Verse is a networking protocol allowing real-time communication between computer graphics
the main idea consist in a module capable to act like verse host and client
I tried this protocol long time ago in a 3d application, and in my opinion it worked very good but this kind of software is not practical at all (make try to modeling something with Plasticine with your children hand in the middle, is funny, but not practical )
but for audio , especially for modular, I think will be a hit
it will not work for keep the audio synchronized between computers , both or more artist will keep the patch synchronized in collaborative works.