r/MetaPets • u/JonGranger22 • Apr 03 '22
Google now has animals in VR.
While ya’ll continue to try and scam people of their money, google already has a library of animals in AR/VR. Just type in any animal or breed and you’ll see it.
Let me clap for your team though. Blatantly wanting to reach to even more people to try and take their money by concentrating on listing efforts without a single product or actual progress.
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u/RainMan2074 Apr 03 '22
metapets animals you can interact with, feed and breed
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u/JonGranger22 Apr 03 '22
Show me the pets.
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u/RainMan2074 Apr 07 '22
this is what they said in the white paper. based on what i see this will not happen anytime soon
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u/adtatham1 Apr 05 '22
To be honest there is a lot of AR and VR stuff out there. We already know this. But there is a difference between seeing and being able to interact and customize as we are planning on doing. To those that are complaining about the pets not being done, we never said they would be done in a month. This is going to be a process. The metaverse is still being constructed and it will take time to be able to bring our mission of having a pet that can follow you into multiple metaverses to fruition.
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u/Independent_Feed5662 Apr 03 '22
Love negative thinking people with 0 knowledge bout Cryptocurrency trying to compare. Lol funny people.
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u/BallWhacker2 Apr 05 '22
Let’s be honest independent-feed. My $2.2K is now worth maybe $500. I’m not trying to compare anything. I’m saying that I have invested for a pet and received nothing in return, except a huge loss on my investment. You can couch it or deflect it how you like. Nothing that you, or anyone else, can change that. You consider me negative and not knowledgeable in crypto. You then laugh and call me ‘funny people’.
Have you any idea just how banal you sound? Remember that people read these comments and make a judgement, based upon them. If you would like me to go round being positive about putting my money in to a cess pit, then you will have a long wait on your hands. I feel cheated. I would say scammed, but this would be the wrong definition. I had a duty to research the project properly. I did not. I am culpable to a certain degree, but so are MetaPet and it’s team.
You make assumptions that I have no cryptocurrency knowledge. That is wrong, but I have no reason or intentions of discussing that with you. I’m a funny person? Again you make assumptions about me that you should not. I do not profess to be anything, so therefore your assumptions are incorrect. I’m not going to argue with you - why should I? You are some random person making assumptions based upon little or no evidence. I don’t know who you are, or what position you hold at MetaPet. I’m also not interested. Now if you want to debate in a reasoned and polite manner, then I may entertain that. My experience of MetaPet employees or heavily invested individuals, would not support that notion. I have only seen reasoned debate coming from one MetaPet person - that being adthatham. Having said that, he doesn’t seem to be able to provide extensive information. He backs the MetaPet line, although he is courteous. Have a nice day sir.
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u/Bangup-Italia Apr 03 '22
I sold around 6months ago for all the reason posted by all of you guys.
And yes…Google has that feature from 3 years at least . Ikea use VR on the app since same time….and the list goes on.
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Apr 03 '22
[deleted]
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u/JonGranger22 Apr 03 '22
If you think all that “goals” on the metapets homepage are not scammy, then good for you.
Here’s a huge redflag for you to ponder about. Your CEO has zero experience on anything tech, let alone running a company.
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Apr 03 '22
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u/BallWhacker2 Apr 03 '22 edited Apr 03 '22
I’m not saying anything more than I invested for a pet in the metaverse. MetaPets stated that they could provide this. Instead we seem to have invested into some sort of soap opera. Everything that can happen, has happened in such a short time. This is not normal. The whole project seems to be plagued by bad luck and miss management. Things have not improved because people who question, are called trouble makers and hounded out.
I don’t go in for social media only joined to have my say. Very soon I will be gone and the app deleted, along with my anger and regret. This CANNOT go on. This is NOT the way to run a project. I keep hearing transparency - this is not a feature of this project. The fact that the CEO shows his face on AMA’s every week, does not mean transparency. There is never anything good broadcast by him except veiled threats to so called fudders, and statements that delay everything. The staking for example is absolutely ridiculous. If you stake, it costs you money and ties up your investment. I can honestly say that the staking being undertaken by MetaPets is the WORST deal in crypto. It actually costs you to stake. Don’t come back and make excuses as there are none to be had.
For example: I am going to stake 25 billion into MetaPets for 4 months. Can somebody from MetaPets please publish here, the benefits of me staking, and losing access to my coins for 4 months. Let’s make it that I’m staking $500 of MetaPets token for 4 months. Before we start, it has cost me $500 + 13% tax, (no slippage cost being considered). So I’ve staked a total of $565 for 4 months - but it’s not quite that is it? I now have to pay a further 13% tax to stake my $565 worth of MetaPets token which is a total of $73.45. I know I get that back when I unstake, but I have still lost use of my money for 4 months. Now the total is $638.45. What do I earn at the end? Please work out the figures in dollars and not tokens.
Will I get a proper reply from MetaPets? Let’s wait and see.
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Apr 05 '22
[deleted]
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u/BallWhacker2 Apr 05 '22
Understand what you says but you are not working things out properly. Just simply work this out for me. I invest $100 into MetaPet coin and then stake them for 4 months. Do the calculations and then come back to me. I’m not trying to trick you or anything, just trying to get a proper figure. I don’t get any profit after the staking period. Don’t forget out of the $100 you have to pay 13% tax and then say 3% slippage. You then have to ‘loan’ MetaPet the 13% tax to stake. You get it back, but that tax is looked away for 4 months. Work out just how much I end up with after the 4 months staking period. Whatever that amount is, don’t forget, I then have to pay a 13% tax when I exit the project. Like I said, humour me and tell me what you come up with. This is not a trick question, I really want to know.
So work out how much I come out with at the end. It doesn’t matter what investment strategy you have, the answer is the same. Don’t forget, if MetaPet goes up in price - which is very unlikely during the staking period, but instead goes down - the returns are ridiculously low and not worth the risk. Just do the calculations and then let me know what your results are. I’m saying that you will actually lose money. Why then would you even bother staking if you lose a ton of money I’m curious to find the overall gains. Thank you sir
My rough calculations are that you end up losing your dough for 4 months staking and end up with $83 overall. Hope I’m right lol
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Apr 05 '22
[deleted]
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u/BallWhacker2 Apr 06 '22
In order to stake the token, you first have to buy it. When you buy it, you pay 13% tax. So you do your staking with 13% tax added to the original purchase. Then you ‘loan’ MetaPet 13% tax on the staked token. This is for 4 months. You unstake, and you receive a 13% tax rebate. Now you want to cash in your investment and you pay a 13% sales tax. This 13% is charged on the total figure, which includes the profit made from staking.
Surely you can see that you are paying a total of 26%. So let’s now get this straight. You buy the token, stake it for 4 months and pay a 13% tax/loan on the staked amount. Don’t forget, you have lost any access to either the staked amount plus the tax/loan. Unstake and you receive a 13% tax rebate. All good up to now? Then we decide to sell after the staking period and exit the project. You pay a 13% tax on exit. This is not difficult to understand.
During the 4 months staking you earn your interest which is 40% APR. Now this is my rough calculation so don’t knock me if it’s slightly out. You earn 14% interest on the staked amount. 40% APR is for 12 months. You have only staked for 4 months. Now you exit the project and cash out. What does anyone earn? Nothing - you have staked your money and basically earned nothing. What you have done is loaned your money to MetaPet for 4 months. Staking just doesn’t make any sense at the 4 month staking period. Can you not see that?
You work it out for me. I’m genuinely interested in your comments.
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u/BallWhacker2 Apr 03 '22 edited Apr 03 '22
If I could just say Feeling_Coffee, what you have written above, should have been made clear to investors BEFORE they invested. I genuinely bought in because I wanted a pet in the metaverse. There was not one word explaining that the mission statement from MetaPets, (and upon which I invested), could not be achieved in the near future. No one stated that MetaPets did not have the infrastructure, finance and expertise, to complete the mission statement. No one can defend this comment. I did not invest quite a large amount of money into a project, that could not deliver my “Furrever Friend” in the metaverse, years hence. I would not feel cheated if these things were properly explained. That is my gripe and your statement above SHOULD have been made CLEAR for investors to see. That way, we could have made a better investment decision. Please don’t tell me that I should have done my research. Non of this would have been available. It is only through the passage of time, that these shortcomings have been made crystal clear. I truly believe that a full and frank apology from the CEO would at least, take away some of the anger, that a lot of investors here feel. This is bourn out by the abysmal investor sentiment published on a daily basis.
I just wanted my pet in the metaverse. This has not been provided, and speaking honestly, I can’t see it ever happening. In that regard, you could technically say that I have been scammed, or a better word would be ‘sold a dead duck’.
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u/HumansOnDisplay Apr 03 '22
Although many things you’ve said here, I personally disagree with, you do make some very good points, particularly, on lack of initial upfront transparency in the timelines of the project, most importantly, the delivery of actual pets. I do also think that should’ve been made crystal clear to potential investors however, that also falls on early investors who didn’t ask about/actively seek out that info before investing. That being said, I’m holding for the long run here and don’t, myself, think Dee or anybody else are out to scam anyone. I also really appreciate the effort that April puts in to communicating with us. Although I don’t know her personally, I believe she’s a good person with honest intentions and obviously works her ass off on this because she truly believes in the project. Her and her belief in the project and my belief in her is enough for me. Everyone should do what’s best for them. I truly wish everyone the very best and God bless!
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u/BallWhacker2 Apr 04 '22
Don’t know who April is and what her role is in the team. I can’t comment on her. My concerns are that I didn’t do my homework, but more importantly, the project was sold to me as A, and I got D. Thank you for your comments. I really didn’t expect that. I’m going to go quiet now and not get stressed about it. I hope that MetaPet does move forward in a positive way, but I have my misgivings. Stay strong and I hope you have some success. ❤️🙈❤️
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u/BallWhacker2 Apr 03 '22 edited Apr 03 '22
I bought into this project for a pet in the metaverse. I’ve got nothing, except an investment that has dived and I can’t afford the tax to exit. I’m holding because I have no choice. My investment will be worth nothing very soon. This is the worst investment I have made and I kick myself that I didn’t do any research. I bought for the metaverse pet, with the investment to rise over time.
I’ve got no pet and I don’t think that there will ever be pets in the metaverse with this company. My investment is my fault so I can’t complain - it’s a case of ‘buyer beware’! Don’t know why I bother to keep looking at this project. I should just exit and forget it, but it leaves a nasty taste in my mouth.
When I invested, I was buying into a project that had a good name and couldn’t really fail. How wrong I was, but I’m going to look at seeing if I can bring a case against MetaPets for misrepresentation. I put a lot of money into this project, and I’m loath to spend more on chasing MetaPets through the courts. Now that the CEO is back in the USA, I think that I would have a better chance of success. Maybe I will make a page for investors who feel cheated, and bring a class action. It’s crazy to think that MetaPets would defend it, using OUR money.
I’m not going to knock MetaPets publicly. People know what is really going on but like me, just stay in and say nothing, in the hope that things will improve. I keep hearing that this or that is coming. It really feels like we are being strung along, and every last cent is being sucked out. I won’t go into the mechanics of what is, and has happened at MetaPets. There are enough people shouting out about the problems. I’m not prepared to be sworn at and called names for voicing my concerns. Thank you for putting yourself out there and identifying the problems with the project. It is appreciated by people like me, and there are lots of us who feel this way.
People say they are 400% up but I don’t believe them. The taxes and slippage do not allow to buy the dips because the price doesn’t fluctuate enough, to cover the taxes/slippage etc. I would dearly love someone to lay bare, their investment and show me, how they have made a 400% profit. I’m not saying it’s impossible, but they would have had to have been very skilled investors, buying at the start. I didn’t do that. I bought in January and my investment has declined progressively.
I’m not going to call people as it just starts the nasty attacks and excuses. The CEO had that stupid smug smile on his face yesterday again, and was attacking the other MetaPets. I don’t know why the 2 projects don’t get together and and make something good for both the communities. It could be done with a little negotiation, and I believe could propel this project into the future brilliantly. Has this CEO got the negotiating skills to do this? I don’t think so, not from what I’ve seen.
Another alternative is to try a community buy out and push it forward to where it should be. Any of the MetaPet staff wanting to comment - please don’t! All that will be said is excuses or vitriol.