Chinese version of Metaverse will be great for meta casinos.

[Hispo]

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They are not going to release source code, Alibaba will not need those codes. All VR sets will work on meta as long as they can connect to the internet. It's the same as phones or VR sets created by the Japanese or Germans, it can access to the internet or Meta of China.

If Meta is the future, these phone companies like Samsung and Apple will start producing VR sets also for businesses to grow.

But there is no warranty Facebook/Meta will allow other brands to be able to access their metaverse, if no company releases their metaverse for other companies to join with their VR sets, then it is more likely that the public interested in Metaverses will get diluted in dozens of these virtual worlds developed by different companies, fighting one another, this time it is not only about selling software but hardware as well, it seems.

Also, I believe Google, Tencent or even Microsoft have more chances to develop a proper Metaverse than Facebook/Meta, because this day Meta/Fabook has been burning a lot of money with their Metaverse project with very lackluster results, imo.

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Metaverse is a Entertainment place by virtual reality . if gamble sites choice Metaverse technology and build a meta casinos then it will give a reality casinos experience and it will attract more gambles specially young people will attract much more on this. On the one hand this is a good thing on the other hand it will further spoil the youth

I have little doubt about that the Chinese meta version because they don't show much interest in crypto related things but  it is true that they have to work on it in the future so I think if their meta version projects run successfully then I think meta casino will play a unique role in the crypto currency world. 

[electronicash]

Metaverse is a Entertainment place by virtual reality . if gamble sites choice Metaverse technology and build a meta casinos then it will give a reality casinos experience and it will attract more gambles specially young people will attract much more on this. On the one hand this is a good thing on the other hand it will further spoil the youth

I have little doubt about that the Chinese meta version because they don't show much interest in crypto related things but  it is true that they have to work on it in the future so I think if their meta version projects run successfully then I think meta casino will play a unique role in the crypto currency world. 

its not up to China to forbid the businesses in metaverse to not accept BTC. what they are just creating are virtual representation of the buildings and organizations. not the actual business who are going to decide what to accept or not. but most probably, the China's CBDC is by default.

[Baofeng]

Metaverse is a Entertainment place by virtual reality . if gamble sites choice Metaverse technology and build a meta casinos then it will give a reality casinos experience and it will attract more gambles specially young people will attract much more on this. On the one hand this is a good thing on the other hand it will further spoil the youth

I have little doubt about that the Chinese meta version because they don't show much interest in crypto related things but  it is true that they have to work on it in the future so I think if their meta version projects run successfully then I think meta casino will play a unique role in the crypto currency world. 

Perhaps it will still be in the experiment phase, we all know how their government is though, so for sure they are looking at how to take advantage of the whole metaverse right now and see how it will benefit their population. So I don't expect crypto related things in the beginning.

On the contrary, it is the businessman who are looking at the option now.

Indeed, while China’s tech sector has been experiencing a governmental policy crackdown, domestic VR/AR businesses have so far been unaffected. Six of China’s tech giants – including Baidu Inc, Alibaba Group Holding Ltd, and Tencent Holdings Ltd (collectively known as BAT) – made it to the top 10 firms worldwide that filed the most VR/AR patent applications in the past two years. In 2019, most of these developments happened in the fields of retail shopping, education, gaming, marketing, information display, and industrial manufacturing.

https://www.china-briefing.com/news/metaverse-in-china-trends/

And so whether they will implement crypto, or their CBCD remain to bee seen.

[smartaction]

Metaverse is a Entertainment place by virtual reality . if gamble sites choice Metaverse technology and build a meta casinos then it will give a reality casinos experience and it will attract more gambles specially young people will attract much more on this. On the one hand this is a good thing on the other hand it will further spoil the youth

I have little doubt about that the Chinese meta version because they don't show much interest in crypto related things but  it is true that they have to work on it in the future so I think if their meta version projects run successfully then I think meta casino will play a unique role in the crypto currency world. 

its not up to China to forbid the businesses in metaverse to not accept BTC. what they are just creating are virtual representation of the buildings and organizations. not the actual business who are going to decide what to accept or not. but most probably, the China's CBDC is by default.

sometime china banned bitcoin so they cannot accept btc on there meta casino but they can add another payment method like cradit/debit card. payoneer, skrill or chinese digital currency it is not very hard for them. but in my thinking if they build a meta casino then it will give real casino experience

[LUCKMCFLY]

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.

I think you are right because the Chinese have what it take with there population and market to take the metaverse game to the next level looking at the big support from Alibaba and other great companies. I will really hope on this and look forward on how this plan is going to work well since it supported the original goal of Mark Zuckerberg of taking the metaverse to the next work. I have also seen interesting metaverse games that really makes sense with lots of usage and features that will keep making the metaverse a eyeing and lucrative venture.

Well, we already know that land is being sold in the metaverse, it is very likely that Chinese casinos take metaverse games into consideration and want these games, this is where I say that many things can be done with the Polygon network, that for many it will be the network of the metaverses, of course taking into account that there is a lot at stake, not only Chinese casinos will take technology into account, it should not surprise us that Stake.com, bitcasino.io among others participated and will continue to be the better, so when the metaverses are released do not be surprised by all those details, of course it is what is most likely.

Metaverse is a Entertainment place by virtual reality . if gamble sites choice Metaverse technology and build a meta casinos then it will give a reality casinos experience and it will attract more gambles specially young people will attract much more on this. On the one hand this is a good thing on the other hand it will further spoil the youth

I have little doubt about that the Chinese meta version because they don't show much interest in crypto related things but  it is true that they have to work on it in the future so I think if their meta version projects run successfully then I think meta casino will play a unique role in the crypto currency world. 

its not up to China to forbid the businesses in metaverse to not accept BTC. what they are just creating are virtual representation of the buildings and organizations. not the actual business who are going to decide what to accept or not. but most probably, the China's CBDC is by default.

sometime china banned bitcoin so they cannot accept btc on there meta casino but they can add another payment method like cradit/debit card. payoneer, skrill or chinese digital currency it is not very hard for them. but in my thinking if they build a meta casino then it will give real casino experience

In fact for me that is the solution, now I wonder something, and that can be very interesting, based on the fact that the rules of the metaverses escape many regulations, and obviously those regulations here in the metaverse will not be complied with, I think that many casinos they would have a lot of attention, clients and a lot of demand if they decide to put Monero as the currency of action for any game, because I am sure that many people will migrate here so that they can do things that they cannot do in the real world, and obviously if a metaverse grants them that privacy and anonymity, is the best outlet they can give and offer, in fact they would be going over many things, I don't know if there will be a casino that has those tricks to do it.

[Hispo]

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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.

[LUCKMCFLY]

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.

The video and the explanation on how this China's version of meta verse is awesome and very futuristic, it detailed what we all want in the future to be, a great explanation from the publisher he also mentioned that a lot of these meta verse products are going to be launch in 2023, just a few months to go, it's going to be exciting if what all those mentioned on that video becomes a real product, 2023 onwards is going to be a battle of the metaverse, I wonder what will be Zuckerberg's and other industrial world answers to China's version of the metaverse.

Well clearly the Chinese have their own version of the metaverse, it is that they could not stay behind in their market, clearly Mark Zuckerber has done many things since he wants to be part of a totally digital world, he wanted to venture with his own crypto but his project it is much more ambitious, it is taking advantage of generating a lot of land for the metverse and I think it is something that is very well managed and created, under its rules and that everyone can adapt to, for me the Chinese metaverse is on another level, the only way that can give you competition is that your land can be cheaper or, failing that, be free.

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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.

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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.

The truth in all this, nothing that has to do with governments and policies of government entities should enter, because the metaverse is free and should always be like that, however it is how you say it, the Digital Yuan will put it there whether they want it or not want, and be careful if also the Ruble, for me these things are going to be taken by them to have even more control, I hope that in the metaverses there are not so many demands from the KYC, in the same way they will see that the Chinese government will do everything possible so that the Chinese Yuan also arrives at the world level, and since there are so many rumors that there may be a world crash in the economy, that scenario may occur.

[makishart]

Metaverse is a Entertainment place by virtual reality . if gamble sites choice Metaverse technology and build a meta casinos then it will give a reality casinos experience and it will attract more gambles specially young people will attract much more on this. On the one hand this is a good thing on the other hand it will further spoil the youth

I have little doubt about that the Chinese meta version because they don't show much interest in crypto related things but  it is true that they have to work on it in the future so I think if their meta version projects run successfully then I think meta casino will play a unique role in the crypto currency world. 

Me too. Remember that if metaverse was still an experimental right now. I will not expect a huge thing from metaverse. The metaverse project have only a few users that actively interactiing in the site. im feeling doubt if that's gonna be happening. I meant we must also try to take a look at the metaverse that exist in the crypto. that's why it's still too good to be true to see that happens. Im feeling doubt about that. It may be another gimmick,
China is not preventing the tech development as long as it's not related with the crypto. it's related with gambling combined with the future tech

[Saisher]

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.

[bittraffic]

Metaverse is a Entertainment place by virtual reality . if gamble sites choice Metaverse technology and build a meta casinos then it will give a reality casinos experience and it will attract more gambles specially young people will attract much more on this. On the one hand this is a good thing on the other hand it will further spoil the youth

I have little doubt about that the Chinese meta version because they don't show much interest in crypto related things but  it is true that they have to work on it in the future so I think if their meta version projects run successfully then I think meta casino will play a unique role in the crypto currency world. 

Me too. Remember that if metaverse was still an experimental right now. I will not expect a huge thing from metaverse. The metaverse project have only a few users that actively interactiing in the site. im feeling doubt if that's gonna be happening. I meant we must also try to take a look at the metaverse that exist in the crypto. that's why it's still too good to be true to see that happens. Im feeling doubt about that. It may be another gimmick,
China is not preventing the tech development as long as it's not related with the crypto. it's related with gambling combined with the future tech

One reason why China and even institutions around the world are not interested in crypto is because of the lack of regulations. The government is taking too long to establish a clear regulation while the government agencies are having a turf war on which of them will regulate crypto.

But the metaverse itself is not something regulate since this is not a token but a virtual space for all to connect.

[Mauser]

Just this weekend I read that the metaverse from Zuckerberg had only 38 active users at one point, which is an insanely low number for a 15bn USD project. Not sure if the is legit, I have no VR setup at home and don't want to check out any new social media platform from Zuckerberg. Among my friends and family nobody is interested in the Metaverse. If there are no active users than the project is doomed. For me the only way to get into VR and the Metaverse would be for gambling, but I don't think Zuckerberg will focus on gambling. That's a great opportunity for China, they have a much larger consumer market and if they can manage to integrate gambling successfully then it's going to be a big hit when more people use VR. The only issue I would have with Chinese meta casinos is that they like to restrict foreign currencies and might make using crypto currencies impossible.

[Awaklara]

That's a great opportunity for China, they have a much larger consumer market and if they can manage to integrate gambling successfully then it's going to be a big hit when more people use VR.

The challenge for China in developing VR casinos is the gamblers who use them. we can see how online casinos with this technology will provide a different and better gambling experience. but what about the real market for VR users from the gambling sector?

The only issue I would have with Chinese meta casinos is that they like to restrict foreign currencies and might make using crypto currencies impossible.

that's what I thought. China has regulations regarding crypto. and a thriving casino there. I hope China will start to be more open with its technology and business developments. it will make the business they run grow by having a broad market.

[Boristhecat]

One reason why China and even institutions around the world are not interested in crypto is because of the lack of regulations. The government is taking too long to establish a clear regulation while the government agencies are having a turf war on which of them will regulate crypto.

But the metaverse itself is not something regulate since this is not a token but a virtual space for all to connect.

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.

[bittraffic]

One reason why China and even institutions around the world are not interested in crypto is because of the lack of regulations. The government is taking too long to establish a clear regulation while the government agencies are having a turf war on which of them will regulate crypto.

But the metaverse itself is not something to regulate since this is not a token but a virtual space for all to connect.

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.

[Maestro75]

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.

[TimeTeller]

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.

[NewRanger]

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.

China government banned all technology that come outside their country, they  want developt anything by their own , google and another famous company were baneed there meanwhile China was great and potential market for every products. Gambling that Will bring much disadvantages of course Will banned too.

[Fortify]

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.

The Chinese "metaverse", whatever it is concocted to be will most definitely not be welcoming casinos or they will not be tolerated for very long. All gambling in China is restricted to one small area called Macau and it is a vice that is shunned by the ruling communist party. They will prevent any gambling on such a platform so we'll have to wait until something similar is setup in a less restrictive country before seeing this. Even if they were to allow it, their rules are so erratic and randomly made up that companies tend to avoid anything that might be prosecuted by the CCCP at a later date - it can bring heavy fines and jail time for anyone deemed to have crossed imaginary lines.

[Hispo]

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The truth in all this, nothing that has to do with governments and policies of government entities should enter, because the metaverse is free and should always be like that, however it is how you say it, the Digital Yuan will put it there whether they want it or not want, and be careful if also the Ruble, for me these things are going to be taken by them to have even more control, I hope that in the metaverses there are not so many demands from the KYC, in the same way they will see that the Chinese government will do everything possible so that the Chinese Yuan also arrives at the world level, and since there are so many rumors that there may be a world crash in the economy, that scenario may occur.

I personally believe that is unlikely the Russian Ruble would appear within the Chinese Metaverses o Metaverse. I don't see Russia handing over the control or authorization to China to commerce with their currency to that level, Russia does not have that infrastructure, China does.

Also, since the Metaverse in general is being marketed as something more than a MMORPG like several games we have seen since the 2000s, I expect both western and eastern Metaverses to ask for KYC, because it is not about having fun in a video game anyone, it is about the integration of virtual reality into tasks like shopping, learning, working, etc. In that sense, those activities obviously require full KYC to function.