ending.

[Solosanz]

I believe you will get asked to provide KYC because China is very strict country and want to control anything, they even ban Bitcoin due to decentralized nature and can't be controlled. I wouldn't use any technology about chinese version of metaverse because I don't think it's has a difference with virtual reality (VR). Also not sure if they will create and launch their own metaverse since there's a lot discussion until now but there's no realization.

[goldkingcoiner]

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.

Not sure how you think that the "chinese version" of any original will be better than anything. When, in all of history has a chinese version of something shown itself as superior? Don't get me wrong, meta casinos will definitely see a boost in revenue thanks to this and that might make them quite happy, but if the original version of Meta could not pull it, why exactly would a chinese clone be better?

As far as I understand it, the reason Meta failed had nothing to do with the fault of how it was developed. But rather that there was not much demand for it. So how is this chinese version better? What sets it apart?

[PX-Z]

I believe you will get asked to provide KYC because China is very strict country and want to control anything, they even ban Bitcoin due to decentralized nature and can't be controlled. I wouldn't use any technology about chinese version of metaverse because I don't think it's has a difference with virtual reality (VR). Also not sure if they will create and launch their own metaverse since there's a lot discussion until now but there's no realization.

Of course, KYC is a thing in every licensed casinos. About the metaverse and VR. You should check the difference of VR against metaverse^[1]. You can say VR even AR is how metaverse looks in broader concept.

About chinese creating their own metaverse, well, metaverse is a concept, i don't think they will create almost the same concept and call it in chinese name. They also embrace VR and AR, their government supports every new technology that their government and businesses can advantage of.

[1] https://www.solulab.com/metaverse-vs-virtual-reality/

[abel1337]

I believe you will get asked to provide KYC because China is very strict country and want to control anything, they even ban Bitcoin due to decentralized nature and can't be controlled. I wouldn't use any technology about chinese version of metaverse because I don't think it's has a difference with virtual reality (VR). Also not sure if they will create and launch their own metaverse since there's a lot discussion until now but there's no realization.

I think KYC is possible given that Casino's have their license and needs to abide the rules they are bonded, These applies on China casino as well. There will be differences but we can't tell yet if AR metaverse can compete with VR metaverse. I think they do have plans on being one of first who will make a metaverse and it is known that Chinese apps today can level other International apps today like US made apps.

[madnessteat]

I believe you will get asked to provide KYC because China is very strict country and want to control anything, they even ban Bitcoin due to decentralized nature and can't be controlled. I wouldn't use any technology about chinese version of metaverse because I don't think it's has a difference with virtual reality (VR). Also not sure if they will create and launch their own metaverse since there's a lot discussion until now but there's no realization.

I think if you want to take a walk in the metaiverse, you shouldn't have any trouble passing the KYC. It's a perfectly normal regulatory requirement, and over time we'll get used to it just as we've gotten used to smart phones and video cameras on highways and in public places.

Creating a metaverse is not a year of development, so you have to wait. I have no doubt that China will compete with the U.S. in this area as well as in other areas.

[Fortify]

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.

These "virtual worlds" have been created in numerous iterations over the years, although technology has slowly allowed their actual functionality to improve the reality is that you're still playing a game and buying into something that could disappear tomorrow. It's ironic considering how often the Chinese government periodically cracks down on things like so-called internet addiction and shows that their society is still very erratic in how it can cope with these things. While they may use it as a method to master artificial intelligence and other advanced software, Facebook actually have a lot more know-how to produce these virtual worlds based on their acquisitions over time.

[electronicash]

I believe you will get asked to provide KYC because China is very strict country and want to control anything, they even ban Bitcoin due to decentralized nature and can't be controlled. I wouldn't use any technology about chinese version of metaverse because I don't think it's has a difference with virtual reality (VR). Also not sure if they will create and launch their own metaverse since there's a lot discussion until now but there's no realization.

I think if you want to take a walk in the metaiverse, you shouldn't have any trouble passing the KYC. It's a perfectly normal regulatory requirement, and over time we'll get used to it just as we've gotten used to smart phones and video cameras on highways and in public places.

Creating a metaverse is not a year of development, so you have to wait. I have no doubt that China will compete with the U.S. in this area as well as in other areas.

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

according to the video, you don't have to do KYC since its open for all. all you need is a device and connect to the metaverse. the are 4 stages of the metaverse says HTC President which currently is just in the larvae stage. i think it will still take years.

China is in the position to develop since they are producing all sort of devices. what is to hope for is if its really open for all just as they said that we only need to connect.

[coolcoinz]

We don't know how long it will take to develop, but metaverse brings a unique experience to almost any type of online activity. It works for the porn industry, gambling, gaming, you name it.
I wouldn't focus on the Chinese, other Asian countries are just as interested in this, although they might not be as big gamblers as the Chinese.

That said, I'd like to see everything move forward because people made bets on blockchain, meta and so on and due to fiat currency manipulations they're now scared of investing more and without investments it's not going to move past beta phase.

[TheGreatPython]

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 .

They didn't say that it will replace the things that we usually see in the real world but they are only an alternative when we want to experience something in the real world but we can't do due to some reasons. Meta's stock price is falling down because there was a dip that is experienced lately on many markets, therefore many assets are also affected not only the meta. The fall of the price in their stock, does not mean that their idea of having a metaverse is a failure. Not all likes new innovation but there are some who are into it.

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 .

It's price might have dumped a lot but I don't think a big company like meta will get bankrupt. This should not scare investors but they will invest more on it actually.

[Hispo]

Lately, My personal opinion on Metaverses as an industry and business model has changed and switched negatively, because it seems it is an excuse for big (and fairly shady) comparations like Facebook/Meta to charge for NFTs transactions and other features, taking advantages of content creators.

In the case of a Chinese Metaverse, I am afraid it would be more dystopian and shady, because the CCP already embraces a policy of massive surveillance over their population and other abuses, at least in USA and Europe there are laws which are supposedly there to protect costumers and people in general, in China it is different.

I would not be surprised if the social credit of the individuals there could get affected depending on their activities on Metaverse Casinos.

[dothebeats]

-skip-
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.

I get your point, but the technology is already there for us to have a glimpse of some place we haven't been to before and be 'in' there virtually. Actual physical experience will always top AR/VR experience, but for those who don't have the luxury and time to actually go to some place, this can somewhat be a good substitute. Rich people that don't have much time to visit a casino can opt to use a VR casino if they want to. The experience would be entirely different, but at the least it fulfill his/her gambling itch somewhat.

[wxa7115]

-skip-
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.

I get your point, but the technology is already there for us to have a glimpse of some place we haven't been to before and be 'in' there virtually. Actual physical experience will always top AR/VR experience, but for those who don't have the luxury and time to actually go to some place, this can somewhat be a good substitute. Rich people that don't have much time to visit a casino can opt to use a VR casino if they want to. The experience would be entirely different, but at the least it fulfill his/her gambling itch somewhat.

It is because of this that I think the metaverse is going to become successful, and while it is obvious that for those which can afford to travel all over the world and visit the very best casinos that it can offer this is not going to be a substitute, I think it will be for those which cannot afford it.

After all if we take the time to look at social media people have replaced real friends with fake friends in Facebook and all of those social media platforms, so I think something similar could happen with the metaverse.

[bittraffic]

Well, the Chinese are known to make enormous projects like the Great Wall of China that still stands today. 5G alone proves it. The projects they build in China is very surprising actually, you wouldn't believe no one mentioned it around your circle like the Observatory Telescope to watch the space they build so wide no one on earth has it.

Lately, My personal opinion on Metaverses as an industry and business model has changed and switched negatively, because it seems it is an excuse for big (and fairly shady) comparations like Facebook/Meta to charge for NFTs transactions and other features, taking advantages of content creators.

In the case of a Chinese Metaverse, I am afraid it would be more dystopian and shady, because the CCP already embraces a policy of massive surveillance over their population and other abuses, at least in USA and Europe there are laws which are supposedly there to protect costumers and people in general, in China it is different.

I would not be surprised if the social credit of the individuals there could get affected depending on their activities on Metaverse Casinos.

Using VR actually makes more sense than using Facebook for the metaverse. I think if there is also a VR device producer in India or Mexico, anywhere in the world can just use the VR to connect to the metaverse they are building. All you need is a connection, going into the stores or establishments in the metaverse I guess is where you will need registration.

[ethereumhunter]

Due to high competition, I'm sure that gambling sites will still empose developments and improvements when it comes to the quality of the game regardless of its price. The emersion of the latest technology could still grow and have better changes in the future so we could expect that there will also be people who would spend so much to enjoy and be entertained with the latest features.

That's true and by having the latest technology, the casino will give every gambler the satisfaction of playing and will not disappoint its users. The casino will also continue to provide better service to its users. This is the use of technology that can be implemented in the gambling business and casino owners are also aware of changes in technology so they will try to take part in it.

The problem is that the technology is still just a promise. There isn't anything visually enjoyable offered by metaverse projects yet. I believe most gamblers won't feel tempted into adopting this new feature to see themselves and other gamblers around them in cartoonish graphics which were firstly designed for kids a long time ago. Gamblers need something more realistic and attractive to have an immersive experience in this new world, otherwise it's just a marketing strategy by big companies like Alibaba to join the currently hype which has reached the currently importance stage mostly due to facebook metaverse's propaganda.

Maybe the developer shows an early version of the technology and explains that their technology will have even better capabilities later. We haven't seen how the technology will evolve into something better than it is now so I think there will be many people wanting to try the technology. And for online casinos, there will probably be some casinos that try the technology and implement it with existing games or create new ones. We'll see what the developers will come up with.

[Hispo]

Well, the Chinese are known to make enormous projects like the Great Wall of China that still stands today. 5G alone proves it. The projects they build in China is very surprising actually, you wouldn't believe no one mentioned it around your circle like the Observatory Telescope to watch the space they build so wide no one on earth has it.

Lately, My personal opinion on Metaverses as an industry and business model has changed and switched negatively, because it seems it is an excuse for big (and fairly shady) comparations like Facebook/Meta to charge for NFTs transactions and other features, taking advantages of content creators.

In the case of a Chinese Metaverse, I am afraid it would be more dystopian and shady, because the CCP already embraces a policy of massive surveillance over their population and other abuses, at least in USA and Europe there are laws which are supposedly there to protect costumers and people in general, in China it is different.

I would not be surprised if the social credit of the individuals there could get affected depending on their activities on Metaverse Casinos.

Using VR actually makes more sense than using Facebook for the metaverse. I think if there is also a VR device producer in India or Mexico, anywhere in the world can just use the VR to connect to the metaverse they are building. All you need is a connection, going into the stores or establishments in the metaverse I guess is where you will need registration.

The Metaverse of Facebook uses VR, they have their own bran of Virtual Reality headsets called "Oculus/Quest", you can get more information about it here:

https://www.meta.com/quest/

I am aware what the concept of metaverse is, don't get me wrong. My problem is the Chinese ideology applied to the Metaverse business, because of the lack of respect for privacy they have, added to the authoritarianism the blatantly show and commit against their own people. If China is already moving to an actual dystopian society (specially in their biggest cities) then I can't imagine what the Chinese Metaverse will mean to them.  

[virasog]

I believe you will get asked to provide KYC because China is very strict country and want to control anything, they even ban Bitcoin due to decentralized nature and can't be controlled. I wouldn't use any technology about chinese version of metaverse because I don't think it's has a difference with virtual reality (VR). Also not sure if they will create and launch their own metaverse since there's a lot discussion until now but there's no realization.

Are you only playing at gambling sites that do not require KYC? If so, you must have very few choices to play with because most of the trusted sites will require for KYC in order to be compliant with government regulations.

Similarly, metaverse casinos will also have such limitations and you will not get into metaverse casinos hiding your identity. However, if the model of the metaverse is totally decentralized, then we may see KYC free metaverse casinos.