Author

Topic: Danger awaits Metaverse coins (Read 451 times)

legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
September 27, 2024, 11:14:12 AM
#60
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.
copper member
Activity: 168
Merit: 4
September 18, 2024, 06:07:33 AM
#59
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

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.

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.
legendary
Activity: 2940
Merit: 1090
September 17, 2024, 06:09:24 AM
#58
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.
full member
Activity: 812
Merit: 126
April 14, 2022, 08:34:45 AM
#57
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

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.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
April 14, 2022, 04:15:46 AM
#56
Personally, I feel it will take more time for the field to succeed than hype and FOMO following silly trends.
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
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
April 13, 2022, 04:20:28 PM
#55
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.
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.
full member
Activity: 658
Merit: 102
PredX - AI-Powered Prediction Market
April 09, 2022, 08:49:49 AM
#54
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.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
April 09, 2022, 08:23:41 AM
#53
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
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.
full member
Activity: 1092
Merit: 227
April 09, 2022, 07:41:21 AM
#52
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

Why just Metaverse, we can pretty much say that about all the technologies in the crypto space.
Whether it be NFTs, Dapps, DeFis etc... Every platform will have an impact on it and will face the dump.
But I think that now since the market is recovering a little we might not see the bear trend we were anticipating.
If things keep going like this then may be in the next 2-3 months we might get back to the 60k range.

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.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
April 09, 2022, 07:26:19 AM
#51
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.

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.
newbie
Activity: 8
Merit: 0
April 08, 2022, 10:51:34 AM
#50
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.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 08, 2022, 10:44:19 AM
#49
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
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.
sr. member
Activity: 1020
Merit: 391
April 08, 2022, 10:26:43 AM
#48
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?
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
April 08, 2022, 09:45:15 AM
#47
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.

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.

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.
full member
Activity: 1848
Merit: 158
April 07, 2022, 06:38:27 PM
#46
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

Why just Metaverse, we can pretty much say that about all the technologies in the crypto space.
Whether it be NFTs, Dapps, DeFis etc... Every platform will have an impact on it and will face the dump.
But I think that now since the market is recovering a little we might not see the bear trend we were anticipating.
If things keep going like this then may be in the next 2-3 months we might get back to the 60k range.
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.

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.

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.
legendary
Activity: 3094
Merit: 1127
April 07, 2022, 06:33:48 PM
#45
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
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.
full member
Activity: 1736
Merit: 116
April 07, 2022, 06:29:08 PM
#44
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

Why just Metaverse, we can pretty much say that about all the technologies in the crypto space.
Whether it be NFTs, Dapps, DeFis etc... Every platform will have an impact on it and will face the dump.
But I think that now since the market is recovering a little we might not see the bear trend we were anticipating.
If things keep going like this then may be in the next 2-3 months we might get back to the 60k range.
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.

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.
legendary
Activity: 2282
Merit: 1023
April 07, 2022, 06:00:18 PM
#43
~
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.
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.
hero member
Activity: 3052
Merit: 606
April 07, 2022, 04:37:55 PM
#42
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

Why just Metaverse, we can pretty much say that about all the technologies in the crypto space.
Whether it be NFTs, Dapps, DeFis etc... Every platform will have an impact on it and will face the dump.
But I think that now since the market is recovering a little we might not see the bear trend we were anticipating.
If things keep going like this then may be in the next 2-3 months we might get back to the 60k range.
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.
hero member
Activity: 2842
Merit: 772
April 07, 2022, 04:15:46 PM
#41
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

Why just Metaverse, we can pretty much say that about all the technologies in the crypto space.
Whether it be NFTs, Dapps, DeFis etc... Every platform will have an impact on it and will face the dump.
But I think that now since the market is recovering a little we might not see the bear trend we were anticipating.
If things keep going like this then may be in the next 2-3 months we might get back to the 60k range.

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.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
April 07, 2022, 04:08:55 PM
#40
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

This is new technology which is needed to develop for more years. And I really believe that there will be one became successful as many people now are in digital space, for now we see those projects in BETA but once they finish all the test they need we see them release the full version to the public. But if you are worried about the tokens which is created for metaverse then maybe its good for them not to hodl yet if you are afraid about volatility just focus on top coins at the moment since they are more tested.
I think we can all see the potential of the metaverse, after all there are many video games that have some resemblance to it but which do not have the immersive experience the metaverse will offer.

However even if that is the case that does not mean the current projects that are being developed are the ones that will succeed, as we need to take into account that such a project will need massive amounts of resources for its development, and I think only huge companies like Facebook or Google have the technology, expertise and money to succeed.
hero member
Activity: 3010
Merit: 666
April 02, 2022, 01:43:43 AM
#39
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
Perhaps, they continue to develop which is something it gains more attraction to the users.
We could think that many of these metaverses are worthless but some of them are also useful. Some experts have been talking positively about the metaverse which is somewhat convincing https://ptpwallet.com/breaking-blockchain-news/reports-metaverse-potential-1-trillion-market-opportunity/.

Perhaps, they have always been positive but we are not sure how this happens in real life.
Do dangers await us upon investing these coins? Absolutely, YES.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
April 02, 2022, 01:40:03 AM
#38
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
That's just your premonition? There's always a danger awaits for innovation and pose some risks but I don't think that these big institutions are just diving way into dangers without a profit to get into. I don't think that we are in a bear market right now or in the coming years but we never know until it comes.
full member
Activity: 673
Merit: 106
April 02, 2022, 01:28:17 AM
#37
But other than that, P2E metaverse games are honestly a waste of time and energy and not worth participating or investing in.
Firstly, I think that Metaverse has exploded in such a short time and it's not in a blockchain that builds an ecosystem, it's hype that gives users an option. Development can't put pressure on just 1 year - 1 and a half years, it doesn't seem fair
Second: People with excessive time ambitions for altcoins get rekt if the project valuations don't make sense with reality.  
Third: A lot of specials are still in Metaverse, learned about Vulcan's products -> launched the mainnet for a ecosystem to support gamefi projects, etc. Time gives them strength if they respond correct response.
legendary
Activity: 2758
Merit: 1228
April 01, 2022, 06:52:35 PM
#36
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

This is new technology which is needed to develop for more years. And I really believe that there will be one became successful as many people now are in digital space, for now we see those projects in BETA but once they finish all the test they need we see them release the full version to the public. But if you are worried about the tokens which is created for metaverse then maybe its good for them not to hodl yet if you are afraid about volatility just focus on top coins at the moment since they are more tested.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
April 01, 2022, 06:48:17 PM
#35
The valuations on these projects are absolutely insane right now, and I think that a lot of them are going to take a massive hit once the music ends.

There are a few good projects that are around though, including Decentraland, which I have firm belief in. But other than that, P2E metaverse games are honestly a waste of time and energy and not worth participating or investing in.
majority of these projects are indeed no market value and once the hype is over it was expected they lose popularity and be wasted. Although we can say that some have good market intentions and give benefit to the people, however, we can't set aside the possibility that they will just then vanish in the thin air once there is another set of projects arrives.

That is why I was very skeptical upon choosing new projects and especially when it was manipulated by social media influencers like it happen to metaverse projects.
hero member
Activity: 1666
Merit: 753
April 01, 2022, 06:39:51 PM
#34
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

Yeah exactly.

The valuations on these projects are absolutely insane right now, and I think that a lot of them are going to take a massive hit once the music ends.

There are a few good projects that are around though, including Decentraland, which I have firm belief in. But other than that, P2E metaverse games are honestly a waste of time and energy and not worth participating or investing in.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
April 01, 2022, 04:52:48 PM
#33
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

Metaverse is another hype which most probably won't even see the light of real world. A huge company as Meta is struggling to create and maintain a Metaverse and now several of wannabe project want to replicate it to some form. They'd probably make something simpler or just like todays MMORPG or just an iteration of online games but that too would be of poor quality. We've seen how crypto games project have failed and almost all of them are simple text and picture based RPG rather than a real game.
Unfortunately this is the most likely outcome by far, if something similar to the metaverse already existed then everything would be a matter of execution, so the developers that were the best at replicating the existing technology would obtain a huge advantage over their competitors.

However the metaverse is still just an idea on paper that is going to be very difficult to make a reality, and I doubt those developers have the talent and the resources to actually make anything close to their vision.
member
Activity: 1078
Merit: 21
COMBONetworkio
March 30, 2022, 12:34:17 PM
#32
They will abandon it as soon as a new HYIP appears. There are more than 200 Metaverse projects on the market now and 99% of these projects are faceless, with low capitalization and horrible design of sites, documentation and other things. Among all this garbage I trust only SAND and MANA.

So I guess it is the same shit coins out there that only re-branded their selves, hiding on the roof of some hype project. I was hoping they are better and would come up with some really cool features. With all the hype in the metaverse now, I was thinking of choosing one at a time, maybe I will research more about it before putting money in them.
It was a good decision to do some research first because we don't know what kind of coin it is,
it will be safer indeed if we do research even though it is not a guarantee either,
for sure we have to be careful with hype because it doesn't mean if we follow the hype then we will profit
sr. member
Activity: 728
Merit: 266
March 30, 2022, 11:27:35 AM
#31
               While I understand your point of view, I cannot fully agree to it since looking at the metaverse projects, despite some being truly crap, some do have great use cases and utility. All throughout the years we have seen projects that have survived the bearish times because of having a great use case/utility and amazing developers that are very good with marketing and managung communities. This is also the same for metaverse projects. In fact, I even see them having more advantage than the altcoins in the past because of the massive hyoe over it today and the increasing numbers of people joining the mass adoption of cryptos. If you look at things in a bigger scale, metaverse will really be difficult if not impossible to get rid off.
sr. member
Activity: 2436
Merit: 343
March 30, 2022, 10:17:34 AM
#30
Perhaps there is no need to worry too much, as in this market, hype and trends are not so much of an issue. Although we strongly believe in the future of the mateverse field, in reality, we are seeing a lot of trash being thrown away and being recycled in this market. Over time, knowledge of money and time will determine a lot of its development. Over time, we will know for ourselves what to choose.
It was a reality behind these hypes and useless projects. They'll somehow be unreliable and unrealistic, and this issue is a big deal for me.
Knowing this issue, a big factor that discourages investors, they surely leave and find another.

My honest take on these metaverse projects...
1. absolute risk
2. no guaranteed profit
3. short-term investment (only)
newbie
Activity: 84
Merit: 0
March 30, 2022, 10:02:34 AM
#29
I Think Metaverse market is still very premature ! Market is not ready for such a thing yet, very high risk investment , I can not see any scarcity to limit supply!
full member
Activity: 628
Merit: 154
March 30, 2022, 09:56:30 AM
#28
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
Metaverse coins are still a long way to go. And the trend is already fading out as I can see. Unless this is not going to be the last time it will trend. but people tend to kind of give up on coins when they start becoming bearish. and the market is becoming bearish and this is affecting almost every cryptocurrency that you are going to find in the metaverse market today.

If there would continue to be really good projects on metaverse that would attract lots of investors and also inspire other metaverse projects to do better than they are doing, then it is definitely going to help to boost the market again.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
March 28, 2022, 10:09:37 AM
#27
They will abandon it as soon as a new HYIP appears. There are more than 200 Metaverse projects on the market now and 99% of these projects are faceless, with low capitalization and horrible design of sites, documentation and other things. Among all this garbage I trust only SAND and MANA.

So I guess it is the same shit coins out there that only re-branded their selves, hiding on the roof of some hype project. I was hoping they are better and would come up with some really cool features. With all the hype in the metaverse now, I was thinking of choosing one at a time, maybe I will research more about it before putting money in them.
hero member
Activity: 2828
Merit: 518
March 28, 2022, 09:33:24 AM
#26
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
Pretty obvious and never see any good projects out from this group. As this hypes went over, the dumps are certainly be going to see next. I'm not going to think that they gonna be dead sooner like NFT and the same with the old projects but it was going to believe that no use-case projects will have their ends.

Investing in this scheme (hyped projects) not just shows a losing end but was already a warning of the risks that await us.
member
Activity: 185
Merit: 14
March 28, 2022, 09:27:26 AM
#25
The success of a few metaverse projects is why we keep seeing many scam metaverse projects, it's expected and not surprising even the same thing happened when Defi hype was alive, I'm also expecting web 3.0 to do the same, if you are smart you will only pick the best projects as new innovative ideas are born.
member
Activity: 372
Merit: 11
elysian.finance
March 28, 2022, 08:19:42 AM
#24
In the world of business there is uncertainty and risk but improvement makes the difference. Especially for a project that is not yet completed. Some platforms show promising in the year 2022. Like MANA,SAND and decentraland. The level of utility of these project in metaverse will make the difference. Giving people what to spend their token on.
full member
Activity: 1024
Merit: 100
March 28, 2022, 05:21:33 AM
#23
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

it was the destiny of the new project. In the past when the market crashed in 2018, there were many new projects that died because they entered the bear market while they were still in the development stage. only a small part still survive to this day and even then they have lost the hype. and the metaverse projects will suffer the same fate as in the past. if the market crashes today or next month, new projects will lose the hype and may die before their platform is fully released.
full member
Activity: 821
Merit: 100
Volare.network
March 28, 2022, 03:36:30 AM
#22
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
when the market is doing well I doubt even metaverse focused projects can survive. All projects exist because of the hype, and sooner or later the hype will fade. like coinmeme or defi, their hype fades even when the market is good. and projects like that in the end none of them survive and become shitcoins. I predict these metaverse projects will suffer the same fate.
full member
Activity: 742
Merit: 102
Second Live
March 28, 2022, 02:51:04 AM
#21
Perhaps there is no need to worry too much, as in this market, hype and trends are not so much of an issue. Although we strongly believe in the future of the mateverse field, in reality, we are seeing a lot of trash being thrown away and being recycled in this market. Over time, knowledge of money and time will determine a lot of its development. Over time, we will know for ourselves what to choose.
member
Activity: 208
Merit: 10
March 28, 2022, 01:12:02 AM
#20
You are half right here OP, it takes time for new tech to complete probably a few years or even more but this doesn't mean the tech will end up being a success either, I as a person don't believe much in this metaverse because I haven't seen the need of its existence.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
March 28, 2022, 12:50:55 AM
#19
The biggest scam projects of 2020 was Defi and in 2021 Metaverse craze began which so far have made many people lost billions of dollars through scam and rug pulls, with the born of every new use case only very few will make it to stardom, metaverse project like SAND and Decentraland will be one of the few projects that will survive.

Metaverse so far had convinced a lot of investors because institutions are also up to get specially Decentraland. If all these turn out to be just beta after another bull run, I would really believe the institutions and Facebook are part of these scams including those DEFI hypes.

None of the Defi tokens we've seen that moon last year had tried notable spikes even that popular SOV had sunk down the blue hole. It had its own RSK network but just not working even after Yago's several attempts to hype again on twitter.
sr. member
Activity: 952
Merit: 275
March 28, 2022, 12:33:13 AM
#18
The biggest scam projects of 2020 was Defi and in 2021 Metaverse craze began which so far have made many people lost billions of dollars through scam and rug pulls, with the born of every new use case only very few will make it to stardom, metaverse project like SAND and Decentraland will be one of the few projects that will survive.
legendary
Activity: 3108
Merit: 1029
March 27, 2022, 06:13:34 PM
#17
I can't agree with your statment. it's kinda weird to see that. The big project like sandbox and decentraland can even sustain from the bearish market. both are also having billions marketcap. You can compare those metaverse tokens with the price at the launch of project. That's only garbage project who will always be facing a very bad thing like dumped so hard as investors are not feeling confident to hodl their asset and they dump it.
The project like sandbox and mana have bunch of supporters by its community or bi venture capital. I think that your prediction was a bit non sense.
Metaverse was hype that will be going to be for long term. These projects can sustain as long as there will be a good development progress.
sr. member
Activity: 2422
Merit: 357
March 27, 2022, 06:04:35 PM
#16
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
Metaverse are still new so what can we expect?
There should be no rush to make a quality project so better to give more time a don’t panic.

Axie infinity will have a soft launching of their alpha so this can be a great move on Metaverse. If we give more time, you can see other projects to go on their Alpha phase and finally release the main game, just be more patient.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
March 27, 2022, 05:59:36 PM
#15
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

Metaverse is another hype which most probably won't even see the light of real world. A huge company as Meta is struggling to create and maintain a Metaverse and now several of wannabe project want to replicate it to some form. They'd probably make something simpler or just like todays MMORPG or just an iteration of online games but that too would be of poor quality. We've seen how crypto games project have failed and almost all of them are simple text and picture based RPG rather than a real game.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
March 27, 2022, 05:54:03 PM
#14

Do you think create a new tech needs a night to be completed. that means you are never doing any development lol. Satoshi was creating new tech called bitcoin even need a few years to complete bitcoin blockchain so how can you come with such conclusion? so many metaverse tokens can still sustain during the bearish market. What you are saying now totally a non sense thing. That's a sense prediction for the metaverse project without proper development.
You must try to aware about the fact in the market. These days even hyper was anything. To develop the final product needs a process.
Creating a new product needs a lot of time and process. please come with a sense prediction.
sr. member
Activity: 1554
Merit: 413
March 27, 2022, 05:17:28 PM
#13
The longest metaverse projects like Decentraland have gone through and survived one bear market cycle already if you look at the chart.  It may suffer another major dip again but they won't die unlike platforms launched recently. I think the same can be said about Sandbox.
hero member
Activity: 1876
Merit: 524
March 27, 2022, 05:09:48 PM
#12
When the bear season comes, it is necessary not to limit the falls only to the metaverse. All cryptocurrencies are experiencing serious drops this season. The important point here is that we can sell cryptocurrencies at a good price before the bear season begins. The priority always starts with bitcoin, and then with the movements of btc, other cryptocurrencies suffer very bad drops. When the bear season starts, it is necessary to collect plenty of marginal cryptocurrencies.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
March 27, 2022, 03:19:21 PM
#11
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
I do not see how this is exclusive of metaverse coins, after all most of the projects that are released in the market are not close to be completed and it takes years of development to reach a stage in which the developers will have a working product.

Can a more intense bear market wreck the plans of the developers behind metaverse coins? Of course, but personally I think that is a good thing as only the most efficient coins and the ones with the best developers will be the ones to survive such an intense bear market and we will get rid of a bunch of useless projects in the process.
staff
Activity: 2436
Merit: 2347
March 27, 2022, 02:11:33 PM
#10
Metaverse tokens are a HYIP, and where there is a HYIP, there is always a lot of scam. Various projects try to create their own projects in the hope of large investments from the community, but they do not develop their product. They will abandon it as soon as a new HYIP appears. There are more than 200 Metaverse projects on the market now and 99% of these projects are faceless, with low capitalization and horrible design of sites, documentation and other things. Among all this garbage I trust only SAND and MANA.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
March 27, 2022, 11:08:55 AM
#9
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

Why just Metaverse, we can pretty much say that about all the technologies in the crypto space.
Whether it be NFTs, Dapps, DeFis etc... Every platform will have an impact on it and will face the dump.
But I think that now since the market is recovering a little we might not see the bear trend we were anticipating.
If things keep going like this then may be in the next 2-3 months we might get back to the 60k range.
hero member
Activity: 2828
Merit: 611
March 27, 2022, 10:52:48 AM
#8
I think you have valid point about it, but that's only one side of the story because all projects have been submitted to that risk, as the market trends change overtime the risk is also increasing especially for those hype-driven projects and many of those projects were found in the Metaverse, as we notice nowadays I can say that it was slowly fading so maybe you are right and if the market will experience a sudden downtrend those projects in metaverse will be much affected.  
I always believe that after every trend there are few projects that are solid enough to carry on with that sector. So, in the metaverse there are also some other really good projects that I believe that would continue strongly even after the trend is over.

The problem is that there are going to be so many projects that will fail because they are just being hyped for nothing and at the end weak and unstable projects are the ones that are being heavily affected when the market turns. Some of them goes down and hardly gets a chance again to increase to a better value. Investors who invested their money in these project would end up holding coins that they don’t know whether they will be able to gain from it or not.
hero member
Activity: 2870
Merit: 594
March 25, 2022, 12:14:25 PM
#7
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
50/50 in my opinion, if they will have a working model completed, even in a bear market, I think it's going to explode. Investors are looking for the next big hype and for sure a lot of them are waiting for the Metaverse projects to roll out. So regardless of a bear market, money is going to flow. It's just the question if the project is going to sustain it's run or not. Because if a bear market, wise investors are looking for a quick money and will squeeze everything. Maybe if they get what they want they will get out and move to the next hype in the Metaverse. Unlike if this is in a bull market, the price is going to be parabolic until it burst.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
March 25, 2022, 09:35:58 AM
#6
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
Well perhaps developers work very hard on it and the reason why they are still in the beta stage.
Until they have useful, --there is no reason that the project will become in hype soon and could be used in many aspects like the VR's world that could blockchain may apply on metaverse world. It is too early to judge them, let us wait and see what will happen, I saw a bright future in metaverse than the Defi and ICO or EIO. However, there is nothing permanent in this world, everything will be faded away, do not assume too much.
full member
Activity: 1820
Merit: 107
March 25, 2022, 09:25:11 AM
#5
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

I think you have valid point about it, but that's only one side of the story because all projects have been submitted to that risk, as the market trends change overtime the risk is also increasing especially for those hype-driven projects and many of those projects were found in the Metaverse, as we notice nowadays I can say that it was slowly fading so maybe you are right and if the market will experience a sudden downtrend those projects in metaverse will be much affected.  
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
March 25, 2022, 09:19:58 AM
#4
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
I'd just try to look at the positive impact that these metaverses projects will give but unfortunately, their credibility seems in big question till now. Metaverse had attracted attention after being aired online and especially on social media and yet, they just leave in the promises as none of these projects are worth investing.

https://www.scmp.com/tech/policy/article/3167614/chinese-financial-services-regulator-raises-alert-growing-metaverse
This seems alarming to the public and doubted if one of them will be officially launched and gain support for the community as likely it won't.
newbie
Activity: 55
Merit: 0
March 25, 2022, 09:14:27 AM
#3
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around, I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.

True, everything will fall, but those who make it out of the rumbles are the next amazon and google. So worth the risk, imo if you catch the tip on one of those.

I'm guessing $SAND will be one to stay, i don't know about the rest though
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
March 25, 2022, 09:00:49 AM
#2
Metaverse coins are not exempted if the bear market comes. We can generalize it whenever the bear is active and all of the coins will be going through a certain dip.

I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
Hype is not just for Metaverse coins and even we can it see it right now with meme coins that the hype is starting to loosen. Hypes are not going to last forever and they're easier to be gone whenever the projects that are experiencing it is new.
sr. member
Activity: 686
Merit: 403
March 25, 2022, 05:37:27 AM
#1
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
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