Metaverse Overview
The collective metaverse is a fun game to create a world and society. It offers the potential to make money if you build a vibrant economy or industry. There are many ways to build wealth in our metaverse:
Create a compelling NFT or DeFi project (using our no-code protocol) that generates revenue.
Build an industry on your planet that sells something other planets would want such as rocket ships, helmets, weapons, or innovative energy production.
Act as a solo entrepreneur by buying Asteroids and selling Elements to planets, or buying Elements and creating products (i.e., Object NFTs) that others want.
Trading Elements as a commodities trader would in the real world.
Invest in Asteroid, Planet, and/or Land NFTs with the potential that they increase in value as the CollectIverse ecosystem grows.
CollectiVerse will be a fun, realistic petri dish to experiment in governance, crypto, and architecting a planetary society.
Our metaverse has a space theme that let's individuals or existing communities create a planet and build their own economy. It will have a 3D interface that lets participants travel between planets and moons, and once on the planets there will be a Decentraland-like interface to build and virtually live in. We plan to leverage open source capabilities and metaverse development tools to expedite completion of it. CollectiVerse plans to provide tools for people to build new things in the metaverse (i.e., Object NFTs), run a business, build on land NFTs, plus DeFi and NFT tools that enable participants to create and experiment with building different economies.
For the planets, the game will involve working as a community to build a viable economy or industry. Planets can choose to be more of a financial economy like Switzerland, an industrial economy like Germany that manufactures great products, a resources-based economy like Saudi Arabia, or a hybrid economy like the United States and China. Examples of how planets can achieve this are:
Build a project (NFT, DeFi, etc) or service that creates value for others. This can be a PFP NFT project or a compelling DeFi based lending project or something completely novel. Our Layer 3 protocol will make it easy for anyone to do this without code or needing knowledge how to operate a project.
Acquire elements and resources (related to the period table) needed for survival on a planet or for building an industry, rockets, or anything else that will be needed in our metaverse. These elements can be acquired to build these new "products" that will be in the form of Object NFTs (that creators can sell for a profit). To kickstart this aspect of the game, we are currently offering Asteroid NFTs (via our Genesis NFT) that contain significant amounts of elements that can be mined and are critical to building wealth in our metaverse. We will later offer a marketplace to buy, sell, and trade on a futures exchange these elements.
Once we complete the milestone of selling our Genesis Asteroid NFTs, we will start selling planet and moon NFTs that are closest to Earth. Planets and moons are the hub for societies and industries in CollectiVerse. They can be bought as whole NFTs by existing communities (e.g., NounsDAO, BAYC, etc) or as fractionalized NFTs (where we divide the planet and moon into 10,000 fractional shares) where they can be bought by a group of investors. Projects building on our no-code protocol can also use our fractional NFTs in order to participate in our collective metaverse. We will discuss the utility and economics of the NFTs in the next section.
Lastly, we will focus to make our collective metaverse accessible to anyone, where the DeFi and NFT mechanics are hidden. This should appeal to anyone, especially gamers. We also expect it to appeal to the academic world where universities will request their own planets to enable students across a variety of majors to experiment and learn the real world complexities of building a viable society and economy.
Last updated