Fun

Metaverse pioneer and movie VFX team unite for blockchain project

News Feed - 2024-08-23 01:08:00

Ezra Reguerra8 hours agoMetaverse pioneer and movie VFX team unite for blockchain projectWētā Workshop is known for its special effects work on movies like The Lord of the Rings and The Hobbit. 600 Total views1 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTCOINTELEGRAPH IN YOUR SOCIAL FEEDFollow ourSubscribe onThe blockchain protocol launched by New York Times best-selling author Neal Stephenson, who conceived the term “metaverse” in a 1992 novel, has collaborated with a special effects firm known for their work on the Lord of the Rings trilogy on blockchain-based endeavor. 


In an announcement sent to Cointelegraph, Stephenson’s Lamina1 protocol said it is launching a worldbuilding project with Wētā Workshop, a special effects and video game development company based in New Zealand. 


Wētā Workshop is known for its work on producing sets, costumes, armor, weapons and creatures for hit films The Lord of the Rings and The Hobbit. Blueprint for intellectual property expansion


According to the announcement, the experience will be called “Artefact.” It will create a framework for intellectual property (IP) development and participatory worldbuilding with Stephenson. The project will introduce a blueprint for IP expansion using experiences incorporating fan inputs. 


Stephenson and the Wētā team will engage with community creators through the blockchain protocol Lamina1 and invite them to unravel the lore behind a set of “Artefacts.” This will build upon themes and lore from Stephenson’s work as an author. 


Stephenson asserted that the project will be more than a world but an infrastructure that allows the building of worlds. He said:“This is more than just a new virtual world — it’s a new way to build worlds. It’s a promising new way of looking at what we can offer to both creators and their communities."


The author added that collaborating with Wētā Workshop will create “a new path” in digital worldbuilding. The executive said that Lamina1’s creator economy and open metaverse will provide a foundation for long-term value. 


The announcement also added that the upcoming project will serve as a flagship project of Lamina1 to showcase a major multimedia launch on the platform’s blockchain infrastructure. Steering into immersive spaces


Lamina1 CEO Rebecca Barkin shared their definition of the metaverse within the project. Barkin explained: “The metaverse refers to an always-on, virtual environment where people gather and participate in both non-linear and linear stories, games, and experiences. It does not require a headset, and our experience won’t yet either.”


Meanwhile, the executive told Cointelegraph that worldbuilding in the project’s context involves creating an expansive imaginary world with lore, history, environment and characters. Barkin said that they are creating “narrative scaffolding” and engaging with their audience with interactive elements. 


Barkin also explained that their team is advocating for the open metaverse. “As the boundaries between physical and digital worlds dissolve and we traverse persistent, connected platforms fluidly, we need to better advocate for protecting humans, their data, and their output,” Barkin said. 


Unlike centralized metaverses, advocates of the open metaverse push transparency, inclusiveness, decentralization and democratization into their virtual worlds.


Related:Neal Stephenson’s blockchain project holds discovery month as metaverse hype wanesMetaverse happening in a “different” way


In a previous Cointelegraph interview, Stephenson said that the metaverse is happening differently from how he imagined it in his 1992 novel Snow Crash. While his idea of the metaverse’s potential didn’t change, new technologies allow a different type of execution than his initial thoughts. 


The author believes that technological building blocks like affordable and high-quality three-dimensional graphics allow a different type of metaverse than he thought. 


Magazine:AI Eye: AI didn’t kill the metaverse, it will build it — Alien Worlds, Bittensor vs Eric Wall# Blockchain# Movie# Adoption# MetaverseAdd reaction

News Feed

Hester Peirce blasts SEC, Gurbir Grewal rejects SEC criticism: Law Decoded
David Attlee4 hours agoHester Peirce blasts SEC, Gurbir Grewal rejects SEC criticism: Law DecodedGurbir Grewal, the director of the Division of Enforcement at the SEC, has pushed back against criticism that the regulator
South African Investors to Lose $13 Million as Bitcoin Scammer Declared Bankrupt
South African Investors to Lose $13 Million as Bitcoin Scammer Declared BankruptA South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt.
Valkyrie Will Launch On-Chain Defi Fund Next Week
Valkyrie Will Launch On-Chain Defi Fund Next Week Valkyrie Investments, one of the biggest cryptocurrency asset managers, has announced it will launch a so-called on-chain defi fun
Ana Paula Pereira9 hours ago3AC’s Su Zhu arrested in SingaporeSu Zhu was arrested at Singapore Changi Airport while attempting to leave the country after a court granted a committal order.2952 Total views27 Total share
Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall
Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee WindfallEthermine will now proceed to distribute its $2.6 million bonanza from a series of bizarre ethereum transaction
David Attlee5 hours agoRegulators around the globe assert more control over crypto: Law DecodedFrom Hong Kong to Europe and the United States, regulators are pushing for more oversight and control over digital assets.504
JPMorgan Predicts Long-Term Bitcoin Price of $150K — Outlines Challenges Ahead
JPMorgan Predicts Long-Term Bitcoin Price of $150K — Outlines Challenges Ahead Global investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K
Price analysis 5/15: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB
Rakesh Upadhyay2 hours agoPrice analysis 5/15: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIBRisky assets, including Bitcoin and altcoins, received a boost following today"s CPI report.1352 Total views2 Total shares
SingularityNET to invest $53M in AI infrastructure, modular supercomputer
Ana Paula Pereira11 hours agoSingularityNET to invest $53M in AI infrastructure, modular supercomputerThe investment includes modular data centers and high-performance AI infrastructure for advancements in deep neural ne
Whale Watching: A Deep Dive Into the Portfolios of the World’s Largest Ethereum Whales
Whale Watching: A Deep Dive Into the Portfolios of the World’s Largest Ethereum Whales While there’s a number of bitcoin whales that often get caught by blockchain parsers
GMT Token Pre-sale is Live Now
GMT Token Pre-sale is Live Now PRESS RELEASE. GMT has started the pre-sale of the GMT token. In total 100,000 GMT will be sold in this phase at the price of 1GMT
Coinbase Wallet Adds Support for Short and ‘Human-Friendly’ Cryptocurrency Addresses
Coinbase Wallet Adds Support for Short and "Human-Friendly" Cryptocurrency Addresses One of the scariest features of transacting with cryptocurrency, for many new users, is corre