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NFTs Price Discovery Within A Metaverse Economy https://read.cash/@Pantera/nfts-price-discovery-within-a-metaverse-economy-0733c413#comment-e40b65d9 The concept of the Metaverse will either succeed in attracting global adoption or massively fail as a limited gamified version of facebook. If it succeeds, NFTs will be an integral component. As with the internet two decades ago, businesses will compete in new terms and a new environment. NFTs will incorporate digital assets, or perhaps every digital asset. Not because NFTs are hyped, but because there is no other alternative for a Metaverse to work properly. The value of NFTs is not an easy task, but the business world already has strict rules to follow when evaluating assets. #NFTs #Metaverse
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For it to be successful they have to put something that is very attractive like not charging shipping fees on the same network, as happens in the Hive blockchain, but that is not going to happen because I recently read someone commenting that they have already incorporated metamask to facebook, so that's where the shots go. What I have a feeling is that hacks and scams are going to happen at millions of kilometers per hour! and something tells me that facebook is going to end up charging a monthly subscription fee like twitter to be able to access those premium services such as withdrawing your cryptos. I think they will allow and receive cryptos for free, but I am guessing that they will ask you to be a "premium" member (paid subscription) to be able to make withdrawals. Eye all this is my speculations.
NFTs will succeed because there's no better tech out there. The problem will appear when the forces that be will try to control this technology as they did with the Internet and Bitcoin.