Ethan Lee
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In a recent statement, Daniel Alegre, the CEO of Yuga Labs, addressed the concerns and feedback from the community regarding the company’s recent developments and strategies.A Journey of Understanding and EngagementAlegre began by acknowledging the feedback and expressing his respect for it, understanding that it originates from a desire...
The Sandbox, a decentralized virtual gaming world subsidiary of Animoca Brands, has officially announced its collaboration with Riyadh-based game developer Sandsoft. The partnership aims to fuel The Sandbox’s growth in Saudi Arabia and the broader Middle East while simultaneously nurturing local talent in the gaming industry.A Two-Fold Mission:...
Magic Eden, a prominent name in the multichain NFT platform space, recently introduced its latest feature: the LayerZero Bridge & Swap. This tool allows for the swapping of tokens across different blockchains.LayerZero is a cross-chain communication protocol aimed at enabling direct and trustless interactions between multiple blockchains. The...
Yat Siu, the founder of Animoca Brands, sees a future where most transactions, “70-80%”, will be conducted by autonomous AI agents using cryptocurrency. Alongside this prediction, Siu expresses optimism about the growth and potential of NFTs. Since its inception in 2014, Animoca Brands has emerged as a prominent...
Magic Eden has announced the launch of a $1 million fund aimed at supporting creators building on the Polygon blockchain. With a big reputation in the web3 gaming universe, Polygon could witness a surge in innovative NFT projects courtesy of this new initiative by Magic Eden.Call to Creators:...
Coca-Cola recently announced the release of its Masterpiece NFT collection, made available on the Coinbase layer-2 network, Base. This development follows last week’s opening of the Base mainnet to the public, which now hosts over 100 Dapps and service providers.As part of its “Onchain Summer” initiative, which commenced...
For many, the journey into Web3 and its technology remains daunting. Often, this complexity acts as a deterrent for newcomers eager to jump into Web3. Despite blockchain’s evident utility, a noticeable disparity persists between its practicality and users’ scepticism regarding its ease of use. Common stumbling blocks for...
Tech industry’s heavyweights, including Apple, Adobe, Pixar, Autodesk, NVIDIA, and the Joint Development Foundation are embarking on the Alliance for OpenUSD (AOUSD). The alliance has a clear mandate to foster the standardization, development, and evolution, of Pixar’s Universal Scene Description technology. The alliance increases the possibility of virtual...
The burgeoning global food & beverage NFT market is poised for massive growth, expecting a USD 2.1 Billion market by 2032 according to a report. This growth trajectory is primarily supported by the adoption of blockchain technology and the increasing demand for transparency and traceability within the food...
Japan’s Prime Minister, Fumio Kishida, recently voiced his support for the web3 sector and its potential to redefine the internet landscape. Speaking at the Webx Web3 Conference in Tokyo, Kishida delved into the transformative capabilities of Web3 technology and potential to significantly alter the digital and social world....