I watched a video on the "decentraland" thing that randomly popped up in my feed on youtube. It really is pretty much just an even griftier second life. I mean all this stuff, even selling virtual land, has been a thing in second life for years now.
I can't imagine they have anywhere near the userbase tho so i can't see this as much more than a weird bubble bc of how much advertizing/publicity for the metaverse shit FB has been doing lately. What's the point of paying through the nose for a digital house if theres no digital proles to shove their noses in it.
I guess they expect decentraland might get popular soon, but unless capital picks one of these and makes it mandatory I can't see how they'll shoehorn in the artificial scarcity to actually make this viable. FB is the only company with the capital and influence to do that. As long as I can just go vibe in a coastal town in VRchat or whatever why would i give a shit how much some dingus is paying for a replica of some house in malibu. Unless of course, this just becomes another money laundering/gambling thing like with all the other recent big tech inventions.
What’s the point of paying through the nose for a digital house if theres no digital proles to shove their noses in it.
This exact scam has been run several times, in the form of digital land, crypto coins, NFTs, art, collectables, weird financial instruments, etc.
I've even seen posts here mocking various incarnations of this scam.
You get a bunch of friends/sock puppets and a worthless asset.
They all sell and auction the asset back and forth to give the appearance of a strong market and increasing market value. Even better if you can get uncritical journalists to write about it.
Then some rube comes along and buys the asset from someone in on the scam.
If he ever goes to sell, he'll find it impossible to sell to any of the accounts in on the scam as they only buy from eachother.
I get what you mean, but they're savvy enough not to write about drama within an MLM scam, I've never seen articles like "Here's 10 ways people are finding the best Nigerian Prince".
I watched a video on the "decentraland" thing that randomly popped up in my feed on youtube. It really is pretty much just an even griftier second life. I mean all this stuff, even selling virtual land, has been a thing in second life for years now.
I can't imagine they have anywhere near the userbase tho so i can't see this as much more than a weird bubble bc of how much advertizing/publicity for the metaverse shit FB has been doing lately. What's the point of paying through the nose for a digital house if theres no digital proles to shove their noses in it.
I guess they expect decentraland might get popular soon, but unless capital picks one of these and makes it mandatory I can't see how they'll shoehorn in the artificial scarcity to actually make this viable. FB is the only company with the capital and influence to do that. As long as I can just go vibe in a coastal town in VRchat or whatever why would i give a shit how much some dingus is paying for a replica of some house in malibu. Unless of course, this just becomes another money laundering/gambling thing like with all the other recent big tech inventions.
This exact scam has been run several times, in the form of digital land, crypto coins, NFTs, art, collectables, weird financial instruments, etc.
I've even seen posts here mocking various incarnations of this scam.
You get a bunch of friends/sock puppets and a worthless asset.
They all sell and auction the asset back and forth to give the appearance of a strong market and increasing market value. Even better if you can get uncritical journalists to write about it.
Then some rube comes along and buys the asset from someone in on the scam. If he ever goes to sell, he'll find it impossible to sell to any of the accounts in on the scam as they only buy from eachother.
Oh god where might we find a nearly infinite supply of those? :deeper-sadness:
I get what you mean, but they're savvy enough not to write about drama within an MLM scam, I've never seen articles like "Here's 10 ways people are finding the best Nigerian Prince".