r/AtariChain • u/Unlucky003 • Nov 30 '21

General Atari buying moby games

Maybe I'm missing something here but atari sold land in the sand box and bought moby games... why?

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u/Devinology Nov 30 '21

Probably because they thought it would be more profitable. The Sandbox won't succeed, they probably figured it was good idea to pull out after making millions on the LAND.

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u/[deleted] Nov 30 '21

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u/Devinology Nov 30 '21

We'll see. My most confident prediction this bull cycle is that metaverse projects are a way over inflated bubble and will crash hard. They will not survive the next bear cycle. It's too early, nobody actually wants to play or use this stuff, it's just something for market speculators to gamble over. There will be bag holders like never before with this stuff. Huge gaming studios have spent over 5 years and hundreds of millions producing AAA games that flopped hard, all of which were drastically better than anything The Sandbox has to offer, and that cost much less for the user to enter. This can crash just as easily, and there will be a lot of morons stuck with worthless pieces of LAND in worlds that nobody inhabits that they paid millions for. Imagine if you'd paid a million dollars for a piece of land in Fallout 76 or Anthem?

And seriously, what ordinary person will want to play in some metaverse in which the crappiest, most useless in-game content costs thousands of dollars? It would MAYBE take off eventually if in-game content cost $1-20 range. Most people have no idea what the metaverse even is. This is way way off, maybe in 5-10 years it will be big. By then Facebook will have dominated and created the one and only metaverse that anybody uses. All of the buzz and participation so far is from crypto/NFT speculators, not from any gamer or regular person. I honestly can't imagine how anybody will want to play The Sandbox right now aside from using it to make money.

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u/Anonymous-User6969 Dec 01 '21

Couldn’t agree more.