Live Chat

Crypto News

Cryptocurrency News 5 months ago
ENTRESRUARPTDEFRZHHIIT

Ready Player One" Team Joins Forces with Futureverse to Forge a New Metaverse Universe

Algoine News
Summary:
Ready Player One author Ernest Cline and film producer Dan Farah have teamed up with AI and metaverse company Futureverse to establish Readyverse Studios. The company will develop a digital universe, the "Readyverse", featuring interconnected digital experiences. They also announced a partnership with Warner Bros. Discovery to bring the Ready Player One franchise to the metaverse and Web3. Every future intellectual property from Cline will have exclusive Web3 rights retained by Readyverse. The company also plans to uphold the principles of the open metaverse, including decentralization, security, and digital ownership.
Well-known author Ernest Cline, responsible for the novel "Ready Player One", and Dan Farah, the producer behind the film version directed by Steven Spielberg, are collaborating with AI and metaverse firm Futureverse to create a digital realm for Ready Player One. They will join forces with Shara Senderoff and Aaron McDonald from Futureverse to establish Readyverse Studios. The studio will set up a metaverse, the "Readyverse", identified as a series of linked digital experiences. Teaming up with creator and producer of @readyplayerone, they have launched Readyverse Studios to introduce leading intellectual property (IP) and brands into the metaverse, announced Futureverse. @futureverse stated on January 4, 2024, it is an open secret that collaborations with Readyverse Studios and Warner Bros. Discovery will allow the exclusive presentation of the Ready Player One franchise in the metaverse and Web3. Plus, every future IP from Cline will have exclusive Web3 rights preserved by Readyverse. According to Hollywood Reporter, conversation with main intellectual properties holders and studios have already been initiated by Farah, aiming to work out collaborations with Readyverse. Futureverse specified that the Readyverse is developed to uphold features of the open metaverse, including decentralization, community-owned infrastructure, interoperability, provable digital ownership, and security. Notable Web3 entities including Dapper Labs, Decentraland, Animoca Brands, and The Sandbox established the Open Metaverse Alliance in 2022 to secure transparency, inclusiveness, democratization, and decentralization characteristics of the metaverse. The same year, it was criticized that the portrayal of the metaverse through Ready Player One's lens might not be a realistic representation. During Korean Blockchain Week 2022, CEO of Everyrealm, Janine Yorio, argued that many metaverses were being produced for desktops as opposed to virtual reality as depicted in the film, giving a glimpse into the metaverse life, yet setting unrealistic expectations.

Published At

1/5/2024 12:51:26 PM

Disclaimer: Algoine does not endorse any content or product on this page. Readers should conduct their own research before taking any actions related to the asset, company, or any information in this article and assume full responsibility for their decisions. This article should not be considered as investment advice. Our news is prepared with AI support.

Do you suspect this content may be misleading, incomplete, or inappropriate in any way, requiring modification or removal? We appreciate your report.

Report

Fill up form below please

๐Ÿš€ Algoine is in Public Beta! ๐ŸŒ We're working hard to perfect the platform, but please note that unforeseen glitches may arise during the testing stages. Your understanding and patience are appreciated. Explore at your own risk, and thank you for being part of our journey to redefine the Algo-Trading! ๐Ÿ’ก #AlgoineBetaLaunch