The Founder of MetaMask Launched 'MetaMetaverse' to Connect Worlds
Colin Smith — March 21, 2022 — Tech
References: metametaverse.io & venturebeat
Joel Dietz, the original founder of the cryptocurrency wallet service 'MetaMask,' and arguably the man who created the field of cryptoeconomics, has launched a new company titled 'MetaMetaverse.' MetaMetaverse has secured $2 million USD in funding so far as it continues to generate more partners and attention at a rapid pace.
MetaMetaverse will run on a layer 1 blockchain protocol similar to Ethereum, but will be cross-chain, meaning it will have support for most Web3 services. Additionally, Dietz wants the MetaMetaverse to be usable as a tool for Web3 experiences such as VR games, digital worlds, and running VR simulations. On top of this, Dietz aims to make the MetaMetaverse fully interconnected, meaning users will be able to join different digital worlds without needing to log out of one world and in to another one.
Image Credit: Joel Dietz, MetaMetaverse
MetaMetaverse will run on a layer 1 blockchain protocol similar to Ethereum, but will be cross-chain, meaning it will have support for most Web3 services. Additionally, Dietz wants the MetaMetaverse to be usable as a tool for Web3 experiences such as VR games, digital worlds, and running VR simulations. On top of this, Dietz aims to make the MetaMetaverse fully interconnected, meaning users will be able to join different digital worlds without needing to log out of one world and in to another one.
Image Credit: Joel Dietz, MetaMetaverse
Trend Themes
1. Metametaverse Expansion - Creating a fully interconnected MetaMetaverse with VR experiences and support for most Web3 services presents possibilities for expanding the MetaMetaverse and integrating it with existing industries such as gaming and finance.
2. Cross-chain Blockchain Integration - Support for most Web3 services and a cross-chain blockchain protocol presents opportunities for integration with existing industries such as logistics and supply chain, improving transparency and security.
3. Web3 Integration - Using the MetaMetaverse as a tool for Web3 experiences such as VR games and digital worlds presents a new platform for industries such as education and tourism to engage with customers in a new and innovative way.
Industry Implications
1. Gaming - The fully interconnected MetaMetaverse presents new possibilities for gaming with multiple worlds and a cross-chain blockchain protocol enabling integration with existing games and gaming hardware.
2. Finance - Integration with a cross-chain blockchain protocol and support for most Web3 services presents opportunities for MetaMetaverse to disrupt the finance industry, offering transparency and new ways of managing wealth.
3. Education - Using the MetaMetaverse as a tool for Web3 experiences presents new possibilities for education and remote learning, enabling educators to engage students in an interactive and immersive way.
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