Blockchain
Oasis Digital Studios partners with recently announced Digital Collectible Marketplace RARE.Store to Drop AR Enhanced NFTs
Liquid Avatar Technologies Inc. (CSE: LQID) (OTC: TRWRF) (FRA: 4T51) (“Liquid Avatar Technologies” or the “Company“), a global blockchain, digital identity, and fintech solutions company, together with ImagineAR Inc. (CSE: IP) (OTCQB: IPNFF), an Augmented Reality platform, are excited to announce Oasis Digital Studios‘ (“Oasis”) partnership with recently launched NFT marketplace, RARE.Store. RARE.Store is a curated marketplace for iconic digital art, collectibles, and experiences, a joint venture launched by Toronto-based GDA Group, a team of digital asset experts focused across blockchain technology, and Nightshift, an artist management and creative agency. Oasis plans to drop a key selection of its upcoming Artists & Talent AR Enhanced NFT projects to RARE.Store, introducing an innovative new perspective on the rapidly growing digital collectibles sector.
RARE.Store is due to launch in April 2021 and focuses on curating NFT sales in collaboration with recognized artists and creators across music, sports, art and entertainment. RARE.Store will allow users to make purchases with either fiat currency using their credit or popular cryptocurrencies, an innovative approach that looks to increase artist exposure while enhancing accessibility to unique digital assets. RARE.Store will also provide management companies, such as Oasis, with a powerful suite of tools to allow them and their clients to easily mint and sell NFTS.
A Non-Fungible Token, or NFT, is a unique digital asset that can be used to represent a wide range of tangible and intangible assets, such as digital and conventional artwork, collectibles, memorabilia, in-game items etc. In contrast to NFTs that capture “moments in time,” digital images or videos such as those seen on NBA Top Shot, Oasis looks to create an engaging user experience, creating and deploying embedded AR “triggers” in each Oasis supported NFT. These unique triggers will allow for immersive, “living” shareable experiences through the Liquid Avatar Mobile App and AR enabled websites. Oasis also looks to introduce NFT programs, brands, and participants to further development within the growing space of unique digital assets.
“We are excited to work with the Oasis Digital Studios on introducing the next generation of functionality for NFTs including unlocking real-world activations and experiences through their immersive Liquid Avatar AR platform,” said Michael Gord, one of the co-founders of RARE and the CEO of the GDA Group.
“The idea of bringing augmented reality to concerts and festivals is a natural progression for the NFT market”, said Michael Perrow, Co-Founder of RARE. and Nightshift. “Excited to work with Liquid Avatar to push this initiative forward.”
Oasis is working with leading individuals and organizations across blockchain technology, computer graphics, augmented reality, entertainment, art, sports, gaming, music, media, comic book, memorabilia, and pop culture sectors to support the fast-paced emergence of the NFT marketplace.
With numerous opportunities already in cue, the Oasis model is to establish an ongoing partnership with artists, sports personalities, talent, brands, and organizations, and share in the ongoing revenue of the initial sale and any residual sales, creating potential royalty-type revenue relationships. The initial program offerings will consist of digital artwork, with the expected expansion to include trading cards, limited editions and series, as well as physical product programs.
“RARE gives us an opportunity to provide digital collectors with premium access to our AR enhanced NFTs,” said David Lucatch, CEO of Liquid Avatar. “We are working with RARE to plan some incredible drops from major artists and brands.”
The Liquid Avatar Mobile App, featuring user created digital icons that allow users to manage, control, and create value from their biometrically verified digital identity, officially launched globally in the Google Play and Apple App Store on February 18, 2021. With the foundational first phase already available, the Liquid Avatar App will launch updates in phases, with new features expected monthly. The Company believes that as it plans to provide additional features, regular releases will provide users with the opportunity to familiarize themselves with existing features before moving on to more comprehensive services, and the opportunity to manage their digital identity and verifiable credentials.
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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