1/ X Day Paris was electrifying.
It was fresh, and memorable.
The emotion, the people, the progress.
So, now -- what is #MultiversX ?
And why is it -- perhaps -- remarkable, as an evolution to @ElrondNetwork ?
A thread. On blockchain, Web3, the Metaverse 🧵
It was fresh, and memorable.
The emotion, the people, the progress.
So, now -- what is #MultiversX ?
And why is it -- perhaps -- remarkable, as an evolution to @ElrondNetwork ?
A thread. On blockchain, Web3, the Metaverse 🧵
I - INTRO TO A NEW WORLD
2/ First, MultiversX is a new beginning.
A transformation and expansion.
A new light. Shedding a vivid new perspective on everything we've built.
A glimpse into the future. Pointing at what could be. What's missing. And what's coming.
A transformation and expansion.
A new light. Shedding a vivid new perspective on everything we've built.
A glimpse into the future. Pointing at what could be. What's missing. And what's coming.
3/ Second. A refounding moment.
An inception, resting on a new insight.
One revealing new truths about people, about technology, about the world.
Putting Elrond, MultiversX, $EGLD, at the epicenter of it all.
Showing the future can be great. And what's needed to make it so.
An inception, resting on a new insight.
One revealing new truths about people, about technology, about the world.
Putting Elrond, MultiversX, $EGLD, at the epicenter of it all.
Showing the future can be great. And what's needed to make it so.
4/ Third. An extension of an extraordinarily focused vision and challenge.
Making new and substantial contributions to everything Elrond was.
Goals, direction, coherence, depth, utility, value and scale.
Making new and substantial contributions to everything Elrond was.
Goals, direction, coherence, depth, utility, value and scale.
5/ Fourth. With MultiversX, we still have Elrond and $EGLD at the heart of it all.
Everything we've built remains.
It just takes a completely new form and meaning.
Expanding in scope, scale, utility and value.
With fundamentally new and remarkable products to be added.
Everything we've built remains.
It just takes a completely new form and meaning.
Expanding in scope, scale, utility and value.
With fundamentally new and remarkable products to be added.
II - JOURNEY AND DISCOVERY, THE METAVERSE AND BEYOND
6/ So, what then, is this new concept?
What is its value?
What is the fundamental insight underpinning it all?
What new perspective does it reveal about the world?
What is its value?
What is the fundamental insight underpinning it all?
What new perspective does it reveal about the world?
7/ Let's dive in.
To begin, most of what you've generally heard about this idea called the Metaverse, is, at best, incomplete, distorted and uninteresting.
At worst, it’s completely wrong, a poisoning of the concept, missing the most important points entirely.
To begin, most of what you've generally heard about this idea called the Metaverse, is, at best, incomplete, distorted and uninteresting.
At worst, it’s completely wrong, a poisoning of the concept, missing the most important points entirely.
8/ To put it succinctly: what companies around the world call the Metaverse today, lacks both a sense of wonder, and a sense of humanity.
It creates a space that feels more like an intellectual and creative prison, instead of a new frontier to explore. This is not the Metaverse.
It creates a space that feels more like an intellectual and creative prison, instead of a new frontier to explore. This is not the Metaverse.
9/ Still, buried deep beneath the noise lies an enlightening and fascinating insight.
Understood correctly, and taken to its natural conclusion, a true Metaverse is a technology with epochal potential impact, that could fundamentally reshape most aspects of society as we know it
Understood correctly, and taken to its natural conclusion, a true Metaverse is a technology with epochal potential impact, that could fundamentally reshape most aspects of society as we know it
10/ Let's take a moment to explore and unpack.
What is this thing we call the Metaverse, really?
Perhaps a good way to start is by looking at a few metaphors.
Each shedding a new light, gradually revealing new and complementary angles of the object.
What is this thing we call the Metaverse, really?
Perhaps a good way to start is by looking at a few metaphors.
Each shedding a new light, gradually revealing new and complementary angles of the object.
III - DIRECTIONAL METAPHORS FOR THE METAVERSE
11/ The Metaverse - is a new frontier and evolution in communication.
A new medium or language of sorts, significantly more expressive, evocative and precise.
A new medium or language of sorts, significantly more expressive, evocative and precise.
12/ The Metaverse - is a new frontier and evolution of the internet.
A new type of city, a fortress for the digital world.
A visual embodiment of an extraordinarily vast, open, interconnected, interoperable, network of networks, encompassing access to all human knowledge.
A new type of city, a fortress for the digital world.
A visual embodiment of an extraordinarily vast, open, interconnected, interoperable, network of networks, encompassing access to all human knowledge.
13/ The Metaverse - is a new frontier and evolution for compelling experiences, social interactions, education, exploration, entertainment, work, and fulfillment.
14/ The Metaverse - is the unquestionable advent of an age of imagination.
A new phase where distinctly intellectual and imaginative processes override and supersede conventional physical boundaries as a default modus operandi.
A new phase where distinctly intellectual and imaginative processes override and supersede conventional physical boundaries as a default modus operandi.
15/ Giving birth to new worlds of meaning, value, interaction and fulfillment.
This creative force we’ve had embedded in language, stories, writing and books, for ages.
But the worlds we’re about to create now, open a new interplay between physics and imagination.
This creative force we’ve had embedded in language, stories, writing and books, for ages.
But the worlds we’re about to create now, open a new interplay between physics and imagination.
16/ Each of these ideas reveals a small and fascinating piece of a vivid mental image.
When put together, a larger insight emerges.
Now, why does all of this matter?
Why now? What does it have to do with Elrond?
When put together, a larger insight emerges.
Now, why does all of this matter?
Why now? What does it have to do with Elrond?
IV - WHY DOES IT MATTER, WHY FOR ELROND, WHY NOW
17/ First - timing is everything.
The scale, scope and impact of the Metaverse will be much vaster than most people think. More meaningful, more fulfilling, more valuable.
A multi-trillion dollar market.
All just being discovered and understood.
And just starting out.
The scale, scope and impact of the Metaverse will be much vaster than most people think. More meaningful, more fulfilling, more valuable.
A multi-trillion dollar market.
All just being discovered and understood.
And just starting out.
18/ Second - well, without a blockchain, the Metaverse simply can not exist.
Let’s read that again. Slowly, and carefully.
*Without a blockchain, the Metaverse simply can not exist.*
Let’s read that again. Slowly, and carefully.
*Without a blockchain, the Metaverse simply can not exist.*
19/ But why?
Ownership, persistence, open standards, value exchange, interoperability, programmable contracts.
*Blockchain is the very fabric of the Metaverse*, enabling the definition of a set of new digital rules, and grounding them in immutability and transparency.
Ownership, persistence, open standards, value exchange, interoperability, programmable contracts.
*Blockchain is the very fabric of the Metaverse*, enabling the definition of a set of new digital rules, and grounding them in immutability and transparency.
20/ Surprisingly, this puts us, Elrond, and now MultiversX & $EGLD, at the very epicenter of this epic change and revolution.
21/ Third - Where are the users, and what is the market for the Metaverse?
The market is trivial, for now. And there are almost no users.
It’s all just starting out. With the first building blocks being put in place.
The market is trivial, for now. And there are almost no users.
It’s all just starting out. With the first building blocks being put in place.
22/ So, creating a portal to the metaverse, immediately accessible to the entire world, enabling all people to join, becomes a crucial necessary step.
Blurring the lines between worlds, enabling compelling experiences, interactions, and feedback across worlds becomes imperative.
Blurring the lines between worlds, enabling compelling experiences, interactions, and feedback across worlds becomes imperative.
23/ AR, VR, XR, and other such technologies, are optional and incidental to the Metaverse, not necessary.
A true portal must first and foremost, OPEN UP the world. It will definitely be compatible with all these new technologies, but can certainly not be limited by them.
A true portal must first and foremost, OPEN UP the world. It will definitely be compatible with all these new technologies, but can certainly not be limited by them.
24/ Fourth - For a true metaverse to exist, we need a set of compelling, meaningful, fulfilling, and valuable worlds for people to visit and explore.
25/ Creating the first world that shares a glimpse of this new vision – not only of what can be achieved, but what is worth achieving – is enormously important.
26/ Fifth - Any new world would potentially gain surprising value and meaning, provided it could be of sufficient interest to attract thousands and tens of thousands of people – present, building, exploring, socializing.
27/ Facilitating this type of sophisticated, real-time, social interaction, and value creation, thus becomes instrumental.
V - RAISING THE STAKES, MOVING DEEPER, GOING BEYOND
28/ Sixth - Now, let’s zoom out for a second.
With all the talk and exploration happening, one must stop and ask, where does the Metaverse, actually, fit in this world?
What is its scope and scale? What is its relative priority level?
With all the talk and exploration happening, one must stop and ask, where does the Metaverse, actually, fit in this world?
What is its scope and scale? What is its relative priority level?
29/ In other words, what is more fundamental than the Metaverse?
Hmm, well, I guess you could easily argue it’s reality.
Now, what is incomparably larger than the Metaverse?
Hmm, well, the Universe, maybe?
Hmm, well, I guess you could easily argue it’s reality.
Now, what is incomparably larger than the Metaverse?
Hmm, well, the Universe, maybe?
VI - HISTORY, BEING WRITTEN
30/ Having arrived at an intersection of worlds, one must see an intersection of history.
31/ A seemingly harmless yet increasingly pressing set of questions arise: which world should we choose to explore and expand in?
Which should overrule? Which should eclipse the other?
Which should carry our hopes and dreams, defining the coming eons?
Which should overrule? Which should eclipse the other?
Which should carry our hopes and dreams, defining the coming eons?
32/ Rooted deep within these questions lies terrible danger, and extraordinary possibility.
Should we reject this new world, and simply stick to the old one?
Should we abandon the old one, and fully embrace the new?
Should we reject this new world, and simply stick to the old one?
Should we abandon the old one, and fully embrace the new?
33/ It seems that Snow Crash, Ready Player One, and other such stories, are but sad yet instructive tales, speaking of all the possible things that can go wrong, should one miss the inescapable implications of these questions.
VII - THESIS, ANTITHESIS, SYNTHESIS
34/ Now, let’s pause for a second.
Are these two worlds necessarily bound to collide?
Must we choose only one? Isn’t there a different path?
Are these two worlds necessarily bound to collide?
Must we choose only one? Isn’t there a different path?
35/ Could we at once, capture the essence of a Universe encompassing the entire observable cosmos – but also the Metaverse encompassing myriad digital realms – rearranging them with one word, not as opposites or replacements, but as a harmonious, expanding, complementary whole?
VIII - A NEW SOLUTION, A BRIDGE BETWEEN WORLDS
36/ This is a grand new path. A new solution.
Masterfully reimagining, a seemingly unavoidable conflict, with one stroke.
Elevating it to a new harmonious and complementary plane.
This rare creation moment, we call the Multiverse.
Masterfully reimagining, a seemingly unavoidable conflict, with one stroke.
Elevating it to a new harmonious and complementary plane.
This rare creation moment, we call the Multiverse.
37/ Embedded in it, is everything we’ve built so far.
Our hopes, dreams, and efforts.
Our ambition to improve this world we inhabit.
All this remains at the heart of what we’re doing.
Our hopes, dreams, and efforts.
Our ambition to improve this world we inhabit.
All this remains at the heart of what we’re doing.
38/ But this is the moment to go above and beyond.
To complement, transform, and significantly expand our aims.
To lend our tools and products to a much larger cause.
And open a bridge between worlds, at the intersection of worlds, and across worlds.
To complement, transform, and significantly expand our aims.
To lend our tools and products to a much larger cause.
And open a bridge between worlds, at the intersection of worlds, and across worlds.
IX - A NEW LIGHT, A FRESH INSIGHT EXPANDING HORIZONS
39/ The Multiverse is the golden bridge.
Not seeking to replace, or abandon our world and universe. But seeking to expand, improve, and enhance it.
Opening a new space for extraordinary positive feedback loops between the worlds.
Unifying, complementary, transformative.
Not seeking to replace, or abandon our world and universe. But seeking to expand, improve, and enhance it.
Opening a new space for extraordinary positive feedback loops between the worlds.
Unifying, complementary, transformative.
40/ This new light, renders everything we’ve built anew.
There’s beauty in novelty. And newer things are coming.
Multiverse to the power of X, points at how vast the scope and scale can be.
How large the worlds, how rich the interactions, how vast the numbers & permutations.
There’s beauty in novelty. And newer things are coming.
Multiverse to the power of X, points at how vast the scope and scale can be.
How large the worlds, how rich the interactions, how vast the numbers & permutations.
41/ All these apps, worlds and interactions.
All new utility and expansion.
Will gravitate around eGold $EGLD.
The native currency of the Multiverse.
All new utility and expansion.
Will gravitate around eGold $EGLD.
The native currency of the Multiverse.
42/ This is a unique and remarkable refounding moment.
A new beginning, towards new horizons.
For our vision, team, products, community, and partners.
Ah - the new ideas, apps, and worlds we are about to see.
A new beginning, towards new horizons.
For our vision, team, products, community, and partners.
Ah - the new ideas, apps, and worlds we are about to see.
43/ This is our new challenge.
Our new vision.
Our expansion and transformation.
This new chapter, together, we call Multiverse to the power of X. (MultiversX)
multiversx.com
Our new vision.
Our expansion and transformation.
This new chapter, together, we call Multiverse to the power of X. (MultiversX)
multiversx.com
X - IT’S ALWAYS DAY 1, SO IT MUST BE
44/ It may be a lot to take in, at first.
Compressing years of journey, in mere moments.
But there’s remarkable power in seeing the world with fresh eyes.
And as the days, weeks, and years, will pass.
You’ll see things in a new light.
Brighter, and brighter.
Compressing years of journey, in mere moments.
But there’s remarkable power in seeing the world with fresh eyes.
And as the days, weeks, and years, will pass.
You’ll see things in a new light.
Brighter, and brighter.
45/ At last, you'll feel at home, and once more, part of this new, extraordinary journey.
It’s still day 1.
So many things to do, so many challenges to tackle.
Storms may come and go. Now is the time to build.
The time to put in the effort, and make this world a better place.
It’s still day 1.
So many things to do, so many challenges to tackle.
Storms may come and go. Now is the time to build.
The time to put in the effort, and make this world a better place.
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