Why I Failed in Crypto and NFT, But Not with Meta Domains
I lost a significant amount of money investing in Crypto and NFTs, especially NFTs. However, this time is different. In this post, I am going to explain why I failed in Crypto and NFTs and why this time is not the same.
There were 10,000 crypto projects and 58.6 million NFT projects.
Actually, it wasn’t entirely my fault. There is no possibility of succeeding with 10,000 crypto projects and 58.6 million NFT projects in any universe. Almost everybody was starting Crypto and NFT projects, and 99.9% of them failed.
I couldn’t find the successful 0.1% projects at the right time.
I invested in many new projects, and almost all of them failed or lost value, even if they were backed by highly popular figures.
Why did I fail in Crypto and NFT, why not in Meta domains
Meta domains are exclusive
Previously, there was only one domain naming system (.com and .net) introduced.
The MetaZ domain naming system has been designed to target the 3D internet, focusing on 3D virtual realities as the second domain naming system after 40 years from the introduction of the first one.
It’s hard to assume that the next domain naming system will be introduced soon, even in the next 10-20 years.
Even if NFT and Crypto had only two successful projects (Bored Ape Yacht Club and Ethereum), the success rate would be 100%.
Early adopters always win
I wasn’t an early adopter in NFT and Crypto. If I could have bought Crypto or NFTs in their early stages, I might have been successful.
However, I missed those early days. But with Meta domains, I was an early adopter. The Meta domain naming system was released only a few weeks ago,
So you and I both have a significant opportunity here.
I spent more in Crypto and NFts
I invested a significant amount in Crypto and NFTs, but this time, I’m only spending $1,000 on Meta domains. Don’t spend more, even if someone promises guaranteed success with any trend.
No real world value
There’s no real-world value for 99% of Crypto or NFTs. While Crypto has some value, the world doesn’t need 10,000 separate payment methods.
Almost every new Crypto is released as an investment, not as a currency. 99.9% of Crypto has no real-world value. In contrast, almost 100% of NFTs have no real-world value.
But MetaZ domains are different. They have been designed to solve a real-world problem. The internet must evolve from 2D space to 3D space.
Future devices like Vision Pro Max already provide spatial computing technologies, and the internet should evolve to accommodate rising AI technologies. The world needs a new domain naming system for the future. It’s a real decentralized concept.
In NFTs and Cryptos we spends for brands, not the concept
As they say, NFTs are decentralized, but almost every NFT has been released by one company or one popular figure. In contrast, with Meta domains, there are many developers and companies competing. MetaZ is not a single owning brand.
Any company can be profitable by releasing the next big Meta domain registrar browser or any other Meta domain release service. Many companies will release services related to Meta domains,
Meta domains represent a concept, not a single brand. In contrast, each Crypto currency and NFT project is a brand developed using the concepts of NFT and Crypto.
In the case of Meta domains, we own something directly from the concept, making it universal. In contrast, with Crypto and NFTs, we own something associated with a brand developed using the concepts of Crypto and NFT.
If we consider NFT and Crypto as concepts, these are very successful concepts recently.
Unlimited supply of NFT and Crypto
According to basic economic theory, if supply is unlimited, demand decreases. But for the domain naming system, it’s different.
If we could generate unlimited domains, we cannot own the best domains such as English dictionary word domains. That’s why the value of English dictionary word .com domains always increases.
In conclusion:
For the reasons mentioned above, there is almost zero possibility of failure with Meta domains. Meta domains are not very similar to Crypto and NFTs; they are more similar to .com and .net domain reselling.
Domain reselling is a multi-billion-dollar industry with almost no losers among early adopters
However, We cannot expect overnight success with Meta domains such as Crypto or NFTs.
The 3D internet must evolve, and more devices like Apple’s Vision Pro Max must be released for this to succeed. Additionally, almost every good domain must be taken, increasing the value of domains.
If you expect overnight success, you may need to choose a new Crypto or NFT project.
However, the future cannot be guaranteed for any trend. So I highly advise you not to spend thousands of dollars on any new trend, including Meta domains.
If you haven’t registered even a single Meta domain after reading this, it could be a big mistake. Use my affiliate link to get your first Meta domain from the best Meta domain registrar site, NameZage.
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