Metaverse trend & the AI trend (shower thoughts)
Facebook's changing name to Meta and building a Metaverse made the Web3 Metaverse run explode.
A Metaverse doesn't need crypto coins or NFTs to work, yet this hype was the best visible in the Web3 space, and I think its because:
Facebook's changing name to Meta and building a Metaverse made the Web3 Metaverse run explode.
A Metaverse doesn't need crypto coins or NFTs to work, yet this hype was the best visible in the Web3 space, and I think its because:
Today's young adults want to invest, as the previous generation received excellent stock market returns. But they also feel more disconnected from banks, governments, and the system. They want to invest in cool, innovative concepts they can relate to.
Imagine, as an average student or graduate, you are interested in this whole Metaverse thing that is gaining attention. It is challenging to access, for example, the seed sale of the next big web2 Metaverse. It's easier to get some crypto exposure to this trend.
Whenever the macro environment is risk-on, crypto is the way for the current generation to get exposure to risk assets.
We saw that ChatGPT triggered the world's broad interest in AI.
We saw that ChatGPT triggered the world's broad interest in AI.
IMO this trend has a lot of room to grow. Most people heard about the buzz but still have to figure out how to personally use these tools. The tools on the market are simple and beta versions, and we have yet to see the most prominent companies release AI products.
Also, the amount crypto projects built around AI is still low. I believe that the worldwide use of AI will explode over time, and we'll see many more tools and products available for everyone.
I believe that as long as AI gains momentum in the 'normal' world, we'll see people looking for exposure to it through crypto.
As I see more room for worldwide AI interest than, for example, metaverses, I believe this trend will continue to outperform.
As I see more room for worldwide AI interest than, for example, metaverses, I believe this trend will continue to outperform.
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