https://venturebeat.com/games/neal-stephensons-lamina1-drops-white-paper-on-building-the-open-metaverse/
Lamina1 dropped a white paper on building the open metaverse.
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Neal Stephenson‘s Lamina1 blockchain technology startup dropped a white paper today on building the open metaverse. It’s quite the manifesto.
In the document, the company said its mission is to deliver a Layer 1 blockchain, interoperating tools and decentralized services optimized for the open metaverse –– providing communities with infrastructure, not gatekeepers to build a more immersive internet. (Stephenson will be talking about the open metaverse in a fireside chat at our [GamesBeat Summit Next 2022](https://gbsnext.venturebeat.com/home?utm_source=vb&utm_medium=vbeventsnavbar&utm_content=homepage&utm_campaign=vbeventsnavbar&_gl=1*1xz25mp*_ga*MTc2Njg4NDUyNC4xNTc1NDQzNDUw*_ga_B8TDS1LEXQ*MTY2Mzk0Njg2NC4zNjM1LjEuMTY2Mzk0Nzg0My42MC4wLjA.) event on October 25-26 in San Francisco. Use Dean50 code for a discount).
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The effort includes some new original content: Under active early-stage development, Neal Stephenson’s THEEE METAVERSE promises a richly-imagined interactive virtual world with an unforgettable origin story, the paper said. Built on the Lamina1 chain, creators will come to experience Neal’s vision and stay to develop their own. Stay tuned for more details, the paper said.
Lamina1 said the metaverse represents the evolution of our lives online –– graduation to rich 2D and 3D worlds in which we fluidly create, explore, socialize and transact. As we usher in this bold new era of content creation and participation, we must revisit the centralized business models of Web2 to empower creators and consumers with greater agency, ownership and privacy. A creative community that is free to innovate and transact will give rise to a thriving economy. Lamina1 delivers critical infrastructure to enable the trillion-dollar economy of the open metaverse.
“The strength of the Lamina1 technical foundation will be validated by the ability of our very own maker, Neal Stephenson, to deliver his inspired and principled vision of what the Open Metaverse can be. We employ story as a powerful tool to contextualize and drive the creative and technical development required to build a virtual universe imbued with humanity,” the white paper said.
In the paper, Stephenson said, “Inexorable economic forces drive investors to pay artists as little as possible while steering their creative output in the directions that involve the least financial risk.”
The aim is to correct the sins of the past. The paper said that Web2 introduced a period of rapid innovation and unprecedented access to entertainment, information and goods on a global scale. Streamlined tools and usability brought creators and innovators to the web en masse to build digital storefronts, engage and transact with their customers.
Owning and controlling that growing ecosystem of content and personal data became a primary, lucrative initiative for major corporations. Consumer behavior, recorded on centralized company servers, offered constant, privileged insight into how to monetize human emotion and attention, Lamina1 said.
The sins included: