– In this video, we’regonna be diving penetrating into one of the most ambitious activities I’m seeing in the NFT space, and that is the Nanoverse. So right off the at-bat, in my previous videos, maybe a couple months ago, I talked about thisproject announced Nanopass. Essentially, it’s kindalike this land style NFT where you buy a piece of land and then like everyweek or every so often, they’re gonna give you random prizes for whoever remains these things. Right now the cost of a Nanoverse pass is pretty much 1.5 Eth, and then they have been givingout really interesting rewards from whitelist recognizes to the shards, which we’ll talk about last-minute. And they also handed away a good deal of free NFTs that have increased in value over era. Unquestionably worth noting in somecapacity if you’re into that. But what I wanna talk about is Nanopass is really justone of the projects that really was the grain togrow this entire universe, and that’s what we’re gonnabe talking about today.And for these specific projectswe are talking about today, we are really offered ourcommunity some whitelist places, so if you wanna check that out or get other whitelist opportunities, make sure to join The Parallax Discord. So the first thing we gotta do is, we gotta cover who is behind Nanopass and this whole universe, right? And they rebranded their fellowship from Nanopass to Nanoverse to clarify to everybody like, hey, we’re not just one job, we’re going to be a whole universe and ecosystem of project.And so the mastermindor psyche behind all this is going to be this person, Rei, which is a Nanoverse dev. And he’s the founder ofpretty much all these projects we’re gonna talk about today. It’s gonna be Nanoverse HQ, Project PXN, NFTY Keys, and Oxygen Lab. So they got a lot on their layer, they’re trying to do alot at the same time. So we’re gonna diveinto each one of these, what are the pros, what arethe cons, what are the risks.So we talked about Nanopass already. So what’s the phase twoof this entire operation? And listening to themost recent AMA with Rei, the next stage of Nanopass is to do a paint sketch activity, and it’s gonna be a 3D avatar projection. So patently, for Nanoverse, they’re really reaching that YFU anime style kinda vibe, right? And of course, there’s a really big market of beings that really like this stuff and are willing to pay alot of money for it as well.And for the actual idols or how these avatars will glance, there’s only a couple teasers out, but I don’t think that really represents what they’re building because from my understanding, they’re gonna be build like 3D avatars that you can use in different metaverses that support those specific data. But the really interesting thing that they’re building on top of that is they’re building neural networks. So when I first was informed about it, I was like, okay, that’s kinda weird. Why would an NFT project do AI, right? It sounds very complicated. And actually, it isvery complicated, right? So the thesis that they have, and this is just me kindasummarizing what they said, and I could be totally wrong, Rei said that, as age goes on, as NFTs become more popular, beings are gonna spenda lot more time at home living in the metaverse, or we’re all really kinda doing it previously by spending a lot of our hours and epoches in front of a computer.So the thesis is, parties get lonely in frontof a computer all day, right? They need some friendship. Not everybody has a lot offriends they can talk to. And so this AI that they’re building, it’s kinda like a virtualassistant like Siri, but they’re trying to buildso much more on top of that. So like with Siri, you can tell it to do thingslike laid an alarm clock, remind me to do this thing at this time, send a text message back, right? It’s kinda like if X, then do Y. So what they’re trying to do is, they’re trying to train this AI to be more like a comrade, so that when “youre talking to” it, it helps you out in your everyday life. You’re not just telling it “what were doing”, but it’s actually likea assistant, in a sense.And I know that soundskinda weird at first, but we’ve seen a great deal ofdifferent movies out there where they set up an AI thathelps you out in your life. Kinda like, if you’veever toy Halo before, there’s like an AI helping outMaster Chief doing his thing. So if you think about likelong-term vision wise, if Nanoverse is building a world, then the estate that theysold you in the beginning, that’s kinda like yourplace where you hang out.Then the PFP project, that’s a 3D kinda pattern, can live in that 3D cavity and you can hang out with it, study it to do different material, and it gets smarter and smarter and becomes a companion, right? And so it’s kinda like buildinglayers on top of each other. And then who knows in thefuture what’s gonna happen next? Another interesting dynamicof this whole thing is that there’s these the notions of shards. So virtually, theNanopasses that you get can arbitrarily give you shards every week, or I forgot how often it is. And then you take those shards and then you give it to your 3D avatar and then you level it up and you make it smarter. Instead of just like allowing parties to get the full accessto the entire thing, you kinda had to level up your NFT and then that also increasesthe value of the NFT. So it’s a very interesting game mechanic of like feeing NFT ingredients, gameify points intoartificial intelligence. From the AMA that I ensure, they’re really hiring like top tier beings from big companies tohelp work on Nanoverse, and they have like 30 employees and growing.And so they have a lot of funding to like make this all happen. So it’s really interestingto see what they’re doing. And if you kinda comparethat to, let’s say, other brands or projects aredoing that YFU meta as well, a lot of these projects, they’re just gonna come and proceed, they’re not really gonnaput in the resources to shape something last-place a long time. Just from the servicelevel and my understanding, it seems like Nanoverse is really trying to build a long-term brand. So next thing we’re gonna window-dressing is gonna be Phantom Network, also known as Project PXN on Twitter. And so when I first sawthis, I was thinking like, they’re already doing one illustrate profile. Why are they doing anotherone at the same time? It sounds a little cash grabby, right? Basically, from myunderstanding, it’s kinda like, if you think of Nanoverse as a cosmo, same to how Marvel orDC has their own universe, you can have Spiderman, you can have Ironman, you can have Dr.Strange, right? And they could all exist at the same time and build their own IPs, and they can all come togetherfor certain special movies like “The Avengers” and trash like that. And so Nanoverse is trying tobuild this entire ecosystem where it’s not just likeone picture profile, but they have multipledifferent labels that maybe can interact witheach other in the future.Now there’s not a lotof information available on this online, a great deal of it’s just like me speculating or me like listening to an interview and kinda sharing what I learned. But if they do pull this off, it’s quite unique because they’ll be permitted to the Marvel, but for NFTs in the animeYFU kinda space, right? And I think there is a space for that.To is equitable, though, the reason is that if youkinda segment your resources into multiple NFT projects, can you really focus onmaking each one of them huge? It’s gonna be a question ofwhat rulers they have in place, how much source do they have, how much funding that they have to build all these thingsout at the same time. So that remains to be seen. But the good part is thatif they build technology, let’s say, artificialintelligence for one assignment, they are unable literally just copythat over to another job. And so when one activity the potential benefits of like a technology breakthrough, all their projects canbenefit in this way. So I think if they tie it all together and make all thesethings talk to each other and increase the valueof each asset over era, emphatically, they do have a shot. But again, it’s kinda like a startup, so you unquestionably take a risk when you invest into these projects. But it’s quite an interesting conception. Under the Nanoverse ecosystem, it’s gonna be thisproject announced NFT Keys, and it was started by Rei who started all those other projects that I precisely talked about.And this other developer who used to be a developer at Kaiju Kings and they started thiscompany together, I speculate. Well, basically, there’s this niche, if you weren’t once familiar with it, it’s like mechanical keyboards. For me, I have a mechanicalkeyboard as well. It’s a really popular niche. Like it’s growing in size very fast over the past like couple years.So mechanical keyboards, it’s kinda like insteadof using like accepting and not so good keyboards that you get when you buy a computer. Why not customize it and deck it out? And so there are people who are spending hundreds of dollars, even thousands of dollars to build these mechanical keyboards. And not only that, but they will collect a bunchof mechanical keyboards. Parties might have like1 0 mechanical keyboards and each one will cost like 500 to $1,000. Obviously, you can’tuse all these keyboards at the same time, you can only literally use one at a time. But it’s more like a collector’s item and there’s a whole know-how in type. So what they’ve done is, they marked this niche, and then they’re goingafter it in the NFT space and they’re gonna create some kinda NFT that represents this community. Why this is a smart marketing play is because they’re tappinginto a hunger busines that’s willing to deplete alot of money on keyboards. And now they’re ableto make love in an NFT way.The interesting part is that when you’re buying these NFTs, they’re gonna have somekind of token mechanic where you can farm clues , not too much information about it hitherto, but you can use those tokensto buy physical keyboards that this is gonna be constructing in real life. Who will they partner with and how they will make this keyboard, they haven’t announced that more, but then that’s essentially the sit. It’s kinda like, what the hell is it was like if a mechanical keyboardcompany appointed an NFT? And this is exactly what you get. So I think they do a goodjob with how it appears, how it feels, and they just kinda replicatethe success they had with their other past projections and replicate it intothis particular niche. I think it’s something that can do well because there’s a starving sell for it, there’s not a good deal of challengers. Actually, there’s no … I can’t think of a singlecompetitor right now who’s moving NFT keyboards.So definitely a projectto keep on your radar. Then the last company, we’re talking about a lot of corporations within one company, right? The last-place thing we’re gonna talk about is going to be thisthing announced Oxygen Labs, which, basically, iskinda like NFT launchpad. The mind of Oxygen Lab is essentially like if Nanoverse is buildingthis whole universe, the nature you increasethe value of each NFT, part of this ecosystemis to provide a programme for other inventors to build here.So if they’re like, hey, we’re going to give youX amount of funding, if you build dream NFT thatyou always wanted to do and somehow that has toplug into what we’re doing, by you creating aproject in our ecosystem, we’re gonna help move you out. Not exclusively that, your project’sgonna increase in value, and by you coming into our ecosystem, our ecosystem also increases in value. So if “youre seeing” like over age, if more and more projectswanna be part of this ecosystem and the launchpad is really good and they really give youthe funding or the marketing or cautioning business that you might want to have a successful NFT project, then I can see this becomingsomething large-scale in future. Now, it is new, and there’s not a lotof projects on this yet, so you can’t say it’s a huge success, but emphatically has potential.And so overall, when I kinda look at thiswhole Nanoverse ecosystem, for me, I fantasize the founder, Rei, is pretty smart in terms of like sell and hiring top rank geniu, house out different symbols, procuring entrepreneurs to partner with to build these labels, right? And so I would say like, that is a pro in that theycan bring a lot of parties in to build something. The only con I would have is like because they’re building somany things at the same time in such a short amount of go, I wonder how their resourcesare being exhaust, right? Like if one technologist isworking on a certain project, then they don’t have the hoursto spend on another projection, then who’s doing that, right? They got to get hire another person.I think it certainly comes down to leadership in like asset in thehuman capital management, like manage beings, apportioning the freedom fundsinto the right places to create value. Outside gaping in, we don’t really have a fullscope of what that looks like because they are a private company, but overall, if they pull it off, it’s gonna be something really cool. The prowes looks pretty good, so far, the utility has been very successful from my understanding of whatpeople say about the project.And I know a few friendsthat have Nanopasses and “theyve been” jolly happy with its own experience overall. So overall, I’m somewhat optimistic, and I’m evoked to seewhat they have in store for the future. So with that said, that’s it for this video. I’ll see you guys in the next one.( “Crane Paradise” Dylan Sitts)( “Crane Paradise” Dylan Sitts aims ).
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