Web3 is an idea for a new iteration of the WWW that incorporates concepts such as decentralization, blockchain technologies and the token-based economy. “Web1 was read-only, Web2 is read-write, Web3 will be read-write-own.”
Okay Bears NFTs can be traded for physical gold
Okay Bears, the popular Solana NFT project that garnered attention in April, is gearing up for community launch.
The inaugural Okay Bears offering is reaching new heights, as it involves the distribution of NFTs that can be exchanged for physical gold or crypto. Dubbed “Founders Coins,” the collection includes 10,000 assets (the same size as the Okay Bears collection ) each randomly assigned a gold weight of 0.25, 0.5, 1, 5 or 10 grams. Each also features a combination of hand-drawn attributes inspired by the original collection. In the fourth quarter of this year, holders will be able to redeem NFTs to receive their gold, with the current asset price of $56.50 per gram. Since 10 grams is the minimum amount of gold you can receive, those holding an NFT with less than 10 grams of gold will be able to redeem it and receive the equivalent cash value which will be paid in either $SOL or $USDC. Following an NFT redemption, the asset will then be burned.
Here is a report on the metaverse, which takes a snapshot of activity over 2020/2021 and asks the question: what will the metaverse look like in 5, 10, 50 years and beyond? It will be imperative for all stakeholders to cooperate and move in the right direction to build change. Facebook changed its name to Meta on October 28, 2021. This triggered a global media hype that resulted in record levels of investment in ideas that were either too early or unrealistic. Challenges to overcome include data security and privacy, centralization, poor interoperability, regional fragmentation, and user risk. But the economy is open, interoperable, user-owned and fully operational!
The regions that most deploy start-ups that create and deliver experiences within the metaverse are the most likely to write the rules of the metaverse. North American companies have more frequent opportunities to raise capital. The number of funding rounds is 50% higher than in the
the Asia-Pacific region.
Meta has a global reach of 1.93 billion daily active users and a total of 2.6 billion users. The large distribution channels and economies of scale could result in lower cost products and a larger market to sell to. Meta reached 80% market share of virtual reality (VR) headsets in 2021.
240,000 creators use Pinata
240,000 creators around the world using Pinata to create marketplaces, metaverses, dapps and NFT projects on all blockchains. Pinata is already the most stable and efficient conduit to the IPFS network, but we can always get faster, more secure and more efficient. For our creators, that means faster uploads, customized experiences for different file types, team accounts, and more ways to interact with your audience. Recent features include dedicated gateways, allowing creators to have private branded IPFS nodes that retrieve content faster than the public network, IPFS image resizing, video streaming via IPFS, and of course Submarining which is a premium feature that gives technical and non-technical creators the ability to share unlockable content with their community.
Using cc0 for NFT
The use of cc0 for NFTs was popularized by the Nouns project launched in the summer of 2021. Many others soon followed, for example: A Common Place, Anonymice, Blitmap, Chain Runners, Cryptoadz, CryptoTeddies, Goblintown, Gradis, Loot, mfers, Mirakai, Shields and Terrarium Club are all cc0 projects and many, many derivatives have been created from them and beyond. Famous crypto artist XCOPY, meanwhile, placed his iconic 1/1 NFT work under the cc0 license in January, just one month after selling the coin. This cc0 designation has already led to a plethora of derivatives.
Publishing platform: mirror.xyz
Article publishing is going to change dramatically with Web3, not only for its monetization, but also on the act of writing itself.Web3 is going to mean hyper-personalized content streams based on the data and characteristics of a particular user. Content can be associated with any kind of graphic content including unique creations in the form of NFT! In fact, everything remains to be invented…
Mirror is built using Web3 technologies: connect with Ethereum, store your writings on Arweave and publish using Mirror’s credible and neutral protocol. All posts on Mirror are monetizable. Turn your readers and fans into collectors. More than a new form of sponsorship, it builds a community around your ideas. Mirror takes the subscription model a step further by centering it on a web3 portfolio, creating social and economic links between your audience and your project. This allows you to create a portfolio-based community that can be used on the web3.
Mirror offers a variety of co-authoring features, and is designed to support DAOs and multisigs
NETGEAR to Join SuperRare DAO
The company will help develop a licensing and royalty model for displaying NFTs on digital screens. The licensing model, which supports the display of SuperRare collections curated on the Meural platform, reinforces a shared vision between the two companies to create new ways to interact with art, culture and digital collections. The acquisition of $RARE tokens and participation in the SuperRare DAO marks the beginning of a new era for NETGEAR and a doubling of its commitment to creating a new model for digital art. Its involvement in the SuperRare DAO is designed to shape the future of decentralized curation, community organizing and artist empowerment.
Meural was founded on the belief that thoughtful use of technology could transform access to and discovery of the visual arts and integrate them into people’s everyday lives. The platform, consisting of a WiFi-connected digital canvas, Meural Art Library (the world’s largest streaming art and photography library), a smartphone app, and a web portal was developed to engage new audiences with digital art while creating additional revenue streams for creators.
Meural has been part of the NETGEAR portfolio of Smart Home products since 2018 and helps advance the company’s vision of a fully connected world. The high-end digital canvas can provide a realistic art viewing experience that can be controlled by gesture, desktop, mobile app or voice (Amazon Alexa). The Meural canvas allows users to interact with their art daily via its library of over 30,000 licensed artworks and acts as the best media distribution platform for displaying visual art. The Meural platform frees NFT collections from the limitations of digital portfolios and allows owners to enjoy their purchased pieces on the walls of their homes or offices.
NFTs of Italian masterpieces banned
In the first half of 2021, Italy allowed public cultural institutions to partner with private companies to create NFTs replicating masterpieces from national collections. The first museum to take the plunge was the Uffizi Gallery, which partnered with Milan-based Cinello to create its NFTs. Cinello states that it does not create NFTs but rather digitally-encrypted works (DAWs). After a disappointing first sale, the recovery of tourism after the health crisis and the collapse of the NFTs market, the sustainability of the Italian state agreement was questioned.
A spokesman for Massimo Osanna, the director general of museums in Italy, told Art Newspaper, “Given that the issue is complex and unregulated, the ministry has temporarily asked its institutions to refrain from signing contracts for NFTs […] The basic intention is to avoid unfair contracts. The paltry price museums receive for its sales may be the reason for this turnaround. The image of a country selling one of its greatest works, even in NFT, for less than 100,000 euros is rather unflattering. Other important institutions have also tried to enter the NFT market with varying degrees of success. One of the most successful experiments is undoubtedly the Belvedere in Vienna, which sold 10,000 NFT reproductions of its masterpiece The Kiss by Klimt on Valentine’s Day for a total estimated gain of 4.5 million euros.
The Odyssey Ark screen to navigate the metaverse
While it’s a dedicated gaming display with unparalleled picture quality and cinematic surround sound, Odyssey Ark represents a new frontier in gaming. The world’s first 55-inch 1000R rotating curved gaming display, adding a whole new form factor to the industry-leading Odyssey line. The large screen features a 165Hz refresh rate, 1ms response time, as well as an all-new Cockpit mode and an exclusive controller, the Ark Dial, providing the ultimate window into the gaming world with unparalleled immersion. The revolutionary Odyssey Ark launched at CES is designed to deliver incredible cinematic experiences, superior gaming performance and an interface that offers completely optimized flexibility.
It the Cockpit mode, which allows the screen to rotate with HAS (Height Adjustable Stand), tilt and swivel functionality for an optimal screen environment that creates a new sense of immersion in the world. The Odyssey Ark features beautiful sound with Sound Dome Tech with AI Sound Booster and Dolby Atmos to enhance the surround sound experience. Four speakers, one at each corner, and two center woofers produce realistic, rich sound through a 60W 2.2.2 channel with the lowest notes at 45Hz of any gaming display or gaming soundbar.