New Second Life style virtual worlds where people can make money

[fillippone]

Bots play a big role in completing the match lobby quicker and for fast matching. So, I am not sure what Rockstar will do in this case of GTA VI.

lol! Last thing I want to do is complete a KYC requirement to play a game!
I think there are better ways to understand if a player is human or a bot. If these methods are not enforced I think is because the people overlooking game dynamics are not worried too much about who is playing.

[Ahli38]

I’ve been seeing more people create businesses inside virtual worlds, rent digital spaces, and build experiences around virtual locations. Some believe this could be the next evolution of online communities, while others think it’s just another speculative trend.

I recently came across a Reddit discussion where several people mentioned earning a few hundred dollars from a Mars-themed virtual world called MarsColonia. It made me curious about whether virtual land can actually develop a real economy over time.

What are your thoughts? Is virtual real estate something with long-term potential?

Web3-based virtual worlds or even the metaverse began to gain widespread recognition around the time of the COVID-19 pandemic. And I think that period was indeed the right time to promote these businesses given that the limitations on in-person human interaction. Several famous artists have connected to the metaverse. And Justin Bieber is one of the most famous artists to have held a virtual concert in collaboration with the Wave platform (Source). Perhaps you’re curious to see the results of that interactive virtual experience (Source). I think the long-term potential of such virtual businesses is still unclear. And I think the demand for it isn’t that massive yet so that its future potential isn’t yet apparent. The virtual world hasn’t yet spread across the globe and even not everyone uses it as part of their daily activities. So I personally believe that this business will only become more popular or even more necessary once the world is almost fully virtual. And I think it will be a long time before that happens. But the timing will be right to launch a business like that when the potential for demand has begun to become clear from the transition.

[asriloni]

Virtual real estate is not having long term potential. it's just pure speculation like NFT. As someone who has ever played metaverse game such as sandbox or axie, and i ever owned the land and NFT in that game. The economy for that metaverse platforms were coming from the speculation.

Once they had no demand, all of virtual assets in those metaverse worth nothing. So it's also applicable to the virtual real estate in this mars simulator. It will worth nothing when there will be no demand left. So this kind of investment is only for short term.

Apart from that metaverse is no longer have potential to exist. Even Meta has given up with their metaverse. How can we be positive toward a platform that development a metaverse called marscolonia, which is not even meta's calibre?

It's the reason to always stay away from metaverse caused by they offer nothing other than to speculate to the virtual assets issued by them.

[Lida93]

Snip

I don't know if you are late to this or something but I think the hype about the metaverse is gone; many projects were launched with some promising stupendous ROI and delivering nothing. As usual, a lot of people lost money while few like the founders smiled to the bank. In my opinion, that concept is a failed one as far as cryptocurrency is concerned,  hence I will not advice anyone to make too much financial commitments in that sector. Maybe in the future we might see some new things that will rekindle the hype which is needed to sustain a business in the digital ecosystem.

Unfortunately there was a time during the hype when people thought that metaverse was going to be the NEXT BIG THING in the tech world but the reality as we see today is that there's a big gap between what was thought about metaverse world becoming and what/where it is today. I think, to an extent, only what I can reckon as success among others virtual ideas of metaverse is the gaming aspect.

Part of what also contributed to the failure of the idea was the crash of cryptocurrency at that time, since payment were made in crypto the crash affected profits, down sliding a lot of interests.

[justdimin]

Snip

I don't know if you are late to this or something but I think the hype about the metaverse is gone; many projects were launched with some promising stupendous ROI and delivering nothing. As usual, a lot of people lost money while few like the founders smiled to the bank. In my opinion, that concept is a failed one as far as cryptocurrency is concerned,  hence I will not advice anyone to make too much financial commitments in that sector. Maybe in the future we might see some new things that will rekindle the hype which is needed to sustain a business in the digital ecosystem.

Unfortunately there was a time during the hype when people thought that metaverse was going to be the NEXT BIG THING in the tech world but the reality as we see today is that there's a big gap between what was thought about metaverse world becoming and what/where it is today. I think, to an extent, only what I can reckon as success among others virtual ideas of metaverse is the gaming aspect.

Part of what also contributed to the failure of the idea was the crash of cryptocurrency at that time, since payment were made in crypto the crash affected profits, down sliding a lot of interests.

It would have been, not like it was impossible for it to not be the next big thing. The only reason why it did not become the next big thing, is because there was not enough demand for it. Think about it, if AI was used by absolutely nobody, would we see trillions going into it? Of course not, there would be no interest so there would be no customer so there is no need to work on it.

But there was demand, we all used it, some loved it, some hated it. Meta did not get that, there was no demand for it, so we saw nobody put money towards it. If you put 1+ trillion from all around the world from many different companies, it would have been one of the biggest things in the world and would look a lot better without a doubt.

[OgNasty]

I'm still surprised that the Sandbox failed so bad on Polygon.  It was a decent game platform with the right business model for defi.  I think maybe having really high hardware requirements might be what held them back, but I think one day it could be overcome.  While I've abandoned the Sandbox, I'm keeping my eye on it.  I do think that someday there will be a successful play to earn platform out there and right now the Sandbox appears to be the best candidate.