Inspiration
In 2018, the founder of Isekai Metaverse Filo curated and participated the first blockchain and art exhibition “Art 2.0: DAO” in China. In 2019, he participated another art and blockchain exhibition “Starfish Comes to Society: From Blockchain to Multidimensional Autonomy”. He is one of the first people who started to explore how blockchain technology could benefit creator economy back then. In 2021, as the development of blockchain technology and also NFT being known to the public, Filo felt it’s time to build a creator ecosystem.
What is Isekai Metaverse
Isekai Metaverse is a decentralized ACGN (anime, comics, games and novels) creator ecosystem. With our creator protocol we are going to build a bottom up ACGN metaverse where creators can use NFT culture Legos to participate community creation and eventually form a NFT content network. Isekai Metaverse provides various creation tools and distribution channels.
What does it do？
We put up a creator protocol which requires creator to allow others to make derivative creation based on their works. NFTs with such protocol can truly be used as cultural Lego bricks. All derivatives extend the original project’s aura and cultural charge. Accordingly, the protocol can be a powerful force multiplier for growing an NFT brand. Then we adapt the bottom-up paradigm which makes community lead the creating process. Users can make derivatives on others’ derivatives. With the NFT database growing larger, novels, comics, anime, and eventually games could be built on top of them.
The ecosystem helps shape how users and authors interact with each other. Users can give instant feedback in the ecosystem using our decentralized on-chain social network. They have a sort of direct connection with content creators giving them a “Producer-like Feeling.” In comparison, authors have an incentive to maintain a user fanbase given that user reviews increase the number of reputations stories have, and thus as a result interaction and feedback become a sort of gamified currency that can bring certain stories up to the top.
Problem
Current NFT projects are building walls in the digital world, creators still hold the copyright of intellectual properties which makes it difficult for derivative creation. There is no protocol for creators.
Most NFT projects are still using the top-down approach with no community creation.
Creators and their fans still use web 2.0 social media to build community and communicate with each other. The value of their interaction can’t be captured by web 3.0 mechanism.
How we solve it
We provide on-chain writing tools for creator to use. These text NFTs can be used as basic models for creating a novel. First, users will have a text NFT as an ID card which is their text avatar in metaverse. Then they can customize every attribute of the NFT even write stories for the character. It is a community powered on-chain literal creation. Eventually, there will be DAOs based on each IP.
The derivative NFTs need to be associated with the original NFTs. We will use an algorithm similar to page-rank to evaluate the value of an NFT in the network. The more derivative NFTs are linked to the original NFTs, the more valuable the original NFTs it will be.
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