As we all know, the term NFT conjures images of digital artworks and collectibles tied to what seems like inordinate sums of money. But the digital art frenzy reflects a compelling use case, it is hardly the only thing going for the NFT sector. The road ahead is full of opportunities for hobbyists, enterprises, and investors that will hasten NFT adoption and usage. And chief among them is NFT-controlled access — particularly to the Metaverse.
The Metaverse represents the sum of all the processes and protocols that power the internet and the emerging Web 3, and are coalescing into a central and interoperable space. In this future realm, communications, finances, game worlds, personal profiles, NFTs, and more are all part of a larger online experience.
While the Metaverse parallels the real world, it is also an extension of it. Things like augmented reality can bridge the gap between everyday life and the happenings of the internet, and all of this comes under the umbrella of the metaverse.
NFT is how you enter the Metaverse?
The Metaverse and NFTs have become almost analogous. One of the reasons for this is the explosion of NFTs in blockchain gaming. For many, the Metaverse will materialize through virtual worlds, and interoperable games are an obvious vehicle for this. Real-life identities tied to digital avatars are just one way that the NFTs provide access to the Metaverse.
NFTs may come to serve as the deed to a ‘virtual’ property as well as the key — allowing the owner exclusive access to enter that location in the Metaverse and the ability to grant access to others. The smart contract features of the deed/key NFT make it easy to sell the house to another denizen of the Metaverse, conferring ownership of the property and all the access rights that come along with it.
Taking this notion even further, NFT-controlled access could span a range of use cases, including VIP access to real-life events such as conventions and festivals as well as those occurring within the Metaverse.
The need for a NFT protocol where the open NFT Metaverse is built atop — DareNFT
We’ve been introducing DareNFT as the universal NFT 2.0 protocol for Digital Assets. The suite of products DareNFT develop to solve the current problems of NFT 1.0 will be an protocol in the infrastructure layer, many NFT 2.0-based applications including DarePlay, and many other NFT applications such as NFT games, NFT content, NFT arts that DareNFT welcome to join us.
Given how the tech world is preparing for a Metaverse-based future, NFT-based experiences are likely to become a cornerstone of social media experience. That’s why protocols where many NFT applications in many types are collected in one will be the very first version at the smallest scale of the open NFT Metaverse.
NFTs are the digital key to unlocking the metaverse, and the NFT 2.0 standard build atop DareNFT exemplify what it’s like to be a small open NFT Metaverse in the trial version. It’s just like a system with NFTs where the internet is becoming more capitalistic, where your time-money effort is actually rewarded through ownership.
DareNFT and our vision of the open NFT 2.0 Metaverse
At DareNFT, we not only focus in short term executions but also the vision and what we’re heading to in the long run.
Our vision is to become an NFT 2.0 protocol allowing NFTs to be more useful and allowing for many NFT-based applications to join the protocol such as NFT games, NFT content, NFT arts, etc to join.
With the appearance of countless of NFT applications, DareNFT will be the very first version of the open NFT Metaverse. This is where people can play games reflecting the real life with more useful feature, consume, use & reuse Internet content, and interact with each other thanks to technologies reflecting the outside real-life world.
DareNFT’s ecosystem now consists of more or less 30 partners in the filed of traditional games, NFT games, content platforms, ecosystem-supporting applications. This is exactly the beginning of the open NFT Metaverse that will be built atop DareNFT .
The possibilities are only limited by the imaginations of the developers and the demands of users. The growing Metaverse will open up the door to not only new experiences but new levels of visibility and control for users. While the metaverse already technically exist, it’s NFTs and NFT 2.0 that stand to bring it to life in our real, physical world.
DareNFT is the universal NFT 2.0 protocol for Digital Assets. The mainstream adoption of NFT depends on its ability to wholly reflect the benefits of digital assets. DareNFT has developed a suite of products that solve the current problems of NFT 1.0, which are: Unrecognized benefits between NFTs, Unrecognized relationship between NFT owners, and hidden risks of NFT Ownership. Our first product is DarePlay, the GameFi platform including a blockchain gaming launchpad for non-NFT games, alongside an IGO service and a rent-to-earn & lease-to-earn marketplace for in-game items NFT. We have planned to move further with the derivative content NFT platform after our first product has been completely built and well-positioned in the market.