All metaverse projects failed because you can't fool the crypto community on what a good product is

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It's weird how the hype on the metaverse has suddenly died down, I mean, I expected it to be a while longer but I guess people move on quickly, especially when there is a new product to shift the focus.

There's a general lack of interest in the metaverse and this can be widely seen with the failure of Meta to attract a meaningful audience as it designed and released its shitty metaverse where Mark Zuckerberg looked like a JimJam cartoon character, so poorly designed and hurting to the eyes.

If we give it a closer look, there's also this lack of consensus on what the metaverse is or at least, what it should be. We've seen many theories roll out and majority of what is being expressed widely indicates that the digital realm is not in consensus on what this technology should look like.

As an example, I've always seen the metaverse as a 2 world, where things will happen quite normally and random like in the real world so the difference is that one cannot touch or feel, however, this technology could be leveraged by businesses to reach wider audiences in a much more delightful experience scenario than via texts messages, social posts, emails or video content. The metaverse is essentially about reach, but of course, an uncensorable reach would be cool because what fun is a centralised metaverse that could easily screw you and your business?

Blockchain games are not the metaverse

This is something that has always been disturbing. The fact that numerous Blockchain/Crypto games have so many times claimed to be building the metaverse, it is weird to look at given the fact that this supposed virtual structures are simply built to remain within the game engine and effectively laced up to benefit the game economy it resides, not to even mention that there's nothing special about them that we haven't already seen in widely played video games, if we're being totally honest with ourselves, these multiplayer video games are currently a 1000x better virtual worlds with maxed out "value experience" structures.

This is not to say that people didn't know all this, the community knew, fact it, majority have just been waiting to see what these developments will bring about while at the same time investors were widely skeptical about it. Sure, big tech companies have been widely interested but why do you think that is?

Well, it's pretty simple: data mining.

As I explained in one of my recent posts, centralized companies depend on "user data" to scale their business. Google's success has user data to thank for, so a technology such as the metaverse just gives room for big tech to accumulate more user data to generate business leads, its like building the next fuckin internet where people are dummified and treated as puppets given that data is leverage and these companies will have so much and control is now ultimate.

The metaverse as we know can turn out to be very disastrous from a user standpoint, for a business standpoint it will obviously be a big meat. AI may be having the stage currently but all of this only needs to happen so that concepts like web3 and the metaverse can materialise. AI is essentially a tool for enhancing the metaverse experience but until then, crypto projects and centralized fiat-based businesses can keep shilling their shitty meta-shit projects, heck not a lot of people are fooled by it, at least not anymore.



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5 comments
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I honestly believe it was just a trend that people wanted to connect with people again. At the time everyone was locked up in their house and starving for entertainment and connected and the metaverse promised all of that. Except it never delivered on it... not by a long shot and it looks like it wont any time soon. To be fair the metaverse tech wise we just aren't there yet. More processing power and infrasturucre would have to be in place to really support it and even then I'm not sure people would care for it anymore.

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Totally agree. I do believe the strategy was nice but they set up an expectation and didn't meet it and that just killed the whole vibe

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Oh people will definitely care because it would be a new front for the digital economy so businesses will leverage it for expansion. The infrastructure for what the metaverse should look like is simply not here, yet.

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I believe it will become a reality but maybe we are not there yet in terms of adoption. Not everyone wants to immerse himself in a metaverse.

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The problem currently isn't adoption, nothing metaverse related is worth using currently.

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