🛸 Selling Metaverses as NFTs
Today's Highlights
- Mona - a social metaverse
- This Week On BuzzBelow - a recap on this week's topics.
- In Other News - a few interesting developments we're tracking.
Mona - a social metaverse
Mona provides the first and only platform and network for creators to build, mint, and sell interactive metaverse worlds as NFTs. The world-building platform is free for anyone to create and access via their web browser, and creators can mint their metaverse worlds on Ethereum or Polygon. Creators are already using Mona to build and showcase photorealistic works of architecture, mesmerizing art, dynamic 3D gardens, immersive POAP scavenger hunts, unforgettable virtual events and concerts, and mysterious escape rooms.
Mona’s mission is to make the metaverse a social network where creators can thrive. It is a place to build worlds, not walls. They make it super easy, and also free, for any creator to build, mint and sell a high-quality virtual world as an NFT. The company doesn’t sell virtual land or tokens. It doesn’t charge creators for anything upfront, and it is building tools, systems and protocols for the open metaverse.
A creator is able to build with an existing toolset, upload those assets to a template that Mona has created. That requires no coding for the creator. From there, the creator can mint the world as an NFT via Ethereum or Polygon. The 3D assets and the data gets stored on IPFS and becomes decentralized. The creators can list their virtual worlds for sale on the OpenSea marketplace for NFTs. By selling the tokenized worlds, creators actually get money and perpetual royalties on every resale of their world as well. While many metaverse platforms capitalize on the growing market by selling land, real estate and other virtual assets, Mona wants to allow creators to develop their art freely and make a living by building in the metaverse without facing financial limitations.
Co-founded by Justin Melillo and Matthew Hoerl, Mona aims to create an open metaverse where anyone can create and sell metaverse NFTs with no upfront cost or land purchases. They have raised a total of $16.6M in funding.