domains As Meta stock tumbles with Metaverse losses mounting, should domainer’s rethink their domain holdings

[equity78]

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With all the speculation and hype around the Metaverse and domain names related to Metaverse and meta, this past week had to give one pause. Meta Platforms the parent of Facebook got trounced in the market. They are losing a lot of money so far in their attempt to build their Metaverse. The stock of […]
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[Surya Giri Kurniawan]

Meta Facebook is not the leading player in Metaverse. The leading players are Decentraland, Sandbox. Land Parcels in Decentraland used to be only $20, and now the ceapest are $3000.There are leading brands including Ferrari, Adidas, Sotheby's, etc. already open store on Metaverse. So for me, Metaverse is not Meta inc. which already failed in Diem Crypto (used to be called as Libra). Meta inc. might fail in Metaverse too, who knows. But Crypto and Metaverse are the other story, not connected to Diem and Meta Platform.

 

[AEProgram]

I found that the people into the metaverse and products like it, believe in it like someone believes in a cult and would rather lose everything they have than reconsider their investments.

Most people not into it are not against it, they just want to wait a little more before investing.

To confirm it's a cult, anyone that challenges the belief in the metaverse, is immediately attacked by the cult worshippers. Some people get so intimidated by these worshippers that they either say nothing or worse, give bad investment advice to appease the few very loud, people of the meta cult. You also will find people that don't believe in it that will say, "I definitely think one day it will be very popular, however, that will take a while." They say this out of fear of the cult worshippers.

 

[MadAboutDomains]

Meta Facebook is not the leading player in Metaverse. The leading players are Decentraland, Sandbox. Land Parcels in Decentraland used to be only $20, and now the ceapest are $3000.There are leading brands including Ferrari, Adidas, Sotheby's, etc. already open store on Metaverse. So for me, Metaverse is not Meta inc. which already failed in Diem Crypto (used to be called as Libra). Meta inc. might fail in Metaverse too, who knows. But Crypto and Metaverse are the other story, not connected to Diem and Meta Platform.

Whoever those companies are they're already failing. Who's buying a "land parcel" other than 13 year olds? It's really is infantile.

 

[winst]

It could be called something other than "metaverse," so adjust accordingly.

 

[Haroon Basha]

I read a lot about the Meta shares drubbing at the stock market. It is not a joke that 700 Billion US Dollars were wiped out with the crash of 24% in Meta Price.
With all prudency warranted, I have decide to stop buying any Meta or Metaverse related domain names. And whatever names that I have in my portfolio, I will sell them at throw away price now.

 

[NYJimbo]

And whatever names that I have in my portfolio, I will sell them at throw away price now.

Pretty extreme reaction to this news. I'm letting about 30% expire and renewing the rest for at least another year.

 

[Centauri]

Stockmarket always tend to over exegarate.
This is why you can earn money there, buy when everybody runs away, vise versa.

Meta quest pro is just the beginning.

Even if VR will not be a mass phenomena, just like others said correct, the usecase for metaverses is there. And growing.

As metaverser is not necessarily something, you can explore via headset.

But by owning nfts tokens (land etc) in a decentralized ecosystem,
for gaming, events, parties, chat and meet, etc.

This won't go away anymore.

Centralized stuff (unowned stuff) days are numbered.

 

[Kingslayer]

I'm not invested in 'meta' or 'metaverse' domains anymore.

But i still believe in the 'metaverse' as a concept, i think a problem Facebook might have is them actually branding around ‘the metaverse’, calling company 'meta' and probably owning Metaverse dot com, this is like Amazon or Apple saying 'Amazon' or 'Apple' is the future (if these words mean something like 'metaverse' does) but trademarking the term, 2 problems with that are:-

1) It prevents other companies embracing 'meta' and 'the metaverse' i.e. they can't brand around it.

2) Would companies want to brand around something largely associated with Facebooks company name anyway? Some high profile companies changed their name completely as result of Facebook branding around ‘Meta’ for example MetaBank. Companies want their own identity, why should they use and promote ‘Meta’ and the ‘Metaverse’ and make ‘Meta’ (Facebook) stronger?

 

[Centauri]

If I may give all a small hint:

Just like in domaining (quite often), also in the metaverse(s) sphere counts:
What age does it have (how long is it active).

metaverses that were found at the very beginning / as some of the very first ones,
will always be respected the most .

Decentraland, Sandbox (...) will be the most acknowledged metaverses for all time.

They are all able to add VR (or whatever will come in future), but their original structure will stay as is.

So: If you hold land (ownership) for one of these metaverses, you are in the best company.

Sandbox is for sure the greatest mv by now... but DecentraLand, Axie Infinity, Metahero will also stay among the hyped ones.

just my opinion; do your own research.

[other than that, you may invest into the platforms, that make play2earn etc. possibile:
immutable X, polygon, gala games aso.]

 

[jhm]

When new ideas form, the core of that idea comes from the leader. The leader of Meta (Facebook) isn't that likable, IMO. People are drawn to a certain character. One very good reason why an Elon Musk has success, among other things, is his character. Likable, unpredictable, eccentric, fun, weird, trolly etc. An unusual blend that works. When you buy Facebook stock, or buy into the Facebook brand, you're buying into the leader too

The Metaverse and ideas for virtual reality is far from dead, but if you aren't a certain character pushing certain ideas (especially those that are abstract, innovative, new and exciting ideas), it doesn't help your case. Confidence will be lost, and your stock will tank. I'm sure there are other reasons than its leadership, but it's one reason. Light at the end of the tunnel: Good job they have the cash to buy companies

 

[phaethon]

I have only 4 solid meta domains. Will renew them for two more years and see what happens.

 

[AEProgram]

Stockmarket always tend to over exegarate.
This is why you can earn money there, buy when everybody runs away, vise versa.

People lost a lot of money using this logic in the past year holding on to FB / META. Buy when everyone runs away is not a rule for all stocks. In most cases when everyone runs from a specific stock, run as well.

Meta quest pro is just the beginning.

Even if VR will not be a mass phenomena, just like others said correct, the usecase for metaverses is there. And growing.

As metaverser is not necessarily something, you can explore via headset.

But by owning nfts tokens (land etc) in a decentralized ecosystem,
for gaming, events, parties, chat and meet, etc.

This won't go away anymore.

Centralized stuff (unowned stuff) days are numbered.

Bitcoin is as good as centralized. In fact, you need more identification to use bitcoin for most regular transactions than you need for any other payment method. When was the last time you wanted to buy something at amazon and you needed to go through a verification method asking for your passport, selfie etc?

 

[enterscope]

Why don't people just admit that VR is a fairly small niche market that has failed to gain traction every single time something innovative comes out going back at least 30-40 years.

It's fun for a few days, then it's on to something else. People want to really feel connected. Not some pseudo-reality that at the moment only offers minimal practical use.

You can video chat on Skype and Zoom so why do we need virtual reality chatrooms again?

The only thing beneficial that is going to come from VR is VR-controlled machines for manufacturing and other dangerous jobs. But at this point, it's basically an FPV radio-controlled equipment. Not a metaverse.

 

[NYJimbo]

i think a problem Facebook might have is .....

I think the problem is that Facebook is the wrong company to be the pioneer "metaverse" company.

Apple, IBM, Google, some giant tech company. But Facebook is just a social media and networking service. Nothing about them gives them the experience and resources to do something this massive.

Even Apple said they saw more of a mixed reality environment than this full blown immersed world that Facebook is talking about.

 

[bmugford]

Facebook wants to own the "metaverse". That is counterintuitive to the entire concept of it.

One company owning it is bad enough. Facebook being that company would be far worse.

I don't think they have any actual interest in the concept other than it's just another way to use data and technology to jam ads in front of your face.

Brad

 

[Digital Nomad]

Facebook wants to own the "metaverse". That is counterintuitive to the entire concept of it.

One company owning it is bad enough. Facebook being that company would be far worse.

I don't think they have any actual interest in the concept other than it's just another way to use data and technology to jam ads in front of your face.

Brad

Can you imagine having a headset which you can control with your brain/mind. This is what Meta/Facebook and others are working on. And now imagine that with injecting ads, controlling consumer behaviour etc. Weird world it would be, pretty dangerous. Not to mention hackers. But this is the future, VR AR MetaVerse is still in the beginning, taking its first baby steps. Imagine in 15-30 years. I only own one domain now "iimmerse" which I will hold on the long run, because you never know, but sold lots of VR ones in the beginning/hype.

 

[bmugford]

Can you imagine having a headset which you can control with your brain/mind. This is what Meta/Facebook and others are working on. And now imagine that with injecting ads, controlling consumer behaviour etc. Weird world it would be, pretty dangerous. Not to mention hackers. But this is the future, VR AR MetaVerse is still in the beginning, taking its first baby steps. Imagine in 15-30 years. I only own one domain now "iimmerse" which I will hold on the long run, because you never know, but sold lots of VR ones in the beginning/hype.

Yeah, I will pass on that. It sounds a dystopian nightmare out of a show like Black Mirror.

Brad

 

[Digital Nomad]

Yeah, I will pass on that. It sounds a dystopian nightmare out of a show like Black Mirror.

Brad

Reminds me of the movie Ready Player One, everyone isolated in reality, but connected in virtual reality, scary.

 

[Future Sensors]

Yeah, I will pass on that. It sounds a dystopian nightmare out of a show like Black Mirror.

Yes, scary. An unfair advantage and dichotomy can arise, due to the daredevils who go completely bionic, and the people who do not want or dare to do so.

Related:

Invasive surveillance: Are regulators ready to deal with Facebook’s ‘metaverse’?​

https://www.brisbanetimes.com.au/te...ith-facebook-s-metaverse-20211101-p594ys.html

 

[Digital Nomad]

Yes, scary. An unfair advantage and dichotomy can arise, due to the daredevils who go completely bionic, and the people who do not want or dare to do so.

Related:

Invasive surveillance: Are regulators ready to deal with Facebook’s ‘metaverse’?​

https://www.brisbanetimes.com.au/te...ith-facebook-s-metaverse-20211101-p594ys.html

Now imagine having an AI chip in your brain, but only the very rich/elite can afford, even scarier.

 

[NYJimbo]

Can you imagine having a headset which you can control with your brain/mind. This is what Meta/Facebook and others are working on.

He can't even give his avatars legs, he is way off from anything like that.

Right now its all promises and bullcrap. People are buying "land" with nothing on it and nothing around your property. Tiliaverse is selling real world locations, like buildings in NYC, but of course in the metaverse. What the hell are they going to do with them ? Think about designing a whole building and then nobody being in it or nothing around you being developed.

 

[Digital Nomad]

He can't even give his avatars legs, he is way off from anything like that.

Right now its all promises and bullcrap. People are buying "land" with nothing on it and nothing around your property. Tiliaverse is selling real world locations, like buildings in NYC, but of course in the metaverse. What the hell are they going to do with them ? Think about designing a whole building and then nobody being in it or nothing around you being developed.

Yes I also think it's absurd, but hey if they can buy my domains it's ok lol I think the same of NFTs, funny how an ape gives you status now a days, but hey no judging, it's an investment, if it makes you rich, why not? It's all about perception, just like Rolex, you don't buy TIME but you buy status. We can all know the time on our phones. Or another example, a car worth millions, why not take the bus for 3 dollars. Hey you can be smart and take advantage of these opportunities, but I would would use the money to travel or something else, but to each their own, whatever makes them "happy".

PS what about art in the real world, it's just a painting, and the painter is dead, but they sell for $100,000,000. It's an investment, whatever works to make you more money, as long as people are not harmed and that you understand how the world works and know the risks involved, you can make a nice profit too.

 

[Keith]

I’ve been saying for quite some time that the idea of the metaverse is dumb.

Anyone who invested in these types of domains will regret it. Good luck and just know it happens. Learning curve…

 

[Digital Nomad]

I’ve been saying for quite some time that the idea of the metaverse is dumb.

Anyone who invested in these types of domains will regret it. Good luck and just know it happens. Learning curve…

Lots of people made a lot of money last year, you have to know when to bail out, but while the "buzz" is hot, it's smart to invest in whatever niche, but know when to exit.

Source: NameBio.com