In this digital universe, users can explore dynamic virtual environments and interact with other users from around the world. By logging in as a VR avatar, you can chat with other inhabitants, buy and sell land, build houses and businesses, go on adventures, hunt monsters, and more! Crazy right? Sounds like something out of Ready Player One! And that’s because it is. In addition to being an incredibly fun game that anyone can enjoy, NextEarth serves as an excellent example of how blockchain technology can be applied to new and exciting use cases. The authors of this blog post are both advisors to the project; if you’re interested in learning more about their role or getting involved yourself, please read on!
What is nextearth and its importance?
NextEarth is a virtual world built on the blockchain, which will host a wide range of decentralized applications. Its developers want to make it the home of the metaverse — a virtual reality ecosystem that people can log into with VR headsets and which is completely decentralized so that no one company controls it. NextEarth is the first project by the startup Superverse, which raised $21 million in an initial coin offering (ICO) earlier this year. That’s not an unusual amount of money to raise in an ICO. However, what’s different is that the company has no product yet. Instead, it’s focused on its technologies, which it’s building from scratch. NextEarth is significant for a few reasons: it’s a project that’s actively trying to live up to its name. Its developers are building a virtual world that functions completely on the blockchain so that users can explore it with VR headsets. NextEarth is also an example of how blockchain is starting to be used in VR. For example, there’s a VR chatroom where people can talk with each other. But instead of the network being controlled by a company, it’s decentralized so that no one person can censor the conversations taking place there
The Metaverse and the Importance of Virtual Reality
The term Metaverse was coined in the 1990s by author and computer scientist, Ted H. Nancy. He initially used it as a name for cyberspace, but as the technology has progressed, that name has become more accurate. The Metaverse is cyberspace that can be experienced with virtual reality. The Metaverse is a term used to describe a virtual reality that is accessible to everyone around the world, and exists across multiple platforms. The platforms are connected via an open standard so that users can move seamlessly between them. This vision for a virtual reality has been around for decades, but it was only recently that computer power and network connectivity became advanced enough to make it a reality. Virtual reality devices such as Oculus Rift, HTC Vive, and Samsung VR are bringing the Metaverse to life. These devices are capable of transporting you to other worlds — you can walk around, interact with others, and explore like never before.
What is the Metaverse?
The Metaverse can be compared to the internet in that it is a decentralized network that connects people across the world via virtual reality. It is open source, user-owned, and operated by autonomous software. The Metaverse is not owned by one person or company. Instead, it is run by a combination of autonomous software and its users. Anywhere you can log in to the Metaverse, you can remain anonymous. You can also create an avatar to represent yourself and explore the virtual world. There are no borders in the Metaverse — you can travel freely and explore the entire network. The Metaverse is a virtual reality that can be accessed via headsets. Users can interact with each other, explore virtual worlds, and create things together. It is owned by its users, not a single company.
NextEarth: Blockchain-Based VR Game
NextEarth is a game where people can live, trade, and build houses and businesses on planets that they own. The game is a fully immersive VR experience, meaning that you can explore its worlds with a headset. The game is built on the blockchain, so you can buy and sell planets and houses as well as explore different planets owned by other players. You can also create an avatar to represent yourself in the game. Your avatar’s appearance can either be generated randomly or customized to your liking. You can then explore the game’s planets, chat with other players, and engage in activities such as trading, hunting monsters, and building new structures.
NextEarth: Decentralized Property Rights Registry
NextEarth has an in-game currency called NED that acts as the game’s currency. Users can buy and sell planets and houses with NED. NED can also be used to buy in-game items and instruments. NextEarth also has a decentralized property rights registry that uses smart contracts to verify property ownership. The decentralized property rights registry allows users to transfer ownership of their property easily.
NextEarth: VR Chatroom and Network Driven by BEND
NextEarth has a VR chatroom in which people can talk with each other. The chatroom works similarly to a regular chatroom, except that the network is decentralized — no one person can control it. In the VR chatroom, you can talk with other players, ask questions, and help other people out. NextEarth also has a network that is powered by BEND, which is the technology that enables the game’s decentralized features.
NextEarth is a virtual world created on the blockchain. In this digital universe, users can explore dynamic virtual environments and interact with other users from around the world. By logging in as a VR avatar, you can chat with other inhabitants, buy and sell land, build houses and businesses, go on adventures, hunt monsters, and more! Crazy right? Sounds like something out of Ready Player One! And that’s because it is. In addition to being an incredibly fun game that anyone can enjoy, NextEarth serves as an excellent example of how blockchain technology can be applied to new and exciting use cases.