Crypto for Dummies

2023-04-19 21:00:50 ​ 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. Открыть/Комментировать

2023-04-19 14:00:56 UK's newly formed Science, Innovation, and Technology department says it will advance the country's metaverse and web3 development and strategy. Открыть/Комментировать

2023-04-18 21:00:50 And the crypto market cap is back up above $1.25T. Открыть/Комментировать

2023-04-18 14:01:02 2023 Financial filings show that Donald Trump has made about $1 million in income from his digital cards NFT collection. Открыть/Комментировать

2023-04-17 21:00:45 Lil Yachty has settled its infringement lawsuit against an NFT seller who has raised millions using his name. Открыть/Комментировать

2023-04-17 14:01:00 Canon will launch an Ethereum NFT marketplace called Cadabra dedicated to photography later this year. Открыть/Комментировать

2023-04-16 21:00:39 China fails to ban NFTs as Shanghai-based exchange airdrops 1,000 NFTs to users on a first-come, first-serve basis. Открыть/Комментировать

2023-04-16 14:00:54 It has just been revealed that Elon Musk has officially created an artificial intelligence company named X.AI – and is ready to compete head on with OpenAI – the company he famously co-founded but then left in 2018 on not-so-friendly terms.

Elon Musk now owns one of the great data pools for his LLM, Twitter. Открыть/Комментировать

2023-04-15 21:00:40 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. Открыть/Комментировать

2023-04-15 14:00:55 Canon will launch an Ethereum NFT marketplace called Cadabra dedicated to photography later this year. Открыть/Комментировать