In Brief:
- Pak warns Metaverse NFT buyers to wait for standardization.
- Hexeract defined that every game with NFTs and Cryptowallets are not Metaverse.
- According to him, games without transfer facilities of digital assets is ‘pointless’ for Metaverse.
Creator of Merge NFT, Pak has posted a tweet to warn NFT buyers to check the authenticity and standard of NFTs before buying on Metaverse platforms. According to him, current NFTs from Metaverse has no standard.
The Pak tried to convey that “Don’t buy the hype, first comprehend.” He had conveyed this message as after the success of big projects like Sandbox, and Axie collectors have started buying plots in various Nft projects.
Yesterday, Hexeract posted a thread on Twitter to convey the real meaning of Metaverse. According to him, a game that requires a crypto wallet and uses NFTs, which does not mean that it is Metaverse. This tweet was retweeted by Pak as last year he has also posted a similar kind of tweet.
In the next tweet, he further added “Unless you are able to transfer an asset from X game to Y game flawlessly, the word metaverse is pointless.”
Since the launch of the first Metaverse game ‘The Sandbox’, this concept is exponentially getting hype in cryptoverse. The Sandbox was in many news headlines due to its partnership with Snoop Dogg. After organizing the virtual concert, Snoop Dogg has organized an online auction for the virtual Land of ‘Snoop Verse’ and fetched $14 million.
Decentralized is currently ballooning its area and leading crypto and NFTs firms are locking up deals to develop metaverse. Metaverse is the virtual world concept based on a decentralized network. These metaverse projects are integrating NFTs and native tokens to develop a sustainable in-game financial ecosystem.
