What is fascinating about that there is just absolutely nothing good there. It isn't a case of a decaying thing, or a thing that contained a scam. The entire thing is nothing, rotten, worse than any videogame. It's really quite amazing.

It would be not notable at all except, there is a huge amount of money being passed around in it in order to achieve basically nothing.

The dreams about the metaverse discussed at the beginning are also just wild and bizarre. It seems to me that a lot of tech people and investor types are just bored and letting their imaginations run wild. AI taking over the world, living fully inside the metaverse, every object in the world being inside the metaverse to the point where the metaverse is considered more accurate than reality etc. They may as well be talking about time travel or faster than light travel. In reality we have...a worse version of second life

It's a shame that decentraland got millions to create a cold empty place , while open source 3d worlds like opensimulator which have a few thousand enthusiastic users, even willing to pay for their digital lives, remain completely unfunded and abandoned

I watched this yesterday. For anyone wondering:

It is long but worth a watch. You don't need to stare at the screen the entire time - if you can hear it and look up occasionally, it's fine.

Also watched it yesterday and I really can just summarise the video like this:

Massive crypto scam by people who are now bound to overhype the whole thing. Regular folks fall for it because they buy into the vision and have to believe otherwise everything falls apart. Companies fall for it because FOMO. Incredibly cultish.

The video is good but I don’t think it is worth the watch unless you have morbid curiosity about that particular project, or you want some crypto related cathartic release. I don’t feel better knowing the gory details of how terrible everyone and everything is in this circle.

I agree with you. His 'Line Goes Up' and 'In Search of a Flat Earth' video essays have a lot more meat on the bone than this one.

> It is long but worth a watch

Hadn't clicked the link yet but just reading that made me think "Oh I bet it's Folding Ideas!"

Wasn't disappointed. Thanks OP for the link.

If you're like me, it's probably because of the "Line Goes Up – The Problem With NFTs"[1] video he did. I think it might be the only long YouTube video I watched more than once.

[1]: https://www.youtube.com/watch?v=YQ_xWvX1n9g

That's very relevant: some people here are discussing the viability of VR and/or online games - these already exist, and are not commonly thought of as the meta verse. You don't need the meta verse to create a game!

The metaverse is businesses pushing for a platform which brings nothing of value, just for them to extract rent from those using it.