PangeaMetaverse Interoperability
The proto-Metaverse is composed of siloed digital worlds. Different worlds may require different hardware for users, most assets cannot be transferred from one platform to another, and development in various worlds may call for the use of multiple engines, SDKs, and environments. While blockchain technology is conducive to creating truly open and interoperable digital worlds, the Metaverse as currently constructed still has a long way to go.Why is Metaverse Interoperability Important?Interope...
PangeaPangeaDAO's Investment Thesis
Gm and welcome back! This is the first post since our 3-piece series on Metaverse land in which we outlined our current thoughts on valuation, in-house DAO squads, and revenue generation. PangeaDAO is focused on developing and building on our land assets while connecting with brands as long-term tenants. The purpose of this article is to share PangeaDAO’s current Metaverse land investment thesis that will guide our initial treasury allocations post-launch. It will be a living document that we...
PangeaVirtual Land Series: Generating Revenue
Welcome back for the third and final edition of Pangea’s Virtual Land Series! We hope you enjoyed Edition One and Edition Two. In this edition, we will outline Pangea’s plan and current thinking for: Generating Revenue with our Virtual Land. Virtual land will one day be a yield-bearing, high-appreciation asset, with sophisticated brokerage and financing markets in place to help people obtain it. As the ecosystem is built out, we expect the number of applications and opportunities to leverage ...
PangeaMetaverse Interoperability
The proto-Metaverse is composed of siloed digital worlds. Different worlds may require different hardware for users, most assets cannot be transferred from one platform to another, and development in various worlds may call for the use of multiple engines, SDKs, and environments. While blockchain technology is conducive to creating truly open and interoperable digital worlds, the Metaverse as currently constructed still has a long way to go.Why is Metaverse Interoperability Important?Interope...
PangeaPangeaDAO's Investment Thesis
Gm and welcome back! This is the first post since our 3-piece series on Metaverse land in which we outlined our current thoughts on valuation, in-house DAO squads, and revenue generation. PangeaDAO is focused on developing and building on our land assets while connecting with brands as long-term tenants. The purpose of this article is to share PangeaDAO’s current Metaverse land investment thesis that will guide our initial treasury allocations post-launch. It will be a living document that we...
PangeaVirtual Land Series: Generating Revenue
Welcome back for the third and final edition of Pangea’s Virtual Land Series! We hope you enjoyed Edition One and Edition Two. In this edition, we will outline Pangea’s plan and current thinking for: Generating Revenue with our Virtual Land. Virtual land will one day be a yield-bearing, high-appreciation asset, with sophisticated brokerage and financing markets in place to help people obtain it. As the ecosystem is built out, we expect the number of applications and opportunities to leverage ...
Subscribe to Pangea
Subscribe to Pangea
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers
PangeaDAO has officially planted our flag in the history of Digital Worlds.
We are proud to announce that on 7th May at approximately 11:08pm EST 2022, PangeaDAO purchased a total of 25 contiguous plots in DCL’s Fashion District for a combined total of approximately $170,200.
This allocation represents 148,000 MANA (5,920 MANA/$6808 per parcel), and it is a foundational step in building a world class Metaverse Digital Land Treasury, one which we intend to fully develop and commercialize.
Pangea will work with our Creators Guild and partners to develop a unique and unified plan for the Estate, creating value while also seeking opportunities for revenue generation through staking, renting, commercializing, collateralizing, and more.
The fashion vertical is one of the most obvious and attractive areas in the early Metaverse, as demonstrated by the interest generated by worldwide fashion houses and brands, such as Tommy Hilfiger, Gucci, Dolce & Gabbana, and many more. Pangea will be focused on this and other related industries of expression such as music, art, and events, but will not be restricted to these use-cases as we believe that this area could be a very attractive place for brands of all shapes and sizes to begin testing their involvement with the Metaverse.
The core team’s proposal was available to review, ask questions about, and provide commentary on for 24 hours on Pangea’s Discourse. After reaching soft consensus, we put the proposal to a Snapshot vote for a further 24 hours and executed this investment via the Pangea multi-sig when it was passed. The quick turnaround time was necessary from an operational lens, as we needed to act quickly to capitalize on this rare opportunity and ensure that we were able to acquire (and combine) both estates. Due to the fact that the Pangea community is still quite small and tight-knit, we believed we could reach a consensus on how to proceed within that time frame. We are excited to have set a standard for transparency into Pangea fund deployments!
Now that Pangea has began the process of building out our Metaverse Digital Land Treasury, there are a few immediate paths to monetization, opportunities for researchers & creators, and further action with Pangea Partners:
Rent and stake on EnterDAO's LandWorks (immediately earn $ENTR at approximately 30.81% APR and provide opportunities for future revenues from rent)
Research and Design Commercial Space from a City Planning perspective
Solicit Commercial Agreements for Tenants
BUIDL
We also intend to host events and will aim to get PangeaDAO on the Decentraland Map as a "Place of Interest", further cementing our position as a key player in the Metaverse.
Thank you to everyone who participated in the process of reviewing, reaching consensus on, and executing this proposal. We appreciate your participation and commentary. Follow @pangeaDAO on Twitter to stay informed, apply to the community Creators Guild & join our Discord to participate, and stay tuned for more exciting updates!
Website: https://pangeadao.org Twitter: https://twitter.com/pangeadao Discord: https://discord.gg/5hFdFJ5nqY Dework: https://app.dework.xyz/pangeadao Snapshot: https://snapshot.org/#/pangeadao.eth
PangeaDAO has officially planted our flag in the history of Digital Worlds.
We are proud to announce that on 7th May at approximately 11:08pm EST 2022, PangeaDAO purchased a total of 25 contiguous plots in DCL’s Fashion District for a combined total of approximately $170,200.
This allocation represents 148,000 MANA (5,920 MANA/$6808 per parcel), and it is a foundational step in building a world class Metaverse Digital Land Treasury, one which we intend to fully develop and commercialize.
Pangea will work with our Creators Guild and partners to develop a unique and unified plan for the Estate, creating value while also seeking opportunities for revenue generation through staking, renting, commercializing, collateralizing, and more.
The fashion vertical is one of the most obvious and attractive areas in the early Metaverse, as demonstrated by the interest generated by worldwide fashion houses and brands, such as Tommy Hilfiger, Gucci, Dolce & Gabbana, and many more. Pangea will be focused on this and other related industries of expression such as music, art, and events, but will not be restricted to these use-cases as we believe that this area could be a very attractive place for brands of all shapes and sizes to begin testing their involvement with the Metaverse.
The core team’s proposal was available to review, ask questions about, and provide commentary on for 24 hours on Pangea’s Discourse. After reaching soft consensus, we put the proposal to a Snapshot vote for a further 24 hours and executed this investment via the Pangea multi-sig when it was passed. The quick turnaround time was necessary from an operational lens, as we needed to act quickly to capitalize on this rare opportunity and ensure that we were able to acquire (and combine) both estates. Due to the fact that the Pangea community is still quite small and tight-knit, we believed we could reach a consensus on how to proceed within that time frame. We are excited to have set a standard for transparency into Pangea fund deployments!
Now that Pangea has began the process of building out our Metaverse Digital Land Treasury, there are a few immediate paths to monetization, opportunities for researchers & creators, and further action with Pangea Partners:
Rent and stake on EnterDAO's LandWorks (immediately earn $ENTR at approximately 30.81% APR and provide opportunities for future revenues from rent)
Research and Design Commercial Space from a City Planning perspective
Solicit Commercial Agreements for Tenants
BUIDL
We also intend to host events and will aim to get PangeaDAO on the Decentraland Map as a "Place of Interest", further cementing our position as a key player in the Metaverse.
Thank you to everyone who participated in the process of reviewing, reaching consensus on, and executing this proposal. We appreciate your participation and commentary. Follow @pangeaDAO on Twitter to stay informed, apply to the community Creators Guild & join our Discord to participate, and stay tuned for more exciting updates!
Website: https://pangeadao.org Twitter: https://twitter.com/pangeadao Discord: https://discord.gg/5hFdFJ5nqY Dework: https://app.dework.xyz/pangeadao Snapshot: https://snapshot.org/#/pangeadao.eth
No activity yet