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Are you ready for the next generation of the metaverse? Here comes Your Open Metaverse (YOM), a decentralized and open-source platform that enables creators to build and host their own interoperable web3 content. Join us as we review the future of the metaverse with Your Open Metaverse – YOM.
YOM is a revolutionary metaverse that is fully open and distributed, utilizing peer-to-peer technology. It empowers creators to design and host their own customized and interoperable Web3 content on their own website and channels.
YOM provides the tools and infrastructure that allows you to (1) craft and control your own custom web3 metaverse from your site, to anyone on any device and (2) collect token rewards by allocating the resources of your gaming machine to the network.
This review of Your Open Metaverse – YOM was created for informational purposes. This article is not intended for promotion.
Your Open Metaverse (YOM) wants to enable a world where everyone has the ability to connect and contribute to a global metaverse community, unlocking endless possibilities for exploration, socialization, and creativity.
“The North Star, as seen through the vision of YOM, is a call to build a new reality that is created by artists, rendered by gamers, and governed by everyone. It is a vision for a metaverse that is sustainable and fair, where everyone has equal opportunities to explore a global market of virtualized experiences and products.”
Your Open Metaverse was founded in 2018 by Daniël van der Waals, who has previously worked in multiple digital agencies. Jorrit Velzeboer is the CTO of Your Open Metaverse, also the co-founder and has +10 years of experience in software development. Alex van der Baan is the co-founder and managing director of the company; he is experienced in business development and project management.
Roadmap Your Open Metaverse – YOM
YOM is working towards developing a scalable and cost-effective peer-to-peer infrastructure for the metaverse, providing creators with easy-to-use tools to design and launch their own metaverses. The infrastructure is optimized for quality, performance, and flexibility and is seamlessly connected to websites, storefronts, and real-time data, enabling creators to leverage existing web assets to build immersive and engaging virtual experiences.
YOM created custom virtual experiences for parties such as GlaxoSmithKline, TEDx and the Dutch Government think tank Rathenau Institute. The market insights and revenues of these projects were leveraged into b2b platform development.
YOM distinguishes between Layer 1 and Layer 2 metaverse projects based on their focus. Layer 1 metaverses provide the infrastructure for the metaverse, while Layer 2 metaverses focus on creating engaging virtual experiences but may lack scalable infrastructure. YOM aims to provide a scalable and efficient infrastructure that empowers creators to build unique experiences and enables interoperability across the wider metaverse ecosystem.
YOM, which is used to power its infrastructure and enables creators to monetize their metaverses represents the right to render the metaverse for a single user for a full day and creates an efficient market for traders and liquidity pools. This approach ensures that the YOM ecosystem remains decentralized and sustainable while also providing opportunities for growth and innovation.
YOM has developed a layer on top of the Metaplex SDK for Solana, which is the non-fungible token standard across all YOM experiences. This NFT protocol also works on all Metaplex-based marketplaces within the broader Solana ecosystem. By utilizing NFTs, YOM enables creators to create unique and valuable virtual assets and experiences that can be traded on open marketplaces.
“YOM does not represent any shareholding or participation in any company or undertaking, nor does it entitle holders to any promise of fees, dividends, revenue, profits, or investment returns.”
The unsold strategic and private tokens will be burned; unsold public tokens will be repurchased.
For all transactions taking place on the marketplace, a 2.5% commission is returned to YOM so that it can expand and build the ecosystem.
To cover the expenses of hosting, there are two options available for users: sending tokens to your escrow account or using regular invoicing. The amount of $YOM required to run your metaverse depends on its quality and begins at $0.32 per user per hour. Following the release of the peer-to-peer infrastructure update, the prices will decrease even further.
To create an item, the following steps are required
To create an item, the following steps are required
To create a metaspace, the following steps can be taken.
The YOM token sale is scheduled for March 13th and can be bought on MEXC Global.
YOM’s goal of providing a low-cost, peer-to-peer cloud infrastructure and SDK for Unreal Engine 5 to enable creators to easily craft and deploy custom metaverse experiences is promising. By incentivizing gamers to allocate resources to render metaspaces, YOM creates an efficient market for metaverse rendering power, which is a novel approach. Overall, the success of YOM as a token and infrastructure builder for the metaverse will depend on its ability to attract a strong user base and its success will ultimately depend on how many agencies and creators are attracted to the platform.
YOM is a decentralized and open-source metaverse platform that allows creators to build and host their own interoperable web3 content. It provides a peer-to-peer infrastructure and rewards gamers for rendering metaspaces using YOM tokens, which converge to a price based on GPU power. YOM aims to solve interoperability challenges and provide a low-cost solution for accessing new markets with better tools.
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