Narrative Evolution: The Metaverse♾️the HONG
Powerful "Core Value"
A good story can bring together a group of aspiring individuals to establish a great nation or guide human technology in the right direction, influencing the progress of human society. The "HONG Universe" project, initiated from the native digital IP of H-MAN, the little red character, was launched by the 1030 Studio team during the bear market of 2022. So far, various styles of PFP projects have been released, including H-MAN: Red SR Badge, H-MAN: First Second, H-MAN: Hongmeng, H-MAN: Ocean, H-MAN: Baa, etc. These projects have gained popularity both domestically and internationally due to their high-quality design, rich story content, and the digital-native scalability they offer to PFP users.
"HONG Universe" is a new domain created based on the concept of the metaverse, centered around the character prototype of H-MAN. Through artistic imagination and a rich worldview, "HONG Universe" provides a grand narrative to digital collectibles, becoming a world for creative play, open exploration, real-world connectivity, and editable experiences. It aims to be a metaverse world that is highly open and built upon PGC+AIGC, with UGC as its soul.
In contrast to the different understandings of open-world gameplay and world-building in gaming, the "HONG Universe" features a time-narrative gameplay divided between the main storyline and side story segments. Each cycle is an independent section: the gaming section offers autonomous gameplay, while the physical section provides its own modes. All IP figures can realize all possible application scenarios and connections within this visualized world.
Staying True, Exercising Restraint, and Persistence
Why is restraint so important for Web3 projects? Because real-world resources are limited, while digital-world resources are infinite and can be easily replicated. The value of the digital world comes from consensus and restraint, and the technological value of blockchain lies in preventing unlimited data replication. Therefore, for Web3 participants, even with a strong consensus, ignoring restraint is destined for failure. The series and quantity of H-MAN's releases over the past year and the team's approach have shown great restraint.
Looking at the current development of Web3, for projects that focus on tangible achievements rather than speculative gains, this is a long-term investment that may not yield short-term returns. Hence, the quality of persistence becomes crucial.
Unveiling the Metaverse: A Scientific Analysis of its Boundless Potential
The reason why the information society is still considered a future concept is that the scale of the digital economy is not yet large enough, and industrial production capacity still remains a crucial determinant of national competitiveness. Toffler's assertion that "information becomes the most important production factor" is still not fully realized, at least not entirely.
The emergence of the concept of the Metaverse has the potential to truly transform the societal form of humanity. Calculated according to Kondratiev's long-wave cycle theory (which posits long-term fluctuations of 48 to 60 years, averaging 50 years, as a result of collective human behavior) coincides with the time for the computer technology that thrived after World War II to undergo a generational change.
Coincidentally, after Meta's rebranding, the frenzy surrounding the Metaverse has reached its peak, encompassing applications such as VR hardware, gaming, social interactions, and even blockchain technology and cryptocurrencies. In essence, we are witnessing the embryonic form of a new business model that transcends existing Internet platforms, fundamentally altering the landscape of creator economics.
The Essence of NFTs
NFTs are essentially a technological medium, a credible digital representation of ownership. They don't possess inherent value; rather, the value lies in the underlying "entity" that the ownership represents. This "entity" could have real-world value, like tangible assets (RWA), or equity value, such as NFT tickets or memberships. Alternatively, it could derive from a consensus within a community regarding a narrative, which is the value of IP. Crafting a story as a novel, film, or other narrative process, gaining consensus from a large fan base, provides IP value to fans in relation to all things related to that story.