Edit | Yu Bin
Produced by | Chaoqi Network "Yu see column"
In recent years, the metaverse as a new concept has been warmly welcomed by various Internet giants, and the public's attention to the metacosm has continued to heat up. Metacostem concept stocks set off a wave of wild gains in the world financial markets last year. However, a closer look at these hyped so-called "meta-universe" companies can be found that many of them are simply creating concepts, rubbing hot spots, and lacking substantive content.
Since there are companies that create hot spots for concepts, there will be people who use the same means to concoct the same methods. Sun Yuchen can be described as one of the best, in the digital currency, NFT and other new Internet concepts of the hype, we can see his figure.
After the metaverse concept was hyped, he naturally began to exert efforts on the metaverse concept unwillingly. So what is Sun Yuchen's metacosmonic concept? In which areas of the metaverse has he made a difference? Let's unravel the fog together.
Burning money to boost the NFT market, only for "gold mining"
The metacosm is a kind of virtual world that uses various information technologies to establish a virtual world parallel to the real world in virtual space. The technologies needed to build this parallel world include VR/AR device technology that expands reality to achieve an immersive user experience, digital twin technology that projects reality into the virtual world, and digital cryptocurrency technology built with blockchain technology.
Therefore, most companies now develop meta-universe technology basically nothing more than these three types. However, these three types of technology research and development have their own advantages and disadvantages. As far as the VR/AR equipment technology of the development of meta-universe hardware entrance is concerned, this field has broad prospects and high technical barriers, but the capital investment is huge. The development of digital twin technologies that integrate multidisciplinary big data also requires huge capital investment, and requires a lot of technical accumulation and data accumulation.
Cryptocurrency technology built using blockchain technology is relatively low cost and has huge fluctuations in revenue. The reason for the huge fluctuation in the revenue of cryptocurrency technology is the current lack of regulation in the cryptocurrency market.
The mainland strictly prohibits the issuance and hype of digital cryptocurrencies. However, the issuance and speculation of digital currencies in foreign countries lack relevant laws and regulations to restrict them. This provides space for the "currency circle big guys" to cut leeks, and under the impetus of the "coin circle big guys", the price of digital cryptocurrencies fluctuates greatly, many people benefit from this, and many people go bankrupt.
And Sun Yuchen, who is in the United States, is the leader of the "big guys in the currency circle". Sun Yuchen started from speculating in bitcoin, according to himself, he has gained dozens of times the income by relying on bitcoin. He then found that the returns of speculating on other cryptocurrencies alone were limited and risky. Issuing your own coins is a safe and profitable transaction.
So in 2017, Sun Yuchen launched his own cryptocurrency tron (TRON). In order to raise enough investment, Sun Yuchen racked his brains to "borrow" the functions and concepts of almost all cryptocurrencies at that time.
However, at that time, the concept of metacosmology had not yet arisen, and Sun Yuchen did not assign tron coins to the metacosm concept. And last year, the concept of the meta-universe was on fire, and Sun Yuchen also immediately "new bottles of old wine" and linked the tron coin to the meta-universe and began a new round of hype.
Sun Yuchen does not seem to be interested in building a meta-universe hardware entrance. He is eyeing virtual assets in the metaverse concept, or more precisely virtual artworks.
The rise of NFTs (non-homogeneous tokens) in recent years has seen a storm of collections of NFT artworks on the web. As a scarce virtual resource that cannot be replicated, NFTs have considerable investment potential. It is believed that in the metaverse, it can be used as a virtual alternative to concrete artworks in reality, becoming the core asset in the metaverse.
On April 15 this year, the AGENFT Marketplace, an NFT ecological trading platform based on Tron coin, was launched. In order to attract users to the platform, Sun Yuchen can be described as painstaking, he has developed a number of rewards and preferential mechanisms for the APOENFT Marketplace, including rewards for NFT art creators and 0 transaction fees and transaction reward mechanisms for platform traders.
In addition, Sun Yuchen spared no effort to buy a large number of NFT artworks locally in order to play the name of THE AGENFT Marketplace, and donated a large number of NFT artworks to the AGENFT Foundation.
As soon as the APENFT Marketplace went online, Sun Yuchen announced that the monkey head of the 12 zodiac animal heads of the NFT artworks he donated to the APENFT Foundation will be auctioned. This has attracted a lot of attention.
The value of NFT artworks is questionable, and the future of Tron coins is difficult to predict
Under the operation of Sun Yuchen, the Tron coin has risen sharply in recent days, and the price has risen from $0.063 to $0.072. It seems that Sun Yuchen's meta-universe art trading platform has high popularity and strong cryptocurrency technology support.
However, after carefully studying Sun Yuchen's entire metaverse ecology, it is not difficult to find that his development strategy in the metaverse field is still the same as his previous actions in the "currency circle".
First of all, Sun Yuchen's NFT artworks are inherently metaphysical. NFT artworks have been questioned since their inception.
After all, most NFT artworks don't have any practical effect on their own, and their essence is just a few pieces of code, which are displayed in a computer as a video, a picture, or a program. But the inherent irreproducability of NFT artworks gives it room for hype.
However, it cannot be determined that NFT artworks in the future metaverse world must have the value of being hyped up as they are today, and it is still unknown whether other emerging virtual products will be produced in the future metaverse to replace NFTs.
So people who buy NFT art at high prices on the APENFT Marketplace are likely to be trapped at high levels, just like those who bought Tron coins at high levels in the first place.
Secondly, Sun Yuchen donated these NFT artworks, ostensibly for public welfare, but in fact these NFT artworks flowed into his own foundation. The recent AGENFT Marketplace launched the zodiac monkey head NFT artwork, which Sun Yuchen bought at the auction before.
Now it is auctioned again on its own platform, and the beneficiary of the auction is ostensibly the APENFT Foundation. But in fact, the foundation is supported by Sun Yuchen, who himself is likely to take a stake in the foundation.
This can't help but question whether Sun Yuchen's previous high-priced auction of this artwork is a kind of hype, creating a gimmick for today's auction again and raising the final hammer price of this auction. After such an auction, the money may increase in value a lot and return to Sun Yuchen's pocket again.
As for the value of the beast's head, no one would care about it. However, it is certain that other NFT artworks of the Zodiac Beast Head photographed by Sun Yuchen will definitely continue to be auctioned online.
Finally, no one can be sure of the place of tron coins in the future metaverse. Tron coin has the advantages and characteristics of almost all cryptocurrencies on the market in Sun Yuchen's words, and has been added many functions in the process of Sun Yuchen's continuous rubbing of hot spots.
However, as a digital cryptocurrency, Tron coin itself is not very deep in this field of moat, it learns from various other cryptocurrencies everywhere, thus lacking its own characteristics. Many of the functions that Sun Yuchen originally conceived have not been implemented. Therefore, whether tron coins can live to the day when the meta-universe really enters thousands of households is still a question.
In the meta-universe world planned by Sun Yuchen, Tron coin and APENFT Marketplace occupy an important position. Obviously, Sun Yuchen started from the economic field of currency, collectibles, and directly grasping the core assets of the metaverse world. His ambition is to control the core wealth of the future metaverse world.
However, from the above analysis, it can be seen that Sun Yuchen's economic foundation is not solid, on the contrary, their value is almost illusory, and these virtual currencies and NFT artworks, which are ostensibly bought with real money and silver, are actually likely to be worthless.
The meta-cosmic world built on this can only be an illusion in the air pavilion, and as long as there is a slight wind and grass in reality, Sun Yuchen's meta-cosmic world may collapse.
Attacking in the momentum, it is difficult to hide the dilemma of empty shelling
Sun Yuchen's power in the metacosm is not only in cryptocurrencies and NFT artworks. Online games are considered to be one of the most likely platforms to serve as the basis of the metaverse world. Sun Yuchen naturally will not let go of this hot spot. Last year, he promoted a horse racing NFT chain game WIN NFT HORSE. It is reported that the game is based on blockchain technology and provides players with a rich variety of gameplay.
But in fact, the game's graphics are rudimentary, not even as good as the graphics of some console games in the last century. The gameplay is also extremely monotonous. The horses in the game are drawn from the NFT blind box, and each horse race is different, in fact they are all NFT tokens in the game. The main gameplay of the game is to use the NFT horse raced in the game to compete with other players' NFT horse racing to win NFT tokens.
Aside from the NFT gimmicks, it can be said that this game has few merits. The graphics are less refined, the gameplay is single, and the interface is as simple as the 2D games of the last century.
Arguably, the game is sparsely available for players to entertain, there is a serious hollowing problem, and its appeal may only be the ability to win NFT tokens through in-game horse racing.
But that's enough for now, and these NFT tokens are enough to get those NFT fans excited. After all, no one knows whether these NFT tokens will appreciate in the future, and whether they will become millionaires because they have hoarded these NFTs.
But these illusory possibilities alone are enough to fascinate, indulge, and willingly give money and energy.
But if you look to the future, after the metaverse games continue to improve, such games with single models, simple graphics and extremely low production costs will be greatly impacted.
It is foreseeable that the metaverse game field will inevitably intensify the inner volume in the next competition, and the game with exquisite graphics, diverse gameplay and grand world view will lead players into the real metaverse world and immerse themselves in it. Games like WIN NFT HORSE are likely to be forgotten quickly after the barbaric era of metaverse games has passed.
epilogue
Sun Yuchen's metacosmonic concept captures the economic lifeblood and wealth reservoir of the future virtual world. However, the technical accumulation and product quality that support this metaverse world are very weak, which causes his metaverse world to be like a castle in the air, full of beautiful visions, but in the end it is likely to be a big dream.
But Sun Yuchen himself should not care about the future of this metaverse, he is more concerned about where the next outlet is, and how he should lay out the next outlet.