We are now watching the emergence of the Open Metaverse, a common open economic layer built from shared open-source protocols, open infrastructure, and a single unifying yet open financial system. New business models, principles, and technologies are emerging through DeFi, NFTs, Decentralized Governance & Storage, Self-Sovereign Identity, and more.
At Outlier Ventures, we were early investors in Web 3; a Web centered on user-centricity and the enablement of sovereign identity, data and wealth. While our investment thesis continues to shift slightly as the technology matures and emerges, we have always remained united in the move away from the capture, control, and increased centralization of wealth and power of Web 2. This is reflected in new concepts such as MetaFi and new insights conveyed in our recent State of the Metaverse and Blockchain Trends report.
However, just as we predicted the convergence of blockchain tech with IoT, AI, VR & AR bringing the web cycle forward, we are seeing the convergence of Web 3 technologies becoming the building blocks of the Open Metaverse – composed of peer-to-peer network structures, distributed ledger technology, programmability, core innovations, and self-custody of assets and wealth. The evolving technologies in these building blocks will serve to fill in the gaps of existing Web 3 tech – user experience, performance, and cost and enable the true actualization of the Open Metaverse. Since 2019, we’ve been running Base Camp, our early-stage Web 3 accelerator and Ascent, our token launch program to support our mission and provide early-stage startups with expertise in new business models, product-market-fit, capitalization and network scaling. We’re on target to work with over 100 new projects this year which give us unprecedented access to new ideas, early trends and the frontier of web 3 itself.
We’re hosting Diffusion Digital on March 28th -30th to showcase two new groups of Base Camp founders, pioneers building the Open Metaverse and sharing the latest insights. This is our flagship virtual demo day and conference made up of pitches, talks, panels, and live Q&As from our latest Base Camp and Ascent teams supported by industry thought leaders along with our protocol ecosystem partners! This is the functional equivalent of taking the quarterly pulse of the Open Metaverse. We will show you the state of the ecosystem from both the founder, investor and protocol perspective.
Join us we explore some of the most exciting emerging elements of the Web 3 ecosystem, innovations in – DeFi, NFTs, Virtual Worlds, Gaming, Digital Fashion, DAOs and beyond. Whether you’re a founder, investor, developer or just have an interest in the space, we invite you to hear from our latest cohorts of founders, builders, and the many minds working together to support the growth of the Open Metaverse.
Find out more at Diffusion.events & sign up to claim your NFT and receive early access to content, networking opportunities, and much more!