The Weird New “Metaverse Car Industry”

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  • Опубликовано: 6 мар 2022
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    After Facebook announced it's name change to "Meta", metaverse news exploded in popularity. 2021 was also a banner year for NFTs, as their popularity exploded (in certain niche circles). It's not a surprise that this strange trend would sweep the automotive space, as automakers sensed a new avenue for marketing and relevance. But what even is the metaverse, what is Web 3.0? Do automakers really think this will elevate their sales, or is something else going on?
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Комментарии • 1,6 тыс.

  • @oniemployee3437
    @oniemployee3437 2 года назад +2427

    God, I cant wait to be in debt IRL and in-game. Sounds like fun!

    • @davidvalencia129
      @davidvalencia129 2 года назад +88

      Its just like being in debt in animal crossing... Just that this time selling turnips won't be enough lol

    • @maxwellpeter5955
      @maxwellpeter5955 2 года назад +9

      Yay

    • @cafemochaaa
      @cafemochaaa 2 года назад +55

      Just another way for finance bros and tech giants to strangle money outta the lower classes…

    • @slapdoctor707
      @slapdoctor707 2 года назад +5

      With the war going on metaverse sounds like a vacation

    • @Mikel30222
      @Mikel30222 2 года назад +7

      When you go broke in the game, you go broke for real!!

  • @parsafarjammusic28
    @parsafarjammusic28 2 года назад +883

    It's weird how Donut, a channel that talks about CARS gave a better, simpler explanation of the Metaverse than every TECH channel I've seen...

    • @kyzmn
      @kyzmn 2 года назад +38

      Mechanical Engineers On Top

    • @AlicesMazduhs
      @AlicesMazduhs 2 года назад +8

      Ngl I still don’t understand

    • @dbclass4075
      @dbclass4075 2 года назад +32

      @@AlicesMazduhs Think of it as augmented reality to the extreme. Metaverse is a radically new future concept that took time to understand fully. Kind of like how our predecessors struggled to understand the concept of The Internet.

    • @GamerTim3
      @GamerTim3 2 года назад +8

      Roblox Metaverse or Facebook Metaverse, pick one

    • @Matt-my7pz
      @Matt-my7pz 2 года назад +1

      Totally !!!

  • @Dubwubwubs
    @Dubwubwubs 2 года назад +98

    Bro, NFTs as a concept are a scam. Saying "I get that its hard to explain this without making it sound like a scam" is the funniest thing in this video, that is the sole reason for their continued existence.

  • @Sauu33
    @Sauu33 2 года назад +79

    Not gonna lie, I am actually scared of the Metaverse. I do not want this to be our new future, I would rather stay in the real world, not a virtual one. Imagine a world where everyone puts on headsets and doesn't talk IRL. Its just sad.

    • @dbclass4075
      @dbclass4075 2 года назад +4

      I don't think it's virtual reality. It is more like augmented reality to the extreme.

    • @flamigo742
      @flamigo742 2 года назад +1

      well just don't

    • @natemoretz6910
      @natemoretz6910 2 года назад +8

      Nothing will replace real human interaction.

    • @sledge9455
      @sledge9455 2 года назад +2

      Sounds like a movie hmmmmmm

    • @Josh_Quillan
      @Josh_Quillan 2 года назад +4

      It exists already. Imagine a world where everyone sits fondling their phones instead of talking aloud and looking at the world around them...observed any young people recently?

  • @ErrantValerie
    @ErrantValerie 2 года назад +1538

    it's so hard to make NFT's sound like they aren't a scam because they are in fact a scam. in the art space they dont actually do anything more than allow people to steal art to sell it to suckers who will buy it for big bucks. you already own the title to your car, you can already commission artists so why do you need some worse system that gives you no extra protection?

    • @farishanafiah8461
      @farishanafiah8461 2 года назад +100

      Let's also not forget that NFT relies on cryptocurrency.

    • @tag206
      @tag206 2 года назад +140

      lets not call it what is really is. It is money laundering. That is all it is.

    • @Terminated4
      @Terminated4 2 года назад +18

      You do understand that the west is based on high quality scams right? We just need a new scam and this one is a good bet

    • @guycha0s380
      @guycha0s380 2 года назад +39

      Wait till nft collapse

    • @Cody_Hanson
      @Cody_Hanson 2 года назад +35

      NFTs in their current form are weird, but think about it realistically 5 years down the road. The real goal here is to have an instant and immutable digital title. No paper you have to sign and take to the DMV. Ideally, no DMV at all. When you buy or sell private party, just scan the other persons phone, enter details, and boom, the title is transferred. That’s the real impact here. You just have to look past all the weird nerd bullshit going on now.

  • @MikeHowl
    @MikeHowl 2 года назад +682

    The future is very interesting, I just wish we had the 2015 that Back To The Future had

    • @elen5871
      @elen5871 2 года назад +62

      less nft more rehydrated pizza

    • @LeBornMajes
      @LeBornMajes 2 года назад +2

      Meet the robinsons

    • @kaiokendo
      @kaiokendo 2 года назад +4

      Polygonal eater sharks yayyaya

    • @damarfadlan9251
      @damarfadlan9251 2 года назад +1

      @@Qiyokuu yes. Imagine if Hikari Kagura got this.

    • @damarfadlan9251
      @damarfadlan9251 2 года назад +1

      @@kaiokendo Boost Creep shirt seems a ridiculous shirt.

  • @jamesborb4255
    @jamesborb4255 2 года назад +23

    Despite being a computer science undergraduate and working in IT and being enthusiastic about computer science, I despise where technology is heading towards and I'm actually scared of it. As time passes we are more and more isolated and detached from reality and less free, everything is digital, everything is smart, everything is connected, but I feel like we as people are becoming more attached to the tools that supposedly should make us connect with all the people instead of the actual people. Our emotions are all fake, everything is done to appear instead of to feel, dating, friendships, even marriages and having kids are becoming PR stunts for some people.

    • @fitz3540
      @fitz3540 2 года назад +3

      Buy some land, move into the woods, get some goats.

    • @corail53
      @corail53 2 года назад +3

      Wall-e was supposed to be a warning not a blueprint.

  • @scotthildreth9508
    @scotthildreth9508 2 года назад +287

    I love how instead of reducing emissions we’ve designed a whole new way to use as much energy as smaller countries do. Sick environmentalism everyone we did it!

    • @yungboicontigo9278
      @yungboicontigo9278 2 года назад +1

      Call me an idiot but idk how electricity does harm to the environment. Like come on now does EV charging stations just as harmful as mining Bitcoin? Idk man when I think about emissions I think about gas and diesel and smoke

    • @LogansRun314
      @LogansRun314 2 года назад +3

      No worries, Pulsechain will soon fix all of the emission issues of crypto. Literally zero emissions from its use.

    • @chuni2753
      @chuni2753 2 года назад +29

      @@yungboicontigo9278 bc many ways electricity is made also pollutes the environment as well

    • @K0sm1cKid
      @K0sm1cKid 2 года назад +3

      The entire global crypto ecosystem consumes less electricity than 1/10 the consumption of the U.S. manufacturing sector alone. Most of that is consumed by BTC, and BTC doesn't have smart contracts so it has nothing to do with NFTs. NFTs themselves don't consume electricity, the mining of the underlying currency does. Mining crypto also allows the ability for very cheap sustainable sources of electricity to be used when they are locked via geological features. For example: you can't generate thermal-based power from inactive volcanos in every section of the globe. But if you have very cheap power in a remote country from an inactive volcano, BTC can be mined with that power and sold to generate revenue. There isn't as efficient a way to "sell" energy otherwise in a manner that isn't further polluting like selling manufactured goods using said energy.

    • @yungboicontigo9278
      @yungboicontigo9278 2 года назад +1

      @@chuni2753 I’m still confused bro

  • @bladedrummer3498
    @bladedrummer3498 2 года назад +418

    Quitting Facebook a few years ago was one of the best decisions I've ever made.

    • @daigosaito888
      @daigosaito888 2 года назад +30

      I literally got it again after 10years to buy cheap Miata parts

    • @farishanafiah8461
      @farishanafiah8461 2 года назад +2

      Maybe for you, but I definitely can't do that since 99% of my friends are active on Facebook and all online business, including local eateries, around my area are only depending on Meta, particularly Facebook Groups and WhatsApp. If I leave Facebook, it'll bring more difficulty than easiness.

    • @daigosaito888
      @daigosaito888 2 года назад +20

      But its bad. Its so bad. I feel like im in post apocalyptic inbred country each time i log in.
      All for the bargains mate

    • @bladedrummer3498
      @bladedrummer3498 2 года назад +6

      @@daigosaito888 I don't think that counts if you only log in for the marketplace.

    • @PP-360
      @PP-360 2 года назад +11

      i quitted about 8 years ago and still proud of it

  • @jjhoops023
    @jjhoops023 2 года назад +547

    As a photographer, I feel like there is legal precedence for sueing a person who makes money from selling an NFT using your work

    • @MF-rtard89
      @MF-rtard89 2 года назад +117

      There should be. All this NFT/Crypto shit is nonsense. Just a digital wild wild west for scammers.

    • @maudepotvin8660
      @maudepotvin8660 2 года назад +14

      You should have the right to the NFT of your picture, just like you have copyright, or common core, maybe a common core/NFT combination would be nice.

    • @jaybeemhardscrote7466
      @jaybeemhardscrote7466 2 года назад +10

      Yeah, like that's messed up. You aren't supposed to use a picture for pretty much any reason without paying for it or getting permission from the person who created the picture.

    • @javierortiz82
      @javierortiz82 2 года назад +1

      That's if he can be individualized.

    • @no_lft_shft
      @no_lft_shft 2 года назад +1

      For real. I seen someone but the very first tweet or something for millions. Like who sold that in the first place?

  • @Timmymtd
    @Timmymtd 2 года назад +24

    Hyundai’s vision of the metaverse sounds like an acid trip.

  • @farishanafiah8461
    @farishanafiah8461 2 года назад +133

    I still see no problem going outside and meet real people. If anything, you can make more new friends and connections, even indirectly helping the communities.
    As for the automotive industry itself, I do like BMW's application of Metaverse. That can saves loads of time for after-sales service.

    • @miniskitproductions6955
      @miniskitproductions6955 2 года назад +9

      BMW's implications are realistic and generate really valuable data about the production in their factories

    • @corail53
      @corail53 2 года назад +2

      The sad reality is people have become so engrossed with being online that it has become their identity and only social means. This is how we ended up with a lot of young angry men whose views on say women have been horribly warped because of porn, social media etc. People are starting to lack common social interaction skills and when it goes south those people get angry.

    • @farishanafiah8461
      @farishanafiah8461 2 года назад

      @@corail53 Couldn't agree more. They thought they can do everything by just being online.

  • @DADnRN
    @DADnRN 2 года назад +256

    Nolan losing his collective SHIT regarding “it’s all… APES….” is my favorite part of this month so far. Such an old soul trapped in a mid twenty-year-old body 🤣🤣🤣🤣

    • @yungboicontigo9278
      @yungboicontigo9278 2 года назад +9

      Nolan is the only donut media member I like. He’s chill, and also he’s against NFT. Nft sucks!

    • @damarfadlan9251
      @damarfadlan9251 2 года назад +3

      Nolan and James are the only 2 Donut media members that i like.

    • @yungboicontigo9278
      @yungboicontigo9278 2 года назад +2

      @@damarfadlan9251 James pumphery isn’t that bad but he’s cringe sometimes. Nolan is chill. It’s the reason why I love wheelhouse. B2B is good but their Wednesday series pro vs diy or whatever that’s called it’s really boring IMO. Up to speed is back but the older up to speed is better. New one is really boring IMO. D list is the only good James show but the way he uses the monolith by sticking the thing in to the monolist gives me ocd

    • @UlyssesCoto
      @UlyssesCoto 2 года назад +1

      Basically digital baseball card collecting, but as a kid we ripped the image & altered it in photoshop.
      This generation would rather spend money on images and imaginary items than tangible items.

    • @tungabunga4107
      @tungabunga4107 2 года назад

      @@yungboicontigo9278 i liked the old b2b better

  • @brandon6110
    @brandon6110 2 года назад +107

    I either want to avoid NFT's all together or start scamming people...

    • @dhess34
      @dhess34 2 года назад +25

      Those are the only two things *anyone* can do with NFTs.

    • @kylehill9653
      @kylehill9653 2 года назад +2

      @@dhess34 well ig the third option is to be one of the weirdos buying these things to actually have them

  • @xzefpher
    @xzefpher 2 года назад +80

    Really liking these off topic discussions while still tying in the car world. Keep it interesting!

  • @ryurc3033
    @ryurc3033 2 года назад +35

    Keep telling folks to go outside. Me and my son have been wandering in the woods with our 1/10 scale rc crawlers for a couple years now. You can get into it fairly cheap( compaired to 4wheeler, side by side, or off road 4x4 truck) and it has kept us walking, sometimes for miles without realizing it, just trying to drive our little rock crawlers anywhere they can climb.

    • @0Rookie0
      @0Rookie0 2 года назад +2

      And current battery tech has made them last for literal hours! It's frankly amazing.

    • @ryurc3033
      @ryurc3033 2 года назад +2

      @@0Rookie0 literally miles. I bet I've put 200 miles on my trx4 over the last 3 years.

  • @TheMarslMcFly
    @TheMarslMcFly 2 года назад +23

    Nolan starting to talk about BMWs Regensburg Factory catched me so off guard, I had to rewind like five times to check if I really understood him correctly. Greetings from Straubing, only 40kms away from Regensburg and home of the second biggest Volksfest after the Oktoberfest. :D

  • @Lavasioth
    @Lavasioth 2 года назад +29

    Thank you SO MUCH for a skeptical take on NFTs, Metaverse, and Crypto. Watching creators I enjoy slowly fall prey to the allure of this bullshit sucks.

  • @blkmskpvd
    @blkmskpvd 2 года назад +9

    Appreciate you suffering through this topic for us, since I already bought a truck and moved out into the middle of nowhere.

  • @jacksonbohlender
    @jacksonbohlender 2 года назад +8

    "If you've been out of the loop, or maybe just focused on things that exist in the real world" ... that is a stellar burn

  • @NickVetter
    @NickVetter 2 года назад +19

    Who would have thought that a car channel would explain metaverse and web3 the best I have heard it.

  • @scrap_monkey695
    @scrap_monkey695 2 года назад +28

    The meta verse is gonna fail so hard and its gonna be so funny

    • @rad1ist
      @rad1ist 2 года назад +6

      It’s like buying air !

    • @slimydime
      @slimydime 2 года назад +3

      *Lorax intensifies*

    • @facusan2339
      @facusan2339 2 года назад +1

      Wait until somebody tries to sell a bridge in the metaverse. I'm pretty sure somebody will buy it!

    • @rad1ist
      @rad1ist 2 года назад +1

      @@facusan2339 that’s a great idea I. Building a bride in and outta mettaverse lmao

    • @dbclass4075
      @dbclass4075 2 года назад

      Careful, should a minute chance that it does succeeds, you might have a hard time adapting. In other words, succeed or not, deal with its aftermath accordingly.

  • @robbybailie1294
    @robbybailie1294 2 года назад +9

    I can’t believe Donut Media just explained NFTs and the Metaverse to me.

  • @mattjhann
    @mattjhann 2 года назад +29

    Ok so I'm struggling to understand why all of this is called 'Metaverse' and not just plain old 'VR'? All of this tech and these use cases were around and being used before Zuckbot-9000 announced the Metaverse.

    • @Amy-dq2lg
      @Amy-dq2lg 2 года назад +12

      Marketing

    • @janiewiemstary8710
      @janiewiemstary8710 2 года назад +2

      marketing. and yet another thing to f this world up even more

    • @markoz673bajen8
      @markoz673bajen8 2 года назад

      Skynuts

    • @mroversteer3739
      @mroversteer3739 2 года назад

      They use fancy words because they want your interest, and then your money. Or as what everyone else in the comment section said, *Marketing*

    • @dbclass4075
      @dbclass4075 2 года назад

      I don't think virtual reality fits. It looks more like augmented reality to the extreme.

  • @cgalvin717
    @cgalvin717 2 года назад +34

    Excellent breakdown of really the whole concept of Web3 and the whole mess with NFTs.

  • @k1rb0i
    @k1rb0i 2 года назад +50

    damn, time to steal more NFTs.
    screenshooting hyperlinks is better than buying them 🤣

  • @aleksandrekatsitadze6687
    @aleksandrekatsitadze6687 2 года назад +27

    Thank you for covering the metaverse project in this video, really trying to up my knowledge regarding them. It is crucial to distinguish short and long term projects, there are hype projects which can never live for a longer period time and either damage you or build you, all in short term. However, there are insane projects with longer development plans - for example Meta Triads combines fashion, metaverses and physical world. All while providing ownership of a project to it's holders, crazy stuff must be coming in 2022 overall with the utility NFTs.

    • @georgemartin2835
      @georgemartin2835 2 года назад +1

      It's not too late bro.

    • @georgexaratishvili2080
      @georgexaratishvili2080 2 года назад

      I'm following them quite some time for now and I am amazed by its upcoming features, especially the art is something very unique, so I think that Meta Triads will be successful

    • @MrGBean-gt9uw
      @MrGBean-gt9uw 2 года назад

      I can't believe they are just so awesome 🤩

    • @MrGBean-gt9uw
      @MrGBean-gt9uw 2 года назад

      I can't believe they are just so awesome 🤩

    • @readboy455
      @readboy455 2 года назад

      I like Meta Triads a lot.
      the art is amazing, it has a great team and a growing community, so I can't wait to see it in the top ranks.

  • @xxboywizardxx9573
    @xxboywizardxx9573 2 года назад +53

    Nolan is the first person I was willing to actually listen to explain NFTs. The whole video was highly informative and I’m really interested to see what Hyundai is able to deliver on in the coming years.

    • @MH5tube
      @MH5tube 2 года назад +16

      watch the Folding Ideas video about NFTs, it's all super shady

    • @lotuscaterham20
      @lotuscaterham20 2 года назад +7

      NFTs are a scam

    • @saimamerzougui7981
      @saimamerzougui7981 2 года назад

      ruclips.net/video/XihPq-sYWF0/видео.html

    • @theodoresweet3610
      @theodoresweet3610 2 года назад +2

      Mrwhosetheboss also has a very good video explaining NFTs, I would definitely give it a watch

  • @arcticfoam5480
    @arcticfoam5480 2 года назад +27

    I don’t mind your guys’ ads because most of the time you guys ad your own little bite and pieces of humor into them and make it much easier to watch

    • @dustinsteinle7804
      @dustinsteinle7804 2 года назад +2

      Even if I'm burnt out on the ads they add the yellow time bar at the bottom to make skipping a couple seconds ahead super convenient. I appreciate how they do that a lot.

  • @Im_Nick_
    @Im_Nick_ 2 года назад +124

    You guys actually did a great job explaining the mess that is NFT’s and crypto. I feel this is all part of the big picture that is the boredom from COVID. Same reason there are $20,000 240sx’s with 250,000 miles on them.
    Anyways, love you guys. Keep up the great work!

    • @GhillieGunsen
      @GhillieGunsen 2 года назад +7

      Yeah I hate this new nft/meta bs but the video produced was still quality

    • @-WhiskeyAndSteel-
      @-WhiskeyAndSteel- 2 года назад

      I don't think drift tax is related to covid boredom though.

  • @RjWolf3000
    @RjWolf3000 2 года назад +2

    Hmmm, flying cars, jet packs, immersive virtual worlds…. Things predicted for years that never seem to happen

    • @corail53
      @corail53 2 года назад

      Yep things they have been predicting since the 1960s

  • @hyogomarume8345
    @hyogomarume8345 2 года назад +9

    One of the simplest explanation of the whole Web 3.0, NFT, etc I’ve seen. This should be played at a TED conference cuz all the so called experts never came close to this content. Well done Nolan!👏👏👏

  • @Bonk12381
    @Bonk12381 2 года назад +30

    I finally saved enough money to buy a 1 bd 1 bathroom 300sqft condo in the meta verse by selling NFTs.

    • @rad1ist
      @rad1ist 2 года назад +2

      Ahahahaahaah all while sitting on ass In the house doing absolutely nothing but pressing keys ahahahaababa

    • @affectedrl5327
      @affectedrl5327 2 года назад +2

      L

    • @Bonk12381
      @Bonk12381 2 года назад +3

      @@rad1ist what are you talking about in the meta verse I'm a big business CEO.

    • @rad1ist
      @rad1ist 2 года назад +1

      @@Bonk12381 I bet you are big fella!

    • @Bonk12381
      @Bonk12381 2 года назад +1

      @@rad1ist Huge. You see my profile picture? That's me from our last board meeting. I'm massive.

  • @johku3733
    @johku3733 2 года назад +14

    The Metaverse is a joke

    • @scotthenrie5148
      @scotthenrie5148 2 года назад +1

      Is *Metaverse* the start of *The Matrix?!*

  • @soulknight89
    @soulknight89 2 года назад +3

    I wonder if my 2014 Corolla with scratched up clear coat will make a selling NFT picture. :D

  • @EricGranata
    @EricGranata 2 года назад +11

    I’m ready for NFTs as we commonly know them to go away so that we can find a legitimate use for the tech.

    • @corail53
      @corail53 2 года назад +1

      There is no legitimate use for the tech. It is literally a not great solution with no problem/use case.

    • @Christopher_TG
      @Christopher_TG 2 года назад +1

      That's how I feel about cryptocurrencies and blockchain. Blockchain as a technology has a lot of potential in regard to the speed and security of digital transactions. Cryptocurrencies are digital Dutch tulips that are a blight on international commerce.

  • @blaisecossell9053
    @blaisecossell9053 2 года назад +18

    can Jeremiah make a video about the difference between asphalt on the street compared to asphalt on race tracks and drag strips? are they the same or are they different and if they are different, what makes them different? curious

    • @blaisecossell9053
      @blaisecossell9053 2 года назад +1

      and how it affects grip

    • @ryze9153
      @ryze9153 2 года назад

      Tracks and drag strips are usually tarmac I think.

    • @michaelallen2501
      @michaelallen2501 2 года назад +5

      It's all the same. The difference is race tracks have lots of rubber laid down by previous racers. That's where the traction difference lies. A "green" or freshly paved track is slippery, just like the streets. Takes a few races to bed in some rubber before it has good grip. Drag strips are covered in a substance that acts like glue to promote traction. But the underlying asphalt/concrete is all the same.

    • @blaisecossell9053
      @blaisecossell9053 2 года назад +1

      @@ryze9153 i could easily look it up but im shooting them an idea for a good video'

    • @blaisecossell9053
      @blaisecossell9053 2 года назад +1

      @@michaelallen2501 i just wana see them make a video on it

  • @bruhnt5063
    @bruhnt5063 2 года назад +19

    Day 304 of asking Donut to bring old B2B back

    • @MrCommentGod
      @MrCommentGod 2 года назад +2

      Day 304

    • @Mr-pn2eh
      @Mr-pn2eh 2 года назад +2

      I agree. Today's b2b should be renamed science or engineer garage.

  • @AlessandroGenTLe
    @AlessandroGenTLe 2 года назад +2

    I still consider myself lucky to be able, during my adolescence, to put my hands on heavily modified mopeds, hang outs with friends (REAL PHYSICAL friends), and not lose my days in a stupid virtual reality...

  • @gaydes1012
    @gaydes1012 2 года назад +2

    if it's hard to describe in a way that doesn't make it sound like a scam than it's a scam

  • @captlazer5509
    @captlazer5509 2 года назад +4

    I want a flying Jetson car with a bubble roof, a tail fin and folds into a brief case. Come on Metaverse. Sadly still waiting.

  • @twofacemx5317
    @twofacemx5317 2 года назад +25

    The more bull crap like this happens the more I want to run away to Montana and start a ranch and have no technology at all…
    Anybody else

    • @motorista_ramon
      @motorista_ramon 2 года назад

      the bots agree .....

    • @WastdTrashPanda
      @WastdTrashPanda 2 года назад +5

      I'm actually preparing to do something similar lol, society has become absurd and not in a comedic type of way.

    • @andreisouzabento7506
      @andreisouzabento7506 2 года назад

      @@WastdTrashPanda Man i don't have anything against Technologies, but the humanity see static in the same place... 20 years and we don't see any new things...

    • @corail53
      @corail53 2 года назад +1

      Sorry but Montana is currently having booming real estate prices as speculators from around the country are snapping up cheap land in hopes of increasing prices for investment purposes. I would suggest going to a more run down more remote place.

    • @gjenkins1660
      @gjenkins1660 2 года назад

      I can't remember which state, I think Iowa is literally giving people free land if they build a house on it.

  • @graham1034
    @graham1034 2 года назад +3

    NFTs of random images are 100% a scam. You don't end up actually owning anything other than the exclusive right to that image on that specific platform (which is essentially meaningless). Someone else could take that exact same image and sell it on every other NFT platform (and any future ones) regardless of who "owns" it. The worst part is that the NFT isn't even for the image, it's for a URL pointing to the image. The underlying domain, server, image, etc are all totally out of your control and could be removed or changed at any time with no recourse. So someone could upload the same image to another URL and sell it there as well.
    NFTs are likely to be a valuable technology in the future but, much like cryptocurrencies, virtually all current applications will become completely worthless. It seems to me that people just have a fundamental misunderstanding of how blockchain works. They get overhyped about future applications without thinking through the limits of the current implementations.

  • @PWN_Nation
    @PWN_Nation 2 года назад +16

    Correction: NFTs are solely LINKS to a placeholder on the web where a piece of are is purported to be stored.

  • @dankava13
    @dankava13 2 года назад +24

    "more technobabble than the manual for the Rocinante", I love it
    But also NFTs are a joke and the implications of having them be used everywhere are absolutely terrible

  • @Roblockhead
    @Roblockhead 2 года назад +10

    Nolan drops "Neopets" and I'm like "he's one of the real ones"

  • @Taytayflan
    @Taytayflan 2 года назад +2

    I have a hard time correlating BMW's venture described here with "Metaverse" shenanigans. They made a VR representation of their factory (which is super cool and I get the use) that can hook in to their robot fleet. It seems pretty normal for the day and not very "verse"-ish.

  • @ereder1476
    @ereder1476 2 года назад +15

    7:05 this is innacurate: the blockchain can't hold that much data. What you own is a link toward a database. that database isn't on the blockchain. Only the link/adress leading to it.
    NFT = buying a treasure map but not the treasure.

  • @piccolo6590
    @piccolo6590 2 года назад +10

    Am I the only one that thinks the Metaverse is really dumb?

    • @cranklabexplosion-labcentr8245
      @cranklabexplosion-labcentr8245 2 года назад +4

      Not at all. Facebooks decline fell even harder when they announced meta

    • @2d_enjoyer
      @2d_enjoyer 2 года назад +7

      It’s just vrchat with less the fun

    • @piccolo6590
      @piccolo6590 2 года назад

      @@2d_enjoyer EXACTLY

    • @farishanafiah8461
      @farishanafiah8461 2 года назад +2

      You're not alone.

    • @dbclass4075
      @dbclass4075 2 года назад +3

      It's essentially augmented reality to the extreme. The concept it fine, its practical application is unrealistic (at least on the current technological level).

  • @cartierglizzy6641
    @cartierglizzy6641 2 года назад +5

    “Neo pets?” Thanks for reminding me about the dog and turtle neo pet I’ve abandoned a decade and a half ago

    • @KingLarbear
      @KingLarbear 2 года назад

      It says that mine will be 17 on May 5th

  • @bene.100
    @bene.100 2 года назад +2

    And here we were thinking the Forza car pass was overpriced. You actually get to kind of drive those...

  • @Yourmission9
    @Yourmission9 2 года назад

    Excellent video, great explanations, you guys are awesome!

  • @StellariumSound
    @StellariumSound 2 года назад +3

    10:20 It's almost as if the car companies that are claiming to go green by switching to EV only cared about money all along?

  • @cranklabexplosion-labcentr8245
    @cranklabexplosion-labcentr8245 2 года назад +6

    “I’ve seen the future and I’ve left it behind.” - Ozzy

  • @Traceghostcoasttocoast
    @Traceghostcoasttocoast 2 года назад +2

    Imagine driving your BMW in the meta verse and it still overheats and comes with plastic parts and sensors

  • @galgehorn
    @galgehorn 2 года назад +1

    This was really well done everyone! Informative and entertaining. Nolan, you knocked it out of the park!

  • @justinleonard6183
    @justinleonard6183 2 года назад +4

    How exactly am I supposed to virtually repair cars

  • @leaverpool8059
    @leaverpool8059 2 года назад +3

    Wasn't aware of this NFT, but it has all the red lights for being the best scam tool. And seriously, not every ideas of uncontrolled transaction is the best new things. People seems to be more and more gullible...

    • @corail53
      @corail53 2 года назад

      It is called people are more desperate than ever before and crypto/nft is what they think will lead them to riches.

  • @dubtechbrotherstv5744
    @dubtechbrotherstv5744 2 года назад

    A very complex subject, tightly and entertaining explained! Nice 👍

  • @JakeCovert
    @JakeCovert 2 года назад

    Really good journalism and thoughtful commentary. Much appreciated.

  • @chartaiwan
    @chartaiwan 2 года назад +11

    I’m starting to share these videos in my LinkedIn. You guys are doing an amazing job informing people. Thanks for the note on the carbon footprint of cripto

  • @Dragongaming-sf2wx
    @Dragongaming-sf2wx 2 года назад +6

    Love your videos 🤙 keep at it guys, wish I wasn’t in Canada sometimes 😂

  • @relmdrifter
    @relmdrifter 2 года назад

    13:30 YES! Love those Hi Low Tacoma's. Cant wait to hit the trails again!

  • @sammarcum4931
    @sammarcum4931 2 года назад

    Great advice, Mr. Sykes.

  • @karbengo
    @karbengo 2 года назад +3

    Remind me of the time I made my own car ins second life, model, texture and script.

  • @thatinvisiblejedi
    @thatinvisiblejedi 2 года назад +3

    So uh, could there be a chance that sometime in the near future that people with specialized i.e. manually operated/manual vehicles work to stop self driving or rogue ai vehicles?
    (Im referencing éX-Driver, if anyone is familiar with the plot)

  • @gregvergilio6967
    @gregvergilio6967 2 года назад

    Love the ending. LOL, "Go out side "

  • @arfdog70
    @arfdog70 2 года назад

    Nolan you make the best videos, i’m always looking forward to what imma learn.

    • @covidnineteen4304
      @covidnineteen4304 2 года назад

      Perhaps he could do a video on how to type proper english.

  • @richardwolf7696
    @richardwolf7696 2 года назад +9

    Imma be honest. This type of stuff is not a world I wanna live in. Maybe for my grandkids in 50 years. But not now

    • @MF-rtard89
      @MF-rtard89 2 года назад +2

      I'm in the same boat. I thought those Bluetooth ear pieces from the 2000s were douchebaggy, this metaverse/nft/crypto shit is next level

  • @kanekatsu_
    @kanekatsu_ 2 года назад +4

    we need a D-List on the best looking F1 cars!

    • @basshead.
      @basshead. 2 года назад

      McLaren F1
      McLaren F1 GT
      McLaren F1 GTR

    • @davidvalencia129
      @davidvalencia129 2 года назад

      @@basshead. Sigh.........

    • @basshead.
      @basshead. 2 года назад

      @@davidvalencia129 The P1 is not an F1.

  • @Taylor-xc6pr
    @Taylor-xc6pr 2 года назад

    This video was solid and informative, but the last 8 seconds was exactly what I needed to hear right now. Love you guys 🤘

  • @shagirani5518
    @shagirani5518 2 года назад +1

    Your content never disappoints.

  • @jahanzebrr
    @jahanzebrr 2 года назад +6

    Thing is, Everything works on a presentation😂😂.. in real life things can be quite challenging, I do like how there are tools to design and develop certain things, a simulator/AR/VR and work out on the errors before you develop them in real life, that's useful

  • @knightwingo2089
    @knightwingo2089 2 года назад +3

    NOT NFTS IN DONUT

  • @daveybuckley117
    @daveybuckley117 2 года назад

    Yoooo hard shot out for RuneScape bro ! And neopets ?! Damn. Thumbs up.

  • @captainjpz
    @captainjpz 2 года назад

    Great video!

  • @JohnsTinyWoodshop
    @JohnsTinyWoodshop 2 года назад +3

    I've learned more about NFTs from this video than I have from the last year. And it's still total nonsense.

    • @schnuffelpuff3923
      @schnuffelpuff3923 2 года назад

      The weird thing about NFT's is that you don't even own the picture as it's usually not even uploadet to the Blockchain, you only "own" the Link to a image hosting site that stores the picture.

    • @wama2002
      @wama2002 2 года назад

      @@schnuffelpuff3923 what’s the difference if you don’t mind me asking.

    • @schnuffelpuff3923
      @schnuffelpuff3923 2 года назад

      @@wama2002 The Blockchain is permanent and the prices of it's storage space is insanely high, basically nobody can ever delete something that got uploaded to it. On Imgur as a sample, everything can just be deleted by the uploader or the site itself and then it's gone.

  • @reilandeubank
    @reilandeubank 2 года назад +5

    Wow i am only 19 but this makes me feel like a 50 year old man because this all seems incredibly useless and has no practicality other than companies enjoying using buzzwords

    • @mrwhips3623
      @mrwhips3623 2 года назад +2

      I'm 18 and we boomers. Now get off my fkin lawn and get a job! Lol

  • @mollymarsgal3377
    @mollymarsgal3377 2 года назад +1

    I'm loving that Nolan is an Expanse fan. Beltalowda!!

  • @pyroVoid
    @pyroVoid 2 года назад

    Never thought I’d see RS mentioned in a Donut video

  • @AsianMontana
    @AsianMontana 2 года назад +4

    This is actually a very informative video! One of the best explanations of these technologies I've seen.

  • @zoeylamant8298
    @zoeylamant8298 2 года назад +7

    This “carbon emissions” are almost as scary as the monster under your bed. Hopefully one day we can just do away with all carbon. That’a ideal for carbon based life forms.

    • @fgaze72
      @fgaze72 2 года назад +1

      tell me you don't understand chemistry without telling me you don't understand chemistry

  • @summerslider2487
    @summerslider2487 2 года назад

    Great job Donut media

  • @-Jethro-
    @-Jethro- 2 года назад

    Loved the “Just go outside” message at the end. Let’s do that!

  • @chillbeats1337
    @chillbeats1337 2 года назад +3

    Hyundai is pronounced Sunday but with an H.

  • @Qunia
    @Qunia 2 года назад +3

    Companies investing in a “metaverse” is like literally the fastest way to go bankrupt,
    I mean, you can’t convince people to live in VR for the rest of their lives, and I don’t see Web-3 being a viable thing for literal decades.

    • @corail53
      @corail53 2 года назад

      Once interest rates skyrocket and these companies can no longer get cheap loans I imagine we will see a lot of this nonsense dissappear.

  • @ADMINM-ld7vu
    @ADMINM-ld7vu 2 года назад +1

    genious idea, get the 3d models from those digital car factories and make them mods

  • @jimmygurtner1053
    @jimmygurtner1053 2 года назад

    Illustrates so good how I feel about all this metaverse and NFT stuff. As Nolan concluded, nothing beats real life.

  • @warroror
    @warroror 2 года назад +4

    NFT car 🗿

  • @michaelallen2501
    @michaelallen2501 2 года назад +16

    People who work in IT avoid smart devices. People who work on cars avoid owning the newer shit unless it has an extended warranty. "Progress" isn't always what it seems. I couldn't be less interested in the metaverse. Simply using that word in the title was enough for me to dislike and hide this video lol. See ya on the next one!

    • @speedracer2please
      @speedracer2please 2 года назад +4

      It didn't feel like they're promoting it or anything, just a good explanation. And it ends with "you know what, maybe go outside" lol

    • @duomaxwell5807
      @duomaxwell5807 2 года назад +6

      Another fake world ....this virtual reality nonsense gona be the end of us..

    • @TacoInvader69
      @TacoInvader69 2 года назад +5

      They are actually quite critical in this video, you maybe want to give it a watch!

    • @michaelallen2501
      @michaelallen2501 2 года назад

      @@TacoInvader69 you guys have convinced me to give it a go. That and there's not much else out today to watch and I finished shoveling the driveway. I shall come back inside and give it a go lol.

  • @trailblazer8380
    @trailblazer8380 2 года назад +1

    Sweet, a "The Expanse" reference!!!

  • @druwilliams6570
    @druwilliams6570 2 года назад

    Construction in general of anything could use vr/meta verse stuff to a degree.

  • @GuninGames
    @GuninGames 2 года назад +5

    I really would be on board for this it would be very helpful to teach people about cars by making it virtual so there is no risk of breaking a $60,000 vehicle, but this is all absolutely ridiculous, the metaverse just needs to remain as video games, we don't need all these liberal schemes to try and reinvent the world that isn't broken.

    • @farishanafiah8461
      @farishanafiah8461 2 года назад +2

      I definitely can see introverts having an appeal with Metaverse.

    • @thelordpotatoesorjtswagste1945
      @thelordpotatoesorjtswagste1945 2 года назад

      As a leftist, it's not a liberal scheme. It's a tech guy scheme. Crypto and nfts are all scams

  • @breadcs6089
    @breadcs6089 2 года назад +6

    Im secretly gay but the comments will hide it

  • @trlandrum
    @trlandrum 2 года назад +1

    @Donut Media
    It would be super cool to see you guys do an up to speed on tractor pulling/sled pulling considering it’s the worlds most powerful motor sport, and well,
    More Powah Babeh!

  • @shaider1982
    @shaider1982 2 года назад

    Nice the Expanse reference🤣👍

  • @jetstreamdefalpha5411
    @jetstreamdefalpha5411 2 года назад

    Hi!
    Happy birthday, Issac. Dady sure loves his little big man.

  • @TheIcyWulf
    @TheIcyWulf 2 года назад

    1:01 I feel like the fact that your glasses stayed on is much more impressive, Nolan.

  • @taylorkong6778
    @taylorkong6778 2 года назад

    props for not being afraid to get into the nitty gritty, even if there are some who won't understand the context of the NFT situation it's nice to hear a different perspective on the idea. thought this was a really well made and well thought out video keep it up kings and drive my 08 accord 3.5 v6 shit rips ass

  • @welkman69
    @welkman69 2 года назад

    Thx for the shoutout to OSRS. Rippin dat motherload mine rn!