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Showing posts with the label web3

It’s Official! Metaspace Licensed by RAK DAO in UAE

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The Graph: Powering Web3's Data with Decentralization

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In this episode, we are joined by Eva, Director of The Graph Foundation, to discuss the current state and future of The Graph and the broader Web3 ecosystem. We explore key topics such as AI integration, decentralized data, and how The Graph is expanding its offerings for developers. We also touch on the challenges faced by the Web3 developer community, the role of the GRT token, and the impact of decentralized data in addressing misinformation and information bubbles. The audio transcription was generated by GPT, so there may be some errors. Please listen to the full podcast: YouTube Spotify Brief Intro to Eva and The Graph Ehan: Welcome to WuBlockchain Podcast. Today we have the pleasure of being joined by Eva, Director of The Graph Foundation. We will explore The Graph journey and its exciting innovations. Eva, welcome. Can you briefly introduce yourself and share the development history of The Graph? Eva: Hi, thank you so much for having me. My name is Eva. As you mentioned, I’m or...

Reebok taps Futureverse to expand web3 experience with AI

American fitness brand Reebok has entered into a collaboration with web3 startup Futureverse. As per an X thread published by Futureverse on Dec. 7, 2023, Reebok is set to dive deep into the web3 with its new initiative dubbed “Reebok Impact.” While the details of the collaboration were not disclosed, Futureverse says the Reebok-focused venture will debut in 2024, featuring a “heart-bending digital shoe experience that will allow mass consumers to dive into artificial intelligence and digital wearables.” Thrilled to announce our exclusive partnership with @Reebok to leverage our AI and metaverse technology to revolutionize digital fashion. Together, we introduce @ReebokImpact. Coming 2024. pic.twitter.com/30Qk02aujk — Futureverse (@futureverse) December 7, 2023 You might also like: Adidas announces collaboration with NFT artist Fewocious In a commentary to WWD, Daniel W. Dienst, Executive Vice Chairman of Tactical Opportunities at Authentic...

Breaking: Web3 platform Galxe is hacked, multiple users report lost funds

Web3 platform Galxe experiences a security breach, as several users report losing access to their funds and wallets. Leading web3 community-building platform Galxe has suffered a security breach. Multiple users have report ed being unable to access their funds and wallets on the platform . The Galxe website is also down.  The platform has posted multiple cautions for users to disconnect their wallets from the platform and not to confirm any transaction. According to the latest information, the breach was the result of a DNS account conducted through the platform’s domain nameservers on Dynadot, a domain marketplace. Update: We’ve detected a security breach affecting the DNS record for “https://t.co/yxdPH0SijN” through our Dynadot account. Please refrain from visiting the site from all channels while we are resolving the issue. Your safety remains our utmost priority. — Galxe (@Galxe) October 6, 2023 Users have been urgently advised to transfer funds from their Galxe acco...

AI has an energy problem — Blockchain is here to help

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As AI and cloud computing become more popular, their environmental footprint is bound to grow. However, blockchain can help make these technologies more sustainable. As the meteoric growth of AI and cloud computing takes an unspoken toll on the environment, blockchain-based distributed networks like CUDOS can create a sustainable future for AI. In the past, Bitcoin (BTC) was targeted because of its high electricity usage and its consequent environmental impact. It took the combined effort of the mining industry and Bitcoin advocates to kick off numerous renewable energy initiatives, which resulted in the share of “green energy ” in the Bitcoin mining industry growing to over 58%. As Bitcoin carved a sustainable path into the future for itself, another technology started causing qualms in parallel with its explosive growth — artificial intelligence (AI). Sure, it’s fun to ask trading advice from ChatGPT or order a funny portrait of a president on Midjourney, but AI relies on countless...

Limited-edition NFTs unlock access to crypto casinos

Casinos and iGaming are coming to Web3 — with an exclusive new pass granting VIP access and a range of perks. Casinos and iGaming are coming to Web3. Degenverse offers exclusive passes that serve as an entry point to its ecosystem — not to mention a portfolio of casinos that offer an immersive experience.  According to the team members, few projects have focused on the exciting iGaming niche, let alone casinos and online betting. And while some online betting platforms do accept crypto, few offer access to a portfolio of different casinos. The crypto project is backed by BC Game, a community-based casino that offers a plethora of slots and live card games for users to enjoy. It's offering something known as the Degen Pass — a collection of 1,777 NFTs based on the Ethereum blockchain. Beyond granting access to its immersive, customizable digital world, owners are also set to benefit from an array of exclusive perks . There are three ways of getting hold of a Degen Pass. One is to ...

Not quite to the moon: Aussies offered NFT that could send them to space

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The NFT offering is part of a promotion celebrating the launch of Web3 marketplace Crypto Competitions. Australians may not ever see their nonfungible tokens (NFTs) take them “to the moon,” but they might be able to get to the next best place — the edge of space. Crypto Competitions, an Australia-based Web3 sweepstakes startup, has recently signed a partnership with stratospheric exploration company World View, offering its NFT holders a 1-in-7,000 chance to win a priority seat in a World View space flight in 2024. Speaking to Cointelegraph, Harls Cannard, managing director of Crypto Competitions, said the sweepstakes was a way to celebrate the launch of his Web3-powered marketplace, which uses NFTs and prizes as an incentive to join its discount rewards program. “Everyone in crypto talks about like, when are we going to get a Lambo, and when are we going to the moon?” Canard said he thought the space flight was a “great way to launch,” even if it wasn’t necessarily sending someone “...

Swipe right: A Tinder-like approach to venturing into DeFi and Web3

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Investing in DeFi and Web3 is now super easy with this platform, aiming to make crypto accessible to all. Investors use multiple tools to explore, invest and manage decentralized trading. This platform brings together the best of all worlds in one simplified interface to make investing in Web3 easier for all investors. Legendary investor Warren Buffett once said that we should never invest in businesses that we don’t understand. Web3 is a new market and it’s evolving fast. While understanding all intricacies of decentralized networks might be unachievable, this shouldn’t lead to lost opportunities. Ways to participate in DeFi and Web3 Investors can get exposure to DeFi in so many ways. Here are some of them: Investing in digital assets. Crypto holders can explore digital assets on decentralized exchanges (DEXs) and build noncustodial portfolios, meaning that they hold tokens in their personal wallets while interacting with the apps. Crypto tokens are highly volatile and prone to pric...

Travel will create a new wave of Web3 mass adoption: Here’s how

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The travel industry can create a new wave of mass adoption in Web3, and over 140 companies are already working on it. The travel industry has long been a behemoth, catering to the diverse needs of nearly 2 billion digitally savvy users each year. When it comes to technological innovation, however, it has remained a sleeping giant.  That is, until now. The industry is finally waking up to the transformative power of Web3 technologies and stands on the precipice of a profound revolution that will reshape the way people travel. This shift is not just about shaking up a colossal $850-billion business — it goes far beyond that, and focuses on leading a path toward simplicity, efficiency and standardization that is long overdue. Total users in the travel industry are expected to exceed 2 billion by 2024. Source: Statista The future of the travel industry is here Imagine a world where changing the name on a ticket or registering a pet for a flight becomes hassle-free, streamlined and efficie...

Astar Foundation partners with NTT Digital to foster web3 innovation and drive adoption

Astar Foundation, a smart contract platform for multi-chain solutions, has partnered with NTT Digital, a subsidiary of NTT DoCoMo, one of Japan’s leading telecommunications companies, to advance the innovation and mass adoption of decentralized technologies. Astar Foundation partners with NTT Digital The partner ship will primarily focus on two key areas. Firstly, by recognizing the shortage of web3 talents as a barrier to mass adoption , Astar Foundation and NTT Digital will collaborate to support individuals aspiring to pursue careers in the domain. The initiatives will include developing the abilities and skills of interested participants, providing practical opportunities for experience, and creating a community focused on collaboration, allowing talents and projects to connect. You might also like: Sony Network Communications and Astar Network’s joint Web3 Incubation Program Demo Day set for June 18 Secondly, since the web3 space is still in its early stages and...

NFTs backed by real-world items: The new gold standard in AI-based gaming?

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Real-world items are increasingly being tied to nonfungible tokens — and it’s a trend that’s set to shake up the world of gaming. The NFT market is continually evolving — and there’s one intriguing trend that’s enhancing their utility even further: tying digital assets to real- world items . Some applications have been more tongue-in-cheek than others. Charmin got in on the action by transforming toilet rolls into digital art, accompanied by a physical display that could become the centerpiece in the owner’s bathroom. On the other end of the spectrum, CryptoPunk holders were given the chance to transform their avatars into bespoke Tiffany & Co. pendants, in which a small number of nonfungible tokens were sold that entitled the owner to an exclusive piece of physical jewelry, which sold out in a blink. Linking NFTs to rare collectibles can also have advantages. Vintage bottles of Japanese whiskey recently made the leap, with tokens verifying authenticity and ownership. Under this ...

How to use Solana Saga to buy and sell crypto

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The first mobile by a blockchain company, the Solana Saga was launched in April 2023. Can users benefit by using Saga for crypto transactions? Solana Saga, the Web3 mobile phone Solana launched its Web3 mobile phone, the first of its kind, in April 2023. The phone packs all the usual functionalities users have come to expect from a smartphone and tops it up with a Web3 experience. It includes a decentralized application (DApp) store and seamless integration across crypto wallets and DApps. Saga has been tagged as the phone “that keeps on giving.” The phone has been on pre-order for several months, and those who pre-ordered enjoyed airdrops like the “Saga Pass.” Holders of the Saga Pass also received several art airdrops in the form of nonfungible tokens (NFTs) leading up to the April launch. On April 13, 2023, Anatoly Yakovenko, co-founder of Solana, went on stage to announce the launch of the phone and its Features . First reactions The phone arrived a few weeks late for European us...