The developed and underdeveloped worlds in the Metaverse

“Any fool can know. The point is to understand.”

– Albert Einstein

What is the most important infrastructure of Metaverse?

I must say it is the economic system. I think the meta-universe infrastructure should include identity, economy, and experience. These three directions are the foundation of meta-universe. Each of them is very important. Each direction can produce great companies, great decentralized applications, and great DAO. Of course, centralized companies/organizations coexist with decentralized DAOs, and finally centralized companies/organizations will become functional units of various decentralized DAOs.

The core infrastructure of the meta universe is the economic system, not identity and experience. Here, identity is also achieved through decentralization, which should include NFT, and the realization of experience is now a super popular virtual reality method. However, if there is only virtual reality function, it can generate large user traffic, but application clusters without capital flow will eventually be impacted by the direction of the strong capital flow of the decentralization trend and become a colony in the virtual world.

I wrote in September last year that in the virtual world of the future (of course, I really didn’t know the term meta universe last year), developed countries are clusters of all large capital flow applications established on the Ethereum network. It is not distinguished by geography and actual country, but the total amount of capital flow and value storage.

The developed “country” and the developing “country” in the metaverse are distinguished and judged based on the capital flow of different applications. High-frequency capital flow and greater value storage mean that these application clusters (generally belong to different regions) Blockchain network) belongs to the developed “country”, and the low-frequency low-value storage is the developing “country”. The current lock-up amount based on Ethereum far exceeds that of others. With the prosperity of L2, the flow of funds will also become more frequent. Other blockchain networks (including alliance chains) have become sub-developed or developing worlds because of funds Flow and store of value are relatively low, or even almost no flow of funds and store of value.

This is like distinguishing developed countries from developing countries by the flow of funds and the total amount of value in different countries from a geographical perspective in the real world. Therefore, the core of the metaverse is the economic system, not virtual reality. Those that only generate large user traffic but no capital flow will be impacted by the direction of strong capital flow and become a colony in the virtual world.

The meta-universe is the algorithmic time and space. In the meta-universe, time and space can be discontinuous, not just the “single moment” as Shaan Puri said. The time and space in the meta-universe are not bound by Einstein’s theory of relativity, and are truly abstract existences. The meta-universe must be globalized in the end, and those without capital flow will become “impact depressions” of strong capital flows, that is, a “colony” of the virtual world. The meta-universe is the algorithmic time and space.

How to prevent the so-called “metauniverse” created from becoming a colony in the future unified metauniverse is what every company or creator in reality should think about, whether it’s Facebook or TikTok; whether it’s an anonymous individual creator, Or any country.

Everything has just begun now. Even a weak country or even an individual may create a developed world in the future meta-universe. Now is actually a good time.

The meta-universe is the algorithmic time and space. In the meta-universe, time and space can be discontinuous, not just the “single moment” as Shaan Puri said. The time and space in the meta-universe are not bound by Einstein’s theory of relativity, and are truly abstract existences. The meta universe must be global in the end, and those without capital flow will become “impact depressions” of strong capital flows, that is, a “colony” of the virtual world. The meta-universe is the algorithmic time and space.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/the-developed-and-underdeveloped-worlds-in-the-metaverse/
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