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Metaverse Winter is So Cold

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You are right if you think Metaverse is a blockchain technology equipped with Virtual Reality!

Despite all hype about the Metaverse, there is no solid definition of what the Metaverse is. 

Why do you put yourself into the virtual world while you can perform everything in the physical world? Doesn’t the effort redundant?

Play to earn?!

I do not think people will become game enslaved only to earn tokens that will likely be useless in the future.

Virtual real estate?!

There is no uniqueness in the location in digital space, which artificially increases the value of the virtual land.

Maybe we are too far ahead of ourselves about the technology that can bring real utility to society.

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Photo by Jezael Melgoza on Unsplash

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Crypto News

Cryptomarket Valuation and Opinion 01-25-22

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cryptocurrency news

You can view my 1 min video summary if you want to skip the reading:

NFT market highlights:

The NFT market is up. Web2 companies are quietly joining the NFT force.

Today’s sentimental news and comments:

Bullish News ?

The IMF urges El Salvador to ditch Bitcoin. The IMF is afraid its future is looming.

Bearish News ?

Kazakhstan powers down again and leaves Bitcoin miners in the dark.

DAO News ☯️

Syndicate, a DAO services startup, founded Web3 Investment Clubs to launch their own DAOs.

Future Trend ?

The quantum-resistant messaging app is out. That means crypto can be unstoppable in the future!

Talents are drawing into the crypto industry and left Web2 in the dust.

Scam Alert ⚠️

Scam: GrimaceCoin 

Reason scam: scammers on Twitter and scam people away

Scam types: scam token, rug pull potential


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Crypto News

Cryptomarket Valuation and Opinion 01-24-22

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cryptocurrency news

You can view my 1 min video summary if you want to skip the reading:

NFT market highlights:

The NFT market and the crypto market have been struggling with the direction. The future is very uncertain right now.

Today’s sentimental news and comments:

Bullish News ?

Biden administration planning executive order on Crypto. I think it is an opportunity for the crypto industry to educate the government about how they may shape the future economy.

Bearish News ?

Russia’s central bank bans on crypto mining and trading even their citizens oppose it. Another country to join China to ban crypto completely.

DAO News ☯️

MetaOasis DAO has its office in Sandbox. The virtual headquarter will be a trend.

Future Trend ?

Ethereum changes Ethereum 2.0 roadmap and rebrand to executive layer for ETH 1.0 and consensus layer for ETH 2.0. However, it doesn’t help to continue pushing the release date of Ethereum further.

South Korea completes its CBDC first phase testing as its central bank continues moving toward digital currency integration.

Scam Alert ⚠️

Scam: OpenSea front-end bug 

Reason scam: hackers exploited the undervalued NFTs and flip Bored Apes with very low prices.

Scam types: market flipping through front-end bug


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Crypto News

Cryptomarket Valuation and Opinion 01-23-22

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cryptocurrency news

You can view my 1 min video summary if you want to skip the reading:

NFT market highlights:

The NFT market has been slow. The market seems to have recovered a bit. Next week will be very interesting to see how it will go.

Today’s sentimental news and comments:

Bullish News ?

MicroStrategy’s opinion about the current market down is just a correction and consolidating phases. It creates an opportunity for investors to enter at this point. I think this is usually the case for crypto investment in general.

Bearish News ?

Technology will run off the track when they over-promise their capability. Solana’s network outages show its lack of blockchain technology and users may lose their confidence in the long term.

DAO News ☯️

Floki Inu completes phase 1 of its DAO upgrades. Adoption from meme tokens is a way to survive in the long term.

Future Trend ?

Russia wants to ban protocol through their proposal but many people want to against the idea. Banning crypto protocol may close one door to access the future. It is a much large cost for people to lose.

Facebook wants to track your emotions through the Metaverse and they will patent that technology. Again, Facebook is trying to trick you. Possibly they are building an emotional database that is attached with emoji as well.

Scam Alert ⚠️

Scam: Solanium 

Reason scam: scam token that cannot cash out

Scam types: scam token, rug pull potential


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