What is the Infiniverse?
Digitally optimizing the entire world
Main Learning Points
- What is the Infiniverse?
- A real economy
- Perks of Infiniverse using blockchain
Introduction: What is the Infiniverse?
Infiniverse is a marketplace, a platform for distributing content, and a land record for augmented reality (AR). It lets us combine all the digital space in the world into a solitary, engaging, continuous metaverse. In AR, digital content is added on top of the physical world using a smartphone or smart lenses, like an Oculus. This is different from metaverses that are based on virtual reality (VR). This lets people stay in touch with the physical world and the people around them while also enjoying virtual content and elements.
Concept
Infiniverse is a decentralized AR platform and metaverse on top of the physical world. It is operated by the Solana1 blockchain and Arweave2. Users can carry digital products and content into the physical world so that other users located nearby can see it and interact with it. The platform also lets users put material in the world that stays in the same place even after the user leaves the area or closes the application. However, because there isn’t much space in the physical world, people who want to place continuous content must buy or rent land NFTs, which are the digital layer of physical world locations.
A Real Economy
Users of Infiniverse may earn crypto via the system’s economy and commerce. Without the need for an intermediary, users may sell their inventions, exchange distinctive things, and purchase and rent land NFTs without incurring huge fees. The Arweave network’s information can be transmitted over the Arweave network via the blockchain, which provides users complete control and security over their virtual money, property ownership, and assets.
The objective is to build a booming virtual economy that enables content creators to generate significant economic value whilst also keeping the earnings, as well as a vibrant alternative universe that users will be able to swap into with ease. This will give users the opportunities to explore a wide variety of AR content and applications that are all co-existing with one another and engaging with one another.
All Sources of Income
A variety of options exist for those who want to create their own company and make money using cryptocurrencies, including:
- Selling on the marketplace
- Performing jobs for other users
- Selling and renting land
- Setting high-quality content on land
Selling on the Marketplace
On the Infiniverse market, illustrators, designers, and other content providers may sell their works in return for crypto, and the marketplace has moderate commission rates. Assets sold on the market can also be marked as distinctive, which enables users to trade digital collectibles.
Performing Jobs for Earnings
On a board, people may post tasks that other users must do anywhere in the globe to get paid. Instead of using constant adverts on land, for instance, consumers may be compensated to wear advertisements when moving through busy regions.
Selling & Renting Land
Anyone who sells or rents out their property or land will be able to profit in crypto. Early buyers have an advantage over others in that they may purchase land anywhere on the planet. To improve visibility for their material, newer buyers may seek land in busy regions like the hubs of major cities as the number of users on the network expands.
Down the line, you will be able to rent out your properties or land. Throughout the life of the rental agreement, the tenant will have control over any permanent material on the property.
Earning with High-Quality
Individuals will be able to sell high-quality content that will be accessed by making a small transaction. Keep in mind that there will also be free content for individuals to look at.
Perks of Infiniverse Using the Blockchain
The blockchain, as well as the decentralized storing networks like Arweave, make Infiniverse shatterproof, which allows it to go on forever and permanently even if the Infiniverse company stopped operating.
Conclusion
We introduced Infiniverse, a durable and autonomous metaverse that enhances the existing reality around us. Infiniverse is a network that provides users the opportunity to explore, engage with, and exchange AR content that was created by other users. Users may accumulate cryptocurrency holdings by selling items on the consumer market, renting and selling non-fungible tokens (NFTs) associated with their land, hosting high-quality content on personal land, and carrying out tasks for other users. Due to the low commission rates charged by the marketplace, content producers are able to retain the vast majority of the financial gains generated by their works. Blockchain technology ensures that only the rightful owners of assets have access to them, and since it lacks a hot spot problem, the digital universe cannot be erased. When augmented reality VR headsets become commonplace in the not too distant future, Infiniverse will have the appearance of a parallel universe in which users may move about freely while maintaining their connection to the actual world. We just cannot wait to witness the sort of universe that will be created by our users.
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