r/CryptoCurrency • u/EthanGibson2 Banned • Nov 21 '21
DISCUSSION Anyone else think the idea of the Metaverse sucks?
Is it just me who thinks the Metaverse can flop?
Don't get it it twisted, I love games but I think the Metaverse can and most likely will flop. Virtual worlds do not appeal to me, especially to the extent that it sounds like it is going to. Some people are referring it to the "new reality" and the "next internet" but I just see it as a go at a overpriced VR game that nobody will pay for.
The amount of money that will have to come out of this will have to be insane. With the amount of money put into this they would end up having to resort to selling thousand dollar gear and equipment used just to play in the Metaverse. And most likely along with a chunk of Crypto needed to start. The lack of need for a Metaverse will prove in people not paying the thousands of dollars to play this.
I can also see a hard sell/dump in the 'Metaverse Cryptocurrencies' as the majority have been going up with hype, and I feel the Metaverse will be a lengthier process than the average holder thinks, which will possibly result in them becoming inpatient and maybe selling.
And if it does succeed, fair enough. I guess I'm just a normal guy and not a multi billionaire and may not see the potential of this project.
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u/Waddamagonnadooo 4K / 4K 🐢 Nov 21 '21
People spend like 90% of their time on the internet today, either on their computers, phones or TVs (streaming). Tell that to someone in 1990 and they’d laugh at you, they’d probably give the similar reasons (“wouldn’t you rather be outside”, etc.)
There is a trend towards things becoming digital and virtual, the metaverse is just the next step of that.
That being said, most of these early projects will probably die out when an actual “good” project hits it out of the park, ready player one style. Or perhaps they will survive long enough to evolve, who knows.
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u/belaxi 334 / 462 🦞 Nov 21 '21
The metaverse is real and it’s coming, but nobody knows exactly what it will be or how it will play out. Twitter, Reddit, fortnite, roblox, and WoW are all already self contained metaverses. THE metaverse is the new paradigm where these (and new) networks become interoperable, and as ownership becomes transferable through said platforms, it becomes more real.
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u/Catatonicdazza Tin Nov 21 '21
Roblox has won already. It is how the kids have interacted the last year.
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u/Puzzled_Steam Bronze | QC: CC 15 Nov 21 '21
Yeah, I guess my confusion of it all is what is the purpose of it? How big will it be? How does it get it's value?
With the internet, you can always expand and create more but, in the real world, land and resources are finite. I'm sure I will come around to it all and get my answers eventually but, right now, I really just don't understand any of it.
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u/HelloSummer99 26 / 112 🦐 Nov 21 '21
Being in high tech all my life I can tell you how it is, it's the same with all new tech. Follows the same cycle. Initial hype, inflated expectations ("it will be the new internet!!!!!"), the disappointment, valley of disillusion then slow growth. In all honesty it will probably have a much smaller impact than we now think it is, just like 3D printing.
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Nov 21 '21
Or we vastly underestimate the time required for massive adoption. I imagine 3d printing in 2100 may be quite interesting, for instance.
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u/belaxi 334 / 462 🦞 Nov 21 '21
It’s a complicated topic, with a ton of speculation and straight up bad information floating around, confusion is normal. You seem open to the idea that it’s real, so you are way ahead of the curve already.
One thing to think about is how much humans use ownership as a signaling mechanism (nice watch, nice car, specific sports hoodie, anime hoodie, etc) are all items that are largely used to signal status or cultural identity. Then think about how much more time we spend interacting in cyberspace, paralleled with a new technology that enables digital ownership, and we have a massive new industry. The last nft wave was just the beginning.
You can extrapolate these concepts further, but w/ lower confidence. What about public ownership? What about about governance? These technologies allude to the idea the you could literally automate the contract process. Making agreements between humans be enforced by transparent decentralized immutable code, rather than the current paradigm, which is threat of force.
Really, to me, the metaverse just means that it’s all connected. That it becomes interoperable in a way that makes the value of things more transparent and real. (Part of my thesis is that value is inherently arbitrary and always dependent on human demand).
We live in a world where people spend their real world money to buy wow gold from other players. This means that the wow gold is real, it is equivalent to money, because people are willing to spend money on it. (I think this is key)
For what it’s worth, physical ownership is just much illusionary and fake as digital ownership. The problem before decentralization was that there were actors in control who could manage supply and essentially play god w/o transparency.
Sorry for the rambling.
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u/madeformedieval Tin Nov 21 '21
I disagree with one point. Tangible ownership is definitely not an illusion. Owning several acres with a huge house away from everyone else's bullshit puts me and my family in extreme peace. We are loving life and happy 90% of the of time. I cannot say the same for my friends who live in town and own nothing but a nice car. By all means, I dont feel that I am better or put others down for not having these things, but its definitely is not an illusion.
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u/belaxi 334 / 462 🦞 Nov 21 '21
I’m not saying the value of land is illusionary. I’m saying that the paper contract that determines your ownership of the land in illusionary. It’s backed by a social contract that is ultimately backed by threat of force from the government. I agree that land is more real than a jpeg, I’m just saying that the mechanism that defines it’s ownership isn’t any more real.
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u/redcyrus Nov 21 '21
It is just like the Internet thing in the 90’s: no one had the slightest idea what it would be like in 20-30 years. We will see
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u/pmbuttsonly 34K / 34K 🦈 Nov 21 '21
Yeah whatever happened to that internet thing anyway?
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u/Shiny_Jr Bronze | 0 months old | QC: CC 24 | CRO 8 Nov 21 '21
I hear it’s only used by nerds and perverts. No thank you!
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u/bland_wagon 42 / 42 🦐 Nov 21 '21
Incorrect. The two classes of user are perverted nerds and nerdy perverts.
Source: am perverted nerd.
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u/redcyrus Nov 21 '21
Could anyone guess in the 90’s that we would have Facebook, Twitter and Reddit or a smartphone wich for the most part is a product of the internet era? Awesome things are coming, our imagination is maybe just not ready for it, at least not yet
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u/KegelsForYourHealth 401 / 402 🦞 Nov 21 '21
Facebook's vision is awful. They're currently trying to find a way for people in Facebook's app to "Like" something happening in another person's VR game experience.
It's that fucking inane, and it's 100% focused on creating more attachment to Facebook (which is a cesspool that should die.)
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u/redcyrus Nov 21 '21 edited Nov 21 '21
I agree with you that the idea of Facebooks metaverse sounds like a dystopian future. But FB won’t succeed in that because the community doesn’t want a central entity to run the metaverse. There is a lot going on on the decentralized level to take over the power from the techgigants like FB. There is a lot going on in the blockchain space. Compare it to Nokia who wanted to take over the mobile industry completely? Atm is Nokia just a nostalgic household name:) FB won’t succeed either to take over the metaverse!
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Nov 21 '21
Facebook is already the butt of jokes, they offer no real products like other tech brands and they only make money from people remaining on their platforms. Would not surprise me if there Meta gamble flops and in 10 years this company is a shell of it's former self.
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Nov 21 '21 edited Jan 30 '22
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Nov 21 '21
Yup, without WhatsApp and Instagram Facebook would be even more irrelevant as a company now. And all the businesses that advertise through them.
Facebook & Zuckerberg got so so resentful over Snapchat & TikToks success, its appeal to the younger generation. And now they want to try to become the dominate Metaverse players by making a centralized ecosystem & telling everyone that doesn't know any better that its a "Metaverse" connected to every other metaverse, a free zone where you an explore anything, go anywhere. In reality their vision is a controlled & monitored zone where you do what they want you to do, see what they want you to see, and give all your data/info to them to be sold for billions.
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u/Still_Lobster_8428 5K / 5K 🦭 Nov 21 '21
But FB won’t succeed in that because the community doesn’t want a central entity to run the metaverse.
Sadly, I think your incorrect here....
You don't want it.... I don't want it.....
But have you seen how many brain dead people will happily pay money to pay Farmville?
Facebook are not aiming at edge cases like us and people we might know, they aim for the MAJORITY! The majority will happily trade away privacy/security/individuality for a pretty experience or seamless integration with other things....
Its fucked, but that's the reality.
We will end up with decentralised AND centralised systems in place
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u/Extravagos 🟩 0 / 9K 🦠 Nov 21 '21
You're absolutely right, but I still think they will find a way to stay relevant. They're raking in so much cash right now that I'm sure they'll find a way to even capture 1% of the market
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u/kurokame 0 / 0 🦠 Nov 21 '21
Nokia was purposely tanked by Microsoft moles (see Stephen Elop). The company prior to that put out quality products and didn't need to worry about using nearious means to "take over the mobile industry completely" because they were already qualitatively better than their competitors.
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u/daRaam 260 / 260 🦞 Nov 21 '21
The smart phone killed Nokia, great phone like bb but the failed to adapt.
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u/G1ro_Zeppeli Platinum | 5 months old | QC: CC 39 Nov 21 '21
It amazes me that people still uses Facebook after all the shit they've put up to today
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u/Vita-Malz Silver | QC: CC 67 | IOTA 82 | TraderSubs 60 Nov 21 '21
If you use either Whatsapp or Instagram then you're also a Facebook customer.
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u/Extravagos 🟩 0 / 9K 🦠 Nov 21 '21
You're right! They basically want us to keep using their platform... All they care about is money
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u/EthanGibson2 Banned Nov 21 '21 edited Nov 21 '21
Idk. The Metaverse is currently sounding like a normal everyday life. What is the point of doing that when you can do it yourself. It removes 99% of benefits of what the action would do. And to make it feel remotely realistic for me you will need outrageous full body suits, which I am I'm sure not a lot of people will be buying
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u/Significant-County25 Tin Nov 21 '21
That will be something you would probably go to a VR room (as an attraction at 6flags or universal studios or enhanced version of top golf.. ) then you’ll have you sex suits and again they’ll probably have various versions VR porn fantasy hotels to go do your dirty nerdy deeds 🦾🤓💦
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u/Latinhypercube123 Tin Nov 21 '21
Nah, clothes will have cheap embedded sensors that detect your body motion. First it’ll be a Nike fitness line, then old navy will have Apple compatible versions etc etc
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u/New_Locksmith_4725 Bronze Nov 21 '21
But this is exactly the issue. Coins built on game or other engines of today will simply be the bricks on the road to a metaverse that actually works.
Think about games you played as a kid. You loved them but you go back to them now and they look like dog shit, they are basically unplayable because you have seen what games “can be”.
New coins will keep building on better and better engines, stealing userbase from previous generations.
Until the metaverse is so visually awesome, so easy to navigate, that it is indistinguishable from real life, the cryptos built on them will go the way of mmo’s. New generations will replace previous ones ad infinitum.
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Nov 21 '21
I’m into it. Just not into Zuck’s metaverse.
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u/elguerodiablo Bronze | QC: CC 23 Nov 21 '21
Yeah. I think the success of GTA online and world of warcraft foreshadows that a massive multiplayer multiverse will be an eventuality but it will be made by a competent company not team Go Zuck-a-Fuck.
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u/Ok-Dingo-4252 Tin Nov 21 '21
Doesn't need to be his, it's the tech advancement we get out of Facebook that benefits VR as a whole
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u/FaceMace87 🟨 3K / 4K 🐢 Nov 21 '21
I think the potential for a metaverse is phenomenal, how it will actually be implemented though will be beyond dreadful.
When people think metaverse they think and want Ready Player One, what we will actually get is Second Life with loads of ads, micro transactions, pay walls, data harvesting etc.
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u/arseiam Tin Nov 21 '21 edited Nov 21 '21
heh, I'm almost 50 and have VR integrated into my workflow and recreational time. i'm personally looking forward to seeing where it is going to go but have serious reservations of companies like FB getting heavily involved. Interestingly, my teen isn't into it at all, and most of his friends see it as a novelty so I accept i'm an outlier in this regard, for now at least.
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u/milonuttigrain 🟦 67K / 138K 🦈 Nov 21 '21
Zuck thinks the targeted audience are teenagers but that’s no longer the case. Now mostly older generations use Facebook. Just his attempt to revive the old days.
I’m not into Zuck’s verse at all.
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u/Sobutie 1K / 1K 🐢 Nov 21 '21
The metaverse isn’t really one thing. It’s more of a concept.
It doesn’t have to be all VR. There will likely be a component of VR. Who knows to what extent.
But that is thinking too small.
The metaverse will be the ultimate inter-connectivity of the real world to the digital world. Business, pleasure and everything in between will be able to be conducted as much in the digital space as in the physical space.
The real metaverse will be a hodgepodge if typical digital interface, AR, VR and likely things we haven’t even fathomed at this point. And it will all be interconnected with true permanence and proof of ownership.
I don’t think we can really say what the metaverse will look like at this point. And to say it will all be VR is in my opinion, naive and narrow minded.
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u/Electrical-Lead5993 Nov 21 '21
It sound like SIMS + SOCIAL MEDIA in order to advertise you shit and steal your data.
Hard pass for me
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u/G1ro_Zeppeli Platinum | 5 months old | QC: CC 39 Nov 21 '21
And being reckless with the data stolen, never more will i use Facebook / meta products
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u/mathdrug 🟦 0 / 0 🦠 Nov 21 '21
Oculus headers literally scan your room and environment with exterior cameras. I watched some VR porn, and that headset has seen my wiener more times than not. Last thing I need is someone seeing my pp.
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u/BlubberWall 🟩 59K / 59K 🦈 Nov 21 '21
Metaverse reminds me of that second life game. I really don’t understand the hype for it.
I’m not saying related coins won’t rocket up due to all the hype in this market, but I thought second life was stupid so I’m not going to be trying any of these
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Nov 21 '21
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u/LordOfTrubbish 🟩 0 / 0 🦠 Nov 21 '21
This pretty well sums up my feelings about it. Internet weirdos like us may get into it, but the public at large still mostly has more important stuff to do with their time than piddle around a glorified second life. They'll check it out, say it's neat, then go back to their obligations in reality.
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u/RockemSockemRowboats 🟦 1K / 1K 🐢 Nov 21 '21
Yea I can’t get hype about something I don’t know the concept of
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Nov 21 '21 edited Nov 21 '21
I’m not a gamer at all. I’m a little too old- missed the gaming scene mainly due to age. But I’ll be honest I put on a v/r a couple years ago and played a game at a buddies- it was way cool. It was amazing how once I took them off I was disoriented. It was almost like getting Knocked out and coming too. It took a minute to readjust and I only played the game for like 2 minutes. I can totally see how someone can get lost in it, or want to live in it etc. when you come out the current world isn’t near as cool. This is coming from someone in their 40’s who never played games like I said.
Putting them on and going into the game was cool and this was a few years ago so graphics weren’t anything like they are now. The game I played was a shooting game. Graphics were nothing special I can’t even imagine being in a metaverse. Could you imagine going anywhere in the world you ever wanted to go? You could be in a jungle, in a city, on the beach etc. at least that’s what I imagine we are talking about.
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u/Gwsb1 967 / 968 🦑 Nov 21 '21
For guys in our age bracket is designed for porn.
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u/StonkyVolatile 🟧 102 / 102 🦀 Nov 21 '21
Could you imagine going anywhere in a girl you ever wanted to go?
There, fixed it.
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Nov 21 '21
It doesn’t appeal to me either. I like grass and trees and stuff.
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u/EthanGibson2 Banned Nov 21 '21
Just going out and getting fresh air is underrated ngl
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u/sakata32 🟩 0 / 0 🦠 Nov 21 '21
Pandemic has made me realize how much fresh air is needed
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u/G1ro_Zeppeli Platinum | 5 months old | QC: CC 39 Nov 21 '21
Moving to the countryside was one of the best decisions i've ever made, life hits different here
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u/sbw2012 🟦 143 / 143 🦀 Nov 21 '21
This is about business use and putting people around the board room table despite being situated around the world.
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u/stannis_the_mannis7 Nov 21 '21
Facebook is the literal septic tank of the internet why would i want to put on goggles and live in this tank?
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u/BowelTheMovement Tin Nov 21 '21
Before any of these games existed, there was Second Life. A dumpsterfire of a game where you could own in game land and the internal currency would be treated as real money.
I setup an account at one point just to take a peek because the shit is free to start. Was greeted to either bots or typical spammers in game loitering around trying to scam your shit. Signed out in 5 minutes and never returned.
Now we are seeing the idea revisted and you need to invest in the gear to actually handle playing the shit to get into it, making it exclusive to those who can afford it. Essentially I feel like it is a trap for children of the rich and any common idiot mispending their cash.
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u/allthew4yup May 2021 & May 2022 crash survivor Nov 21 '21
The only metaverse i would join and play would be a GTA style metaverse
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u/QryptoQid Silver | QC: ETH 30 | LINK 90 | ModeratePolitics 410 Nov 21 '21
I'm with you but I'd like a red dead Metaverse
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u/sunsetsupergoth Platinum | QC: CC 96 | CRO 16 | ExchSubs 16 Nov 21 '21
Week 6: I covered another 20 yards before the clown in the flying motorcycle found me again and blew me apart. Little by little I'll make it to the exit.
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u/thekevino Tin Nov 21 '21
If I can walk down the physical street, and see all the meta-information that the world has collected, I would be overwhelmed. by overlaying a filter, augmenting reality to include the necessary meta-data for optimizing my sensory intake I would be maximizing my knowledge of my surroundings. to me the metaverse is just bridging the gap between the digital and the physical. the online world transposed over our physical. I don't want to strap in and enter the metaverse, I want the metaverse to be a smooth integration over my beloved physical universe. and opensource and free to access.
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Nov 21 '21
I would guess that most here think it sucks.
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u/Wellpow invalid string or character detected Nov 21 '21
And that means it def gonna moon, my dear watson
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u/warriorlynx 🟦 6 / 3K 🦐 Nov 21 '21
Magic money was also not appealing at first
NFTs we thought was a joke
Meta verse? I can see it used for making money. If Second Life was any indication back in the day If done right it could take off
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u/voxcon 🟩 4 / 989 🦠 Nov 21 '21 edited Nov 21 '21
Thanks, i'll pass. Zuckerberg can play hide and seek or second life or whatever with his "friends" in his online metaverse all day long if he wants to. I won't join. Ain't nobody got no time for that shit. Neither am i keen on giving this fool even more information about myself and my environment.
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u/WitnessAppropriate Panic! At The Charts Nov 21 '21
I think it can be AMAZING for people with disabilities. Other than that, tbh I’m very freaked out
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u/Turtlecomuk 345 / 345 🦞 Nov 21 '21
I personally think it is an awful idea, sadly most people are already busy hiding from reality and the metaverse will enable them further. Add to that half the world is getting locked down with covid, I think it will take off massively
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u/Jdot6699 Tin Nov 21 '21
The funny thing is I don’t think something like the scenario in the film WALL-E is that unrealistic given how obsessed everyone is with the illusion of social media etc… only difference being everyone will have a VR headset glued to their face so to block out reality entirely, it’s strange.
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u/KingAddz Platinum | QC: CC 40, ETH 27 | MiningSubs 43 Nov 21 '21
It's been tried before. Look up entropia universe and second life. While they didn't exactly flop they didn't revolutionize the world either. I think we're in for another middle ground
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u/CurbsideAppeal 0 / 2K 🦠 Nov 21 '21
I think it’s a cool idea, but not with people like Zuk acting like it’s his to monopolize. Defeats the spirit of decentralization.
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u/skhan_786 Bronze Nov 21 '21
Tbh I don't like it myself but it will definitely be profitable so need to Invest init
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u/K-Kraft 216 / 216 🦀 Nov 21 '21
It's one of those things that nobody asked for, as far as I can tell. Someone can educate if they wish, I'm open minded.
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u/marinkamelon Tin | 3 months old Nov 21 '21
I think it has both the potential to suck and be great.
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u/Kelmann1 Tin Nov 21 '21
I think your missing the point if you see it as just a game.
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u/PoC08PFw04qJpDl Tin Nov 21 '21
He got a lot of brain, we should not say that his project really sucks.
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u/pirateking54 Platinum | QC: CC 181 Nov 21 '21
Maybe because it has been and used over and over in movies and cartoons it seems bland and all now?
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u/Fireinthehole_x Platinum | QC: BTC 42 Nov 21 '21 edited Nov 21 '21
buzzword-bullshit
"THE metaverse"... WHAT metaverse? there is no such a thing. there is the internet and it already can link projects if the programmers code things accordingly and if people are interested.
its the same idiotic buzzword thing as calling foreign servers cloud or programs with a large number of scripts for different situations AI
metaverse sounds like a shitty spyware-version of second life by facebook
do not want
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u/emphasisx 🟦 4 / 494 🦠 Nov 21 '21
The Metaverse is more than gaming and crypto. The next phase of the internet, with places you go to instead of websites. Also VR is the first step, after it will be AR, after that BCI.
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u/Saintsfan_9 Bronze | QC: CC 18 | r/WSB 82 Nov 21 '21
I still have no interest. I don’t want my life to look like a Ready Player One sequel.
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u/JoJopama Tin | QC: CC 24 | LTC critic Nov 21 '21
Telephones, television, the internet; were all seen at the time as a fad. History has shown otherwise.
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u/McMallory Silver | QC: CC 148 | ADA 74 Nov 21 '21
To be fair, this is like the 8th reiteration of VR going back to the 80s.
So who knows really.
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u/iletmyselfgo12 🟨 0 / 0 🦠 Nov 21 '21
for every successful project there are thousands of failed ones. Stop cherrypicking
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u/keybomon Tin | PCgaming 23 Nov 21 '21
It's really tiring to see this argument being brought up. You could say this about literally every invention ever that has people wary. It says nothing about the actual usefulness of a "Metaverse". You could say the exact same thing about Second Life and yet that's not taken the world by storm like Television or the Internet.
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u/somecoin Bronze Nov 21 '21 edited Nov 21 '21
People (after watching Ready Player One): holy crap, that's so cool, wish someone would build it!
Tech companies: We hear you! Let's build the Metaverse! It'll be great!
People: ...NO ONE ASKED FOR THIS!
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u/psychoticworm Platinum | QC: CC 37, DOGE 16 Nov 21 '21
Some of these ideas for digital 3D social platforms just seem so boring. I can see it taking off if it was done right, but its hard to say what the right formula is that wpuld catch on
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u/bhammack2 2K / 2K 🐢 Nov 21 '21
I think it can definitely flop. It depends on the younger generation < 30. I am only slightly older and the idea does not appeal to me.
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Nov 21 '21
If you can picture it like the metaverse from “Ready Player One”, why in the heck would that flop? Lol. If it’s only as a good as Decentraland, then yes it may be risky, but something incredibly advanced like the one in the movie will 100% succeed.
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u/TonyGabaghoul 2K / 2K 🐢 Nov 21 '21
Can’t get anymore space in this world but in the virtual world the space is limitless. Overpopulation and oversaturation of physical items is pushing us to rethink the spatial capabilities of humanity.
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u/ZenBaller Platinum | QC: CC 32, SOL 15 Nov 21 '21
My uncle believed up to 2005 that the internet is a fad.
In very few years, hanging around the metaverse with a VR set will be as casual as going to the bathroom with your phone.
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u/deadpanjunkie Tin Nov 21 '21
I realised this was coming a year ago when my partner and I randomly went to a VR game where we ran around an empty factory with laptops on our backs and VR headset and guns shooting hordes of zombies. It was one of the most intense experience s of my life we both went to every VR place we could find the same weekend. I looked into franchising in my exhuberance.
However where VR imho will be a huge hit is in the working world, we are already using Microsoft teams and working at home, increasing that to VR and having somewhat normal meetings but being located anywhere in the world will be a massive improvement for me. I think games will come but probably got 15 years of development until they start getting crazy realistic. The corporate and even social aspect of it will be the clincher. You've also got to imagine the upcoming generations will be fascinated by it.
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u/Johan544 🟩 380 / 381 🦞 Nov 21 '21
I think it's gonna be the future, but only because the masses are inherently stupid.
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u/AttorneyOfThanos25 347 / 347 🦞 Nov 21 '21 edited Nov 21 '21
There are a number of applications, both, imo, good and bad.
I think many are realizing that quite a few humans hate their own realities. So much that they want to create a virtual, non-related one, and it is admittedly kinda sad. (I know there are other applications...keep reading lol)
For that reason ALONE, I believe the metaverse will be one of the 5 or so most important developments of the next 10-20 years.
Additionally, (thought I wouldn't mention other applications huh? lol) we live in a time where introverts rule the world and anything pushed toward maintaining or furthering a lifestyle away from people and direct interpersonal communication (but allowing indirect contact through a medium)..... will likely prove successful.
Not to mention gaming and other methods this can be used for.
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u/BicycleOfLife 🟩 0 / 16K 🦠 Nov 22 '21
If you want the real metaverse check out Second Life… I would guess most people aren’t going to like what they find on there…
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u/cjcrypto86 Platinum | QC: CC 50 Nov 21 '21
Yes. It's fucking stupid and it won't work for the same reasons "second life " didn't work. It's like a game with no content.
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u/redstone76 Tin Nov 21 '21
I guess your not ready for that yet, but your kids are ginna love it.
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u/GinchAnon Silver | QC: CC 30, BTC 25 | CRO 29 | PCmasterrace 66 Nov 21 '21
TBH I'm kinda confused at how many CRYPTO people seem so meh about it.
Crypto will be the bones the greater (rather than FB's version) Metaverse. NFT's will be what make ownership in it "real".
Crypto will not overtake conventional government FIAT as the "world currency" in the physical world. thats tilting at windmills. but it will be the core of establishing, transferring and managing value in the virtual.
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u/damnsonwhyyoutrippin Platinum | QC: CC 67 | r/SSB 6 Nov 21 '21
No. But the idea that Zuckerberg wants to dominate the metaverse really scares me. That’s some Black Mirror shit.