Blockchain
Web 3.0 Era Begins, Lion Group Holdings (LGHL.US) Gets a Head Start
Lion Group Holding LTD. (“Lion Group” or “The Group”) (NASDAQ: LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services as well as a developer of new growth products including SPAC sponsorship, NFT and metaverse-related initiatives, today announced that Hong Kong’s Statement in support of the development of virtual assets will serve to further catalyze development of its existing Web 3.0 projects. LGHL is currently wrapping up phase one development of its metaverse project, Lion World.
Recently, the Financial Secretary of Hong Kong released a “Policy Statement on the Development of Virtual Assets (“VA”) in Hong Kong” (“the Statement”). The Statement outlined Hong Kong’s Policy on VA, with a view that Distributed Ledger Technology (DLT) and Web 3.0 have the potential to become the future of finance and commerce. It invites the global VA community to leverage Hong Kong’s status as an international financial center to realize the potential of financial innovations under a clear, agile and facilitating regulatory environment. The statement also announced a number of pilot projects which include non-fungible token (NFT) issuance, green bond tokenization and e-HKD.
Development of Lion World began in 2021 as an extension of its “Metaverse AI Tool” development partnership with Dawa Technology. Lion World, built with Unreal Engine 4, offers an expansive and fully immersive metaverse experience with the provision of tools and infrastructure to support a wide range of activities. This includes blockchain game development, supporting Indie game development through creation of easy to use UGC tools, on-chain verification, play to earn models, avatar systems and more. Metapals and Mecha are two blockchain games built within Lion World which will soon enter alpha testing.
Lion Group’s Metawords project in collaboration with world renowned artist Xu Bing seeks to pioneer a new use case for NFTs, allowing users to create their own stories through a universal lexicon of symbols from Xu Bing’s “Book from the Ground“.
Mr. Wang Chunning (Wilson), CEO of Lion Group Holdings, said, “Out of the global financial centers in which Lion Group operates, Singapore and Hong Kong remain key focus points for future development, with a series of outlined policies on virtual assets coinciding with LGHL’s current development outlook.“
“The appeal of virtual assets to global investors is evident, as outlined in the Statement, not only will there be future opportunities as virtual assets evolve within Web 3.0 and the Metaverse, but it is likely virtual assets will in future become an indispensable part of the market.”
“We are convinced that the Web 3.0 era will bring huge benefits to the digital market and that Lion World with its core competitiveness will become an important metaverse project within this space.“
“We are optimistic about the development prospects of Virtual Assets, Financial Technology and Web 3.0. We will continue to look forward as to how we can best apply new technologies and practices to improve businesses or innovate product experiences for users and will continue to strive to deliver meaningful value and growth for our shareholders.”
Blockchain
Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry
Blockchain
Teletubbies Digital Companions to Launch on the Tezos Blockchain
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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