NFT

Now Runway: House of Blueberry, Nars’ Orgasm, & More

Welcome back to Now Runway, where we report to you from the frontlines of the digital fashion and luxury revolution. Today, we’re coming to you from Auckland, a land that fashion may have overlooked but the rainy season certainly did not, so we’re hoping that the buzzed-about Gucci Vault sends us a raincoat. Read on to see what you missed this week, including House of Blueberry bringing us back to the 90s with a Clueles...

Here’s how big food and beverage brands are using NFTs: Report

Nonfungible token (NFT) adoption is picking up steam across the food and beverage industry, with many fast-food chains showing interest in the asset class.A report by Research and Markets predicts that the global food and beverage NFT market size is expected to exceed $2 billion by 2032. These statistics have been evident as global fast-food brands, including Pizza Hut and Papa John’s, are recently discovering new ways to integrate NFTs int...

If AI Image Generators Are So Smart, Why Do They Struggle to Write and Count?

Generative AI tools such as Midjourney, Stable Diffusion, and DALL-E 2 have astounded us with their ability to produce remarkable images in a matter of seconds. Despite their achievements, however, there remains a puzzling disparity between what AI image generators can produce and what we can. For instance, these tools often won’t deliver satisfactory results for seemingly simple tasks such as counting objects and pr...

Next Up: Mumbot’s ‘Cool, Cute, and Creepy’ World of Phygital Art

In Web3, it’s become almost a rarity for an artist to focus exclusively on one single medium. Perhaps because the crypto-art sector itself takes a variety of skills to enter, the vast majority of creatives that call the blockchain their home usually dabble in an assortment of disciplines. From illustration to digital painting, sculpting, animation, and everything in between, the cross-pollination of artistry that can be fou...

Bruce Lee avatar to teach martial arts in the metaverse

Nonfungible token-focused blockchain Palm Network is about to become a great deal more accessible to users, with plans to transition into being a customized Polygon blockchain.According to a July 26 announcement, Palm Network will soon become a Polygon MATIC $0.7249 ZK Supernet, which will see minting, trading, and collecting NFTs becoming more readily available to its users. Additionally, Palm Network will become interoperable with Ethe...

How to Reset Your View of ChatGPT to Optimize Results

ChatGPT has exploded in popularity, and people are using it to write articles and essays, generate marketing copy and computer code, or simply as a learning or research tool. However, most people don’t understand how it works or what it can do, so they are either not happy with its results or not using it in a way that can draw out its best capabilities. I’m a human factors engineer. A core principle in my field is “...

McDonald’s in the metaverse, pro players to try Web3: Nifty Newsletter

In this week’s newsletter, read about how Reddit onboarded millions into Web3 through its nonfungible token (NFT) avatars, and check out McDonald’s first metaverse experience in The Sandbox. Find out why professional gamers are interested in trying out Web3 games, and why Axie Infinity creator Sky Mavis is partnering with NFT collection CyberKongz to develop a new game. And don’t forget this week’s Nifty News, featuring an NFT image of Ethe...

Unchecked AI Could Create Bioweapons, Leaders Tell Congress

In a congressional hearing on July 25, leading researchers in the artificial intelligence (AI) community voiced their concerns about the rapid pace of AI development, cautioning that it could be weaponized by rogue states or terrorists to create bioweapons in the near future. Yoshua Bengio, a renowned AI professor from the University of Montreal and a figure often referred to as one of the founding fathers of modern ...

Reddit Drops Gen-4 of Its Collectible Avatars with Cool Cats

On July 26, the social media juggernaut Reddit dropped its latest series of Collectible Avatars on July 26 in partnership with the cat-centric Web3 brand Cool Cats. The new Collectible Avatar series, called Retro Reimagined, marks the social media platform’s fourth generation of collectible avatars since it first stepped into the Web3 domain in July 2022. The collection features works from Micah Johnson, Nyan Cat creato...

Binance launches AI-powered NFT generator for KYC-verified users

Crypto exchange Binance’s nonfungible token (NFT) arm announced the launch of its artificial intelligence (AI) NFT generator that lets users produce custom artworks using AI technology. On July 26, Binance NFT said its AI NFT generator dubbed “Bixel” is now permanently available for its users. According to the trading platform, the tool allows users to generate unique digital art and join the world of NFTs. However, those who wish to use th...
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