Step 1: Launch a token and collect

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zihadhosenjm40
Posts: 517
Joined: Sat Dec 21, 2024 3:30 am

Step 1: Launch a token and collect

Post by zihadhosenjm40 »

This is a well known technique for generating buzz about NFT projects, so there’s no reason it wouldn’t work in the metaverse space as well.

The truth is that metaverse worlds are not limited by anything other than a iraq whatsapp number data who says how much land there is. These are games, owned by companies, with investors and board members, who make the rules as they see fit. If, in some crazy scenario, a metaverse game really blew up and became popular, it’s pretty likely that they’d just make more land.

This is the digital world. Not the real world.

Unlike Bitcoin, which has a hard cap limit of 21 million coins enforced by 10,000+ bitcoin nodes located around the world, metaverse games have no such limitation, even if they are built on the blockchain. If you aren’t running a node for your metaverse game and enforcing the limitation rules yourself, that means someone else is. Most likely a company. Most likely with a large insider stake. Most likely someone who would benefit from adding resources to the game, even at the expense of the value of your land.

To make money from real estate in the metaverse, you not only have to guess the right game, on the right blockchain, and buy land at the right time, you also have to trust that the game devs, blockchain stakeholders, and company insiders all “vote” in your favor.
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