2021 is a year when the topic of “Metaverse” painted the town red. Due to the impact of the Pandemic, people’s daily life and work are more carried out online, offline reality is beginning to be digitized, the number of users and average online time has increased rapidly, the scale of online transactions has increased significantly, and the real world is accelerating its expansion into the virtual world.
The general perspective is that the Metaverse refers to a virtual space. However, Metaverse provides a clear visual and immersive application scenario for new era information technologies such as virtual reality, blockchain, digital currency, encryption technology, big data, cloud computing and artificial intelligence.
In fact,human beings should not be detached totally from the reality and indulge in the “virtual world”, because the virtual digital world is not a self-fulfilling economic environment. At present, there is no business model that can operate independently in the virtual digital economic environment. Virtual world has indeed enlarged the perspectives of human ability and enhanced the experiences of our senses. The profits generated from by products and profits earned from trading of virtual products still required to meet the material needs of Human being.
Therefore there is a need to clarify the essential key components of the Metaverse, so that the reality can integrate with the virtual digital world more smoothly and rather than to pin all hopes on the process of decentralized social transformation that cannot be realized in the near future.
A useful exploration in this regard is the AMM parallel universe.
The name of AMM represent the Yuan Empire which Mr. Yang Bin, the chief executive of Sinuiju Special Administrative Region of North Korea, and together with the top notch blockchain specialist jointly build a virtual world creating a “Metaverse Empire” founded on blockchain technology. Based on the trillion dollar real economy in the real world, AMM empowers the real economy with blockchain technology, introduces decentralized financial models such as DeFi and STO, uses GameFi as the entrance to explore the Metaverse, and uses NFT as a common credential between virtual and real, introducing a “parallel universe” combining reality and virtual for the first time in human history.
In the eyes of some idealists, the Metaverse represents a “distributed networks, decentralized organizations, autonomous communities, encrypted banking networks, trusted artificial intelligence, immersive experience, infinite communication, flow, and imagination…” Others believe that the Metaverse replicates the human society and can provide more powerful deliverance and better experience. However, we are also thinking about how would the virtual world, in turn, impact reality?
AMM Metaverse provides a good insight for the integration between the reality and the virtual world. Because the pie-in-the-sky vision in the AMM Metaverse has the chance to become a real-world application scenario for Sinuiju Special Administrative Region only if it is realizable and feasible.
