CMeta = MetaVerse + DAO + Defi
Imagine a truly decentralize metaverse which is controlled by DAO where you can hangout with your friends without buying land parcels or paying anything. You are the owner your world. You can showcase your nft’s or display your 3D artworks. DAO controls the buying and renting of spaces and in turn earns yield for the voting.
Brainstorm 🧠
The current problem with the Metaverses is that there development is highly centralized and this throttles the creativity, CMeta is a DAO controlled metaverse where everything from development to revenue is controlled by DAO. This provides an opportunity for emense growth. What we are trying to build is a platform that integrates the interactivity of the metaverse powered by governance through the use of DAO. Attractive yield generated by renting out spaces providing a lucrative farming experience. By using our plugin artists would be able to easily create there spaces in blender. We strongly believe that the real utility of NFT is in metaverse.
Tokenomics 🤑
Our ecosystem is supported by 2 tokens and all play a crucial role in providing fundamental functionality to users.
NFT of Space : NEP-15 every space minted on our platform can be bought by DAO if the members agree and they could also be sold on marketplaces if another user wishes to buy them.
*CMeta token : NEP-17 token used for governance purposes held by DAO members. Used for voting and profits will be paid as dividend.
Infrastructure 🏗
We are build to be resilient. Our infrastructure is designed very carefully keeping in mind the amount of effort and time users from all around the world will spend on our platform. We have used Neo chain for providing base level security in logics and causing no single point of failure.
Audio chat is done via Webrtc. Utmost care is taken in designing the infrastructure to be as decentralized as possible.
NEO-FS is used as a decentralize storage to store all the 3D spaces that are created by artists. Our node provides simple rest endpoints to store spaces on NEO-FS
SDK : With our sdk artists will be easily able to mint there space as well as submit it for DAO approval as well as the spaces will get automatically stored on NEO-FS
Imagine a truly decentralize metaverse where you can hangout with your friends without buying land parcels or paying anything. You are the owner your world. You can showcase your nft’s or display your 3D artworks.
What it does 🔧
An aggregation of various spaces to create a metaverse experience as well as offer corporates a space to host there events for rent Providing the best possible experience to user as well as creating value. DAO membere approve the spaces and gets rewards when the spaces are used for events or bought by other users. DAO members can even stake there tokens to get yield as well as exclusive features.
Features Include : Interacting with People via Audio with Webrtc
Staking your token in game to win reward in CMeta token
DAO voting for approval of spaces and other governance proposes
Yield farming on various assets and profits made by the CMeta
Host events easily, live streaming support is also added.
Challenges we ran into 💪
- The biggest problem for a metaverse builder is creating sustainable code to for the future generation to built on thinking modularly was one of the toughest thing to do
- Instead of Using Game-Engines which do not support web-browsers natively we have used BablyonJs for the best possible user Experience
Accomplishments that we're proud of 😎
Totally Modular code fully working demo deployed on neo testnet
What's next for CMeta⏱
There’s a lot to build and lot to learn. We want to work on growing the project organically with sustainable code infrastructure. Building a in game NFT marketplace Bringing various other games to the platform Launching it on mainnet as soon as possible
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