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Blockchain

Enjin to Hold Second Annual NFT Awards in Decentraland

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Enjin, the leading ecosystem for NFTs, today opens nominations for the second annual NFT Awards. Running from today until November 26th, nominations and community voting for the NFT Awards are now open on nftawards.org. The second edition of the program will celebrate the Metaverse, honoring projects that are driving the future of human experiences through NFTs. The awards ceremony will take place on January 12th, 2022 in Decentraland.

Witek Radomski, Co-founder & CTO of Enjin and NFT Awards judge, said, “We established the annual NFT Awards to commend innovation in our industry, and we look forward to recognizing the incredible progress made within the Metaverse. Following a standout year for the NFT space, this community-driven event will feature and celebrate the world’s most influential NFT projects, and we invite all creators and collectors to submit your favorite projects for consideration today.”

Nominees of the  NFT Awards will be determined entirely by community submissions and voting, with the top ten public votes in select categories gaining a spot before an expert judging panel. The confirmed list of judges includes:

Nominations can be submitted on nftawards.org for 10 awards categories, including: Best Avatar; Best Collaboration; Game of the Year; Best Digital Fashion; VR/AR; Best Virtual World; Newcomer Game; Utility; Most Innovative Art; and Project of the Year.

The event will feature members from every corner of the crypto sphere, from NFT creators and game developers, to leading crypto organizations and metaverse projects. The program will be supported by Enjin’s partners VentureBeat, Crypto.com, Decentraland, Rarible, CoinMarketCap, the Blockchain Game Alliance, DappRadar and Product Hunt.

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Micah Johnson, whose work ˈsä-v(ə-)rən-tē won 2020 NFT of the Year, concluded: “The same year I won NFT of the Year, I was carrying my paintings in the rain to a local bar and carrying them home when none of them sold. NFTs have empowered me to spread my message thanks to the support of collectors who believed in me, and the NFT Awards program is providing a venue to recognize and elevate the work of fellow creators in the NFT community.”

Please visit nftawards.org to nominate or vote for the NFT Awards, or get in touch at nftawards.org/contact if you believe you fit the criteria for the expert judging panel.

Blockchain

Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)

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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

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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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Source: CoinGeek


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.

By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.

Source: CoinTrust


Nano Labs Purchases Trump Tokens to Celebrate Presidency

Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.

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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.

 

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CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo

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OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara

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The World Market for RegTech 2025-2030: Growth Trends, Industry Chain Analysis, Regional Insights, SWOT Analysis and Market Shares of Leading Players – Thomson Reuters, Deloitte, PwC, Accenture, IBM & More

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