Neal Stephenson’s blockchain project holds discovery month as metaverse hype wanes

The blockchain project launched by Neal Stephenson, who coined the term “metaverse” in his 1992 book Snow Crash, is pushing forward with its vision despite the lower interest in the metaverse and some declaring that it’s “dead.” 

Compared to its peak in 2021 and 2022, search interest for the metaverse has declined in 2023, according to data from Google Trends. The lowering interest in the metaverse has also led some to

Rebecca Barkin, the CEO of Lamina1, remains optimistic in the metaverse despite assumptions that it’s dead. Barkin told Cointelegraph in a statement that despite the crypto winter and what many describe as the “death of the metaverse,” they were able to attract almost 50,000 builders into their community since they launched the project.

Barkin is optimistic that their founder’s vision of the metaverse will survive as long as there are people willing to invest their time and money. The executive told Cointelegraph:

“As long as people continue to invest time and money in digital experiences, gaming and virtual worldbuilding, buying and selling digital items, and experimenting with new computing and creative technologies, the metaverse will continue to come to life.” 

According to Barkin, Stephenson’s vision of the metaverse wasn’t just about building virtual worlds. The Lamina1 CEO said it’s about challenging “corporate greed and control.” She added that with today’s technology, it’s now possible to “give more autonomy to creators across entertainment, gaming, commerce, fashion, and beyond to build, create, and distribute these worlds on their own.”

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