According to Dirk Lueth, co-founder of the Upland Metaverse, the colonization of the metaverse by tech giants and the building of so-called “walled garden systems” is not sustainable. Lueth argues that instead of “locking users in,” the metaverse should usher in “a future where they are free to move between platforms and can easily take their assets and identity with them.”
‘Walled Garden Systems’ Not Sustainable
While interest in the metaverse has seemingly dissipated as evidenced by Meta’s decision to focus on artificial intelligence (AI), Dirk Lueth argues that AI tools can still “provide very interesting enhancements for the metaverse in general.” The Upland co-founder also told Bitcoin.com News what he thinks about “infinite land” metaverses and scarcity.
In an interview with Bitcoin.com News, Lueth also shared his thoughts about the multichain metaverse as well as his organization’s plans to create a metaverse super app. Below are the rest of the Upland Metaverse co-founder’s responses.
Bitcoin.com News (BCN): Neal Stephenson, who is said to have coined the term “metaverse” is known to advocate for a free and open metaverse. However, some say that tech giants are also working on their own metaverse projects that could potentially lead to them colonizing the metaverse and building walled gardens similar to the current Web2. Do you think the metaverse will eventually be controlled by a small number of centralized entities?
Dirk Lueth (DL): We don’t have all the details of how the big tech giants will build their metaverse projects and if they will lock their users into walled gardens. I believe that walled garden systems are not sustainable over time and that the power of the people, in combination with property rights, will be much stronger over time. This is also, by the way, why I co-founded, together with other decentralized projects, the open metaverse alliance for web3 (OM3). Instead of locking users in, we want to ensure that there is a future where they are free to move between platforms and can easily take their assets and identity with them.
BCN: The blockchain industry is multichain, and users would expect to have the freedom to move their assets to whatever chain they want. Do you think a multichain metaverse is a real possibility?
DL: Technically multi-chain standards could be possible already today. You can have some assets on one blockchain and other assets on another. What is more…
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