5 days ago • cryptodaily
Fog Works Launches Foggie Max, World’s First Personal Web3 Server
Sunnyvale, United States, 14th March, 2023, ChainwireRevolutionary Device Helps Consumers Escape from Big Tech, Monetize their Hardware & Data and Protect their Digital Assets
Fog Works, a Web3 software company focused on developing solutions on the Datamall Chain, today announced Foggie Max, the world’s first personal Web3 server. Foggie Max is a consumer device that uses cutting-edge Web3 technology to deliver tangible benefits for everyday consumers and promises to be an essential on-ramp to Web3. Foggie Max can be purchased at a launch discount via crowdfunding website Indiegogo over the next 30 days here.
Online consumers are overly reliant on Big Tech, leaving them vulnerable to service disruptions, price hikes, changes in terms and conditions, and occasional censorship. Additionally, Big Tech collects massive amounts of data from consumers, resulting in massive data breaches, privacy violations, and billions in oligopolistic profits.
This all starts to change with Foggie Max, the world’s first personal Web3 server.
"Today marks a new beginning of a new era,” said Xinglu Lin, CEO of Fog Works. “Foggie Max is the first consumer device to truly put the power of decentralization and Web3 into the hands of everyday consumers, so they can start freeing themselves from the clutches of Big Tech. It all starts now.”
Foggie Max shifts power from Big Tech to individual consumers in multiple ways.
Access to Ultra-Private dApps
Owners of Foggie Max will be able to purchase and download decentralized apps – or dApps – to their Foggie Max, just like users might download apps from Google Play or Apple App Store.
Once downloaded, these dApps belong to the user forever – they can never be remotely deactivated or discontinued. These dApps will also not have any monthly fees associated with them.
Any data generated by these dApps will only be stored in the user’s Foggie Max, greatly enhancing the user’s privacy.
Fog Works will develop some core dApps and encourage the development of third-party dApps. dApps already under consideration are a dApp that backs up all your smartphone photos; a private search engine; a private email server; a blog server; clubrooms with membership-only content; electronic patient records; in-home health & activity monitoring; video streaming; and digital wills.
Over time, these dApps will reduce consumer over-dependence on Big Tech and enables consumers to become arbiters of their own data.
The Ability to Merchandise and Monetize Personal Digital Assets
Every file stored in Foggie Max will have a permanent URL recorded on the blockchain. Users can manage access controls for each file: 100% public, 100% private, or semi-private by giving specific Decentralized Identifiers (DIDs) access. Users will also be permanently recorded as the creator of every unique file stored in their Foggie Max, mitigating digital piracy/misattribution.
Foggie Max owners can sleep soundly, knowing that their public content will download fast via both Web2 and Web3 browsers. Furthermore, the Foggie Network will automatically edge cache popular public content, improving the download speed and availability of public content.
Foggie Max owners can mint NFTs in bulk with no code from any type of file – picture, collage, audio, video, or even raw text data like your browsing history. They can then merchandise their digital assets in a fully decentralized marketplace – to accumulate likes and tips, or sell their digital assets outright -- with their Foggie Max powering their presence in the decentralized marketplace.
The Ability to Monetize Personal Hardware
Each Foggie Max ships with a 1 to 4-terabyte solid state drive, or SSD. Foggie Max can automatically share idle storage capacity with the Foggie Network, allowing its owner to earn crypto rewards in exchange for honoring data storage deals. All of these deals are automatically created on the Datamall Chain, a blockchain-focused on creating an efficient marketplace for decentralized storage.
In addition, every Foggie Max has 2 USB 3.0 ports. Users with extra USB drives can attach those drives to Foggie Max and share that extra storage with the Foggie Network and earn crypto rewards.
Disaster-Proof Data Storage which is Private, Secure and Market-Based
Users can store private data on their Foggie Max, and they can make off-site backups to the Foggie Network to make their data disaster-proof. These off-site back-ups are:
Completely secure: private backups to the Foggie Network are always completely encrypted. Only the original owner with the encryption key can decrypt the files.
100% private: Off-site backup deals are created on the Datamall Chain, and the Datamall Chain is completely private. The owner of the data won’t know whose machine(s) his/her data is residing on; and the owner of the machines(s) won’t know whose data is on their machine.
Priced fairly: No one large Tech Giant sets oligopolistic pricing for these off-site data back-ups (and the price of data egress). The price of these off-site data stores is entirely market-driven, because the Datamall Chain is a fully decentralized marketplace that measures the fair market value of decentralized storage.
Foggie Max is the only consumer device on the market to give its owners unprecedented access to dApps, the power to monetize both their data and hardware, and help them protect their data. Foggie Max achieves this by leveraging both the Datamall Chain (as desdcribed above) and CYFS, a next-generation Web3 protocol that enables the complete decentralization of applications and completely replaces HTTP, TCP/IP, and DNS.
About Fog Works
Fog Works, formerly known as W3 Storage Lab, is a Web3 software company headquartered in Sunnyvale, CA with operations around the world. Its mission is to leverage the power of Web3 to help people manage, protect, and control their own data. Fog Works is led by an executive team with a highly unique blend of P2P networking experience, blockchain expertise, and entrepreneurship. It is funded by Draper Dragon Fund, OKX Blockdream Ventures, Lingfeng Capital, and other investors. For more information, visit http://fogworks.io. ContactCMOThi ThumasathitFog Works, [email protected]
13 days ago • cryptodaily
Functional Metaverse Spaces Will Open New Opportunities
Metaverse technology is making a resurgence at the start of 2023, after the recent revival of the cryptocurrency market and the recent and significant advances in AI technology. With a change of fortunes in the market encouraging further development in the metaverse space, new opportunities are on the horizon.
For the metaverse to truly succeed and reach its full potential, however, it must become multi-functional and future-proof. What is meant by this is that it needs to be a space where people can engage with content, gaming, fashion, other people, income-generating opportunities, creative expression, businesses, arts, competition, and so much more. Less niche, more inclusive. What this indicates to developers is a need for dynamism, adaptability, and intelligent design that allow for the integration of a diversity of industries, users, and technologies. Nobody should feel excluded from the Metaverse if it really wants to transform the way people work and play.
Who Benefits Most from a Multi-Functional Metaverse?
Objectively speaking, those who will benefit most from a multi-functional metaverse will be those who grab the bull by the horns and attempt to do the most with it, and perhaps those who move first to get that early-mover advantage. Those who invest the most have the largest risk-reward opportunity, and those who explore numerous metaverses will have the best chance of finding their unique and potentially lucrative space.
Beyond the builders and architects who structurally form the metaverse spaces with their code, it will be the creatives who will bring life and colour, showcasing and monetizing their work in new and unconventional ways. Those who embrace the risk-reward opportunity. Those who innovate and accelerate. Those who create and express. The artists, musicians, and performers will use the metaverse to reach global audiences without the limitations of physical space or time, as artists like Steve Aoki, Travis Scott, and Ariana Grande have proven. NFT art galleries and virtual venues already exist in small niche metaverses, but as the ambition of their immersive spaces grows, they will be able to engage and interact with new audiences on deeper levels than previously thought possible.
Another aspect of digital experience that will create new opportunities is how we present ourselves in the metaverse. Fashion designers will be keen to leverage the use of avatars to explore their ideas for the fashion industry. Not only can digital fashion and accessories be monetized in metaverse spaces, but they can also be used as trials to see what is popular and grabs attention. There already exist phygital metaverse spaces where avatars are created to your exact body measurements so that users can pre-wear clothes in digital form before making the physical order. The potential to use colours, patterns, and materials that may not be feasible in the physical world adds another layer to the potential creativity that can be explored.
Beyond music, art, and fashion, a multi-functional metaverse needs games, and this is something many of the larger projects in development are focusing on. Gaming is often considered the segue to success for the metaverse. If the gamers get on board, others will follow, and that’s why Fortnite, Roblox, and Minecraft were among the first to create their metaverse projects and make their games social as well as entertaining. Instead of selling consumables in a one-way transaction system, metaverses are holding land sales for advanced customisation and gaming integration. Metaverses like Heroes of NFT’s ‘Luminoria’ are building out unique reward paths, introducing economic models for real-world gain such as virtual real estate, selling advertising and sponsorship deals to major brands, and even designing competitive PvP gaming with tangible prizes. All the signs point towards a fun and engaging metaverse experience for future participants.
Another aspect of great importance for any successful multi-functional metaverse is communication. This will play a huge role in opportunity creation in the metaverse. Major players like Facebook, Twitter, and Instagram are already developing their metaverses and experimenting with the technology. How soon before the timeline disappears and our updates are connected to avatars wandering around in virtual realms, blending art, gaming, social media, and more into one space? What if, rather than uploading a photo to a stream of other photos, like on Instagram, your avatar is able to hang up the image in their own virtual gallery, living room, or store, for others to visit and admire or interact with? What if #hashtagged content leads you to thematic worlds for deeper engagement, learning, and new revenue opportunities? The potential is yet to be truly discovered.
The Economic Opportunity & Beyond
Beyond creators monetizing the content they create to enhance the metaverse experience, the industry will generate millions of economic opportunities in the form of jobs, advertising opportunities, P2E gaming mechanics, entertainment (imagine Netflix partnering with a metaverse to premiere their shows in advance), and phygital sales (the combination of physical and digital in the retail experience). The industry will need developers, architects, designers, marketers, publicists, and so much more to bring their skills to the table. At the same time, metaverse-related sectors will emerge, creating untold entrepreneurial opportunities and micro-businesses for users of the metaverses who form ideas for what they can uniquely bring and capitalise on.
A truly rewarding human-centric and multi-functional metaverse takes into account the diverse needs and preferences of its users and caters to those needs. Opportunity is not simply about financial gain. For example, it may offer social spaces for communication to those who are isolated, entertainment spaces for gaming or events to those with physical limitations, educational spaces for learning in countries where education is under threat, and workspaces for collaboration for globally distributed teams. These functions can be combined and customized to create unique experiences for each user, all around the world. A human-centric multi-functional metaverse prioritizes accessibility, inclusivity, and privacy, ensuring that everyone can participate and feel comfortable in the virtual environment.
The metaverse has the potential to revolutionize the way we work, play, and interact with each other, leading to a new era of economic growth, innovation, and human connection.
What Will Most Functional Metaverses Look Like?
As metaverses and their technology evolve, we will witness progress, disruption, and a digital revolution happen before our eyes. Advances in audio, video, tokenomics, communications, and more will all develop side-by-side as we enter the future of social interactions. In this future, it will not only be gamers who spend hours engaging with the content, but businesses, advertisers, communities, designers, creatives, and more. All of those who are not yet playing around with existing metaverses will be looking for the project-in-development that really offers the multi-functional requirements needed to serve an enormous audience.
An example of a project that is building a functional metaverse space is Heroes of NFT. This futuristic world, built on the Avalanche blockchain which is low-fee and scalable, gives the affordability and technological foundations for a thriving and limitless metaverse. Phosphania, the primary space station inside the Luminoria metaverse, will offer incredible social and entertainment spaces, like cinemas, plazas, and malls, to make the experience realistic and futuristic at the same time. Key to the success of this Web3 space will be a functioning economy that finds ways to incentivise long-term gameplay, continuously integrates new ideas, and encourages creators to innovate and contribute. The creator economy will see HON’s virtual spaces as burgeoning playgrounds for expression, reward, and adventure.
Human-centric metaverse spaces like Luminoria will do something that few developments have done before - effectively collaborate and integrate other worlds and ideas by way of cross-chain development. Everyone loves when their favourite TV shows cross over, but what if your favourite videogames, social media channels, celebrities, artists, and brands could all merge into the same space? That’s the kind of truly functional, opportunity-laden metaverse we can expect to see one day.
Final Thoughts: Metaverse Opportunities Need Human Drivers
Ultimately, human-centric functional metaverses will bring with them spaces that enable people to achieve their goals, connect with others, and explore new possibilities in a safe and engaging way. By prioritizing the human experience, the metaverse can create new opportunities and unlock the full potential of digital technology for the benefit of society, as well as for personal financial gain and creative expression. This is, by all means, the best-case scenario for the development of these virtual words.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
23 days ago • cryptodaily
Spotify Looking Into Web3 Wallet Integration
The music streaming service is working with different digital asset companies to test NFT-enabled playlists for token holders.
Spotify Pilot Spurs Demand For Audio Tokens
Spotify, which is the world’s largest music and audio streaming platform, is dabbling in an experiment about token-enabled playlists. The feature, if enabled, would allow NFT holders to connect their wallets to the Spotify app and access music collections curated by certain blockchain-based companies, like Overlord and Kingship. The feature is already live for testing for Android users based in the United States, United Kingdom, Germany, Australia, and New Zealand.
A spokesperson for Spotify, who was asked to elaborate further on the news, gave the statement:
“At Spotify, we routinely conduct a number of tests in an effort to improve our user experience. Some of those end up paving the path for our broader user experience and others serve only as important learnings. We have no further news to share on future plans at this time.”
The announcement has led to an increased demand for Web3 music tokens. Blockchain companies like Viberate (VIB), Audius (AUDIO), and Rhythm (RHYTHM) all recorded significant surges in token values since the pilot was announced.
Overlord Announces Invasion Playlist
On Thursday, blockchain gaming company Overlord announced on Twitter that it was one of Spotify’s partners for the pilot of the Web3 integration. Their playlist, dubbed Invasion, which has been curated by the Overlord community, would be accessible to the Creepz NFT holders in the above-mentioned countries.
The team tweeted,
“We’ve been selected as one of Spotify’s partners in a new pilot…Access our Invasion playlist by connecting your Web3 wallet on Spotify…This is just the beginning of our audio adventure…Explore our first community-curated playlist now.”
Bored Ape Joins Spotify Pilot
Other blockchain platforms are also participating in this pilot, which will be tested for three months. These blockchain companies include Fluf, Moonbirds, and Kingship. While the first two have yet to share any details of their involvement in the pilot project, Kingship (virtual metaverse band featuring Bored Ape characters) has tweeted about its participation.
“We, KINGSHIP strive to ALWAYS be at the forefront of technology and music. Now, we're taking this commitment a step further by launching a brand new token-enabled playlist with Spotify…We're all about unlocking real value for our community and pushing the boundaries of music and blockchain, and having our holders be at the forefront of this space.”
The Kingship playlist features some major artists like Queen, Missy Eliott, Snoop Dogg and Led Zeppelin and can be accessed by the KINGSHIP Key Card NFT.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
24 days ago • cryptodaily
WazirX Closes NFT Marketplace
The WazirX NFT marketplace, which was launched two years ago, has been shut down due to uncertain market conditions.
No More NFTs On WazirX
On February 22, the Indian crypto exchange WazirX announced that it was shutting down its NFT marketplace due to low activity and challenging business environments caused by high taxation, regulatory trouble, and overall market instability, which had invariable rocked the virtual digital assets (VDA) segment.
According to the company spokesperson, who made the announcement,
“We regret to announce that the WazirX NFT Marketplace has been sunsetted. We are proud to have launched India's first NFT Marketplace in June 2021, which showcased the work of many creators. Unfortunately, it did not gain much traction.”
Buyers To Move To OpenSea
The platform, which was launched in 2021, featured non-fungible tokens like digital art pieces, audio files, videos, programs, tweets, and all kinds of digital goods and services. With the marketplace now shutting down, users will still be able to hold their pre-existing NFTs in their own wallets. However, if they want to sell them or trade NFTs in any way, they would have to turn to other marketplaces, like OpenSea.
The spokesperson thanked the platform’s users and partners, saying,
“We are proud of the contribution that we have made to the NFT sector in India. We have provided a platform for creators to showcase their talent, and our efforts have helped put the spotlight on many Indian creators.”
Market Posing Challenges
The last Budget meeting announced severely heavy taxes on the crypto market in India. The 30% income tax on profits and 1% TDS on all VDA transactions have crippled India’s crypto transactions, resulting in the loss of over 90% of trading volumes on the WazirX platform.
The challenges continued with the volatility in the global crypto market due to the collapse of Three Arrows Capital, FTX, Celsius, and other crypto institutions. As such, interest in NFTs, which had spiked to frenzy levels in 2021, has dropped significantly, and the WazirX NFT marketplace has failed to pull in the volume of buyers it had hoped for.
Recently, the WazirX crypto exchange had to factor in the market volatility further and disclose its proof-of-reserves. After the collapse of the FTX ecosystem, investor confidence was at an all-time low. Many crypto exchanges have rushed to disclose their proof-of-reserves to reassure partners, shareholders, and investors of the status of their liquidity. WazirX itself conducted an audit through a third-party asset tracker, which revealed that 90% of its user assets were held in Binance-based wallets.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
31 day ago • cryptodaily
Play-and-Earn Football Prediction App Pooky Announces Availability Of Genesis NFT Collection
Milano, Italy, 16th February, 2023, ChainwirePooky, the gamified Web3 football prediction platform, has launched its Genesis Collection Pookyball NFTs for early access to its gamified, no-risk alternative to betting. It follows the public beta of Pooky that launched in November 2022, which saw over 450,000 predictions made, with an average of 7,000 active monthly players.
With Pookyball NFTs, players will be empowered to earn crypto-based rewards for guessing the outcomes of football matches in Europe’s biggest football leagues. Pooky is transforming sports betting with a unique NFT-based prediction game that provides the same thrills, but without the financial risks of traditional gambling. By predicting the outcome of games, number of goals and exact scores, players can climb the ranks of the Pooky leaderboards and earn $MATIC and $POK rewards.
The 1,000 Genesis Collection NFTs were designed by 3D studio Serial Cut, which has worked with brands including Nike, Spotify and RedBull, and will be available to mint starting February 28th. Multiple levels of rarity will be available, with the most scarce NFTs possessing higher attributes to boost players’ prediction strategies.
Pooky will follow up with periodical mints of Regular Pookyball NFTs starting in March, giving everyone the chance to start participating in its predictions game.
Pooky’s prediction game initially supports football, with plans to expand to tennis, basketball and Formula 1 later this year.
During its first phase, Pooky will use its soulbound $POK token to test its in-game mechanics, before transitioning to its native and tradeable $TPK token later this year.
A sustainable tokenomics model
Pooky has created a sustainable economy based on a single, capped supply, ERC-20 utility token ($TPK) for in-game expenses and rewards, using a rewards pool per season and per competition model where tokens are distributed based on in-flow.
Unlike play-to-earn titles that suffer from rampant token supply inflation, Pooky does not award tokens for simply playing. Instead, gamers must demonstrate prediction and strategy skills to top leaderboards rankings to maximize rewards.
When players spend tokens on upgrades to boost their earnings potential, a percentage of those fees will be burnt. These two mechanics combined with a capped supply result in a more sustainable, long-term circular economy that’s absent in most other play-to-earn models. Pooky is built on a “Play-and-Earn” model focusing mostly on gameplay and entertainment, rather than just the earning side.
About Pooky
Pooky was founded in 2022 by Claudio and Stefano Riff. The brothers are big sports fans, and have first-hand experience with existing sports betting platforms and their shortcomings. Pooky was directly inspired by Stefano being blocked from using online sportsbooks for seemingly winning too much from it.
The pair committed to developing an alternative to the traditional betting model underpinned by blockchain technology. The company operated out of the public eye, recruiting senior team members during summer 2022, and was officially incorporated in September.
Pooky raised more than €3 million from pre-seed investors, including Claster Investments VC. Advising the startup is a highly experienced group of managers and executives within the sport, gaming and blockchain industry.
Pooky’s Pookyball NFTs were designed by Serial Cut, a creative and art direction studio for advertising and culture making iconic imagery, animation and extended realities by using digital, physical or virtual techniques. Serial Cut’s clients include Adobe, Converse, Diesel, Facebook, Google, IKEA, Microsoft, MTV, Nike, Lexus, Lyft, Oreo, Puma, Ray-Ban, Red Bull, Samsung, Sonos, SONY, Spotify, Vodafone, WeCom, WIRED, and 7UP, among others.
Website | Medium | Discord | LinkedIn | Twitter | Instagram | WhitepaperContactHead of GrowthGregory Lié[email protected]
67 days ago • cryptodaily
Genuine NFT Artworks Debuted at Art Basel and Venice Biennale Exhibitions
Suppose the Art Basel exhibition floor and the Venice Biennale had anything in common in 2022, apart from hosting mesmerizing works of inspiring art. In that case, it’s the presence of a new form of expressive medium that is making an even bigger impact as a bridge between mind and matter. The Non-Fungible Token (NFT) phenomenon is coming back stronger than ever, despite the recession on the overall market of decentralized digital assets. It seems art lovers speak the same language, as appreciation for expression has taken over the mercantile aspect of digitization, allowing visionary projects to make their statements at both world-leading art events.
The Venice Biennale of 2022, which took place from May to November, hosted “Seven of Swords” by Justin Aversano, displayed at the Decentral Art Pavilion — dedicated entirely to digital artworks. The work, part of the “Smoke and Mirrors” collection, consists of 78 photographs of visionary individuals from the mystical, astrological, tarot, and other metaphysical planes of thought. Designed as unique tarot cards themselves in NFT format, the portrait artworks highlight an otherworldly presence, making the viewer believe in the existence of magic, hauntingly conveyed through the characters’ zealous adherence to their powers.
“Metamorphoses” by Concept2048 is another project with NFT inclinations that made its loud statement at the Venice Biennale’s contemporary art exhibition Personal Structures. Created by a duo of digital artists – Ekaterina Perekopskaya and Rostyslav Brenych — the works, set to be released as NFTs on January 24, 2023, represent various facets of art, stemming from concept and foresight. Indeed, considering that both artists involved in Concept2048 specialize in art fashion and conceptual production, their works leave more questions than answers in the mind of the viewer, tantalizing them with the quintessential one — is there such a thing as a final answer at all?
The subtle games of light and shades of vibrant colors are the focal points in the collection, focusing the viewer’s attention on the contrasts at play and the underlying concept of Universal light, one that dims in our world as it passes through challenges and development phases. The open-ended nature of their creative works sheds light on global issues, like sustainable development, urging and inspiring the viewer to act and take a stance.
The “Metamorphoses” collection made an equally resounding impact at the Venice Biennale, effectively blurring the line between concept and finality. Understandable, considering that it already wields the admiration of a 100,000 community, has experienced full sell-outs at presales, and a 350% price increase since launch. Those wishing to take advantage of early bird opportunities, may join the whitelist available on the project’s website.
“Social Sacrifice” by Studio Drift at Ocean Space is an excellent example of NFT’s merger with the physical. As a representative of the phygital medium, Drift set in motion remote-controlled drones, creating a staggering display of art through light and movement. Each of the 100+ live indoor performances was preserved in NFT format for further sale on the Aorist platform. The Artificial Intelligence involved in modeling the movements of a school of fish represented by the drones was accompanied in its graceful dynamic displays by the visceral orchestral audio design by artist and musician Don Diablo.
Such performances that imprint unforgettable live events as digital memorabilia continue to elevate the status of NFTs as true works of art and cement their perception as worthy additions to the many forms of human expression, and as feasts for the senses.
Another event blending the digital and the physical rocked the Art Basel venue as World of Women made its statement for a thriving community living the dream making inclusivity one of the founding pillars of Web3 space. The WoW collection by Yam Karkai is all about dissecting the stories of empowered and diverse women who were able to leave their mark on the world. The passion that Yam displayed with her vision gave WoW the necessary impetus to become one of the leading NFT brands in the world.
The 10,000 unique pieces of mesmerizing art in the collection, released on July 27th, 2021, sport randomly-generated digital collectibles hosted on the Ethereum blockchain. With their vivid colors, haunting gazes, and outright tribal art styles, the images inspire awe and admiration for the spirit of women who drive the world around them. The World of Women gala at the Art Basel event included a ceremony awarding attendees for digital fashion design, made all the more exciting by music from electronic duo Sofi Tukker. The importance of the collection resides in the fact that it recognizes women’s digital identity through fashion and design, allowing them to leave a tangible footprint in Web3 space.
Clothing brands taking on the NFT medium is not a new phenomenon, but one taken on a new spin around the digital block by ITERATION-02 – a collaboration between 9dcc and Snowfro. Art Blocks founder and creator of the Chromie Squiggle injects a new spin on wearables. The ITERATION-02 collection takes the process of releasing on-chain generative art to the next level by seamlessly converting each creation into an article of generative clothing.
The lineup is ideal for admirers of luxury and digital artworks alike, as the iconic Chromie Squiggle is remixed with the visuals of 9dcc in NFT format, giving each holder a unique T-shirt proudly bearing the resulting digital image. The ability to actually wear unique art forms may not be a new concept in NFT space, but ITERATION-02 certainly shifts it from the inaccessible to the mass market segment, giving a vastly broader audience of NFT admirers to dive headlong into the process of creating digital artworks.
From figment to art
The days of badly-rendered, pixelated NFTs are long gone, as artists are becoming more sophisticated and bolder in how they approach the new medium of art and expression. While collections like Metamorphoses highlight the versatility of NFTs in conceptual medium, others like Drift push the envelope of art’s perception as a static phenomenon and transcend the boundaries of visual and audio performance.
It is precisely the audacity of such artists who challenge the established frameworks of creative concepts that elevates digital art’s standing and status at events like the Venice Biennale and Art Basel. It will take more time, of course, before NFTs become fully mainstream and the stigma surrounding them blurs, but the foundation has been laid. If the pace of adoption persists and the artists continue to unleash their creativity, another bull run for NFT art is well in the making.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
87 days ago • cryptodaily
The Argentine Football Association (AFA) Partners with Upland to Expand the Realm of Fandom of the First Division of Argentina to the Metaverse
Buenos Aires, Argentina, 22nd December, 2022, Chainwire-The strategic partnership will allow AFA to engage fans with a better understanding of how the metaverse works, how to contribute and benefit, while also expanding fan engagement and connecting fans to the teams and players they admire
-The partnership represents the first Argentinian football presence in the metaverse and the first time for Upland to offer exclusive in-game video footage ownership to fans
The Argentine Football Association (AFA), FIFA World Cup Qatar 2022™ World Champions, and Uplandme, Inc. the leading metaverse platform in mapping the real world that already has more than 3 million registered accounts, today announced the signing of an official license agreement to bring the First Division Argentina (Professional Football League or short “LPF”) to the Upland metaverse.
This strategic partnership will allow AFA and LPF to engage Argentinian fans with the metaverse, contributing to the digital community while benefiting from the extensive participation of the global Argentinian football community, connecting users with their teams and favorite players.
Not only does Upland connect fans, collectors and players from around the world in a single virtual network, but the open metaverse platform also has various gamified opportunities for users to interact with a complete set of iconic Argentine football digital collectibles including teams, Clubs, Players, Tickets, Gameplay Footage, Historical Moments, Platform Exclusive Moments, and the Official Upland Market.
This agreement is a further expression of the internationalization of the Argentine Football Association and the reach of the Argentine Professional Football League brand, attracting new fan audiences: global gamers, web3 enthusiasts and collectors of digital assets in virtual markets.
This deal represents the first presence of Argentine soccer in the metaverse and the first time Upland has offered exclusive ownership of in-game video to its fans. During the next four years, a new source of income will be created for the Argentine Professional Football League, through the acquisition by the user of multiple assets of virtual goods licenses.
Through this strategic partnership, Argentine soccer fans will gain a unique experience within the metaverse benefiting from a community environment focused on first division football.
Unique to Upland, fans can start virtual businesses to resell LPF virtual goods and other digital collectibles in player-owned and operated shops located on their virtual properties – including the 22 cities that are already open in Upland. Upland’s agreement with the Argentine Football Association also expands its involvement with global and European football following the recently launched partnership with FIFA, where fans are able to get access to the highlights of the FIFA World CupTM including the goals of the final as digital collectibles.
Claudio Fabian Tapia, President of AFA, said: “We are very happy to present this new commercial strategic agreement with Upland. The Argentine Professional League has long awaited opportunities to take advantage of emerging technologies to enhance our League's fan experience. This agreement allows us to partner with the best creators of technology and new digital products and thus generate a new source of income for all participating clubs. We welcome Upland as a new commercial partner of our Argentine Football Association and the Argentine Professional Football League.”
Dirk Lueth, Co-founder and Co-CEO of Upland, said: “We are thrilled with the completely loaded licensing agreement and partnership with the AFA to continue to expand Upland’s footprint and community around the world. With AFA, we are able to offer more opportunities than ever before to Argentinian fans new and old, empowering them with the true meaning of web3, which is community-focused and entrepreneurial, allowing fans to contribute ideas and creations to showcase their team pride in engaging new ways.”
Leandro Petersen, Chief Commercial Marketing Officer of AFA, said: “Upland is at the forefront of a new category of virtual NFT memorabilia. The platform uniquely combines digital collectibles uniting all global NFT markets into their own Metaverse. In this way, our Professional League will be able to get closer to football fans from all over the world and to the players who hope to be closer to the stars of our Argentine football teams every day. We are excited about the potential of this association and it is very important for us to continue generating new sources of income for AFA and the LPF. We continue with the expansion process started and develop digital products that increase the presence of Argentine Soccer in the world. With this agreement with Upland, we are achieving a great goal for the Argentine Professional Football League.
ABOUT UPLANDME, INC.
Upland (https://upland.me/) is an open web3 platform for the metaverse mapped to the real world. The company’s mission is to build one of the leading and most dynamic maker-communities through a strong entrepreneur economy that allows players, creators, developers, and brands to manufacture goods and experiences, monetize assets, and provide utility and fun to other players. Headquartered in Silicon Valley with hubs in Las Vegas, Ukraine, and Brazil, Upland was named among Fast Company’s “Next Big Things in Tech'' in 2021 and one of “22 San Francisco Startups To Watch in 2022” by Built In SF. Upland is committed to becoming carbon negative and is a proud partner of Carbonfuture. For more information about our sustainability commitment visit https://www.upland.me/sustainability. Upland is available on iOS, Android and the Web, and can be played from anywhere in the world.
ContactLindsay Anne [email protected]
123 days ago • cryptodaily
Pooky Pioneers Predict-to-Earn Days Before World Cup Kicks Off
Web3 sports prediction application Pooky is launching its free-to-play version in public beta on Nov. 16, 2022. The app will arrive just in time for the FIFA World Cup, which begins on Nov. 20.
Pooky provides an innovative way for users to speculate on the outcome of soccer matches. With its risk-free model, the platform retains all the fun of traditional sports betting without any danger of losing money.
Move over play-to-earn, hello predict-to-earn
Web3 has already tried play-to-earn and move-to-earn and outside of rampant speculation on future adoption, neither has proved very sticky. Hoping to score a goal for crypto adoption on a different front is Pooky — a sports prediction app that's branded itself as "predict-to-earn."
According to a recent press release, Pooky has just released a free-to-play version of its Web3 soccer prediction platform. The launch follows Pooky's successful closed alpha on Oct. 21.
The timing of Pooky's free-to-play launch is no accident. The platform will be ready to use — at least in its initial free version — just days before the 2022 World Cup begins in Qatar on Nov. 20.
The world's biggest soccer tournament should provide the perfect backdrop for the free version's launch. However, later versions of Pooky will include betting on other sports such as basketball and F1.
Founded by two seasoned bettors in 2022, Pooky hopes to transform the way people speculate on sports. The two brothers, Claudio and Stefano Riff, draw on significant experience in the gambling industry. Pooky itself was actually inspired by a sportsbook banning Stefano from its service out of the blue after a series of big wins.
When the full predict-to-earn version comes out — expected in January 2023 — players will need to hold a Pookyball NFT to enter the prediction game. The game itself is a leaderboard and players receive points for guessing correct soccer game outcomes and scores. Eventually, points can be swapped for experience points, which can be spent to upgrade Pookyballs, resulting in bonuses.
Don't we already have predict-to-earn?
The key difference between Pooky and existing opportunities to gamble online is that Pooky is risk-free. Players never risk losing their Pookyball NFT and can always use it to speculate on the outcome of games from the world's top soccer leagues.
Commenting on the app's advantages over traditional sports betting, Stefano Riff, Pooky's cofounder, stated:
"We wanted to build a healthier alternative to traditional sports betting. By going back to the roots of sports prediction — challenging friends and demonstrating your knowledge of the beautiful game — Pooky encourages social interaction and fun whilst creating communities, both on and off the platform."
It'll be curious to see how Web3 enthusiasts with an interest in soccer take to Pooky during the World Cup and whether the app's timely launch can spur adoption even amid wider bear market sentiment. However, investors clearly see potential in its reimagined sports betting experience. In a pre-seed round, the startup raised more than €3 million, including funds from Claster Investments VC and others.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
129 days ago • cryptodaily
Three Crypto Tokens With Long-Term Potential: Tezos, Rocketize Token, and Tron.
People that use and understand cryptocurrencies are constantly growing in number. New tokens are continually being created, all with the same goal: to replace the current leaders.
Since there are no restrictions on building new cryptocurrencies, numerous innovative tokens have been released to the public. But which of these innumerable tokens can be trusted?
Due to inexperience, many newcomers to the cryptocurrency market often feel lost and unsure of what coin to invest in. Picking a coin without first learning everything you can about it is a bad idea.
To help you decide if Rocketize Token (JATO) is right for you, we'll be discussing its potential advantages and disadvantages in comparison to other market leaders like Tezos (XTZ) and Tron (TRX).
Tezos (XTZ) The Blockchain Network
The cryptocurrency market saw the introduction of Tezos in 2014. It's a blockchain network that automatically fixes any bugs it finds, and programmers may use it to create decentralized applications.
As it provides its users with similar features to Ethereum, it might be compared to Ethereum. However, the Tezos coin does have some special characteristics that set it apart from Ethereum.
Tezos, often known as XTZ, is a popular cryptocurrency due in large part to the network's on-chain administration. Token holders on the Tezos network are given the ability to vote on important matters pertaining to the future of the network.
The Tezos token's blockchain is more adaptable and can accommodate new features because it can fix itself.
Tron (TRX) The Blockchain Based Initiative
TRON is a blockchain-based initiative that was released in 2017. It was created by Sun Yuchen. Tronix (TRX), TRON's native coin, was released alongside the platform and has subsequently generated considerable interest.
This blockchain-based platform aims to change how we experience and share media online completely. TRX tokens can be used to pay content providers for their work. There is no governing body and no cost to access the information stored on the blockchain.
The primary goal is to supply end customers with a blockchain infrastructure that is dependable, secure, efficient, and scalable. TRON provides its users with a number of different services, including the creation of smart contracts and delegated proof-of-stake consensus, as well as the development of dApps developers.
Rocketize (JATO) The New Meme Coin
Everyone in the cryptocurrency industry seems to be talking about a new meme coin called Rocketize Token (JATO). While most meme tokens feature dogs, the Rocketize Token has an adorable rocket blasting off into space, making it stand out in a market saturated with canine imagery.
An abbreviation for "Jet Assisted Take-Off," JATO is the official acronym for this token. It's time for the Rocketize Token to blast out on its intergalactic adventure. Rocketize Token is a BEP-20 token that operates on the Binance Smart Chain platform.
The primary concept of this cryptocurrency is deflation. There is no developer money or independent revenue model. The community owns the token, and they call themselves the Atomic Nation. Rocketize Token hopes to give its customers a number of options. Since it's a "meme coin," naturally, it will inspire some clever and entertaining memes.
In addition to it, there may be instructional videos, cartoons, and audio recordings. Further, Rocketize Token intends to take the lead in establishing new standards for using DeFi technologies such as smart contracts, dApps for mobile devices, Web3 for game creators, and the advertising of commercial endeavours. In addition, there will be exciting, one-of-a-kind NFT mining events.
If you want to learn more about Rocketize Token (JATO), check out these links:-
Presale: http://rocketize.io/buy
Website: http://rocketize.io
Telegram: https://t.me/RocketizeTokenOfficial
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.