Neal Stephenson's Lamina1 publishes a white paper on building the open metaverse

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Neal Stephenson's blockchain tech startup Lamina1 today released a white paper on building the open metaverse. It's quite a manifesto.

In the document, the company said its mission is to provide layer-1 blockchain, interoperable tools, and decentralized services optimized for the open metaverse — providing communities with infrastructure, not gatekeepers, to build a more immersive Internet. (Stephenson will talk about the open metaverse in a fireside chat at our GamesBeat Summit Next 2022 event on October 25-26 in San Francisco. Use code Dean50 to get a discount).

Effort includes new original content: Under active development at an early stage, Neal Stephenson's THEEE METAVERSE promises a richly imagined interactive virtual world with an unforgettable origin story, according to the newspaper. Built on the Lamina1 channel, creators will come to experience Neal's vision and stay to develop their own. Stay tuned for more details, the newspaper said.

Lamina1 said the metaverse represents the evolution of our online lives — moving to rich 2D and 3D worlds in which we seamlessly create, explore, socialize, and transact. As we enter this bold new era of content creation and participation, we need to revisit Web2's centralized business models to give creators and consumers more agency, ownership, and privacy. A creative community free to innovate and transact will result in a thriving economy. Lamina1 provides critical infrastructure to enable the open metaverse's trillion dollar economy.

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"The strength of Lamina1's technical foundation will be validated by the ability of our own creator, Neal Stephenson, to deliver his inspired and principled vision of what the Open Metaverse can be. We use history as a powerful tool to contextualize and drive the creative and technical development needed to build a virtual universe infused with humanity,” the white paper states.

In the article, Stephenson said, "Inexorable economic forces are pushing investors to pay artists as little as possible while steering their creative output in directions that involve the least financial risk."

The goal is to correct the sins of the past. The newspaper says Web2 ushered in a period of rapid innovation and unprecedented access to entertainment, information and goods globally. The simplified tools and usability have brought creators and innovators to the web in droves to create digital storefronts, interact and transact with their customers.

Owning and controlling this growing ecosystem of personal content and data has become a critical and lucrative endeavor for large corporations. Consumer behavior, recorded on the company's centralized servers, provided constant, insider insight into how to monetize human emotion and attention, Lamina1 said.

Sins included:

Digital disruption...