Tripballs in the Metaverse
The Metaverse is all the rage right now and everyone seems to be getting their share of it. A Miami-based psychedelic startup called Egg. Ventures recently announced that it will participate in the promotion. In its announcement, it announced that it had acquired a virtual lot in The Sandbox. This room is used by clinicians when attempting to conduct therapy sessions on psychedelics in the metaverse.
This is definitely novel in some ways, and there’s a lot of background on this new announcement. Read on as we cover the backstory on the announcement and what to expect.
For those unfamiliar with The Sandbox, it is a virtual world where players create, own, and monetize items on the Ethereum blockchain. Examples of items and experiences used in this world are NFTs and this is done through the sandbox marketplace. The Sandbox itself is a branch of popular Hong Kong-based gaming venture Animoca Brands. Virtual countries are also available on the platform for meetings to allow different groups to actively engage their audiences, what egg. Ventures step in.
Egg. Ventures purchased the 12 by 12 estate in The Sandbox along with its parent company, Orthogonal Thinker. The deal ranks as the third largest virtual land sale in the Metaverse and is valued at $2.22 million. The package is said to be called PSLY.COM, which is the rumored name of the two Ei’s merged company. Ventures and mycotopia therapies. The property consists of 144 parts, making it a sizeable investment by the companies, and it appears to be a monumental achievement.
In an email, David Nikzad, Ei’s CEO said. Ventures describes PSLY.com as an emerging utopian space in the metaverse. He believes empowering people in unique and dynamic ways will be important. The metaverse itself is the future of interactions and communication, and David believes it will help improve the way psychedelic therapies are delivered. Many moguls from different walks of life have already set up shop at The Sandbox and it shows in some of their investments. Several land purchases on the sandbox have followed Ei’s trend. things to do. Atari bought a record $4.3 million land on the sandbox Metaverse that made mainstream media headlines last November. Rapper Snoop Dogg and Hong Kong real estate magnate Adrian Cheng also recently announced their plans to acquire land to create their own worlds on the platform.
According to Nikzad, the decision to move to the Metaverse didn’t last long, as after only a week on the sandbox, he began to see the future of psychedelic therapy on the platform. This was the birth of Ei’s collaborative effort. Ventures and orthogonal thinker on the metaverse. This move by the two companies will give billions of people access to the psychedelic therapy that many crave. It also comes at a good time for Egg. Ventures on the way to a new production phase. The Company plans to develop a psilocybin transdermal patch for clinical therapeutic applications. This is just one of the company’s latest developments as, as the CEO has explained, it aims to scale.
Plans for the therapy sessions on the platforms are still in the making, but there are a few things we can take away and hold on to for now. Nikzad states that the company hopes to create a great virtual reality experience for its target audience when the program launches. It will also include virtual experiences of Hawaii, healing methods, positive psychedelic trips and so on. Real information and interactive sessions from experienced users will also be available.
A standout feature that the company plans to leverage the Metaverse to allow us guided therapeutic journeys alongside the therapist in the virtual world. This will be a unique application of psychedelic medicine that has yet to be explored. This feature is intended to be applied in areas with legal psychedelic drugs such as Oregon and Jamaica. You can be sure that this new feature will attract the interest of many psychedelics users in different regions. This is because many fell victim to poor therapeutic journeys because they had no one to guide and help them properly. With this new feature, those times are now a thing of the past for most.
Gone are the days when people looked down on psychedelics as a lean and inferior sector from an economic perspective. Now, due to its growing acceptance, it is classified alongside that of cannabis under Health and Wellness. This health and wellness industry, as we know, is a trillion dollar market for which psychedelics like psilocybin-based therapeutics are beginning to carve out their own niche. COVID has shown us that there is plenty of potential in these markets and many are still benefiting from it until now. Because of this, a fusion between egg. Ventures and Mycoytopia, a research company focused on developing new psychedelics-based therapeutics, is in the works. The resulting company will also be called PSLY.COM and will set the tone for many of the companies’ future endeavors.
The move of egg. Ventures show that many companies and entrepreneurs believe in the potential and promise of psychedelics. It’s only a matter of time before billions jump in and we have another replica of the cannabis industry on our hands. Indeed, much of this hinges on more clinical research and psychedelic therapists being in place to promote the goodness of the natural drug. Until then, we can only hope for more positive movements like this, both for psychedelics and their integration into the metaverse.
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