I’m really tired of this space being taken over by MLM scams

I can’t say I was a big fan when the crypto and NFT stuff came to the virtual world space. I’m not skeptical on all of it but the vast majority of these projects are marketed as MLM marketing schemes which try to get people who are uninformed about the metaverse suckered in to buy “virtual land” at a high price at which they must sell it to others.

This is the exact same strategy those “start at home” businesses use. You have to pay like $4000 for some worthless books or some sub-par product and now you were stuck with a product that you have to sell to your friends.

They deceive people by calling doubters propagators of fear. They over-highlight the big successes without giving people real statistics on what’s going. What’s often going on is that the vast majority of people are losing money.

When it comes to the metaverse we are seeing the exact same strategy. Mark Zuckerberg changing the name of his company has become “proof” that this is a big deal.

However, what most people don’t know is that he is betting on the long-term future of augmented and virtual reality and not on the same old virtual world stuff we’ve had for the last 18 years.

If this “land” had real value or was tied to real (like foot traffic) other than false scarcity than it would have value. however, marketers have known for centuries that if you make something scarce people want it.

Can’t you see it they’re suckering you?!

One of the great tragedies of human life has been that landowners for generations have oppressed those who didn’t have the wealth to obtain land. When you duplicate this problem artificially in the virtual world without having real value tied to these spaces or a real reason for the scarcity, you end up in a situation where you’re going to have very few people willing to pay to use land in some virtual world.

Just as any individual webpage does not represent the Internet, no individual virtual world represents the metaverse. It is very unlikely that any of these present worlds will have so many people that land will be scarce. If there is going to be one dominant space it’s very unlikely to be any of the ones we have right now because we are much too early and augmented and virtual reality are going to play a big part in shaping the space.

When buying land you are betting that the virtual world that you’re working with will not be beaten by a better product. Most of these worlds don’t even support virtual reality much less augmented reality. You are much too early and you are the sucker.

I’m saying this because I care. Please, please listen.

I remember playing in virtual worlds with tons of other people when I was a kid on Xbox live. It’s nothing new and if those decades have proven anything it’s that people are not switching to virtual worlds unless the usability is a lot higher.

Right now Blockchain and crypto don’t solve those usability problems but augmented reality might.

You can tell the difference between the scams and the real deal by imagining if there is a large scale proposition for an end-user. Most of these virtual worlds just have investors selling stuff to other investors and very few actual joyful gamers or actual users.

Do your own research and keep your money in your pocket in the meantime and be aware that we are not voting for all these NFT projects on the sub but it’s actually paid votes.

If you’re tired of this rolling scam and want to save the idea and the purity of virtual worlds let’s take action to down vote the projects that we all have come to see claiming that they are the Metaverse… the next big thing… and if you buy now you can sell for millions later.

If you want to get informed on the real subject of virtual worlds check out this link.