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NFT-friendly Japanese gaming giant Square Enix has invested 7 billion yen ($52.7 million) into game developer Gumi to create “high-quality” mobile games, blockchain games and a Metaverse initiative, among other things.Gumi mobile games: GumiAccording to a translation of the press release, the partnership will help Gumi tap certain intellectual property from
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Web3 and emerging technologies have been pushing the boundaries of art distribution, ownership and engagement with fans. However, not all of the recent developments are welcomed by the art community, especially when it comes to artificial intelligence (AI).Recently, AI-generated art has sparked a major debate around ownership after a smartphone
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Place/Date: - December 18th, 2022 at 10:41 pm UTC · 3 min read Source: Cryptoons Strong communities have been established, and the crypto sector has benefited greatly from Chainlink (LINK) and Theta network (THETA). Through the creation of a platform where both
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San Luis, a province of Argentina, has approved a bill allowing it to issue a blockchain-based, dollar-pegged stablecoin. The bill, which also approves the issuance of local artistic assets as NFTs (non-fungible tokens) seeks to enable the promotion of social development, and economic, cultural, and financial inclusion using blockchain. San Luis
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With this change in the commission set up, there will also be a change in the power structures: Similar to the entertainment industry in the 1930s, the power in the art world will shift from the distribution channel (galleries) to the creators (artists). And with more independence for artists also
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Place/Date: Dubai, UAE - December 13th, 2022 at 2:28 pm UTC · 2 min read Contact: Itai Elizur, Source: MarketAcross Morningstar Ventures, an investment firm specializing in digital assets and blockchain technology, is opening its first interactive digital art gallery in the heart of Dubai. Located in the
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Miami’s annual Art Basel festival, now in its 20th year, connects galleries, artists and collectors to create unique artist-led experiences and bolster local art scenes. This year, the event welcomed over 76,000 attendees from 88 countries in the first week of December. Original Source
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The collection is expected to launch by January 2023, with a total of 7,500 unique NFTs.Luxurious automaker Porsche has come forward with a plan to venture into the virtual world using non-fungible tokens (NFTs) art. The automaker revealed its plans to launch the Porsche NFTs during the ongoing Art Basel
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Generative art has been one of the quintessential machine-learning use cases, but only recently has the space achieved mainstream prominence. The leap has been mostly powered by computational gains and a new generation of techniques that can help models learn without requiring a lot of labeled datasets, which are incredibly
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Non-fungible token (NFT) sales increased a great deal during the last seven days as NFT sales jumped 56.73% higher than sales recorded the week prior. Over the last seven days, out of 889,499 NFT transactions, NFT sales volume reached a total of $170.48 million this past week. Art Gobblers and
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