Justin Sun: Web3.0 and the Metaverse will assist mankind to enter the online world more comprehensively

August 2-3, the WISE Metaverse x Game Industry Innovation Summit hosted by the famous technology media 36Kr was held in Beijing.Experts in various fields of Web3.0 discuss how to open the "endless future" of mankind's next digital age.

At this summit, as a leader in the field of digital economy, Justin Sun, founder of TRON, was invited to attend the summit and delivered a video speech themed "The Development Direction of the Metaverse from an International Perspective", saying:The universe is one of the future development directions of human beings. It mainly has two key points: one is the physical Internet, such as entering the Internet through virtual people; the second is the Internet of wealth, which brings the entire social accumulation to the Internet through the blockchain.At the same time, he also mentioned that the future metaverse will provide a different opportunity for many developing countries and small and micro countries.

In recent years, the metaverse has been sweeping the world at an incredible rate.At present, the Metaverse has become the hottest track in the investment circle. When various industries begin to discuss what is the mainstream of the next Internet era, "virtual and real symbiosis" has become the consensus of industrial development.

As Justin Sun explained in his keynote speech, the Metaverse is a brand new stage in the development of the Internet, and it is also a stage of integration.Just like the "big bang" produced a point, and then the whole world, the metaverse is actually equivalent to a new big bang in the online world in the future, and many innovations of Web1.0 and Web2.0 are today's Web3.0 and the metaverse laid the foundation.He said that the development of the Metaverse is invariably inseparable from its original roots, and it will always revolve around two points: one is to help our physical body to better surf the Internet, and the other is to help the wealth we have accumulated in the physical body to better surf the Internet.

Through the metaverse technology, exploring human beings' access to the online world more comprehensively has gradually become an important direction of the current metaverse innovation practice.In the process, on a global scale, many Internet giants have deployed the metaverse.Facebook changed its name to "Meta", announcing that it will become a metaverse company within 5 years, and its AR and VR division "Facebook Reality Labs" will continue to invest 10 billion US dollars; Baidu Create2021 will be held in its first metaverse product - "Xiyang"On the day of the press conference, it provided a same-screen interactive platform that can accommodate 100,000 viewers at the same time; ByteDance acquired Pico, a VR manufacturer, and aggressively entered online and offline retail scenarios.

In addition to the construction of some AI, content creation engines, content ecology, network communication technology, and AR/VR ecology, blockchain technology has gradually become one of the important infrastructures for the construction of the Metaverse, and has driven the rapid development of the entire industry.

As a virtual universe, the metaverse can perfectly transplant all activities in people's reality into the digital space, and NFT with blockchain as the underlying technology is undoubtedly the key to entering the metaverse.For example, in social activities, NFT can be identity ID, in financial investment, NFT can be pledged assets, in game entertainment, NFT can be character skin, in art collection, NFT is a digital asset with great wealth effect...…

As one of the three major public chains in the world, TRON is committed to building the next generation of global Internet and financial infrastructure. TRON has been making in-depth layouts in the NFT field.In December 2020, TRON launched the first NFT standard TRC-721.In addition, BTFS, the world's largest distributed storage system born on the TRON network, is also being iteratively updated, providing a strong underlying technical guarantee for the NFTization of traditional art.

In addition, in December 2021, TRON will achieve full decentralization and form TRON DAO, becoming the world's largest decentralized autonomous organization, which also opens up a new governance model that adapts to the future metaverse.Not long ago, the Fed also launched the world's first decentralized hyper-collateralized stablecoin USDD, which provides a stable and secure medium of exchange for the value circulation of the metaverse.

Today, there are more than 100 million users on the TRON chain, and the number of transactions has exceeded 3.6 billion times, building a complete blockchain ecosystem, which also builds a bridge from the real universe to the metaverse.As Justin Sun said, it is hoped that TRON can provide a very reliable blockchain infrastructure for the Metaverse.