What will be the next big industry move? - page 13.

Oasisman

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Quote from: KTChampions on March 10, 2022, 08:33:58 AM

Quote from: Lucasgabd on March 10, 2022, 08:01:05 AM

Quote from: KTChampions on March 09, 2022, 03:29:24 PM

I don't know about NFT, but this trend for the metaverses looks like a collapse in my opinion - spring and summer are ahead. The pandemic is over and now most people will return to real life and the topic of the metaverses will recede to tenth roles in priority. It is difficult to say when they will become relevant again, but definitely not in the next year - people still have enough impressions from ordinary life that they have lost the habit of.

metaverses aren't built in 1 day, crypto itself is starting to get traction now after 10 years
give it time, it will come, but needs time to develop, have cheaper technology, etc...

Nope

I often hear this argument about time and I do not agree with it (and even in relation to cryptocurrencies). If the technology is in demand, then it spreads very quickly and occupies its own niche, if not, then it doesn’t, and no time will help here. See how fast tiktok has spread. With VR/AR/Metaverse nothing like this is observed. I concluded that without serious (even revolutionary) technical breakthroughs, these technologies will not gain a large audience and remain in their narrow niches.

That made sense. Online activities are on top when everyone was staying at home because of quarantine and Covid related restrictions. Today, we are gradually moving forward to return to our normal routine where everyone can enjoy thier outdoor lives. So, that being said, there will be a significant number of decline in number for demand or the target market for metaverse. I may not say it's a collapse , but If metaverse become a trend in future, that will definitely takes time.

xSkylarx

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Quote from: KTChampions on March 10, 2022, 08:33:58 AM

Quote from: Lucasgabd on March 10, 2022, 08:01:05 AM

Quote from: KTChampions on March 09, 2022, 03:29:24 PM

I don't know about NFT, but this trend for the metaverses looks like a collapse in my opinion - spring and summer are ahead. The pandemic is over and now most people will return to real life and the topic of the metaverses will recede to tenth roles in priority. It is difficult to say when they will become relevant again, but definitely not in the next year - people still have enough impressions from ordinary life that they have lost the habit of.

metaverses aren't built in 1 day, crypto itself is starting to get traction now after 10 years
give it time, it will come, but needs time to develop, have cheaper technology, etc...

Nope

I often hear this argument about time and I do not agree with it (and even in relation to cryptocurrencies). If the technology is in demand, then it spreads very quickly and occupies its own niche, if not, then it doesn’t, and no time will help here. See how fast tiktok has spread. With VR/AR/Metaverse nothing like this is observed. I concluded that without serious (even revolutionary) technical breakthroughs, these technologies will not gain a large audience and remain in their narrow niches.

Yes, this has merit, but I do not believe it will take more than 10 years or so. The development of equipment, on the other hand, I believe will take time, but if we are talking about adaptability, I believe that people will adapt quickly to it. Nonetheless, the point is that it would take years to completely bug-free the metaverse, and they will continue to update and upgrade it on a regular basis. Because of technological advancements in recent years, it would be much more rapid than in the past.

Silberman

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Quote from: YinShuiSiYuan on March 07, 2022, 01:29:19 PM

The pandemic has had a huge impact not only on gambling, but on everything that can be done online. It is very likely that COVID will cause a snowball effect that will make a large part of our lives move to the virtual world. I think the next step in the gambling industry will be the tremendous growth of the casinos in the metaverse.

There was a clear trend that was in place even before the pandemic in which the lives of people became more and more digital to the point that some people find more value in their digital lives than in their real ones, however the pandemic has accelerated that process to an amazing speed and now it seems we are going to get there way faster than what we thought at first, is it a good thing? I am not sure, but that is clearly the tendency we are seeing right now.

TheGreatPython

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Quote from: madnessteat on March 10, 2022, 04:59:30 AM

Quote from: delfastTions on March 10, 2022, 02:46:36 AM

Over the past two weeks, the global situation has changed perhaps even more seriously than during the pandemic. You all know why.

And all this will lead to serious economic consequences for millions, if not billions of people. So the topic of the development of metauniverses, NFT and other modern technologies will obviously slow down. Consequently, the development of innovations in the field of online gambling will also slow down.

And in general, I think this topic of the metaverses is too bloated and advertised by fans of it technologies.
And don't take this topic too seriously.

Absolutely agree with your opinion. The economies of many countries are facing real challenges. People are increasingly thinking about their future rather than entertainment. Developing NFT and metaverses in this environment is quite problematic as the demand for them continues to decline.

It would be interesting to know if the number of visits to online casinos has changed in the last two weeks. Somehow it seems to me that this activity should go down as well.

It only sucks that the effects of the pandemic still haven't ended yet but there are other problems again that adds up and make the situation worse. Entertainment will still be in demand and I think the demand can go higher than what you guys are expected. That is because people will try to divert their attention for a while from real world problems to gambling and metaverse/NFT's to relax and release the stress that they feel.

If they are lucky or if they possess some skills, they can also manage to earn a profit from those activities that I mentioned above. Number of visits from a casino will also depend on the casino if they offer great services.

KTChampions

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Quote from: Lucasgabd on March 10, 2022, 08:01:05 AM

Quote from: KTChampions on March 09, 2022, 03:29:24 PM

I don't know about NFT, but this trend for the metaverses looks like a collapse in my opinion - spring and summer are ahead. The pandemic is over and now most people will return to real life and the topic of the metaverses will recede to tenth roles in priority. It is difficult to say when they will become relevant again, but definitely not in the next year - people still have enough impressions from ordinary life that they have lost the habit of.

metaverses aren't built in 1 day, crypto itself is starting to get traction now after 10 years
give it time, it will come, but needs time to develop, have cheaper technology, etc...

Nope

I often hear this argument about time and I do not agree with it (and even in relation to cryptocurrencies). If the technology is in demand, then it spreads very quickly and occupies its own niche, if not, then it doesn’t, and no time will help here. See how fast tiktok has spread. With VR/AR/Metaverse nothing like this is observed. I concluded that without serious (even revolutionary) technical breakthroughs, these technologies will not gain a large audience and remain in their narrow niches.

Lucasgabd

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Quote from: KTChampions on March 09, 2022, 03:29:24 PM

Quote from: madnessteat on March 09, 2022, 04:54:08 AM

<..>

I don't know about NFT, but this trend for the metaverses looks like a collapse in my opinion - spring and summer are ahead. The pandemic is over and now most people will return to real life and the topic of the metaverses will recede to tenth roles in priority. It is difficult to say when they will become relevant again, but definitely not in the next year - people still have enough impressions from ordinary life that they have lost the habit of.

metaverses aren't built in 1 day, crypto itself is starting to get traction now after 10 years
give it time, it will come, but needs time to develop, have cheaper technology, etc...

madnessteat

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Quote from: delfastTions on March 10, 2022, 02:46:36 AM

Quote from: Smartprofit on March 06, 2022, 01:19:56 AM

Recently, people spent a lot of time on the Internet and virtual reality.

This was due to the global pandemic of the Covid-19 coronovirus.

People did not travel, did not visit friends and acquaintances, did not visit theaters and restaurants. Therefore, people spent a lot of time exploring virtual reality.

The coronavirus pandemic is currently on the decline. People are now more interested in the real (living) reality. Therefore, now the development of the Metaverse will slow down.

However, this does not mean that the process of creating the Metaverses will stop or reverse.

Over the past two weeks, the global situation has changed perhaps even more seriously than during the pandemic. You all know why.

And all this will lead to serious economic consequences for millions, if not billions of people. So the topic of the development of metauniverses, NFT and other modern technologies will obviously slow down. Consequently, the development of innovations in the field of online gambling will also slow down.

And in general, I think this topic of the metaverses is too bloated and advertised by fans of it technologies.
And don't take this topic too seriously.

Absolutely agree with your opinion. The economies of many countries are facing real challenges. People are increasingly thinking about their future rather than entertainment. Developing NFT and metaverses in this environment is quite problematic as the demand for them continues to decline.

It would be interesting to know if the number of visits to online casinos has changed in the last two weeks. Somehow it seems to me that this activity should go down as well.

Smartprofit

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In my opinion, the use of DAI in the gambling industry would be a big breakthrough.

Decentralized online casinos are a very promising topic. At the same time, it seems appropriate that decentralization be introduced at all levels of the system. For example, the online casino itself can operate in the form of a DAO (Decentralized Autonomous Organization).

At the same time, rates can be in DAI. This will allow online casinos to be included in the digital decentralized finance system.

Such a system would be more secure from abuse by regulators.

michellee

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There is a possibility that the NFT trend has started to fall if you look at the results from Google trends and another trend may appear to replace the NFT trend. It has happened many times before and if this is indeed the end of NFT and Metaverse, maybe we need to get ready for a new trend to emerge.

Maybe it's time for bitcoin and altcoins to bounce back while waiting for a new trend to create a stir like the previous trend. But if you look at market conditions, it seems the market has also moved down. Is it possible the current downturn in the market has caused the NFT and the metaverse to also go down?

delfastTions

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Quote from: Smartprofit on March 06, 2022, 01:19:56 AM

Recently, people spent a lot of time on the Internet and virtual reality.

This was due to the global pandemic of the Covid-19 coronovirus.

People did not travel, did not visit friends and acquaintances, did not visit theaters and restaurants. Therefore, people spent a lot of time exploring virtual reality.

The coronavirus pandemic is currently on the decline. People are now more interested in the real (living) reality. Therefore, now the development of the Metaverse will slow down.

However, this does not mean that the process of creating the Metaverses will stop or reverse.

Over the past two weeks, the global situation has changed perhaps even more seriously than during the pandemic. You all know why.

And all this will lead to serious economic consequences for millions, if not billions of people. So the topic of the development of metauniverses, NFT and other modern technologies will obviously slow down. Consequently, the development of innovations in the field of online gambling will also slow down.

And in general, I think this topic of the metaverses is too bloated and advertised by fans of it technologies.
And don't take this topic too seriously.

madnessteat

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Quote from: bbc.reporter on March 09, 2022, 09:20:19 PM

^

ICOs have moved to safer sales on trading floors and fraud has not been as widespread in the DeFi sector. Undoubtedly they will become part of the culture and will be used further. In my opinion, people who invest their money in NFT and metaverses should understand that not every project will be brought to what is written in the white paper. Right now you have to be cautious about such investments.

bbc.reporter

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Quote from: madnessteat on March 09, 2022, 04:54:08 AM

" Interest in NFT and metaverse drops: Google Trends

Based on data from Google Trends, searches for the words "NFT" and "metaverse" dropped sharply in February. They fell by 68% and 64%, respectively.

Also, over the past week, NFT's trading volume dropped by 32%. Now it amounts to $407 mln. "

Source: https://t.me/incrypted/12642

This is not very shocking if everyone will consider that the cryptospace always a hype and pump stage that has always been followed by a fud and dump stage later in this cycle. It is very much similar as ICOs and Defi. However, did ICOs and Defi die? No they became important parts of the continued existence of cryptospace and its culture. NFTs will become part of this culture too, I reckon.

LUCKMCFLY

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Quote from: Smartprofit on March 06, 2022, 01:19:56 AM

Recently, people spent a lot of time on the Internet and virtual reality.

This was due to the global pandemic of the Covid-19 coronovirus.

People did not travel, did not visit friends and acquaintances, did not visit theaters and restaurants. Therefore, people spent a lot of time exploring virtual reality.

The coronavirus pandemic is currently on the decline. People are now more interested in the real (living) reality. Therefore, now the development of the Metaverse will slow down.

However, this does not mean that the process of creating the Metaverses will stop or reverse.

That is a great statement, in these times is when they have more affinity towards the digital, in fact everything that is happening in the world of the war drums of Russia and Ukraine is becoming more and more acute and they will have the world in a clear pressure and this will keep many people on the internet and trying to look for jobs there, teleworking is already a fact and therefore one of the things that most arise are the casinos, the bookmakers because it is what shines the most in a moment of crisis.

The metaverses are the great hope for many games, among which the NFTs are also focused, which have mostly had a very bad reputation, if things are done well I think the metaverses are the solution to everything.

blockman

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Quote from: Smartprofit on March 09, 2022, 02:49:43 PM

Yes, there is such a trend ...

At present, the Covid-19 pandemic is on the decline. People dream about real life (travel, entertainment, sports competitions, biennials, theaters, exhibitions).

At the same time, geopolitical tensions are on the rise. Wars start, sanctions are imposed. The price of oil and natural gas rises. Global inflation is on the rise. The focus of people's attention is moving away from the virtual world to the real world.

I think in the near future people will play less online casinos and be less interested in NFTs and the metaverse.

I think for gambling, there's no exact phenomenon on it. People will always gamble at anytime that they want but for NFTs and metaverse, I agree that the hype is also declining.
As we get back to our old lives, there's still a little interest in it when they're seeing the numbers that it projects. But the actuality of it is declining and people are losing interest on it because just as what they think about bitcoin being expensive, they're also thinking of it that purchasing or anything related to nft is expensive.

Cookdata

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Quote from: bbc.reporter on March 08, 2022, 12:30:07 AM

Everyone is speculating on NFT and the metaverse might be the next industry move and I agree, however, no one is speculating on the hyperdollarization of the gambling industry in the cryptospace through stablecoins. Also not only USDT or USDC, also decntralized stablecoins like DAI, TUSD and others too. I mentioned this before, if there was a smart owner of a gambling site, he would begin accepting stablecoins now while the cryptospace is under a bear market.

I will discourage the use of USDT, maybe the use of DAI will encourage adoption, but I will stay away from anything related to Tether.
Gambling and licensing can be complicated at times, and Tether has the ability to freeze any USDT on any address if they feel you are a threat. It's possible that Tether will freeze USDT on a gambling website if a user complains that they didn't provide him with decent service or that he lost money for any reason and wants his money back.
To avoid all of these issues, a small amount of decentralization is also required in gambling, and I believe DAI should be included in both deposits and withdrawals.

KTChampions

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Quote from: madnessteat on March 09, 2022, 04:54:08 AM

" Interest in NFT and metaverse drops: Google Trends

Based on data from Google Trends, searches for the words "NFT" and "metaverse" dropped sharply in February. They fell by 68% and 64%, respectively.

Also, over the past week, NFT's trading volume dropped by 32%. Now it amounts to $407 mln. "

Source: https://t.me/incrypted/12642

I don't know about NFT, but this trend for the metaverses looks like a collapse in my opinion - spring and summer are ahead. The pandemic is over and now most people will return to real life and the topic of the metaverses will recede to tenth roles in priority. It is difficult to say when they will become relevant again, but definitely not in the next year - people still have enough impressions from ordinary life that they have lost the habit of.

Mahanton

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Quote from: Smartprofit on March 09, 2022, 02:49:43 PM

Yes, there is such a trend ...

At present, the Covid-19 pandemic is on the decline. People dream about real life (travel, entertainment, sports competitions, biennials, theaters, exhibitions).

At the same time, geopolitical tensions are on the rise. Wars start, sanctions are imposed. The price of oil and natural gas rises. Global inflation is on the rise. The focus of people's attention is moving away from the virtual world to the real world.

I think in the near future people will play less online casinos and be less interested in NFTs and the metaverse.

You would definitely say like this because each trend would really be having a particular duration depends if a certain demand would able to meet up but if not then expect that these kind of declines
would surely happen and it is true that people do much prefer on personal real world experience and engagement rather than focusing with digital even though this industry is inevitable but there
would be a specific market for that but in most time we do much prefer on personal experience.

Smartprofit

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Quote from: madnessteat on March 09, 2022, 04:54:08 AM

" Interest in NFT and metaverse drops: Google Trends

Based on data from Google Trends, searches for the words "NFT" and "metaverse" dropped sharply in February. They fell by 68% and 64%, respectively.

Also, over the past week, NFT's trading volume dropped by 32%. Now it amounts to $407 mln. "

Source: https://t.me/incrypted/12642

Yes, there is such a trend ...

At present, the Covid-19 pandemic is on the decline. People dream about real life (travel, entertainment, sports competitions, biennials, theaters, exhibitions).

At the same time, geopolitical tensions are on the rise. Wars start, sanctions are imposed. The price of oil and natural gas rises. Global inflation is on the rise. The focus of people's attention is moving away from the virtual world to the real world.

I think in the near future people will play less online casinos and be less interested in NFTs and the metaverse.

Lucasgabd

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Quote from: Fatunad on March 08, 2022, 02:50:50 PM

Quote from: Lucasgabd on March 08, 2022, 08:07:35 AM

Quote from: bbc.reporter on March 08, 2022, 12:30:07 AM

Everyone is speculating on NFT and the metaverse might be the next industry move and I agree, however, no one is speculating on the hyperdollarization of the gambling industry in the cryptospace through stablecoins. Also not only USDT or USDC, also decntralized stablecoins like DAI, TUSD and others too. I mentioned this before, if there was a smart owner of a gambling site, he would begin accepting stablecoins now while the cryptospace is under a bear market.

really good take
dollar-pegged coins will probably grow up in terms of % of total dollars in existence and may be a good option for those who want no exposure to crypto volatility (only exposure to fiat volatiliy, but this is a different story)

Stable coins usage would really be just good on making yourself able to avoid about on crypto volatility but it isnt really that good on putting up your assets on stablecoin form even though this is pegged with fiat value
but when it comes to security then i dont think that it would really be still that ideal but for now this is the best thing that you could possibly do on easily switch up from stable coin into crypto.
About next cryptocurrency move then it would really vary and depends a nd this is something that we couldnt predict.

oh, yes, I know that and you know that
all fiat has no true value, with so much printing their value will go to zero
but for some reason there's people who wants to be exposed to fiat rather than crypto, so now they have an option, with a slightly bigger degree of risk with stablecoins than bons on cash directly... due to smart contracts, regulators, etc...

madnessteat

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" Interest in NFT and metaverse drops: Google Trends

Based on data from Google Trends, searches for the words "NFT" and "metaverse" dropped sharply in February. They fell by 68% and 64%, respectively.

Also, over the past week, NFT's trading volume dropped by 32%. Now it amounts to $407 mln. "

Source: https://t.me/incrypted/12642

Topic: What will be the next big industry move? - page 13. (Read 4746 times)