The future has come, curtain of the Metaverse has opened
In 1992, Neal Stephenson put forward the concepts of “Metaverse” and “Avatar” in his science fiction novel “Snow Crash.” The plot of the book takes place in the future setting of a real human living in a virtual space with a virtual human through a VR device.
In 2003, the first phenomenal virtual world “Second Life” was launched. The explorers team said that it was not a game. “There were no conflicts to create and no artificially set goals”. People could socialize, shop, build and do business in it. People experience the parallel world on the Internet for the first time.
In 2021, Facebook announced an investment of US $50 million, based on AR and VR technologies, to develop the Metaverse: a digital world where multiple people can live at the same time.Zuckerberg announced that he wanted to build Facebook into a Metaverse company.
History may not repeat itself, but it does rhyme！
The dream of the Internet at the beginning of its birth seems to be moving towards reality. We may really become ready” player 1 “in Spielberg’s films.
Blockchain, the most important underlying technology of the meta universe
But can Facebook make a Metaverse? Many people disagree, because in addition to AR and VR, there is another area that can not be ignored – Blockchain. Facebook’s genes doomed it to be difficult for him to embark on the road of decentralization.
From the perspective of infrastructure, all transactions in virtual space-time need a technology to ensure the security of transactions and the reliability of account books.
From the perspective of governance, we need to ensure the fairness of the birth of the virtual world, and people no longer need a centralized virtual space-time controlled by authority
Under the framework of blockchain: we can have social platforms based on rules and algorithms, digital currency and economy platforms based on blockchain, and content platforms based on UGC.
Everything has its origin, so the underlying protocol of the metaverse is particularly important.Many of Blockchain projects are trying to contribute their own answers to this question.We will analyze one of the projects, the WoW Metaverse, what they are doing for it ?
Like all metaverse projects, WoW Metaverse first built its own story:
After experiencing many difficulties, elves and humans beat back the giant animal’s army by letting humans learn magic.The 51 magicians who defeated the giant animal army became archbishops, jointly formed the Hall of Elders and became the leader of the whole human elf alliance.The magicians who lead WoW open a new legend with their own wisdom, which is WoW Metaverse.
The Hall of Elders composed of archbishops is the highest authority in WoW World.In addition, there are 10200 chief priests, attached to the archbishop, who are powerful members of WoW World and maintain the daily stability of WoW.
All humans and elves in WoW are eager to try, strive for 51 archbishops and set up a team to gain the greatest influence for their team and lead tribal residents to create WoW Metaverse ecology.
Users can obtain Archbishop NFT through purchase on the official website. With Archbishop NFT and 100 magicians in the magic team, you can divide 50% of the mining tax every month.
Get the Priestly NFT through the official website. Each Priestly NFT can receive 1000 WOW as a bonus and divide 10% of the mineral tax every month.
Other ordinary users only need to hold 200 WOW tokens to become a WoW magician, and can participant the mining of the bounty pool.
These three constitute the strongest governance framework in WoW World.In order to balance the ecological competition, WoW also provides a variety of playing methods such as blind box, upgraded, Hunters for bonus, token destruction and so on.
Through the creation of authority structure and playing methods, and the circulation of NFT and governance token, the governance protocol of WoW World is slowly launched.
After careful study, we can see that the whole governance protocol has the following advantages:
—Low threshold
Users can mining without staking which its holding is mining, reduces the access threshold of Metaverse.
—High liquidity
By setting the minimum threshold, strengthen the transaction motivation and ensure the flow foundation.
—High fairness
There is no monopolize holder,balance will be automatic adjusting by whole net.
—High promotion
very positive promotion mechanism to make marketing efficient,here is no chance to get benefit without working,fair is platform’s principle
—High retention of users
value exchanging keep users stay the platform forever and build a very prosperous ecology
Whether WoW’s scheme can realize the above advantages remains to be verified in time, but it clarifies what characteristics a healthy and lasting Metaverse governance agreement should have in order to completely activate the door of the new world.
After the door is opened, the metaverse can not complete the closed loop until the real UGC is realized. These directions are also mentioned in WoW’s planning. AS the following three points
—NFT Platform
The full name of NFT is non fungible token, which is an important trading medium of metaverse. In addition to building a perfect NFT trading platform with famous artists and collections, metaverse will also actively explore and expand its influence in domain name, copyright, bill and other markets.
—Game BaaS platform( Blockchain as Service)
The Metaverse ecology will provide you with complete meta universe game scenes:
Users can choose games freely, participate in games fairly and even create games independently by themselves.
Mature games will be organically combined with blockchain. BaaS system helps more games break through the closed economic system and become a P2E game.
—WoW social platform
Anyone can create “avatars” in the metaverse. In the future, there will be friends on the platform of each metaverse, which can realize barrier free communication. Therefore, the research on compatibility (cross chain) development will play an important role.
William Ford Gibson, a famous science fiction novelist and writer who once wrote “Neuromancer”, once said:
The future is already here, it is just not evenly distributed
We don’t know how the Metaverse develops, but we may be able to ask the right questions from innovators such as WoW Metaverse.
Learn more about WoW Metaverse?
Follow WoW’s twiiter：https://twitter.com/MetaverseWow
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Insta Daily News journalist was involved in the writing and production of this article.