Sunday, February 27, 2022

HTC Endures Customer Backlash Over Metaverse Plans

Shutterstock cover by leungchopan.

Key Takeaways

  • HTC Vive, the virtual truth brandname of HTC Corporation, has exposed a Metaverse item called Viverse.
  • The Viverse supports the usage of Bitcoin and Ethereum to permit the purchase of NFTs and other Metaverse-related services.
  • The launch got criticism from users who disapproved HTC's usage of NFTs and crypto possessions.

HTC VIVE has got unfavorable responses from users grumbling about its prepared application of a Metaverse.

HTC Riles Up Users Over ‘Viverse’

HTC’s Metaverse strategies have not been favored by numerous of its users. 

HTC VIVE, the virtual truth brandname at HTC Corporation, exposed a Metaverse item called Viverse on Thursday. The Viverse supports the usage of Bitcoin and Ethereum to enable the purchase of NFTs and Metaverse-related services.

In a promotional video, HTC VIVE showcased its Metaverse functions, consistingof the capability to to pay for a virtual whitewine tasting with Bitcoin and the capability to purchase NFTs utilizing Ethereum. However, the business has drewin a lot of criticism from users who are dissatisfied with the Metaverse vision, as well as the adoption its crypto strategies.  

In reaction, lotsof anonymous users haveactually revealed plain displeasure of HTC’s welcome of NFTs and crypto, with some even threatening to boycott HTC items.  A user going by SpookyBiscuits reacted to HTC’s post, writing “you can keep the crypto trash, I’ll stick with my valve hardware.” Windyson, yet another critic of the move, informed HTC VIVE to “stick to making hardware,” including that “Metaverse and NFTs are awful.”  In another example, a user under the pseudonym nyaarium provided an obituary for HTC VIVE, composing: “VIVE had a fantastic life, taking the world of VR to lotsof eyes. VIVE sadly contracted NFT, and did not make it.”

HTC signsupwith other innovation companies who dealt with user reaction from thinkingabout NFTs and other cyrpto items, consistingof Discord, Ubisoft, Kickstarter, and Mozilla. These Web2 companies drew significant reaction mostly over the viewed ecological effect of Proof-of-Work, the agreement powering Bitcoin and Ethereum blockchains.

The principle of the Metaverse has tookoff in appeal consideringthat Facebook revealed its rebrand to Meta and stated a revamp “to aid bring the Metaverse to life.” In the future, Facebook might utilize its expertise in virtual truth to deal immersive online services and complete alongwith emerging blockchain-based Metaverse gamers like Decentraland and The Sandbox.

Going forward, HTC might embrace the Metaverse as a tactical specificniche, thinkingabout the company hasactually been a significant gamer in the virtual truth area for over half a years. Simultaneously, HTC has had interest in blockchain for a coupleof years as well. In early 2019, it introduced the HTC Exodus 1, a blockchain-focused mobilephone with native assistance for crypto wallets and Ethereum dApps. 

Disclosure: At the time of composing, the author of this piece owned ETH and other cryptocurrencies.

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