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Metaverse public chain: Building the infrastructure for a decentralized Metaverse
The Metaverse public chain is an important infrastructure in the Metaverse technology stack, providing a development and user experience platform for NFT, GameFi, and Metaverse projects. Currently, the Metaverse is in its early development stage, with a strong demand for infrastructure construction, including data storage and distribution, 3D rendering, payment methods, identification, cloud computing, and other aspects. These demands are driving the development of the Metaverse public chain.
The Metaverse public chain is at the foundational layer of the industrial chain, including infrastructure such as computing power and cloud services, as well as digital foundations like blockchain and the internet. It provides developers with development tools such as 3D engines and VR/AR, supporting them in building Metaverse applications. Users can experience applications such as NFT, blockchain games, entertainment, and social interaction on the Metaverse public chain.
Currently, the market value of decentralized Metaverse projects has exceeded $10 billion. The public chains of the Metaverse mainly include two categories: decentralized rendering networks and game public chains. Decentralized rendering networks integrate idle GPU resources worldwide to complete rendering tasks, with representative projects such as Caduceus and iPolloverse. Game public chains are specifically designed for NFT and blockchain games, characterized by high TPS and low Gas fees, with representative projects like WAX and Klaytn.
The Metaverse public chain combines technologies such as edge computing, AI, and XR. Edge computing can reduce latency and bandwidth usage, AI technology makes 3D characters more realistic, and NFT technology is used for on-chain assets, environments, and avatars. The Metaverse public chain is usually compatible with EVM or WASM, facilitating application migration. In terms of scalability, some public chains have reached TPS levels of thousands or even tens of thousands.
The Metaverse public chain provides users with an identification system and data storage usage methods, offering a realistic experience through edge computing and rendering technology, as well as providing digital property rights in the virtual world through NFTs. Currently, the Metaverse public chain is in the early stages, with the main task of building a decentralized backend, including infrastructure for computing, storage, querying, networking, and more. In the future, the Metaverse public chain needs to further enhance scalability and strengthen integration with technologies such as VR, AR, and AI to provide users with a better Metaverse experience.
Only when the tide goes out do you know who is swimming naked, even a market capitalization of hundreds of billions can't compete with on-chain data.