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The idea behind the new initiative is to bring Ernest Cline’s Ready Player One novel into a multi-world open ‘ metaverse experience.’ Metaverse startup Futureverse, backed by 10T Holdings and Ripple Labs, has unveiled a partnership agreement with Warner Bros. Discovery to bring the Ready Player One franchise to the metaverse. In an X thread on Jan. 4, the New Zealand-headquartered startup said it has teamed up with Ready Player One author Ernest Cline to launch a new venture dubbed Readyverse Studios, aimed at integrating major IPs into the metaverse. Dan Farah, the producer of the 2018 Warner Bros. film adaptation of the novel, is also listed as the co-founder of the firm. We couldn’t be more excited to announce that we’ve teamed up with @readyplayerone creator and producer to launch Readyverse Studios to bring leading IP and brands to the metaverse . pic.twitter.com/6sU6FpOSdE — Futureverse (@futureverse) January 4, 2024 You might also like: ‘M...

This protocol aims to cut out intermediaries and bring fast and easy asset exchanges across chains. Interoperability remains a persistent issue in the world of gazillion blockchains and interesting protocols and projects. The need for interoperability leads to many practical problems, one of which comes down to token liquidity and crypto swapping between blockchains. Bridges are vulnerable Moving tokens from one blockchain to another has become a crucial part of the DeFi sector. It allows users to use these tokens on different chains than their native ecosystem. However, most blockchains are closed systems and thus aren’t directly compatible with each other. The problem can be compared to using a European power plug in the United States — it’s just not going to fit. At least, not without an adapter. Within DeFi, these adapters — better known as bridges — can be found everywhere. With bridges, users lock tokens on one blockchain to unlock wrapped versions of them on another chain. Thes...