Lifeform: Exclusive seed round investment from Binance Labs, Web3 visual DID breaks through the competition

OdailyNews
2022-11-03 11:55:41
Collection
Visual DID will redefine user citizenship in Web3.

Author: Planet君, ODAILY Planet Daily

With the development of the metaverse, the popularity of DID remains high. After a period of silence, domain services have rebounded against the trend in the bear market, igniting hotspots, and various domain projects have emerged rapidly. In the wave of DID, countless users hope to see more personalized services in Web3, and recently, Lifeform has successfully attracted attention with its visual DID technology highlights.

Lifeform: Secured exclusive seed round investment from Binance Labs, Web3 visual DID breaks through

If the emergence of domain services allows Web3 users to showcase their individuality with unique domain names in the Web3 world, then Lifeform's visual DID redefines users' citizenship in Web3, giving it a soul. Users can use a 3D hyper-realistic virtual human editor to shape their image, and the visual DID protocol and smart contract suite will allow your 3D avatar to represent you in various applications of the Web3 metaverse.

1: What is Visual DID?

Visual identity authentication for everyone accessing the Web3 ecosystem, even allowing WEB2 users to create their first WEB3 identity through MPC or zero-knowledge proofs. This image can bind various Dapps, wallets, and other decentralized applications, solving the issues of soul binding and social identity recognition.

1.1) The Significance of Visual DID

Looking back at the era of Web1 and Web2, the once-popular QQ Show and Zepeto fully satisfied internet users' desire to have a personalized image representing their identity in the online world. Users were willing to pay for a variety of clothing, accessories, and scenes to decorate their images, sharing spontaneously and continuously attracting users, leading to viral growth.

In Web3, visual DID will become users' visual identity authentication, accompanied by more practical functions. It can bind personal wallets, digital assets, etc., and apply this image to various scenarios: metaverse games, virtual human live streaming, celebrity IPs, business meetings, and more.

2: What Makes Lifeform, Funded by Binance Labs, Attractive?

Lifeform's Web3 visual DID editor provides users with a complete set of image editing functions, motion capture capabilities, and solutions for entering different metaverse worlds. When users can easily obtain high-quality image assets, the UGC model will stimulate a surge in virtual human users, attracting decentralized developers to enrich gamefi scenarios, ultimately forming a self-governing and prosperous virtual human social ecosystem.

3: With Similar Projects Like Ready Player Me and Genies Valued Over One Billion USD, Can Lifeform Still Break Through?

3.1) From a product perspective, Lifeform is a provider of decentralized digital identity solutions, driven by technological innovation, focusing on the research and development of visual DID integration solutions. Its core products include a 3D hyper-realistic virtual human editor, visual DID protocol, secure smart contract suite, native decentralized identity SaaS system services, and a metaverse underlying engine suitable for Web3 cross-application development.

a. Visual Revolution

The Lifeform development team uses the UE5 engine, which, compared to the commonly used Unity, can achieve trillions of polygons and dynamic lighting with UE5's Nanite virtual micro-polygon geometry technology and Lumen dynamic global illumination technology. Higher precision and hyper-realistic style will provide users with a more immersive experience, making it easier to capture users' curiosity and sharing psychology.

b. Application Scenarios

One of the distinguishing features of Web3 from Web2 is returning the choice to users. Lifeform fully implements the concept of "users choose the scene, not the scene choosing users," breaking the shackles of platform monopolies. Its flagship visual 3D hyper-realistic virtual human Avatar editor allows anyone to create any virtual image through simple operations and easily link it to Web2 streaming media for dynamic control of virtual humans.

It is reported that real-time mapping has been achieved with Google Meet, Zoom, Discord, Tiktok, and other video streams. Respecting individual user value, users have the right to edit their images and choose scenarios based on their needs.

In addition to Web2 application scenarios, Lifeform's definition of Web3 application scenarios breaks the existing limitations of the metaverse. The current metaverse is still in its early development stage, and various Dapps on the market have only created their independent worlds. Users cannot transfer virtual image assets purchased in one application to interact in another. In response, Lifeform will propose a complete metaverse Web3 solution paradigm and a 3D model automation multi-end adaptation plan, allowing the same visual DID to adapt to model assets of different styles and precisions, entering different styles of metaverse and achieving interconnectivity between different metaverse spaces. In the future, the same role can enter Roblox to play pixel games and also visit Decentraland for shopping and exhibitions, realizing a 3D hyper-realistic virtual human representing your personal characteristics to roam Web3.

c. UGC Ecosystem

The Lifeform team focuses on UGC, guiding users to spontaneously create and share through the development of low-threshold, easy-to-use To C editor products. Only by continuously amplifying users' creativity and imagination can WEB3's native IP, content, and value be generated endlessly.

Lifeform not only provides one-click plugins to share dynamic virtual humans to all video streaming media but also allows avatars to enter rich gamefi applications to enjoy the metaverse. Through one-click sharing, users can easily use their avatars to fulfill a series of needs, such as starting virtual human live streaming on TikTok, creating their IP, and gaining a large number of followers. For example, using avatars as their characters in gamefi games, binding images and assets together, making it easy to play to earn. The sharing attributes will attract a large number of Web2 and other ecosystem users, reminiscent of the once-popular Zepeto, where people shared and showed off wildly. At the same time, it will attract a decentralized developer community to enrich gamefi scenarios, ultimately forming a prosperous virtual human social ecosystem.

3.2) From a market perspective, the Lifeform incubation team has successfully launched the virtual artist HALO NFT. This batch of NFTs has attracted attention due to its beautiful appearance, high precision, and motion capture utility. It is also the first star project to launch on Binance NFT exchange's Launchpad twice, with a total transaction volume exceeding ten million USD, ranking first in the first month of release.

According to official Twitter announcements, HALO will become one of the first avatars with attribute bonuses after the launch of Lifeform's ecosystem game and will serve as a game character in the Lifeform ecosystem for soul binding and value realization.

4: How Can Users Participate?

According to official disclosures, the virtual human editor will be launched soon. After the product officially goes live, obtaining an avatar will require staking tokens and consuming points. Currently, Lifeform has airdropped 1,000 LAP NFTs (Life Avatar Poap) through a lottery, with over 70,000 participants. It is reported that holding LAP will allow users to create avatars for free in the editor after its launch and mint them into NFTs. These avatars can later directly enter chain games incubated by Lifeform to earn.

Future updates: The official announcement states that Lifeform will hold a product launch live stream on Discord and YouTube at 8 PM Beijing time on November 1, where product details and subsequent activities will be revealed.

In conclusion, quoting Lifeform's slogan "Hyper-realistic 3D avatars and decentralized identifiers protocol to bring the next billion users to web3," hyper-realistic 3D avatars and decentralized identity protocols will bring mainstream users to Web3, and we will keep an eye on it.

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