What Is the Open Metaverse? The Metaverse Show #1 with Ryan Gill

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April 27, 2021
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Outlier Ventures
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What Is the Open Metaverse? The Metaverse Show #1 with Ryan Gill

TL;DR

The Metaverse Show explores how blockchain, NFTs, crypto, and portable digital identity could support a more user-centric open metaverse. In episode #1, host Jamie Burke interviews Ryan Gill, CEO and co-founder of Crucible, inside a VRChat studio built by Boombox Head. Gill’s company provides tools for builders and creators, including the Emergent SDK for game-engine developers. Read on for the episode’s key concepts and participants.

Transcript

hello and welcome to the metaverse show i'm jamie burke ceo and founder of outlier ventures aka crypto shaman um we're going to be doing something unusual today so on the one hand we are recording our founders of web3 podcast and as you probably gathered on the other hand we are launching our metaverse show with a special guest somebody very close ... Read More

Key Insights

  • 🤗 The open metaverse is becoming a reality with the convergence of blockchain, NFTs, and crypto, offering new opportunities for creators and users.
  • 🖐️ Virtual reality technology is playing a significant role in the development of the metaverse, providing immersive experiences and virtual environments for users.
  • 👻 Self-sovereign identity is a critical component of the metaverse, allowing users to have control over their personal data and identities in virtual spaces.
  • 👶 The emergence of decentralized finance and NFTs in the metaverse is creating new economic models and virtual marketplaces.
  • 🥰 The metaverse has the potential to revolutionize various industries, including gaming, fashion, art, and music, through the introduction of virtual-first brands and immersive experiences.

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Questions & Answers

Q: What is The Metaverse Show #1 with Ryan Gill about?

The first episode introduces a weekly show about the open metaverse and its use of blockchain, NFTs, and crypto. Host Jamie Burke interviews Ryan Gill, CEO and co-founder of Crucible, about tools and portable digital identity for open-metaverse builders, creators, and players.

Q: Who hosts The Metaverse Show?

The show is hosted by Jamie Burke, CEO and founder of Outlier Ventures. He introduces himself as “Crypto Shaman” and says the launch is also being recorded for the Founders of Web3 podcast.

Q: Who is Ryan Gill?

Ryan Gill is the CEO and co-founder of Crucible and a venture partner who introduces projects to Outlier Ventures’ dedicated metaverse accelerator. He was also a core contributor to a paper called the Open Metaverse OS.

Q: What is the purpose of The Metaverse Show?

The show aims to interview founders, creators, and innovators working within the open metaverse. Its focus is on using blockchain, NFTs, and crypto to create a more user-centric web, internet, and metaverse.

Q: How is The Metaverse Show produced in virtual reality?

The episode is filmed in VRChat inside a virtual studio with several camera angles. Producer Roland edits it live and may appear in the space as a black shadow while moving between production positions.

Q: Who built the virtual studio for The Metaverse Show?

Boombox Head built and customized the show’s virtual studio. The underlying design and blueprint came from an existing studio attributed in the discussion to Niftys.com, and Boombox Head was also working with Webiverse on open-metaverse projects involving VRChat.

Q: What does Crucible build for the open metaverse?

Crucible enables blueprints and tools for open-metaverse builders and creators, along with portable digital identity for players. Its Emergent SDK gives game-engine developers an on-ramp to decentralized web technologies, including decentralized finance, NFTs, player networks, and marketplaces.

Q: Why is decentralized or self-sovereign identity important to the metaverse?

Jamie Burke describes decentralized identity as foundational because the web has never had a native form of identity. He says it becomes even more important in the metaverse because VR headsets can collect spatial data about a room and biometric data about how a user’s eyes respond to stimuli.

Summary & Key Takeaways

  • The Metaverse Show is a virtual talk show recorded in VR chat, featuring discussions on the open metaverse and its use of blockchain, NFTs, and crypto to create a more user-centric internet.

  • The show aims to provide insights into the open metaverse through interviews with special guests who are pioneers in the space.

  • The virtual studio used for the show was built by Boombox Head, a company known for its work in the open metaverse space.


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