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Metaverse public chain: Building the underlying infrastructure of the digital world
Metaverse Public Chain: Building Infrastructure for the Digital World
The Metaverse public chain is an infrastructure-level open blockchain built for the Metaverse and decentralized digital worlds, providing developers with the necessary technical preparations and underlying development platforms. It offers functions such as data storage and transmission, NFT minting and splitting, distributed computing, rendering, etc., bringing us closer to the vision of the Metaverse.
The two important components of the Metaverse public chain are the decentralized rendering network and the gaming public chain. The decentralized rendering network completes rendering tasks by integrating idle GPU resources from around the world. The gaming public chain creates a development and operating platform for NFTs and blockchain games.
Currently, the public chain of the Metaverse is in the early stages of development, with the main task being to construct the decentralized backend of the Metaverse, including computing, storage, querying, and networking. In the future, the public chain of the Metaverse will also need greater scalability to achieve large-scale applications and strengthen integration with technologies such as VR, AR, and AI to provide users with a better experience.
The Metaverse public chain is an important foundation in the Metaverse technology stack, covering multiple aspects such as infrastructure, digital fundamentals, development tools, basic ecology, and user end. It provides a development and user experience platform for Metaverse projects such as NFTs, blockchain games, entertainment, and social interaction.
The market value of decentralized Metaverse projects has surpassed 10 billion USD, accounting for 1.1% of the total market value of cryptocurrencies. Mainstream Metaverse public chains include decentralized rendering networks like Caduceus, iPolloverse(, and gaming public chains like WAX, Immutable X).
Caduceus is a decentralized edge rendering Metaverse protocol that provides developers with services such as rendering, computing, and 3D technology. iPolloverse utilizes Web 3D technology to complete rendering tasks in the form of a distributed computing network. WAX and Immutable X are public chains specifically designed for NFTs and blockchain games, providing users with an ecosystem to create and trade digital assets.
The Metaverse public chain combines edge computing, AI, NFT, and other technologies with blockchain. Edge computing reduces latency, AI technology makes 3D characters more realistic, and NFT technology is reflected in aspects such as on-chain assets.
The compatibility of the Metaverse public chain is reflected in its compatibility with virtual machines such as EVM, facilitating application migration. Scalability is reflected in the expansion of network TPS and ecological application scenarios.
Overall, the Metaverse public chain is building the Metaverse infrastructure for developers and users, providing value such as identity systems, data storage usage, realistic experiences, and digital property rights. However, there is still a long way to go to achieve a true Metaverse, and we are currently in the stage of building and improving the underlying infrastructure.