Dacebook / Meta shortAmongst my weekly picks i've chosen to share an apparently counter sentiment short. Time will tell
Major Support for MANADecentraland. A crypto that has many applications that are similar to the new implementation of the metaverse to Facebook's portfolio. This could pose as a viable competitor to Facebook which they would either attempt to buy out (they already have their own crypto) or use some of their tech to help them achieve what Decentraland has already.
The pattern shows that it's reaching 61.8 Fib level which is a major level when rebounding (potential dead cat bounce but doubtful). The 50 EMA is also showing support in this area. Price has consistently rejected this area and the catalyst of Facebook potentially releasing more news about Metaverse tech could be what this crypto needs to continue to rocket past previous all-time highs!
decentraland MANA - one of top NFT coin. Meta for facebook??Decentraland is built for content creators, businesses and individuals that are looking for a new artistic medium, business opportunity, or source of entertainment.
MANA is an ERC-20 token. This means it is based on the Ethereum blockchain.
with the rise of META by facebook, how far will the kind of metaverse coin will g.
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On 339,981 watchlists
Decentraland Price (MANA)
$2.56
7.94%
0.00004163 BTC7.50%
0.0005688 ETH7.53%
ESports - Value Investing - DraftKings Competitor - Metaverse Gaming stocks are great. Gaming #stonks like $DKNG not so much. Valuation matters most in *rising rates environment. #valueinvesting wins next decade.
#cannabisreform is #thefuture
$KERN #thegem
CANNABIS COMPLIANCE SOFTWARE
GL
Square Ponzied - Jack Pump - Silicon Valley Sham - BTC No NeedThe network effect & stablecoins thrown into an #echochamber of advertising. Nasty. Profits over people with #shadowbanking & #feevultures. Buy now pay later bla bla. Show me a fiduciary please. JPow already said that Bitcoin is "not needed". Therefor, no need for the middleman to take percentage of moving it!!! Just need a personal wallet to send & receive #CBDC!!! bye bye middlemen payment platforms!!!!! $FB Libra Anyone?? nasty. META? nice try Zuck!! We remember.
Go Gary G!
Thanks for #digidollar #CBDC JPow & company. lol
The #metaverse is real. Go Brave Browser!!! $BATX
#cannabisreform #thegem Jobs & Justice
Akerna $KERN has the COMPLIANCE DATA SOFTWARE!!
GL
FB / META making a come back?+ FB bounce back above 200MA (yellow line)
+MACD crossed up (although below zero line)
+ currently sitting at 20MA (red line)
+ hammer alike candle
immediate resistance at $340 (gap resistance)
Next R $350 ( 50&100MA)
SL if $320 violates.
_Please be informed that our analysis is based on historical DATA to predict/forecast upcoming movement, our bias may change due to market conditions. _
Disclaimer:
Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management Do Your Own Due Diligence
Virtual vs Real Estate - The Metaverse, NFTs, and Induced DemandMANA tripled in price as of the last few weeks. After China's real-estate market took a nose dive this year, a lot of people are anticipating the same might occur in the US in the near future as the repercussions of the former start to affect the latter. Noone is quite sure what's actually going to happen, but so far the forecasts haven't been looking too good for US assets and the USD in an overall sense. (Video link below for visuals, examples, and tours of the ideas below.)
At the same time, we've seen a renewed interest in "virtual real-estate" -- even Mark Zuckerberg is talking about the "metaverse", so to speak. Are we about to see a spike in demand in these platforms in the near future? I do think that the future of crypto is not making money off of coins themselves, but taking a risk on the products built underneath them.
Some quick impressions of each metaverse:
Cryptovoxels - It looks and feels like "crypto Minecraft" -- the interface is a little rough and the loading times can sometimes be too much, but it does have a lot of energy and inspiration behind them. Kind of like what the "art districts" used to be like in the real-world, I think.
Decentraland - been around the longest and it does show. They have onboarding tutorials, the UI isn't perfect but it's mostly worked out, and has a nice balance between goofyness and a professional development. (You can find the DOGE museum in the museum district there, for example.) But the rent here is not cheap, at least from what I've seen so far. (This is the site that uses MANA, btw.)
Somnium Space - this metaverse feels like it was built by a bunch of MBAs who worked for a real-estate company prior. The listings, marketing, and style of it feels that way too -- and they're listing themselves as a "high-end" product so don't expect it to be cheap. But it does have a professional and clean feel to the whole thing, which may work for some.
The SandBox - I didn't mention this in the video since they don't seem to have a working demo yet, but they have been successful in raising funds from investors as of this week. How they do, is TBD. But it's also proof that there is interest in the space even from an investor's standpoint.
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It's interesting looking at this stuff because the process of buying a "virtual home" itself isn't too different from what you'd do in the real world. (All the way down to height limits too. 😩) The parcel listings look almost exactly like you'd see at a real-estate company, even.
But the political/cultural angle of these trends are interesting, also...historically, arts communities typically get pushed into less expensive neighborhoods as a matter of survival. But eventually their creativity and energy makes it a "cool" place to be, driving up demand. Because of NIMBYism and poor housing/zoning policies in the US, there's literally nowhere for the artists to go...so it seems like many of them have turn to virtual spaces as a place where they can control and present their works. I've long maintained that real-estate is a pretty overrating thing, especially in the US, but never really thought about the possibility of virtual-estate being a direct competitor to the real-estate sector until recently, really.
Metahero (HERO) Will Grow! A Revolutionizer In Gaming The metaverse trend will be a trend throughout the rest of this decade and we haven't even left the start line. Facebook changing it's company name to "Meta" is only the beginning. Metahero is Ultra-HD metascanning technology that scans your physical body into the metaverse. You can even make an NFT of your "metaself." They're technology will revolutionize the gaming world and they have a working product in use. Recently they have scanned over 300 people transferring them to the metaverse in a live event in Dubai.
Metahero is at $0.15 cents with less than a billion dollar market cap at $893,026,038. This is a multi-billion dollar market cap in the future of metaverse gaming. Keep this on your radar and do research! The metaverse trend will only continue to grow in cryptocurrency. Much love! They have a nice uptrend on the charts.
Support: $0.11 cents
Resistance: $0.17 cents
META Platform - Metaverse Mark Zuckerberg's recent announcement that Facebook will be renamed Meta has sparked a lot of buzz around the topic.
The metaverse is an iteration of the Internet portion of virtual reality often in the form of social media.
The metaverse in a broader sense can refer not only to virtual worlds governed by social networks but to the entire spectrum of augmented reality.
Zuckerberg changed the name of the company only, not the brand of the social network. Let's remember how Google became Alphabet 6 years ago. It's the same thing.
What is important is something completely different. How many of you watched the Meta presentation, the primary source of information on what's going on? I think only a few people. In this presentation, the most important information - what is (more or less) specifically invested in the concept of "METAVERSE" in the thoughts and plans of Facebook.
An hour and a half of study can affect what you do for the next 20 years. No kidding. We are on the verge of a breakthrough. Up or down is another question. I have doubts whether a person should take on the role of the creator of new worlds. What exactly is a new big thing that opens up opportunities to jump on a train when it is just starting to move. Therefore, I advise you to watch the presentation! This investment can open up completely new horizons.
fb.watch
During isolation, many people will be willing to try to realize themselves in a new world, re-create themselves (avatars) in the meta-reality and do something. I think this idea will appeal to many people, especially young people who play computer games. Therefore, we are moving along the trend.
A very good example of what is happening now is the Ready Player One movie. It is a 100% reflection of today's trend.
This is not the future that was predicted 50 years ago, but it is one of the variations.
THE Sandbox (SAND) In Accumulation Again SAND has had an amazing pump and interestingly most of the price recognition is occurring at $2.65 cents since the pump. point of control is at Aside from Decentraland (MANA) The Sandbox is the premier Metaverse with many partnerships and even celebrity social recognition. Only a $2,344,562,929 Market Cap at the time writing. I believe SAND will continue to grow throughout this month. We're still in the very beginning of the gaming and metaverse trend. Especially since the Facebook announcement. Keep SAND on your radar throughout the rest of the year. Current local support at $2.50 and keep in mind we're in price discovery phase.
Much peace, love, health, and wealth!
DATS -- Bottoming ahead of national marketing campaignDATS has released a privacy-focused social media app DatChat into the wild with another major rollout planned for this month to go along with the national (US) marketing campaign through Barstool Sports and other major online influencers. App features include screenshot protection, beefed up privacy/security features, self-destructing messages, Apple iMessage integration and many more. Company owns a number of patents that protect its IP. With Facebook and other social media companies facing scrutiny over their usage of private data, this is a perfect environment for new player to come in and to show they do things differently. If stars align and this new app/social network goes viral, sky is the limit given the minuscule $163M mkt cap. For some reference, WhatsApp was acquired by Facebook for $19B USD! Company has over $20M in cash, so there's no need for immediate dilution.
Bottoming chart with strong trendline support. Very similar setup to the previous two times it hit that line before going on a major run. Selling is drying up and MACD is starting to curl for a potential bullish cross. Double Bottom pattern. Successful breakout through previous high would trigger $28 - 30 technical target. This is a potential multi-bagger from current levels.
How Will Meta Monetize The Metaverse?What do we know about the Metaverse?
The Metaverse is a concept (for now). A concept that has motivated Facebook to change its branding to Meta and begin developing the infrastructure of a meta-universe. The drastic pivot that Facebook is attempting to pull off, the Company hopes, will put it at the forefront of the internet’s “next frontier”, just as it was a decade and a half ago when Social Media platforms were maturing.
Facebook/Meta CEO Mark Zuckerberg has called the Metaverse an “embodied internet … where with just a pair of glasses, you will be able to step beyond the physical world… beyond the limits of distance and physics” and engage in rich people-centred experiences.
A simulation of the Metaverse that Zuckerberg demonstrated last week showcased the potential of the platform. In the demo, a group of avatars met in a virtual room, played a hand of poker before being dazzled by a room-sized 3D artwork sent and paid for by A friend of Zuckerberg exploring New York (in real life).
For all the altruistic CEO-speak regarding the Company’s mission to “Bring people together”, Facebook/ Meta will still have to monetize the Metaverse experience. Conquering the next frontier may have to coincide with a new method for generating revenue for the Company.
How will Meta monetize the Metaverse?
A legitimate question that exists is; how will Meta monetize the Metaverse? A model based on highly targeted advertising is what has worked for Facebook in the past. Facebook has reported US $54 billion in revenue so far in 2021, setting the Company on a path for another record year. In contrast, Facebook has booked a comparably paltry US $1.2 billion in revenue in the same time frame from its non-advertising revenue streams, such as the sale of Oculus headsets.
Zuckerberg has maintained that Facebook would always remain free to use. Fortunately, the Metaverse is not yet hamstrung to such a proclamation. Meta should be exposed to more revenue-generating opportunities including, subscription models, hardware sales, ticketing, skins, gaming and pay-to-play models, and SaaS. It might be fair to say there will be a universe of options for Meta to explore.
That’s not to say that Ads can’t be integrated with a metaverse, slotted tidily within the virtual landscape. Meta may even generate a more accurate understanding of their customer base through their metaverse experiences, boosting demand for its ads services as ads become hyper-targeted.
Decentraland MANA/USDT rally after Facebook rebrands to MetaOpened to the public in January 2020, Decentraland is an Ethereum-based virtual world, or metaverse, that is owned by its users and governed through a decentralized autonomous organization (DAO).
Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace.
BINANCE:MANAUSDT
Resistance Zone / Sell Zone
R1: 6.171
R2: 7.271
R3: 8.695
R4: 9.180
Support Zone / Buy Zone
S1: 2.613
S2: 2.006
S3: 1.607
Cheers,
MRHPx/CRACKadabra