Future metaverse projects will develop in two genres. First, it emphasizes the application of perception technology and uses cool special effects as a selling point. Second, emphasize changes in the economic model, practice the concept of Web3.0, and return project benefits and governance rights to users to a greater extent. Blockchain technology is the foundation and underlying technology for the implementation of Metaverse and web3.0 applications. However, the landing and application of the blockchain is by no means the above two. The blockchain can provide time order for the metaverse, and the metaverse without blockchain is difficult to transfer value, nor can it promote innovation and collaboration.
Blockchain technology is not an emerging technology. In the past, when blockchain was mentioned, it was usually associated with digital currency. In fact, digital currency is only a relatively small application of blockchain. Blockchain also has more Powerful functions and applications.
The rise of the metaverse can promote the maturity of blockchain technology, and the maturity of blockchain technology can ensure that the metaverse can develop more steadily in the future. As the underlying technology, blockchain technology has not found more proofs that can be used for sinking , the emergence of the metaverse has made the application of blockchain more and more extensive.
Metaverse is the superposition of technical system, content system, economic system, collaboration system and governance system. The core of the technical system is integration, and the form of expression should have technical characteristics such as open source, programmability, interconnection, scalability, and pluggability; the core of the content system is communication, and it should have multiple content generation methods, content presentation modes, and content Capabilities such as operation management; the core of the economic system is exchange, which needs to provide value carriers, exchange mechanisms, identity authentication, incentive mechanisms, rights and interests protection and other capabilities; the core of the collaboration system is consensus, which needs to support multi-party collaboration, distribution, self-organization and other characteristics ; The core of the governance system is rules, which need to provide guarantees such as technology ethics, copyright protection, content supervision, and financial compliance.
Blockchain is a distributed ledger formed by sequentially appending consensus-confirmed blocks with cryptographic technology, and has technical, financial, and social attributes. The underlying platforms related to technical attributes such as BaaS, cross-chain, privacy computing, identity authentication, distributed storage and computing provide infrastructure for distributed applications in industries such as finance, manufacturing, education, and energy. FT (Fungible Token), DeFi (Distributed Finance), NFT (Non-homogeneous Token) and xFi (generally refers to financial forms in various fields) related to financial attributes. Among them, FT has explored in the financial system The possibility of new carriers, using blockchain technology to solve the problems of double spending in financial transactions in the digital environment; DeFi is trying to innovate traditional financial service models, and financial services such as lending, pledge, and transactions based on distributed network environments have emerged one after another; NFT further presents the manifestation of assets in the digital ecology. While mapping physical assets, it has spawned a large number of native digital assets, expanding the asset scale and imagination of the digital economy. GameFi (game finance) tried to bring NFT into specific real consumption scenarios. SocialFi (social finance) further expanded the application scenarios of GameFi. While increasing digital collaboration activities, it increased the consumption space of digital assets. xFi's The emergence of FT and NFT provides more diversified and personalized entertainment and social information consumption scenarios. In the future, more xFi will appear in industries such as education, energy, manufacturing, and tourism, which will further accelerate the development of the digital environment. Asset circulation and information consumption. From the perspective of social attributes, the DAO model is not yet mature, but it provides new thinking for the collaboration model in the digital environment.
Just like the real social ecology, the four key elements of organization, identity, assets, and activities will become the core elements to promote the healthy development of the Metaverse. The technical, financial, and social attributes of the blockchain will help build a trusted digital value interaction network. The emergence of the Metaverse is an inevitable trend in the development of blockchain technology, finance, and social attributes. Its persistence, real-time, openness, compatibility, connectivity, creativity, and diversity will create more digital scenarios. It will also promote the establishment of a Web3.0 digital ecology with blockchain as the core, and promote the development of industrial digitalization while promoting digital industrialization.