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How cross-chain games are giving users the first look at a metaverse
Blockchain interoperability might just be becoming a reality, with cross-chain NFT games taking the lead.
Society is headed towards a new form of digital ownership with an economy and greater metaverse based on the blockchain. The concept of "the metaverse" is typically depicted as actual and augmented reality-based in a virtual world. Most recognize this concept since it is present in several fictional movies of dystopian futures like Ready, Player, One, Minority Report, and Avatar. However, the concept has since quickly gained attraction from the technology industry, making it more viable than ever before.
The metaverse is seen by many as the natural evolution to what comes next after what people are already doing on social media. Industry experts believe that people are already seeking new places to interact with each other, collect virtual likes, and gain recognition. Still, other individuals see the metaverse as an opportunity to live life in a more child-like way, in a setting free from the confines of today's societal structure. Read More
Associated Press To Run Chainlink Nodes, Bringing Trusted Data To Blockchains
Associated Press (AP), an independent global news organization, has disclosed its plans to run a Chainlink oracle node which will publish data for blockchains through Chainlink’s blockchain oracle network.
The decision to run a Chainlink oracle node comes, according to AP, based on the positive response from blockchain developers, who have for some time sought trusted data from a reliable news agency that could help them further develop the crypto and blockchain space. AP says that its strategic move towards shifting into blockchain technology was to build and bring trusted data to the public, serving “a publicly accessible, safe and secure record of verified information.” on the blockchain and beyond. Read More
Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells
Companies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the oil fields they are exploiting. Data centers devoted to coin minting can be powered by the excess gas released during oil extraction which would otherwise be wasted.
Ministries and Central Bank Review Crypto Mining Project by Russian Oil Industry - Government institutions in Moscow are now discussing an initiative launched by Russia’s oil companies to start mining cryptocurrency at their extraction sites. The industry is proposing to utilize associated petroleum gas (APG) to generate electricity that can be used in the energy-intensive process of digital coin minting. Read More
Cardano Gears Up For Babbage Era After Successful Alonzo Deployment
Cardano’s Alonzo Hard Fork Combinator has been one of the most important upgrades that have occurred on the Cardano network. Deployed just over a month ago, the upgrade brings smart contracts and Decentralized Finance (DeFi) services to the Cardano ecosystem.
Decentralized Applications (DApps) On Cardano’s Blockchain - The Alonzo Hard Fork Combinator allows developers to develop and deploy dApps on the Cardano blockchain. This has provided a significant boost to Cardano’s network, as the protocol continues its work in collaboration with developers, helping them deploy their decentralized applications on the network.
With the successful deployment of the Alonzo Hard Fork Combinator, developers are preparing to focus on the next phase of Cardano, the Babbage Era. Read More
Markethive is a monolithic blockchain project currently operating as a social network, an entire inbound marketing platform with email, blogging, and digital media capabilities that broadcast to the vast internet. It’s a complete Market Network and the first of its kind.
Markethive is predominantly a free system where users can access a platform that can cost more than $2,500 offered by other marketing platforms. There are, of course, upgrades that open up more tools and monetization opportunities, the first being the Entrepreneur One Loyalty Program, and coming soon is the Apprentice membership.
The many domains Markethive has, and its autonomous cloud systems that ensure its sovereignty and longevity make it untouchable and immune from the tech giants’ rule and biased agender. But can still remotely infiltrate the social media platforms and reach the multitudes either locked in or looking for an alternative meritocratic medium. Read More
NFTs for freedom: Nonfungible tokens and the right to self-determination
With a rise in distributed political discourse, nonfungible tokens can provide exciting new opportunities for self-governance.
It seems that everyone — from corporate behemoths like Visa and Anheuser-Busch to socialite Paris Hilton and NBA legends Michael Jordan and Kevin Durant — has recognized the growing importance of nonfungible tokens (NFTs) for the 21st-century economy.
World-renowned artists, athletes, and musicians have been cashing in on the craze, lending legitimacy to this new use of technology that allows for ownership of a wide array of digital assets. But the true test of this innovation will not be how it helps the wealthy perpetuate their positions of power, but rather how NFTs can promote human rights and other public goods. Read More
How NFTs are empowering recording artists and helping them escape centralized platforms
One project claims to be bringing together "streaming, VR, metaverses and NFTs" into one platform for music fan engagement and some degree of control.
Blockchain is rapidly becoming the innovative force industry insiders have been promising for years. The number of projects and artists offering their works using it as a core technology may be shifting the current economic model under which most musicians operate.
Non-fungible tokens, or NFTs, allow independent artists to earn income and engage with their fan base without always relying on a label or streaming service like Spotify. In March, 3LAU, an electronic dance music producer, sold more than $11 million worth of tokens redeemable for real-world goods — including music — in addition to a $3 million token holder who bid for the right to collaborate with the artist. Paul Oakenfold, another well-known EDM DJ, announced in September he would be launching a tokenized album on the Cardano blockchain. Read More
ADALend Makes It on “the Essential Cardano List” by IOHK
Input-Output Hong Kong (IOHK) has listed ADALend on their: Essential Cardano List” of projects that are considered part of the ecosystem supporting and providing Cardano users with products and services.
“The Essential Cardano List” gives an overview of the Cardano ecosystem with an accompanying map, a central library of materials, Cardano Foundation, and Emurgo resources, as well as community-generated materials and a list of current stake pools.
ADALend’s inclusion in the list marks a milestone for the project and its plans to broadcast consumer awareness for the project and its features. Read More
What Is The Multi Chain Universe?
Essentially, a ‘multichain’ just refers to many different chains. Like a blockchain, a multichain is an immutable ledger. But unlike a blockchain, which is made up of blocks of data from a single protocol, it contains data from multiple blockchain protocols.
As a result, it creates a block that is made up of multiple other blocks. If a project is deployed on a multichain, this means that it must be deployed on at least two chains. These chains could include Ethereum, BSC, Avalanche, Solana, Polkadot, etc. 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.
