Juan: Metaverse may be a trading market mediated by the blockchain economy
The metaverse is being mentioned and discussed by more and more people. Different people have different definitions and views on the metaverse. Juan also talked about the concept, vision and construction of the metaverse in his recent speech .
This article will explain the main content of Juan's speech in the first person.
The Vision and Construction of the Metaverse
Most of us grew up on the internet, we grew up playing games, and I like to call this the beginning of the metaverse, which I think is a world that brings all of these together. In general, all game design, all the worlds we've created in the past, and our experiences can start out as building blocks that will gradually build up the worlds of the Metaverse over millions of years.
I like to think of "ready player one" (ready player one) as a demonstration of the vision of the metaverse, and the metaverse is also very likely to develop towards this scene. One of the most exciting things I see is the composability of all the layers people are building today (especially in the world of NFTs). I think we are currently in the process of moving from a single large platform to building materials, parts, and components that are not composable, and eventually, they will be connected together.
Now many people are talking about the metaverse across industries, people like to classify different functional modules, all of these are indispensable web3. The platform will become a trading market mediated by the blockchain economy.
Around the construction of the metaverse, there are many derivative contents, such as hardware, content services, payment services, tools, virtual reality platforms, networks, computing, etc. The metaverse is not single and flat, but the metaverse is three-dimensional and is composed of multiple layers:
Experience is what we actually participate in: games, social experiences, live music, shopping, etc.
Discovery is the way people learn about the existence of experiences
Creator Economy is everything that helps creators produce and monetize material for the Metaverse: design tools, animation systems, graphics tools, monetization techniques, etc.
Spatial Computing refers to software that brings objects into 3D, computing objects in the world and allowing us to interact with them. It includes a 3D engine, gesture recognition, spatial mapping and the AI that supports it.
Decentralization is everything that moves more of the ecosystem to a permissionless, distributed, and more democratized structure.
Huma Your Interface refers to the hardware that helps us access virtual worlds—from mobile devices to VR headsets to future technologies like advanced haptics and smart glasses.
Infrastructure is the semiconductor, materials science, cloud computing, and telecommunications networks that make it possible to build any higher layer.
The Role of Filecoin in the Metaverse
Web3.0 adds verifiability to the Internet. The design of the blockchain mechanism is different from general game theory. Through cryptography, blockchain technology, etc., we have been gradually improving Internet products over the past few decades, and we already have Large-scale mechanism design platform, which not only explains that contracts and currencies are easier to issue, but also means that various more complex mechanisms can be created.
Web 3.0 has five core elements, such as currency, NFTs, virtual land, etc., which make up buildings, property and virtual economy. In the case of Axie, we see the full game economy, they will continue to expand, and we will gradually see more complex versions.
LIBP2P is a point-to-point, modular network stack, which is the basis of the IPFS protocol and a way to transmit messages in web3.0, which is very valuable for building new network protocols.
NFT is exploding and growing faster. Both NFT museums and NFT galleries have emerged and developed. The value of art usually lies in the experience of art. NFT helps physical objects realize digital value creation and transfer, and creates high-quality experience methods. This is a very useful part to help us explore the value of the Metaverse.
Filecoin is a web3.0 storage network, a two-way market with storage customers and storage miners, already has a storage capacity of over 10EiB, the Filecoin network has stored many Web2.0 use cases, and can help web2.0 applications Migrate to Web3.0, or start a new web3.0 market.
On the Filecoin network, we can see many very useful tools, not only that, there are also some use cases for the Filecoin bridge
Filecoin is a distributed storage network that encourages more storage providers to participate in storage through block incentives. It can store valid data for NFT and provide corresponding redundancy levels, accessibility and lifespan of stored data, namely , to ensure that the content continues to be available. The blockchain is an important part of the metaverse, and the metaverse will be a trading market mediated by the blockchain. Filecoin can provide stable and solid content storage for the blockchain/metaverse.
