Blockchain
Capsule Corp Labs Brings Developers the Next Generation of NFTs
Capsule Corp Labs, a subsidiary of Capsule Corp, the creator of the Ternoa blockchain, launched a platform for the creation and development of Augmented NFTs. Capsule Corp Labs partners with developers of decentralized applications by providing them with all the resources they need to bring Augmented NFT solutions from business to market, and from ideation to product launch on the Ternoa blockchain. Capsule Corp Labs’ objective is dual: Be a catalyst for bringing the next generation of NFTs to the public while developing the Ternoa ecosystem.
In spite of their growing success, NFTs big limitation is limited usability that mostly revolves around a transaction between two parties on a peer-to-peer marketplace like OpenSea or Rarible. An NFT is limited to the role of commodities that change hands based on hype and hope. Play-to-earn tokens and NFT platforms provide NFTs with another level of interest or incentive outside of the normal buy, hold and sell options. But in the end, the NFT remains treated as a commodity, redeemable for cryptos in a marketplace.
Capsule Corp Labs represents a true paradigm shift in the way users have always known NFTs with the development of Augmented NFTs, which are non-fungible tokens enriched with virtual components that communicate with the user’s environment at the user’s request. And users can interact with this new breed of NFTs, by leveraging web3 technology. Capsule Corp Labs is currently partnering with the developers of MetaFight, Tipple, Alphée and Playaverse, while developing internal projects for Ternoa, all of which focus on Metaverse-based apps.
Mickael Canu, Co-Founder and CEO of Capsule Corp, said, “Capsule Corp Labs is one of the pillars of Ternoa’s growth strategy, which is to offer a marketplace for Augmented NFT DApps that run on our layer one blockchain. To that effect, we created Capsule Corp Labs to accelerate the distribution of quality DApps on the Ternoa Chain and provide developers with all the tools they need to build, package and bring to market in record time quality applications that leverage Augmented NFTs.”
Benjamin Arthuys, CEO of Capsule Corp Labs, added, “Today, user experience with decentralized gaming involves AR, VR and metaverse. So, what users require from their interactions with NFTs must reach far beyond their use as simple commodities. Capsule Corp Labs facilitates this shift by accelerating the creation of applications that give NFTs a life of their own.”
The goal for Capsule Corp Labs is to develop at least 20 projects in 2022. To support this effort, the company’s headcount has tripled in the last three months. Outside of supporting external and internal projects, Capsule Corp Labs is also developing a program geared towards bringing Augmented NFTs to established artists, who want more for their creations than just an NFT marketplace.
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.
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.
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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Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
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Blockchain
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