Article: Is it the manifestation of Web 3.0?

Decentralized Internet, Digital Content, Web 3.0

Is it the manifestation of Web 3.0?

People need, want, and hunger for new experiences. It is useless to deny that irritation is beginning to set in among social media users, who are witnessing the continuing contraction of freedom of expression online, turning them into refugees from Facebook, Twitter, and the like.

Metaverses are becoming the havens of those disenchanted users. It is indicative that so many companies are dedicated to creating blockchain-based metaverses, since they go where the money is.

Blockchain technologies may play an important role in the transition to Web 3.0 in the near future and act as a starting point for its rise. Perhaps the metaverses that are being developed today will become the social networks of tomorrow.

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Article: Decentralized Metaverses: Is That What Web 3.0 Really Is?

Decentralized Internet, Digital Content, Media, Web 3.0

Decentralized Metaverses: Is That What Web 3.0 Really Is?

People need, crave, desire, and hunger for new experiences. It is pointless to deny that irritation is starting to set in among social network users, who are witnessing the continuous contraction of online freedom of speech, turning them into refugees from Facebook, Twitter, and their ilk.

Metaverses are turning into the embracing havens for such disenchanted users. It is indicative when so many companies are engaging in creating blockchain-based metaverses, for they go where the money is.

Blockchain technologies can indeed play a significant role in the transition to Web 3.0 in the near future and act as the starting point of its ascent. Perhaps, the metaverses under development today will become the social networks of tomorrow.

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Article: Blockchain and NFTs are turning gamers into Investors

Blockchain, Digital Content, Innovation

Blockchain and NFTs are turning gamers into Investors

We saw this play out earlier this year when a massive fire in France destroyed approximately 30 servers connected to the hugely popular MMORPG (massively multiplayer online role-playing game) Rust. As a result of the incident, thousands of players lost their saved data, which wasn’t backed up offsite.

The destruction of Rust’s servers helped make the case for more decentralized, blockchain-based gaming models, where external circumstances won’t cause gamers to lose their hard-earned progress or in-game items. As the digital economy has matured, these items have a real-world value, sometimes in the tens of thousands of dollars range or more.

“People spend a lot of money in games. When they quit a game, that money is gone. Your investment is gone. It doesn’t mean anything,” said Gabe Leydon, the former CEO of Machine Zone. “So if people are willing to spend that kind of money in something where if they stopped logging in, it has no value. What happens when, if they stop logging in, they sell what they bought. It will change the whole nature of video games. It won’t be spending anymore. It will be investing. So it totally changes everything.”

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Article: Artists Who Now Make a Living Because of NFTs

Crypto, Digital Content, Money

Artists Who Now Make a Living Because of NFTs

To explain the importance of transparency in her industry, squirterer recalls a situation where an art gallery took one of her physical paintings on consignment and resold it without notifying her.

But what irked her the most was that the buyer had tried to reach out to her via Facebook during the purchasing process, wanting to establish a direct connection with the artist. But the gallery explicitly said it was not allowed and forbade squirterer from engaging with buyers.

Personal experiences like that helped squirterer recognize the blockchain’s usefulness in making all transactions public, immutable and verifiable. Since joining Hive back in 2018, she’s also appreciated the importance of decentralization and anti-censorship, as she’s seen other photographers and artists banned from mainstream platforms for posting their nude art.

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Article: Unique NFT Use Cases: What’s Beyond NFT Art?

Crypto, Digital Content

Unique NFT Use Cases: What’s Beyond NFT Art?

Soon, blockchain developers discovered the larger potential of NFTs. They started looking beyond crypto art and in-game skins. This blog looks at six alternative use cases for non-fungible tokens.

  • Dividends programs
  • Lifetime memberships
  • Academic credentials
  • Ticketing industry
  • Domain name ownership
  • Land registry (virtual and physical)

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Article: FileCoin: Decentralized Cloud Storage Competitor To AWS, Microsoft Azure, And Google Cloud

Decentralized Internet, Web 3.0

FileCoin: Decentralized Cloud Storage Competitor To AWS, Microsoft Azure, And Google Cloud

Worldwide cloud data storage is increasing at a dizzying pace. Some of today’s most valuable companies are getting rich off of their high margin cloud computing units such as Amazon’s AWS, Microsoft’s Azure, and Google Cloud. Protocol Labs IPFS which allows cryptographic hashing and the scaling of level 2 blockchain protocols, along with the dApps that sit on top of them, are likely to grow exponentially over the next decade. Additionally, users from around the globe will look to and for a Web3 cloud storage solution that can safely, cheaply, and reliably store their data. FileCoin and IPFS are likely to be the go to solution for Web3 data storage and retrieval going forward thanks to the many early adopters who use FileCoin and to the opensource platform that allows developers to integrate applications and innovate with the protocol.

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Article: You can make money playing in virtual worlds: Gabby Dizon

Blockchain, Money

You can make money playing in virtual worlds: Gabby Dizon

Altitude Games CEO Gabby Dizon thinks the science fiction-inspired virtual reality Metaverse is being created all around us at increasing speed. “The Metaverse means different online worlds that are interconnected upon some form of shared economy. Usually, this economy is based on a blockchain,” explains Dizon, who also heads Yield Guild Games.

“A lot of people will be losing jobs in the physical world, and what will they be doing? I think they will be going online, and they will start playing games. Specifically, they will start playing games to earn money.”

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Article: An NFT Ghost Game Offers a Glimpse of the Future of Finance

Blockchain, Crypto

An NFT Ghost Game Offers a Glimpse of the Future of Finance

With blockchain innovation, one can easily and cheaply package a product that provides exposure to a diverse basket of assets. What if you want to buy or sell an old-school REIT and a parcel of virtual land to the same counterparty at the same time? You can use the technology to efficiently create a product with a completely different risk profile for those who are seeking returns uncorrelated to traditional metrics.

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Article: Want to Mint and Sell an NFT? These Tools Can Give Anyone the Skills to Issue NFT Assets

Blockchain, Crypto

Want to Mint and Sell an NFT? These Tools Can Give Anyone the Skills to Issue NFT AssetsWant to Mint and Sell an NFT? These Tools Can Give Anyone the Skills to Issue NFT Assets

Non-fungible token (NFT) assets have taken the world by storm, as popular NFT artists are making millions from their blockchain-backed designs, music, and collectibles. As the trend continues to become more popular by the day, swarms of people are wondering how they can create their own non-fungible token and sell it after minting the NFT. The following article is a comprehensive list of tools that can help anyone get started minting NFTs and then selling them on an open marketplace.

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