John McCarthy, chief marketing officer of Blin Metaverse, told Cointelegraph China at a Hub interview on Aug. 26 that Blin Metaverse, a decentralized comprehensive nonfungible token infrastructure based on the Binance Smart Chain, believes the future of the metaverse can be condensed into a formula. 

This formula of the metaverse would consist of elements such as creation, play, display, social and trade. He added that: 

“These are the ultimate goals that our project will achieve. At present, all kinds of NFT decentralized applications are floundering in similarity, fragmentation and independence.”

McCarthy told Cointelegraph China that the project plans to build an NFT full scene application ecological platform covering encrypted games, digital artworks, collections, virtual world, sports competition, digitization of physical assets and so on. It would also build on infrastructure, including an NFT store, decentralized exchanges, liquidity supply proof, token incentive module and developers’ protocol.

Blin Metaverse would assist ecological developers to participate in ecological construction, explore the real multi-element NFT metaverse world with users, facilitate the integration of the metaverse and NFTfi, as well as build a collider-level application of the real world and metaverse.

McCarthy believes the metaverse market is not very mature at present, but thanks to the influence of some games and the subdivided tracks in the metaverse market, it is one of the reasons why people want to join the industry. Moreover, the gradual maturity of the blockchain and NFT market is also a key factor to promote the development of the metaverse.

From a technical point of view, both blockchain and NFT technology are very important infrastructures for the development of the metaverse. Blockchain technology connects the real world and the virtual world. McCarthy emphasized that the metaverse is also a key link between virtual reality and reality.

According to McCarthy, although the project was built on the BSC, it will not limit itself from deploying it to other protocols. He explained: 

“We will also choose other public chains, such as deployment on Ethereum. As we all know, games are the foundation of our company and the trump card of our project. Game finance is what we are really good at, and NFT is one of our infrastructures.”

McCarthy revealed that the project will not just be positioned on the traditional game track. Compared with other peers, the team is thinking one step ahead to also position Blin in other sectors, such as the internet track, social e-commerce and traditional culture market.

Blin Metaverse’s version 1.0 protocol is under intensive development and will be completed soon. At present, it has also launched the pledge airdrop activity, which can be used by users to pledge the specified assets to obtain an NFT blind box airdrop.

Many well-known traditional intellectual properties around the world have contacted Blin through the official website to reach strategic cooperation, including the world’s largest Victoria and Albert Museum, Dunhuang Zen painting school, top gaming companies and audio-visual culture alliance, among others.

Blin is also in contact with leading American film and television as well as global luxury IPs for more partnerships in the future, said McCarthy.

Blin Metaverse’s vision is to become a real infrastructure of the metaverse. After the developer general protocol is launched, any user and industry developer will be able to become an ecological builder through “building your empire” to expand the Blin Metaverse ecological territory, establish a strong community consensus through the modular incentive mechanism, and form a perfect practice of a new generation of innovative blockchain technology enabled by NFTs, decentralized finance and internet-sharing industry.