New tribes of the Metaverse — Community-owned economies
The gaming ecosystem is set to become more community-driven with the help of decentralized tech, empowering creators and coders. People have talked in glowing tones about the transformative properties of blockchain since Satoshi Nakamoto launched Bitcoin (BTC) back in 2009 — books have been written, thousands of panels and presentations have complemented its prospects, costumed Bitcoin maximalists have flaunted their newfound wealth. Despite these commendations, the transformation has been slow.However, whether the delay was due to the global COVID-19 pandemic, or just the time needed to....
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Bullieverse is ushering gaming enthusiasts and creators into unexplored terrains of monetizing creativity and novel skills in a community-oriented metaverse. The project seeks to lead a new wave of the digital economy through its open metaverse where individuals and digital creators can interact with each other, make decisions on the future of the virtual ecosphere, earn amazing rewards, and enjoy a top-notch gaming experience in an immersive environment. Driven by the mission to promote new levels of Decentralized Autonomous Organizations (DAOs), Bullieverse is dedicated to expanding its....
The emirate launches its Dubai Metaverse Strategy, aiming at the world’s top 10 metaverse economies. One of the leading crypto hubs in the Middle East, the emirate of Dubai, launches the Dubai Metaverse Strategy that aims to turn it into one of the world’s top 10 metaverse economies. The strategy promotes Dubai’s ambitions to support more than 40,000 virtual jobs by 2030. On July 18, the Emirates News Agency reported about the launch of the Dubai Metaverse Strategy by Vice President, Prime Minister and Ruler of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum. Al Maktoum hopes....
“You buy a ticket to an event, and you’re already part of a DAO and an owner of an NFT, with no necessity to do your homework,” said BlockShow CEO Addy Crezee. After more than a year, the Cointelegraph-powered cryptocurrency conference BlockShow is returning — this time with an opportunity for participants to join as members of a decentralized autonomous organization.BlockShow DAO’s conference aims to allow attendees to own a stake in the show and participate in organizing events, whether they’re a large sponsor or someone joining for the first time. Organizers made the decision to turn....
Instantly, you can tell Matthew Slater is an intelligent and principled guy. Slater has been working all around the world these past few years, trying to develop software for mutual credit economies with the aim of eventually uniting all such economies. Mutual credit economies, at the absolute ELI5 level, function like a system of IOUs. Everyone has enough money/ credit from the start to live off, and loans are interest-free and dealt with by the participating parties. These economies struggle when scaled beyond a certain number of people because of the ease of exploiting negative balances....
With Facebook and Microsoft engaged in a virtual land grab, is there still a future for the dream of a Metaverse thats owned and built by the community?A dinosaur walks into a bar, orders a whiskey neat and sits down with a pink elephant and a purple, hard-to-place obscure anime character. They watch a live NBA game. A good time is had by all.This is no joke. For one major crypto fund manager referred to as Simon, who prefers to remain anonymous (and not offer investment advice), that night in 2020 which resembled the famous bar scene on Mos Eisley in Star Wars was the moment when the....