Malik Profile picture
19 Dec, 22 tweets, 10 min read
This week in the Metaverse.

Here's what you need to know to get caught up on major developments for the week.

🧵
1. @WilderWorld is a metaverse that has caught my attention recently.

This is described as an immersive 5D metaverse that is "photorealistic".

The $WILD token has soared from $0.17 in June to $3.66 today, after exceeding $7.0 in November.
1a. Note, @WilderWorld has not released any land for sale ... yet.

Instead they have been focusing on releasing really cool NFTs:

- Wheels (cars)
- Kicks (shoes)
- Cribs (homes)
2. One metaverse that did not have a good week was @VulcanForged, a Greek-Roman fantasy metaverse with 10,000 plots of land.

Hackers stole private keys of the 96 largest wallets and siphoned off ~$135m worth of $PYR tokens, used in this metaverse.

@VulcanForged handled the ...
2a. ... situation very well and generated much goodwill as a result.

- There was steady communication to the community

- All stolen monies were reimbursed

- Development work continued; new announcements were made to move the metaverse forward

Well done to the CEO and team 👏
3. It was a great week for @nftworldsNFT (metaverse with 10,000 Worlds).

The floor price (lowest price) exceeded the psychological Ξ1 (1 Eth) mark, getting up to Ξ1.45.

For perspective, Worlds were minted for FREE in early October; the floor price < Ξ0.2 at end of November.
3a. The development team is executing well on its plan!

Of note is the emergence of specialty funds such as @RendezvousEq, which has publicly reported buying 31 Worlds!

This fund is investing in play-2-earn games, premium NFTs and virtual real estate.

rendezvousequity.com
4. Land sales at the two main metaverses continued, but activity levels were overall lower.

Sales at The Sandbox and Decentraland totaled ~$27.5m.

Of note, The Sandbox accounted for ~72% of total volume.

Unlike recent weeks, there were no large land sales reported this week.
4a. Perhaps the big players are already well positioned and focusing on development.

Republic Realm CEO told @thisisinsider:

"We think the Fashion District purchase <in Decentraland> is like buying on Fifth Avenue back in the 1800s … or the creation of Rodeo Drive."
5. Continuing with the real estate theme, If you are looking for a home in the Metaverse, check out @ETHomesNFT.

As a reminder, the first digital home sold for ~$500,000 in March 2021.

6. Several Metaverse tokens launched this week:

First, $ZERO, the underlying technology on which @WilderWorld is built.

@real_n3o is an all-in-one platform for creating Web3 communities.

For more on @WilderWorld and Zero tech: ⬇️

bit.ly/3FbaqFs
6a. Next is $HOL, the token for @hololoot.

This technology is the world's first augmented reality NFT generator that delivers more realistic NFTs.

@hololoot also plans to launch an NFT marketplace.
6b. Finally, $RIDE, the token for @holoride.

This technology aims to "turn vehicles into moving theme parks and drive the future of in-car entertainment".

Maybe this will be the end of "are we there yet?"!

Check out the video below!

7. McDonald's partnered with OfflineTV (gamers and content producers with ~3m YouTube subscribers) to create a VR scavenger hunt.

While this was a first foray into the metaverse, the fast food giant did launch an NFT in November (to mark the return of the McRib)!
8. Now for something a little unexpected ...

@RememberNFT demonstrates that whatever we do IRL can be done in the Metaverse, including having funerals and commemorating those who have passed. 😮 😮

They launched a public sale with 5,000 commemorative Memorial Stone NFTs!
8a. As an NFT, each stone is unique, unlike traditional tombstones that share similarities in size and color.

Further, each stone doubles as a key to a user’s private "Memorial Hall" that can be used to store and display memories as text, images, videos, 3D images, or sounds.
9. The mainstream adoption of the Metaverse continues with major TV business shows bringing on guests to talk about the subject.

Zac Hartley of Hartley Investments was a guest on Fox Business, while Eric Sheridan of Goldman Sachs was on CNBC this week.

When asked for stocks ...
9a ... to invest in for Metaverse-exposure, the responses were:

Hartley:
- Unity Software ($U)
- Facebook/Meta ($FB)
- NVIDIA ($NVDA)

GS:
- Facebook/Meta ($FB)
- Snap ($SNAP)
- Roblox ($RBLX)

** Usual note: Not financial advice, do your own research
10. Let's check on the weekly scoreboard for select Metaverse tokens!

Clearly, the hack had a material impact on $PYR.
11. Intel dampened Metaverse spirits this week😞

“The metaverse may be the next major platform in computing after the world wide web and mobile ..

.. our computing, storage & networking infrastructure today is simply not enough to enable this vision".

bit.ly/322G4H2
12. On the other hand, a positive sign of the growing adoption of AR/VR and the rise of the Metaverse:

More Oculus headsets than Xboxes were sold in 2021 😎 😎 😎

Read this thread for more details:

That's a wrap for another busy week.

Thanks for reading 🙏

If you enjoyed this update, please retweet the first tweet.

I'm digging into all things Metaverse, so please follow me @Maliki888.

Let me know what you liked and/or would like to know more about.

DMs are open 🧡

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More from @Maliki888

9 Dec
Are you new to Web3, Crypto, NFTs, Metaverse, etc.?

It can all be overwhelming and confusing.

Here's a thread to help you get oriented and started.

👇 👇
1. Let's take a step back and first talk about the progression of the Web.

* Web1 (static web)

- we got online with browsers like Netscape
- limited access to info; no user interaction
- one-way traffic with content created by few
- hard to search content

- CONNECT thru email
1a.

* Web2 (social web)

- technology changes enabled interactivity
- led to platforms like Facebook and YouTube
- beginning of distribution and sharing of consumer-generated content
- algorithms to access content (Google)
- mobile computing ⏫

- CONNECT via online communities
Read 20 tweets

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