Source Protocol and EonXI Lab Launch Joint Venture to Lead Trillion-Dollar Web 3.0 Industry

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TORTOLA, BRITISH VIRGIN ISLANDS/ACCESSWIRE/August 21, 2022/ United in their mission to drive the mass adoption of Web 3.0 technology, Source Protocol Ltd and EonXI Laboratory announced an exciting new joint venture, SourceWorld, where their teams of experienced developers, motion graphics designers, 3D artists, and more will focus on building enterprise-grade Web 3.0 infrastructure and products on SOURCEBlockchainefficient and scalable distributed network. In addition to internal development, SourceWorld will direct its efforts and campaigns towards promoting an ecosystem of thousands of developers on SOURCE Blockchain worldwide.

SourceWorld’s vision is to create and drive global access to decentralized virtual environments, enabling users to interact on infinite levels, ranging from business activities to games and the metaverse, to interactive entertainment settings, to finance, education, governance, etc. Through their joint efforts to develop the next generation of global Web 3.0 technology solutions, the team of 30+ people will help Web 2.0 organizations navigate and adopt decentralized products and processes to improve their transparency, access, fairness and their economic scale.

In line with one of the most fascinating industries to recently join the market, SourceWorld will begin its efforts by creating a photorealistic and interoperable metaverse, supported by the underlying protocol of Source Protocol DeFi infrastructure. Through this permissionless and easily accessible virtual environment, users will be able to organize meetings and events, play games, buy and develop on virtual land, access decentralized banking and financial instruments, make purchases without borders at their favorite retailers, stream content, and more. Through the use of personal avatars and NFT accessories, users will also be able to own, personalize, and create value with unlimited variations of digital assets. With a strong focus on the future of work, the future of learning, and the future of entertainment, SourceWorld will be instrumental in driving the mass adoption of Web 3.0 technology through interactive media.

The team has already established many virtual partners to announce, from sports games to broadcast arenas and NFT marketplaces. These partners are all associated with recognized artists and the best global brands. The team also works with global event and promotion companies, virtual universities and various entertainment companies. “We are staging what will become the first global metaverse platform as we speak – an economy without limitations – the movement we see on the ground is directly in line with Recent Gray Scale projection metaverse being a $1 trillion market opportunity,” EonXI CEO Aaron Wilson said in a recent interview.

Source Protocol Ltd’s SOURCE Blockchain is the underlying infrastructure for the Web 3.0 products and tools that SourceWorld will build and use. It is a public, permissionless, and interoperable blockchain network for businesses, developers, and individuals to build and use scalable applications, smart contracts, and tools for Web 3.0. Built in Cosmos SDK and equipped with CosmWasm smart contract capabilities, SOURCE is positioned to usher in a new wave of highly secure, scalable and efficient applications. Rust is currently the main smart contract programming language of CosmWasm, which is extremely developer friendly and easy to use. This translates into more cost-effective and scalable application development for companies building the next generation of their product offerings on top of SOURCE.

Since 2019, EonXi has been building, investing and empowering founders in Web 3.0, gaming and consumer industries. Led by a diverse team of engineers, influencers, investors, and entrepreneurs from across the United States, EonXi and its ecosystem are guardians of the development of the next phase in the evolution of the Internet. Combined with Source Protocol’s talented team of blockchain developers, fund operators, advisors, traditional finance specialists and a general tech stack, SourceWorld is poised to create and deliver a truly revolutionary ecosystem for businesses and consumers.

An exciting roadmap has been laid out for SourceWorld as they seek to bridge the gap between Web 2.0 and Web 3.0 over the next decade. In the short term, the team is committed to the immediate development and implementation of internal products and tools, including but not limited to a photorealistic and interoperable metaverse and virtual meeting platform. The team will also lead strategic initiatives to attract thousands of Web 3.0 developers to SOURCE Blockchain, and is currently in talks with capital partners to announce grants and funding programs to support these efforts. In the long term, SourceWorld plans to become the innovation center for the development and hosting of decentralized communication, big data, business, games, entertainment, finance, science, governance, etc

Learn more about SourceWorld, engage with the community, and get exclusive updates on launch, NFTs, airdrops, and more. on the links below:

Media details
Company Name: Source Protocol
Mail: [email protected]
City and country: British Virgin Islands
Website: Sourceprotocol.io

THE SOURCE: Source Protocol

See the source version on accesswire.com:
https://www.accesswire.com/712962/Source-Protocol-EonXI-Lab-Launch-Joint-Venture-to-Lead-Trillion-Dollar-Web-30-Industry

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