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Author Topic: Metaverse is the future  (Read 675 times)
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October 13, 2022, 11:16:05 PM
 #21

I guess if Metaverse can be useful, I mean Real-world economic value, like we crypto enthusiast can trade around it's governance, whether crypto, NFT and others and put it into blockchain then we might see the future looks bright for Metaverse.

But if it will be just exploited, and then the games become so boring that we will shift to other, and hence social opportunity will not be there. So we will see, it is still in a very young age and there could be a lot of developments in the future.

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October 14, 2022, 02:06:48 AM
 #22

It will remain a niche market.  prolly until elon gets neurolink up and going. 

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October 14, 2022, 08:30:07 AM
 #23

Well, what's your choice of project?

Metaverse-related projects from cryptocurrencies are mainly just a buzzword that insignificantly contributes to the Metaverse ideal as a whole. I wonder what projects that have the right people and talent yet have great financial resources as you have stated. As far as I concern, there is no concrete solution that cryptocurrency metaverse-related projects gave to the idea. It cames different if we talk about companies like Meta, we can clearly see that they are thriving for it, have the right people and are financially resourceful.
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October 14, 2022, 04:39:36 PM
 #24

Of course Metaverse will be part of our future, it's been proven that all big companies like Facebook have focused on metaverse and changed their name to META,
and maybe Google will also participate in developing the metaverse, so why hesitate? investing in the metaverse whether it's in stocks or in crypto I think it's just as good.

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October 14, 2022, 04:42:37 PM
 #25

Of course Metaverse will be part of our future, it's been proven that all big companies like Facebook have focused on metaverse and changed their name to META,
and maybe Google will also participate in developing the metaverse, so why hesitate? investing in the metaverse whether it's in stocks or in crypto I think it's just as good.
Google may not join directly like what meta did. Google may join but it will still remain in the background. Metaverse is good concept but there's no company that can develop a true metaverse. Meta is the only company that has a serious concept about metaverse. I don't even see anyother metaverse project in the crypto which has been creating serious development toward metaverse product. decentraland and sandbox have a few users only

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October 14, 2022, 05:19:25 PM
 #26

Pfft, are you sure ?

Read these and you are gonna to clear your mind: https://www.thegamer.com/decentraland-nft-metaverse-low-player-count/ Imagine, you only have 19 players on a metaverse. IMO, all of these word even you can build the tech.

It's just a buzzword.
I agree that completely buzzword, everyone is talking about the metaverse. In general, when I examine the metaverses, I see very little improvement, I can say that they are purely speculative projects since I have not seen any work done. come, be an early investor and they are trying to convince the investor to have your nfts and land in the best metaverse. By the way, I keep projects such as Sandbox etc. separately.

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October 15, 2022, 05:59:23 PM
 #27

Well, what's your choice of project?

Metaverse-related projects from cryptocurrencies are mainly just a buzzword that insignificantly contributes to the Metaverse ideal as a whole. I wonder what projects that have the right people and talent yet have great financial resources as you have stated. As far as I concern, there is no concrete solution that cryptocurrency metaverse-related projects gave to the idea. It cames different if we talk about companies like Meta, we can clearly see that they are thriving for it, have the right people and are financially resourceful.
The OP just said that he didn't came here to give us a recommendation but he only gave us a hint that metaverse can be a great addition to our portfolio if ever we haven't invested yet on a coin which are related to it. I don't think they are just a buzz word but metaverse is really a new technology but of course there are cheaters who are riding the hype to scam people and it is the one that we must avoid.

We need to always do our research before we invest on new trends like the metaverse. Meta is a big company already and they didn't even started as a dedicated metaverse project but they only do a transition. I think it's not fair to compare them to the new metaverse projects in crypto.

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October 15, 2022, 08:37:29 PM
 #28

New trends are coming and you need to learn and adapt to them fast, I believe metaverse have a very good future ahead of us, be careful when choosing your next metaverse projects and make sure the teams are not here to toy with investors and end up not delivering anything.
Metaverse was a trend during the last rally and everyone that had Meta in their project had a great time in the cryptocurrency space as well as in the stock exchange but now that honeymoon period is over, take a look at Facebook aka Meta whose stock is plummeting month after month and now where it was estimated to be a trillion dollars in the coming years wiped out billions of dollars. So i have to think otherwise in this changing times  Wink.

I am not here to tell you when to buy or which projects to buy, I am only saying you should make sure metaverse projects are part of your next crypto portfolio.
I already have a few projects in my portfolio but i have to rethink about investing again as mentioned above. Changing times and you need to be aware of the market before you pump money in them.
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October 15, 2022, 09:15:15 PM
 #29

Of course Metaverse will be part of our future, it's been proven that all big companies like Facebook have focused on metaverse and changed their name to META,
and maybe Google will also participate in developing the metaverse, so why hesitate? investing in the metaverse whether it's in stocks or in crypto I think it's just as good.
Google may not join directly like what meta did. Google may join but it will still remain in the background. Metaverse is good concept but there's no company that can develop a true metaverse. Meta is the only company that has a serious concept about metaverse. I don't even see anyother metaverse project in the crypto which has been creating serious development toward metaverse product. decentraland and sandbox have a few users only
I really think that people are getting too excited about the metaverse when it is still a  technology that is at its earliest stages, in theory it sounds interesting but the amount of money needed to try to make this a reality is simply too big and it seems only big companies like Meta have the resources to try to do this, so people need to stay away from coins claiming they can develop a metaverse on their own as they simply do not have the resources to succeed.
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October 15, 2022, 09:47:19 PM
 #30

Of course Metaverse will be part of our future, it's been proven that all big companies like Facebook have focused on metaverse and changed their name to META,
and maybe Google will also participate in developing the metaverse, so why hesitate? investing in the metaverse whether it's in stocks or in crypto I think it's just as good.
They are hesitant because of the market condition right now but I agree, the future is still good with Metaverse and some company take this seriously especially META, they already spend billions of money here because they know it’s true potential and as a small investor we should also be ready for this and adopt as much as possible.
I’ve seen a thread here that META spend Billions of dollar already but they didn’t disclose any information with that, I don’t know if it’s a good news or they are working into something. Metaverse hype is not ok right not because of the bear market, maybe this is a best time to look for a good project that when the market recovers they will recover as well. We didn’t see yet the full potential of Metaverse and personally, I still want to see it and that’s why I believe they still have the future here.
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October 15, 2022, 09:59:06 PM
 #31

Of course Metaverse will be part of our future, it's been proven that all big companies like Facebook have focused on metaverse and changed their name to META,
and maybe Google will also participate in developing the metaverse, so why hesitate? investing in the metaverse whether it's in stocks or in crypto I think it's just as good.
They are hesitant because of the market condition right now but I agree, the future is still good with Metaverse and some company take this seriously especially META, they already spend billions of money here because they know it’s true potential and as a small investor we should also be ready for this and adopt as much as possible.
I’ve seen a thread here that META spend Billions of dollar already but they didn’t disclose any information with that, I don’t know if it’s a good news or they are working into something. Metaverse hype is not ok right not because of the bear market, maybe this is a best time to look for a good project that when the market recovers they will recover as well. We didn’t see yet the full potential of Metaverse and personally, I still want to see it and that’s why I believe they still have the future here.

Yes, $15 billion as it was reported here: https://www.businessinsider.com/meta-lost-15-billion-building-the-metaverse-reality-labs-money-2022-10

So that is a huge amount to lost in this whole Metaverse hype. Of course, they have money to burn, but it is worth the risk as they have struggled a lot?

And it mentioned that one of the roadblocks is that some are proprietary of some companies so it's hard for them because they have to make their own program and codes and maybe this is one reason it is delayed. But nevertheless, if you are a investors, somewhat you are a nervous if you see this kind of amount.

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October 15, 2022, 10:50:19 PM
 #32

Pfft, are you sure ?

Read these and you are gonna to clear your mind: https://www.thegamer.com/decentraland-nft-metaverse-low-player-count/ Imagine, you only have 19 players on a metaverse. IMO, all of these word even you can build the tech.

That simply shows that Decentraland is a boring game, or the marketing team isn't doing their best to promote the project.

It's just a buzzword.

It is indeed a buzz word but for now, the next path for MMORPG is into metaverse where the game is integrated by blockchain technology.  The thing is that most metaverse projects today are half-baked.  They are created with haste making the project done poorly.  To be able to fully use the function of Metaverse, it will take years to develop.

MMORPG as the predecessor of Metaverse had been a successful implementation in gaming worlds so I think, the metaverse would be the same but it needs time for the technology to fully develop.


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October 15, 2022, 11:08:24 PM
 #33

Of course Metaverse will be part of our future, it's been proven that all big companies like Facebook have focused on metaverse and changed their name to META,
and maybe Google will also participate in developing the metaverse, so why hesitate? investing in the metaverse whether it's in stocks or in crypto I think it's just as good.
Google may not join directly like what meta did. Google may join but it will still remain in the background. Metaverse is good concept but there's no company that can develop a true metaverse. Meta is the only company that has a serious concept about metaverse. I don't even see anyother metaverse project in the crypto which has been creating serious development toward metaverse product. decentraland and sandbox have a few users only
I really think that people are getting too excited about the metaverse when it is still a  technology that is at its earliest stages, in theory it sounds interesting but the amount of money needed to try to make this a reality is simply too big and it seems only big companies like Meta have the resources to try to do this, so people need to stay away from coins claiming they can develop a metaverse on their own as they simply do not have the resources to succeed.
Actually some metaverse were BS. Decentraland has spent so much money for that thing but it has only a few users. These kind of metaverse was gimmick even if that was a new tech and the users shall not be a few users only in the metaverse. It seems like metaverse was only rely with hype from whales to pump it. Meta has so much money compared with crypto companies they have more possibility to make it become successful.

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October 15, 2022, 11:53:06 PM
 #34

Actually some metaverse were BS. Decentraland has spent so much money for that thing but it has only a few users. These kind of metaverse was gimmick even if that was a new tech and the users shall not be a few users only in the metaverse. It seems like metaverse was only rely with hype from whales to pump it. Meta has so much money compared with crypto companies they have more possibility to make it become successful.

We are too focused on the cryptocurrency metaverse is attached to but not with the actual metaverse project.  I believe many of us has wrong perception over metaverse since we only see a project as a profit tool.  It takes time for adoption and only a few company created a somehow decent metaverse presentation.  Many, I agree are BS but somehow Metaverse is updating, upgrading and evolving as more and more company following the trend.
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October 16, 2022, 05:31:29 AM
 #35

even though the recent news revolving around metaverse seems to gives us the impression that metaverse is failing and being left out by the majority doesn't mean it could recover back its fame once there's some revolutionary metaverse project coming out, it could very well become big thing with proper development, unfortunately, even meta as a company is failing in creating their metaverse.

Metaverse projects are on the verge of collapse, recently it was reported that the Mana project was valued at $ 1 billion last year and currently has only a few hundred players showing that the metaverse is slowly declining. Facebook's parent company is also said to be stepping up investment in meta but so far has not achieved significant results, the leaked images online are said to be too ugly. Looks like there's too much bad news with the metaverse. I wouldn't call it a failure since we're still in bear season so I can't confirm anything, it can be seen that most areas are equally bad, but investing in metaverse projects should also stop, do not rush to invest immediately.

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October 16, 2022, 05:49:57 AM
 #36

At present many major projects are focused on developing Metaverse, several projects have managed to get hundreds of millions from ICO and this is a positive sign that the presence of Metaverse can make the market return to rising, and I hope that in 2023 it will be the beginning of Metaverse's rise.
That's very sad to see that even billions marketcap of metaverse have only a few users on its virtual world. In my opinion if the idea about metaverse is not so good at this moment caused by people were not familiar with it.
The era for metaverse will come once the bullish trend will come too. I meant metaverse is still rely with bitcoin even if it has its own product but crypto trend is still affecting the performance from metaverse

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October 16, 2022, 06:02:10 AM
 #37

I won't go over at expecting too much with this metaverse hype.
There's always a bad ending when that happens.
We have to pick right and I agree when you said developers should be known in those fields to make it a long-term investment.
One example of a good choice in my opinion is Gala Games. The developer of their games is the head of EA sports which is a popular gaming production before and until now.

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October 16, 2022, 01:25:38 PM
 #38

Many people believe that Metaverse and web3 will be a fantastic trend, it is proven that there are many projects that sell thousands to millions of dollars per meter even many say all units are sold, of course this is good news to see the positive impact of the metaverse in the market.
But it seems that Metaverse needs to be developed again because the project is still early and I think there is still a lot that can develop from it. Many Metaverse projects sell for thousands to millions, and even some companies do. Our online life may be in the Metaverse world, but I think that still needs further research. Maybe next year's trend can be Metaverse's and there will be more and better projects like that.

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October 16, 2022, 01:47:23 PM
 #39

check out this video of a technology which I think will take blockchains to the next level when it comes to the metaverse.

Imagine having any digital assets directly on the blockchain and not a random URL Link.

Imagine a scanning algorithm which detects any fakes/copycats from going on the blockchain.

https://www.youtube.com/watch?v=5TlDE69Tmms

So far the founders have delivered every promise and most importantly this will be an evolution of digital assets I believe as we currently know them.

check out the ANN thread for more details https://bitcointalk.org/index.php?topic=5382009.0

Please DYOR but I do believe in this technology and project

3DPass: Proof of Scan (PoScan) Consensus Mechanism that makes the tokenisation of objects onto the blockchain trustless, decentralized, secure and limitless. This will revolutionize decentralized identification, asset tokenisation of anything and everything from gemstones to precious metals.

Homepage - https://3dpass.org/
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October 16, 2022, 04:14:40 PM
 #40

The OP just said that he didn't came here to give us a recommendation but he only gave us a hint that metaverse can be a great addition to our portfolio if ever we haven't invested yet on a coin which are related to it. I don't think they are just a buzz word but metaverse is really a new technology but of course there are cheaters who are riding the hype to scam people and it is the one that we must avoid.

I get what OP tried to convey, I am just curious about OP's standard of a talented team and financially resourceful, it would be good if OP give an example of such kind of projects because I doubt there is any.

We need to always do our research before we invest on new trends like the metaverse. Meta is a big company already and they didn't even started as a dedicated metaverse project but they only do a transition. I think it's not fair to compare them to the new metaverse projects in crypto.

That is the thing, what would make a cryptocurrency project would do much better than Meta?

The current spaces are filled with buzzwords to lure people and the project owner that want to ride metaverse hype while lacking the true development. Finding such a project would be like separating the wheat from the chaff.
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