Phi visualizes the Ethereum as Metaverse
Phi visualizes the Ethereum as Metaverse
We are excited to introduce Phi, a metaverse created from ENS domains and on-chain activity, built on StarkNet.
Our mission is to visualize on-chain identity and create an open and inclusive metaverse land system that is based on universal web3 building blocks, such as ENS domains and wallet activity.
April 10, 2022
Why Phi?
Visualizing an on-chain identity is traditionally done in two ways: either connecting it to web2 (such as a Twitter PFP or statement in a bio), or using a web3 portfolio such as DeBank or Zapper.
On the other hand, metaverse land is a growing area of speculation and hype. A finite amount of land is available to build and play on (such as Sandbox, Decentraland, etc), and small-time players are unable to create or participate. This, ironically, makes the “metaverse” a small place that is not scaleable or inclusive.
Our approach is different. We believe that everyone with an ENS domain or some sort of on-chain activity should be granted virtual land and the ability to build upon it. We propose to generate virtual lands from ENS domains and populate them with objects that represent on-chain activities (e.g. achievements, status, communities).
April 10, 2022
Phi Object —Objects(ERC1155) tied to various on-chain activities.
Examples of on-chain activities to claim Phi Objects:
Token Holding: Holding more than 1 ETH
Token Swapping: Swapped 1/5/10 times on Uniswap
NFT Holding: Holding 1 Loot
Voting: Voted more than 1 time on Snapshot.
In this way, a variety of on-chain data can be tied to an individual’s identity, and by putting these various objects into their land, players can show their On-Chain Identity.
April 10, 2022
Phi Land — Lands generated from ENS domains. ENS can work as a Metaverse address system(e.g. vitalik.eth would be Vitalik’s Metaverse land address.)
Why ENS? Because ENS is the most decentralized and common asset related to people’s on-chain identities. We don’t want to make it exclusive like other metaverse land NFT projects, where only holders who bought crazy expensive NFTs can play. We believe that the metaverse in web3 should be more decentralized and open for everyone. This is why we use ENS for generating lands.
April 10, 2022
Foresight
We desire to build a decentralized, open social space that is more than just a showcase for on-chain identities.
Phi will be a symbolic place for your on-chain identity like a web3 Linktree, which can be your profile curated by yourself.
By using visualizations, Phi can onboard the casual crypto people into a deeper space.
Not only individuals, but also DAOs/Protocols/Projects can own their land through ENS address to show their excitement.
It’s just an introduction. There is so much stuff we want to build. Let’s work together!
Phi visualizes the Ethereum as Metaverse