Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
    ExclusiveShow More
    Senators to Brief Trump on CLARITY Act Path - Here's What to Expect
    Senators to Brief Trump on CLARITY Act Path – Here’s What to Expect
    CLARITY Act 5 Fights Still Unresolved Before the Merged Draft Drops
    CLARITY Act: 5 Fights Still Unresolved Before the Merged Draft Drops
    Strategy's Cash Reserve Shift Reveals Weaknesses in Leveraged Bitcoin Balance Sheet_
    Strategy’s Cash Reserve Shift Reveals Weaknesses in Leveraged Bitcoin Balance Sheet
    After Securing MiCA License, OKX Says Banking License Is Not a Priority
    After Securing MiCA License, OKX Says Banking License Is Not a Priority
    The Wall Around Mint Street: How the RBI Spent a Year Shutting Crypto Out of Indian Banking
    The Wall Around Mint Street: How the RBI Spent a Year Shutting Crypto Out of Indian Banking
  • Opinion
    OpinionShow More
    The Bitcoin Treasury Blueprint What Stress Testing on Strategy Inc.’s MSTR-STRC Reveals
    The Bitcoin Treasury Blueprint: What Stress Testing on Strategy Inc.’s MSTR-STRC Reveals
    Why Wall Street is Divided Michael Saylor’s Scarcity vs. Tom Lee’s Staking Empire
    Why Wall Street is Divided: Michael Saylor’s Scarcity vs. Tom Lee’s Staking Empire
    The Arthur Hayes Paradox Macro Prophet or Market Opportunist
    The Arthur Hayes Paradox: Macro Prophet or Market Opportunist?
    RBI Denies Gold Sale Amid Oil Crisis: Could It Speed Up India's Digital Rupee Push?
    RBI Denies Gold Sale Amid Oil Crisis: Could It Speed Up India’s Digital Rupee Push?
    The CLARITY Act War Starts Jamie Dimon Vs Armstrong
    The CLARITY Act War Starts: Jamie Dimon Vs Armstrong
  • Learn
    • Explained
    • How To
    • Insights
  • Videos
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
  • Videos
  • Glossary
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Blockchain NewsMetaverse NewsNFT News

‘Father of the Metaverse’ Neal Stephenson to Unveil Lamina1 Blockchain

Stephenson and Vessenes intend to deploy the carbon-neutral Lamina1 to serve as a base layer for the Open Metaverse.

Written By Vismaya V
Published 2022-06-10·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
Share
‘Father of the Metaverse’ Neal Stephenson to Unveil Lamina1 Blockchain

The legendary science-fiction author Neal Stephenson defined the word “metaverse” in his 1992 novel ‘Snow Crash.’ He’s now partnering with crypto pioneer Peter Vessenes to actually explore his idea even more by unveiling metaverse-focused LAMINA1 Blockchain.

30 yrs ago, author of “Snow Crash” @nealstephenson coined “the Metaverse.” Now, alongside crypto pioneer @vessenes + others, he’s bringing it to life. Introducing #LAMINA1 – the Layer-1 blockchain for the Open #Metaverse.

— LAMINA1 (@Lamina1official) June 8, 2022

“Cryptocurrency pioneer Peter Vessenes and renowned futurist Neal Stephenson are announcing Lamina1, a new Layer-1 blockchain technology designed for the Metaverse with Web3 principles in mind,” the announcement reads. 

The Metaverse is a virtual urban environment that can be accessed by a worldwide fiber-optic network and virtual reality headsets, as depicted in Stephenson’s novel Snow Crash celebrating its 30th anniversary this year.

The former Bitcoin Foundation chairman Vessenes will be Lamian1’s CEO while Stephenson will serve as the chairman of the platform.

They both intend to launch a new immersive environment based on Snow Crash, as well as construct infrastructure and release tools to help third-party producers create Open Metaverse experiences at scale.

Vessenes describes Lamina1 as “a place to build something a bit closer to Neal’s vision — one that privileges creators, technical and artistic, one that provides support, spatial computing tech, and a community to support those who are building out the Metaverse.”

Lamina1 will serve as a base layer for the Open Metaverse. The blockchain plans to deploy a testnet and then a betanet later this year. 

Neal wants to help creators get paid fairly for their work, aid the environment, and see a truly Open Metaverse emerge rather than the Metaverse vision being put forward by monopolies.

The reportedly carbon negative Lamina1 chain will have large transaction volume and an economic architecture with new reward mechanisms to assist innovators and entrepreneurs in creating ideal economies.

Vessenes hopes to contribute economic and technological design to Neal’s vision that will allow Lamina1 to be developed sustainably and to deploy Lamina1 quickly as the processes to make it happen come together.

Tony Parisi, the former head of AR/VR at Unity, and Advisor Rony Abovitz, founder of Sun and Thunder also joined the Lamina1 team along with Stephenson and Vessenes. 

Ethereum co-founder Joseph Lubin, Rony Abovitz, Geoff Entress, Jeremy Giffon, Bing Gordon, James Haft, Reid Hoffman, David Johnston, Joseph Lubin, Patrick Murck, Matthew Roszak, Tihan Seale, Peter Vessenes and Wu Ying are among the project’s initial investors.

Stephenson also shared a few tidbits about Metaverse via Twitter. He believes that the current game development is still centered on screens for both the developer and the user, and that in the Metaverse, a hybrid method that includes both 2D screens and AR/VR technology, rather than just VR, will be used.

‘We fluently navigate and interact with extremely rich 3D environments using keyboards that were designed for mechanical typewriters. It’s steampunk made real. A Metaverse that left behind those users and the devs who build those experiences would be getting off on the wrong foot,” he tweeted.

Subscribe to The Crypto Times for more Metaverse Updates!!

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News

TAGGED:BlockchainMetaverse
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link

Latest News

Senators to Brief Trump on CLARITY Act Path - Here's What to Expect
Senators to Brief Trump on CLARITY Act Path – Here’s What to Expect
BlackRock CEO Predicts Strong Markets, Says Bitcoin Is More Stable
BlackRock CEO Predicts Strong Markets, Says Bitcoin Is More Stable
a16z Says Wall Street Wants Blockchain, Not DeFi
a16z Says Wall Street Wants Blockchain, Not DeFi
Fed Chair Warsh Calls for Regulator Coordination on GENIUS Act
Fed Chair Warsh Calls for Regulator Coordination on GENIUS Act
Base’s Jesse Pollak Admits Creator Coin Strategy Failed, Signals AI Pivot
Base’s Jesse Pollak Admits Creator Coin Strategy Failed, Signals AI Pivot

Find Us on Socials

You may also like

REAL Joins BC4EU to Support Institutional Tokenization in EU

Blockchain.com Integrates Polymarket Ahead of FIFA World Cup 2026 Semifinals

Blockchain.com Integrates Polymarket Ahead of FIFA World Cup 2026 Semifinals

From RWAs to Memes Robinhood’s Blockchain Becomes the Hottest New Meme Coins Hub

From RWAs to Memes: Robinhood’s Blockchain Becomes the Hottest New Meme Coins Hub

UK Targets Early 2027 for First G7 Digital Sovereign Bond

UK Targets Early 2027 for First G7 Digital Sovereign Bond

The Crypto Times Logo PNG

Providing real-time, accurate Crypto reporting. Your trusted source for Crypto News and Research.

Stay Updated

All News
Exclusive
Opinions
Learn
Videos
Glossary

Company

About Us
Our Authors
Editorial Policy
AI Policy
Advertorial Policy

Get In Touch

Contact Us
Career

Find Us on Socials

X-twitter Linkedin Telegram Youtube Instagram

© 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information