MetaMetaverse is working to make the metaverse interoperable. Founder Joel Dietz – one of the figures behind Metamask – is in the process of raising funds for the new company. Currently, Dietz has raised $2 million for the company which will use blockchain technology.
The MetaMetaverse will utilize a metadata protocol similar to a Layer 1 blockchain protocol to interconnect the many metaverses popping up. The idea is similar to the metaverse depiction in Ready Player 1, in which all digital worlds connect through a central hub. Dietz’s platform offers a programming language developed to create and manage virtual worlds. The language also has the capability to run games and map out parallel realities within metaverses.
“There is a critical mass of people in the Web3 space that do want to do something and have a positive legacy that goes beyond I have a bunch of money in my wallet,” Joel Dietz told Venture Beat. “I want to work with those people. Basically, I’m saying we can build things that are better than what exists today.”
The Growing Metaverse Industry
Hype for the metaverse continues to grow as companies like Niantic and Meta pour more and more resources into Web3 technologies. Earlier this month, Niantic purchased 8th Wall to allow developers to create AR metaverses. In the same vein, Qualcomm recently launched a $100 million Metaverse fund. While many companies are eager to explore the potential of the metaverse, some prefer to poke fun, like Heineken introducing the first virtual beer.
Build Your Own Metaverse
Much like Auggy, Dietz’s platform also offers tools for users to build their own metaverses. Both individuals and corporations can create a metaverse that they can, in turn, subdivide and sell. Users can also sell digital items within their metaverse.
Additionally, MetaMetaverse will be selling items like MetaShips, which Dietz feels will be the platform’s primary mode of transportation. In fact, the company is holding a contest to give away 1,000 MetaShips to users who follow directions to enter on social media. MetaShips will include upgrades for faster speeds, style, and improved functionally.
“Metaverse is ten times bigger than crypto. In 30 years, every building in every city will be designed and sold in the metaverse,” adds Dietz.