– In this video, we’regonna be diving deep into one of the most ambitious projects 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 called 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 includes these things. Right now the price of a Nanoverse pass is pretty much 1.5 Eth, and then they have been givingout really interesting honours from whitelist distinguishes to the shards, which we’ll talk about later.And they too sacrificed away a lot of free NFTs that have increased in value over occasion. Definitely worth it 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 world, 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 recognizes, 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 company from Nanopass to Nanoverse to clarify to everybody like, hey, we’re not just one projection, 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 guy, 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 dish, 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 spoke 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 image chart assignment, and it’s gonna be a 3D avatar projection. So obviously, for Nanoverse, they’re really touching that YFU anime style kinda vibe, right? And of course, there’s a really big busines of parties that really like this stuff and are willing to pay alot of coin for it as well. And for the actual images or how these avatars will gape, there’s only a duo teasers out, but I don’t think that really represents what they’re building because from my understanding, they’re gonna be construct like 3D avatars that you can use in different metaverses that support those specific files. But the really interesting thing that they’re building on top of that is they’re building artificial intelligence.So when I firstly learned 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 era goes on, as NFTs become more popular, people are gonna spenda lot more time at home living in the metaverse, or we’re all really kinda doing it already by spending a lot of our hours and daytimes in front of a computer. So the thesis is, beings get lonely in frontof a computer all day, right? They need some companionship.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 established 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 attendant, so that when “youre talking to” it, it helps you out in your everyday life. You’re not just telling it what to do, but it’s actually likea friend, in a certain sense. And I know that soundskinda weird at first, but we’ve seen a lot ofdifferent movies out there where they set up an AI thathelps you out in their own lives. 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 nature, then the tract that theysold you in the start, that’s kinda like yourplace where you hang out. Then the PFP project, that’s a 3D kinda mannequin, can live in that 3D room and you can hang out with it, drill it to do different substance, 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 ideas of shards. So basically, theNanopasses that you get can haphazardly give you shards every week, or I forgot how often it is. And then you make 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 beings 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 aspects, gameify points intoartificial intelligence. From the AMA that I ascertained, they’re really hiring like top tier parties from big companies tohelp work on Nanoverse, and the government has like 30 both the employees and thriving. 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 firebrands or programmes aredoing that YFU meta as well, a lot of these projects, they’re just gonna come and go, they’re not really gonnaput in the resources to fix something last 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 put-on 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 do one illustration chart. Why are they doing anotherone at the same time? It voices a little cash grabby, right? Basically, from myunderstanding, it’s kinda like, if you think of Nanoverse as a world, similar to how Marvel orDC has their own universe, you can have Spiderman, you are eligible to have Ironman, you are eligible to 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 material like that.And so Nanoverse is trying tobuild this entire ecosystem where it’s not just likeone picture profile, but they have multipledifferent symbols that maybe can interact witheach other in the future. Now there’s not a lotof information available on this online, a lot of it’s just like me conjecturing or me like listening to an interrogation 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 argument is that if youkinda divide your resources into multiple NFT projects, can you really focus onmaking each one of them great? It’s gonna be a question ofwhat governors they have in place, how much asset do they have, how much fund 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 engineering, let’s say, artificialintelligence for one activity, they can literally simply copythat over to another projection. And so when one campaign the potential benefits of like a engineering 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 experience, unquestionably, they do have a shot. But again, it’s kinda like a startup, so you emphatically take a risk when you invest into these projects. But it’s quite an interesting concept.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 simply has spoken about. And this other make who used to be a developer at Kaiju Kings and they started thiscompany together, I accept. Well, essentially, there’s this niche, if you weren’t already 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 marry times. So mechanical keyboards, it’s kinda like insteadof using like birthing 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 several 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 are unable literally use one at a time.But it’s more like a collector’s item and there’s a whole event 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 local communities. Why this is a smart marketing play is because they’re tappinginto a starving busines that’s willing to invest alot of fund on keyboards.And now they’re ableto get it on 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 more, but you can use those tokensto buy physical keyboards that they will be seeing in real world. Who will they partner with and how they will make this keyboard, they haven’t announced that yet, but then that’s essentially the sit. It’s kinda like, what the hell is it look like if a mechanical keyboardcompany caused an NFT? And this is exactly what you get. So I think they do a goodjob with how it seems, how it feels, and they just kinda replicatethe success the government has with their other past jobs and repetition it intothis particular niche.I think it’s something that can do well because there’s a starving market for it, there’s not a lot of contestants. Actually, there’s no … I can’t think of a singlecompetitor right now who’s representing NFT keyboards. So surely a projectto keep on your radar. Then the last company, we’re talking about a lot of fellowships within one company, right? The last thing we’re gonna talk about is going to be thisthing announced Oxygen Labs, which, essentially, iskinda like NFT launchpad. The theory of Oxygen Lab is essentially like if Nanoverse is buildingthis whole universe, the action you increasethe value of each NFT, part of this ecosystemis to provide a stage for other inventors to build now. So if they’re like, hey, we’re going to give youX quantity of funding, if you construct 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 only that, your project’sgonna increase in value, and by you coming into our ecosystem, our ecosystem also increases in value. So if you can see like over hour, if more and more projectswanna be part of this ecosystem and the launchpad is really good and they certainly give youthe funding or the marketing or advising services that are able to 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 obviously has possible. And so overall, when I kinda look at thiswhole Nanoverse ecosystem, for me, I visualize the founder, Rei, is pretty smart in terms of like sell and hiring top rank geniu, building out different brands, determining inventors to partner with to build these firebrands, right? And so I would say like, that is a pro in that theycan bring a lot of people 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 era, I wonder how their resourcesare being waste, right? Like if one designer isworking on a certain project, then they don’t have the hoursto spend on another job, then who’s doing that, right? They got to hire all persons. I think it genuinely comes down to leadership in like asset in thehuman capital management, like control parties, earmarking the privilege fundsinto the right places to create value.Outside seeming in, we don’t really have a fullscope of what that looks like because they are a private corporation, but overall, if they pull it off, it’s gonna be something really cool. The prowes looks pretty good, still further, 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” pretty glad with their experience overall. So overall, I’m somewhat buoyant, and I’m roused 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 objective ).