NFT | meta | Crypto | CatNews

2023-04-21 11:16:17 AI Will 'Accelerate' the Metaverse, Empower Creators: The Sandbox Co-Founder

The use of artificial intelligence, or AI, may speed up the pace at which original work is created in the metaverse, said Sebastian Borget, co-founder of The Sandbox and a speaker at Consensus 2023. “What used to take days before, from ideation and conception, can now take just a matter of seconds,” Borget told CoinDesk.

The Sandbox, a culture and entertainment platform, is a user-generated and virtual gaming tool where users can build, own and sell their gaming experiences. The Hong Kong-based platform’s Game Client was installed over 1.3 million times last year, and has a digital presence in countries including Japan, China, Dubai and Saudi Arabia, Borget said. AI has garnered widespread attention. Some of its use cases, including ChatGPT’s text generator, have been met with warm and not so warm reactions. Open / Comment

2023-04-20 10:08:43 New project: PassimPay
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2023-04-19 21:37:47 ​Lamina1 Is Building for the Open Metaverse

The metaverse industry may be large but it’s certainly not open. As figures such as Animoca Brands founder and CEO Yat Siu or pseudonymous non-fungible token (NFT) collector Punk6529 tout, Web3 should aim to build the “Open Metaverse,” an interoperable space across all, or at least most, platforms. A Web3 ethos points towards breaking down “walled gardens,” or data silos, allowing users to take full ownership of their digital experiences that they can carry from metaverse to metaverse. Lamina1 is a layer one blockchain ecosystem that’s set on providing the infrastructure for Web3 developers to build the “Open Metaverse.” With its user-friendly tooling, onboarding strategies and environmentally friendly approach, Lamina1 aims to help the metaverse hold true to a Web3 ethos. The project was founded in June 2022 by Neal Stephenson, author of the famed science fiction novel “Snow Crash,” for which he coined the word “metaverse,” and Peter Vessenes, an early cryptocurrency adopter and experienced Web3 venture capitalist. The two metaverse architects wrote a white paper that sets out to solve the interoperability issue of the decentralized virtual world. Open / Comment

2023-04-18 22:36:16 And the crypto market cap is back up above $1.25T. Open / Comment

2023-04-17 21:02:17 MonkeDAO plans to buy rights for the popular monkey NFT collection on Solana called Solana Monkey Business (SMB). SMB currently has a floor price of 223 SOL (about $5,427) and has done over $1.8 million SOL (about $43 million) in trade volume. Open / Comment

2023-04-16 11:06:35 NFT warranties can help mass adoption of the technology, says Web3 exec

The Web3 space has seen its fair share of exploits in the recent past, with more than $320 million exploited by hackers in the first quarter of 2023.A new nonfungible token (NFTs) warranty service from Web3 payment provider Wert and insurtech service Avata is trying to troubleshoot the asset security gap for both active and prospective collectors.

According to the announcement, the opt-in warranty for NFTs will cover up to 90% of the value of the digital assets for any NFTs compromised in a smart contract hack.The service will be available on nearly 80 digital asset marketplaces, including the KnownOrigin NFT marketplace.The NFT protection will be charged at 6% of the asset cost at checkout, and coverage will be calculated by the purchase price rather than the current market value. Open / Comment

2023-04-15 20:57:37 ​JACK&JONES India steps into the future with the METAVERSE themed capsule collection

Bringing the best of high-street fashion in an all-new avatar, JACK&JONES unveils a Metaverse-themed capsule collection as part of their SPRING/SUMMER 2023 collection. Bridging the gap between style and augmented reality, the new collection boasts an array of bright and playful colors that are ideal for Summer. This limited-edition capsule is an innovative play on 3D augmented reality. Available in stores across India in early April 2023, the new JACK&JONES METAVERSE collection is now available in all stores and is priced at INR 1499 onwards. The in-store experience is not to be missed if one wants to encounter one-of-a-kind experience. More than a quarter of a century ago, we set out to take on the world. We were just a few guys with our first jeans collection and a passion for denim that couldn't be denied. Many years later, we're still just one of the guys and it's still all about jeans, but we've added a few more people to our team along the way. And yes, we know it takes more than a pair of good jeans to cover a guy's wardrobe needs. Open / Comment

2023-04-13 21:02:57 According to a court filing in California, Twitter Inc no longer exists. Instead, it has been merged into Elon Musk's X Corp. which has ambitions of becoming an "everything app," according to Elon.

Many in the tech community suggest that X Corp. will aim to become like China’s WeChat, which supports messaging, payments, ride-sharing, food delivery and other services all in one app. Open / Comment

2023-04-11 22:47:16 OpenSea Releases New Wallet Function Update Helps Users Simplify Operation

OpenSea announced on social media a number of enhancements, including the wallet feature, aimed at enhancing the platform’s user experience. The wallet has been updated to simplify ETH packaging/unsealing even more, to provide real-time balance refresh, and to update the collection order mode. The service will be simpler when the new function is updated, and network navigation will be easier after the in-app blockchain transition.

OpenSea announced wallet upgrades to further simplify ETH packaging/unsealing, support real-time balance refresh, collection order mode update, added NFT quotation depth option and quotation option added NFT feature filter.At the same time, users can accurately understand their transaction amount and view the latest floor price and maximum bid in real-time. Open / Comment

2023-04-10 18:58:58 ​The Rolling Stones one-of-one NFTs that aren’t NFTs

Instead of calling the limited edition NFTs, which accompany vintage, real-life photo slides, the companies handling the drop are calling them Digital Certificates of Authenticity, or DCOAs. The strategy follows recent trend to avoid using NFT terminology when launching a collection of digital collectibles targeting mainstream consumers. The companies managing the drop, OneOf and Globe Entertainment, are using the term Digital Certificate of Authenticity, or DCOA. The trend of companies shying away from calling digital assets or tokens with utility NFTs in favor of more generic terminology like digital collectibles appears to be gaining momentum, especially when geared towards mainstream consumers. A recent promotion for a Nicolas Cage vampire movie, Fox Entertainment using tokens as loyalty passes for fans of its show “Masked Singer,” and Reddit's avatars are all examples of NFTs being issued without using the term itself. NFTs have come to carry a negative connotation for many as scandal and major price deterioration have plagued the digital-assets market, causing some people to sour on the once hot space. Open / Comment