My hypothesis is that the hatred they receive recently is related to Facebook’s big announcement about the metaverse!
The metaverse idea has been around before Facebook changed their name. Neal Stephenson used this name in his 1992 novel Snow Crash. And in the crypto space, this idea existed at least around 01⁄21 - https://www.notboring.co/p/the-value-chain-of-the-open-metaverse, but given that Not Boring is relatively lagging, I wouldn’t be surprised if the ideas that fall under the metaverse label existed months, even years before that post. So Facebook changing its name and the crypto folks using the label “metaverse” are rather coincidental than a planned effort to part users with their money.
And, to your point about “NFT people” trying to extract profit from NFTs, I understand that idea is just the opposite. Right now, content published to platforms like Facebook or Twitter is difficult to extract and transport over. But NFTs exist on some blockchains, which is globally readable—a Twitter or Facebook cannot “lock in” your NFT. They can only build some integrations to enable you to showcase it and show other users that you are the owner, but that’s as far as they can go.
The metaverse idea has been around before Facebook changed their name.
True, but Idan Arye’s point could still be accurate. Facebook isn’t very popular these days and them announcing that they’re heavily investing into an ominous-sounding thing related to NFTs could indeed increase anti-NFT sentiments.
That said, I think NFTs were already hated in some circles before the Facebook announcement. Discord initially announced some NFT extension, but the CEO back-pedalled on it after massive backlash.
The metaverse idea has been around before Facebook changed their name. Neal Stephenson used this name in his 1992 novel Snow Crash. And in the crypto space, this idea existed at least around 01⁄21 - https://www.notboring.co/p/the-value-chain-of-the-open-metaverse, but given that Not Boring is relatively lagging, I wouldn’t be surprised if the ideas that fall under the metaverse label existed months, even years before that post. So Facebook changing its name and the crypto folks using the label “metaverse” are rather coincidental than a planned effort to part users with their money.
And, to your point about “NFT people” trying to extract profit from NFTs, I understand that idea is just the opposite. Right now, content published to platforms like Facebook or Twitter is difficult to extract and transport over. But NFTs exist on some blockchains, which is globally readable—a Twitter or Facebook cannot “lock in” your NFT. They can only build some integrations to enable you to showcase it and show other users that you are the owner, but that’s as far as they can go.
True, but Idan Arye’s point could still be accurate. Facebook isn’t very popular these days and them announcing that they’re heavily investing into an ominous-sounding thing related to NFTs could indeed increase anti-NFT sentiments.
That said, I think NFTs were already hated in some circles before the Facebook announcement. Discord initially announced some NFT extension, but the CEO back-pedalled on it after massive backlash.