Uncover the scams of the Metaverse project, enhance the awareness of risk prevention, and avoid stepping on the pit

Time:2022-9-22

In 2021, the concept of the metaverse has entered everyone's field of vision in such a rapid manner, it seems that "everything can be a metaverse". 2021 is also known as the first year of the Metaverse. The landmark event is that a game company called Roblox listed on the New York Stock Exchange and became the "first stock of the Metaverse". Few industries are rendered as magical and futuristic in life like the Metaverse; the Metaverse suddenly became popular, and the foreign social giant Facebook changed its name to Meta, which is the prefix of the word Metaverse (metaverse), indicating that it is going to be from a social media. The company has been transformed into a Metaverse company; the virtual beauty blogger "Liu Yexi" has attracted more than 5 million followers in just a few days after its account was launched; Alibaba, Tencent, ByteDance and other big Internet companies have expressed their plans for the Metaverse…

In addition to the entry of major manufacturers, the A-share market has also set off a wave of upsurges. Many metaverse concept stocks have been trading at the daily limit. On March 10, 2021, the game company Roblox was listed on the New York Stock Exchange. The stock price rose 54.4% on the first day, and its market value exceeded $40 billion, a 10-fold increase from its valuation of $4 billion a year ago. While the concept of the metaverse is hotly hyped, it has never ceased to be questioned and controversial. In December 2021, CCTV exposed the scam of the Metaverse blockchain game. It is reported that there are many blockchain games on the market, attracting investment in the name of high income, but in fact it is only promoted by Metaverse hype. 's scam. In these so-called metaverse blockchain games, users are required to convert RMB into virtual currency such as USDT, and then into virtual currency that can be used in the game, and the so-called "virtual currency" is essentially an unapproved illegal public financing. Suspected of illegal issuance of securities, illegal fundraising, financial fraud, pyramid schemes and other illegal and criminal activities. In fact, many metaverse chain games advocated on the Internet are just hype and promotion scams based on the concept of the metaverse. Many block games are small web games with extremely low development costs. For external publicity, you can make money while playing the game. The essence is to hold After entrants funds to fill the hole.

In fact, these are nothing, and what is more exaggerated is the real estate speculation in the Metaverse. On an official Twitter last year, virtual real estate developer Republic Realm confirmed that it purchased a virtual land on The Sandbox for a record $4.3 million, setting a record for the highest transaction of $4.3 million (about 27.3 million yuan). In the virtual world community, the most representative is Decentraland, where users can develop and own land, artwork and non-fungible tokens NFT, and the owner of the land, that is, the landlord, can fully control the content created by himself Environments and applications, ranging from a static 3D scene to an application or game with more interactive functions, these lands can further form themed communities, thus forming diverse interest tribes and shared spaces with rich uses. In Decentraland The platform has designed a total of 90,000 plots and will not increase in the future, which ensures the "scarcity" of land. The price of land sales has continued to hit new highs, and a piece of land has even been purchased for a sky-high price of 2.4 million US dollars. Lin Junjie and Shawn Yue have also bought virtual real estate with a lot of money, and these constantly refreshed "astronomical prices" and the purchase of celebrities. Keeping these Metaverse real estate hot all the time has become a good soil for hyping up the Metaverse real estate to make money.

In order to prevent some criminals from rubbing the hot spot, they absorb funds under the names of "Metaverse Investment Project" and "Metaverse Chain Tour", and are suspected of illegal fundraising, fraud and other illegal and criminal activities. On February 18 this year, the China Banking and Insurance Regulatory Commission issued a risk warning on preventing illegal fundraising in the name of "Metaverse", and listed 4 kinds of fraud routines in detail. The first is to fabricate false Metaverse investment projects. Metaverse blockchain game banner fraud; the third is malicious speculation on Metaverse real estate to make money; the fourth is to engage in Metaverse virtual currency for illegal profit in disguise.

From the proposal to the development of the Metaverse, related products and services have shown a trend of rapid expansion. It often becomes a new cover for gangs such as "illegal fund-raising" and "pyramid sales". They use the Internet, offline conference marketing and other methods to carry out illegal publicity. The essence of the metaverse, raise awareness, carefully identify the true and false metaverse, refuse to participate in all illegal financial activities such as token issuance financing and virtual currency speculation, enhance risk prevention awareness, and beware of being deceived.

Risk warning: This article only discusses cutting-edge technologies, and the targets involved are not recommended, value judgments, or investment advice!