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Joel Dietz was a founding architect of MetaMask, the company that makes digital wallets for cryptocurrency trading.
And now he has come out of his “crypto retirement” to start a new company aimed at making the metaverse interoperable. He calls the new company MetaMetaverse, and he has raised $2 million for it already.
Dietz plans to build a Layer 1 blockchain protocol — something like other blockchains like Ethereum or Bitcoin, but more like a metadata protocol — for the purpose of connecting the metaverse, the universe of virtual worlds that are all interconnected, like in novels such as Snow Crash and Ready Player One.
His MetaMetaverse is natively cross-chain and includes a programming language for generating and managing metaverses, running games and simulations inside of them, and mapping parallel realities. It sounds ambitious and a bit crazy, but Dietz said in an interview with GamesBeat that this is the kind of task he likes taking on. He happened to be in Dubai while I spoke with him, but I figure it was the real Joel Dietz. He said the company’s headquarters is split between Lisbon and Dubai, and it has about 25 people now.
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Dietz is well known in the early crypto industry, which he started exploring as early as 2011. He got into Ethereum, the popular programmable blockchain protocol, on the day the first white paper dropped.
“I basically dropped everything I was doing to work on Ethereum,” he said.
He was known for not only for designing and securing the early funding for Metamask, but also for establishing the academic field of cryptoeconomics, establishing the legal standards for utility tokens at Harvard and the Massachusetts
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