A deep dive into a few metaverse projects, 2 years after the hype. Is the concept still alive? Is it a viable business model for Web3, going forward? What has changed since? Metaverse-esque platforms like Roblox (which sports 200 MILLION users per month) has proven that there is demand for such a product. What do platforms like theirs have that Web3 is missing right now?
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Bear markets are often when long-term traders make their big moves - assets that seem to stabilize or even do well (MANA, MKR in the last few days) often show that a project has dedicated supporters and some legs to stand on during the "tough times". It's easy to make money during bull runs, but it's the projects that survive during bear markets that often lead to...
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
The market is down right now but these are also good times to take a look at what might be the "next big thing". Had you got into the metaverse a year ago, you will most likely be up right now. Otherwise, you're probably in the red. (Yes, even Bitcoin and Ethereum.) The metaverse is this year's clear winner in terms of performance, and it's not too surprising...
The metaverse (Decentraland especially) has a lot of hype behind it but the utility aspects of it is still underbuilt in its current form. Will it eventually get there? A look at a few things being worked on in the background during this bear market.
Rising interest rates by the Federal Reserve has people concerned of a potential slow-down in the housing market (worse-case scenario, a recession, or even a depression). How would this affect crypto - and metaverse assets in particular? A closer and updated look at what's been going on in virtual vs. real-estate, especially in China (still down by 60%+).
Decentraland recently released its beta version of the desktop client - how does it look in its current state? From egamers.io: "Players will now experience performance enhancement upgrades with cleaner graphics, faster processing speeds, and improved stability by adding the client’s option. The client is only available for Windows in beta, with the developers...
Tz1and, a metaverse project based on the Tezos ecosystem (XTZ) has been slowly gaining some traction lately. Is it an early stage project worth investing in? A look at how it stacks up against the other major metaverse platforms out there. Project - World Explorer? / Decentralized? / Selling Points tz1and - Yes / Yes / Support of artist communities and indie...
The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style...
A quick look at the new Onyx Lounge by JP Morgan in Decentraland (MANA) and where the existing economic activities in the metaverse are. (It might not be what you think.)
Decentraland (MANA) has recently added royalties payments to their wearables market -- it might seem like a small thing right now, but testing out economies in "for fun", low-risk products like avatars pave the way towards more serious applications like NFTs, copyright, and asset markets later on. Right now, the crypto community is still unlearning the bad habits...
The recent downturn in the crypto market has people feeling down, but here's why bear markets are actually the best times to DYOR. Projects (especially smaller ones) that "bounce back" during downturns (even if it doesn't immediately get back to its ATH) is usually an indicator of resilience and project viability. It's easy to get caught up in the FOMO and the...
A quick and dirty overview of some of the major metaverse contenders out there, with a look at Decentraland, Cryptovoxels, The Sandbox Game, Somnium Space, Upland, Meta, Roblox. Check out ryangtanaka.eth or play.decentraland.org for my in-progress plot. Livestreams and ideas/videos upload to come soon.
Are we in a bubble? Probably. But which is really in a bubble right now? Crypto/NFTs/Metaverse assets, or the housing market in the "real" world? What is "real", anyway? And is the listing prices you see in real-estate really accurate right now? A closer look at the real vs virtual-world asset races.
At the end of every year, I usually write a predictions article for macro-level trends I expect to happen over the next year. 22' is the wildest one so far, even for me. The three pillars: economics (#crypto) - politics (#inflation) - culture (#NFTs) Original article: mirror.xyz
A little while ago I argued that virtual estate and real estate were inversely correlated -- as seen in the Evergrande example in China where Evergrande stock and MANA coin criss-crossed each other in terms of its ROI. It's yet to be seen how this will play out in the US real estate market but it seems likely that we'll start to see similar patterns emerge as time...
Play-to-earn games have been gaining a lot of traction lately, but how it does fit into the "metaverse" and its upcoming growth trajectories? An underlying trend worth looking at, imo.