Lorenzo DeFinci Profile picture
Mar 14, 2022 20 tweets 21 min read Read on X
The Metaverse - ULTIMATE 🧵

#Metaverse, like #Blockchain, is a word that is becoming more popular but is hardly fully defined.

The intersection of self-sovereignty, limitless networks, VR/AR, data, commerce, #tokenomics, and other concepts is still evolving.

Interested? 👀👇🏻 Image
1/The next big step as an interconnected society is here:

7 billion digital minds capable of living almost fully online and contributing to a society influencing virtual economy

Imagine it.

@daolectic attended the @Everyrealm course on #Metaverse & NFTs

Get ready for it! 👇🏻 Image
2/When Facebook released its @Meta makeover, the #metaverse soared in popularity (and its aim of building its own metaverse).

@Google trends come in our help📈

In the metaverse and #web3, we are presently aiding various new businesses

However, what is web3 compared to 1 & 2? Image
3/#Web1 -> open, community-governed protocols. Most value went to the network's edges (users & builders)

#Web2 -> corporate-run segregated services. Most of the wealth went to @Google, @Apple, @amazon, & @Meta

#Web3 -> #tokenized internet controlled by creators and consumers. Image
4/@janineyorio, @Everyrealm CEO, introduced the #metaverse as:

1. #Immersive as it enables users to go from 2D to 3D virtual worlds using AR, VR & crypto

2. #Interactive

3. #Social

It is a #network of linked experiences & services, devices & items, resources & infrastructure.
5/@ballmatthew, a recognized #metaverse expert and influencer, wrote a long-lasting primer about this incredible world.

We recommend you to take some time in reading it;

matthewball.vc/the-metaverse-…

In the meantime, here you find his own definition of #metaverse👇🏻 Image
6/The #metaverse has a lot to offer to people of different backgrounds and interests.

In a late-2021 survey of 🇺🇸 internet users, moreover as stated they would join the metaverse to benefit from #virtual workplaces and networking. Image
7/The #Metaverse allows you to enter a virtual environment without using a computer.

#AR and #VR are required, coupled with phones and haptic gloves,

➤The virtual environment might be utilized for business, play, concerts, movies, or simply hanging out with friends Image
8/How blockchain is linked with the metaverse?

@Anne_Connelly and Elizabeth Strickler introduce to the whole audience the concepts behind #blockchain & #NFTs, explaining which are their roles within the #Metaverse technological infrastructure. 👇🏻 Image
9/ Through #NFTs, #cryptocurrency is establishing the groundwork for a self-sovereign financial system, an open creative economy, and a universal digital representation and ownership layer.

More time spent online will result in more digital value being generated and consumed. Image
10/To invest time and money in #virtualworlds, people must believe in their long-term economic sustainability.

#Decentralized networks provide a degree of trust and benefits that are unmatched.

People seek new ways to trust institutions because they no longer trust them.
11/ @SomniumSpace is a #VR platform driven by #blockchain.

➤Users can create, import #NFTs, and explore scenes.

The creator @ASychov can bring you into a special journey, where your avatar can wear the latest designer suit as #NFT, having fun with the other users! Image
12/According to @todiba, the #metaverse opens up new digital frontiers for consumers and companies

➤fully accessible to consumers, producers, & businesses

➤brands can establish a new economy thanks to a future of interaction, developing new income streams in a virtual world
13/ Virtual real estate & land ownership are major frontiers:

➤Thanks to #blockchain, users may buy & sell #land in metaverses

➤People believe this #virtual property is worth paying for

➤Ownership indicates a commitment to the #metaverse

➤Its expansion brings engagement Image
14/What about other main trends in #metaverse?

#Gaming - Games will become increasingly #immersive (location-based, social, and interactive) and produced by a large number of people

➤Education & Learning

➤Work collaboration

➤Fashion

➤Live music

➤Phygital experience Image
15/Last, but not least:

@CathyHackl is the profile you MUST follow to learn and embrace your #metaverse journey.

without her, we wouldn't be here to write you about @Everyrealm academy.

Check out this speech 👇🏻

16/ To conclude:

The #Metaverse: the New Era of Social Interaction and Communication

➤It comprises numerous layers, each vital to the development of this new ecosystem.

➤A broad spectrum of business players will be able to prosper in the future.

pic credits @ballmatthew Image
➤There will not be a dominating #metaverse, but a multiverse is quite plausible (multitude of metaverses)

➤To realize the multiverse paradigm, it will be required to be able to switch from each metaverse

➤the market will take 2/3 y to digest this new technology & embrace it Image
17/@Everyrealm just closed a stunning Series A investment seed including prominent figures in the space.

They are one of the major actors in #metaverse!🚀💫

18/ Check out our latest medium post through the link in our BIO.

You will find more details, statistics & insights on the #metaverse

Exit the comfort zone, enter the metaverse!

@janineyorio @CathyHackl @TJ_Kawa @Everyrealm Image

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More from @DeFinci_

May 20, 2022
What tool should you master no matter the market's direction?

On-Chain analysis.

8 Useful On-Chain metrics 🧵
Everyone knows it, we are deep in the capitulation phase, but there is a tool that will always tell the truth;

It’s called On-Chain analysis.

Blockchains produce incorruptible data, allowing us to get accurate metrics of significant economic activity in crypto networks.
The analysis is possible because most of the blockchains are public ledgers.

Thanks to that detail, you can check all the activities happening in real-time.

There are plenty of paid and free tools to perform On-Chain analysis, and we will go deep into the most important ones.
Read 25 tweets
May 15, 2022
STABLEcoins, stablecoins everywhere..

They (should) combine the stability of USD with the volatility of crypto.

Today we will deep dive into them:

🔍Uses cases
🔍Adotpion level
🔍Risks outcome
1/ They have always told you to leave your liquidity in stablecoins.

Until #lunaterra was recently exploited.

That's why we think it is necessary to give some insights into how they are organized.
2/ #Stablecoins aim to reduce the volatility present in #crypto, anchoring their value to another asset.

Their specific use includes payments, transfers, and settlements.

Users exchange fiat money for a #stablecoin before trading #cryptocurrencies.
Read 23 tweets
Mar 10, 2022
@AuroryProject new whitepaper explained. A Daolectic 🧵

This is our V2 analysis, what does it mean?

It means you also have V1 that have been released from us a couple of weeks ago and we suggest you read that too to have a better understanding of our V2

1. By reading through the new #whitepaper or so-called "Manifesto" there are significant reveals on the overall #gameplay, the key core elements, and the way the $AURY will be effectively used and balanced through accurate inflows and outflows of the #token economy.
2. The Lore
While I will not address the lore, this section was useful to understand the meaning behind their PVE Mode.

During the story mode and through some well-articulated fantasy scenarios, the @AuroryProject team will teach you about #blockchain and #crypto in a fun way.
Read 27 tweets
Feb 20, 2022
#Layer2 Scaling is a concept that is used in the #Ethereum communities with some believing it represents $ETH future.

What does this truly imply? 🤌🏼

How does it operate and why do we need it? 🧐

Today we will deep dive into non-custodial solutions ⬇️
1/ Over the past years, #Ethereum popularity has resulted in a massive rise in transactions and, therefore, #network traffic.

With several users competing for faster #transaction processing, a bidding war occurs, resulting in very expensive gas fees for each user.
Once new scaling solutions arise in the #blockchain space, it is always necessary to consider:

- how much they inherit #Layer1 #security and network characteristics

- if they impose stricter user requirements compared to the underlying #Layer1
Read 15 tweets
Feb 13, 2022
1/ @avalancheavax is a highly customizable #Layer0 that enables the development of an infinite number of #blockchains on top.

It can support the adoption of #EVM for any custom VM that implements the innovative #AVAX consensus. Image
2/ The #AVAX #protocol has the only #consensus capable of #scaling the active validator list while maintaining high transaction performance, sub-second finality, and unmatched #decentralization.

It is composed of four mechanisms: Slush, Snowflake ❄️, Snowball, and Avalanche
3/ #Avalanche #Consensus uses “repeated random subsampling” to vote: when a validator #node receives a transaction, it randomly queries other validators until the network achieves consensus.

X-Chain, C-Chain, and Platform Chain are 3 #blockchains making the Primary Network Image
Read 25 tweets
Feb 9, 2022
1.Well You guys asked and we couldn't handle the hype of delivering our @GuildOfGuardian report 🧵

Have a GOG read⬇️

#GOG is a mobile #blockchain multiplayer, fantasy, action RPG where players build their #NFT dream team of Guardians and compete in a #guild to earn epic rewards
2.The game is developed by @StepicoGame and built on @Immutable.

#GOG ambitious goal started in early 2020 and it is set to take off thanks to these 4 main areas where the GOG team wants to focus the most when making the #blockchain game.
3.@Immutable is a #layer2 #protocol that will in fact power the core technology that allows users to trade with zero #gasfee and with much higher #TPS (transactions per second) compared to @Ethereum.

This is a key point when it comes to #gaming infrastructure ⬇️
Read 32 tweets

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