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Overview

The Asset Register is a new ledger system and tool suite that enables developers to establish links between assets. It was built because assets in web3 are currently restricted by their linear data composition. Each asset typically only has one corresponding metadata file and there is no way to create connections between assets in disparate ecosystems. By solving this issue we are bringing real-world-like interactivity to assets.

When the idea for the Asset Register was originally conceived, we envisioned representing digital assets just like assets in the real world. This idea is deeply rooted in our vision of augmenting the metaverse, and it is present in all of our products. The concept aims to blur the line between digital and physical, creating a unified experience that brings tangible meaning to digital ownership. This vision has driven every stage of development, guiding us through both the initial challenges and ongoing enhancements.

The Journey to a Custom Ledger System

Initially, we experimented with a smart contract-only approach, which would have allowed us to directly benefit from the verifiability and security of a Layer 1 (L1) network like The Root Network or Ethereum. However, we faced several challenges:

• High gas fees: Making it costly for users to interact with assets.
• Slower verification: Resulting in delays that were unsuitable for our intended user experience.
• Limitations to rich features: Smart contracts alone couldn't support the dynamic, evolving nature of the asset relationships we wanted to create.
• Limited cross-chain compatibility: Bridging between different chains presented both technical and user experience issues.

These limitations led us to develop a more suitable solution using a purpose-built ledger. This system provided the flexibility needed to create a rich user experience without compromising the core principles of blockchain-based security and verifiability. The system was built to overcome the cost and speed limitations to help make it a foundational pillar for the future of asset management in the metaverse.

Key Principles of the Asset Register

Cross-Chain Accessibility

The most crucial feature of the Asset Register is its accessibility across multiple chains that support NFT and SFT standards. Starting with EVM chains, we have enabled cross-chain interactions via asset linking, removing the need for bridging and allowing creators to use their preferred blockchain. This approach is being utilised by The Next Legends collections, where users can equip their boxers—which can be owned on Ethereum or The Root Network (TRN)—with accessories minted on The Root Network.

Our approach to cross-chain accessibility focuses on giving creators maximum flexibility. By eliminating the need for traditional bridging, we have simplified the user experience and reduced potential risks and complexities. This cross-chain support extends beyond just compatibility; it brings true interoperability, allowing assets to seamlessly interact and be enriched by elements across ecosystems.

Interoperability

Inspired by token standards like ERC721, ERC20, and ERC1155, we aim to create a standard that allows any party to plug into the system. Our schema system describes compatible "equips" for any asset, enabling developers to dynamically create UIs that work for any asset with a registered schema. This makes interacting with assets more seamless and intuitive, as seen in applications like AR Docs Manage Assets.

Interoperability is at the heart of our metaverse vision. With the Asset Register, we are building an open ecosystem where assets can transcend individual platforms and adapt to new environments. The schema-based approach not only provides flexibility but also ensures that the metadata remains structured and meaningful, enabling a wide variety of use cases. Developers can easily build on top of this system, fostering innovation and collaboration across projects.

Openness and Immutability

The Asset Register is an open system, allowing anyone to interact with it. Any creator can build schemas and register their assets. All transactions are immutable and recorded in the Asset Register history. Instead of chaining blocks, we chain the transactions directly.

Openness and immutability are essential to maintaining trust and transparency within the metaverse. By allowing any creator to contribute and ensuring that all interactions are recorded immutably, we provide a level of transparency that encourages trust. This is particularly important as we begin to fully decentralize the Asset Register where users can confidently engage with assets knowing their integrity is protected.

Design Overview

The core system of the Asset Register follows blockchain principles while making key modifications to enhance performance and user experience. We aimed to design a system that is both technically robust and user-friendly, bridging the gap between the often complex blockchain backend and the front-end user experience that consumers expect.

Transactions

Transactions are designed to be easily readable by users before submission, ensuring transparency without needing custom wallet parsing. Upon submission, transactions are immutable and verifiable, supporting a wide range of wallets for EVM, substrate and XRPL.

This ease of transaction readability is an important feature, as it puts power into the hands of users, ensuring they have full visibility into what actions they are authorising. By integrating with multiple wallets, we also make it easier for users across different ecosystems to interact with the Asset Register, further enhancing its accessibility.

Event Streaming and Transaction Processing

We have developed an event stream that can be subscribed to and used by services such as the PFP viewer in Party Bear Swappables, which updates whenever a user modifies the equip tree of a Party Bear. Technically, there are no blocks; every transaction is processed in sequence, which helps speed up validation while maintaining verifiability.

Event streaming allows for real-time updates and interaction, a crucial element for the dynamic and evolving environments of the metaverse. By allowing services to subscribe to changes, we create a highly responsive and interconnected ecosystem where updates are immediately reflected, enhancing the overall user experience.

Challenges and Solutions

Efficiency and Future Decentralization

One of the primary challenges was creating a system that could perform efficiently while still being suitable for future decentralization. This required a deep understanding of blockchain systems and an innovative approach to overcome existing limitations.

Schema System for apps

We developed a separate schema system as a guide for applications rather than imposing constraints directly on asset linking. This system allows for greater flexibility in managing asset metadata, ensuring that developers can design dynamic and adaptable user experiences without being restricted by rigid definitions. By providing a framework that supports interoperability and scalability, the schema system helps facilitate a diverse range of use cases, making it easier for developers to build and innovate on top of the Asset Register.

Balancing Performance and Decentralization

Performance was a significant concern as we sought to balance the need for speed with the requirements of verifiability and decentralization. To address this, we created a system that uses schemas not as rigid constraints but as adaptable guides, allowing for innovation while retaining consistency. Our efforts towards educating developers and providing robust tooling are critical in overcoming these challenges and making the platform accessible.

Developer Tooling and Early Examples

We also made a big push for developer tooling to educate engineers interested in integrating the  Asset Register. Since the Asset Register is a brand-new interaction layer for assets, visualizing new concepts was crucial. Our first in-house experiences, such as The Next Legends Locker Room and Party Bears Unleashed, helped showcase what is possible and provided developers with tangible examples. These early examples served as proof points for the versatility and potential of the Asset Register, inspiring further innovation and adoption within the community.

The Path Ahead

Decentralizing the Asset Register

Our next steps involve further decentralizing the Asset Register by making it a core protocol on the Sylo Network. In doing so, the Asset Register functionality will become an integral part of the data layer of the metaverse while bringing a new level of verifiability to asset-to-asset relationships across ecosystems. This migration will be seamless, porting existing data and introducing a new transaction scheme that will be familiar to current Asset Register users. We are committed to maintaining accessibility, transparency, and efficiency as we move towards a more decentralized, open metaverse.

By running on The Root Network, we inherit all the security guarantees of The Root Network while ensuring that asset relationships are governed collectively, without reliance on a central authority. This shift will not only improve verifiability but also open up new possibilities for collaboration and community-driven growth. However most importantly, decentralizing the Asset Register is about more than just enhancing security and trust—it is about empowering users and developers.

Ensuring a Smooth Transition

The migration to a decentralized system will be approached carefully to ensure that all existing data is preserved and that users face minimal disruption. Our goal is to make this transition as smooth as possible, leveraging familiar transaction schemes and maintaining the features users value. As we embark on this journey, we are also exploring new ways to enrich asset interactions, including enhanced metadata features, more robust developer APIs, and deeper integration with other blockchain networks.

Future Evolution of the Asset Register

Ultimately, the future of the Asset Register is one of continued evolution. By embracing decentralization, fostering interoperability, and empowering creators, we are laying the groundwork for a truly open metaverse. The Asset Register will continue to grow, adapt, and push the boundaries of what is possible in the digital world, driving the next generation of asset management and digital ownership.

Learn more about the features and custom pallets The Root Network has to offer here. To stay up-to-date with developments and join our growing community, follow us on X and join our Discord.

Overview

We’ve teamed up with XRPL Commons and Futureverse for an action packed two-day training at XRPL Commons HQ in Paris November 4-5. Though a little coding experience is needed, whether you are a newbie or an expert, people of all backgrounds are welcome to collaborate and expand their skills in this emerging technology, and even better is it’s completely free! This two-day session will focus on exploring and discovering how to build for an open and interoperable metaverse with The Root Network and Futureverse.

By the end of this training, students will be able to:

• Understand the vision and principles of The Root Network
• Explore blockchain fundamentals and develop using The Root Network’s APIs, SDKs, and services.
• Gain hands-on skills to build applications with innovative blockchain solutions.

Meet The Instructors

Marco Brondani, Co-Founder and CTO Futureverse

Marco Brondani is a visionary leader in technological infrastructure, spearheading advancements in interoperability and multi-chain blockchain technology. His primary focus is on creating seamless technology solutions that bridge different blockchain ecosystems, making complex technologies accessible and invisible to users. With over two decades of experience, Marco is instrumental in driving Futureverse’s mission to revolutionize blockchain and metaverse technology, enabling open, scalable, and interoperable experiences for the future of the internet. Under his leadership, Futureverse has developed groundbreaking initiatives like the The Root Network and the Universal Blueprint Framework. Marco also plays a key role in forming strategic partnerships at Futureverse with global icons such as FIFA, Reebok, Snoop Dogg, and Readyverse Studios.

Rich Deane, Senior Full Stack Developer Futureverse

Rich (Richie) Deane is a Senior Full Stack Developer and Solutions Engineer at Futureverse. When he's not building user experiences, he's collaborating on Futureverse SDKs and assisting developers in building on The Root Network with Futureverse Tools. Prior to joining Futureverse, Richie ran a web agency in New Zealand for the better part of a decade, working on projects for brands like Volvo, Mazda, and Ramada, among many others.

Agenda

Day 1:

• An introduction to Futureverse and The Root Network
• Intro Developer tools for The Root Network
• Intro to Pass, identity for the metaverse
• Listen to testimonials on working on The Root Network, find out why people choose to develop here and what they learned from it.
• Native runtime vs EVM
• Q&A

Day 2:

• Intro to the Futureverse Platform from a developer perspective
• Understanding the tech behind interoperability for the open Metaverse
• Futureverse's vision for interoperability with the Asset Register, cross-chain services, and Connectibles
• Altered State and Jen, generative AI for everybody
• Q&A
• Networking

What will you learn?

Collaborative Spirit

Led by two experienced instructors, the training will take place at the new office of XRPL Commons, located in the heart of Paris. Participants will engage in a collaborative, immersive and relaxed environment, working closely with the senior devs and fellow developers to code and learn together.

Learning by Doing

Participants will have the opportunity to gain hands-on experience and valuable knowledge in building real-world assets on the  The Root Network and XRPL blockchains. This two-day, free training program is designed for developers who have a keen interest in learning about true content interoperability and an immersive open metaverse.

Contribute to the Community

This training offers a great opportunity to gain skills and make the first steps with the broader XRPL ecosystem with The Root Network and Futureverse.

Space is limited, register now!

Readyverse Studios, has shared a first glimpse at WIP gameplay from battle royale OPEN, and player traversal to Promptopia, an experimental AI sandbox in The Readyverse, both in development on The Root Network. This advanced AI-powered tool brings a new level of creativity and customization to gaming, allowing both gamers and developers to generate environments, objects, music, and more using simple text prompts.

Promptopia offers an immersive sandbox experience where players can turn their ideas into reality. By leveraging the latest in generative AI technology, users can create game-ready assets and environments within The Readyverse ecosystem—a platform already featuring iconic collaborations with brands like Reebok, Cool Cats, DeLorean, and Ready Player One.

Revolutionizing Game Design with AI

What sets Promptopia apart is its seamless integration of generative AI into gameplay, giving players the ability to build and share in-game content without any specialized design skills. From interactive objects to AI-generated soundtracks, the possibilities are endless. The tool invites users to become instant creators, blending multiplayer gameplay with real-time asset generation.

Co-Founders of Readyverse Studios, Aaron McDonald and Shara Senderoff, describe the project as a groundbreaking blend of AI and game mechanics.

“Promptopia builds the groundwork for the user-generated content (UGC) experience in The Readyverse,” they said. “We’re giving players the power to bring their imaginations to life, making prompt engineering a core part of the gameplay. It’s designed to be fun and accessible for everyone, regardless of their technical background.”

Empowering Creators with Simple Text Prompts

At its core, Promptopia democratizes game development. By using the innovative "Altered State" 3D model from Futureverse and music generation platform Jen, players can create fully interactive worlds with nothing more than a text prompt. Whether designing expansive landscapes or composing original soundtracks, Promptopia provides all the tools necessary to shape unique in-game experiences.

This new offering underscores Readyverse Studios' commitment to pushing the boundaries of digital creativity, empowering users to take control of the game design process in an intuitive, social environment. As the gaming industry continues to embrace AI, Promptopia stands as a key milestone in the evolution of user-generated content.

With its debut at Permissionless III, Promptopia is set to redefine the creative possibilities within gaming, allowing anyone to transform their imagination into a playable reality.

The future of gaming is built on The Root Network.

Promptopia is coming early 2025.

Sign up now for early access.

Follow The Readyverse on X.