How to Explain Blockchain to a Child?
Table of Contents If you have a child interested in learning about cryptocurrencies and the Blockchain, it may be a good idea to explain to them what the Blockchain is, how it works, and how to use it. Not only will this make the subject more interesting, but it will also help them understand how…
Sandbox Reports Record Land Sales as the Popularity of Metaverse Virtual Worlds Rises
According to WhaleStats, ETH whales have been paying closer attention to The Sandbox during the past 24 hours. Why is this crucial? This result implies that the network is undergoing a value flow and possibly increased demand for its capabilities. JUST IN: $SAND @TheSandboxGame once again a MOST USED smart contract among top 100 #ETH…
Soon Build a 3D Avatar from single photo with Microsoft’s New Diffusion Model
Microsoft has developed a modeling approach that can seamlessly produce a 3D virtual avatar from a single 2D image of a human. The diffusion model was developed by a group of experts from Microsoft Research, but it was explained in a paper reported in the journal arXiv. After this, it applies 3D avatar to develop…
Meta Claims Metaverse Will Become ‘As Important as Smartphones’
The chief product officer of Meta, Chris Cox, said that he believes the Metaverse will become just as vital as smartphones during a talk on the topic at the World Economic Forum in Davos, Switzerland. In Meta’s opinion, the computer’s basic functions ‘would one day be as crucial as the smartphone has become in our…
China Launches Smart-Contract Functionality on Digital Yuan Through E-Commerce App Meituan
The digital yuan (eCNY), the central bank’s digital currency, has undergone updates that give it smart contract capabilities and some recently disclosed use scenarios. As per a January 17 statement by regional bitcoin media site 8btc, the Meituan app, a Chinese app that offers retail and food delivery services, has started using smart contracts. A…
MatchboxDAO is Set to Host an Esports Event for Web3 Developers
MatchBox Arena, an esports event created especially for programmer engagement, has been launched by a group of developers, artists, or designers developing on-chain game infrastructure using StarkNet. The “World Cup of Web3 businesses” gaming tournament, as the team termed it, is intended to determine which company does have the best technical team. We are finally…
The 5 Most Unforgettable NFTs of 2022
Table of Contents Introduction In the digital world, NFTs are “one-of-a-kind” assets that can be bought and sold like any other property without a physical form. Digital tokens are tokenized assets in a digital form representing tangible items. NFTs can represent real-world objects, including artwork and designs. These physical assets can be “tokenized,” resulting in…
Blockchain Technology for Business Work Optimization
Table of Contents Blockchain technology is a revolutionary new way of conducting business. It offers a wide range of benefits. You can define it as a decentralized system that provides various benefits. With the help of smart contracts, Blockchain can automate many processes. This reduces the need for intermediaries in transactions. Technology is still evolving,…
Deal Box Launches $125 Million Venture Fund to Invest in Web3
According to a news release on January 18, the American capital markets consulting or token issuing company Deal Box has established a new $125 million venture capital arm supporting Blockchain as well as Web3 businesses. Deal Box Ventures has been the name of the fund, and this will invest in businesses with an emphasis on…
L’Oréal Invests in a Metaverse-Focused Platform Called ‘Digital Village’
With just a minority investment in the US-based firm Digital Village, a Metaverse-as-a-service platform and NFT marketplaces serving brands, creatives, including communities, L’Oréal has announced its desire to delve into the digital world. The company’s corporate venture capital fund, BOLD, made an investment, which would be the company’s first foray into the Web3 space. Its…
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