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MetaMundo launched its 3D NFT Marketplace for Metaverse, focusing primarily on art sales.
The marketplace lets you collect and own scenes and metaverse assets as NFTs, and is compatible for use in multiple virtual environments such as Decentraland, Cryptovoxels, The Sandbox, and Spatial.
MetaMundo enters 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 all interconnected, as in novels such as Snowfall and Loan plays one.
JPEG-based NFT markets are common. But this kind of 3D art market is unique and tackles the problem of creating an open metaverse — interoperable assets between engines and worlds, co-founder Finn Hansen said in an interview with GamesBeat.
“It’s important that we allow talented creatives, 3D artists, to shape these experiences and be at the forefront of building the metaverse that really needs to be built because we’re only at the beginning of its existence,” he said. “Today, if you buy a 3D asset on one of the marketplaces that are usually closely tied to a virtual world, you mostly can’t use those files in other worlds.”
The company believes that progress is being made in interoperability with new standards bodies. Avatars in particular should become cross-platform, so you can take your identity from place to place.
“Everyone is going to need an avatar, and I think people will want multiple avatars, depending on their mood, the type of environment they want to walk in and how they want to express themselves,” Hansen said. “You’ll want to choose your outfit and your clothes. The 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 to make 3D gaming assets available in the form of NFTs. He built a custom 3D viewer where you can see the different interoperable versions of the same 3D asset for each environment. It took more than a year of development to build it.
“There’s fundamentally a content problem in the metaverse, and that’s something we’re working to change,” Hansen said. “We do this by collaborating with talented 3D creators, designers, architects and brands to help shape what these experiences are and help imagine what the metaverse can be. The beauty of the Metaverse is that it really can be anything our imagination can imagine.
MetaMundo collaborates with a curated selection of 3D creators active in both metaverse and real-life design, such as renowned NFT artist Dutchtide, American modernist architect Luis Fernandez, and metaverse architect Mila Lolli. At launch, MetaMundo will offer weekly NFT drops. Each features 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 enabled Metaverse users to collect high-quality 3D scenes – denoted as NFTs – for use in many virtual environments.”
The first 3D NFT drops include: A model inspired by the brutalist architecture Japanese Zen Art Gallery by Dutch artist Dutchtide; and a sprawling luxury villa by the sea reminiscent of the work of Adolf Loos and Mies van der Rohe by Luis Fernandez. The gallery will be auctioned as a unique edition; the villa will be available for purchase from an issue 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 problems with 3D files, metaverse and NFTs. Thanks to a flexible metadata structure, several 3D files can be included in an NFT.
“We address the lack of NFT interoperability with a unique architecture we have developed that includes a versatile and extensible NFT metadata structure that supports multiple versions of 3D files and allows for new file versions to be added later. further to allow for durability of 3D technology is developing,” said Hansen.
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 NFT that are compatible with new 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 huge demand to create dynamic environments and virtual cities in the metaverse by providing a solution that is both scalable and creative, which is also compatible with The Sandbox”, said Sébastien Borget, Director of Operations of The Sandbox, in a press release. announcement.
Intuitive user experience for collecting 3D NFTs
Most of today’s NFT marketplaces were originally designed and built to collect 2D NFTs.
“The future of the metaverse will be a fragmented assortment of different types 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 you want to use it, it will work.”
He added: “We need to ensure that the 3D models we sell don’t become unusable in the long term. We can adopt new file standards as they emerge. And as 3D rendering technology evolves, etc. we are still able to provide interactive features in these various popular virtual environments.
With the rapid growth of metaverse and 3D virtual environments, MetaMundo has designed and built a user experience specifically aimed at collecting 3D NFTs. The MetaMundo Marketplace allows users to preview and interact with the 3D files bundled in each NFT via an immersive and interactive viewer before collectors make a purchase.
“With the launch of MetaMundo, we’re excited about the ability to bring together 3D scenes that work across multiple metaverses,” Everyrealm’s TJ Kawamura said in a statement. “MetaMundo’s unique NFT functionality makes it incredibly easy for anyone to build on our terrain and create engaging metaverse environments from today’s leading 3D designers.”
In November, MetaMundo raised $2.7 million in funding from metaverse funds and angel investors. 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 built on Polygon, the eco-friendly blockchain, which means that minting and selling assets will have very low gas fees compared to Ethereum and will use much less energy.
What kind of content keeps people coming back to the metaverse?
“We’re thinking about it a lot. So it’s really at the forefront of our minds. We’re obviously having these conversations with the creators as well. And we’re also going to focus on optimizing our 3D model optimization pipeline,” Hansen said. “We want to make sure that they working in these different environments. Creators will come to us or brands will come to us with an original high quality 3D file. We will then take the file, make copies of it, convert it and decimate it through the 3D model optimization pipeline. And then finally we have a set of files that we work with with the metadata structure as NFT. We will continue to automate this pipeline.
As for new metaverse-like worlds, Hansen said he’s excited about Wilder World, which is powered by Unreal Engine 5 technology. He is also excited about Yuga’s The Sandbox, Nifty Island and Otherside – First Journey. Labs and Improbable.
Crypto Winter and NFT Resistance
I asked Hansen what it was like operating in the middle of the current cryptocurrency winter.
“We’re a team of builders, so this doesn’t affect our goal to continue building the best possible platform for talented 3D creators and brands to launch interoperable 3D metaverse scenes and assets,” he said. “Yes, there is less demand right now for NFTs, but we have a clear long-term vision to enable the building of metaverses. There will always be a demand for engaging, high-quality 3D experiences, and that is what we will continue to do to focus on.
I also asked what he thought about hardcore players’ 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 and high-quality, engaging NFT games and experiences,” said Hansen. “That will be the key to winning over hardcore players.”
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