As the metaverse excitement fades, Neal Stephenson’s blockchain project holds discovery month

As the metaverse excitement fades, Neal Stephenson's blockchain project holds discovery month
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According to Lamina1 CEO Rebecca Barkin, the metaverse will continue to come to life as long as consumers continue to invest time and money in digital activities.

The blockchain project founded by Neal Stephenson, who invented the term “metaverse” in his 1992 book Snow Crash, is moving forward with its vision despite dwindling interest and some declaring it “dead.” 

According to Google Trends, search interest in the metaverse has fallen in 2023 compared to its peak in 2021 and 2022.

As the metaverse excitement fades, Neal Stephenson's blockchain project holds discovery month

Because of the waning interest in the metaverse, some have declared that the excitement has died.

Despite the diminishing interest and accusations that it is dead, some continue to build.

Lamina1, Stephenson’s metaverse blockchain project, announced a month-long event in October called the Open Metaverse Discovery Month in a statement.

The company will host seminars and offer shared quests and rewards to prepare builders and creators to explore metaverse experiences.

“We’re co-hosting two interactive workshops for Unity and Unreal Engine developers this month to begin diving in with the toolkit, as well as two Creator Competitions that will allow participants to have their art and experiences featured on our Lamina1 Hub platform,” according to the Lamina1 team.

Despite popular belief, Rebecca Barkin, CEO of Lamina1, is enthusiastic about the metaverse.

Barkin told Cointelegraph in a statement that despite the crypto winter and what many call the “death of the metaverse,” the project has attracted nearly 50,000 builders since its inception.

Barkin believes that its founder’s vision of the metaverse will be preserved as long as people are ready to devote their time and money. The executive told Cointelegraph:

“As long as people continue to invest time and money in digital experiences, gaming and virtual worldbuilding, buying and selling digital items, and experimenting with new computing and creative technologies, the metaverse will continue to come to life.”

Stephenson’s idea of the metaverse, according to Barkin, was more than merely creating virtual worlds.

According to the CEO, the goal is to challenge “corporate greed and control.” She went on to say that modern technology allows her to “give more autonomy to creators across entertainment, gaming, commerce, fashion, and beyond to build, create, and distribute these worlds on their own.”

As the metaverse excitement fades, Neal Stephenson's blockchain project holds discovery month

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