Imagine an advanced blockchain network that combines different technologies to create a robust foundation for metaverse applications, with an emphasis on user safety and experience. Welcome to Future fresh! It’s not just any blockchain network; it is a vision conceived by Aaron McDonald, Shara Senderoff and Marco Brondani. Their goal? To build a strong neighborhood network promoting interoperability and community-driven user-owned technology.
What is the Open Metaverse?
Futureverse expands on the Open Metaverse, a big idea that aims to turn the Internet into a digital economy owned by the community, not big corporations. The Open Metaverse wants to connect all parts of the internet such as finance, gaming, social media and shopping into one experience.
The Open Metaverse revolves around two key ideas: total involvement and individual ownership. Unlike the current internet, which consists of many separate but interconnected parts, the Metaverse wants to get rid of this division. The aim is to bring together different sectors such as finance, gaming, social media and commerce in one digital experience.
In addition, the Open Metaverse advocates for user control. With open-source code and open standards, it advocates for control to return to communities, deviating from the prevailing scenario where mega-corporations dominate most of our digital assets. This ecosystem empowers users to take real ownership of their content, data, avatars, and intelligence, enabling unrestricted movement between applications.
The Metaverse exists as a collective of user-owned assets and interoperable applications, with each participant contributing an app, metaworld, or content.
The Open Metaverse idea suggests a future for the digital world without the limitations we see in today’s Internet, known as Web2. It envisions a future where all users have a say in how we interact online and share control, providing a superior option for our current internet usage.
Futureverse and its diverse technological spectrum
Futureverse stands out in the blockchain space because it combines several technical elements. It is more than just a decentralized blockchain network. It includes things like identity and passport systems, AI, communication systems, payment methods, and a large collection of content assets.
What is the root network?
Futureverse’s heart and soul rest in the Root network – a public blockchain reminiscent of Ethereum or Bitcoin. Yet with a crucial difference: it is optimized for the Metaverse and GameFi applications.
Connecting essential components
The Root Network is the epicenter where critical components such as identity, AI, communication and payments come together. By integrating these, Futureverse seeks to redefine the user experience within the decentralized internet world.
Unraveling the power of EVM and smart contracts
The Root network protocol is distinguished by the fact that it uses the Ethereum Virtual Machine (EVM). This means it can understand and execute Solidity’s smart contracts, allowing developers to use these contracts more fully. It also allows current Ethereum code and NFT assets to work with the root network.
Collaborations and partnerships
Futureverse’s strength also lies in its collaboration with various web3 projects and renowned partners such as FIFA, Warner Music and numerous celebrities. Furthermore, it is backed by leading venture capital firms including Animoca Brands, Enjin Starter, Flamingo and AirTree.
As we enter the next era of the gaming world, Futureverse represents the exciting intersection of blockchain technologies and the Metaverse, an immersive milestone in the gaming universe.
The Root Network protocol within Futureverse uses the Ethereum Virtual Machine (EVM) to interpret and execute Solidity smart contracts. This allows developers to leverage smart contract functionality and ensures compatibility of existing Ethereum code and NFT ecosystem assets with the root network.
The Open Metaverse is rooted in two key principles: immersiveness and ownership. Immersiveness is about creating a single, unified experience that encompasses all of the current features of the Internet. Ownership, on the other hand, emphasizes returning control to users and communities. It allows users to own their content, identity, data, avatar and more, facilitating their free movement between applications.
The Futureverse blockchain network is a comprehensive platform that combines several technologies. It’s not just a decentralized blockchain network; it integrates identity and passport protocols, AI protocols, communication protocols, payment networks, and a wide variety of content resources to create a solid foundation for metaverse applications, focusing on user safety and experience.
Futureverse builds on the concept of the Open Metaverse. The Open Metaverse is a progressive concept that aims to transform the Internet into a decentralized, community-owned digital economy. Futureverse intends to advance this idea by breaking down the barriers between different internet sectors such as finance, gaming, social media and commerce to create an integrated internet experience.
Futureverse has forged partnerships with various web3 projects and has partnerships with renowned entities such as FIFA, Warner Music and numerous celebrities. It is also backed by leading venture capital firms including Animoca Brands, Enjin Starter, Flamingo and AirTree. These collaborations and partnerships are critical to Futureverse’s strength and expansion.
