Famous NFT collector Punk6529 unveiled an ambitious open Metaverse project—a museum district—that will display the most high-end NFT arts.
Back in October 2021, NFT collector Punk6529 talked about an ambitious project—building an Open Metaverse (OM) as part of an effort to “make a run at changing the arc of history.”
Today, in a lengthy Twitter thread, Punk6529 said that he is launching the first district of this OM after almost eight months of work, albeit in the alpha stage. The first district will be called the “6529 Museum District,” while the first city will be called “Genesis City.”
The Open Metaverse Concept
Punk6529’s ambitious OM project is self-funded. Its goal is a decentralized open platform that can scale to 100 million users. The OM will be built and shared by the community, which, in the broader vision, will have ten self-governing cities that have a maximum population of 10 million each. Each city will have “hundreds of districts, with towns, villages, and nature in between,” Punk6529 said in one of the tweets.
As mentioned earlier, the first city is Genesis City. The Genesis City is home to the 6529 Museum District, launched in alpha mode earlier today. Punk6529 told his over 320,000 Twitter followers that the museum might be housing “the most high-end art NFTs ever displayed in one place.”
6529 Museum District
In a promotional video for OM, users will see a long list of NFTs from well-known projects like CryptoPunks, Bored Ape Yacht Club, Tyler Hobbs’ Fidenza collection, and Art Blocks.
Currently, about 2,000 NFTs are on display at the 6529 Museum District. These NFT arts belong to Punk6529 and the OM project’s team members. Still, new users are encouraged to “load” their NFTs into OM’s galleries.
And before anyone thinks Punk6529 is profiting from this endeavor, he clarifies that the project is not after generating crowd funding or charging fees from users at this stage. At this point, the team behind the project is just looking to deliver a working product before they decide to scale up via investment.
Anyone can join and contribute to building the alpha on the premise that their “ideas match” that of 6529 Museum District.
“I do not want your ETH. I want your input on how to design OM. I collect in public, I invest in public, and we are going to build OM in public together,” Punk6529 said in a tweet.
“The fundamental governance model of OM is at the district level: Districts can either be ‘developed’ or ‘open.’ 6529 is going to develop the 6529 Museum District, for example. Others can develop others. Others can be free-for-all experimental spaces,” he added.
When talking about the OM’s scale, Punk6529 said there are 25 active buildings in the center square of the museum district. Two thousand other buildings are waiting to be activated.
“Each building can host between 1 to 100 spaces, so this district type can easily host 100,000 citizens,” Punk6529 said.
Punk6529’s vision for the OM includes not having “one party in charge. A Metaverse where you don’t have to worry who is the shareholder and do you agree with them?”
“This is not so shocking; humans have accomplished this before. There is not one human being in charge of: email, or HTML or TCP/IP or Bitcoin or ERC-721,” he continued.
Eventually, when the time comes to start charging for the OM, Punk6529 notest that fees will have to be affordable and user-friendly. It must provide a bridge to the real world in the hopes of scaling beyond “ETH/crypto degens” if the project wants to grow and attract a mainstream audience.
If everything goes according to plan, Punk6529 hopes to see the OM transition into public beta by June or July. The team hopes that if it attracts enough users and provides the technology, it can support further development and large spaces.
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