Founded in 2017 as Enva Division, Passage.io initially focused on crafting digital environments for brands. The platform has since evolved into a cornerstone for Metaverse interactions, blending physical and digital realities through immersive 3D experiences. This transformation was accelerated by the global shift towards virtual platforms during the 2020 pandemic, positioning Passage.io as a pivotal player in the digital and Metaverse landscape.
Technical Architecture and Features
Passage.io operates on the Cosmos SDK, allowing it to provide a seamless, interoperable experience across various blockchain networks. Key features include:
- 3D World Builder: Users can create bespoke or template-based virtual environments with simple drag-and-drop actions. These environments are enhanced with plugins from the marketplace, facilitating rich, interactive experiences.
- Social and Commerce Tools: The platform integrates social media functionalities with commerce, enabling users to monetize interactions through subscriptions, digital goods sales, and more, all within their custom virtual spaces.
- Streaming and Accessibility: Worlds on Passage.io are accessible via browsers without the need for downloads, using cloud services like AWS and Google Cloud, which ensures high-performance delivery of content.
The Marketplace
Launched in 2022, the Passage Marketplace is the first of its kind on the Cosmos blockchain to utilize ATOM for transactions. It allows creators to sell and trade 3D assets, NFTs, and more, fostering a vibrant economy within the Passage ecosystem.
Governance and Community
Passage.io employs a decentralized governance model, where PASG token holders vote on proposals relating to the ecosystem’s development and management. The platform supports community engagement through Special Interest Groups (SIGs), which focus on specific development areas, contributing to the platform’s evolution and refinement.
Tokenomics
The PASG token, integral to the Passage ecosystem, facilitates transactions, staking, governance, and access to exclusive content. With a total supply of 1.5 billion tokens, PASG serves as the backbone for economic activities and incentives within Passage.
Future Developments
Passage.io is committed to expanding its open-source initiatives, improving the user experience, and enhancing its platform to support more extensive and interactive digital worlds. Upcoming features include enhanced asset management, better search and sorting capabilities in the marketplace, and new tools for world customization.
As a bridge between digital and physical realms, Passage.io is poised to play a significant role in the future of the Metaverse. Its focus on user-friendly tools, open-source development, and a robust community-driven governance model underscores its dedication to making digital interactions more accessible and meaningful.
