BINGO BANGO Profile picture
Feb 5, 2022 12 tweets 7 min read Read on X
Why the #Metaverse is kinda' dumb...

And how it can save the world.

(or, everyone is missing the true potential of the metaverse)

a thread
🧵👇
What's the metaverse?

Some define it as a persistent 3D universe (or multiverse) that allows users to meet, game, and socialize in virtual spaces.

Some will say it's basically a 3D virtual social media with games, meeting rooms, clubs, and cities.

I hope they're wrong
The true potential of the metaverse goes beyond what you see in the movie Ready Player One.

After all, Ready Player One is dystopian. The world has gone to shit.

People live in slums.

They use the digital world to escape the physical world.

It's a pretty depressing movie
Who wants that? Nobody.

The question is:

How can the metaverse make our lives in the physical world BETTER?

How can the metaverse become a HUMANIZING force?

How can the metaverse make the world work for everyone?

There are 2 ways:

1.] Prototyping

2.] #Cosmolocalism
1. PROTOTYPING

Nikola #Tesla, the Serbian inventor, had a superhuman mind.

Legend goes he could build complex electrical machines in his imagination.

Piece by piece, he would put them together.

And if they worked in his mind, he knew they would work in the physical world.
Is it true? I don't know.

But think about how crazy that would be.

He could calculate the laws of physics inside his mind...

And use them to prototype his inventions.

Before he wasted a penny on physical materials.

BTW, THIS is the REAL reason the metaverse is exciting.
Truth is...

I don't care about buying digital land in @TheSandboxGame next to @snoopdogg to put up a billboard.

I don't care about work meetings in a #Meta virtual boardroom.

I don't care about virtual concerts in @decentraland
I DEFINITELY don't care about using VR to...

--> Dissociate cows from reality
--> Dissociate people from reality
--> Replace reality with a virtual world

I want the metaverse to bring us CLOSER to reality.
What do I care about then?

Using the metaverse as a prototyping technology.

--> Prototyping cheap homes that can last generations

--> Prototyping new cities

--> Prototyping new ways of growing food

--> Prototyping life-enhancing and life-saving technologies
The metaverse is useful because:

We'll be able to imagine & prototype ways to make our lives better for pennies...

Without wasting tons of resources on things that don't work.

The metaverse isn't 3D social media.

The metaverse is a GLOBAL DESIGN HUB.

& ARTISTS will rule
The metaverse is an open, permissionless, dynamic marketplace for designs.

Now, combine that with current trends in NFTs and manufacturing, and you have:

2.] COSMOLOCALISM

#Cosmolocalism means: global design, local manufacturing

And it's a big f***in deal.
More on #cosmolocalism... and what crypto networks are going to rule the metaverse... soon.

BTW...

I go MUCH deeper into crypto's true potential in the upcoming book:

WAGMI: How DeFi, DAOs, and NFTs can change the world

Stay tuned for details.

#WAGMI #WAGMIBOOK #GM

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with BINGO BANGO

BINGO BANGO Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @digiphysical

Feb 5, 2022
(1/13)

How @AxieInfinity and @YieldGuild can save the world.

(Why the world is broken... and how crypto could help fix it.)

#AxieInfinity #P2E #P2Egaming

a 🤯🧵👇
Axie Infinity, as you know, is a game where players breed, battle, and trade digi-pets called Axies.

The goal is to earn Small Love Potions - SLPs.

SLPs can be traded for other cryptos and traded for fiat.

Thus, the "play-to-earn" model.

#P2E #P2Egaming #playtoearn
It became bigly popular in "developing" countries like the Philippines, which were hit hardest during the COVID lockdowns.

This awesome Coindesk article by @leah_cb goes into more detail:
coindesk.com/business/2021/…
Read 13 tweets
Feb 4, 2022
Crypto is eating the world.

Perhaps the most interesting trend right now:

NFT projects are becoming global brands.

For example, #BAYC is now a globally-recognized brand with a market cap of almost $3 billion.

What does this mean? Where are we headed?

👇🧵
Consider, everyone who owns a Bored Ape has commercial rights to that ape.

Meaning, they can produce their own clothing, TV shows, and more.

Creative Artist Agency (CAA), the largest talent agency in Hollywood, has a Bored Ape as a client.

That's insane.
This model has turned Bored Apes into a marketing machine.

Cryptopunks, by the way, don’t give commercial rights. They are instantiated into crypto art history, so they don't need it.

But I think it's the reason why BAYC flipped punks.

But here’s why this is interesting…
Read 6 tweets
Feb 4, 2022
Crypto, "Idea Sex," & the Rise of Decentralized Science #DeSci 🧵🧵🧵👇

How will crypto accelerate innovation in the real world?

How will they change science? Architecture? Engineering? Biology?

One word: Decompartmentalization.

A thread...

👇👇 👇
Decentralization is a popular buzzword in crypto.

For good reason.

But decentralization is just what happens on the surface.

The ripple effects are:

--> Decompartmentalization
--> Dematerialization
--> Deinstitutionalization

In this thread, we'll unpack the first one.
DECOMPARTMENTALIZATION

Science is notoriously compartmentalized. Why? Because it operates under a military model.

In fact, all our systems operate under a military model -- from schools to research departments to local governance.

It's what I call the "War Game Society"
Read 13 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(