Why Filecoin Layer2 An Important Infrastructure of Metaverse?
First of all, the back-end infrastructure of Metaverse cannot rely on traditional cloud computing. For the time being, over 90% of the world’s large game companies are supported by the cloud hosting of Amazon, the leading corporation of global cloud service providers. However, this kind of model is just the initial stage of the Metaverse. Though many Gamefi companies built their computing and storage layers on a centralized cloud computing architecture and only deployed game tokens on public chains, such a mode is only feasible at the current stage. In the end, all Metaverse projects will be based on distributed storage and computing architecture.
The back-end infrastructure factors required by Metaverse include communication equipment vendors, communication operators, central switches & IoT modules & optical communications, computing power, algorithms, IDC, etc. The combination of these resources in the manner of blockchain incentivized crowdsourcing has brought about some very unique projects, such as HNT. As to the ones most likely to compete for the largest ecological bottom layer of Metaverse Infrastructure, that comes first on the list must be Filecoin, which currently has at least 14EB of storage capacity resources contributed by storage providers all over the world.
Metaverse is a persistently online network of interconnected, experiential, 3D virtual worlds where people from anywhere can meet and socialize in real-time, forming a user-owned economy that spans the digital and physical worlds. The reason why Web2.0 is not a good choice for Metaverse lies in its deficiency in the persistence layer. That is, we will not be able to build a true Metaverse ecology based on a Web 2.0 network that cannot save a persistent state of HTTP. The Facebook (now called Meta) architecture is still web2.0. Although its elements of VR and AR and various immersive experiences are particularly emphasized, its architecture decides that it cannot even tend the soil for a real self-organized virtual economy of the Metaverse.
Metaverse does not belong to a certain company, but the community. Only the autonomous DAC or DAO architecture agrees with the organizational structure of Metaverse. The idea of Meta is a bit inconsistent with this concept. Perhaps the big voice owned by “Facebook” in business is so powerful that it can easily lead to extreme monopoly thinking. In the era of Web3.0, whether the control of the network is in large companies or the community, there will be a fierce competition without blood.
The biggest difference between Web2.0 and Web3.0 is that the former is closed and the latter is open. If the Metaverse ecology is based on Web3.0, it will be owned by the whole public. This then involves data ownership affirmation. Filecoin is leading the way to provide the basis for data validation, which is very important to the Metaverse ecology. In Web3.0 Gamefi, developers and game manufacturers cannot own the users’ assets (NFT, etc.), while in Web2.0 games, game manufacturers actually exert more control. In fact, the personal assets of web2.0 game users cannot really be protected and confirmed technically. For example, the data of the game props you created must be confirmed in centralized cloud storage before they can be truly counted as your own assets.
Gamefi is just a bud of Metaverse. We see that in various aspects such as advertising, business, social networking, and digital creation, Metaverse will bring a trillion-dollar market in the future. The back-end infrastructure of Metaverse must be based on Web3.0.
In today’s NFT field, the consistency between big data assets and financial assets has not been given full consideration. When someone acquires NFT assets, he can’t help asking “Where is the data?” If the data is stored in a centralized cloud, the idea of NFT assets makes practically nonsense.
The FVM architecture launched by Filecoin provides an answer to the queries to unify data assets and financial assets of Metaverse. The confirmation of data assets will set the basis for building programmability and empower data to be a production element of the Metaverse. Furthermore, it will expand the boundaries of DeFi. For example, we can build a lending market for data mortgages. While the traditional mortgage market may be based on BTC or ETH, now we have new collateral, namely, data.
Filecoin is the world’s largest censorship-resistant zero-knowledge proof network, in which we can see unlimited business opportunities. The essence of cryptocurrency is not to ban centralized institutions, but to empower individuals to help them protect their personal property from perpetrators. That also accounts for the meaning of Metaverse.
Filecoin is the I/O layer of the entire Web3.0, which can be regarded as “Stroage as Layer0” or “Layer1 above Layer0” that can realize the programmability of smart contracts. The launch of FVM can build a more comprehensive storage market. It can flexibly control data through smart contracts, such as building a storage market according to copy, time, region, trading conditions, etc. Besides, FVM will greatly improve the programmability and integrity of NFT, and probably it will constitute the most comprehensive back-end infrastructure of Metaverse.
The current focus of Filecoin’s FVM is to ensure the programmability and security of the storage market. Whereas in practical application scenarios, it is still difficult to achieve both low gas consumption and high-performance expansion simultaneously. Therefore, the Layer 2 ecosystem will inevitably be born on the basis of Layer 1, and there will be a large collection of developers building Layer 2 around the Filecoin ecosystem.
In the applications ecology of Metaverse, there are diverse complex needs and requirements. As far as the construction of decentralized digital identity is concerned, everyone has the right to build their own digital identity and can issue their own non-financial social tokens. To exchange tokens, we can be closely integrated with data in token programming. For example, a person can have multiple virtual identities, and there will be some or a large amount of data behind each virtual identity. Such applications will definitely be built on Layer 2 of the Filecoin ecosystem.
Taking SINSO as an example, the most advanced Layer 2 infrastructure architecture platform in the Filecoin ecosystem can help various DAPP applications efficiently transition from Web2.0 to Web3.0 through rich service components and tools, solving the crux of application iteration caused by Filecoin ecology’s imperfection in infrastructure.
SINSO uses the side chain mechanism to alleviate a series of problems such as network congestion and high Gass fees that will occur in Filecoin FVM in the future. These Layer 2 technologies will help improve the structure of and accelerate the development of the Metaverse.
A Grayscale report mentioned that Metaverse has a market of approximately $15 trillion, and the back-end infrastructure market will also prosper rapidly. Who is the best back-end infrastructure ecosystem? Let’s wait and see.