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The Metaverse Episode featuring Webaverse, Loomdart & Jin

By Superteam

Published on 2022-05-20

Explore the future of the open metaverse with Webaverse founders and crypto influencers as they discuss decentralized digital identities, NFTs, and community-driven virtual worlds.

The notes below are AI generated and may not be 100% accurate. Watch the video to be sure!

The Promise of an Open Metaverse

The concept of the metaverse has been gaining traction in recent years, with tech giants like Facebook (now Meta) investing heavily in virtual reality and digital worlds. However, there's a growing movement advocating for an open, decentralized metaverse built on web standards and blockchain technology. This vision was explored in depth during a recent podcast featuring the founders of Webaverse, an open-source metaverse project, along with crypto influencer Loomdart.

The discussion painted a vivid picture of two potential futures: one dominated by centralized corporate entities like Meta, and another built on open protocols and community-driven development. As Ahad, co-founder of Webaverse, explained, "The main idea here is that either you can be in an environment which is not made by yourself and you know, you can live in it in which the data is not yours, it's controlled by the platforms, which exists even today. But now we're seeing with Web3, I think the biggest shift, which is the disintermediation of data and services."

Webaverse: Pioneering Open Standards for the Metaverse

At the heart of this open metaverse vision is Webaverse, a project that aims to create a set of standards and protocols for building interconnected virtual worlds. Jin, another co-founder, described Webaverse as "a 3D version of a web browser that you can actually play and that you would most critically want to play."

The team's approach is rooted in web technologies and open standards, leveraging the ubiquity of web browsers and GPUs to create accessible and interoperable virtual experiences. As Jin explained, "Essentially, everything's running the web, even like your iPhone apps are essentially web apps a lot of the time. Like this technology has completely taken over the world."

NFTs and Digital Identity in the Metaverse

One of the key components of Webaverse's vision is the integration of NFTs (Non-Fungible Tokens) as a means of representing digital assets and identities in the metaverse. The team sees NFTs as a way to bring existing crypto communities and assets into immersive 3D environments.

Loomdart, known for his involvement in NFT projects like Wassies, highlighted the cultural significance of these digital assets: "The Wassie aesthetic is also just super unique. Like, no other thing looks like this. And that kind of gives some power to it as well, where like, it's very identifiable."

This uniqueness and identifiability play a crucial role in the concept of digital identity within the metaverse. Jin elaborated on this point, saying, "Avatars are like the next version of our social media profiles. Right now, like, you know, we have like a 2D PFP representation, but like from an avatar that is like your digital identity, your audio visual representation, and you can create all sorts of different, I guess, variations of it."

The Internet Cinematic Universe

One of the most intriguing concepts discussed during the podcast was the idea of an "Internet Cinematic Universe." This notion envisions the metaverse as a space where various internet cultures, memes, and communities can come together and interact in a shared virtual environment.

Jin explained this concept, drawing parallels to traditional media franchises: "We see big studios in which they have their IP, they have their characters like Disney and Owens Marvel, for example, and they create transmedia around this collection, you know, games, movies, comics, etc. But the universe that we live work and play in is here on the internet."

This vision of the metaverse goes beyond simply recreating existing IP in a virtual space. Instead, it embraces the unique cultures and characters that have emerged organically from internet communities. As Ahad pointed out, "These are characters which people interact with on a daily basis. They're probably more relevant to many people than your Superman and Batman."

The Role of AI in the Metaverse

The podcast also touched on the potential for artificial intelligence to play a significant role in bringing the metaverse to life. Jin highlighted the rapid advancements in AI technology and its potential applications in creating dynamic, interactive virtual environments:

"The tooling has gotten crazy good. I can't even show you a lot of this stuff because it hasn't passed like approvals from OpenAI, but like there are ways that you can drop in your NFT, have it come to life, have conversations with the other NFTs that are around you looking at your Twitter, for example, and basically giving your character a real life presence in a metaverse in VR."

This integration of AI could dramatically enhance the immersiveness and interactivity of metaverse experiences, allowing users to engage with their digital assets in new and exciting ways.

Challenges and Opportunities for Creators

The open metaverse presents both challenges and opportunities for creators and developers. On one hand, it offers unprecedented freedom for expression and innovation. As Jin noted, "A lot of what crypto Twitter has become is kind of like the evolution of social media, except it's built on this weird protocol of Twitter, which like really wasn't made for it."

Webaverse aims to provide tools that empower creators to fully express themselves in this new medium. This could lead to a democratization of content creation in the metaverse, similar to how social media platforms have enabled anyone to become a content creator.

However, the team also acknowledged the challenges of building an open, decentralized system that can compete with well-funded corporate initiatives. Loomdart expressed concern about the limited window of opportunity: "We have a very short wind of opportunity here. And I think the fact that like webverse is actively been building on this stuff and like has them system almost ready to go like is kind of key."

The Importance of Open Standards

Throughout the discussion, the importance of open standards and interoperability was repeatedly emphasized. Jin outlined six key virtues that make a metaverse truly open:

  1. Freedom of expression
  2. Freedom to transact
  3. Leveraging interoperable open standards
  4. Right of exit
  5. Strong guarantees of privacy
  6. The ability to view and understand what's happening "under the hood"

These principles are fundamental to Webaverse's vision of an open metaverse that empowers users and creators rather than trapping them in closed ecosystems.

The Future of Social Interaction in the Metaverse

The podcast also explored how the metaverse might change the nature of social interaction online. The team behind Webaverse sees potential for more immersive and expressive forms of communication that go beyond traditional text-based social media.

Jin suggested that the next evolution of social media is likely to be "very metaverse-y," with people using more sophisticated tools to express themselves and create content. This could lead to new forms of storytelling and community-building that blend elements of gaming, social media, and creative expression.

Webaverse's Development Approach

One of the key differentiators of Webaverse is its commitment to open-source development and transparency. As Jin mentioned, "We do all of our development in the open, so we try to broadcast everything on Twitter. So, everyone can just follow our Twitter. So, the app has a live demo, like anybody can check it out. It's like we do development 100% in the open."

This approach not only fosters trust within the community but also encourages collaboration and innovation from developers and creators around the world.

The Role of Solana in the Open Metaverse

While not explicitly discussed in the podcast, it's worth noting that Webaverse is looking to integrate with Solana, a high-performance blockchain known for its speed and low transaction costs. This integration could potentially address some of the scalability and cost issues that have hindered the adoption of blockchain-based virtual worlds on other platforms.

Solana's capabilities could enable more complex and interactive metaverse experiences, supporting the real-time transactions and interactions necessary for a truly immersive virtual world. The combination of Webaverse's open standards and Solana's performance could create a powerful foundation for the next generation of decentralized applications and virtual experiences.

Community-Driven Development and Storytelling

One of the most exciting aspects of the open metaverse vision presented by Webaverse is the potential for community-driven development and storytelling. Unlike traditional media where stories and characters are created by centralized studios, the metaverse allows for a more collaborative and decentralized approach to content creation.

Ahad emphasized this point, saying, "I think the future of me, like the new media, which is going to exist, the lines are going to blur very much between what we classify as production and again, production being done in VR worlds, virtual productions are already happening."

This shift towards community-driven content creation could lead to more diverse and innovative storytelling, as well as new forms of digital culture that emerge organically from user interactions within the metaverse.

The Intersection of Gaming and the Metaverse

The podcast also touched on the relationship between gaming and the metaverse. Many of the tools and technologies being developed for the metaverse have their roots in gaming, and there's significant overlap between the two domains.

Jin highlighted this connection, noting that "A lot of what we have to do is be the guinea pigs and take it seriously and build our own first party game on top of essentially the protocols that we're talking about."

This approach of using gaming as a proving ground for metaverse technologies could help drive adoption and demonstrate the potential of open, interoperable virtual worlds.

The Economic Potential of the Open Metaverse

While not explicitly discussed in the podcast, the economic implications of an open metaverse are significant. By enabling true ownership of digital assets through NFTs and providing open platforms for creators, the metaverse could create new economic opportunities and business models.

The integration with blockchain technology, particularly high-performance networks like Solana, could facilitate seamless transactions and value exchange within virtual environments. This could lead to the emergence of complex virtual economies that blur the lines between the digital and physical worlds.

Challenges and Concerns

Despite the optimism surrounding the open metaverse concept, the podcast also touched on some of the challenges and concerns facing its development. One key issue is the need to compete with well-funded corporate initiatives like Meta's vision for the metaverse.

Loomdart expressed concern about the limited window of opportunity, saying, "An issue there is when the Facebook metaverse comes out in like one years or two years or so, people are going to kind of embed in that and be like, Oh snap, this thing's actually pretty cool."

This highlights the urgency felt by projects like Webaverse to develop and promote open alternatives before centralized platforms can dominate the space.

The Importance of User Experience

Another crucial factor in the success of an open metaverse will be the quality of the user experience. While open-source projects often prioritize freedom and flexibility, they sometimes lag behind corporate offerings in terms of polish and ease of use.

The Webaverse team seems acutely aware of this challenge, with Jin noting, "I think a lot of what we have to do is be the guinea pigs and take it seriously and build our own first party game on top of essentially the protocols that we're talking about."

By focusing on creating engaging experiences that showcase the potential of their open standards, Webaverse aims to demonstrate that decentralized solutions can compete with corporate offerings in terms of user experience.

The Role of Digital Identity in the Metaverse

The podcast delved deep into the concept of digital identity and its importance in the metaverse. Unlike traditional online identities, which are often tied to real-world information, metaverse identities can be more fluid and expressive.

Loomdart, known for his blueberry avatar, explained the appeal of these digital personas: "It's kind of like the beauty of Twitter is that like you can really just mold into anything you want. And there's no kind of like nothing about your kind of real life identity really matters that much in terms of your image."

This freedom of self-expression could be a key selling point for open metaverse platforms, allowing users to explore different facets of their identity in ways that aren't possible in the physical world.

The Potential for New Forms of Collaboration

The open metaverse could also enable new forms of collaboration and co-creation. By providing shared virtual spaces and tools for real-time interaction, platforms like Webaverse could facilitate creative processes that are difficult or impossible in traditional online environments.

Jin hinted at this potential, saying, "We have a lot of the tools to create our own like stories within virtual worlds as the sets and these avatars as like character designs and yeah, animated and create games out of it. It's all kind of emerging."

This collaborative potential could be particularly exciting for fields like game development, film production, and virtual event planning, where teams could work together in immersive 3D environments regardless of their physical location.

The Importance of Interoperability

One of the core principles of the open metaverse vision is interoperability – the ability for users to move seamlessly between different virtual environments while retaining their assets and identity. This is in stark contrast to current online platforms, which often operate as walled gardens.

Jin emphasized the importance of this principle, listing "leveraging interoperable open standards" as one of the key virtues of an open metaverse. This interoperability could lead to a more diverse and vibrant metaverse ecosystem, where users have the freedom to choose the environments and experiences that best suit their needs and preferences.

The Role of Blockchain in the Metaverse

While the podcast didn't delve deeply into the technical aspects of blockchain technology, it's clear that cryptocurrencies and NFTs play a crucial role in the open metaverse vision. These technologies enable true digital ownership and facilitate value exchange in virtual environments.

The potential integration with Solana, known for its high performance and low transaction costs, could address some of the scalability issues that have hindered broader adoption of blockchain-based virtual worlds. This could pave the way for more complex and interactive metaverse experiences that can handle large numbers of users and transactions in real-time.

The Potential Impact on Traditional Industries

The rise of the metaverse could have far-reaching implications for many traditional industries. Entertainment, education, retail, and even workplace collaboration could all be transformed by immersive virtual environments.

While not explicitly discussed in the podcast, it's worth considering how an open, decentralized metaverse might impact these sectors differently than a corporate-controlled version. Could we see new forms of decentralized organizations emerging in virtual spaces? How might education evolve when students and teachers can interact in customizable 3D environments?

The Importance of Community in the Metaverse

Throughout the podcast, the importance of community in shaping the metaverse was a recurring theme. From the emergence of NFT communities to the collaborative creation of virtual worlds, it's clear that the social aspect of the metaverse is central to its appeal.

Ahad highlighted this, saying, "These are not just like profile pictures. They're they're basically sentiments attached behind these profile pictures. NFTs act as shelling points in which these digital communities are aggregating and a sort of a sub micro internet culture is emerging with these communities."

This community-driven approach could be a key differentiator for open metaverse platforms, fostering a sense of ownership and investment among users that may be harder to achieve in corporate-controlled environments.

The Future of Work in the Metaverse

While not a primary focus of the discussion, the potential impact of the metaverse on the future of work is an important consideration. As remote work becomes more common, virtual environments could provide new ways for teams to collaborate and interact.

The open standards advocated by projects like Webaverse could be particularly beneficial in this context, allowing organizations to create customized virtual workspaces without being locked into a single platform or provider.

The Role of AI in Shaping Metaverse Experiences

The podcast touched on the exciting potential of AI in creating more dynamic and interactive metaverse experiences. Jin's comments about using AI to bring NFTs to life and facilitate interactions between digital avatars hint at a future where virtual worlds are populated by both human-controlled avatars and AI entities.

This integration of AI could dramatically enhance the richness and complexity of metaverse environments, creating more immersive and engaging experiences for users. It could also open up new possibilities for storytelling and game design, with AI-driven characters and narratives that respond dynamically to user actions.

The Importance of Privacy and Data Ownership

While the open metaverse promises greater freedom and interoperability, it also raises important questions about privacy and data ownership. Jin listed "strong guarantees of privacy" as one of the key virtues of an open metaverse, highlighting the importance of this issue.

As users spend more time in virtual environments and generate increasing amounts of data, ensuring that this information is protected and remains under user control will be crucial. The use of blockchain technology and decentralized storage solutions could play a key role in addressing these concerns.

The Potential for New Economic Models

The open metaverse, with its foundation in blockchain technology and digital ownership, has the potential to enable new economic models that blur the lines between the virtual and physical worlds. While not extensively discussed in the podcast, the implications of this are significant.

From play-to-earn games to virtual real estate and digital collectibles, the metaverse could create new forms of value and new ways for creators to monetize their work. The integration with high-performance blockchains like Solana could facilitate complex economic systems within virtual worlds, potentially leading to the emergence of entirely new industries and job categories.

The Challenge of Governance in Open Systems

As the metaverse evolves, questions of governance and decision-making in open, decentralized systems will become increasingly important. While the podcast didn't delve deeply into this topic, it's a crucial consideration for the long-term viability of open metaverse platforms.

How will disputes be resolved? How will standards be updated and maintained? These are complex questions that projects like Webaverse will need to grapple with as they grow and evolve.

The Role of Education in Metaverse Adoption

For the open metaverse to succeed, educating users about its benefits and potential will be crucial. The podcast highlighted the need to "red-pill" people about the possibilities of the metaverse, suggesting that there's still significant work to be done in terms of public understanding and acceptance.

This education effort could involve demonstrating use cases beyond gaming and social interaction, showcasing the potential of the metaverse for fields like education, professional training, and scientific visualization.

The Importance of Accessibility

While not explicitly discussed in the podcast, ensuring that the metaverse is accessible to a wide range of users will be crucial for its long-term success. This includes both technical accessibility (ensuring that the necessary hardware and software are widely available and affordable) and usability (creating interfaces and experiences that are intuitive and easy to navigate).

The web-based approach taken by Webaverse, which leverages existing browser technology, could be a step towards making the metaverse more accessible to a broader audience.

The Potential for Cross-Cultural Exchange

As a global, decentralized platform, the open metaverse has the potential to facilitate unprecedented levels of cross-cultural exchange and collaboration. Virtual environments could bring together people from diverse backgrounds in ways that transcend physical and cultural boundaries.

This potential for global connection and collaboration could have profound implications for fields like education, diplomacy, and cultural exchange.

The Need for Ongoing Innovation

Throughout the podcast, it was clear that the development of the open metaverse is an ongoing process that will require continuous innovation and experimentation. From new forms of user interaction to novel applications of AI and blockchain technology, there's still much work to be done in realizing the full potential of this concept.

The open, collaborative approach advocated by projects like Webaverse could be key to driving this innovation, allowing developers and creators from around the world to contribute to the evolution of the metaverse.

In conclusion, the vision of an open, decentralized metaverse presented in this podcast offers an exciting glimpse into a possible future of the internet. By prioritizing user freedom, interoperability, and community-driven development, projects like Webaverse are working to create virtual worlds that empower rather than exploit their users. As this technology continues to evolve, it has the potential to reshape how we interact, create, and do business in digital spaces. The integration with high-performance blockchain networks like Solana could play a crucial role in realizing this vision, providing the scalability and efficiency needed to support complex, interactive virtual environments. While challenges remain, the passion and innovation displayed by the teams working on these projects suggest a bright future for the open metaverse.

Facts + Figures

  • Webaverse is an open-source metaverse project built on web standards and blockchain technology.
  • The project aims to create a set of standards and protocols for building interconnected virtual worlds.
  • Webaverse is described as "a 3D version of a web browser that you can actually play."
  • The team is looking to integrate with Solana, a high-performance blockchain known for its speed and low transaction costs.
  • Webaverse is hiring, particularly looking for strong developers, especially those with game development experience.
  • The project does all of its development in the open, with live demos available for anyone to check out.
  • Jin outlined six key virtues that make a metaverse truly open: freedom of expression, freedom to transact, leveraging interoperable open standards, right of exit, strong guarantees of privacy, and the ability to view and understand what's happening "under the hood."
  • The podcast featured discussion of NFT projects like Wassies, which demonstrate the cultural significance of digital assets in crypto communities.
  • The concept of an "Internet Cinematic Universe" was introduced, envisioning the metaverse as a space where various internet cultures, memes, and communities can interact.
  • AI technology is seen as playing a significant role in bringing the metaverse to life, with potential applications in creating dynamic, interactive virtual environments.
  • The open metaverse is seen as having the potential to enable new economic models and business opportunities.
  • The team expressed concern about the limited window of opportunity to establish open metaverse platforms before corporate-controlled versions dominate the space.
  • The importance of digital identity in the metaverse was emphasized, with the potential for more fluid and expressive online personas.
  • The podcast highlighted the potential for the metaverse to enable new forms of collaboration and co-creation in virtual spaces.
  • The integration of blockchain technology, particularly high-performance networks like Solana, is seen as crucial for facilitating seamless transactions and value exchange within virtual environments.

Questions Answered

What is Webaverse?

Webaverse is an open-source metaverse project that aims to create a set of standards and protocols for building interconnected virtual worlds. It's described by its creators as "a 3D version of a web browser that you can actually play." The project is built on web standards and blockchain technology, with the goal of creating an open, decentralized metaverse that empowers users and creators rather than trapping them in closed ecosystems.

How does Webaverse differ from corporate metaverse projects?

Webaverse differs from corporate metaverse projects in its commitment to open standards, interoperability, and user empowerment. Unlike closed, corporate-controlled platforms, Webaverse aims to create a metaverse where users have true ownership of their digital assets, freedom of expression, and the ability to move seamlessly between different virtual environments. The project also emphasizes transparency, with all development done in the open and live demos available for anyone to check out.

What role do NFTs play in the Webaverse vision?

NFTs (Non-Fungible Tokens) play a crucial role in the Webaverse vision as a means of representing digital assets and identities in the metaverse. The team sees NFTs as a way to bring existing crypto communities and assets into immersive 3D environments. NFTs can represent anything from avatar accessories to virtual real estate, enabling true digital ownership and facilitating value exchange within the metaverse.

How does AI factor into the Webaverse project?

AI is seen as a key technology for bringing the metaverse to life in the Webaverse project. The team envisions AI being used to create more dynamic and interactive virtual environments, such as bringing NFT characters to life and enabling them to have conversations with users. This integration of AI could dramatically enhance the immersiveness and interactivity of metaverse experiences, allowing users to engage with their digital assets in new and exciting ways.

What are the six virtues that make a metaverse truly open, according to Webaverse?

According to Jin from Webaverse, the six virtues that make a metaverse truly open are: 1) Freedom of expression, 2) Freedom to transact, 3) Leveraging interoperable open standards, 4) Right of exit, 5) Strong guarantees of privacy, and 6) The ability to view and understand what's happening "under the hood." These principles are fundamental to Webaverse's vision of an open metaverse that empowers users and creators rather than trapping them in closed ecosystems.

How does Webaverse plan to compete with well-funded corporate metaverse initiatives?

Webaverse plans to compete with well-funded corporate metaverse initiatives by focusing on open standards, community-driven development, and creating engaging experiences that showcase the potential of their platform. The team is actively building their own first-party game to demonstrate what's possible with their technology. They also emphasize the importance of moving quickly to establish open alternatives before corporate-controlled platforms can dominate the space.

What is the "Internet Cinematic Universe" concept discussed in the podcast?

The "Internet Cinematic Universe" is a concept discussed in the podcast that envisions the metaverse as a space where various internet cultures, memes, and communities can come together and interact in a shared virtual environment. Unlike traditional media franchises controlled by big studios, this vision embraces the unique cultures and characters that have emerged organically from internet communities, creating a more diverse and user-driven narrative landscape in the metaverse.

How does Webaverse plan to integrate with Solana?

While not discussed in detail in the podcast, it was mentioned that Webaverse is looking to integrate with Solana, a high-performance blockchain known for its speed and low transaction costs. This integration could potentially address some of the scalability and cost issues that have hindered the adoption of blockchain-based virtual worlds on other platforms. The combination of Webaverse's open standards and Solana's performance could create a powerful foundation for complex, interactive metaverse experiences.

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