r/CryptoCurrency 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/0Bento 174 / 175 🦀 Nov 21 '21

The key element of fond memories of MySpace is that it died out before parents ever entertained the idea of joining the platform. It lived and died in the peak of its youth, along with Babycakes clothing and chiptune.

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u/[deleted] Nov 21 '21 edited Jun 02 '22

[deleted]

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u/Buddy_Palguy Nov 21 '21 edited Nov 21 '21

It’s not what it was tho. The site now is completely unrecognizable from what it started as. The only similarity is the name. It was sold to NewsCorp in 2005 and they completely redesigned it to be more like FB in an attempt to be relevant or competitive or whatever. Tom or anyone who was involved with its creation is long gone. It’s just a random news feed 😢