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Consensus Distributed and Virtual

Where were we celebrating the great Bitcoin halvening of 2020? Staying home and exploring virtual worlds of course! During Consensus Distributed we teleported to the Crypto Valley Convention Center in Decentraland and picked up some sweet digital swag from DCG!

The entrance of the convention center greets guests with a story about the global events leading up to this years conference. From record breaking money printing to working from home, we are seeing a perfect storm playing out for both blockchain and virtual worlds.

"The very fabric of our financial system is being put to the ultimate stress test. Central banks are operating with the belief that there is "an infinite amount of cash." Is this true? Can central banks continue to prop up the system? What does this mean for the future of money? Will cryptocurrencies find their moment or will the future be ruled by central bank digital currencies like China's new digital yuan? Will we see a rise in decentralized governance solutions to fill the void left by waning confidence in major instituions?"

Inside there is a wide stage and giant screen playing the livestream from Consensus this year. A small crowd of avatars gathered together waiting for the DCL tour with DCLBlogger and Barry Silbert. Unfortunately technical issues got in the way. I guess streaming live demos in a fully digital conference requires extra blessings from the demo gods.

Next there was an after party event on the roof of the convention center. An elevator outside took you up to the rooftop lounge area where a spinning consensus logo can be seen above the bar where other avatars gathered.

Although the experience looked visually interesting, the interaction with other players only through a public text chat felt very limited. VOIP support to talk, spatial audio, and ability to chat privately seem like key ingredients for those serendipitous hallway experiences to naturally occur.

Right after the DCL event was a social money art walk through Cryptovoxels, hosted by Roll and Coindesk. The timing was tight so we missed it, but the art walk can still be explored. Follow the arrow signs by moving around with your mouse and WASD after visiting this url: https://www.cryptovoxels.com/play?coords=W@317E,67S

Conferences that take a full year of planning have been forced to translate that into a fully digital experience within a matter of months. Although video conferencing has exploded as a result of working from home, they still fall short of the ability to walk into the hallway and have a chat with someone. Luckily, this is the type of scenario that avatar embodied communication platforms can deliver. The year 2020 marks the beginning of a great experiment.

Humans are social creatures, but are unable to gather in large groups due to the pandemic. Now that WHO is saying that we may have to live with this virus forever, virtual worlds are being taken very seriously as the future of socializing and work (see: virtual studios). As we learn to live and work online we hope that people who migrate to these digital spaces will desire ownership or a stake in its future by becoming collectors of nifties.

In the meantime, CoinDesk has partnered with Gitcoin, The Giving Block, and Ethereal Summit to raise money for a handful of nonprofits to provide relief to communities that need it most. Some accept cryptocurrency payments, visit here if you want to help: https://www.coindesk.com/consensus-2020/NYBWGIVES


Behind the scenes: NIFTIES VR STUDIOS

We created NIFTIES with the aim of promoting the best projects in the NFTs space. Apart from traditional content we knew we should do something new and unique, which is why we think top quality VR content is the answer. 

Construction of our virtual soundstage has finished and in this video Boomboxhead guides you inside. See all the work that goes behind a fully digital virtual production with professional cameras, lighting, and cinematography. 

We already started producing artist interviews and will announce some new show formats in the near future. If you want to promote your project, company, or event, and need our help to produce cool CG content for the 3.0 collectors just reach us out at vr@nifties.com. ENJOY the video!