Metaverse sneak look: Project aims to construct a creator-focused economy through blockchain

A metaverse project that will give a digital hub for creators gave the city an chance to visit within its metaverse city and explore an earlier form of the vision it aims to attain.

A week ago, Web3 creator economy protocol DEIP launched a celebration within its metaverse. With DEIP Chief executive officer and co-founder Alex Shkor serving as an online tour guide welcoming participants having a speech, Cointelegraph explored the town while hearing the guide.

Going through the DEIP metaverse city.

Within an interview with Cointelegraph, Shkor described the space was produced with the aim of empowering creators and connecting all of them with one another. Shkor stated:

“We were keen to produce the area where creators could meet one another, collaborate and find out more about the most recent technological developments enabling the transition for the decentralized creator economy.”

The woking platform wishes to give creators a platform to uncover, evaluate, license and exchange “intangible assets” for example artworks. Additionally, it aims to transfer data storage from centralized publishers right into a decentralized platform, giving creators additional control with their work. Aside from this, DEIP also seeks to provide creators better monetization possibilities.

Based on the Shkor, the area was produced through the Arhead Metaverse ecosystem, Balagan creative agency and Atrium architectural studio. They also partnered with Near Protocol and also the Octopus network to assist further its ecosystem.

Throughout the event, probably the most noticeable attractions would be a blue balloon dog. Shkor pointed out this is Shaun Koons’ Balloon Dog (Blue), that is a physical sculpture which was changed into digital art to become showcased in the event.

Shaun Koon’s Balloon Dog (Blue) showcased in the DEIP metaverse. 

While running a celebration inside a metaverse is definitely an interesting advance, the big event also demonstrated signs that metaverses continue to be within their initial phases. Moving with the digital location, Cointelegraph met some minor difficulties for example getting disconnected and audio being stop.

Related: Pride within the Metaverse: Blockchain tech creates new possibilities for LGBTQ+ people

Meanwhile, metaverse tokens are accomplishing well regardless of the bear market. Based on a study by Kraken Intelligence, metaverse-related digital assets have outperformed other token groups by around 400% year-on-year.

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