We’re Building the World’s First Web5.0 Metaverse
And this is what you need to know
What is Metaverse?
There are a lot of different definitions when it comes to the metaverse. Some may include VR (virtual reality) or AR (augmented reality) technology. Metaverses do not necessarily refer to any type of technology, but more on how we interact with the technology.
Many would agree that the metaverse is a virtual world where we live another life, and is characterized by many creative and imaginative elements.
We bring GigaSpace to space with elements and features of how we envision our future in 100 years. But while we are adding all the wild elements to our metaverse, we are more focused on how to connect GigaSpace to real life.
What Makes GigaSpace Different?
There are many metaverses with different themes out there. However, most of them fall into the trap of fulfilling fantasies of our imagined world, instead of creating a virtual world where we can actually live another life.
We dubbed ourselves “a metaverse where business happens”, but we want to achieve way more than just business alone. That’s why we are building a “Web5.0” metaverse.
Is It the Same Web5.0 as What Jack Dorsey Proposed?
No. Jack Dorsey proposed a Web5 project in June, adding another layer of network to protect personal identity and data based on the Bitcoin network.
The Web5 technology Jack Dorsey referred to was more a technical definition. While the Web5.0 feature of GigaSpace is more about our vision of our metaverse.
Web5.0 — GigaSpace
In short, Gigaspace is combining the worlds of Web2.0 and Web3.0. The world of Web3.0 is taking off and many parties want to participate in this new trend. The decentralized world of Web3.0 allows users to take back ownership of their assets, but there is one trade-off for this utopia on the internet.
The barrier to entry for Web3.0 is actually much higher than we blockchain natives imagined. There are many Web2.0 users who do not possess the knowledge but want to enter the metaverse, or the existing metaverses do not offer the correct incentives to attract Web2.0 users.
This is why we are building a Web5.0 metaverse, a virtual world that is not only designed for Web3.0 parties, but also Web2.0 parties that will potentially turn into Web3.0.
Partners & Network
We’re very proud that within a very short period of time we have already partnered with 100+ Web2.0 & Web3.0 parties.
Contrary to other metaverses, we strategized to ALSO focus on Web2.0 partnerships.
Many of the metaverses out there encounter a common problem which we describe as an “echo chamber” in social media. Undeniably, the Web3.0 ecosystem is huge and very well-developed. But when we compare the current landscape of Web3.0 and Web2.0, we would know that Web3.0 hasn’t fully reached its full potential, probably not even 10%.
To drive mass adoption of Web3.0, we should put more resources and focus on converting Web2.0 users. This explains our partnership strategy, including reputable brands that already have a large user base from their Web2.0 business.
Through these partnerships, we work with our partners on creating more incentives to drive users into GigaSpace.
On the other hand, we also help provide Web2.0 solutions to Web3.0 parties. Many Web3.0 projects are desperate to develop real-life applications. The ecosystem in the GigaSpace allows the happening of a lot of collaborations and helps Web3.0 projects with our infrastructure.
Infrastructure
GigaSpace’s system is dedicated to building a Web5.0 environment. We make onboarding extremely easy to attract Web2.0 parties. One-click and customized solutions to enable Web2.0 brands to enter and live in our metaverse.
We also partnered with 3D modeling companies to import the architecture design of these brands effortlessly. With our ready-to-deploy smart contracts, Web2.0 parties can jump over the Web3.0 hurdle without spending a lot of extra resources.
On the other side, our avatar integration system can easily accommodate PFP NFT projects, offering them extra utilities and also the opportunities of tapping into the Web2.0 market.
Fiat payment gateway: on-ramp and off-ramp wallet solutions are also planned in our roadmap for better scalability.
Why Are We the World’s First?
Our Web5.0 metaverse is only made possible with our efficient BD & partnership team. As said, we spent plenty of resources on onboarding Web2.0 partners. Also, thanks to our extensive network, GigaSpace has a unique advantage in Web2.0 partnerships compared to other existing metaverses.
What Do We Want to Achieve?
Our mission is to build the world’s first Web5 metaverse to facilitate business activities and communities by combining the worlds of Web2 and Web3. We envision that everyone will have their own land or space in the metaverse in the coming future.
