The metaverse was never alive in the first place
fastcompany.com
The metaverse was never alive in the first place
1–10 of 186 posts
Re: The metaverse was never alive in the first place
#2"The Journal also found that Decentraland and The Sandbox, two well-known metaverse platforms emphasizing digital currencies, reportedly had fewer than 1,000 daily active users by late 2022."
Re: The metaverse was never alive in the first place
#3The writer missed a great opportunity with the closing sentence:
> Now that the market noise has died down, maybe the metaverse can get a real chance at life.
That should have been “maybe the metaverse will get a second life.”
Re: The metaverse was never alive in the first place
#4If I can plug myself in and be in the “matrix” - sure. But I just don’t see how someone expects people live in a virtual world with present day technology. I mean, I used to play MMORPGs for 16 hrs/day, but that’s for a very small minority.
Re: The metaverse was never alive in the first place
#5I’m old enough to think of the metaverse as like the one in Wild Palms[1], and so I don’t think we’ve seen it yet. I also really dont see Facebook/Meta being the company to crack it, I think it’s much more likely to be some kind of games company. Not a firm that sells ads.
Re: The metaverse was never alive in the first place
#6In my mind, the ambiguity of what "the metaverse" actually means allowed a bunch of people to sell it as panacea in different realms. When the smoke cleared and you were left with MMOs, video chat, and vr setups people don't buy or use, a lot of those castles start to fall over.
However, stuff like Fortnite or Roblox, which seemingly fulfill many of the Metaverse promises, continue to be reasonably successful. But they don't try to market themselves as "the metaverse," and while their have been brand tie ins, the product is marketed to players, not businesses.
Re: The metaverse was never alive in the first place
#7The writer missed a great opportunity with the closing sentence: > Now that the market noise has died down, maybe the metaverse can get a real chance at life. That should have been “maybe the metaverse will get a second life.”
In spite of, not because of, FUD like the article.
Re: The metaverse was never alive in the first place
#8I tried Decentraland and it was buggy (graphically), the games were awful & normally required substantial investment to join (for example an NFT to join Poker games), and everything was dead.
Re: The metaverse was never alive in the first place
#9If you look at Facebook's original success then it was all down to being in the right place and the right time with the right product. It was one of those billion to one scenarios that Zuck and those other two brothers arrived at through pure luck. People were giving away data online which other companies lusted after. Now how do you repeat that? Well you don't but other lucky startups can be bought which Facebook has a history of doing. Buy anything which might have social aspects to it and the dartboard eventually gets the bullseye hit.
Now if you want to invest in your own product and make it a success then Facebook has no experience of doing that. It's why Metaverse is doomed to fail. Add in that users are leery of Facebook's motives and their perversions for spying on your every waking moment. Hopefully they will implode and die.
Re: The metaverse was never alive in the first place
#10In my mind, the ambiguity of what "the metaverse" actually means allowed a bunch of people to sell it as panacea in different realms. When the smoke cleared and you were left with MMOs, video chat, and vr setups people don't buy or use, a lot of those castles start to fall over. However, stuff like Fortnite or Roblox, which seemingly fulfill many of the Metaverse promises, continue to be reasonably successful. But th…
The post also fails to mention Axie Infinity.
I don't think MMOs belong to the blockchain enthusiasts, but they don't belong to the blockchain naysayers either. Anyone can use them to support their argument. I think MMOs can be used as examples of what blockchain powered Metaverse tech could achieve, if they figured it out. And Axie is an example of something that already has taken off, though in a very flawed way.