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MetaMundo launched its 3D NFT Marketplace for the Metaverse with a focus on primary art sales.
The marketplace allows you to collect and own metaverse scenes and assets like NFTs, and is supported for use in multiple virtual environments like Decentraland, Cryptovoxels, The Sandbox, and Spatial.
MetaWorld Tap into the primary sales market for 3D images for use in galleries, villas, concert halls, parks, avatars, vehicles, and more. 3D artists, architects, and designers can sell their 3D scenes and assets on the MetaMundo Marketplace, directly to users of the metaverse, the universe of virtual worlds that are all interconnected, just like in novels like Snowfall et loan player one.
JPEG-based NFT markets are common. But this kind of 3D art market is unique and addresses the problem of creating an open metaverse: interoperable assets across engines and worlds, co-founder Finn Hansen said in an interview with GamesBeat.
“It is important that we allow talented creatives, 3D artists, to shape these experiences and be at the forefront of building the metaverse, which really needs to be built because we are only at the beginning of its existence,” he said. “Today, if you buy a 3D asset in one of the marketplaces that are normally closely tied to a virtual world, most of the time you can’t use those files in other worlds.”
The company believes that there is progress in interoperability with emerging standards bodies. Avatars in particular should become cross-platform, so you can take your identity from one place to another.
“Everyone will need an avatar, and I think people will have multiple avatars, depending on their mood, the kind of environment they want to get into, and how they want to express themselves,” Hansen said. “You will want to choose your outfit and your clothes. Vehicles will be interesting.
MetaMundo supports standards such as Pixar’s Universal Scene Description, which has been adopted as an open source standard for sharing 3D assets.
The company has made it possible for 3D gaming assets to be available in the form of NFTs. Created a custom 3D viewer where you can see different interoperable versions of the same 3D asset for each environment. It took over a year of development to build it.
“There’s fundamentally a content issue in the metaverse and that’s something we’re working on changing,” Hansen said. “We do this by partnering with talented 3D creators, designers, architects and brands to help shape those experiences and help imagine what the metaverse can be. The beauty of the Metaverse is that it really can be anything our imaginations can imagine.
MetaMundo partners with a handpicked selection of 3D creators, active in both the metaverse and real-life design, such as renowned NFT artist Dutchtide, American modernist architect Luis Fernández, and metaverse architect Mila Lolli. At the start of launch, MetaMundo will offer weekly NFT drops. Each has an in-depth editorial interview.
“MetaMundo’s vision is to facilitate a beautifully designed, interoperable and open metaverse: an immersive 3D social Internet, where anyone can own and build parts of it using blockchain technology. The market launch is our first big step towards realizing this vision,” said Hansen. “For the first time, we’re enabling Metaverse users to collect high-quality 3D scenes, coined NFTs, for use in many virtual environments.”
The first 3D NFT drops include: A model inspired by brutalist architecture Japanese Zen Art Gallery, by the Dutch artist Dutchtide; and a sprawling luxurious waterfront villa, reminiscent of the work of Adolf Loos and Luis Fernández’s Mies van der Rohe. The gallery will be auctioned as a single edition; the villa will be available for purchase starting at an edition of 100 NFT.
A marketplace designed for 3D NFTs and interoperability
MetaMundo has developed its own Ethereum-based NFT specifically designed for 3D files and metaverse interoperability, solving a number of issues with 3D files, metaverse, and NFTs. Thanks to a flexible metadata structure, multiple 3D files can be included in one NFT.
“We solve the lack of NFT interoperability with a unique architecture we have developed, which includes a versatile and extensible NFT metadata structure, which supports multiple versions of 3D files and provides the ability to add new file versions later to allow for durability. of 3D. the technology is evolving,” Hansen said.
Every NFT sold on MetaMundo includes a set of 3D files compatible with Decentraland, The Sandbox, Cryptovoxels, Spatial, VRChat, and more. Over time, new 3D files may be added to the NFT that are compatible with emerging metaverse environments. MetaMundo takes the 3D file developed by the creator and puts it through a conversion and optimization pipeline, resulting in the creation of multiple 3D files optimized for the metaverse.
“MetaMundo responds to the immense demand to create dynamic environments and virtual cities within the metaverse by providing a scalable and creative solution that is also compatible with The Sandbox,” said Sébastien Borget, COO of The Sandbox, in a press release. statement.
Intuitive user experience to collect 3D NFTs
Most of today’s NFT markets were originally designed and built to collect 2D NFTs.
“The future of the metaverse is going to be a fragmented assortment of different kinds of experiences,” Hansen said. “We want to address that and make sure that when you buy an item from a creator or a 3D item, and want to use it, it will work.”
He added: “We have to make sure that the 3D models we sell don’t become unusable in the long run. We may adopt new archiving standards as they arise. And as 3D rendering technology etc. evolves, we are still able to offer interactive features in these various popular virtual environments.
With the rapid growth of the metaverse and 3D virtual environments, MetaMundo has designed and built a user experience specifically geared toward collecting 3D NFTs. MetaMundo Marketplace allows users to preview and interact with the 3D files included in each NFT, through an immersive and interactive viewer, before collectors make a purchase.
“With the release of MetaWorld, we’re excited about the ability to collect 3D scenes that work across multiple metaverses,” Everyrealm’s TJ Kawamura said in a statement. “MetaWorld’s unique NFT feature makes it incredibly easy for anyone to build on our land and create compelling metaverse environments from today’s leading 3D designers.”
In November, MetaMundo raised $2.7 million in funding from metaverse funds and angel investors. The lead investor was Animoca Brands, along with Hypersphere Ventures, Digital Currency Group (DCG), OP Crypto, Metacartel Ventures, Everyrealm, Marshland Capital, Own.fund, Polygon Studios, Ascensive Assets, Sfermion, D1 Ventures, Cryptomeria Capital, Red Beard Ventures and Metacollective.
MetaMundo is an online marketplace based in the British Virgin Islands, with a dozen employees. MetaMundo is based on Polygon, the green blockchain, which means minting and selling assets will have very low gas fees compared to Ethereum and use much less energy.
What kind of content will bring people back to the metaverse?
“We thought about it a lot. So it’s really at the forefront of our minds. Obviously, we also have these conversations with the creators. And we will also focus on optimizing our 3D model optimization pipeline,” Hansen said. “We will make sure that they work in these different environments. Creators will come to us or brands will come to us with a high fidelity original 3D file. We’ll then take the file, make copies of it, convert it, and decimate it through the 3D model optimization pipeline. And then at the end we have a set of files that we work with the metadata structure as NFT. We will continue to automate this pipeline.
As for metaverse-like pop-up worlds, Hansen said he’s excited about wild Worldwhich is powered by Unreal Engine 5 technology. He is also excited about The Sandbox, Nifty Island and Other Side – Premier voyagefrom Yuga Labs et Improbable.
Resistance to Crypto Winter and NFT
I asked Hansen what it was like to trade in the middle of the current crypto winter.
“We are a team of builders, so this does not affect our goal of continuing to build the best possible platform for talented 3D creators and brands to release interoperable 3D metaverse scenes and assets,” he said. “Yes, at the moment there is less demand for NFTs, but we have a clear long-term vision to enable the construction of metaverses. There will always be a demand for high-quality, engaging 3D experiences, and that’s what we’ll continue to focus on.
I also asked him what he thought of hardcore gamers’ resistance to NFTs.
“As more and more 3D design talent and triple-A game development studios begin to take advantage of NFT technology, we will see more and more fun, social, high-quality NFT games and experiences,” said Hansen. “That will be the key to winning over the more experienced players.”
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