Among sceptics, the term ‘metaverse’ can often be too optimistic, and is questioned for lacking in definition to non-crypto natives. In 2021, Non Fungible Tokens (NFTs) was widely seen in mainstream media to be selling for millions of dollars, with exponential growth and an economy worth billions of dollars. So how can non-crypto natives understand this transformation that seems to be taking place in business via this new technology?
Kaloscope, is the world’s first (1st) registered ‘social media metaverse’. It is defined as a Web-3, decentralised, social media metaverse, or a bridge between the physical and virtual world by developing mixed reality experiences and utilities within the Non-Fungible Tokens (NFTs) space. Kaloscope enables one to create ad collect virtual spaces, as NFTs, and project an NFT collection in Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR).
Kirck Allen, CEO, of says, “Think of us like a decentralised Facebook, but in 3-dimensional form, or a virtual world with a virtual space. You can have an NFT store within a NFT, and share it with your friends to make your web-3 more social”
The innovation behind Kaloscope is the platforms’ ability to transform business via ‘Utility’ & ‘Community’. Kaloscope has created utilities such as diamond and gold passes behind NFTs, in order for those who own them to not only get early and exclusive air drops, but ‘real world’ in ‘real time’ perks, such as access to VIPS events, access to bars, etc called or known as ‘perkabilities’. An example of projects with ‘perkabilities’ would be Kaloscope’s involvement, with investor ColossalBit and their recent launch in Dubai of the Meta Terrace- a hybrid of a virtual & physical restaurant, lounfe bar, where NFT holders can purchase or pay using crypto currency and enjoy exclusive access to food, drinks & VR/AR experiences. Understanding the short-comings of marketing to random groups, the platform allows specific feedback to loyal fans of brands/businesses or the community, hence, a more stable growth for businesses.
“Kaloscope is a platform for brands, artists, and institutions to tell their story, in mixed reality, and what their communities have to offer; it is customisable and traceable on the blockchain, and a new way to tell your brand story, in 3-D!.”- Kick Allen, CEO, Kaloscope
Ever innovative, and believing that anything is possible & sustainable for the future, Kaloscope’s token and NFT contracts are deployed on the Polygon network- a layer 2 solution, which addresses Ethereum’s limitations, such as notable lower transactions per second, and high gas fees. Supporting the ‘Great Green Wall’ project, which is one of the largest carbon capture projects on the planet, Kaloscope has partnered with Serious Shea, which works collaboratively with the World Economic Forum, to plant over 1 trillion trees across Africa, backed by the United Nations.
To download the Light Paper V.1, on Kaloscope for more information, download here or view on Medium here: https://medium.com/@Kaloscope/kaloscope-light-paper-v-1-released-5f1ad0cbc5cf