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The metaverse will have its own internet
The metaverse will have its own internet
August 21, 2023
A company called Subspace Labs just launched the world’s first network-as-a-service (NaaS) offering. This has major implications for the burgeoning metaverse trend… Subspace Labs was founded in 2018. The company set out to solve one of the most critical problems in the gaming industry – lag.
This is what we call a delay in our internet connection. It may not sound like much, but a “laggy” connection is a big deal. For the top online games out there, it’s common to have gamers from all over the world playing in real time with each other. These are typically referred to as Massively Multiplayer Online Games (MMOGs). And in most games, not surprisingly, the gameplay is highly competitive.
Under these conditions, any delay in the connection can mean the difference between winning and losing. And certainly, the difference between a good experience and frustration. Subspace initially focused on eliminating lag in the gaming industry. And the company developed both the hardware and the software to create specialized internet overlays designed specifically for low latency. We can think of this as having dedicated highways for gaming applications.
And it doesn’t stop there. As Subspace’s tech developed, the company naturally expanded into metaverse applications. After all, the top metaverses will likely bring millions of people together on a daily basis. That only works well if the connection is lightning fast.
So Subspace is suddenly a major player in what’s become one of the hottest trends in technology – the metaverse. The timing is perfect. As metaverses are built out, Subspace’s infrastructure will become critical for their growth. And Subspace is now modeling itself as a Web 3.0 company.
It plans to utilize a digital asset token to build economic incentives right into its network. Right now, the token launch is expected to happen sometime in the second half of this year. Given how hot metaverse development will be this year, this is a company for us to keep an eye on. We may have a fantastic investment opportunity with its digital asset when it launches.
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