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Blockchain

MonsterX Platform Launch Bridges the Gap Between NFTs and Physical Commodities

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MonsterX, a non-fungible token (NFT) commerce platform, announces its upcoming launch on the Solana network in August 2022. Targeted at investors of physical assets and commodities, the platform is equipped to overcome the issues of counterfeit goods, as well as the use of non-fungible tokens (NFTs) and curation together with authorised partners and artists.

The platform has been in the works at MonsterX since April 2021, and together with the support of angel investors and advisors from leading tech and venture capital companies, the end product will make its debut after 15-months of hard work.

“The growth of the crypto market has been phenomenal last few years, and the market adoption by venture capital firms has been witnessed as well. However, one of the traditional investors’ dilemmas in crypto is to determine whether NFT projects have a tangible asset value,” explained Kyle Kim, CEO of Pearl Abyss Capital, and angel investor and advisor to MonsterX.

“MonsterX is tackling this issue by integrating their NFT platform with physical assets and commodities where we recognize an intrinsic value for investment.”

This is achieved through the steps of verifying and curating NFT projects tied with physical assets, allowing easy access for authorized resellers and partners to mint NFTs of physical assets and commodities, and supporting the transaction process from start to completion of delivery. Utilizing the Solana network also benefits users in the form of low fees and fast transactions, with a multi-chain support plan for other major layer-1 networks such as Ethereum, Polygon, Avalanche, and more in the pipeline.

Under the motto of “NFTs for Good”, the MonsterX team will also use the platform to help raise funding for upcoming public art projects from young artists by partnering with non-governmental organisations in the art space.

Blockchain

Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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