ComingChat a trusted social-economic metaverse

<aside> 📖 Abstract

The development of humans will be divided into two trends: broad, that is, exploring the universe; internal, that is, toward the virtual. The Internet is about to undergo the next wave of upgrades, and we are welcoming the era of metaverse. We think that the metaverse refers to the universe. The virtual world also refers to the entire Internet, including the entire scope of enhanced actual combat. The ultimate vision of connecting the physical world and the digital world is still in the future.

ComingChat's commission is to build the metaverse of the entire ecosystem. On the one hand, ComingChat, based on the economic structure of Bitcoin, enables a simple, secure and private global payment and financial infrastructure, and at the same time, it provides support to billions of people around the world. On the other hand, ComingChat strengthens the interaction system between the Internet and reality, uses CID as the user's digital identity, building a programmable identity system, and thus becomes the portal to the Web3.0 era. ComingChat provides unprecedented interoperability with a unified digital identity, and brings the new metaverse concept of "Simple Payment + Global Privacy Communication".

</aside>

Content

1. Inspiration


A. Metaverse

Metaverse is a new type of Internet application and social form that integrates multiple new technologies. It provides an immersive experience based on extended reality technology, generates a mirror image of the real world based on digital twin technology, and builds an economic system based on blockchain technology. , The virtual world and the real world are closely integrated in the economic system, social system, and identity system, and each user is allowed to carry out content production and world editing.

Through the construction of the metaverse, the information of the real world will be greatly supplemented by the virtual world, and the way of interaction between humans and the virtual world will be brand-newly improved. On this basis, a business model full of imagination will be born. There will be qualitative changes in games, socialization, entertainment, consumption and so on.

a. Metaverse reshapes the digital economy system

With the changes of the Internet, human-computer interaction will infinitely approach or even exceed the interaction experience between people. Massive digital assets will be created and traded. With the digital migration of labor and decentralized digital asset transactions based on blockchain, the digital world may become a more open and unlimited world.

b. Metaverse needs a decentralized identity system

The metaverse must provide unprecedented interoperability, and users can use a unified identity in the metaverse. At the same time, the metaverse is not only a parallel universe constructed by mapping the real world, but also a surreal universe that merges reality and virtuality. The immersive social system and social form brought by a unified identity are the expansion of the dimension of human existence.

B. Why Metaverse Matters?

a. The current Internet structure is moving towards Web3.0

Whether in terms of content, propagation, interaction, participation and interactivity, Web3.0 brings breakthroughs in the Internet structure and promotes the development of the Internet into an iteration of the metaverse.

The development of the Internet has evolved from Web1.0 to Web2.0, and then to Web3.0. Web1.0 is read-only, and the structure of Web2.0 is applicable to all kinds of popular applications on the Internet today; all user data is hosted on a central server, and personal data is controlled by the person operating the digital platform, and the user cannot control their data and assets. Web3.0 represents a new vision and focus: from centralized and unified management applications to applications built on centralized protocols, it ensures that all users' data ownership and control rights are decentralized. The decentralized and distributed network structure of Web3.0 uses smart contracts to define application logic and deploy them on decentralized state machines to guarantee trust, enhance privacy, increase transparency, eliminate intermediaries, and promote data ownership and digital identity. The architecture of Web3.0 has far exceeded the Internet functions running on the decentralized layer.

This is exactly the metaverse that ComingChat is building to realize a stable and secure decentralized network structure and provide various innovative functions.

b. User demand for social networks is shifting to the pursuit of a more open and editable world

The high degree of integration between the virtual world and the real world brought about by the metaverse can further improve the efficiency of social operations, or will profoundly change the way humans interact in all walks of life.

In today's Internet era, the winner takes all, leading to absolute dominance of its social network, and there is no way to avoid the uncertainty in the social network. Centralized social software and media manipulation issues are catalysts for reassessing how we design social networks.

The open protocol brought by the metaverse has enabled mankind to walk out of the closed system. People's pursuit of digital personality and asset protection brings people's demand for identity. Thanks to the high immersion of digital identities in metaverse, users can generate strong and effective connections through content production, content consumption and other behaviors, forming a new social networks.

ComingChat starts with the construction of the decentralized identity of the metaverse, flattening the roles in the real world, and truly realizes a decentralized account system through the world's only digital identity CID, so that there will be a qualitative change in benefits for those who are truly in the metaverse social network. Since the data is open source, based on the existing account system, other developers can build new social networks at any time, which will activate competition in social networks and break the monopoly of data.

c. Real capital is unlocking the potential of digital assets

The metaverse built on the blockchain makes ordinary users become the proletariat in the digital age, eliminating the possibility of monopolistic violence and monopoly currency economy. The fuzzy boundaries of production relations and productivity covered therein will shield the exploitation of real capital.

In the era of digital economy, people's time and energy will migrate from the physical world to the digital world. In the future, people's work and life will continue to be digitized. The ultimate form of the metaverse is the combination of technology and humanity, the gift of technology to human experience and efficiency, and the reshaping of the economy and society by technology.

The widespread online of digital assets has formed a recyclable internal ecology within the metaverse. Blockchain technology has the characteristics of openness, transparency, non-tampering, collective maintenance, etc., which makes the emergence of digital currency to prevent the birth of a monopoly economic system in the metaverse.

ComingChat applies BTC technology to establish a simple global payment system and financial infrastructure in Metaverse, creating the first application linked to Bitcoin and serving the public, helping more people to obtain free and equal financial services.

d. New technologies are in need of new products

Metaverse feeds back the virtual world to the senses in the real world through emerging technologies such as AR, VR, and gets rid of the sense of time and space in the physical sense.

Based on the application of various technologies, the superposition of the metaverse and the real physical world can produce a large number of virtual and real replacement, fusion, and superimposition scenarios. The birth of the metaverse has promoted the overwhelming imagination of a variety of new technologies.

ComingChat not only realizes the expansion of human consciousness from the real world to the virtual world, but also realizes the expansion of the biological dimension of human beings from the real senses to the virtual senses. The ecological environment of users in metaverse will be more integrated.

2. Core Driving Force