Topic: Danger awaits Metaverse coins (Read 451 times)

There is really no danger left for them, it's clear that they are done and gone and nothing will be done with them, it's just not worth it anymore at all and we can't make any profit from them. They did something that they thought would be good but the reality is that we are not going to make any type of profit at all from this, so it's just a normal thing and we can just focus on what we do and that's the most important thing.

We are dealing with something that is getting a greater deal and we can't really focus on making any type of profit at all, it's quite normal and not really dealing with at all. We need to focus on what is realistic to invest into, and metaverse projects are all fake and just trendy ones that makes no sense, just do whatever you can with whatever you have.

Yeah, also on those they will collab with and get their funding or grants.
It's essential that these would be credible to even consider the project worthwhile.
Risks are sometimes too high.

Metaverse is not a specifically-crypto thing.

Crypto is, rather, an add-on to it, for example an approach toward baking ownership into virtual items, along with other monetisation schemes.

The metaverse has existed for a long time, the newfangled hype is really all about monetisation more than about what is being monetised.

Take a look at http://opensimulator.org/wiki/Main_Page

To this day, OpenSimulator still seems to me to be the prime candidate technology for implementation of full-immersion 3D client applications for use as windows / viewports / rabbit-holes into the Galactic Milieu.

3-D full immersion, or even graphical 3D at all, like Graphical User Interfaces (GUIs) in general, are not always best for everyone all the time, nor are they always the most efficient or effective or powerful interfaces for a particular activity or goal; that is part of why the Galactic Milieu offers text mode (currently implemented by use of CoffeeMUD) and also 2-D tile-based (at two different scales, Crossfire RPG at individual-character scale and FreeCiv at planet-at-a-time scale) interfaces, among others.

-MarkM-

P.S. Although not last time I looked yet a client suitable for advancing game-time aka interaction two-way with timelines causing actual changes in what happens or what happened, Battle for Wesnoth is technically another 2-D tile-based client and defaults usually to another scale, usually between the individual character scale of Crossfire RPG and the planetary scale of Freeciv, kind of a squad-level scale maybe. It is so far used as kind of a low-tech precursor to the holodeck for presenting historical holodocumentaries to provide hands on history lessons kind of thing.

Making something like metaverse isn't that easy as you think. It will probably take years for those projects to finish. So that doesn't mean that if they are still not yet completed or are still in beta is that they will never be completed. And I also don't think that a metaverse project would dip so much in case of a bear market especially if the project has a concrete plan and strong marketing. It will always depend on the project and the people working behind it.

Agreed but people wanna see the result from the development as fast as they can. They can only complaint about when launch of product but they never realize about how difficult and to make sure the product was working properly and this needs to be tested. People must wait patiently and the future of metaverse is still too early to be determined. by the way the main point is when the product fully released and then the result from the product will be used to determine whether metaverse related project has become failed project or not

And that is what may end up killing metaverse coins, the community can change its focus incredibly quickly, we also had many other crazes like when privacy coins were the rage, meme coins, decentralized exchanges and NFTs, but eventually the hype disappears and only the best projects can survive for the long term.

And when we think about the massive investment that will be needed to develop the metaverse then it is difficult to think that any of the current projects have a realistic chance of actually succeeding and achieving their stated goals.

The hype about trends keeps many projects at the conceptual level, and currently, only a few are doing well in the metaverse. Personally, I feel it will take more time for the field to succeed than hype and FOMO following silly trends.

If the bear market comes then surely prices of cryptocurrencies including the startups projects will fall but metaverse is not only for the cryptocurrency market it is here to stay that is why Facebook trusted the technology and trying to implement their social media into the real life which is kind of simulation so the projects may fail but the technology is to survive.

I wish that becomes truth of new world. Right now things are solely based on the war, which is worsening day by day. Its not like the war is happening at one end and we can just ignore it, but its more or less different sanctions on Russia, and then disturbed import export of raw materials.

On the bright side crypto does not seem to be shocked that much. The prices are really soaring up right now and we already broke one resistance for bitcoin. Matter of fact, most of the altcoins follow the footprints of bitcoin and move and down all the time. So for now everything seems under control.

Metaverse, well people went too far in its name. I think NFT's still hold the market in side crypto space, but meta is just too far and its getting developed at wrong timing too.

Right and the world is slowly changing. The same thing was also happening with web 3 and metaverse tokens. The problem is metaverse was related with the virtual world that being developed by developers.
Any product have different time span to be fully developed and used by users.
In my opinion that some people are not aware about the big change that was happening with the world especially for the burisness structure and economic this time.
Metaverse has become a new trend that will be a very big thing in the future.

I think this twitter post I saw recently sums up the situation:

Uber owns no cars.
Airbnb owns no hotels.
Web 3 have more VCs than users.
This is the new economy.

Indeed, the metaverse project has not yet been completed because it still needs a lot of development, but the projects are still running even though the current market conditions are not in good condition. If the metaverse project is good, it will survive the bear market and will bounce back if the bull market comes along. And conversely, this situation can make them continue their plan to fulfill what the market will want in the future. But indeed, not many of the metaverse projects can survive in the current bear market situation and some choose to postpone their projects for a while. If this is the case, investors will have to wait until the project is resumed or else the project will simply disappear.

If we stop to think and simply analyze the situation of the metaverse, we find a line of reasoning that goes beyond infinity. That's right, how are we going to create infinity with a limitation? With only this objective we found some divergences and in a way it's something interesting to think about. In my opinion, there will be limitations in these alternate worlds and perhaps there must be a limitation that holds the infinite creation within that segment.

What is the limit of human ambition?

But then again that does not mean that there's nothing in crypto that can benefit us in the long term.
In fact we just keep HODLing to our potential coins for a long term then that will give us enough profits that we would accumulate by investing in these hypes.
The best thing is to do both actually. While we are holding our coins for a long term, grab a small amount of money and pick some hyped projects and invest for short term to make some substantial gains and exit.

If you know what you're doing, you can very well invest on meta projects. But yes, you should know to what extent you will hold these tokens or coins. As new hype is always at bay, you should also bear in mind that once the hype is over, their value can very well decline fast. So holding long-term in this market is hard to do as when new hype comes, the old one got ignored most of the time.

Everything would really vary on projects progress and development which is the main key on where a project could really actually show its potential and might result into further or deeper support from the market but of course it wont really be always ending up on a success because somewhat it do really need up some mix of marketing or exposure because the community would really be the
one to decide whether they would pour out support for this one or would really be on other projects.It would really vary or depend.

In the crypto world, new trends always emerge, therefore NFT or Metaverse coins will one day be replaced with something new. It's the same thing
when ICOs, IEOs and DeFi were finally abandoned by investors who started turning to NFT and Metaverse. In this world nothing lasts forever,
as is the current trend, so take advantage of projects that are currently hype for short-term profit. Don't even think about long-term investments
in projects that only rely on hype to get them up. So there is nothing wrong with investing in Metaverse coins now, it will give us profit if
we understand how the crypto world works. So we know when to buy and sell Metaverse coins, which is definitely too risky if investing in
Metaverse coins in the long term.

ICO, IDO and IEO are means of raising the money and NFT is simply projects that promise to take everyone to the metaverse and they will raise money through IDO or IEO according to different projects and there are projects in the Metaverse that raise money with ICO. The core is that with every hype you will see hundreds of projects with similar intentions and that is what we are seeing in this space.

Well, everything that are in hype right now will probably fade away and lose their value after some time. Of course, this is not just for metaverse but definitely for all that experiencing hype right now. But the good thing about this metaverse, those who have taken advantage in its early days are now experiencing profits. However, when it comes to its projects, until now they have not proven their value in the market so might as well, these projects are just the same with the old shitcoins and meme coins who have never experienced their best days in the market because they suddenly disappear.

True, maybe it was selected right now because of the hype around it. The latest one in crypto so obviously it will have that kind of marketing and the potential to make huge profits is there.

But we need to be very cautious as well, because if we have to look and study the hype before, like ICO, IDO, IEO, they all just died down after just a couple of years and the investors just chooses to move on the next one that they can make money. So right now it's metaverse, but the condition might be the same with those in the past that once the hype is gone, it can't recover anymore.