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    Mobile Application Security Market to Hit $37.1 Billion by 2032, Accelerating at 26.3% CAGR Amid Rising Cybersecurity Demands | Web3Wire

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    Mobile Application Security Market to Hit .1 Billion by 2032, Accelerating at 26.3% CAGR Amid Rising Cybersecurity Demands | Web3Wire


    Mobile Application Security Market to Hit .1 Billion by 2032, Accelerating at 26.3% CAGR Amid Rising Cybersecurity Demands | Web3Wire

    Mobile Application Security Market

    According to a new report published by Allied Market Research, titled, “Mobile Application Security Market,” The mobile application security market was valued at $3.7 billion in 2022, and is estimated to reach $37.1 billion by 2032, growing at a CAGR of 26.3% from 2023 to 2032.

    🔰 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 – https://www.alliedmarketresearch.com/request-sample/A110799

    Mobile application security is a measure of protecting apps from external threats such as malware and other digital frauds that jeopardize hackers’ critical personal and financial information. Mobile security breaches can not only allow hackers to access users’ personal lives in real time but also leak data such as current location, banking information, and personal information. Furthermore, the exponential increase in the adoption of artificial intelligence and machine learning has given crucial advantages such as the detection and remediation of malware, the feasibility to host security testing tools, and the detection of all possible security risks. In addition, mobile security apps are majorly applicable in government and defense sectors, as they deal with highly confidential and sensitive data, making them susceptible to cyberattack.

    Furthermore, major market players have undertaken various strategies to offer enhanced services to their customers. For instance, in June 2023, Appknox, a leading provider of cutting-edge mobile app security solutions, announced its partnership with Bitshield Data Defense Sdn.Bhd., a renowned cybersecurity company based in Malaysia. This significant collaboration represented a significant milestone in advancing mobile application security, effectively addressing the growing demand for robust protection against emerging threats. This partnership combines Appknox’s expertise in mobile application security with Bitshield’s extensive reputation and reach in Malaysia for cybersecurity, creating a formidable alliance that aims to revolutionize the mobile app security landscape in Malaysia. Therefore, such strategies will promote the growth of the mobile application security market.

    𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

    GitLab B.V.pradeoIBM CorporationOracleCisco Systems, Inc.HCL Technologies LimitedFortify (Open Text)Synopsys, Inc.VMware, Inc.F5, Inc.

    𝐓𝐡𝐞 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐥𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐬𝐭𝐚𝐭𝐮𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐨𝐮𝐭 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝

    Based on component, the solution segment held the highest market share in 2022, accounting for more than two-third of the global mobile application security market revenue, and is estimated to maintain its leadership status throughout the forecast period. Due to the enhanced anti-theft capabilities, solutions are incorporating stealth mode features that hide the presence of anti-theft software on the device. Furthermore, anti-tampering measures ensure that thieves cannot disable or uninstall the anti-theft application without proper authorization. However, the service segment is projected to manifest the highest CAGR of 28.4% from 2023 to 2032. With the increasing complexity of mobile threats and attacks, service providers are now providing mobile forensics services to investigate security issues, acquire digital evidence, and assist legal procedures due to the complexity of mobile threats and assaults.

    𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/mobile-application-security-market/purchase-options

    𝐓𝐡𝐞 𝐚𝐧𝐝𝐫𝐨𝐢𝐝 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐥𝐞𝐚𝐝 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝

    Based on operating system, the android segment held the highest market share in 2022, accounting for more than three-fifths of the global mobile application security market revenue, and is expected to maintain its lead position during the forecast period. because android applications are incorporating advanced authentication methods such as biometrics, hardware-backed security features like trusted execution environment (TEE), and cryptographic operations into their code to increase security. However, the iOS segment is projected to manifest the highest CAGR of 29.2% from 2023 to 2032, as runtime application self-protection (RASP) solutions for iOS applications are becoming more important. These solutions integrate security controls directly into mobile applications at runtime to protect against threats in real time. RASP technology can monitor app behavior and enforce security policies to detect and respond to attacks, improving iOS application security.

    𝐓𝐡𝐞 𝐥𝐚𝐫𝐠𝐞 𝐞𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐫𝐮𝐥𝐞 𝐭𝐡𝐞 𝐫𝐨𝐨𝐬𝐭 𝐛𝐲 𝟐𝟎𝟑𝟐

    Based on enterprise size, the large enterprise segment held the highest market share in 2022, accounting for nearly two-thirds of the global mobile application security market revenue, and is projected to rule the roost by 2032. With the increasing adoption of mobile devices and the growing reliance on enterprise mobile applications, organizations are prioritizing the security of their mobile ecosystems, thus, this leads to numerous opportunities for the growth of the market. However, the small and medium-size enterprise segment is projected to manifest the highest CAGR of 28.6% from 2023 to 2032, this is because rise in popularity of bring-your-own-device (BYOD) policies in SMEs presents an opportunity for mobile application security vendors. As the employees use their personal devices for work-related tasks, the need to secure enterprise data on these devices becomes crucial.

    𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐝𝐨𝐦𝐢𝐧𝐚𝐧𝐜𝐞 𝐛𝐲 𝟐𝟎𝟑𝟐

    Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global mobile application security market revenue, With the implementation of data privacy regulations such as the California Consumer Privacy Act (CCPA) and the New York SHIELD Act, organizations in North America are prioritizing mobile app security to ensure compliance and protect user data. On the other hand, the Asia-pacific region to maintain its dominance throughout the forecast period. The same region is expected to witness the fastest CAGR of 29.8% from 2023 to 2032. Because organizations in Asia-Pacific are recognizing the importance of thorough mobile app security testing, this includes static and dynamic analysis, penetration testing, and code review to identify vulnerabilities and weaknesses in mobile applications. Mobile app security testing is seen as a critical practice to ensure the integrity and security of mobile app data.

    𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 – https://www.alliedmarketresearch.com/purchase-enquiry/A110799

    𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐈𝐂𝐓 & 𝐌𝐞𝐝𝐢𝐚 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

    https://www.alliedmarketresearch.com/mobile-3d-market – Mobile 3D Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

    https://www.alliedmarketresearch.com/5g-smartphone-market-A106741 – 5G Smartphone Market Size, Share, Competitive Landscape and Trend Analysis Report, by Operating System, by Sales Channel : Global Opportunity Analysis and Industry Forecast, 2022-2032

    https://www.alliedmarketresearch.com/super-apps-market-A74523 – Super Apps Market Size, Share, Competitive Landscape and Trend Analysis Report, by Platform, by Device, by Application, by End User : Global Opportunity Analysis and Industry Forecast, 2023-2032

    https://www.alliedmarketresearch.com/communication-software-market-A14622 – Communication Software Market Size, Share, Competitive Landscape and Trend Analysis Report, by Deployment Model, by Enterprise Size, by Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2022-2031

    𝐂𝐨𝐧𝐭𝐚𝐜𝐭:David Correa5933 NE Win Sivers Drive205, Portland, OR 97220United StatesUSA/Canada (Toll Free):+1-800-792-5285, +1-503-894-6022UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: +1(855)550-5975help@alliedmarketresearch.comWeb: http://www.alliedmarketresearch.comAllied Market Research Blog: https://blog.alliedmarketresearch.comFollow Us on | Facebook | LinkedIn | YouTube |

    About Us:Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

    Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

    This release was published on openPR.

    About Web3Wire Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming. Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.



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    Monkey NFT: The Digital Revolution Swinging into the Spotlight – Web3oclock

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    Monkey NFT: The Digital Revolution Swinging into the Spotlight – Web3oclock


    Table of Contents: 

    Popular Monkey NFT Collections

    Cultural and Market Significance

    Market Trends and Financial Value

    In the ever-growing universe of NFTs, one figure has emerged as king: the Monkey NFTs. Whether it’s the iconic Bored Ape Yacht Club or Cyberkongz, Monkey NFTs are making waves, attracting collectors, investors, and celebrities alike. The playful avatars have now transformed into one of the most valuable assets in the NFT world. But how did these quirky Monkey NFTs come to dominate the NFT landscape and why people are willing to pay millions for them? From exclusive club memberships to their potential in the metaverse, these digital apes are more than just pieces of art, they’re the future of ownership, identity, and culture.

    In the upcoming sections, let’s discuss the known facts regarding Monkey NFT collections and examine trends, risks, and what the future holds for these pixelated primates.

    Popular Monkey NFT Collections:

    The NFT community is all about Monkey NFTs collections and their investors, however, some collections have made their way to the top of the hierarchy among others. Here are the most notable collections that have contributed to the development of the Monkey NFT culture: 

    1. Bored Ape Yacht Club (BAYC):

    Source: nftnow.com

    Without a doubt, the biggest Monkey NFT is the Bored Ape Yacht Club. Yuga Labs created this collection for the masses in doomsday April 2021. It features a collection of 10,000 cartoon-generated pictures of apes. But BAYC is art and much more. It’s a membership club. Owners are invited to some influencing parties, and events and into the private circle of people. It even has some quite popular members such as Stephen Curry, Eminem, and Serena Williams, which makes it an exclusive club, indeed.

    2. Mutant Ape Yacht Club (MAYC): 

    Source: coinbilgi.net

    Building on the success of BAYC, the Mutant Ape collection introduced “mutant” versions of the original apes, expanding the community and offering a more affordable way to join the exclusive Yacht Club. It introduced mutant variations of the primary apes to broaden the community, as well as providing a cheaper alternative to the exclusive Yacht Club. It is not as priced as the BAYC club, but AMA entails the same benefits, and MAT has managed to secure its place within the monkey NFT.

    3. The CyberKongz: 

    Source: mpost.io

    With a distinctive pixelated style, CyberKongz made waves by introducing NFTs that weren’t just about art. Certain holders of the Cyber Kongz NFTs could earn $BANANA tokens, which could then be utilized for in-game play or exchanged on digital currency platforms. This integration with the metaverse gives CyberKongz a utility that goes beyond collectibles.

    4. Jungle Freaks: 

    Source: youtube.com

    Created by a legendary Mad Magazine cartoonist, Jungle Freaks blends monkeys with a dystopian aesthetic. While not as high-profile as BAYC, its unique art style has gained a dedicated following in the NFT world.

    Each of these collections has not only attracted collectors but also redefined what NFTs can offer—community, utility, and even status.

    Cultural and Market Significance of Monkey NFT:

    Monkey NFTs have gone from niche collectibles to full-blown cultural symbols. At the center of this transformation is the idea that owning a Monkey NFT isn’t just about the artwork—it’s about belonging to an exclusive club. Numerous collections particularly BAYC provide more than a mere digital token to their bearers. You can access exclusive parties, attend events, and get merchandise and all this is done by simply owning a Monkey NFT which opens the doors to an elite institution that, in both the digital space and physical one.

    This cultural meaning has been enhanced more so by the validation of celebrities. It is different if individuals such as Snoop Dogg and Paris Hilton posted their NFTs on the web, but still waited for some time before providing one for sale. There was always a sense that such Bored Ape trading activity would be similar to collectors who bought extravagant watches or original paintings of Picassos.

    On top of cultural influence, Monkey NTFs are also a factor in the fast-growing NFT industry, the sales of which amount to billions. Their exclusivity and playful designs resonate with a generation increasingly focused on online identities, and that demand keeps pushing prices higher.

    Market Trends and Financial Value of Monkey NFT:

    The financial aspect of Monkey NFTs is impossible to ignore. While they started as playful collectibles, some have evolved into serious investment assets. Market trends indicate that demand for Monkey NFTs, especially BAYC, has remained strong, with prices for these digital apes reaching hundreds of thousands, if not millions, of dollars.

    1. Floor Prices: 

    BAYC has seen its floor price, the lowest price available for a monkey NFT, consistently climb over time. From a starting price that was worth a few hundred dollars, it has now transcended to a six-figure range.

    2. Secondary Market Boom: 

    The market resale value of the monkey NFTs increased substantially; one could say dramatically. Over the same site, some of the NFTs in the BAYC collection are known to have resold for more than 10 times their purchase value. This secondary market activity is fueled by the presence of unique rarities in traits such that collectors would pay extra for certain combinations.

    3. Utility Beyond Art: 

    Some Monkey NFT collections, such as CyberKongz, have introduced utility by allowing holders to earn cryptocurrency through ownership. Such utility changes the dynamics and perceptions, bringing on board more than just collectors for such assets but even investors looking for earning assets.

    The examined trends give an insight into how the financial paradigm surrounding Monkey NFTs has grown and their evolution from mere digital drawings to complex instruments of investment. 

    Challenges and Risks of Monkey NFT:

    As with any market boom, Monkey NFTs come with their fair share of challenges and risks:

    1. Market Fluctuations:

    The non-fungible token markets are quite new and too speculative. Collections with brands like BAYC have their prices at the apex but they can also tumble to untenable ranges simply owing to the mood of the investors or changes in the cryptocurrency environment.

    2. Oversaturation:

    More collections of monkey images are under construction; therefore, the danger of overabundance arises. Not all projects will retain long-term value, and the sheer number of new collections could dilute the demand for existing ones.

    3. Frauds and Safety:

    The NFT space has seen its share of fraud, with fake collections and scams circulating in the market. Anyone considering being a collector should be careful not to be trapped.

    4. Environmental Impact:

    Issues such as registration and trade of NFTs do not help their case either, while other technologies reduce the carbon output significantly. Some of these concerns have led many companies to seek alternative methods.

    These risks highlight the need to be a sensible purchaser in the Monkey NFT market.

    Future of Monkey NFTs:

    The future of Monkey NFTs looks promising, with several potential developments on the horizon:

    1. Integration with the Metaverse:

    With the expansion of worlds such as Decentraland and The Sandbox, Monkey NFTs may become more than simple assets. These may also act as avatars, characters, or even ‘real estate’ in such virtual worlds thus giving them functionality in the metaverse.

    2. Expansion of Utility:

    In addition to membership and incorporation into the metaverse, future Monkey NFT projects will most likely bring something else to the table, for example, staking benefits, vaults for exclusivity, or even functioning within DAOs.

    3. Long-Term Cultural Relevance:

    Monkey NFTs are more than just a passing trend, they’ve become cultural symbols. As digital identities become more important in our online lives, owning a high-value NFT may become a key part of how people express themselves online, ensuring the long-term relevance of these digital primates.

    The blend of culture, community, and utility will likely keep Monkey NFTs at the forefront of the digital art and blockchain spaces for years to come.

    Monkey NFTs have evolved from fun digital collectibles into cultural icons and serious investment assets. With collections like BAYC leading the charge, these NFTs have cemented their place in the booming NFT market, offering owners exclusivity, community, and financial value. However, like any emerging market, they come with risks, from market volatility to potential oversaturation.

    As the NFT space continues to grow and integrate with the metaverse, Monkey NFTs are set to play a significant role in the future of digital ownership and identity. Whether you’re an art enthusiast, an investor, or simply curious about the NFT space, there’s no denying that these digital apes are shaping the future.

    What do you think about Monkey NFTs and their impact on the digital art world? Share your thoughts in the comments, and for the latest updates on NFTs and the metaverse, don’t forget to subscribe to our newsletter Web3 O’clock!



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    Solana content tokenization grows with Cube listing of Access Protocol following Argentine government partnership

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    Solana content tokenization grows with Cube listing of Access Protocol following Argentine government partnership


    Receive, Manage & Grow Your Crypto Investments With Brighty

    Cube, a hybrid exchange that settles trades on-chain using secure multi-party computation, has listed Access Protocol (ACS), a content monetization platform built on Solana. The listing follows Cube’s recent announcement of Isometric (ISO), an intent-based transaction network that aims to enable cross-chain trading without asset bridging.

    At the Solana Breakpoint conference, Cube’s CEO and co-founder Bartosz Lipinski outlined the vision behind Isometric. “When we started building Cube, we wanted everything to be an intent,” Lipinski stated.

    “Everyone will be able to submit intents to the network and verify settlements on multiple chains using the decentralized MPC that we’ve built.”

    He emphasized that the decentralized MPC integration layer allows users to utilize value across layer-one blockchains without diminishing it.

    Isometric’s platform token, ISO, will power governance, staking, and decentralized custody within the network. Cube has scheduled both the token and mainnet launch for the second quarter of 2025, aiming to streamline cross-chain interactions and enhance blockchain transaction efficiency.

    In addition to technological advancements, Cube announced a partnership with the Argentine government this week. The collaboration intends to explore leveraging the Isometric network as a catalyst for Argentina’s financial system, signaling a significant step in integrating blockchain technology with national financial infrastructures.

    The timing of the ACS listing is notable as it highlights the growing use of content tokenization on the chain. Cube’s custom rewards platform, Blocks, engages users through unique packages for listing traders and token holders. Participants in the ACS listing will be eligible for Blocks campaign rewards, potentially increasing user engagement and liquidity for the token.

    Access Protocol has been expanding its ecosystem. The protocol is integrating Solana’s new “Actions” and “Blinks” features to enhance the user experience by allowing crypto transactions through any website or application using shareable links. This integration will enable one-click purchases of staked ACS subscriptions for top crypto media platforms using Solana’s native token, SOL.

    Founded by DeFi investing expert Mika Honkasalo and launched in February 2023, Access Protocol offers a blockchain-based subscription model for content creators and digital media publications. Users can access exclusive content by staking ACS tokens rather than through traditional subscriptions.

    Cube’s listing of ACS and developments with Isometric reflect a broader trend of innovation in cross-chain solutions and content monetization models within the blockchain industry. The partnership with Argentina emphasizes the growing interest of national governments in leveraging blockchain technology for financial system enhancements.

    CryptoSlate Alpha is powered by Access Protocol, which gives exclusive access to enhanced crypto research and insights.

    Mentioned in this article



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    Ethereum Game ‘Moonray’ Coming to PS5—Without Crypto Features – Decrypt

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    Ethereum Game ‘Moonray’ Coming to PS5—Without Crypto Features – Decrypt



    The makers of Ethereum-based combat arena game Moonray announced that they will release the free-to-play title on PlayStation 5 next year. However, citing Sony’s policies, the game will be launching on the console without Web3 features.

    On PC via the Epic Games Store, the game has already run a play-to-airdrop campaign, which saw gamers complete challenges to earn a chunk of its soon-to-launch MNRY token—and those who own the project’s NFT got an extra bonus. A similar system will be put into place with the mobile auto-battler that Moonray is set to release early next year. 

    But this will not be the case for the PS5 version of the arena combat game, at least from the outset.

    “We make sure to comply with the rules and conditions put forth by each platform we are working with. These rules differ between them, especially when it comes to Web3 elements,” a Moonray spokesperson told Decrypt. “The PS5 version of the game will not feature any Web3 elements at this stage.”

    Moonray originally launched as a metaverse role-playing game, which was being built on Bitcoin layer-2 network Stacks. The project soon rebranded to a multiplayer competitive battler built on Ethereum, while remaining set in the same “post-human” world. Players are dropped into an arena equipped with swords, weapons, and powers to defeat their opponents in a range of game modes.

    Launching on Sony’s console will offer Moonray another opportunity to reach players, but without the core crypto features that have helped define its launch thus far.

    “For Web3 to reach broad adoption. there really has to be a serious conversation about where you find your users,” a Moonray spokesperson told Decrypt. “For gaming, consoles are incredibly important platforms to reach a broad gaming audience.”

    Last week, the Avalanche-based battle royale shooter Off the Grid launched on PS5, Xbox, and PC to significant demand. Its gripping gameplay led to tons of viral moments, and the PC version became the most popular free-to-play title on the Epic Games Store.

    However, the game’s crypto integration still hasn’t been completed. Off the Grid developer Gunzilla Games is launching its own Avalanche L1 chain (aka subnet), which is currently running as a testnet, and it appears that wallets are being created on the back end and transactions are being made for certain in-game actions.

    Off the Grid’s NFT integration and GUN token are not yet live in the game, and Gunzilla has yet to clarify how that functionality will work on consoles. The studio has not responded to Decrypt’s recent attempts to seek clarification on that front, after previously declining to provide details earlier this year.

    “Currently, we are not ready to disclose all the inner workings and would like to keep the specifics of these mechanics confidential until the game officially releases,” Gunzilla Games told Decrypt in March. “This decision not only helps us protect our unique ‘secret sauce’ from competitive pressures, but also aligns with our commitment to providing traditional gamers, who are our primary audience, with an unparalleled quality of gameplay.”

    While the initial success of Off the Grid has generated excitement over the future of crypto gaming on consoles, the continued mystery around the integration has left onlookers continuing to wonder about the path forward on PlayStation and Xbox.

    No specific date has been set for Moonray’s console launch, but the team confirmed to Decrypt that it has just started porting the title from PC to PS5. With this, the team plans to “conduct testing” in the second half of 2025, although it’s unclear whether that will be public or private.

    Edited by Andrew Hayward

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    Blockchain ETF: Leading Blockchain ETFs, Benefits & Risks  – Web3oclock

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    Blockchain ETF: Leading Blockchain ETFs, Benefits & Risks  – Web3oclock


    Table of Contents: 

    Benefits of Investing in Blockchain ETFs

    Risk of Investing Blockchain ETFs

    Leading Blockchain ETFs in the Market

    In the world of investing, the choices can be overwhelming. Have you ever wondered how could you invest in the future of technology without picking individual stocks?  There comes Blockchain ETFs. Blockchain ETFs are making this possible, offering everyday investors like you a chance to tap into this groundbreaking technology with ease. Unlike traditional mutual funds that might focus on a broad range of assets, Blockchain ETFs specifically target companies involved in blockchain technology. 

    What is Blockchain ETF? 

    A Blockchain ETF (Exchange-Traded Fund) is a type of investment fund that is traded on stock exchanges. They will invest solely in blockchain-based companies.

    Unlike traditional companies, a Blockchain ETF helps to track the performance of companies.  

    They offer a more diversified exposure to the broader blockchain industry across sectors like finance, supply chain management, and healthcare as the technology is changing. Blockchain ETFs allow you to gain experience and exposure in the blockchain industry, whereas you do not have to invest directly in cryptocurrency or companies. Instead, they invest in various companies that are likely to benefit from blockchain technology. 

    But before we explore Blockchain ETF, we need to understand what exactly ETF is. Why should we use ETFs? 

    What is ETF? 

    Source: hxeetdrjg.blob.core.windows.net

    ETF stands for Exchange-Traded Fund. ETF is a type of investment fund that is traded with the exchange of stocks. They track the performance of a specific index, sector, or asset. They pool together money from multiple investors to invest in a diverse sector of assets, such as stocks, bonds, commodities, etc.  

    Both individual and institutional investors can invest in a wide range of assets through a single product. 

    ETF minimizes capital gains distribution. That’s why they are tax efficient than mutual funds. 

    Also, ETFs are affordable for investors because they have a lower expense and fee ratio. 

    Now, how will we benefit through Blockchain ETF? Why should we put our faith in ETFs instead of mutual funds?

    Benefits of Investing in Blockchain ETFs: 

    1. Diversity:

    When you invest in one company, the risk is higher. Because if the company doesn’t do well in the stock market, you will be at a loss. But in the case of Blockchain ETFs, your money is spread across many companies, so if one doesn’t give you any profit, the others might still perform well. 

    2. Lower Risk compared to Direct Crypto Investment:

    Cryptocurrency can be extremely volatile. One day, the price is rising, another day it is falling quickly. Blockchain ETF spreads your investment to various companies, making it less risky than putting your money into one cryptocurrency. 

    3. Management:

    There are professional people in the blockchain ETFs, who carefully select the companies to include. These experts do the research and make decisions on your behalf. They will ensure that you will get the maximum returns while minimizing the risks. 

    4. Exposure:

    Blockchain is an innovation in the tech industry, and it has been growing rapidly. Currently, blockchain is spreading into various industries like finance, healthcare, and supply chain management. If you invest in Blockchain ETFs, you will get that cutting-edge technological exposure without needing to understand all the technological details. 

    5. Flexibility:

    As you know, Blockchain ETFs are traded on stock exchanges. It means that you can buy and sell them throughout the trading day at the market prices. If you need money, it gives you the flexibility to access it quickly, unlike some investment funds that lock your money in for a longer period. Most ETFs disclose their holdings daily. It allows investors to see exactly what assets the fund owns. This transparency helps investors make informed decisions.

    Therefore, risks come along with the benefits. We have to get an alert of them. 

    Risk of Investing Blockchain ETFs:

    1. Volatility:

    Though Blockchain is a great innovation, but it is still new and rapidly changing. That means the price rate of the blockchain ETF can go up and down a lot. So, in a short period of time the value of an investment can fluctuates widely.

    2. Regulatory Risks:

    Governments are figuring out how to regulate this new technology and sudden changes in regulations could negatively impact the blockchain companies in your ETF. 

    3. Technological Risks:

    Though Blockchain has opened so many doors for earning, still it is a complex technology. It is evolving. Many companies might struggle to keep up with technological advancements or might invest in blockchain projects that won’t work out as planned. 

    4. Market Risks:

    The performance of Blockchain ETF depends on the overall market. If the stock market or the technological sector is going through a downfall, the value of your Blockchain ETF could decrease, even if the market itself is still promising. 

    5. Focused:

    Although Blockchain ETFs offer diversity within the blockchain sector. They are still focused on a particular industry. If the blockchain sector faces challenges, your investment could suffer, as it is not spread across different sectors. 

    Leading Blockchain ETFs in the Market:

    1. Amplify Transformational Data Sharing ETF (BLOK):

    BLOK is one of the popular Blockchain ETFs, actively managed to invest in blockchain companies. It has the exposure of both high-cap and low-cap companies. 

    2. Siren Nasdaq NexGen Economy ETF (BLCN):

    Source: trendspider.com

    BLCN tracks the performance of the Reality Shares Nasdaq Blockchain Economy Index, focusing on companies that are expected to benefit from blockchain technology.

    3. Global X Blockchain ETF (BKCH):

    Source: financial-independence.xyz

    BKCH targets companies that are involved in the development, research, and use of blockchain technologies. 

    4. Bitwise Crypto Industry Innovators ETF (BITQ):

    BITQ focuses on businesses that are heavily involved in the cryptocurrency ecosystem. It provides exposure to the crypto industry by investing in companies that are at the forefront of the crypto and blockchain revolution.

    5. VanEck Digital Transformation ETF (DAPP):

    Source: trendspider.com

    DAPP invests in firms that are leaders in areas such as cryptocurrency mining, blockchain technology, and digital asset exchanges.

    Investing in Blockchain ETFs can be an attractive option for gaining profit. Also, you can have the perfect exposure to the growing blockchain industry without directly investing in the crypto market. While there are several benefits, there are risks too. Be a potential investor before you make up your mind to invest. You should be aware of the inherent risks. There are some popular ETFs, like – BLOK, BLCN, etc offer various approaches to investing in this space. But, you have to understand your requirements and demands that align with their investment goals. 

    So, whether you’re an experienced investor looking to diversify or someone eager to explore the future of finance, Blockchain ETFs present a compelling choice

    Ready to make a move? Dive into the world of Blockchain ETFs and position yourself at the forefront of the financial revolution. The future is here—don’t miss out on your chance to be a part of it. 

    If you want to get more updates related to Web3, subscribe our website and get yourself updated. 



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    Coding Printing Marking Systems Market Expected to Double, Achieving USD 17.79 Billion Value by 2032 | Web3Wire

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    Coding Printing Marking Systems Market Expected to Double, Achieving USD 17.79 Billion Value by 2032 | Web3Wire


    Coding Printing Marking Systems Market Expected to Double, Achieving USD 17.79 Billion Value by 2032 | Web3Wire

    Coding Printing Marking Systems Market

    ✿➤ Coding and Printing Marking Systems Market: A Comprehensive Overview

    The global coding and printing marking systems market is experiencing rapid growth due to advancements in technology, increasing demand for packaging solutions, and rising regulatory requirements. These systems are essential in various industries such as food and beverage, pharmaceuticals, cosmetics, and electronics for the labeling and identification of products. Coding and printing marking systems ensure that essential information, such as batch numbers, expiration dates, barcodes, and logos, is accurately printed on packaging materials. As the world becomes more connected, the need for efficient product traceability and supply chain management has driven the adoption of these systems across multiple sectors. Businesses are also increasingly relying on these technologies to comply with stringent regulatory standards, reduce operational errors, and improve brand transparency. The coding and printing marking systems market is projected to witness steady growth over the coming years, with key players focusing on innovative solutions that enhance speed, accuracy, and versatility.

    Request To Free Sample of This Strategic Report – https://www.wiseguyreports.com/sample-request?id=559332

    ✿➤ Key Players in the Coding and Printing Marking Systems Market

    • Domino Printing Sciences• MarkemImaje• Linx Printing Technologies• Videojet Technologies• Hitachi Industrial Equipment Systems Co.• Rynan Technologies LLC• Epson America, Inc.• Collamat Spohn Burkhardt GmbH Co. KG• Rotech Industries, Inc.• Kabur Printed Circuits Pvt Ltd• Brother Industries, Ltd.• Leibinger• Squid Ink Manufacturing, Inc.• Inkcups Now, Inc.• REA Elektronik GmbH

    The coding and printing marking systems market is characterized by the presence of several key players, each competing to deliver cutting-edge solutions to their clients. Some of the prominent companies include Danaher Corporation (dominating with its Videojet brand), Domino Printing Sciences, Markem-Imaje, Linx Printing Technologies, and Hitachi Industrial Equipment Systems. These companies have established themselves as leaders through continuous innovation and strategic acquisitions. For instance, Domino Printing Sciences is renowned for its advancements in digital inkjet and laser printing technologies, while Videojet’s leadership in thermal inkjet and laser marking systems has further cemented its market position. Additionally, Markem-Imaje, part of the Dover Corporation, continues to leverage its wide portfolio of coding technologies, ranging from thermal transfer to laser-based marking solutions. These market players are continuously enhancing their offerings with sustainability in mind, aiming for reduced energy consumption, eco-friendly inks, and recyclable packaging materials to cater to the growing demand for green solutions.

    ✿➤ Market Segmentation: Understanding the Diverse Applications

    The coding and printing marking systems market can be segmented based on technology, end-user industry, and region. In terms of technology, the market includes thermal transfer, inkjet, laser, and others. Thermal transfer printers are commonly used in packaging lines due to their high-speed capabilities and durability, making them ideal for printing on flexible packaging materials. Inkjet printing, on the other hand, is popular in various industries because of its flexibility and ability to print on a variety of surfaces, including paper, plastic, and glass. Laser marking systems, known for their precision and permanent marking capabilities, are widely adopted in sectors like electronics and automotive. In terms of end-user industries, food and beverage, pharmaceuticals, cosmetics, and electronics are the primary drivers of the market. The food and beverage sector accounts for a significant share due to the need for clear and accurate labeling, ensuring compliance with regulatory standards. The pharmaceutical industry, similarly, requires stringent coding systems for tracking and traceability to prevent counterfeiting and ensure patient safety. Cosmetics and electronics are also substantial contributors, driven by the need for accurate labeling of product specifications and branding.

    ✿➤ Market Dynamics: Factors Influencing Growth

    The coding and printing marking systems market is driven by several key factors. One of the primary drivers is the increasing demand for packaged goods across the world. With the rise of e-commerce and global trade, companies are more reliant on efficient packaging and labeling solutions to meet international shipping requirements and consumer expectations. Additionally, stringent regulations related to product labeling, particularly in sectors like food and pharmaceuticals, are compelling manufacturers to invest in advanced coding systems that ensure compliance with global safety standards. Consumer preference for clear, accurate labeling and the growing importance of brand identity are also pushing businesses to adopt these systems. Furthermore, technological advancements in printing technologies, such as high-speed digital inkjet systems and precise laser coding solutions, are offering manufacturers greater flexibility and efficiency in their operations. On the downside, the high cost of installation and maintenance of advanced coding systems may act as a restraint, especially for small and medium-sized enterprises (SMEs). However, the growing demand for automated and integrated coding solutions, along with innovations aimed at reducing operational costs, is expected to mitigate these challenges.

    ✿➤ Recent Developments in the Market

    The coding and printing marking systems market has seen several notable developments in recent years. One of the significant trends is the increasing integration of these systems with Industry 4.0 technologies, such as the Internet of Things (IoT), artificial intelligence (AI), and machine learning. These advancements allow for real-time monitoring, predictive maintenance, and enhanced automation, leading to improved efficiency in manufacturing processes. For example, Videojet has introduced cloud-based solutions that enable remote monitoring of printers, allowing manufacturers to optimize production lines and reduce downtime. Another significant development is the growing emphasis on sustainable printing solutions. As environmental concerns continue to rise, companies are focusing on producing eco-friendly inks and energy-efficient coding systems that reduce waste and lower carbon emissions. Moreover, advancements in high-resolution printing technologies have enabled manufacturers to improve the quality and clarity of printed information, which is particularly important in industries like food and pharmaceuticals, where legibility is crucial for safety and compliance. Furthermore, with the rise of counterfeit products in the market, especially in the pharmaceutical and electronics sectors, coding and printing technologies are being enhanced with anti-counterfeiting features such as serialization, tamper-evident labeling, and track-and-trace solutions.

    Browse In-depth Market Research Report – https://www.wiseguyreports.com/reports/coding-printing-marking-systems-market

    ✿➤ Regional Analysis: Growth Patterns Across the Globe

    The coding and printing marking systems market is witnessing strong growth across various regions, with North America, Europe, and Asia-Pacific being the dominant players. North America holds a significant share of the market, primarily due to the presence of established industries and stringent regulatory requirements, particularly in the food, pharmaceutical, and cosmetics sectors. The United States, in particular, has been at the forefront of adopting advanced coding and printing technologies, driven by the need for compliance with federal regulations such as the Food and Drug Administration (FDA) and the Drug Supply Chain Security Act (DSCSA). Europe follows closely, with countries like Germany, the UK, and France leading the charge. The European market is driven by increasing demand for traceability in the food and beverage sector and a strong focus on sustainable packaging solutions. The region’s robust automotive and electronics industries are also significant contributors to the demand for laser marking and coding solutions. The Asia-Pacific region is expected to witness the highest growth during the forecast period, driven by the booming manufacturing sector in countries like China, India, and Japan. The rise in disposable income and consumer demand for packaged goods in this region is a key factor driving market growth. Additionally, the expanding pharmaceutical and electronics industries in these countries are further boosting the adoption of coding and printing marking systems.

    In conclusion, the global coding and printing marking systems market is on a path of steady growth, driven by technological advancements, rising regulatory requirements, and the increasing demand for efficient product traceability across industries. As companies continue to focus on improving their operational efficiency and complying with stringent regulations, the demand for innovative and sustainable coding solutions will continue to rise, offering significant opportunities for market expansion in the coming years.

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    About US:

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    We have a team of experts who blend industry knowledge and cutting-edge research methodologies to provide excellent insights across various sectors. Whether exploring new market opportunities, appraising consumer behavior, or evaluating competitive landscapes, we offer bespoke research solutions for your specific objectives.

    At Wise Guy Reports, accuracy, reliability, and timeliness are our main priorities when preparing our deliverables. We want our clients to have information that can be used to act upon their strategic initiatives. We, therefore, aim to be your trustworthy partner within dynamic business settings through excellence and innovation.

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    This release was published on openPR.

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    LilyPad: A Comprehensive Overview

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    LilyPad: A Comprehensive Overview


    Lilypad is developing a serverless, distributed compute network that enables internet-scale data processing, AI, ML, and other arbitrary computation while unleashing idle processing power and unlocking a new marketplace for compute.

    You can use Lilypad to run AI workload models, including Stable Diffusion and Stable Diffusion Video, or add your module to the Lilypad Network. Using Lilypads distributed compute nodes, you can build and run your own containerized workloads that require high-performance computing.

    Overview

    Lilypad provides distributed computational services underpinned by the Bacalhau Project. The network provides infrastructure for use cases like AI inference, ML training, DeSci, and more. Lilypad strategically collaborates with decentralized infrastructure networks, such as Filecoin, to formulate a transparent, efficient, and accessible computational ecosystem.

    Perform off-chain decentralized compute over data, with on-chain guarantees. Call this functionality directly from a smart contract, CLI, and an easy to use abstraction layer.

    In the video above, Ally Haire, Co-Founder of Lilypad, introduces the project and its goals.

    The network is laying the groundwork for multi-chain integration and deploying an incentivized testnet.

    Lilypad has evolved from earlier versions (v0, v1 & v2), where the network served as a proof of concept for verifiable, decentralized compute directly from smart contracts. These earlier iterations established the groundwork for a robust, scalable platform with expanded features and multichain support.

    Bacalhau has been integral to Lilypad since its early versions (v0 and v1), serving as the backbone for verifiable off-chain compute. In these early iterations, Bacalhau was used for Proof of Concept projects, helping users execute decentralized compute jobs from smart contracts.

    Find Lilypad on GitHub or visit the blog.

    Objective and problem statement

    Lilypad aims to mitigate the challenges predominantly associated with the accessibility of high-performance computational hardware. Numerous barriers impede developers and organizations from smoothly integrating projects that require high-performance computing, such as AI technologies, into their applications.

    Unlike conventional centralized systems, where access to powerful compute hardware is restricted and costly, Lilypad endeavors to democratize this access. Through its verifiable, trustless, and decentralized computational network, Lilypad extends unrestricted, global access to computational power. By leveraging decentralized infrastructure networks such as Filecoin, Lilypad is strategically positioned to enhance the efficiency, transparency, and accessibility of high-performance computing hardware.

    Lilypad Architecture

    The architecture consists of several components:

    Controller: A public-facing contract that acts as the network gateway and understands a job’s end-to-end workflow.

    Storage: Stores deals, agreements, results, and disputes. Acts as a “database” for the controller contract.

    Mediation: Starts as a “single mediator” and can be upgraded to a “consortium of mediators.”

    Payments: Manages the movement of funds for Lilypad actions and handles the escrow account in the token on behalf of jobs.

    ERC-20: A standard ERC-20 contract with additional methods for handling escrow.

    Lilypad Services

    Mediator: The “Ticket Inspector” that checks results if the client requests.

    Smart Contracts: Deployed to IPC, these contracts need to be initialized by both parties to start a job.

    Job Creator: The “Client” that posts a “Job Offer” to the solver and pays money into the smart contract as collateral.

    Solver: Off-chain market maker that matches resource providers and job creators.

    Resource Provider: Posts a “Resource Offer” to the solver and pays money into the smart contract as collateral against its results.

    Applications

    Perform off-chain decentralized compute over data, with on-chain guarantees, and to call this functionality directly from a smart contract, CLI, API, and an easy-to-use abstraction layer opens the door to a multitude of possible applications, including:

    Inference AI jobs

    ML training jobs

    Invoking & supporting generic ZK computations

    Cross-chain interoperability complements to bridge protocols

    Utilizing inbuilt storage on IPFS

    Federated Learning consensus (with Bacalhau insulated jobs)

    IoT & Sensor Data integrations

    Providing a platform for Digital twins

    Supply chain tracking & analysis

    ETL & data preparation jobs

    Key features of Lilypad

    Some of the key features of Lilypad include:

    Verifiable Serverless Decentralized Compute Network: Lilypad is a decentralized compute network that aims to provide global, permissionless access to compute power. The Network orchestrates off-chain compute (a global GPU marketplace) and uses on-chain verification (Arbitrum L2 on Ethereum) to guarantee compute success.

    Mainstream Web3 Application Support: Lilypad is designed to enable mainstream web3 applications to use its compute network with the Lilypad CLI and Smart Contracts. It aims to make decentralized AI compute more accessible, efficient, and transparent for developers and users.

    Open Compute Network: Lilypad is an open compute network allowing users to access and run AI models/other programs in a serverless manner. Module creators and general users can access a curated set of modules or can easily create their own Lilypad module to run an AI model/other program on the network.

    Multichain Support: The Lilypad Incentivized Testnet first launched on Arbitrum in June 2024 and plans to go multi-chain in the near future. Supporting multiple blockchain networks will increase scalability and interoperability, allowing users to choose the best blockchain that suits their needs.

    Incentivized Test Net: The Lilypad IncentiveNet is live! The IncentiveNet program provides users with Lilybit_ rewards to participate in running nodes, testing, and improving the network. Learn more by checking out the IncentiveNet Leaderboard.

    Decentralization of Mediators: The team also aims to decentralize the mediators in the network. This means that the decision-making process and governance of the network will be distributed among multiple participants, ensuring a more decentralized and resilient system.

    What is the Bacalhau Project?

    Bacalhau is a peer-to-peer computation network that enables compute-over-data jobs like GPU-enabled AI, ML, analytics, data engineering, data science, de-sci, and more. With the open-source Bacalhau Project, you can streamline your existing workflows without rewriting by running Docker containers and WebAssembly (WASM) images as tasks. This architecture is also referred to as Compute-over-Data (or CoD).

    To find out more about it, see the Bacalhau Docs!

    Lilypad Roadmap

    For the latest Lilypad Project Report: October 10, 2024, you can go here and check out the full details.

    Lilypad Leadership Team

    Lilypad is assembling a cross-functional and experienced team to drive innovation in the decentralized compute network space, addressing complex R&D challenges related to verification, privacy, and token economics. The leadership and core team bring expertise from leading tech companies and academic institutions, offering a diverse range of skills and backgrounds to develop a robust decentralized computing infrastructure.

    Alison Haire (CEO)With previous experience at Filecoin, IBM, and Accenture, Alison leads Lilypad, drawing on her deep expertise in decentralized networks and enterprise solutions.

    Steve King (COO)Steve has held leadership positions at Atlassian, Canva, and is a founder himself, bringing extensive operational experience to Lilypad.

    Kartika Chendorain-Tulusan (CPO)Kartika, formerly of IBM and EvolutionAI, leads product strategy with a strong background in product management and AI-driven innovation.

    Stanley Bishop, PhD (Head of Research)An AI and ML engineer with research credentials from Stanford University, Stanley oversees the research efforts at Lilypad, pushing the boundaries of decentralized computing.

    Emma Coochin (CMO)With marketing experience at LaunchVIC, Paypal, and ENTO, Emma leads the company’s marketing and outreach strategies.

    Steve Coochin (CIO)Steve brings experience from IBM, Lumigo, Paypal, and Snyk, overseeing the company’s information systems and technological innovation.

    Spheron X Lilypad: Powering the Future of AI and Beyond

    Lilypad and Spheron have come together to revolutionize the decentralized compute landscape. This strategic collaboration combines the power of Lilypad’s innovative distributed compute network with Spheron’s secure and scalable decentralized infrastructure, offering unmatched computational solutions for AI, LLM, machine learning, and distributed data processing by unleashing untapped compute power across the globe. Key highlights include:

    Running Lilypad Nodes on Spheron: Lilypad will leverage Spheron’s robust infrastructure to run its distributed compute nodes, enhancing the network’s performance and scalability.

    Spheron as a Trusted GPU Provider: Spheron will supply high-performance GPUs to the Lilypad network, empowering AI workloads like Stable Diffusion and Stable Diffusion Video.

    Onboarding Spheron to Lilypad’s GPU Marketplace: Lilypad will integrate Spheron as a stable GPU provider, allowing developers to access cutting-edge decentralized GPU resources.

    Integration with SuperNoderz: Lilypad nodes will be added to Spheron’s SuperNoderz platform, simplifying the deployment process and improving the user experience.

    Co-Marketing and Branding Initiatives: Both teams will collaborate on marketing efforts to spotlight the powerful synergy between the two networks.

    This partnership unlocks new horizons for developers and enterprises seeking efficient, cost-effective, scalable compute solutions for AI, ML, and other high-performance workloads. Stay tuned as we continue to innovate and build a decentralized compute future together!

    Contribute to the Lilypad Network during Hactoberfest! They have joined the open source fun and will support contributions of all types.

    Improvements to the IncentiveNet slashing mechanism, rewards calculation, and more are underway. This work aims to improve the system’s economics and job reliability. As the network scaled quickly, the Lilypad team has carefully implemented changes to scale up the network infrastructure accordingly.

    Follow the updates-rp channel in the Lilypad Discord to keep updated with the latest RP updates and announcements!

    Lilypad Linktree – Learn more and join the community!



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    FalconX Unveils Auto-Liquidation Service for APAC Crypto Miners Amid Sector Woes – Decrypt

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    FalconX Unveils Auto-Liquidation Service for APAC Crypto Miners Amid Sector Woes – Decrypt



    Digital asset prime brokerage FalconX has launched an auto-liquidation service designed to enhance capital efficiency for crypto mining firms in the Asia-Pacific region, following a turbulent two years that have strained the sector.

    The service, part of the firm’s broader platform rollout targeting the industry, is designed to help miners operating in capital-constrained environments manage liquidity more efficiently.

    Its offering automates the conversion of crypto mining rewards, including Bitcoin, Litecoin, and other proof-of-work tokens, into U.S. dollars, the company shared exclusively with Decrypt.

    FalconX said the service would streamline miners’ operations by enabling faster reinvestment into their businesses, removing the need for manual trading or reliance on third-party providers.

    The company added that its service offers enhanced liquidity while minimizing costs, with low execution fees and minimal slippage.

    As part of the process, miners who sign up for the service will receive a dedicated deposit address, through which their crypto rewards are automatically converted to cash. 

    The company emphasized that this process would improve operational efficiency—critical for an industry known for its tight profit margins.

    It follows a tumultuous 24 months for the crypto industry and miners, who have faced significant challenges due to volatile market conditions, rising energy costs, and a rising Bitcoin hash rate.

    Many miners have also struggled with profitability as Bitcoin’s price fluctuations and tightening access to capital have put pressure on their operations.

    FalconX claims the new platform consistently outperforms leading global exchanges in Bitcoin trades, with over 90% of transactions executed at a lower cost.

    “FalconX aggregates over 94% of global spot liquidity, and hence, we outperform the pricing and depth of major global exchanges,” a spokesperson told Decrypt.

    The launch is part of FalconX’s broader strategy to bolster crypto’s capital markets by providing liquidity and financial services tailored to mining firms. 

    The company said it remains committed to supporting miners as they navigate an increasingly complex and capital-intensive environment.

    FalconX, which is backed by investors including Accel, American Express Ventures, and Tiger Global, has a presence in major financial hubs such as New York, London, Hong Kong, and Singapore.

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    Meta Unveils “Movie Gen” AI Tool for Creating Videos and Sound

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    Meta Unveils “Movie Gen” AI Tool for Creating Videos and Sound


    Meta is stepping into the AI video generation arena with the introduction of its latest tool, Movie Gen. This new research preview showcases a video and sound generator that can handle complex visual effects (VFX) tasks such as replacing environments, extending sets, swapping characters, removing objects, and adding particle effects with realistic lighting interactions.

    Movie Gen delivers video quality comparable to OpenAI’s Sora and allows users to upload their own photos and integrate them into the generated video. Users can enhance their creations further by adding custom sound effects generated from text descriptions.

    Movie Gen represents Meta’s third wave of advancements in generative AI.

    Meta has shared this research, believing that such technology empowers users to express themselves in new, creative ways and provides opportunities to those who might not otherwise have access to such tools.

    What Is Movie Gen?

    Movie Gen is a set of foundational models developed by Meta that generate high-quality videos and audio. These models are trained on extensive datasets comprising images, videos, and audio using a combination of text-to-image and text-to-video techniques.

    The system generates 1080p HD videos in various aspect ratios, delivering state-of-the-art performance across multiple video generation tasks. Movie Gen’s audio component can create synchronized soundtracks, including sound effects and music, that complement the generated visuals seamlessly.

    The results of this tool are indeed impressive.

    How Does Movie Gen Work?

    Movie Gen’s models are built on a Transformer architecture, utilizing advanced techniques like flow matching during training. The training process consists of several stages, starting with pre-training on large datasets, followed by fine-tuning on high-quality, curated data to achieve realistic and aesthetically pleasing outputs.

    The training approach began with treating image edits like single-frame video edits. Meta’s team then created synthetic video editing tasks by animating these still images and leveraging AI models such as SAM and DINO for object segmentation. The models improved by learning to reconstruct the original videos from their edited versions.

    Meta has published a whitepaper detailing the technology behind Movie Gen for those interested in the finer technical aspects.

    Four Key Features of Movie Gen

    Movie Gen Video: This 30-billion-parameter transformer model generates high-quality, high-definition images and videos from a single text prompt.

    Movie Gen Audio: With 13 billion parameters, this model can take a video input and optional text prompts to create high-fidelity audio synchronized with the video. It generates ambient sound, background music, and foley sound with state-of-the-art alignment between video, audio, and text.

    Precision Video Editing: Movie Gen enables localized edits, such as adding or removing objects, and global changes, like adjusting backgrounds or styles, using both generated and existing video content combined with text instructions.

    Personalized Videos: The model can generate personalized videos with exceptional character preservation and realistic motion using a simple image and text prompt.

    Top Features of Movie Gen Video

    Text-to-Video Generation: You can create videos simply by describing the desired scene with a text prompt.

    Examples:

    | Prompt: The camera is behind a man. The man is shirtless, wearing a green cloth around his waist. He is barefoot. With a fiery object in each hand, he creates wide circular motions. A calm sea is in the background. The atmosphere is mesmerizing, with the fire dance.

    Movie Gen Output: Meta’s model generates a stunning video based on this detailed description.

    Meta Movie Gen: Prompt: The camera is behind a man. The man is shirtless, wearing a green cloth around his waist. He is barefoot. With a fiery object in each hand, he creates wide circular motions. A calm sea is in the background. The atmosphere is mesmerizing, with the fire dance.

    Prompt: A sloth in pink sunglasses lounges on a donut float in a pool, holding a tropical drink. The scene is set in a sunny, tropical world, with soft shadows cast by the sunlight.

    Movie Gen Output: Meta’s tool brings this playful, colorful scene to life.

    Meta movie gen: Prompt: A sloth with pink sunglasses lays on a donut float in a pool. The sloth is holding a tropical drink. The world is tropical. The sunlight casts a shadow.

    Video Editing with Text Prompts: Movie Gen enables users to make changes to existing videos by providing text instructions. You can add or remove elements, modify backgrounds, or change the overall style of a video using simple text descriptions.

    None

    Create Personalized Videos: Imagine seeing yourself as the star of your own video! With Movie Gen, you can upload a picture and input a text description, and the model will generate a video placing you in different scenes.

    Examples:

    Prompt: A woman sits on the grass in a pumpkin patch, wearing a scarf and holding a cup. Behind her are rows of pumpkins.

    Meta movie gen: Prompt: A woman is sitting on the grass of a pumpkin patch. She is wearing a scarf and holding a cup. The background is filled with rows of pumpkin

    Prompt: A cowgirl, wearing denim pants and a leather belt, sits atop a majestic white horse in an old western town. The sun shines brightly on the Rocky Mountains in the background.

    Meta movie gen: Prompt: A cowgirl wearing denim pants is on a white horse in an old western town. A leather belt cinches at her waist. The horse is majestic, with its coat gleaming in the sunlight. The Rocky Mountains are in the background.

    Synchronized Sound Effects and Soundtracks: Movie Gen isn’t limited to visuals alone. It can generate soundtracks synchronized with the video, including ambient noises, music, and sound effects.

    How Does Movie Gen Stack Up Against the Competition?

    Meta has compared Movie Gen with other models, including commercial systems like Runway Gen-3, LumaLabs, Kling 1.5, and OpenAI’s Sora. According to Meta’s research, Movie Gen outperforms these systems in terms of overall video quality.

    Examples:

    Prompt: A computer mouse with legs runs on a treadmill.

    Meta movie gen: Prompt: A computer mouse with legs running on a treadmill

    Prompt: A kangaroo wearing purple overalls and boots strolls through Johannesburg at sunset.

    meta movie gen: Prompt: a kangaroo in purple overalls and boots walking in Johannesburg during sunset

    Prompt: A toy robot in a green dress walks through Antarctica during a storm.

    Meta movie gen: Prompt: a toy robot in a green dress and sun hat walking in Antarctica during a storm

    Movie Gen’s strong performance stems from its extensive training data, its use of flow matching for efficient training, and a multi-stage training process that blends text-to-image and text-to-video tasks.

    How Can You Access Movie Gen?

    Movie Gen remains in the research phase and has not been officially released to the public. Meta is working with creative professionals to refine the tool for a potential launch.

    Meta is continuously gathering feedback from the creative community and plans to share more information about the tool’s capabilities and potential applications in the future.

    Final Thoughts

    Meta’s Movie Gen is an impressive step forward in generative AI technology. The company’s continued investment in AI research is paying off, as Movie Gen has the potential to revolutionize video generation and sound synchronization.

    If Meta releases this tool to the public, it could be a game-changer for the industry, seriously challenging competitors like Runway, Kling, and OpenAI’s Sora.

    However, it’s important to remain cautious. The videos presented so far were hand-picked for the announcement, and the real test will come when the public can experiment with the tool in real-world scenarios.

    Still, the possibilities are exciting, and I can’t wait to see how Movie Gen develops.

    FAQs

    When will Movie Gen be available to the public?

    Currently, Movie Gen is in the research phase, with no confirmed release date for the general public. Meta is working with creative professionals to prepare for a potential launch.

    What makes Movie Gen different from other AI video generators?

    Movie Gen stands out because it combines high-quality video generation, precise video editing capabilities, and the ability to produce personalized videos and synchronized soundtracks.

    Can Movie Gen be used for professional video production?

    While still in its research stage, Movie Gen’s features indicate that it could be a powerful tool for creative professionals looking to integrate AI into their video production workflows.

    What kind of prompts can Movie Gen handle?

    Movie Gen can generate complex scenes from simple text prompts, add custom objects, adjust backgrounds, and create personalized content from user-uploaded photos.

    Is Movie Gen’s output comparable to commercial video generators?

    Meta’s research suggests that Movie Gen surpasses many commercial systems in overall video quality, offering state-of-the-art performance across various tasks.



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    5G Applications and Services Market Set to Achieve USD 590223.45 Million By 2032, Growing at 13.47% CAGR | Web3Wire

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    5G Applications and Services Market Set to Achieve USD 590223.45 Million By 2032, Growing at 13.47% CAGR | Web3Wire


    5G Applications and Services Market Set to Achieve USD 590223.45 Million By 2032, Growing at 13.47% CAGR | Web3Wire

    5G Applications and Services Market

    The 5G Applications and Services Market Size was valued at USD 166766.3 Million in 2023. The market is projected to grow to USD 590223.45 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 13.47% from 2024 to 2032.

    In-Depth Analysis of 5G Applications and Services Market | Research Report [2024-2032] – https://www.globalmarketstatistics.com/market-reports/5g-applications-and-services-market-10691

    “5G Applications and Services Market” Research Report Revealing a Comprehensive Analysis of Industry Trends, Growth, and Opportunities By Types (Enhanced Mobile Broadband, Ultra-Reliable Low Latency Communications, Massive Machine Type Communications), By Application (Telecommunications, Automotive, Government, Media, Entertainment, Consumer Electronics, Banking, Energy, Utilities, Others), By Regional Outlook and Forecast, 2024 – 2032″

    Browse Detailed TOC of 5G Applications and Services Market report which is spread across 116+ Pages, Tables and Figures with Charts that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

    Who is the largest manufacturers of 5G Applications and Services Market worldwide?

    China Mobile Limited (China)EITC (UAE)Telstra Wholesale (Australia)Nokia (Finland)AT & T Intellectual Property (U.S.)Telefonaktiebolaget LM Ericsson (Sweden)Cisco (U.S.)SAMSUNG (South Korea)Airtel India (India)NTT DOCOMO Inc. (Japan)Intel Corporation (U.S.)Verizon Wireless (U.S.)KT Corp. (South Korea)Deutsche Telekom AG (Germany)Vodafone Limited (U.K.)Request a Free Sample Copy @ – https://www.globalmarketstatistics.com/enquiry/request-sample-pdf/10691

    Short Description About 5G Applications and Services Market:

    The Global 5G Applications and Services market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2032. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

    North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of 5G Applications and Services. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.

    Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2032.

    5G Applications and Services Market size is projected to reach Multimillion USD by 2032, In comparison to 2024, at unexpected CAGR during 2024-2032.

    Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.

    This report focuses on the 5G Applications and Services in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

    The report focuses on the 5G Applications and Services market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides detailed cost analysis, supply chain.

    Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream applications. Moreover, Consumer behavior analysis and market dynamics (drivers, restraints, opportunities) provides crucial information for knowing the Co-Living market.

    Request a Free Sample Copy @ – https://www.globalmarketstatistics.com/enquiry/request-sample-pdf/10691

    What are the factors driving the growth of the 5G Applications and Services Market?Growing demand for below applications around the world has had a direct impact on the growth of the 5G Applications and Services

    TelecommunicationsAutomotiveGovernmentMediaEntertainmentConsumer ElectronicsBankingEnergyUtilitiesOthersWhat are the types of 5G Applications and Services available in the Market?Based on Product Types the Market is categorized into Below types that held the largest 5G Applications and Services market share In 2023.

    Enhanced Mobile BroadbandUltra-Reliable Low Latency CommunicationsMassive Machine Type CommunicationsWhich regions are leading the 5G Applications and Services Market?North America (United States, Canada and Mexico)Europe (Germany, UK, France, Italy, Russia and Turkey etc.)Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)South America (Brazil, Argentina, Columbia etc.)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Request a Free Sample Copy @ – https://www.globalmarketstatistics.com/enquiry/request-sample-pdf/10691

    This 5G Applications and Services Market Research/Analysis Report Contains Answers to your following Questions

    What are the global trends in the 5G Applications and Services market? Would the market witness an increase or decline in the demand in the coming years?What is the estimated demand for different types of products in 5G Applications and Services? What are the upcoming industry applications and trends for 5G Applications and Services market?What Are Projections of Global 5G Applications and Services Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?Where will the strategic developments take the industry in the mid to long-term?What are the factors contributing to the final price of 5G Applications and Services? What are the raw materials used for 5G Applications and Services manufacturing?How big is the opportunity for the 5G Applications and Services market? How will the increasing adoption of 5G Applications and Services for mining impact the growth rate of the overall market?How much is the global 5G Applications and Services market worth? What was the value of the market In 2023?Who are the major players operating in the 5G Applications and Services market? Which companies are the front runners?Which are the recent industry trends that can be implemented to generate additional revenue streams?What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for 5G Applications and Services Industry?Request Free Sample PDF @ – https://www.globalmarketstatistics.com/enquiry/request-sample-pdf/10691

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    Business Process Management (BPM) Market @ – https://www.globalmarketstatistics.com/market-reports/business-process-management-bpm-market-11150

    Ice Hockey Helmet Market @ – https://www.globalmarketstatistics.com/market-reports/ice-hockey-helmet-market-10682

    Detailed TOC of Global 5G Applications and Services Market Research Report, 2024-20321 Market Overview1.1 Product Overview and Scope of 5G Applications and Services1.2 Classification of 5G Applications and Services by Type1.2.1 Overview: Global 5G Applications and Services Market Size by Type: 2017 Versus 2022 Versus 20321.2.2 Global 5G Applications and Services Revenue Market Share by Type in 20221.3 Global 5G Applications and Services Market by Application1.3.1 Overview: Global 5G Applications and Services Market Size by Application: 2017 Versus 2022 Versus 20321.4 Global 5G Applications and Services Market Size and Forecast1.5 Global 5G Applications and Services Market Size and Forecast by Region1.6 Market Drivers, Restraints and Trends1.6.1 5G Applications and Services Market Drivers1.6.2 5G Applications and Services Market Restraints1.6.3 5G Applications and Services Trends Analysis

    2 Company Profiles2.1 Company2.1.1 Company Details2.1.2 Company Major Business2.1.3 Company 5G Applications and Services Product and Solutions2.1.4 Company 5G Applications and Services Revenue, Gross Margin and Market Share (2020,2021,2022, and 2023)2.1.5 Company Recent Developments and Future Plans

    3 Market Competition, by Players3.1 Global 5G Applications and Services Revenue and Share by Players (2020,2021,2022, and 2023)3.2 Market Concentration Rate3.2.1 Top3 5G Applications and Services Players Market Share in 20223.2.2 Top 10 5G Applications and Services Players Market Share in 20223.2.3 Market Competition Trend3.3 5G Applications and Services Players Head Office, Products and Services Provided3.4 5G Applications and Services Mergers and Acquisitions3.5 5G Applications and Services New Entrants and Expansion Plans

    4 Market Size Segment by Type4.1 Global 5G Applications and Services Revenue and Market Share by Type (2017-2023)4.2 Global 5G Applications and Services Market Forecast by Type (2023-2031)

    5 Market Size Segment by Application5.1 Global 5G Applications and Services Revenue Market Share by Application (2017-2023)5.2 Global 5G Applications and Services Market Forecast by Application (2023-2032)

    6 Regions by Country, by Type, and by Application6.1 5G Applications and Services Revenue by Type (2017-2032)6.2 5G Applications and Services Revenue by Application (2017-2032)6.3 5G Applications and Services Market Size by Country6.3.1 5G Applications and Services Revenue by Country (2017-2031)6.3.2 United States 5G Applications and Services Market Size and Forecast (2017-2032)6.3.3 Canada 5G Applications and Services Market Size and Forecast (2017-2032)6.3.4 Mexico 5G Applications and Services Market Size and Forecast (2017-2032)

    7 Research Findings and Conclusion

    8 Appendix8.1 Methodology8.2 Research Process and Data Source8.3 Disclaimer

    9 Research Methodology

    10 Conclusion

    Continued….

    Request Free Sample PDF @ – https://www.globalmarketstatistics.com/enquiry/request-sample-pdf/10691

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