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Axie Infinity (AXS), the widely-played blockchain game and metaverse project, has unveiled a novel initiative, allowing its non-fungible token (NFT) owners the commercial rights to produce and sell authorized merchandise. This announcement coincides with Sky Mavis, the game’s developer, launching a dedicated merch store for the Axie Infinity intellectual property. According
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The Story: Esteemed science journal Nature published a paper all about the coming wave of decentralized social media, or DeSo, and the implications of “tokenizing” user engagements. Authors Meysam Alizadeh, Emma Hoes and Fabrizio Gilardi argue that social media companies like Streemit, Reddit and Twitter are announcing plans to help
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The gas monetization functionality encourages a more inclusive and robust developer ecosystem on the Fantom platform. Blockchain protocol Fantom (FTM) announced on Twitter that it has released a gas monetization feature that will enable its developers to receive 15% of the gas commissions generated. With this groundbreaking development, Fantom is set to
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Adding to the growing list of radical implementations to improve Twitter’s bottom line and promote citizen journalism, Tesla CEO Elon Musk announced that creators on the social media platform can now monetize their content.Ever since Musk’s takeover of Twitter, the company has taken several drastic measures to turn itself into
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The idea of decentralized social media platforms continues to gain significant traction, with users becoming increasingly concerned with the centralized nature of traditional platforms and the potential for censorship. Even former Twitter CEO Jack Dorsey has publicly pushed for a decentralized Twitter alternative. Cryptox interviewed Rick Porter, CEO of decentralized social media
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sponsored During the last decade or so, data has become a hot topic and often a controversial one. As a result of Big Tech abuses and government-led collection schemes, people’s data is mined continuously and in ever-increasing amounts. Almost all of this is done without the consent of the individual
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Binance CEO Changpeng “CZ” Zhao has explained the reasoning behind its $500 million co-investment into Elon Musk’s Twitter, citing monetization potential, crypto community free speech, and the opportunity to eventually “help bring Twitter into Web3.” CZ’s comments came from an Oct. 31 CNBC Squawk Box segment, where he explained what drove
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press release PRESS RELEASE. Zug, Switzerland, 12th August 2022: GAIMIN announces the opening of its gaming and monetization platform to the gaming community. Following recently completed initial testing of its monetisation and gaming platform, GAIMIN.io ltd is opening up its gaming and monetization platform to 10,000 gamers during August
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A lot has happened in the Bitcoin (BTC) and cryptocurrency markets since our last edition of VC Roundup. The monumental collapse of the Terra ecosystem spilled over into other segments of the digital asset market, exposing over-leveraged traders, lending platforms and venture capital funds. In the process, Bitcoin’s price plumbed
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On February 14, Cere Network and Polygon launched a non-fungible token (NFT) marketplace and Web3 platform called Davinci, a project that aims to bolster the security behind NFT data. The platform is described as an “all-in-one Web3 media platform” that leverages Cere’s decentralized data cloud (DDC) platform and the proof-of-stake
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