Submitted by InnateAnarchy t3_ydnxrw in explainlikeimfive
ckirby7 t1_ittb3du wrote
Because Mark Zuckerberg has fooled people into thinking that digital assets have value far above their real worth. The kinds of people who would buy property in the metaverse are also the kinds of people thinking that buying expensive NFT's are a good idea. When the metaverse crashes and burns it will become worthless, but some people are fooled to think otherwise.
Meanwhile, people buying the property and such are handing over their money to Meta
InnateAnarchy OP t1_ittb6l8 wrote
Okay, but what’s the end game? Do they think that things will shift to a distopian future where everyone lives in their metaverse?
Also, I find it ironic that you have a Reddit NFT which are all sitting at like a 10k floor right now, no?
ETA: TIL not all of the hexagon shaped avatars are NFTS
ckirby7 t1_ittbmus wrote
Eh? I got this reddit thing for free just from post karma. I wouldn't spend a dollar on reddit.
My best guess is that Meta wants to eventually becomes a large scale digital asset management company
InnateAnarchy OP t1_ittbphq wrote
I thought all of the cool shaped ones were avatars
TIL.
Also, I likely have enough karma for one where exactly did you get it free lol
ckirby7 t1_ittbzbm wrote
Not even sure where it came from. Showed up in my notifications on my profile saying I've got access to a new avatar
KickdownSquad t1_itthxny wrote
How do we get Reddit NFTs lol
greatvaluemeeseeks t1_itte3gz wrote
The end game is to find a bigger idiot to buy the property you bought for a higher price.
marzipan07 t1_ittgw0z wrote
This is it.
Arianity t1_ittl1z5 wrote
> Okay, but what’s the end game?
They think there will be more interest in them in the future, as adoption increases. And that will drive more interest/demand.
So they're hoping by getting in early, they can be ready when the price spikes.
>Do they think that things will shift to a distopian future where everyone lives in their metaverse?
That's an exaggerated version, but yeah, more or less.
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