Blockchain
Artifact Labs to Launch World’s First Metaverse Symphony with HK Phil and Elliot Leung
Artifact Labs, a web3 company that helps ‘Preserve and Connect History’ on the blockchain, today announced a partnership with The Hong Kong Philharmonic Orchestra (HK Phil) for the première of The Metaverse Symphony, a new work by renowned cinematic composer Elliot Leung. As part of this pioneering collaboration, Artifact Labs serves as the official partner for Elliot Leung and the HK Phil, one of the globe’s premier orchestras, to create the world’s first-ever symphonic masterpiece that will première in both a concert hall and the metaverse.
The concert will take place in Hong Kong in May 2023, and The Metaverse Symphony will also be premièred in The Sandbox as a fully immersive Web3 experience. With The Sandbox as its metaverse partner, Artifact Labs is recreating Hong Kong’s iconic Statue Square as a multi-use digital venue to showcase the unlimited possibilities of music in a virtual world.
Elliot Leung is a renowned composer who is best known for his feature film soundtracks, including the theme and score for The Battle at Lake Changjin, the second-highest-grossing film of 2021 worldwide. Leung was also listed on the Forbes 2022 30 under 30 for his accomplishments and contribution to the film industry.
Commenting on the partnership, Gary Liu, Founder and CEO of Artifact Labs, said “We are thrilled to be partnering with HK Phil and Elliot on this history-making concert. Web3 allows for near-infinite creativity, and we believe this experience will introduce the possibilities of the metaverse to a wider audience.”
“The Sandbox open metaverse platform is bridging culture and all forms of art from the physical world into the virtual world, allowing users to express their creativity in accessible new ways never seen before,’ said Sebastien BORGET, COO and Co-Founder of The Sandbox. “We’re honored to premiere The Metaverse Symphony, which will connect users from around the globe socially through their Avatars and enable them to share emotions, listen to music, and be inspired in a one-of-a-kind immersive experience.”
Benedikt Fohr, HK Phil Chief Executive, said, “Innovative technology may lead arts of all kinds to new horizons. The HK Phil is proud to present our first-ever Arts Tech programme, connecting emerging composer Elliot Leung and our valued partners in creating the first metaverse-inspired symphony. Down this path we are committed to exploring the world of music with innovative, creative use of technology.”
Composer Elliot Leung said, “I am honored and thrilled to compose the world’s first Metaverse Symphony. As a composer I have always been committed to preserving the traditions of symphonic music, pouring forth the best of my abilities to this craft. With the help of all the reputable partners in this project, I believe it will hoist symphonic music onto new heights.”
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
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Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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