Kindle Notes & Highlights
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February 15 - February 16, 2022
Web3’s emphasis on decentralization is grounded on the idea that “users are the platform” and the platform is sustained collectively by those who take part in it. As part-owners of the platform, users are therefore entitled to enjoy sovereignty over their virtual assets, data, and digital wealth.
The grand vision of the metaverse is to provide a parallel digital universe connected to our physical world through multiple digital technologies. These parallel virtual environments and the convergence of the online and offline worlds will allow us to experience and communicate
The ultimate goal of the metaverse is to look and feel like physical reality, allowing your avatar to move around freely, interact with others, and access information within a 3D environment just like in the real world. Interactions will affect both your own state of being and that of others in the metaverse. This means that the metaverse may offer us the opportunity to work remotely. By entering a virtual office environment on a regular or drop-in drop-out basis, it might be possible to spend part of our time working interactively and virtually from the comfort of our physical homes.
Other projects such as Decentraland and Second Life straddle the hi-fi and lo-fi battle line and deviate on the other main axis, which is “open” or “closed” in terms of ownership and governance.