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Metaverse December 20, 2021

Metis DACs: Next-generation DAOs and the perfect solution for the metaverse



The Metis Protocol

Metis has built a solution that addresses all three elements of the Blockchain Trilemma. The Layer 2 Andromeda network handles huge amounts of transactions submitted on Ethereum Layer 1 as an Optimistic Rollup. Making each transaction processed on Layer 2 Andromeda network significantly faster and cheaper to execute than on Ethereum Layer 1. Andromeda inherits Ethereum’s security and decentralization because it is built on top of Ethereum. In addition Metis is launching a multi-layered system for validating and fraud-proofing transactions. Which will include a massive network of decentralized Verifiers and several sequencers. As well as a layer of Rangers to verify all of that verification.



DACs and the metaverse

The Metis DAC model is a governance system that aids in the management and rewarding of decentralized and autonomous communities. The DAC differs from DAOs in that its governance structure is one of voting and governance. Rather than purely voting and governance.

Metis, on the other hand, functions as a fully operating business with payroll, marketing, messaging, and insurance. All of which a corporate entity would have.

Metai DACs also allow different participants to have different responsibilities, so everyone can have different impacts on business decisions.

Another DAC component that allows other DAC participants to examine the roles of other ecosystem members is role delegation. Metis will roll out all of these functionalities, as well as a variety of DAC templates, starting in Q1 2022. Allowing everyone from established blockchain organizations to large non-blockchain companies to ten friends who wish to trade NFTs with each other to benefit from the secure Metis network.

In Q1, Metis will roll out its dedicated storage layer

Metis will release its dedicated storage layer in Q1, which will serve as a cheap and secure means to store big blocks of data like NFTs, as well as turbocharge Metis’ scalability, lowering gas fees on Andromeda to just a few cents – all paid with the $METIS utility token.

A highly scalable organization with easy-to-manage Reputation Power and authorization features, as well as a comprehensive open-source toolbox with the same kind of ERP and CRM software, messaging, payroll management, and other tools needed to run any business.

All of these characteristics position Metis to become the home of thousands of decentralized enterprises, as well as a hub for the Web3 economy and the metaverse.

DACs will be released in stages, like with any great technological breakthrough. Recent announcements include the implementation of the first stage, a staking program. Users can build their own DAC and stake $METIS tokens for $METIS token rewards in minutes by connecting their MetaMask wallet and transferring assets to the Metis Andromeda network. However, the APY offered in the staking program is just a stepping stone.

The Metis community will gradually understand the benefits and ease of usage of DACs

The Metis community will gradually understand the benefits and ease of usage of DACs, with over 600,000 $METIS tokens bridged to Andromeda in the month since the network began, and the staking program experiencing rapid growth. It won’t be long before the rest of the blockchain community realizes what’s going on.

Michelle D. Madsen graduated from the University of Westminster and has been deeply involved in the world of finance ever since. She has worked as a Broadcast Journalist hosting various news shows and informative webcasts about the financial markets. Since 2004 she has also been writing for MetaNews daily, her attention to detail, and her in-depth knowledge of the financial markets have led her to cover Foreign Exchange and commodities. The world of finance has changed in the last few years with the introduction and rising popularity of cryptocurrencies and the Metaverse. She has in no means been left behind, adding this to her bank of intellect and is now also an expert in cryptocurrencies. For the last ten years, Ms. Madsen has been engaged in the financial market. She has notedly written a great number of incredibly informative reviews for the crypto, NFT and the Metaverse. Her wealth of knowledge has enabled her to become a leading expert in the field. She continues to inform the public writing up-to-date, thorough reviews for the readers of MetaNews as she has for the last decade.

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TLGT is an innovative NFT project



Planet TLGT is an ecosystem that has been created for the welfare of both the natural world and its inhabitants. It includes a wide range of initiatives, such as NFT projects, Metaverse projects, IRL projects, plantation drives, DAO, and DeFi initiatives, amongst others, with the goal of generating money while also protecting the environment.

The Lucky Golden Trees are non-fungible tokens that are generated at random

These tokens are also known as “NFTs.” Owners are granted access to a variety of community perks, including additional FREE High value NFTs, rewards, and the ability to use Planet TLGT. There are 11111 TLGTs, and each one is totally different from the others. On the Polygon blockchain, TLGTs can be mined, held, and exchanged once they have been created.

There are 1111 reservations in all. Out of these, 300 will be reserved for the ever-growing squad, and the remaining 555 will be distributed as prizes. The remaining items will be sold off at private auctions. “Once it is available, holders will be able to acquire a TLGT NFT by going to the website, scrolling down to the minting section, and then clicking the “Mint Now” button.”

Planet TLGT has set itself the goal of providing its holders with a lifestyle that is secure, organic, and luxurious. The protection of one’s privacy, organic food for one’s health, and the opulence of one’s living standard.

“We are developing a TLGT Village with excellent standards of living at minimum expense using a novel concept called the Physical-Virtual Home, and TLGT-Fam will have lifetime free access to it.”


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Disney steps into the metaverse with project



Bob Chapek revealed Walt Disney Co.‘s first new cruise ship in a decade. It was the first project he championed to the company’s board. Chapek became Disney’s CEO in February 2020 and earned a three-year contract extension on Tuesday after recent issues spurred questions about his stay.

Chapek informed attendees at the christening event that it took six years to build the 144,000-ton Wish. Mickey and Minnie Mouse, Ant-Man, Chewbacca, and other Disney characters made appearances. “We combine wonderful personalities and tales with incredible technology,” Chapek remarked.

Disney’s theme parks, experiences, and goods unit has rebounded from pandemic closures. First-half operating income was $4.2 billion, reversing a $535 million deficit a year earlier. Chapek said in November that Disney’s premium-priced cruises have yielded “a double-digit return on investment.”

The Wish “kicks off the largest expansion in Disney Cruise Line history,” said Disney’s parks division head Josh D’Amaro. By 2025, two more ships will arrive

The new ship sails as the industry tries to win back consumers. Moreover, the Cruise Lines International Association thinks it will be 2023 before passenger volume surpasses 2019’s 29.7 million.

D’Amaro said bookings indicate Disney’s cruise line will return to full capacity.”We’ll have seven of them filled out,” he added. “I’m positive.” In addition, ” People who join this ship spend three days at Walt Disney World.”

AquaMouse will be the Disney Wish’s first attraction at sea. Guests float through 760 feet (230 meters) of winding tubes while seeing Mickey and other animated shorts. Families may dine in “Frozen” and “Avengers” realms. Disney designed a “Solo: A Star Wars Story”-themed hyperspace lounge for adults.

The ship features a physical-digital interactive experience. A Disney Cruise Line software turns a phone into a virtual “spyglass” for viewing constellations and going on adventures.

The interactive game further Chapek’s metaverse ambitions. The executive recommends virtual activities to keep consumers linked to Disney characters and tales between movie releases and park visits. The Disney Wish departs Port Canaveral, Florida, on July 14.


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Slash holds metaverse VR concert



Slash, the guitarist for Guns N’ Roses, has joined the metaverse in order to conduct a performance inside of virtual reality. Slash Featuring Myles Kennedy & The Conspirators will be joining the company’s Magic Mirror Musical Metaverse as a result of a collaboration with Groove Science Studios, the creator of the virtual reality music platform Soundscape VR, which has been in operation for the longest amount of time.

The band will be debuting all 10 songs from Slash’s newest album, 4, during their performance at Live At Studios 60

Slash is quoted as saying, “I’m incredibly psyched about this fantastic VR version of our live performance at Studios 60.” “It’s a brand-new, immersive picture that creates a fantastic ‘in the room’ sense.”

Eric Alexander, the founder and creator of Soundscape VR, shared his thoughts on the matter, saying, “It’s a milestone for SVR to display famous artists like Slash.”

Artists all around the world are seeing SVR and Magic Mirror as the ultimate digital presentation of their work because it provides viewers with an experience that is completely unique and is built for the highest degrees of immersion. Soundscape maintains its position as the undisputed leader in the investigation and presentation of the world’s most cutting-edge musical metaverse technologies.

The augmented reality and virtual reality markets are now seeing explosive growth, which is projected to reach 209.2 billion dollars by the end of this year. The Magic Mirror is a platform provided by Soundscape VR that allows musicians to exhibit their work in a digital environment that is both immersive and rapidly expanding. This environment combines virtual reality, augmented reality, and the internet.

Guests visiting the virtual reality show will have the opportunity to personalize an avatar of themselves by selecting new cosmetic options, including new hairstyles, clothing, and other items.

Users can attend these special Magic Mirror performances by downloading SVR for free from Steam VR or Oculus Home, depending on which platform they choose.


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