Some proposed members of a universe of Metaverses
Meet the Teams Collaborating to Build an Infinite Universe of Metaverses in Coindesk
For people waiting for the metaverse era to begin, these are exciting moments, with a range of projects across the world readying themselves for launch in the year ahead. It will be fascinating to see which of the many competing visions and concepts win the public’s hearts.
But for many Coindesk readers, just as fascinating are the cutting-edge technologies that metaverses will be built on. It’s clear that, if they’re going to deliver immersive, parallel-life experiences where people can do everything they do in the real world and then some, these ambitious projects will need to be built on collaboration between visionaries from a vast range of tech domains, including the Web3 and digital asset spaces.
So who are the partners that come together to take a metaverse from initial concept to vibrant virtual reality? Let’s take a look by considering the example of the joint venture Translucia, one of the most exciting metaverse pioneers.
The Translucia project
The founding partner behind Translucia is the Thai media company T&B Media Global, which has been responsible for multiple hit TV and movie projects across a range of genres. The firm’s innovation unit set the objective of building a platform where an infinite set of interconnected metaverses will co-exist. The unifying theme of these metaverses is that they will infuse virtual versions of real-world experiences with creativity, positivity, happiness and prosperity.
It’s about creating living and lifestyle experiences that until now have only existed in dreams, but it’s also about prioritizing well-being by making sure the more toxic habits that have become associated with social networks do not become a feature of Translucia’s metaverses.
Input from a real-word real-estate developer
T&B Media Global’s joint venture partner is the real estate developer MQDC. You might be surprised that a firm specializing in real-world property would be working on a metaverse project, but MQDC’s involvement makes perfect sense: If Translucia’s metaverses are to provide an authentic yet enhanced version of spaces where people live, work and play, who better to work with than a firm that has a track record of developing such projects in real life?
The first tech partners
Since the beginning, the joint venture partners have been proactive in seeking out partnerships with Web3 and crypto-native businesses that have the expertise to make the Translucia vision a reality.
Its first moves were to partner with two Australian tech firms, Pellar Technology and Two Bulls, which are using a $100 million investment from T&B to operate a Metaverse Research and Development Center (MRDC). Here, teams are finding answers to questions that lie at the heart of Translucia’s vision, for example, how to build a low energy consumption blockchain and what economic and game design principles will best ensure an atmosphere of positivity and well-being.
After the MRDC was launched, Translucia recruited four major partners to build out the visual and economic sides of the project.
Aesthetics and immersion specialists
The New Delhi-based Sunovatech has accepted the challenge of creating Translucia’s 3D environments and assets. It’s a perfect fit with Translucia’s vision because it brings to the table a team that has completed over 650 stunning 3D visualization and VR projects that offer impeccable, breath-taking renderings with a variety of aesthetics, from real-world cityscapes to richly imagined cinematic worlds. The firm is right at the top of its field in terms of its expertise in making the virtual lifelike using the Unreal Engine.
Translucia’s other main visual partner is China’s Black Flame. The firm has ample experience in creating convincing and visually stunning alternative realities, having worked on a range of blockbuster animations, among them the hits “Ne Zha” and “The Monkey King 2.” Black Flame will contribute its aesthetic skills to design Translucia’s landscapes, avatars, architecture, environments and assets.
Partners to build a metaverse economy
Crypto investors will be familiar with Sygnum. It was the world’s first-ever digital assets bank, and it pioneered a custodial infrastructure that has set a host of standards for digital asset management. Sygnum’s Singapore division will be responsible for masterminding Translucia’s financial architecture, and so we can anticipate the platform will be the most sophisticated and secure in terms of users’ ability to acquire and store the crypto and tokens that they will use to build prosperous virtual lives. ... '
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