CoinQuora had a chance to talk with Nicolas Weber, Co-founder of MetaGameHub and the European Blockchain Association. We asked him about his project development and the difference between other metaverse projects. Here are some of the questions we asked Nicolas.
Q. How does blockchain integrate or connect to your project?
The MGH is a DAO (Decentralized Autonomous Organization) deployed on the Ethereum Blockchain. We are developing multiple dApps that run on top of the MGH protocol to aggregate virtual worlds and provide the web3 ecosystem with the right tools to navigate the metaverse.
Q. What do you think about the metaverse and other things that connect to the metaverse space?
The metaverse is the next iteration of the internet since it allows people to communicate, socialize and interact in a more immersive and inclusive way. Moreover, the metaverse is at the intersection of multi-trillion dollar industries such as gaming, blockchain, AI, and social media which leads to the creation of new digitally native business models that will unlock an exceptional amount of value.
Q. What are the new projects you see on the horizon? Are there any projects you are planning to venture into?
Our goal is to develop with the industry and constantly create tools that help foster the development of the metaverse. We are especially looking forward to the metaverse integration of regular businesses, which are exploring this disruptive space.
Q. What makes your project different from the others?
Every hype cycle is linked to a lot of noise and buzzwords. The current metaverse hype is not different. Multiple projects are creating their own metaverse or creating digital twins of real life. That is what we call the layer one metaverse. We are focused on layer two, meaning on the application layer, which will allow us to aggregate metaverses and onboard the masses by providing an easy-to-use interface that provides users with the needed tools to seamlessly navigate the metaverse.
Q. Can you tell what new technology you are excited about?
I am very excited about the future convergence of web3, DeFi, Virtual Reality, and AI. I think that we are very close to reaching an inflection point where the intersection of these technologies will allow us to extract the potential of the web3 revolution.
Q. Do you have anything specific to share about your project?
The biggest assumption in our business is that the Metaverse – Dataverse – crypto economy is here to stay. If you select aggregation you have a deep advantage over competitors, since you can diversify far better. At MGH DAO we can dynamically (and have already) react to market conditions far more flexibly than e.g. players solely focused on voxelized Metaverse for games.
Let’s assume for instance voxelized games in the ages of Augmented Reality and enhanced VR were to lose their touch. Someone focused on only this niche, would have more trouble than MGH with a diversified approach. At MGH we assume that after this “layer 1” Metaverse infrastructure hype the next growth opportunity is intuitive tools/applications (layer 2), as well as communities (layer 3, e.g. DAOs), will significantly flourish.
Q. How does it feel to be a part of the 22nd Edition World Blockchain Summit in Dubai?
We are very excited to spread the word about the open Metaverse and educate people on how it will change the way we socialize, learn and do business. We are also looking forward to expanding our network and onboard new investors and community members
Q. How can the interested investors contact you?
By coming to our booth or sending us an email to [email protected].
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