Brands and creators exploring Web3 are wary of IP fraud and wash trading risks, but AI-powered technologies can detect such problems and make this emerging ecosystem safer for all participants.Web3 is about to knock on every brand’s door. Innovations like nonfungible tokens (NFTs) offer unique benefits for creators and brands, like securing ownership on the blockchain, establishing direct connections with audiences and offering customized e...
Web3 gaming platform Immutable has commenced public testing of its Immutable zkEVM in collaboration with Polygon Labs.Work on the zero-knowledge Ethereum Virtual Machine (zkEVM) network began in March after Immutable announced a partnership with Polygon Labs. Polygon’s own “holy grail” Ethereum-scaling zkEVM hit mainnet on March 27. In an Aug. 14 announcement, Immutable said its zkEVM will give game developers access to lower development co...
The widespread phenomena of ChatGPT has very quickly entered the U.S. workforce, with some employers like Microsoft and Google already restricting its use.
With justified concerns that current AI chatbot technology would cause significant harm to media publishers, media publishers are starting to look closer at whether or not it makes sense to integrate AI tools like ChatGPT into its everyday operations.
Earlier...
Toronto-based artist Mitchell F. Chan, known for pioneering conceptual and public artwork, has unveiled his latest creation, “The Boys of Summer.” The digital game artwork goes beyond aesthetics; it’s a generative PFP collection that probes the contemporary obsession with quantifying self and challenges our understanding of success.
Chan has consistently pushed boundaries from one of the earliest major NFT projects, ...
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The DeFi ecosystem is yet to recover from the crisis brought on by the Curve Finance hack, and even though the issue seems contained, another set of exploits hit the DeFi ecosystem this past week.DeFi protocol Steadefi is the latest victim of an ongoing exp...
When the history books are written about the current digital renaissance, Beeple’s place is already secure.
Mike Winkelmann’s landmark $69.3 million sale at Christie’s in 2021 was more than just a watershed moment for the NFT space, it was a clarion call on the value of digital culture that shook the foundations of the very institutions that had long ignored it.
Every bit as outrageous and memetic as the artist’s work i...
Futureverse, an AI and metaverse tech company with one of the largest digital collectible communities in the space, published its first research paper introducing a new infrastructure model to democratize high-end music quality by fusing musical compositions with artificial intelligence (AI).
The research paper, JEN 1: TEXT-GUIDED UNIVERSAL MUSIC GENERATION WITH OMNIDIRECTIONAL DIFFUSION MODELS,” is authored by mem...
Spanish football club FC Barcelona has secured a €120 million ($132 million) investment from Libero Football Finance AG and Nipa Capital B.V. for its Web3 initiative Barça Vision.According to the Aug. 11 announcement, FC Barcelona sold a 29.5% stake in Bridgeburg Invest, the holding company for Barça Vision, in exchange for the capital. "Barça Vision is the Club's initiative to integrate all digital content around Web3 and blockchain includ...
On August 9, Degods made waves in the community by unveiling not one, but three long-awaited updates that have been eagerly anticipated by enthusiasts of both Degods and y00ts platforms. These announcements mark a new chapter forward for the ecosystem. This includes an art update, a new points system, and the migration of y00ts to Ethereum.
Degods unveils PFP art refresh
First and foremost, an exciting artisti...
On Aug 10, South Korean animator DeeKay Kwon and pseudonymous digital art patron Cozomo de’ Medici announced the launch of Kwon’s first-ever open-edition artwork on Base, in partnership with Coinbase L2 and Friends With Benefits (FWB). The drop has already earned $100,000 in the first hour of the launch, according to a tweet from NFTStatistics.
The mint will be available for 24 hours, ending on Friday, August 11 at 9...
