Search Results for: Magic

“Luminex, a launchpad platform for Bitcoin Ordinals, is introducing the BRC-69 standard promising a major reduction in inscription costs, potentially over 90%. It employs ‘Recursive Inscription’ to go beyond inscription cut-off points, enhancing both safety and efficiency of on-chain assets like NFTs.”

Anichess, a subsidiary of Animoca Brands, secured $1.5 million seed funding to develop a decentralized chess game, promising a community-driven, free-to-play experience with magical spells and unique strategic layers. The game aims for an alpha launch in 2024, with support from investors including GameFi Ventures, Coin Operated Group, and Bing Ventures.

The blockchain-based trading card game Gods Unchained recently launched on the Epic Games Store, introducing its unique blend of NFTs and Ethereum layer-2 technology to 230 million customers globally. This partnership may signify further adoption and integration of blockchain gaming within mainstream platforms amid ongoing skepticism and regulatory challenges.

A solid marketing strategy for blockchain projects begins with establishing a strong brand identity, or layer-1, encompassing values, ideas, narratives, and visuals. Integrating essential characteristics like decentralization, immutability, transparency, and longevity can lead to long-term success and valuable connections with the target audience.

Explore five remarkable AI video editing tools – Adobe Premiere Pro, Final Cut Pro X, DaVinci Resolve, HitFilm Express, and iMovie. These tools enhance editing workflows, elevate final products, and are user-friendly for professionals and amateurs.

Apple releases its mixed reality Vision Pro headset, with potential to influence Web3 experiences. Despite groundbreaking features, skepticism remains around its integration with blockchain and decentralized platforms, given Apple’s history and reluctance to embrace these technologies.

A new blockchain token standard by Bitcoin Miladys enables Ethereum-based NFT owners to convert their tokens into Bitcoin network-based Ordinals, bridging Ethereum and Bitcoin networks. This innovative move offers compatibility with existing wallets and has contributed to significant growth in Bitcoin Ordinals inscriptions.

Bitcoin-based NFTs and meme tokens experience soaring popularity as Ordinals inscriptions reach 9 million. The Bitcoin Ordinals protocol enables inscribing digital artifacts, drawing criticism for misuse and increasing network congestion. Despite concerns, it serves as a catalyst for Bitcoin adoption and expansion into other cryptocurrencies.

Incorporating blockchain technology into MMORPGs can potentially solve longstanding issues like rollbacks, ensuring permanent, tamper-proof transactions. Despite regulatory hurdles and skepticism surrounding cryptocurrencies, advancements like end-to-end encryption and quantum computing could bring about a paradigm shift in the gaming industry, benefiting both players and developers.

Cryptocurrency and gaming are converging, with crypto-based video games and non-fungible tokens (NFTs) as virtual assets on the rise. Matt Sanders, Avenged Sevenfold vocalist and early crypto adopter, believes NFTs can revolutionize in-game economies by making high-value digital assets transferable and sellable. However, he emphasizes that great gameplay should come first, with crypto rewards and incentives serving as supplementary features.

Binance is adding support for Bitcoin-based NFTs, Ordinals, on its marketplace, highlighting their mainstream appeal. As institutional interest grows, skepticism remains with critics arguing NFT projects could dilute digital asset values. Recent developments aim to increase inclusivity and promote a more diverse NFT ecosystem.

The Web3 ecosystem relies on wallets for user identity verification and transaction authorization. Wallet infrastructures like Magic, Dfns, and Web3Auth aim to provide both security and convenience by exploring seedless wallets, multiparty computation (MPC), and Hardware Security Modules (HSM).

Meta’s Head of Global Business Group, Nicola Mendelsohn, dispels rumors of abandoning metaverse plans, stating the company’s continued commitment to the project. Despite financial setbacks, Meta aims to combine generative AI and metaverse technology for a groundbreaking digital future.

Peace Inside Live partners with 11 organizations, including Deepak Chopra’s Seva.Love and TIME magazine’s TIMEPieces, to launch the JOMO Effect NFT collection, raising funds for Web3 mental health. The project features over 40 digital artworks, with a portion of sales donated to mental health charities, promoting well-being and self-care in the digital space.

Stealcam, a Web3 experiment, has garnered attention by allowing users to upload images as NFTs on the Ethereum scaling network, Arbitrum. With a catch of paying 10% more for each “theft,” some have netted thousands, while others face potential losses. The platform is gaining interest from artists, venture capitalists, and the crypto community but faces challenges in fostering genuine connections and maintaining its initial success.

Binance announces plans to support Bitcoin NFTs called Ordinals, expanding beyond Ethereum, Polygon, and BNB Chain-based NFTs. The move aims to attract more collectors and trading opportunities, simplifying user onboarding and offering a secure method of entering the growing market.

Binance announces support for Ordinals inscriptions on its NFT marketplace, marking its entry into the Bitcoin-based market. The update, scheduled for later this month, will allow users to purchase and trade inscriptions using Binance accounts, alongside Ethereum and BNB Chain NFTs.

Bitcoin non-fungible tokens (NFTs) gain popularity in the Web3 space, with major exchanges like Binance and OKX supporting them. The expansion of the multichain NFT ecosystem is vital for the broader cryptocurrency market but remains a controversial subject within the crypto community.

The JOMO Effect NFT project aims to bring positivity to the crypto community by harnessing the “joy of missing out” and raising money for mental health charities. Created by Peace Inside Live, the collection features 40 unique digital art pieces focused on wellness and mental health, minted on Polygon and available through the Magic Eden marketplace.

Blockchain technology can revolutionize sustainability efforts across industries, combating climate change and improving market transparency. The technology addresses greenwashing by verifying company sustainability claims through efficient tracking and maintaining records. This fosters credibility, achieves climate goals, and builds consumer trust.