Metaverse Creator Economic Outlook

Part.1 Knowledge

The Metaverse is a hot topic right now and taking the world by storm. Of course, the concept of the virtual world is not as simple as it seems, and the realization of the virtual world requires graphics, game machines, metaverse industrial models, fire equipment, electricity and IP, and finally a solution to bring AR/VR. .

Google keyword search for 'metaverse'

the power of the virtual world

We see the metaverse as the next layer application for relationships., Facebook (now Meta) is transitioning from a flat 2D social media platform to a newer experience. The greatest demand of the virtual world is that it allows people to participate in simulations with some independence from the real world. And the higher the independence, the longer the design time.However, a high degree of independence does not always mean better.: The game world must have rules to ensure that the game is complete.

The concept of the metaverse began in 2003 as an experiment by Linden Lab. They called the virtual world "Second Life", and the project also got some space. Today, we don't want to extend that reality to the entertainment industry with movies like Marvel and Star Wars, games like Grand Theft Auto and Horizon: Dawn, and virtual simulations like Roblox, Minecraft, and Fortnite.

Companies create the metaverse (for presentation, not for capital information)

Centralized Metaverse: Roblox

Let's start by identifying the rise and impact of the metaverse mean. The blockchain metaverse has a lot to offer, but some innovations in the metaverse medium in terms of price, industry structure, and product are surprising as it is the easiest for the blockchain metaverse to navigate. Fortnite is a great game, but Roblox's business model has the best integration with blockchain/metaverse games. Sandbox is already compliant with Roblox Vision and GTM.

Roblox provides native technology to 9.4 million game developers, enabling them to publish over 40 million games on the Roblox platform and later on all games including mobile, desktop and desktop. brackets. The platform and tools (Roblox's proprietary game engine) are provided free to developers, and while publishing games for profit, they earn Robux (virtual in-game currency). As of Q2 2021, Roblox developers have already earned $249 million. From this point of view, Roblox Metaverse is a product distribution and distribution platform.

Roblox introduces $Robux and offers customers both free and paid samples by allowing parents to set up their wallets in advance (at least the risk of the bank being unknown) and convert that money to USD when needed. Roblo receives around 1.25% off each Robux purchase (~$12.50 for 1000 Robux).

After all, advertising, licensing, and expenses are only a small fraction of Roblox's revenue. This out/out deal is with Disney's Marvel, LEGO, of&t Warner Bros., Walmart, and more. Roblox works with makers and brands to grow their business. Developers retain all rights to an IP address, but Roblox reserves the right to license an IP address and collect fees when that IP address appears on websites, forums, etc.

Question: Some files are decided only for media, because some games are not closed on the channel and do not open the source.

"Big 4" Blockchain Metaverse : Sandbox, Decentraland, Somnium Space et Cryptovoxel

In Google search, the terms most commonly associated with the metaverse are cryptocurrency and blockchain. It should be noted that in the metaverse blockchain, people can buy land and then adjust the land to their liking. This cannot be done in the root system. Management tokens such as $MANA and $SAND allow users to participate in the management platform.

1) Dream place

Somnium Space is a variant of the platform with VR technology and is currently in partnership with Tesla Suit. As the platform has gained traction on the Metaverse, recent developments have accelerated the development of Somnium Space's VR headset, Somnium Wallet, and incubating Metaverse creators. For now, Somnium is only counting on Opensea to become a secondary activity.

The Somnium Space object is Earth, PLOTS, avatars and objects.

Users are referred to SKD and Avatar Design API to help developers create, tokenize and trade avatars. Avatar is donating over $500,000 to Somnium Space in 2021, and this is their first year of existence. It shows the user's love for UGC.

Global is a small world comparable to the top SDK Somnium and can be divided into three categories according to size: 75MB, 200MB and 500MB. Users have the freedom to explore the world of their needs.

Somnium PARCELS is land that can be purchased and processed. All PARCELS have a permanent URL link that users can access at any time on the Site.

2) Decentralized

Decentraland appeared around 2017 and offers developers a wide range of tools. In the Decentraland metaverse, communities could establish local authorities such as Dragon City, and Decentraland also established a base to support these ideas. wMANA, LAND and ESTATE are means of regulatory compliance. Decentraland's LAND and ESTATE NFTs are an integral part of the ecosystem and help users connect their ENS sites to their region. MANA is a symbol of governance and distribution to landowners. MANA tokens are used for the following purposes: the Decentraland Marketplace charges a fee for each transaction, and MANA tokens are used to purchase NFTs on the Decentraland Marketplace, generating increased market share.

Another interesting detail is that Metaverse home loans are backed by the Ripio Credit Network, allowing people to create jobs to buy Parcel sooner. Another implication is that this does not mean that the land has been conserved, it means that other users can still buy land from the market.

Finally, Decentraland is very interested in improving the UGC and Builder brands, which allow designers and producers to create scenes, costumes and more. For current wearables, 10.2,000 users can purchase 71,000 wearables, and the exchange can reach 85.5,000 ETH. In terms of equipment, 161k users buy 640k products, reach the volume of 152ETH.

3) Sandbox

Sandbox focuses on the development of the UGC ecosystem (similar to Roblox) and provides developers with tools such as Voxel Editor, Game Marker and Marketplace modules.

The $SAND Sandbox management token receives 5% of the second transaction fee, half of the reimbursement to the $SAND contractors, and the other half is allocated to the research and development base. The same 25% commission paid on marketing and joint ventures also goes to the $SAND bettor. Recently, Sandbox released a game called Alpha Pass. The game allows users to explore 18 different metaverse experiences and simultaneously win up to $1,000 in sand tokens. To date, 200,000 alpha hub visitors have obtained a total of 5,000 alpha passes, the performance level of the sandbox tool has reached 6,900 ETH, and all products are NFT-based sandbox metaverses.

4) bord Gamefi

Virtual/virtual worlds like Axie Infinity, Illuvium, Star Atlas have metaverse products and create different metaverses but different rules.

enter the metaverse

You can join the company mentioned above and engage in the universe. If you are the first sport, you can enjoy the game edge. If you are a community person in the community, you will enjoy the ideas of the opening of the world, and you will be a way to walk, you will be a way Tracking, you will be a walk, you will be a walk, you will be a walk, you will be a journey, you will be a journey , you will be a path, you will be a walk, you will be a path, you will be a walk, you will be a walk, you will will be a journey, you will be a path, you will be a walk, you will be a walk, you will be a walk, you will be One way to buy ginseng to buy

Metaverse prediction (medium to long)

1) User-generated content is king

In the future, more and more products will be tested in the two-dimensional industry, giving creators and brands the opportunity to co-create and auction. This can be extended to metaverses, avatars and other game elements.The skin and game industry is already part of the gaming world, but future sports will include UGC in the global base. Other UGC strategies like Twitch live streaming and tokenized video streaming will continue to pay off.As Metaverse and its content slowly grows, more diverse live streaming services and esports platforms will appear in the future to create more interactive content for users.

2) Explosion of demand for head-mounted VR

In December 2021, Oculus recorded sales of 5.3 and 6.8 million, and average daily usage increased by 90% compared to the previous year. PlayStation has just announced the release of PlayStation VR2. At CES 2022, there was a lot of talk about AR/VR devices.

3) Interoperable DID enables immersive kev paub metaverse.

The more users know about the metaverse, especially the blockchain metaverse, the moreThe decentralized self can play an important role.Use Sismo, CyberConnect, DeSo, and Mem protocols, for example, to create next-generation protocols from these tasks.

4) Development of type metadata and content metadata

As consumers seek a more aesthetic face, more and more brands are beginning to appeal to consumers, creating their own metaverses such as H&M and Sotheby's Sandbox. Previously, Disney Marvel, using a sandbox game, filed a patent application for a "virtual world simulator" for a theme park metaverse. Musicians such as Snoop Dogg, Deadmau5 and Travis Scott have used the theme for concerts and parties. Recur is another project working directly with the brand to bring content to Web3 via NFT and other knowledge in the metaverse space.

2022 will be a special year for VR technology, content and expansion.The company may grow quietly for the current period (due to today's highly competitive environment), but will also add value to existing platforms for developers and developers.

Part.2 Investment and financial situation

Liquidity Network WOO Network Raises $12M for Strategic Investment los ntawm Binance Labs

* Challenge

WOO Network received a $12 million investment from Binance Labs and announced that it will continue its partnership with BSC. Earlier, WOO Network completed a $30 million Series A fundraising round last November in partnership with Three Arrows Capital, Crypto.com Capital, AscendEX, MEXC Global, Fenbushi Capital, and BitTorrent.

OpenSea has closed its $300 million Series C funding round led by Paradigm and Coatue Management.

* NFT

OpenSea announced that it has closed a $300 million Series C financing with an estimated net worth of $13.3 billion led by Paradigm and CoatueManagement. The funds will be used to improve product quality, improve customer support and customer security, and make a viable investment in the NFT and Web3 communities, and measure the security group. Meanwhile, OpenSea will soon launch a program to support blockchain design and design in the NFT space.

As previously reported, the statement in the issue indicates that OpenSea is seeking new funding at a cost of $13 billion. Meanwhile, OpenSea also plans to raise Dharma for over $100 million.

NFT Gaming Starbot Secures $2.4M Private Funding

* NFT

Solana-Based Robot Battle NFT Game Starbots Completes $2.4M Private Equity Round, No Money, Defi Alliance, Solar Eco Fund, Parsiq), OKEx Blockdream Ventures, TomoChain, Good Game Guilds, Real Deal Guild, Gamee Studio, LuaVentures, KyberNetwork, SolScan, Kairos Ventures, Big Coin Capital, TK Ventures, X Network Capital, Hub Capital, AU21 Capital, Basic Capital, Formless Capital, and Quadhorn Guild participated. Starbots are robots against robots. NFT game based on Solana, in which players use a variety of strategies to assemble their own robots, win battles, complete missions, conquer new lands and earn GEAR tokens as gifts.

Livepeer has completed $20 million in Series B funding, with a total budget of over $50 million.

* Web 3

Livepeer, an Ethereum-based decentralized live video streaming platform, completed a $20 million Series B funding round with a partnership between Alan Howard and Tiger Global, along with existing investors such as Digital Currency Group, Northzone and Warburg Serres. The new fund is financially justified, with Livepeer's total revenue to date of approximately $51 million. Livepeer plans to expand its operations and support video NFTs with new funding. Livepeer, a decentralized video transcoding platform, was acquired by Digital Currency Group (DCG) in July last year and completed the $20 million Series B financial environment in partnership with Coinbase Ventures, CoinFund and Northzone. .

Nametag completes the round with a cost to participate of $30 million through ongoing investment and others.

* Web 3

Nametag just released a statement announcing the achievement of a $30 million report raise with participation from Continue Capital and others. The money was used to build the Web3 social framework on top of the Internet's traditional Web2 architecture. Over the next few months, Nametag will support multiple channels, release the Nametag API, and release NT tokens.

Tribal Credit has closed the $40 million loan.

* Cryptocurrency payments

Tribal Credit, a cryptocurrency-specific payments company, announced $40 million in debt consolidation loans in partnership with California-based investment firm Partners for Development and the Stellar Development Foundation (SDF), an organization in nonprofit that supports the development of the Stellar blockchain. The new funds will be used to expand the company's operations in Latin America.

TDX Strategies Completes $2.5M Series 1 Funding Led by Transcend Capital Partners

* Wealth management

Digital asset management derivatives platform TDX Strategies today announced it has raised $2.5 million in Series A funding led by Transcend Capital Partners in partnership with Gobi Ventures, Baboon VC, Shuangfeng Group, Alameda Ventures, IWM Ventures and more. The fund will drive TDX's strategy to develop new investment solutions for digital assets and expand the reach of commercial products.

NFT data aggregator CryptoSlam closes for around $9 million led by Animoca Brands

* NFT

CryptoSlam, an NFT data aggregator, is led by Animoca Brands and has raised $9 million from Mark Cuban, Voice Ventures, Binance Smart Chain, Stocktwits, Reid Hoffman, founder of recruitment site LinkedIn and co-founder of Mark Pincus . Collaboration of mobile game company Zynga and The Sandbox Sebastien Borget.

Alto Completes $40M Series B Funding Led by Advance Venture Partners

* Wealth management

Another venture capital firm, Alto, has announced that it has closed a $40 million Series B funding round led by Advance Venture Partners in partnership with the venture capital firm, Acrew Capital, Alpha Edison, Foundation Capital, Gainels and Coinbase Ventures. Alto will use the money to expand access to the Alto IRA (retirement account) and Alto CryptoIRA platform, support the work of all internal parties, and continue to develop new products.

Alto is committed to providing users with an independent investment platform to invest their retirement benefits in other assets. Currently, Alto has nearly 20,000 deposits with nearly $1 billion in assets, 40% of which is used to hold cryptocurrencies. Last April, Alto raised $17 million in Series A funding.

Sygnum's digital assets completed a $90 million funding round led by Sun Hung Kai & Co.

* Wealth management

Sygnum, a digital asset bank and trading platform, raised $90m of $800m in new funding. The funding was led by Sun Hung Kai & Co in partnership with Animoca Brands and Meta Investments. As previously reported, in June this year, Swiss asset bank Sygnum announced the acquisition and commercialization of financial services (DeFi) tokens including Aave, Aragon, Curve, MKR, Synthetix, Uniswap and 1inch Network. Following. financial aid.

Decentralized Lending Protocol Goldfinch Completes $25M in Series A Funding Led by a16z

* Challenge

Decentralized lending firm Goldfinch has announced that it has closed a $25 million Series A funding round led by a16z with participation from renowned financial advisor Bill Ackman, crypto investment firm BlockTower and investment management Kingsway Capital. Goldfinch is an open and unsecured lending company and uses a low interest lending system. Previously, Goldfinch completed the $11 million Series A funding round led by a16z with a partnership of Mercy Corps Ventures, A Capital, Access Ventures and Divergence Ventures.

Part.3 IOSG Investment Success

the helper Warning that the network sequencer is down and the money in the system is safe

* Layer 2

Arbitrum, the Ethereum Layer 2 network with Optimistic Rollup technology, claimed that the network connectivity time is up and coming back, and the money in the system is secure. The last block of Arbitrum was created at 6:29 p.m. Beijing time, no new blockchains and exchanges were created for more than 2 hours, and at the same time Matemask wallet could not be connected to the network Arbitrum One.

* Interesting

According to data from PolygonScan, due to the impact of the NFT Sunflower Farmers game, Polygon Gas prices have increased to 500 Gwei. Currently, sunflower growers account for 46.42% of fuel consumption in the Polygon network, while the second is only 4.79%. Sunflower Farmers' mission is to encourage players to receive as many token rewards as possible, and it is understood that players will receive SFF token rewards through smart pledges.

polka surThe 7th Parachain Slots Auction has taken place.

* Wave Card

PolkaDOT's 7th Parachain slot auction starts today at 2:46 am Composable Finance currently collects the most DOT of all Crowdloan companies, followed by Centrifuge, Interlay, Nodle and Litentry. The 7th auction closes on the evening of January 13.

Moon BeamIt will be released on Polkadot mainnet on January 11th.

* polish woman

Eco-friendly smart contract platform Polka Dot Moonbeam Network has announced that it will launch on the Polka Dot mainnet on January 11. Meanwhile, sudo (super account number) has been removed and balance has been changed and EVM operation has been opened. Token holders can earn prizes by winning tournaments and participating in chain management. After the announcement on the network, a large number of participants can enjoy it for the first time, and special plans will be announced later. At the same time, the developer

Sell ​​cBridgeWork with Frax to develop an open source legacy model for multi-chain scaling.

*Hala Ts

cBridge, a cross-chain bridge launched by Celer, layer 2 scaling platform, announced in partnership with Frax, a hybrid algorithmic stability protocol, to achieve multi-chain scalability through a model of open and native client active and does not accept vendor locking. Users can now establish high-speed, low-cost connections to BSC, Polygon, Avalanche, Fantom, Arbitrum and Boba via cBridge.

Part.4 Pulse month

a16z releases web 3 approval policy for world government

* the leader

a16z announced its policy agenda for governments around the world on Friday, with ten principles on how to "make the internet better." In this process, a16z encourages global leaders to consider the benefits of Web 3 policy, develop a clear vision, provide clear and fair rules for taxation of digital assets, and support multi-stakeholder management. The policy framework also encourages international leaders to "manage money effectively" and provide clear governance procedures for stable financial services. Last October, a16z issued a similar report to US lawmakers and recommended that the Financial Services Commission clarify its rights to digital assets.

PayPal is looking to build a stable USD.

*Stablecoin

PayPal is poised to release its own titles as the crypto industry grows, a spokesperson for bulk payment giant PayPal confirmed on Friday. “We are looking for stablecoins,” a PayPal expert said in an email. "We will work closely with relevant stakeholders moving forward."

Evidence of PayPal's investigation into the creation of a stablecoin was shared by developer Steve Moser with Bloomberg, who first broke the news and found it on PayPal's iPhone app. Passwords and images show that "PayPal Coins" will be returned in US Dollars. As noted earlier, PayPal currently monitors Tier 1 and Tier 2 networks that make payments, including Ethereum, Polkadot, Solana, and Algorand.

Data: The total size of Grayscale Financial Management is $43.4 billion.

* Wealth management

Grayscale announced on Twitter that its total assets under management had reached $43.4 billion. Among them, Bitcoin Trust Fund (GBC) traded at $43.28 per share, up 1.14% the day before, and Ethereum Trust Fund (ETHE) traded at $38.27, up 4 .17% the day before.

BitDAO's new strategy is to develop an eco-friendly zkSync accelerator and provide $200 million in funding.

* Knife

BitDAO and Matter Labs seek to develop and fund the community-owned zkSync ecosystem accelerator, launch the zkSync ecosystem, support developers, and provide $200 million to support BitDAO and all DAO development . .

The initial investment allocation is 7.5%, security/audit 7.5%, strategic investment 70%, R&D 5%, training 5%, performance 5%. BitDAO has pledged to provide $200 million worth of various types of cryptocurrencies in five areas: utilities and real estate; support for improving safety and performance; Research and development; leverage market insights for investment classification strategies; and education. .

RMB digital pilot application added 3 offices and 4 types of wallets are anonymous wallets.

* Numerical Yuan

According to the West China Metropolis Daily, compared to the previously released digital renminbi app, the engine of the digital renminbi app includes: industry, agriculture, China, construction, communications, additional filing by mail to Business Bank of China, MYbank (Alipay). ), WeBank (WeChat Payments), users can choose one or two to open an RMB digital wallet. Here four types of wallets are anonymous wallets which can be opened without identifying your phone number. Link your bank account. It should be noted that there are currently nearly 50 market players on the app, including JD.com, Meituan, Ele.me, Tmall Supermarket, Didi, Ctrip, Bilibili, etc.

The US Treasury Department will release preliminary cryptocurrency broker review data this month.

* the leader

The US Treasury Department is expected to issue a statement earlier this month that outlines details of a cryptocurrency brokerage under legislation passed by Congress last year. Biden executives are preparing to decide which cryptocurrency companies should disclose more consumer data to the IRS, sources familiar with the matter said. A further legal request will be made after the first information is released, and the financial agent declines to comment. As previously reported, the Legislature in 2021 passed regulations for crypto brokers, including various disclosure requirements, such as reporting to the IRS and brokers the names and addresses of customers, gross sales, investments or losses. . Crypto industry resources say the law broker's content is too broad to include miners, stakeholders, and software vendors who may not have access to the information.