Metaverse sneak peek: Project aims to build a creator-focused economy through blockchain
A metaverse challenge that would supply a digital hub for creators gave the group a chance to journey inside its metaverse metropolis and discover an early model of the imaginative and prescient that it goals to attain.
Final week, Web3 creator economic system protocol DEIP launched an occasion inside its metaverse. With DEIP CEO and co-founder Alex Shkor appearing as a digital tour information welcoming contributors with a speech, Cointelegraph explored town whereas listening to the information.
In an interview with Cointelegraph, Shkor defined that the area was created with the objective of empowering creators and connecting them with one another. Shkor mentioned:
“We have been eager to create the area the place creators might meet one another, collaborate and study extra concerning the newest technological developments enabling the transition in direction of the decentralized creator economic system.”
The platform hopes to offer creators a platform to find, consider, license and alternate “intangible belongings” reminiscent of artworks. It additionally goals to switch knowledge storage from centralized publishers right into a decentralized platform, giving creators extra management on the subject of their work. Other than this, DEIP additionally seeks to offer creators higher monetization alternatives.
In accordance with the Shkor, the area was created by the Arhead Metaverse ecosystem, Balagan inventive company and Atrium architectural studio. The group additionally partnered with Close to Protocol and the Octopus community to assist additional its ecosystem.
In the course of the occasion, one of the noticeable points of interest was a blue balloon canine. Shkor talked about that that is Jeff Koons’ Balloon Canine (Blue), which is a bodily sculpture that was transformed into digital artwork to be showcased on the occasion.
Whereas operating an occasion inside a metaverse is an fascinating step ahead, the occasion additionally confirmed indicators that metaverses are nonetheless of their early levels. Shifting by way of the digital location, Cointelegraph met some minor difficulties reminiscent of getting disconnected and audio being lower off.
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In the meantime, metaverse tokens are performing nicely regardless of the bear market. In accordance with a report by Kraken Intelligence, metaverse-related digital belongings have outperformed different token classes by round 400% year-on-year.