Sublime

Digital real estate has always had value. What’s different about web3 is that digital asset paradigms like non-fungible tokens (NFTs) make it possible for individuals to uniquely own – not just rent – specific pieces of digital real estate and metaverse land and locations for private or shared use. Blockchains, a core web3 technol

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Web3 creates tools and new digital realities where this becomes practical.

Digital Object Applications

For the first time in human history, blockchains empower any digital object to enjoy the properties of verifiable scarcity, durability, divisibility, and globally networked markets.

As a result, these internet-optimized objects now have the same or greater potential to become globally networked as a (1) product/service; o... See more

Jesse: Tim Sweeney, the founder of Epic Games, is on record talking about the metaverse as something that can only exist once you have a truly digitally native property rights system. Blockchains are exactly that.

The Metaverse is just that process taken one step further. The more fun or useful stuff you can do in VR — games, business meetings, vacations, hangouts — the less you’ll have to suck up physical resources to do it in meatspace. The more you can transform your subjective world by overlaying it with AR, the less you’ll have to suck up resources tran... See more

One digital world, Upland, recreates the real world and auctioned off Trump Tower to the highest bidder.

Anyone who hasn’t stepped foot in one of these festivals might think “there’s no scarcity in digital art because you can right click save the jpeg.” But what the right clickers don’t get, is that this will be both technically and socially impossible in the metaverse, where digital art, avatars, land, etc. are all seamlessly tied to blockchain recei... See more