The creator, who collaborated with Beyonce, aspires to create a’metaverse that your grandma can understand.’

<p>Consider a personalised online environment in which a user's Instagram images are shown in a museum collection and their favourite songs are played in a virtual club open to the public. Then consider the possibility of selling items inspired by your personalised universe.</p> <p>That is the goal of a new firm called Auggy: to allow everyone to establish their own metaverse.</p> <p>"We're attempting to develop a Metaverse that your grandmother can comprehend," Sidney Swift, founder and creator of Auggy, told Yahoo Finance in an interview.</p> <p>According to the music producer turned technology guru, each person already has their own digital world that spans multiple platforms on the Internet. He is enabling anyone to construct their own Metaverse by consolidating their online presence, dragging and dropping all their Instagram photos, preferred Spotify songs, and Youtube videos into one location, thereby establishing their own digital universe.</p> <p>"It's hyper-focused on their own identity and then enables them to monetise that digital identity," Swift explained. </p> <p>Swift is pitching Auggy to appeal to both newcomers and seasoned cryptocurrency users. Users are not required to have a crypto wallet. And as more individuals gain familiarity with crypto, Auggy will assist them in ascending to higher realms of the metaverse.</p> <p>Platform users possess their own metaverse in the form of a non-fungible token (NFT), which they may buy and sell. Users can export their Metaverse to Facebook, build digital games on the platform, and licence them to PlayStation or even to Pixar.</p> <p>According to the designer, NFTs will explode in popularity by 2022 – and their applications in music are only getting started.</p> <p>"We haven't even scratched the surface of how an NFT can be used to promote not only a song, but also lyrics, melody, behind-the-scenes film, and an artist's entire album and brand," he explained.</p> <p>Swift anticipates including fans in the songwriting process by launching an NFT campa