HomeCryptoNewsLAMINA1; Science Fiction Writer Neal Stephenson to Bring Metaverse into Reality

LAMINA1; Science Fiction Writer Neal Stephenson to Bring Metaverse into Reality

Neal Town Stephenson, visionary science-fiction author, has joined forces with crypto OG, Peter Vessenes, to create their own metaverse-focused blockchain dubbed, “LAMINA1”.

Father of the term, ‘Metaverse’, Stephenson, introduced the concept of virtual reality in his sci-fi novel, ‘Snow Crash’, in the year 1992. Decades later, he is all geared up to roll out his vision to materiality. In order to fulfill his dream into reality, Stephenson, has partnered with cryptocurrency pioneer, Peter Vessenes. The duo announced a new layer-1 blockchain technology designed for the Metaverse with Web3 principles in mind.

LAMINA1 – From A Dream To Reality

LAMINA1; Science Fiction Writer Neal Stephenson to Bring Metaverse into Reality

According to the official blog post, LAMINA1 will serve as the base layer for the Open Metaverse. The layer-1 blockchain tenders a more modern and integrated Web3 ecosystem as the first building block for an Open Metaverse. The provably carbon negative Lamina1 chain will offer high transaction volume and an economic design with new incentive mechanisms to help create diverse economies for creators and entrepreneurs.

Stephenson believes that the burgeoning space of metaverse catalyzed his desire to bring his 30 years’ old version of the virtual reality to life. He emphasized that the primary objective of LAMINA1 will be to provide a strong base layer of open source tech that provides key services to creators while making sure that they get paid. Stephenson said,

“The 30th anniversary of Snow Crash, and recent interest in actually building the Metaverse, has got me thinking about how to do it in a way that’s true to the original concept. We’ll build first-and second-party experiences just to make sure it all works. But we’ll know we’ve succeeded when Lamina1 is adopted by third-party creators.”

The LAMINA1 founding team will be joined by several experts in the virtual world including Tony Parisi, the inventor of VRML (the original standard for 3D graphics on the web) and Rony Abovitz, founder of Magic Leap, one of the leading AR/VR platforms.

A True Meeting Of The Minds

LAMINA1; Science Fiction Writer Neal Stephenson to Bring Metaverse into Reality

The initial round of investors will include Geoff Entress, MD and Co-Founder of PSL, Reid Garrett Hoffman, American venture capitalist, Bing Gordon, technology VC, Wu Ying, formerly the sixth-richest woman in China, Matthew Roszak, blockchain investor and Peter Vessenes, among many others.

Vessenes expressed that the collaboration with Stephenson on LAMINA1 as, “a true meeting of the minds”. He stated that there cannot be a better way to honor Snow Crash’s 30th anniversary than by co-founding Lamina1. Vessenes went on to add,

“As an active investor and cryptographer, I have a list of the technology, economic and social innovations I’d like to see in a Layer-1 chain, so being able to team up with Neal and his personality, wisdom, and vision was compelling enough that it brought me out of retirement.”

Subhasish is interested in all things crypto and finance. He switched from marketing to become a writer driven by the need to make sense of the dynamic market. He primarily focuses on on-chain data of Bitcoin, Ethereum, and the macroeconomic effects of crypto. Rock n’ Roll flows through these veins.
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