Say Goodbye to the Centralized Metaverse and Hello to the NFT Metaverse
September 19 2021 - 4:00AM
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The centralized metaverse is a term used to describe the dominant
model of virtual worlds that was developed by companies like Linden
Lab. The centralized metaverse has been around for over 20 years
and has become a big part of people’s lives. In the early days of
the Internet, there were many different ways to interact with
websites. Some people used browsers while others used separate
applications like Netscape Navigator or Internet Explorer. Some
people even had their own custom-built applications that they would
use exclusively for interacting with certain websites. Eventually,
however, all these different interfaces converged into one single
interface: the browser. And once this happened, we realized that
having multiple interfaces for accessing the same content was not
only confusing but also inefficient. So we decided to standardize
on one interface — HTML — and build everything else off of it. This
is how we standardized on a single web browser and built everything
else off of it: email clients, social media platforms, news
aggregators…the list goes on and on. The Metaverse: The Evolution
of the Internet What if instead of building everything else off of
HTML we had built everything else off of another technology? What
if instead of building email clients and social media platforms off
of HTML, we had built them on blockchain? It turns out that having
an immutable ledger as your foundation makes a lot more sense, as
it means that users maintain complete ownership of their assets.
Next Earth is pioneering the next evolution of the metaverse. It’s
a decentralized metaverse that allows users to own and monetize
digital assets, via a virtual replica of Earth. The Next Earth team
is working hard to build a better metaverse, one where users can
own their digital assets, developers have access to a powerful
development toolkit, and value is created for both NFT collectors
and creators. So what does this have to do with the death of the
centralized metaverse? Well, in order for us to move from one model
— where all our content is hosted by one company — to another model
— where all our content is decentralized — we are going to have to
abandon some things along the way because they are no longer
necessary in a decentralized world. The Issues With Centralized
Metaverses The centralized metaverse has been plagued by a
number of issues over the years, primarily relating to the lack of
self-ownership of your own assets. The main issue with centralized
virtual worlds is that they are controlled by a single entity. This
means that one person or group can take complete control of the
metaverse and dictate how it operates. In Earth2, for example,
there is only one estate owner in the end – Earth2 itself – who
controls everything in the game world. This includes all land
parcels, buildings, and even where other players can build their
own structures. All of the assets have to be hosted on Earth2’s
servers and are not their own entities. This centralized control
structure means that malicious actors could access these worlds and
use them in ways they never intended. This is why many players
prefer decentralized NFT metaverses like Next Earth over
centralized ones like Earth2 or Facebook. Besides the lack of
self-ownership, centralized metaverses also suffer from another
major problem: censorship. In Earth2, for example, the centralized
owners can censor content or remove it altogether if they choose to
do so. This means that not only is freedom of speech restricted in
these games, but also any and all forms of art and expression. In
fact, centralized firms even have the power to delete other players
from their game world entirely, much like how China has been using
its centralized social media platforms to purge undesirable
citizens over the past few years. The main issue with centralized
metaverses is that they are controlled by a single entity. This
means that one person or group can take complete control of the
metaverse and dictate how it operates. As more and more people come
to this realization, we’ll see the growth of the NFT metaverse.
Photo by Executium on Unsplash
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