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Cere network to launch DaVinci Web3 media platform to safeguard NFT data
The DaVinci platform intends to offer perks from subscription NFTs and immersive creator exhibitions to digital and real-world fan events.
Cere Network, a decentralized data cloud platform, or DDC, announced the launch of their Web3 media platform, named DaVinci. The platform is deployed on Polygon’s (MATIC) network and will leverage support from Polygon’s NFT and gaming arm, Polygon Studios. Cere's stated mission is to store nonfungible token (NFT)-backed assets more securely, and ensure verifiable and truly decentralized data.
DaVinci is a direct content monetization platform for NFT-backed experiences that aims to facilitate both decentralized data transfers and non-fungible token, or NFT, value transfers. Powered by Cere’s DDC, the platform enables personalized content streaming to NFT holders via smart contracts. And it leverages Cere Freeport, the NFT mining platform deployed on Polygon, to mint and sell functional NFTs that provides access to exclusive content.
Sandeep Nailwal, Co-Founder of Polygon, shared in a statement that only the tip of the iceberg has been explored when in comes to the capabilities of NFTs.
“There is so much more that artists and fans are able to accomplish and access through DaVinci that realizes more of the potential of blockchain to the mainstream consumers. Artists and brands get more revenue from their unique content, while fans get better experiences and secure delivery of their assets." Read More
Ethereum Name Service Backlash Puts Spotlight on Anonymity in Web3
When some crypto figures are anonymous and some are not, anonymous harassment of marginalized communities can run rampant.
Despite the promise that Web3 will tear down the old guard with blockchain and decentralized tech, some old problems from Web2 have dogged the crypto and NFT space.
Old tweets are resurfacing. Reputations and brands are being called into question. And, as happened on the centralized social networks of Web2, women, BIPOC (Black, Indigenous, and People of Color), and LGBTQ+ people are being harassed by anonymous individuals—even on the blockchain itself.
While harassment is not a problem unique to Web3, part of the rallying cry of crypto is that it can be more open and inclusive than the prior era of the internet, though to many that goal lives in tension with its co-aims of decentralization and anti-censorship. Read More
VR Platform Cyber Teams With Rarible for Virtual NFT Marketplace
The integration will allow collectors to browse for NFTs that use Rarible in VR.
Cyber, a virtual reality platform, today announced a deal with Rarible to integrate its protocol and create a virtual NFT marketplace.
Launched in February last year, Cyber said the new functionality will enable consumers to browse for NFT collectibles through an immersive VR experience.
"You had all these top-to-bottom companies that were selling [virtual] land that is quite expensive, and then you had a lot of 2D platforms, but not the option in the middle," Cyber founder Rayan Boutaleb told Decrypt. "We launched and placed the first brick of a bottom-up metaverse company that we would build with the help of the [blockchain] community." Read More
Binance Removes Company Name From Its Blockchain Network Branding
Binance, the world's biggest cryptocurrency exchange, today rebranded its blockchain networks. In a Tuesday announcement, Binance said that Binance Chain and Binance Smart Chain (BSC) would become one ecosystem: BNB Chain.
Importantly, the move removes the company's own name from that of its blockchain network, which in the past has been criticized for being more centralized than its competitors, such as Ethereum.
Right now, Binance Chain and BSC are two separate blockchains. Binance Chain allows people to transact on Binance's decentralized exchange, while BSC, which has smart contract functionality, is for building decentralized applications.
But the two will be rebranded under one ecosystem as of today, Binance said. BNB will be made up of BNB Beacon Chain, previously Binance Chain, and BNB Smart Chain, the exchange said.
"Following in the footsteps of many other community-supported projects, BNB has been on its own evolutionary journey towards greater innovation and decentralization, and BNB has transcended Binance in terms of its use cases," Binance said. Read More
Markethive Leading The Way In Web 3 Social & Market Media
Markethive, the blockchain-driven ecosystem for entrepreneurs, has already successfully bypassed the centralized web services, like AWS and Microsoft, and operates on its own cloud system. The new login system Markethive has developed relinquished the need for 3rd party APIs that are potential vulnerabilities in Web 2 and threaten our freedoms.
Currently, Markethive is expanding its cloud system, called Mining Hives, worldwide. This means all data about Markethive and its users will not be stored on servers owned and controlled by a centralized entity.
Instead, it is a distributed database on the Markethive Blockchain with no single point of failure and no internet disruption or censoring by dictatorial authorities who may decide to shut off the internet.
Web 3 gives us a better chance at building a more inclusive internet that respects all who use it. Decentralized networks can win the third era of the internet for the same reason they won the first era: by winning the hearts and minds of entrepreneurs and developers.
Web 3 is an opportunity to distribute the wealth amongst the rest of us generally paid only to shareholders. Markethive stands tall and is dedicated to delivering the emerging environment of Web 3 to its community; one of self and financial sovereignty.
Instead of acquiring a few significant venture capital investments, Markethive has made it possible for the community to obtain a stake in the company. Read More
Web 3 Data Union Swash Unveils Plans for Mammoth DAO Campaign
Web 3 Data Union Swash is aiming to kickstart its eponymous DAO and boost uptake of its native $SWASH token, commencing this month. The DAO Ignition campaign will get rolling on February 15, giving participants the opportunity to influence the direction of the game-changing data ownership platform moving forward.
That’s not the only incentive, though: there will also be a grand prize up for grabs, with Swash adding $20 to the growing prize pool for every person that participates, until it reaches a maximum cap of $300K. Should that cap be reached, Swash has pledged to donate $100K to a charity as part of its Data for Good program.
Whatever the amount in the final prize pot, a single winner will claim the lot at the conclusion of the campaign, though all participants will be classed as DAO early bird members. As such, they will have the ability to impact Swash’s future trajectory. Read More
Panther Protocol CTO Anish Mohammed Explains How to Infuse DeFi With Privacy
Panther is an end-to-end privacy protocol for DeFi. Panther provides DeFi users with fully collateralized privacy-enhancing digital assets, leveraging crypto-economic incentives and zkSNARK technology.
Anish Mohammed is a Co-founder and CTO at Panther Protocol. He recently joined the Bitcoin.com News Podcast to talk about the technology: Listen to the podcast
How Blockchain Technology Is Creating a Secure Method of Banking
Blockchain technology has been revolutionizing the banking space for years, leveraging a decentralized system that enhances storage capabilities, enhances payments transactions, and elevates other banking sector elements.
From tokenizing various securities to using distributed ledgers, blockchain technology is disrupting traditional banking and forcing traditional institutions and large enterprises to take notice. Blockchain technology also creates smart contracts that automate claims and compliance processing while providing an inexpensive, highly-effective method of sending payments.
Blockchain technology, coupled with the increased advent of digital banking, should be identified as a viable banking method for traditional banks and large enterprises coping with their disruptive presence in the banking industry. Read More
Intel launches new blockchain accelerator chip for crypto mining
Intel has launched a new chip designed specifically for blockchain use cases such as Bitcoin mining and minting NFTs.
The crypto-specialized chip, which Intel calls its “blockchain accelerator”, will ship later this year. Jack Dorsey’s fintech firm Block – formerly Square – has already preordered the technology, along with Bitcoin mining company GRIID Infrastructures.
Considering crypto mining’s immense energy usage, Intel has said it is focused on “developing the most energy-efficient computing technologies at scale”.
Raja Koduri, senior vice president at Intel, said: “Intel Labs has dedicated decades of research into reliable cryptography, hashing techniques and ultra-low voltage circuits. We expect that our circuit innovations will deliver a blockchain accelerator that has over 1000x better performance per watt than mainstream GPUs for SHA-256 based mining.” Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
