The Old Man’s Views Happy New Year! PlatoAiStream PlatoAiStream. Data Intelligence. Vertical Search. Ai.

The Old Man’s Views Happy New Year!

The Old Man’s Views Happy New Year! PlatoAiStream PlatoAiStream. Data Intelligence. Vertical Search. Ai.

Believe me, If Zuckerberg is investing big-time, then the advertising involved will be off the charts.

As many of you know, I am against government involvement in most aspects of crypto, but the Metaverse may very well need policing.

The Metaverse is ultimately a place to go to escape reality, which in itself is rather sad. But there will be very dangerous users at play, and they will need monitoring.

Our young people are increasingly using social media to interact with their peers; look how big TikTok has become. We should not ignore that many of our young children have made friends with people they have never met and friends we do not know.

But, when these “Friends” are Avatars, we don’t know who is behind them.

In the Metaverse, little 10-year-old Mary makes friends with Rebecca. They go riding regularly on fluffy Unicorns through a land of Candyfloss and soda-pop, laughing, giggling, and playing games. The grooming begins. One day, Rebecca asks Mary, “Have you ever seen a man’s penis?”

Before you ask the question, this is not from me. A group is already investigating how to combat such issues in the UK and discussed it on TV last week. But it must be a serious consideration.

We could also have Mr. Candlewicks Candle shop in Craftland, where you can learn to make candles. But in a private room for members only, you will find Mr. Abdul, teaching people how to make bombs and offering maps of airports.

In the Metaverse, how will we combat such problems without some form of centralised governance?

It is worth thinking about before it really takes off.

Areas of interest for the coming year:

We may see an increase in decentralised exchanges to combat increased threats of government interference.

Thousands of copycat NFTs are coming to the market to capitalise on Bored Apes and Punks. The market will become saturated, and the over-bloated valuations will take a massive hit.

Some objects offered for the Metaverse will rocket, but most will flounder.

We can expect to see an increase in theft, hacking, and suspicious activity from dodgy players.

They will promote headsets of all types; most will go as quick as they come. It will not be for a few years, or at least the 3rd Generation until that we see anything near what we envisage today.

Altcoins will decouple from BTC, and we will see less correlation in currency movements, which will make it more of a picker’s market.

New players will start to eat into the market.

My pick for this year will be Concordium.

I believe Concordium will do very well due to its focused management, in-house expertise, and deep pockets. But more importantly, its owners have a long history of building successful global products on the internet, which is a rare attribute in our young business.

And finally, and I say this without any influence, I expect this to be a good year for JPFS.

The guys at JPFS have put a lot of time, money, and effort into what they are doing. This year, JPFS will be launching more professional services and products aimed at both seasoned and less established operators. You will be hearing more about this over the coming months.

So, watch this space!

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