Intermarriage of Gaming, Cryptocurrency and Investment: Metaverse and Decentraland

[Ahmet Pasha]

I have previously made another thread about the coming Internet 3.0 and Social Media 2.0 link:

Rise of Metaverse and Internet 3.0

My Islamic side says great another fitna on this world. My dunya side says perfect investment opportunity.

defence.pk

This phenomenon of the metaverse is very interesting to keep an eye on as I have begun to see cryptocurrencies as a long term investment. With mother Bitcoin rivaling gold etc for asset store value. And major investment and hedge funds buying up stakes in Bitcoin and Ethereum.

Major brands such as Adidas, Nike etc etc are jumping on board this new phenomenon. This might not mean anything for my generation i.e millennials, gens X and maybe gen Z to an extent. But this will be very important for the generation that comes after us as all or at least a big chunk of social media interaction might move into this space. A lot of the social media influencing might move to this virtual space as well. Especially as we see more interest in investing in and developing Augmented and Virtual Reality.

Now for anyone with the investing bug this provides a number of opportunities:

You could become a metaverse landlord or real estate developer in Decentraland by buying up empty lots of virtual real estate. Then develop it into a property which you can rent out. Open a business on it. Use that space for ad revenue or let it out to someone else's marketing company.

You could design and sell artwork for these games on metaverse. For example you make a playable character modeled after Legolas which can be used in any game. Then you design and sell accessories and weapons for that character. All of this you can sell for crypto.

Or you could skip the hassle altogether and buy various NFTs(cryptos) and stocks associated with the metaverse and sell for a profit in about 10 years.

 

[Ahmet Pasha]

The quality of the Decentraland game in BBC video looks very bad. But it would be interesting to see how it has changed since then and how things might change as companies like Unity software enters this space.

 

[LeGenD]

Cryptocurrencies are volatile; values are known to fluctuate rapidly and these fluctuations are difficult to predict.

Secondly, crypto-farms have made computer systems very expensive due to excessive demand of high-performance hardware. People who are into research, education and gaming - are finding it difficult to afford a high-performance computer system in personal capacity. This BS needs to be sorted out as well.

 

[Ahmet Pasha]

Cryptocurrencies are volatile; values are known to fluctuate rapidly and these fluctuations are difficult to predict.

Secondly, crypto-farms have made computer systems very expensive due to excessive demand of high-performance hardware. People who are into research, education and gaming - are finding it difficult to afford a high-performance computer system in personal capacity. This BS needs to be sorted out as well.

Crypto is volatile but so were tech stocks ultra volatile starting out. Now many have become blue chip stocks. As time goes on the volatility will level off eventually. A lot of it also depends on adoption and whether you are a micro or macro investor.

If you look at mother Bitcoin and baby Ethereum for example there are periodic dips. But general trend is up as adoption grows.

 

[denel]

Cryptocurrencies are volatile; values are known to fluctuate rapidly and these fluctuations are difficult to predict.

Secondly, crypto-farms have made computer systems very expensive due to excessive demand of high-performance hardware. People who are into research, education and gaming - are finding it difficult to afford a high-performance computer system in personal capacity. This BS needs to be sorted out as well.

Cryptocurrencies are a massive ponzi scheme; I am shocked govts have been sleeping at the wheel on it. There is no economic tangible basis for any of these currencies. GPU markets are totally in tail spin for a few years and only now the manufacturers are waking up to this mess - it was good for their bottom line. But for those of us who need gpus for actually work cannot get a hold of it because of the blackmarket that is now hoarding up gpus. I dont know about you; here it it totally messed up - I had to resort to getting a Tesla K80 at least to keep my work going; may be will consider A5000 at a later point.

 

[jupiter2007]

Any good course on Option Trading?

 

[HttpError]

Crypto is volatile but so were tech stocks ultra volatile starting out. Now many have become blue chip stocks. As time goes on the volatility will level off eventually. A lot of it also depends on adoption and whether you are a micro or macro investor.

If you look at mother Bitcoin and baby Ethereum for example there are periodic dips. But the general trend is up as adoption grows.

You can't teach an old dog new tricks, change is inevitable. Eventually, Cryptos will replace the current FIAT in one way or another. Yes, it is volatile but over time volatility is decreasing and with new institutions and regulations it will become less volatile.

I am personally using Solana and its ecosystem and trust me the experience and UI are so simple and intuitive. Ethereum will hit $10,000 very soon.

 

[Ahmet Pasha]

Any good course on Option Trading?

No one

YouTube influencers
Buy my course only for $600 lmao .

Do your research start with basic terminology I guess. I am learning too.

Any good course on Option Trading?

No one

YouTube influencers
Buy my course only for $600 lmao .

Do your research start with basic terminology I guess. I am learning too.

 

[jupiter2007]

No one

YouTube influencers
Buy my course only for $600 lmao .

Do your research start with basic terminology I guess. I am learning too.

No one

YouTube influencers
Buy my course only for $600 lmao .

Do your research start with basic terminology I guess. I am learning too.

I have downloaded Tim Sykes old courses.

 

[jupiter2007]

No one

YouTube influencers
Buy my course only for $600 lmao .

Do your research start with basic terminology I guess. I am learning too.

No one

YouTube influencers
Buy my course only for $600 lmao .

Do your research start with basic terminology I guess. I am learning too.

share your knowledge on stock, options and coins.

 

[Chhatrapati]

Cryptocurrencies are volatile; values are known to fluctuate rapidly and these fluctuations are difficult to predict.

Cryptos may or may not go down. But the block chain technology is there to stay and dont expect the price to come down all of a sudden. That's something tech world have to deal with. But ASICs can help take the heat off Graphics

 

[LeGenD]

Cryptos may or may not go down. But the block chain technology is there to stay and dont expect the price to come down all of a sudden. That's something tech world have to deal with. But ASICs can help take the heat off Graphics

I am all for embracing blockchain technology for productive uses but crypto-mining is an unregulated experiment which have impacted computer markets worldwide, and can also be a huge drain on National Electric Grids (this happened in Kazakhstan). Crypto-mining have generated sufficient interest to spike ransomware attacks as well.

This is why basement experiments should not be allowed to proliferate without regulatory frameworks and industrial checks and balances. Constructive use of technology is increasingly important.