MetaStudio And Polygon Studios To Build Metaverse for Creators

MetaStudio has announced a collaboration with Polygon Studios on metaverse development. Both entities want to develop a decentralized metaverse that would be beneficial to content creators.

MetaStudio And Polygon Studios Building A Metaverse For Creators 

MetaStudio and Polygon Studios are working together to design a game-changing system. This system will enable anybody to produce and sell digital content in an enjoyable and decentralized environment.

MetaStudio’s collaboration with Polygon Studios will develop a decentralized commercial metaverse driven by $METAS. Also, this partnership will allow creators to monetize their content while enjoying the metaverse.

Moreover, the creators’ market has been the fastest rising digital market in the past three years. Adrian Niculescu, the CEO of MetaStudio, stated that the company would ensure that its user community benefits from its labor. 

The new platform will offer them decentralized autonomy, pleasure, flexibility, and better revenue. Furthermore, both entities believe that decentralization and blockchain will help to boost the long-term sustainability of the metaverse platform.

According to the report, the platform would be open to freelancers, streamers, coaches, and content producers. They will have complete control of their profit, privacy, and products.

Meanwhile, Polygon has carried out more than 3 billion transactions since its inception. Niculescu said the company believes that Polygon can launch its high-quality product.

According to the CEO, the firm chose Polygon because it believes it can house a complex metaverse while providing maximum speed.

Creators To Have More Flexibility And Control 

The Utility Token, $METAS, will fuel this platform for investors and content creators. The Switzerland-based team assured peak functionality and security for METAS owners.

Also, they will have the assistance and experience of Polygon developers. Polygon technology also enables the usage of multi-coin wallets, allowing users to purchase and trade with minimum fees.

Both entities are developing the foundation for a decentralized society. This society would provide creators with greater ownership and flexibility than existing web 2.0 platforms. 

Meanwhile, the metaverse is growing as a new medium of expression, welcomed by users, businesses, and freelancers. Hence, this platform by MetaStudio aims to address all the major challenges in the Creators Market.

One such challenge is the issue of content monetization, huge fees, and lack of privacy offered on web2 platforms. This has led to the induction of web3 platforms, which gives power to the users.

Also, other companies are trying to bridge the gap between web2 and web3 technology. This could take three to five years to achieve. MetaStudio’s MVP is scheduled for the middle of 2023.