Blockchain
John Kavanagh Joins Creta as a Platform Advisor
Dubai, United Arab Emraites–(Newsfile Corp. – June 25, 2023) – Creta, the Web3 metaverse/game platform, is pleased to announce the appointment of John Kavanagh as an advisor to their next-generation metaverse platform. Kavanagh, who brings with him a wealth of experience, previously served as the License Manager for Games and Interactive at BBC Studios.
With an impressive track record spanning two decades, Kavanagh has held key positions at renowned global game publishers and developers, successfully overseeing numerous projects. Notably, he served as the Vice President of Eidos Interactive. He also spearheaded the creation of the Paramount Pictures Interactive Games division, responsible for game development, publishing, and licensing of iconic IPs. Prior to his role at Creta, Kavanagh served as the Head of the Licensing Business for BBC Studios, expanding the presence of BBC-branded IPs in the gaming and interactive content industry.
Creta stands as a game and content creation platform that leverages the power of Locus Chain, a high-performance public blockchain. Its vision is to become an authentic Web3 multiverse platform that fosters active interactions between creators and players.
Dedicated to blurring the boundaries between everyday life and the metaverse, Creta prioritizes photorealistic graphical quality. Its offerings comprise goal-oriented games and content designed for short bursts of play, as well as a metaverse that caters to users seeking long-term engagement, all tailored to individual preferences.
In addition to its own metaverse worlds, Creta is actively developing systems to enable partners to create and manage their own metaverses. Equipped with these robust technical preparations, Creta is poised to emerge as a leader in the Web3 metaverse arena.
As part of its mission, Creta plans to provide creators with powerful creation tools based on a high-performance game engine. These tools will empower artists to build new models of entertainment services, allowing them to produce high-quality content such as performances and exhibitions seamlessly within the metaverse.
The addition of John Kavanagh, an accomplished figure in game development, publishing, and IP licensing, marks a significant milestone for Creta and is expected to propel the company forward.
For more information, please visit the following links:
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Creta
Media Contact
Organization: Creta
Contact Person: Alexey Galizdra
Website: https://creta.world/
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/171232
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
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Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
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Source: CoinTrust
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The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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