Neal Stephenson's Lamina1 Drops White Paper On Building the Open Metaverse

An anonymous reader quotes a report from VentureBeat: Neal Stephenson's Lamina1 blockchain technology startup dropped a white paper today on building the open metaverse. It's quite the manifesto. In the document, the company said its mission is to deliver a Layer 1 blockchain, interoperating tools and decentralized services optimized for the open metaverse -- providing communities with infrastructure, not gatekeepers to build a more immersive internet. The effort includes some new original content: Under active early-stage development, Neal Stephenson's THEEE METAVERSE promises a richly-imagined interactive virtual world with an unforgettable origin story, the paper said. Built on the Lamina1 chain, creators will come to experience Neal's vision and stay to develop their own. Stay tuned for more details, the paper said. [...] In the paper, Stephenson said, "Inexorable economic forces drive investors to pay artists as little as possible while steering their creative output in the directions that involve the least financial risk." The aim is to correct the sins of the past. The paper said that Web2 introduced a period of rapid innovation and unprecedented access to entertainment, information and goods on a global scale. Streamlined tools and usability brought creators and innovators to the web en masse to build digital storefronts, engage and transact with their customers. Owning and controlling that growing ecosystem of content and personal data became a primary, lucrative initiative for major corporations. Consumer behavior, recorded on centralized company servers, offered constant, privileged insight into how to monetize human emotion and attention, Lamina1 said. At its best, Web3 envisions a better world through the thoughtful redesigning of our online lives, instituting stronger advocacy for our interests, our freedom and our rights, the company said. Much as Web2 flourished with the maturity of tools and services that offered creators and consumers ease of use, the open metaverse will benefit from open protocols for payments and data, and a set of interoperating decentralized services to support virtual worlds. Lamina1 will be the rallying point for an ecosystem of open source tools, open standards and enabling technologies conceived and co-developed with a vibrant community of creators. [...] Lamina1 said it approaches the open metaverse with a multi-pronged approach: Layer 1 blockchain, metaverse-as-a-Service (MaaS), community economic participation and incentives and original content. Lamina1 said it uses a high-speed Proof-of-Stake (PoS) consensus algorithm, customized to support the needs of content creators -- providing provenance for creatorship and enabling attributive and behavioral characteristics of an object to be minted, customized and composed on-chain. "We chose to start with Avalanche, a robust generalized blockchain that delivers the industry's most scalable and environmentally-efficient chain for managing digital assets to date. This starting point provides Lamina1 with a flexible architecture and an extendable platform to support our goals in data storage, interoperability, integration incentives, carbon-negative operation, messaging, privacy, high-scale payments and identity," the white paper said. Lamina1 said its metaverse services work will explore creating a metaverse browser and it will align itself with the Metaverse Standards Forum. To enlist community support, the company isn't aligning with Big Tech. "We march waving the pirate flag at the front of the cultural movement, asking both creators and consumers to join the fight for greater agency and ownership -- the fight for an economy that is imagined, produced and owned by its creators," Lamina1 said. "It's going to be hard, and it's going to take heart, but the upside of providing a maker direct access to their market is staggering." The paper added, "At Lamina1, we believe two things will power expansion and growth in the metaverse -- a straightforward and principled approach to serving a diverse, open and self-sustaining community of makers, and a powerful ecosystem of content and experiences that will drive fans and funding directly to the platform."

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