Press Release
Launchpool Labs announces incubation of The CUBE, a Gigaverse to unite all Metaverses
The CUBE is the space that sits between the Metaverses - a Gigaverse that contains the tools to allow for integration, transitions, and communications between existing and new metaverses.
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“Currently, there isn’t one universally interoperable metaverse like the Oasis from Ready Player One. Instead, we have a bunch of different platforms competing for users. The first MMO and open-world games, such as World of Warcraft and Second Life began to lay the foundations of the modern 3D multiverse around 2003–2004, but as Vitalik discovered, their economies rely 100% on a single centralized company you must trust to respect the needs of the users, and you can’t take your items and money from one game world to another.”, said Eric Elliot in the ‘State of the Metaverse 2021’.
Metaverse Tips:
* There is only 1 metaverse, like there is only 1 internet.
* There are many metaverse worlds — like sites on the internet.
* The best metaverse worlds let you own stuff.
* We say “in the metaverse” not "on the metaverse" because you are part of it.— Eric Elliott (@_ericelliott) December 23, 2021
Launchpool Labs, the community-centric incubator, powered by Launchpool, that offers incubation via a bespoke model, co-building the MVP and MVC (minimum viable community), as well as raising pre-seed / seed rounds from the retail community, is announcing incubation of The CUBE – Gigaverse to unite all Metaverse worlds, as per a release shared with CryptoSlate.
CUBE, defined as “the matter that sits between all of the existing Metaverses”, identified that the majority of Web3 Metaverse worlds are operating in complete isolation, with no integration or transition between spaces outside of NFT portability. The solution proposed by The CUBE is the development of the space that sits at the convergence of these metaverses: a Gigaverse that contains the tools to allow for integration, transitions, and communications between existing and new metaverses. The CUBE plans to also provide the building blocks for new Metaverses to be created in their own space within The Cube. Both programmatically, which for some will be enough, but importantly for others, something more tangible, more manifest.
The founding team behind the project consists of professionals with vast experience across blockchain, enterprise, startups, gaming, and more. Among them, Danny Bos, Tim Bos, Kashif Imram, and Rhys van der Waerden.
“When a user enters The CUBE, either visually or programmatically, they will enter a virtual universe that sits in the space between the other metaverses, represented by a NFT Cube. Owners of these initial NFTs can build their own metaverse world within their CUBE in the larger universe, or use it to provide services (such as rentals, sales) to the wider community. A semi-stable-coin will allow for conversion between various native metaverse currencies within the CUBIverse.”, said the project team.
“The metaverse must be an open ecosystem, not an ecosystem dominated by the whims of any single company.” – Eric Elliot, “State of the Metaverse 2021”.
Advantages and utility functions within The CUBE include:
- Currency exchange between the metaverses.
- Use of a digital identity to seamlessly access any metaverse world.
- Store Loot / NFTs from other metaverses.
- Rent and move NFTs using DeFi based lending and borrowing mechanics.
- Access to The CUBE via mixed reality, AR, VR, CLI, API, and other mechanisms.
“We are eager to bring The CUBE to the Launchpool Labs community early in January via their seed raise on the platform. With fragmentation of virtual worlds, often bound by protocol-specific and device-native dependencies, The CUBE proposes a bold move to unify and provide an interoperable space. It will be an interesting journey to follow, and we’re hoping the Launchpool Labs Investor Club members will join in, support, offer input, and help launch the project.” said Roxana Nasoi, Managing Director at Launchpool Labs.
About The CUBE
The CUBE is the development of the space that sits at the convergence of these metaverses: a Gigaverse that contains the tools to allow for integration, transitions, and communications between existing and new metaverses.
About Launchpool Labs
Launchpool Labs is the community-centric incubator, powered by Launchpool, that offers incubation via a bespoke model, co-building the MVP and MVC (minimum viable community), as well as raising pre-seed / seed rounds exclusive for the LPOOL retail community.
PR contact: [email protected]
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Launchpool Labs
Launchpool Labs is the chain agnostic community-centric incubator, powered by Launchpool.