{"id":62693,"date":"2022-06-09T15:41:59","date_gmt":"2022-06-09T12:41:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=62693"},"modified":"2025-09-05T19:31:05","modified_gmt":"2025-09-05T16:31:05","slug":"creator-of-the-term-metaverse-announces-cryptocurrency-startup","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/creator-of-the-term-metaverse-announces-cryptocurrency-startup\/","title":{"rendered":"Creator of the term &#8216;metaverse&#8217; announces cryptocurrency startup"},"content":{"rendered":"<p>Fiction writer Neal Stephenson will launch his own blockchain Lamina1, focused on metaverses and augmented reality.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">30 yrs ago, author of \u201cSnow Crash\u201d <a href=\"https:\/\/twitter.com\/nealstephenson?ref_src=twsrc%5Etfw\">@nealstephenson<\/a> coined \u201cthe Metaverse.\u201d Now, alongside crypto pioneer <a href=\"https:\/\/twitter.com\/vessenes?ref_src=twsrc%5Etfw\">@vessenes<\/a> + others, he\u2019s bringing it to life. Introducing <a href=\"https:\/\/twitter.com\/hashtag\/LAMINA1?src=hash&#038;ref_src=twsrc%5Etfw\">#LAMINA1<\/a> \u2013 the Layer-1 blockchain for the Open <a href=\"https:\/\/twitter.com\/hashtag\/Metaverse?src=hash&#038;ref_src=twsrc%5Etfw\">#Metaverse<\/a>.<\/p>\n<p>\u2014 LAMINA1 (@Lamina1official) <a href=\"https:\/\/twitter.com\/Lamina1official\/status\/1534528305457766400?ref_src=twsrc%5Etfw\">June 8, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>Former Bitcoin Foundation president Peter Vessenes is also involved in the project. In his words, the first iteration of the blockchain will be something between a friendly fork and a partnership with Avalanche. However, those plans exist only on paper for now.<\/p>\n<p>Investors include Ethereum co-founder Joseph Lubin, PSL Ventures managing director Jeff Entress, billionaire Matthew Roszak, Chief Legal Officer Patrick Merk of Transparent Systems, and DLTx&#8217;s COO David Johnston.<\/p>\n<p>It was Neal Stephenson who, in 1992&#8217;s Snow Crash, first used the term \u201cmetaverse.\u201d The book depicts the metaverse as a virtual urban environment accessed by people via the Internet and VR headsets. The work touches on themes of social inequality, totalitarianism, advertising, and virtual real estate.<\/p>\n<p>Today the author <a href=\"https:\/\/twitter.com\/nealstephenson\/status\/1534596817643446272\">admits<\/a> that 30 years ago he did not foresee all the developments in metaverse visualization.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abWhen I was writing Snow Crash, I did not anticipate the emergence of video games. It was they that made 3D graphics cheap enough to reach a mass audience\u00bb, \u2013 Neal Stephenson said.<\/p>\n<\/blockquote>\n<p>He also suggested that most metaverse spaces would be designed for monitors rather than VR headsets.<\/p>\n<p>A testnet and beta version of Lamina1 are planned to launch by the end of 2022. The developers\u2019 ultimate goal is to create an immersive 3D metaverse inspired by Stephenson&#8217;s novel.<\/p>\n<p>In April, American rapper Snoop Dogg said he would create digital cannabis farms in the MOBLAND metaverse.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our Telegram \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fiction writer Neal Stephenson will launch his own blockchain Lamina1, focused on metaverses and augmented reality.<\/p>\n","protected":false},"author":1,"featured_media":62694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[25,1353,1223,1361,1366],"class_list":["post-62693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain","tag-metaverses","tag-startups","tag-virtual-world-innovations","tag-vr-ar"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=62693"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62693\/revisions"}],"predecessor-version":[{"id":62695,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62693\/revisions\/62695"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/62694"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=62693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=62693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=62693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}