NFTs and the Metaverse: The internet enters a new phase

60 Minutes+ correspondent Laurie Segall reports on the big money being spent in a world somewhere between digital and reality. See the story, streaming now only on Paramount+.
"60 Minutes" is the most successful television broadcast in history. Offering hard-hitting investigative reports, interviews, feature segments and profiles of people in the news, the broadcast began in 1968 and is still a hit, over 50 seasons later, regularly making Nielsen's Top 10.
Subscribe to the “60 Minutes” KZbin channel: bit.ly/1S7CLRu
Watch full episodes: cbsn.ws/1Qkjo1F
Get more “60 Minutes” from “60 Minutes: Overtime”: cbsn.ws/1KG3sdr
Follow “60 Minutes” on Instagram: bit.ly/23Xv8Ry
Like “60 Minutes” on Facebook: on. 1Xb1Dao
Follow “60 Minutes” on Twitter: bit.ly/1KxUsqX
Subscribe to our newsletter: cbsn.ws/1RqHw7T
Download the CBS News app: cbsn.ws/1Xb1WC8
Try Paramount+ free: bit.ly/2OiW1kZ
For video licensing inquiries, contact: [e-mail]

[@spenceringram1926]

I can't tell you how excited I am for this. While the rest of the world is in the metaverse, I can go physically visit Yellowstone National Park and not be gridlocked with traffic since everyone else will be in the metaverse LOL

[@Jackximura]

YES!! This comment right here is truth!

[@1122redbird]

You are absolutely spot-on correct. I'm so excited! This "metaverse" will draw in masses and free up reality for what's left of sane people.

[@afrosheent3arcmichael69]

Lol

[@Peppersfirst]

Yeah I'm not going in there. It's a trap. Trust me.

[@datcake9615]

@@Peppersfirst why do I want this, and don’t want this?

[@klebercoutinho7349]

Mrs sonia is legit and her method works like magic I keep on earning every single week with her new strategy.

[@laynie1717]

Wow I' m just shock someone mentioned expert Mrs Sonia I thought I'm the only one trading with her

[@laynie1717]

She helped me recover what I lost trying to trade my self

[@valeria2295]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Sonia

[@valeria2295]

I think that she is the best broker I ever seen

[@ramsondave6915]

Thanks for introducing me to Mrs Sonia

[@edendvatri]

It’s the matrix, call it what it is, a world where you can get lost in to the point of forgetting a real world exists outside of the oculus, the matrix

[@1RocGeo]

Lol right

[@ObsidianContraption]

I've actually said this to younger people who play games like this. You're gonna end up being in the matrix. They respond by saying things like "that's cool" or "I can't wait!". Scary times, they're gonna be inside before they realize there's an outside

[@williestacket1834]

You will own nothing, and be happy

[@mysimplepod1351]

Laugh out loud! Tech companies are just branding online traffic.

[@thefoss721]

Wasn’t leaving the matrix the whole pint of the movie? Lol , common humans don’t go there you don’t wanna know what’s gonna happen to all of us

[@joshc7218]

I can already tell it’s within their financial interest knowing how much social media is mind control. This will cause more depression and anxiety.

[@Kittycat90000]

You are 100% right.

[@reginafisher9919]

Get off of all social media

[@Blue-Apple-fc9eo]

Then don’t go to social media…

[@captainpicard6566]

The metaverse is not social media. It is the metaphysical embodiment of the internet.

[@ARenewedmind]

@@captainpicard6566 In other words, it is the 3 dimensional level like the gaming world. Now NFTs are created, digital real estate, crypto currency and voila! Live in a make belief world were you can escape reality and lose your human physical identity.... If that is not destructive to the self consciousness of being, then I don't know what is. Evil, evil, evil...

[@kkhalifah1019]

I just can't wrap my head around this - the only thing that's real in metaverse is the money people throw into it.

[@michaelshannon6134]

You think money is real? Thats cute. What is real vs unreal? And why does it matter?

[@praline4157]

It’s like a whole new spin on I’ve got a bridge to sell you.

[@Kenthetic]

@@michaelshannon6134 real is healthy Unreal isn't, listen you can spend the rest of your life in a vr headset and everytime you take it off you realize your real life lonley but I'll stick to enjoying real life events

[@214TwoOneFo]

I don’t like it but I get it... think GTA Online. How people invest real money into their character and shark cards for literally no physical return. Same for any P2P game or P2W like CoD. I knew many people in school 10 years ago who specifically collected hats on the Xbox 360 Avatar and in Team Fortress 2

[@slixlix7303]

@@michaelshannon6134 Real is tangible.

[@jonathanjovonovich4348]

At some point in the early twenty-first century all of mankind was united in celebration. We marveled at our own magnificence as we gave birth to AI. - Morpheus

[@Peppersfirst]

It's here.

[@gamej7946]

The Matrix has you.

[@HustlesInc]

I was so confused at when I first started, but when I joined the Bangsta Bears, they helped me a ton. Glad to be a OG there, have learned more from them on Stocks, Crypto and NFTs, then I have from these youtube "experts".

[@billybob5337]

Long story short. They want us all in the Matrix.

[@digitalbread4574]

they AKA US. why do we watch movies, play games and read books? because we watch to escape the every day mundane routines of the quote on quote real world.

[@omarbarrios3420]

Just look at "metahero trailer" they about to take over..its going worldwide starting in Dubai on October 17

[@VICTOYA]

@@omarbarrios3420 it's October 23rd. you're wrong

[@omarbarrios3420]

@@VICTOYA yup check what happen in Dubai ;) look who went to see this new 3d scanner at the Dubai show..the prince of Dubai scanned himself and now the royal family and some billionaires are interested 👌 they want to put that scanner in the future museum in Dubai 🙃🔥🔥🔥 its all on their Twitter 🔥🔥🔥

[@VICTOYA]

@@omarbarrios3420 I saw the trailer. this shyt is becoming creepier by the day! where can I find it on Twitter?

[@Divertor]

We made the real world so polluted and distopian that now we are looking for a fictional world where everything is good again.

[@nedstudios6490]

correct

[@goprojoe7449]

The real world is a prison. The virtual world is freedom. There is no alternate timeline in which this would not be the case.

[@specturr]

@@goprojoe7449 Sure this fake virtual world seems like it would be free but it wont be. Once they have gotten enough people to play & pay it will go dystopian with censorship and draconian rules just like Facebook remember who it's being created by. I can see it now. Talk about this ban... criticize that ban now you've lost your E- monopoly fortune.

[@goprojoe7449]

@@specturr We will choose decentralization.... Facebook is not the internet... it's just one website. Look at the big picture. It will reflect the real world but with more freedom because we already ran Version 1.0 and saw the traps.

[@ImxPhreme]

Ok boomer

[@mlester3001]

So glad I missed all this having been born back in the days of the real world.

[@rock3tcatU233]

ok boomer...

[@pictureswithstories4362]

@@rock3tcatU233 ok kiddo

[@Zero-yv5vy]

@@rock3tcatU233 exactly all these people cant comprehend this is the future lol

[@SpaceHopper777]

And it’s only gonna get weirder like a Something Weird video cassette on lsd mashed with Hitler on repeat haha

[@DanG6311]

Ah yes, back in the days where instead of browsing the internet you could spend all day watching cable television and playing NES. Real world, sure…

[@NS-lx4hx]

She said : " Earth is finite, there is only so much of the physical world." Finite = limited..what she wont mention is.. that we are finite.. meaning we are limited. In the fact we don't live forever, and these people will waste their entire lives in a virtual world creating a false reality.. and never actually get out into the real world and experience this life,face it and address the issues. There is real things going on in real life. Real skills needed.Things that are out there that you need to go set your eyes on.

[@markdurham5348]

shhhh. how are the "elites" going to take over everything, if we are not in matrix, slippin' on that soylent green?

[@wildeyes5]

my life, my choice and me personally..well I'd take a virtual world of infinite possibilities over my shity reality any day. no one "needs" to do anything other than survive ie: eat sleep and drink water. the rest of it is all inside the MIND .

[@dnw009]

@@wildeyes5 A too individualistic approach since if everyone adopts it then society collapses and you will not be able to do those 3 things to sustain yourself because many people are out working to keep the lights on and everything running. As to what N S said the metaverse and nft hype will go away. This won't be the start of people living their entire lives in a virtual world. All their talking about is an opt in environment where the currency is likely crypto with NFT's functioning as keys or unique objects to grant someone access to something or a service in the digital environment. Said digital environment is basicly a VR chat lounge. Any tacked on games will be entirely possible outside of it and the only real reasons companies are jumping on it is because they can make money by people spending to get in and spending to get out. Think of spending money to buy the NFT, access to the metaverse etc. And to sell those they would of course also make a percentage of the profits.

[@frankedusolutions8535]

I feel so lucky because I don't have to go through all this stress to trade well.

[@johnsonbenjamin9639]

Wow. I admire you I have always wanted to start but too nervous to.

[@johnsonbenjamin9639]

I am becoming scared of going into this I don't know where to start.

[@frankedusolutions8535]

Exactly my view. I think we should rely on people who are professionals in trade and learn from them. That's what I have done

[@johnsonbenjamin9639]

I have heard about these professionals but I do not know anyone. A recommendation might help.

[@frankedusolutions8535]

I am not a professional but I can recommend what who helps me.

[@yamapinokanojo]

Having that lady who owns the Metaverse company as my mom would probably be the worst life experience.

[@Mtech7752]

It looks just like those early video of internet: nobody understands what they are talking about. Everything is ugly, buggy. But we know this will be huge. Rendez-vous in 10 years.

[@deepthought1987]

I want to find out how to capitalize on this. After getting into crypto, this is a natural step forward.

[@eyesweyedopen4599]

You should nft this comment ;)

[@defte1989]

🍔

[@jaquanbrown5324]

see u in 10

[@jaquanbrown5324]

@@deepthought1987 i want to learn how to invest in meta and the meta verse badly

[@adafelatenciorincon3522]

The danger I see in the metaverse is that kids, from a very early age, are being fed the wrong images of the physical world when they play games on the computer. As for the NFT‘s, I found it to be all right to create an icon of whatever thing or person, put a price tag on it and aspire for someone to buy it. But please, NO! images of human beings whose lower part of the body is missing and also of those who can jump from one skyscraper to the next, will not bring about the right representation of reality in the minds of young boys and girls. There exists, definitely, the possibility that these young minds who are fed the wrong image of the world end up becoming delusional a.k.a. psychotic, namely adults who live on this planet but whose world is a fictitious world that they have deeply entrenched in their minds, the product of their early indoctrination via games.

[@OrdinaryRiches]

NFT’s are the most genius way for rich people to launder their money, gotta give it to them

[@cryptoniteblack7563]

Laundering is a term often used but seldomly understood.

[@bounchofbeaners6627]

yes and us small feies can take it from them also because we can trade in nfts also.

[@edba1.037]

How?

[@treytilley333]

@@bounchofbeaners6627 I hear radio silence lol people just want to hate on rich people in general bc capitalism is so evil 😅

[@yoyu8641]

@@edba1.037 make some nft then "sell" it to your other account using some illegally made money

[@razerone49]

We’re literally living in a Brave New World and 1984 at the same time. Huxley and Orwell predicted the future.

[@livedeliciously]

"Connectedness." The irony of it all.

[@realdeal139]

Virtual monopoly. This is crazy

[@Ostipherous]

Real estate in the virtual world: the most stark evidence of idiocy. The world is over.

[@warrenjoseph76]

Preach

[@JenMarco]

Thank you! I thought I was the only one left with a brain.

[@ImxPhreme]

Said the same thing about internet

[@JacksonWallop]

If you could own an acre in fortnite, and then sell that a year later to Nike to build their HQ in fortnite for 50x profit, I think most people would take that deal, and the world would keep on turning. Metaverse is just a new paint on virtual worlds (games) that have existed for 20yrs. Except now, instead of the game company controlling the individual game items (outfits, weapons, land), you can own them and sell/trade them on an open market.

[@MB-wx2jp]

@@JacksonWallop Lame

[@agrillhasnoname]

Fortnite is metaverse? What is wrong with these people? Lol Fortnite has been around for many years. It's not metaverse bro, you're not edgy for saying "mEtAvErSe", it's a 3d shooter lol with microtransactions, duh.

[@zackkier6257]

This is how I’m feeling…. But really it’s just a way to get more people in these games to create more moneys based on the fake scarcity of video game micro transactions. I remember when tix were a thing on roblox😔

[@Moshidoll]

Back in the days, there was the first metaverse called “SECOND LIFE”! 😬

[@robert039]

Dude I was just thinking about and trying to remember the name of it until I scrolled to your comment.

[@Trioptic3D]

Do you know the way? 🐗

[@chp9]

I have 2 accounts since the early 2000's I am wondering if I can sell many of the items I have to others or create a service for others to enjoy inside second life and ear something... any thoughts?

[@billybob5337]

Second Life was like an early trial run, when you think about it. So many things like this are introduced to us over time without us really realizing.

[@zenmasterjack3873]

VR chat

[@trevorkelley7485]

No mention of smart contracts? A real missed opportunity when trying to explain the value of NFTs

[@Marko-dk4hx]

Abaxx ?

[@westcoastadventurers8504]

@@Marko-dk4hx EThereum, Algorand, Tezos, Cosmos, ,Vechain, Harmoney One, many others. . .

[@jayp7936]

Yup!

[@Herr.Mitternacht]

They will worthless. NFTs are a scam just like shitcoins

[@adrianrocha49]

This is the beginning of a real-life "Ready Player One" and "Sword Art Online." This is literally the digital world of the Digimon universe, can't wait to get my Digivice, I just know that I'm Digi-destined.

[@vimalcurio]

You're not wrong

[@singleplayergamerr]

100 percent

[@cryptojonny6837]

The future is looking good one right now thats going to be massive is the Ultra blockchain gaming coming out soon. Ppl wil be able to play games to earn crypto sell games and so much more.

[@R3TR1BUT1ONz]

dude same

[@fcode9310]

VRchat?

[@AfterbrunchDelight]

Wow...our worst nightmares of Black Mirror will soon be coming true.

[@mxyzptlk...]

This is beyond me. I spend my time in novels, not in a virtual world. Maybe I'm getting old.

[@hurdygurdyguy1]

You spend your time in a "virtual world" (I read a lot, too) ... you read and imagine the story in your head..

[@jennymaldonado5472]

@@hurdygurdyguy1 whoa 😳 (speechless)

[@coledwyer7546]

you're watching youtube bruh that's digital

[@ChillinLikeBobDyllan]

Escapism, bro. Digital or not.

[@eduxfe]

novels are virtual worlds too, but just made by your mind instead of a computer or server

[@BHJ7115]

The virtual world will be just as corrupt as the real world and much easier to control.

[@pmurphy12]

If a witch put a hex on whoever owned a piece of digital property, would that render the digi-property haunted?

[@Temu.s]

This whole meta thing, ten years from now it'll be like how we see AOL from back in the day

[@evanpaluch6190]

Or it will be more evolved, and efficient. One can not know for sure.

[@sam.mankar]

AOL means?

[@JMartinJ]

AOL might not have survived but the Internet did. Same thing could be said here. The "MetaVerse" wannabe's might not all survive but those that do will take over.

[@southwest9389]

I. Hope so

[@southwest9389]

@@sam.mankar America online

[@mariawaldrep8762]

Successful people don't become that way overnight, most people see at a glance-wealth, a great career purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life.

[@woodyyap3036]

Hello, I'm new to Bitcoin trade and I've been making huge Losses but recently I see a lot people earning from it. please can someone tell me what I'm doing wrong

[@sabastinerowland206]

all you need is a professional trader else you will continue making losses

[@nicholaskalf3976]

That's true! As a beginner who doesn't understand how Bitcoin trade really works and you really want to make profit from it. I will advise you to first start working with a professional broker

[@darrenboss5701]

I highly recommend Jessica Robert, she is my current trader and her strategies are working perfectly

[@philomenablade1397]

Wow I'm amazed you mentioned Jessica Robert, she is the best and her strategies work Like magic. I've been making over 300% of my investment weekly since I started investing with her trading service.

[@zeus.edwards2662]

i'll continue to buy physical stuff.

[@lucassiglo21]

why is no one mentioning vrchat?, it's literally a VR metaverse with full body tracking support, ready player one style, working right now with an extremely high level of immersion and a lot of users.

[@nikola71H1]

That would reveal problems in their concept and their real number one agenda (money).

[@snd_fr]

Got a lot of weebs on it too

[@omarbarrios3420]

Just look at "metahero trailer" they about to take over..its going worldwide starting in Dubai on October 17

[@nikola71H1]

@Omar Barrios I highly doubt that. There is a lot of very important information leftout. Also rarely someone wants to use their real look in vr. Software is what makes and breaks these projects. Also it starts in Dubai because they need a huuuge amount of money they don't have to have any chance to make this work, so they are searching for investors to impress. I could be wrong, but world is full of failed projects.

[@Guilherme-mo2mz]

it's centralized

[@HY-vz3ks]

The world is more and more becoming the Onion.

[@dietrevich]

So let's make an omelet!!

[@privacyandfreedom5344]

The Onion router?

[@sebastiaosalgado1979]

"Second Life" was completely forgotten...

[@sebastiaosalgado1979]

@Pietro Tomei I am not familiar with this game.

[@sebastiaosalgado1979]

@Pietro Tomei very interesting. I'll research it

[@p6h14]

@@sebastiaosalgado1979 YES

[@alwaysyouramanda]

It was AMAZING stumbling into the Marshmallow concert. Travis’ was good too but that first time was magical

[@DigitalContentNetwork]

Create a jpeg to become a NFT ? What an idea is that ? Selling the next stage of narcism after capitalizing the moving imaging self through social media?

[@user-hd3cm6fg1h]

One day people will literally be in the Metaverse since birth

[@airborne2876]

Then imagine someone leaving the metaverse for the first time.

[@pandaroc1]

What if the “people” is us 😵‍💫😵‍💫😵‍💫😵‍💫😵‍💫😵‍💫

[@user-hd3cm6fg1h]

@@pandaroc1 haha, damn! 🤯 ✨

[@VondereR]

And when everybody stop knowing the difference. They will make another metaverse inside the metaverse. And people will be going deeper and deeper inside the russian doll. Meditate. Stay true. You are not just humans. You are counsciousness. This world is already a matrix. People dont know they are souls traped inside avatar bodies living this physical realm. We have axcess to real realms beyond this nonsence. Stay true. Stay focused. Die for your beliefs. They want you trapped here untill the sun blows up.

[@SalvatoreCremeOfficial]

After quitting social media for a year, hearing these people talk about merging the digital and real world... Pfff... I feel like Michael Corleone on The Godfather 3

[@DanielLopez-jz4yj]

Just when I got out, they pulled me back in?

[@SalvatoreCremeOfficial]

@@DanielLopez-jz4yj yup

[@vermont741]

The more reason not to go back to Social Media! Its been more than a year already since I left FB. I have no regrets. I have no instagram, twitter, whatsapp, etc. YT is basically for watching news and documentaries.

[@gunnarmurray3025]

Ah, but what they didn't tell us is that this company refuses to pay out large balances.. this effectively makes their "currency" completely useless with no monetary value whatsoever.

[@annemarietobias]

It's so strange, VR nerds have been living in Second Life for decades now, and it's just a nerd niche, now suddenly the pandemic hits, and this is now a thing... Totally leap frogging the original space... And now Zuckerberg wants to co-opt the whole thing... What could possibly go wrong!

[@Moshidoll]

Exactly!! Second Life was as far as I know the first metaverse 😬

[@goprojoe7449]

second life would be equivalent to one planet of the verse - or, one website. it's not gonna be for everyone, and will remain niche.

[@dirt2diamonds430]

Get that paper stacks

[@annemarietobias]

@@goprojoe7449 Hey Joe... So I would take that purely at face value, except the software for Second Life, became open sourced and spawned endless meta-spaces, with their rules, and flavors, so it would still be fair to say that SL spawned the first metaverse, The problem was, that the folks ready to play there were few, relatively speaking and not mainstream enough to even dream of taking it out of nerd space. It was Immersive Virtual Gaming that eventually made a clientele large enough to make a real push into this space.

[@MetalSlug-ev5wu]

Travis Scott would be less dangerous if all his concerts were virtual..

[@jossa90]

It wasn’t his fault that some of his fans were/are idiots tho.

[@kierand9410]

Buying virtual land should be a certifiable offence. Absolutely mental.

[@goldenbear13]

Then check out entropia 😅

[@olivergreen3913]

What do you think servers are? It’s essentially the same thing, just one extra dimension. Already saving up for my first digital loan 😂

[@jamm_affinity]

What do you think a domain is?

[@damiantorres5569]

Nah it’s awesome

[@majinmj1663]

It's not really "buying virtual land" it's more like buying an account with an included virtual lobby for a game that has a crypto-managed account limit.

[@theoccasionalmoonlight4050]

Meanwhile thousands of children are still dying every day from hunger... but sure lets use our money to buy robucks so our kids' avatars look cool in the metaverse.

[@ivanhernandez7395]

Ik that part made me turn away from this idea

[@Nsaishie]

That's how I feel about tattoos. My younger friend who was a staunch supporter of the $15.00 minimum complained about not making enough money washing dishes part time at Red Lobster and working at a used car dealer cleaning and detailing the cars they bring in from auctions. He worked hard, but as he complained about money I stood there looking at him with his $6,000 worth of tattoo work all over his body. Seems like every time he had $400-$500 in his pocket he would run down to the tattoo studio. It was like his second home lol.

[@alargiejobejobe]

The human being the dumbest species alive

[@artofficialapol]

*If “WHEN YOU CAN’T GO OUTSIDE, GO INSIDE” was more than an idea..*

[@mdavis3262]

This makes the idea of living in a simulation that much more believable 🤯🤯

[@romeytube26]

Imagine dead loved ones leaving behind a piece of themselves in this world, leaving messages behind for loved ones.

[@Nikyv786]

That would be cool!!

[@adoptme031]

disgusting

[@techwizpc4484]

You can do that with a normal video camera.

[@MiloLabradoodle]

Lovely quick introduction to a topic/platform ... I'm fuzzy about.

[@champagnejdltv5245]

I saw this coming 10 years ago. The meta verse is basically going to be a real life simulation mixed with the gaming world. Basically you can turn anything into life in this virtual world. However, it’s not just a virtual world, it’s a portal that is going to open a new reality. It’s going to create a new global currency in this virtual world. This will create New millionaires on the rise in this virtual world because it will be treated as if it’s reality. You’ll be able to run your own business store or sell in this meta verse and even work and get paid real money. A new currency will rise and cause a threat to cryptocurrency and real paper money. One day y’all will look back and see that everything I mentioned will be spot on.

[@luanxxx774]

Blocktopia

[@kalphitekil]

Everything you heard* not write

[@econIQ747]

You must me already multi millionaire already then. Tell us how many millions you made ?

[@salvationindustries]

This reminds me of Second Life 10 years ago. There was this feeling that it will be the future. Of course that didn't happen but not because the concept was flawed, it was ahead of its time and the technology was not there yet.

[@luanxxx774]

@Santiago Roldan and Shiba Inu that transformed $5 dollars in more $400000 in 1 year

[@thecastiel69]

A doomed phase

[@ShutDFckOff]

I am 60 years old and if you yourself does not accept inovations of life then we are doomed!

[@rudysconstruction]

@@ShutDFckOff it’s not that we don’t accept innovations. Myself, and many other people including experts, are simply skeptical of the long term effects of this kind of technology.

[@Steven-yd8wy]

I always felt that VR is cool for gaming, but I wouldn't want to live in it. I envision a product called "Apple Lenses" where you basically have all the iPhone features, but directly in your eye in the form of contact lenses. The lenses could go dark and put you in a virtual world for gaming. Or, you could use AR to have your friends pop in and sit on your couch in real life. A merge of the digital world and the real world. NFTs would come into play because you could buy virtual items and store them in your home. Or, you can launch your VR game and have a NFT avatar.

[@SuchASaint]

oh my God🤯 no more internet for me.

[@olympiaskye2324]

LOL Now I see why "Ancient Aliens" show could be us....

[@fixer1140]

Ophthalmologists: Stonks

[@hosthoof1716]

I'd rather just take acid.

[@LowMedow]

Yes 👁

[@GrumpyOldGuy777]

METAHERO is going to be huge in this space.

[@omarbarrios3420]

Its making me bank!!

[@sn5953]

I guess that the technology does not limit only Upland from having a virtal Manhattan. There could be, for example, a Google version of virtual Manhattan, a Microsoft version, an Apple version and so on. Two people could own 2 different virtual versions (say Google version and Apple version) of the same physical address in Manhattan. And, theoretically, there can be infinite versions of virtual Manhattans and therefore any real money spent on buying these virtual properties is actually worthless. That said, this is only a theoretical possibility, and the real value (i.e., for which users would be ready to pay real money) of a property derives from a finite number of companies that may have the intellectual and financial might to offer these virtual properties.

[@hasanmuttaqin464]

for everyone here saying "nah mate.. this will fall" successfully turn themself into early internet boomer

[@Qwonk]

@Santiago Roldan those that don't adapt are literally going to be left behind. As someone in VR a couple hours a day I see some old people sitting on swing sets staring into the abyss irl. They just have no clue

[@soarel325]

@Santiago Roldan We are literally still making fun of crypto.

[@soarel325]

I mean it's not going to "fail" per se but...it's a con. It's just Second Life or Entropia but with fake digital receipts that burn down a bit of the rainforest every time they're used.

[@privacyandfreedom5344]

@@Qwonk there are the engineers, the boomers, and the consumers. Engineers can view the products that they design like boomers do, so just because someone doesn't agree with one innovation doesn't mean they're being left behind. Especially when they understand it.

[@papabeargarage]

Wait until they come up with digital crimes, digital government, digital vaccines, etc.

[@marcoponce85]

The end of society as we know it.

[@nobodyearth6233]

You can just go to Wild Wings if you want to go back to the 90’s. Every now and then you will see a tough biker in there while Nickelback is playing. Rare but it happens.

[@PresidentialWinner]

That's what they said in 10000 bc when someone invented farming. Society will change and it will not end

[@denzelhorton3280]

Thank god

[@gobills9550]

No you will just end just like me and time will go on. And the kids that are born today will say the same thing when VR is old and we are onto something else.

[@NDNstrength]

No just a niche

[@shannonhealey123]

omg... ALL of this has already been done, in Second Life. Second life is the closet we ever got to ready player one. it had its own digital currency that could be traded for real currency. The world was player built and you could buy or sell anything you wanted. there were themeparks, malls, citys, clubs, schools, unis, battlefields etc in every theme you could think of.. and this was during the late 00s. It's 2021 and the only thing similar is VRchat and its barely anything in comparison.

[@Andy-ux4ec]

Yes to all you said about SL. However, SL remained a 'closed system'. Your lindens were only useful inside that ecosystem. Your land, house, possessions were never really yours. Everything belonged to linden labs. In the new Metaverse we will have true digital ownership. I really enjoyed hanging out in SL. Attending concerts, etc. It's a shame Rosedale didn't collaborate with maybe Decentraland or Somnium Space. As you said, this was already done a decade ago. Too bad it wasn't on a blockchain with NFTs.

[@soarel325]

@@Andy-ux4ec you don’t know how programming works

[@user-gu9yq5sj7c]

Some people, like Zuckerberg, want to make their own world with their own features.

[@blissfulservant4189]

So many people are suffering in this world with their basic needs not taken care of, yet persons can spend billions to create an illusions rather than to end suffering and make this world a better place.

[@chubbypekingese]

Sony is probably kicking themselves for dumping PlayStation Home…

[@olympiaskye2324]

I KNOW!!! Xbox will turn their avatars into NFT's or a virtual world, where you earn NFT's! This could get REALLY COOL! I Always thought, IDK PS...don't give up Home...The future is virtual...

[@SuchASaint]

The reporter literally called it terrifying, “like a game that’s inspired by Stranger Things and Monopoly”.

[@kylegrunden1191]

Ya we were there

[@ARenewedmind]

It Is terifying...

[@larslover6559]

Imagine being the first to sell the first proverbial bridge in metaverse

[@MetaGuideMedia]

Congratulations! You're catching up to tech I have been using for well over a decade.

[@ThySilther7]

Brand new generational wealth 🤩

[@a.randolph8112]

Metaverse; a way to make millennial and gen Z's go broke.

[@chuke23]

pff joke's on them. we already are

[@JacksonWallop]

I mean.. I'm already up 50x but you do you.

[@productivescrolling007]

90's was a good time to be borned

[@aserr5660]

I guess I should think of changing my career to being a therapist. This next generation of kids will make the demand for them high when they become adults.

[@younessidbakkasse9742]

To understand the metaverse just watch Ready player one

[@dreamkollab]

Just because we have the metaverse doesn't mean we have to neglect the real-world. Both can thrive together. Think of the OVR.ai metaverse as a digital layer that you can tap into, build upon or gain location specific knowledge from.

[@nicestoriesnottherealstori3006]

Now how do I play flash and shockwave games from the 2000's in this?

[@chanwo_opark]

Asking the real questions

[@chanwo_opark]

Asking the real questions

[@DP-oi9nd]

Dont disrespect club penguin like that :)

[@0Ciju0]

LOL. This is what happens when we add warning labels to hot coffees. Natural selection needs to happen and lately, it hasn't.

[@cowllama123]

Is anyone going to tell them that MMOs have been around since the 90s

[@mysimplepod1351]

Yup big tech is just branding it now

[@luisramon783]

I’m now thinking about how the younger people gonna say look how our parents were on parties in real life taking videos and photos and now we live just in the vr, take me back in time to the 20s 😩🤙 it’s crazy 🤯

[@ManSeekingTruth1]

This is nothing new if you've ever spent time in or heard of Second Life.

[@GonzalezJio]

Real like augmented reality and holograms are a must for this to succeed in the real world. Will not be too practival under vr

[@sidicer33]

Gives the actual meaning from World Economic Forum's Great Reset slogan, "you'll own nothing and be happy"

[@beamer7]

I was thinking the same thing

[@samatarali5334]

Exactlyyyy

[@barrett2020]

Everyone this is the end times of reality

[@nelsondog100]

People need to spend LESS time in front of screens not more. We’re created to be social creatures not antisocial cave dwellers

[@realTrealT]

You do realize this make it’s a million times easier to socialize across the world.

[@nelsondog100]

@@realTrealT I do, but there’s no reason to be spending countless hours in front of a screen. We Need to be out in nature more. Tech is not healthy.

[@realTrealT]

@@nelsondog100 that’s not the purpose ..it’s to be able to engage with people whom may be framed to far of a travel to see or business meetings it’s much more then just being in front of a screan

[@nelsondog100]

@@realTrealT just keep an eye on this and remember my words. People will enter this cyber world and won’t want to come out. If you’ve ever played Second Life you’ll know first hand what I mean. It’s a huge trap

[@adoptme031]

@@nelsondog100 kzbin.info/www/bejne/gHWwYnZ_rMZoeNk

[@faddlewaddle2615]

Brilliant reporting. Still had to look up "NFT" after all that.

[@irritablysavvy]

Non fungible token. Exclusive rights to a piece of digital content. Can be purchased with cryptocurrency like Bitcoin.

[@JackGordon]

10 MILLION YEARS PLAYING FORTNITE WHATT

[@mulagraphics]

The people commenting are the same people who miss the bitcoin bubble lol

[@xzineth]

😎

[@redbaron3555]

The big fallacy in this business is that everyone can create such a world and sell these properties again. Hence there is no scarcity. This only make sense if you are the one meta verse company that everyone uses and which is not contested by other big players. Facebook has the best shot at that currently but not such a small company.

[@Smokeandmoto]

Three companies have already created very large metaversus before Facebook. Facebook will most likely gear their metaverse to interact with one of the three.

[@aperson2730]

The journalist wasn't particularly good

[@Metacognition88]

Sounds like a bunch of shenanigans and tomfoolery if ya ask me. I miss the days playing jacks and checkers.

[@greenhrnet8558]

Were you skeptical to sell your horse and sit on top of a combustion engine? I wouldn't blame you, I think a lot of people were.

[@abram730]

@@greenhrnet8558 Cars will never work, as there is no place to put the hay.

[@Nattyog]

@@greenhrnet8558 for real like why can’t we bring back horses and send letters like back in the days this is stupid

[@adoptme031]

kzbin.info/www/bejne/gHWwYnZ_rMZoeNk

[@tristankoh]

And the MATRIX will become real in a few years, and we will all live in it.

[@SuchASaint]

Okay so I’m not going crazy 🤦🏾‍♀️

[@savetheminnows39]

nope not me i refuse to be part of this new normal matrix crap!

[@olympiaskye2324]

Maybe we'll even have teleporters! LOL

[@ProblematicBitch]

maybe we are already in it

[@jameslima7811]

Matrix is the Devine mothers womb , which we are in now . Aka Mother Nature she has her web of life . Known as the spider goddess

[@Btcethada]

This is too exciting!

[@christopherstory8361]

Let us waste our lives by receeding into this profit driven mess instead of solving real problems and managing and creating REAL relationships. As a person in tech for 25 years, I am ashamed 😔 😞.

[@markdurham5348]

yeah, maybe covid wasn't hard enough and we should gotten the asteroid instead, just saying.

[@brucek66]

So technically, the people she interviews could be thin, handsome and speak English without an accent. Naw, I wouldn't pay for that. Why not embrace the human condition? Seems like online dating where photos lie

[@olivergreen3913]

Why embrace the human condition? But also I’m sure (eventually when laws catch up to the technology) everyone online will have a traceable IDs. Like public IP addresses.

[@omarbarrios3420]

M E T A H E R O will change the future! 🔥🔥🔥🚀🚀🚀 #BeYourOwnHero

[@NiteEy3]

So it seems like MetaVerse is a dream within a dream within another dream within a taco inside a burrito 😂🤣

[@camwha5904]

We've had 2nd life and VR chat for years. I don't see how this is going to be so much better. Seems a lot like the same ideas just with cryptoshit thrown in.

[@hasanmuttaqin464]

vr chat(CAPITALIST EDITION!)

[@adoptme031]

This sounds familiar. Their was a movie called left behind and they wanted everyone to put on these glasses to be hypnotized. This also happen on Sponge BoB when plankton wanted to take over he had everyone put on a Helmet so he may hypnotized them. This also happened in an anime called Naruto shippuden, where this giant tree attached itself to everyone in the world and trapped them in their own dreams filled with happiness forever. In the real world their bodies slowly turned to basically batteries, feeding the matrix. (Roots, feeding the tree) kzbin.info/www/bejne/gHWwYnZ_rMZoeNk

[@echapo7180]

Wow not to many people know about “Left Behind”! I watched it years ago with my Mom along wit Omega Code 1&2

[@victoriawilliams2786]

I'm computer illiterate. Will someone please tell me what NFT means?

[@justingriffin2546]

Not Effing True...NFT

[@victoriawilliams2786]

@@justingriffin2546 cool

[@RK-ve4xp]

Non fungible tokens

[@privacyandfreedom5344]

It's blockchain art. Once you understand Blockchains and distributed ledgers, the names they call these cryptocurrencies and concepts attached to their respective blockchains won't matter, at least at the basic level.

[@bennyyeung2172]

To create a world like Matrix, I think we are still 20 years away, at least

[@mikedavis103]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Lucy

[@1213sandman]

Very sad. People get out into the real world and see what GOD has created for us, meet new people remember never meet a stranger.

[@pri5748]

GME To The Moon!

[@cryptobra5933]

I don’t know why people are so negative about the future . This is very exciting especially for those of us who love playing video games and not going to work. Amazing technology

[@tuffue2724]

Yes, people was really negative when they found out that ‘smart phones’ will become a thing and here they are using it everyday. This will be the same for 3D virtual network and augmented reality.

[@privacyandfreedom5344]

I'm being shadowbanned. I hate KZbin

[@cryptobra5933]

@nwo detox bro wtf does liberal and trump have to do with technology

[@cryptobra5933]

@nwo detox what does god have to do with digital reality ? I think you’ve taken too many religion pills.. do you also suppose there will be 21 virgins for you in heaven ?.. anyways yoire afraid of technology but texting me from a different state on your technological phone .. you’re already in the metaverse idiot

[@vulkar59]

"Think of NFT's as memorabilia" So garbage is what he is describing. Blockchains most important use is for voting, everything else are just children playing with a fancy new toy. Lame.

[@billykobilca6321]

Exactly... it's REDICULIOUS

[@sunnybrowne7293]

You don't seem to really understand the world you are entering, do you?

[@Serenelove520]

@@sunnybrowne7293 no, you don’t understand how the world works

[@MinosML]

@@Serenelove520 even if he did, what's being discussed here is how the world WILL work in a couple decades when the Metaverse is commonplace and adopted by the mainstream. Even if you agree with it or not, if you think it's utopian or distopian, if you are old-fashioned or a futurist, this is the future. This will happen.

[@imstevemcqueen]

Yep, we're doomed

[@realthefew]

Metaverse, congrats on promoting the earth2 scandal. See you in court

[@teddydorival4288]

I would like to see the rest of the interview. Interesting topic

[@carl_aryee]

this is a joke, what real-life benefit does this even provide? this metaverse stuff is starting to look like the biggest fad of the entire decade.

[@adoptme031]

kzbin.info/www/bejne/gHWwYnZ_rMZoeNk