So, after the whole NFT and metaverse hype kinda died down, I noticed a lack of new projects. But then I stumbled upon Secondlive, this decentralized metaverse platform on the BNB Chain, and it got me thinking... maybe the metaverse trend is making a comeback?
The thing is, it’s not even listed on exchanges yet, so this could mean the trend is either returning or they’re just trying to spark some interest again. I’m pretty curious to see how this one does once it hits the exchanges.
What do you all think? Have you come across any new metaverse projects recently? If you have, drop some names. If not, just throw in your thoughts.
Is the metaverse making a comeback?
19 replies 144 views
Meme coins are still the trend but which might probably later fade away but which could take a long period of time if there is nothing new that will make it not to remain as trend.
It has been long that I heard of metaverse projects but you saw only one should not make you have conclusion until you are seeing exchanges listing more metaverse tokens.
They are not trendy.
Don't hear about them that much lately, and wouldn't go for them anyways, as they are usually just hype-and-dump kind of projects.
nonce_sigmaFull Member
Posts: 117 · Reputation: 612
#4Sep 19, 2019, 05:23 PM
No I dont think the Metaverse trend is back, its been so long since that craze. It died & never really regained any hype of traction. I would be extremely cautious about investing in anything like this, I think the Metaverse ship has sailed sadly.
None, many of them don't look promising anymore. Well, we've been used to say that most of them are promising when they're just released to the community but today, it's the reality that none of them is interesting anymore.
Me too, I am done with them. Not going to spend any nickel on them anymore because it's one of the reason why I've sold some of my holdings too early.
Do you know most people said the same thing about internet opportunities after the first major crash? Someone is going to create a phenomenal metaverse project (perhaps using parts of the TON ecosystem) and many millions of people will rush to join once it gains momentum.
hyp3rorbitMember
Posts: 79 · Reputation: 247
#7Sep 20, 2019, 03:21 AM
Full immersion 3-D is not always the best form of display.
So I suspect a lot of it will depend on what things how many people will really want a full-immersion 3-D view of.
So far 3-D movies for example are nopwhere near that level of 3-D so maybe a first step would be for movies to reach that intensity of 3-D.
We could maybe end up with a progression like choose your own adventure novels and early simple adventure games: basically make the movies more and more interactive with each individual in the audience choosing their own path through them to different endings or cleverly converging to the same ending regardless of the route chosen.
If that kind of immersiveness does turn out to be popular enough to be sustainable it could end up leading eventually to the metaverse kind of idea.
Meanwhile also afficionados of immersive 3-D could sponsor, buy, support, or develop immersive 3-D clients for already existing games, afterall why settle for whatever text or graphic modes the original authors originally provided to view their game through when A.I. is getting better and better all the time at explaining describing, and illustrating things?
We should hopefully see more and more flexible clients able to turn more and more things, from novels through interactive text mode games, into real-time movies on the fly, with the user choosing what style of art they wish to see it illustrated in...
This is why I favour pure text-mode games, not only does it use less bandwidth thus allow more simultaneous users per server but also it uses "the most powerful grahphics engine in the known universe... your own imagination" and opens the door to the whole gamut of A.I. clients that ultimately can illustrate and animate it to each user's individual preference.
This is also of particular importance for play to earn games because the more expensive it is to serve the game the less wealth there is left over for players to earn!
-MarkM-
The project I saw is Secondlive (LIVE) and it is listed on exchanges already, from Bitget to many others. I am observing it trend as a positive chart might get others to launch, what do you think?
SilentGuruSenior Member
Posts: 432 · Reputation: 1445
#9Sep 20, 2019, 06:26 AM
Entirely different thing to be compared. Internet is essential, metaverse isn't. The fact that user retention is low post covid means people don't really care and the only consider it as an entertainment. Meanwhile the internet solves big part of real life problem like how bitcoin solves borderless remittance and store of value.
Meta literally has been dumping billions to the metaverse and what they got is nothing and they already pivoted to AI.
I mean, anything could happen but I won't bet on metaverse where mark zuckerberg literally losing billions in it.
It's like seeing one good successful ICO project and then asking if the ICO trend is back?
Hype isn't just about one token, but after a number of tokens that have collectively shown to "succeed" or "skyrocket" in price, making some few "crypto millionaires". To tell you the bitter truth, metaverse hype isn't coming back. If you are smart enough, just wait for another hype train and hump onto it before it's too late
wolf_blockFull Member
Posts: 125 · Reputation: 586
#11Sep 20, 2019, 07:11 AM
I don't think it is back, at least not with the same momentum and popularity it had a couple of years ago. Even Facebook/Meta has recognized their mistake and has abandoned their efforts to bring a functioning metaverse for people to use and have switched their resources to be used on artificial intelligence development.
Only because there are still some projects trying to get people interested, it does not mean it is going to work and bring all the interest back so there will be millions of people buying mana, sanbox and other metaverse coins/tokens as they did a couple of years ago.
It is better not to pay much attention to it, there is little or no money to be done in that fad.
Nah, it has lost it's luster already, and that is the fate of some of the hype in altcoin market, from ICO on it's early days to know what is the current hype in every bull run. So just wait till what will be the biggest hype for the next cycle.
And maybe you can jump on the board early and make a lot of money. Maybe others try to bring it back, but then again, we haven't seen in the past history that some hype was able to resurrect itself. That's how brutal this market as we go on, for old to the next hype and then the cycle keeps repeating itself.
Bro, metaverse is already abandoned. Even a metaverse supported by Binance is also trading at a very low FDV. Also Meta who has become the pioneer of metaverse already shrinking since last years. How can you still have faith to the tech that is being so far from getting mass adoption like this?
Also the metaverse economic is just the same as crypto gaming (not sustain). Metaverse these days have no users, no demand, and only people who still try to chase some airdrops from doing daily quest on the metaverse that still exist.
Metaverse trend is already gone.
Metaverse has been in a lot of hype for a while. But so far, the hype in the market is about meme coins. People are not very excited about metaverse technology so far and metaverse technology has not been able to spread much worldwide. But metaverse is a very good technology for the future because people want to be involved in the virtual world in all aspects. So people will implement many things in the future through metaverse technology. Due to which in the future, metaverse related projects will be able to hype the market again, but at present, metaverse is not discussed much. So I don't think metaverse is going through a good time now.
Lol, no.
I do believe that there are ton of bag holders for these wannabe metaverse projects, and at some point they might want to shill their bags for exit pump to get rid of them. It's easier to convince people to shill when they are holding something themselves, then finding new buyers to some unknown new project that's going down already.
It is as nonsense hype as "virtual reality" in 90s. Meta level creates itself to meet the need of the people, it's not foundational level of anything and you can't just go like: "build it and they will come".
cold5tor4geSenior Member
Posts: 349 · Reputation: 1415
#16Sep 21, 2019, 10:04 AM
Meme craze is what get the hypes at the momy, but we can't say that we will not have few other cryptocurrency trends like metaverse and ICO that are not trending also even though if not the way their use to but at least a few of them that are doing well in the market, this is where we are but at the moment, memecoins have the stage for now, and their are making a lot of noise around it. Altcoins comes with different trends for different seasons and for that reason, we need to spot each unique project to pop up along the line.
wolf_blockFull Member
Posts: 125 · Reputation: 586
#17Sep 21, 2019, 11:56 AM
There is always at least one memecoin which is pumping hard are taking all the spotlights from the community of memecoins, regardless of the sentiment of the market, because big money and whales who take advantage of memecoins move from one memecoin to a different one, on order to fool retail investors and those who arrive late.
It is more reminiscent to gambling than investing, if you asked me. I would never recommend anyone to get into the market of memes, unless they literally feel like burning money, as if it was in a casino.
alex.shardLegendary
Posts: 1019 · Reputation: 5623
#18Sep 21, 2019, 02:07 PM
Usually, it was considered that once the meme coins pump hard, it is usually the end of the bull cycle. However, in this bull season, we have seen that memeccoin pumped earlier and these days there is not volume in meme. Yup, you will find an occasional memecoin pumping, but that is just normal, as there are whales or groups of people pumping the coins every now and then.
For metaverse coins, there is no hype currently as that narrative has been down recently but it may kick in sometimes, we never know.
SwiftPixelFull Member
Posts: 130 · Reputation: 572
#19Sep 21, 2019, 06:02 PM
They said they are an AI-powered project. I have not really gone into details to read much about what they have to offer to the crypto space. If all they are doing is just the usual metaverse thing, then the little positivity you are seeing on the chart might not last long. I can see they have already witnessed about a 30% increase since they got listed, which they might still do more of, but if they don't have anything to truly offer, then the token will naturally start dying off.
Any project that bring out the old trends are purely here to rug pull and take advantage of the inexperienced investors into loosing their money. These kind of projects do not list on major exchange anymore but try as much as possible to hide their bad behavior on unpopular Cex.
Crypto industry is all about bringing new innovations, new ideas, that solves the old problems of withdrawal speed and withdrawal fee. These are two major reasons new projects keens to emerge, to solve those problems with latest tools and technology.
So any new projects that repeats solving the old problems is developed by newbies to get hold of newbies hard earned money.
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