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

Stand With Crypto drops ‘supports crypto’ tag from Harris after backlash
Jesse Coghlan12 hours agoStand With Crypto drops ‘supports crypto’ tag from Harris after backlashA Coinbase-backed lobby group initially graded Kamala Harris as “supports crypto” but dropped the characterization
Kraken’s Jesse Powell donates $1M in crypto to Trump campaign
Josh O"Sullivan2 hours agoKraken’s Jesse Powell donates $1M in crypto to Trump campaignJesse Powell, the Kraken co-founder, backs Trump with $1 million in Ether, supporting pro-crypto policies against regulatory crackd
Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89
Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89 On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist
CME Bitcoin futures show investors betting on $40K BTC price
Marcel Pechman2 hours agoCME Bitcoin futures show investors betting on $40K BTC priceThe Bitcoin futures annualized premium jumped to 34% on Nov. 28, leading analysts to speculate about an imminent spot BTC ETF approval.
Prashant Jha10 hours agoAave Chan founder proposes buying $2M in CRV from Curve founderThe proposal drew mixed reactions from the community, with some criticizing the strategy for buying more CRV even as others are looki
Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia
Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia Germany’s second-largest stock exchange and a major financial services group in Japan have par
BODEN trader loses nearly $8M, but ‘memecoin season’ still on track
Zoltan Vardai5 hours agoBODEN trader loses nearly $8M, but ‘memecoin season’ still on trackBiden-related memecoins fell over 60% since the US president dropped out from the 2024 election.695 Total views1 Total shares
A New Semiconductor Manufacturing Competitor Has Entered the ASIC Bitcoin Mining Rig Industry
A New Semiconductor Manufacturing Competitor Has Entered the ASIC Bitcoin Mining Rig Industry While companies like Microbt, Bitmain, Innosilicon, Strongu, Ebang, and Canaan have ru
Crypto Biz: Bitfarms gets new board after months of power struggles
Ana Paula Pereira3 hours agoCrypto Biz: Bitfarms gets new board after months of power strugglesBitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitco
Bitcoin, Ethereum Technical Analysis: BTC, ETH Below $20,000 and $1,600 Respectively, on Saturday
Bitcoin, Ethereum Technical Analysis: BTC, ETH Below $20,000 and $1,600 Respectively, on Saturday Following a brief rally above $20,000 and $1,600 respectively, bitcoin and ethereu
Ezra Reguerra5 hours agoArt, history and Bruce Lee in the metaverse, food brands use NFTs: Nifty NewsletterNFT company Yuga Labs is set to acquire a metaverse-building startup to advance its Otherside metaverse project.7
Zhiyuan Sun8 hours agoCrypto VC funding falls to 3-year lows as market rout continuesVenture capitalists are doing fewer deals, and the average deal size is getting much smaller, according to researchers.3363 Total views