Web3

October 22, 2024

Everything You Need to Know Ahead of the ‘X Empire’ Telegram Game Airdrop – Decrypt

The hotly anticipated X Empire token launch and airdrop is fast approaching. Millions of players have been tapping away at the Elon Musk-themed game through its regular cycle and a bonus “Chill Phase,” all because of the promise of an upcoming airdrop.

On October 24 at 12pm UTC, the X token will launch onto The Open Network (TON) alongside an airdrop to a portion of its player base, which topped 50 million players during the final phase.

Those who qualified had their slice of the pie revealed to them on Friday, but players were left without a share—going directly to Mr. Musk himself to complain, despite no official connection to the game. Developers said that about 6 million players were ultimately eligible to claim tokens.

Despite the pushback, eligible users will want to claim their airdrop and know what they can do with their X tokens. If that’s you, then don’t worry, as we’ve collected all the information you need ahead of the big day.

How can I claim the airdrop?

Now that X Empire has officially paused gameplay, all you’ll see now when you open the Telegram mini app is a page detailing the airdrop.

In a large orange box, you will see the amount of X tokens that you have earned through both phases of the game. Underneath this box, you will see an option to donate your tokens to charity, to Telegram founder Pavel Durov, or to the X Empire team—but please remember that any donated tokens will not be airdropped to your wallet.

Below both the orange box and charity option, you will find a number of withdrawal options. This includes a number of centralized exchanges (including OKX, Bybit, and Bitget), an airdrop straight into the Telegram Wallet app, and finally an “on-chain” option for other self-custody wallets.

Image: Decrypt

Withdrawing to an exchange or the Telegram Wallet app won’t come with fees, though you will have to pay a network fee for the “on-chain” option for other wallets. Luckily, the average fee on TON is only about $0.02, so it’s not a huge deal.

Before selecting a centralized exchange option, ensure you have already created an account and completed the know-your-customer (KYC) process. After doing this and selecting your desired exchange on X Empire, you’ll simply be required to enter your ID and deposit address to claim your tokens.

This process will be very similar for the on-chain and Telegram wallet withdrawal options, albeit without KYC.

If you purchased one of the NFTs created for pre-market trading, the X Empire mini app also has an explainer detailing the process for redeeming these NFTs for X tokens.

What can I do with the token?

As with every token, you could sell it—but for how much is still yet to be seen. Pre-market trading on Bitget and KuCoin currently estimates that X will be valued at approximately $0.0002. However, it’s important to note that this is purely speculation, and more often than not the pre-market price doesn’t align with the actual price once the token is generated.

But that’s not all you can do with X, as X Empire is planning a number of new apps and partnerships that will utilize the soon-to-launch token.

The project claims that mini app partners will “very soon” announce an airdrop for X token holders, some of which have already been revealed. For example, TON app Memes Lab and play-to-earn game Staff Only will both allocate 2% of their total token supplies to reward active X holders.

“All these projects are already well-established companies with large audiences and potential, and we will tell you about each one individually,” a Telegram post stated.

Equally, X Empire is working on a collection of “utility apps” that promise to use the X token, including a news feed, language learning app, and sleep tracker. How these apps will specifically benefit X token holders remains to be seen.

What happens after the airdrop?

Besides those apps, X Empire’s flagship tap-to-earn game is likely to continue in some form. Following the airdrop, 25% of the total token supply remains allocated for “new users and phases.” It’s important to note that this initial airdrop covers 75% of the total supply—meaning that the next phase will likely reward players with fewer tokens.

When exactly X Empire will enter its third phase has yet to be announced. Previous Telegram tap-to-earn games have looked to reinvent themselves to keep players interested in what is otherwise a monotonous genre, and we may see the same from X Empire.

Hamster Kombat, for example, revealed its season two overhaul, which will see players build a video game studio and platform rather than running a hamster-operated crypto exchange. This is set for release “at the end of October,” a month after its September airdrop.

How X Empire will keep players interested in its tap-to-earn component has yet to be announced, however, with all eyes currently on Thursday’s big airdrop.

Edited by Andrew Hayward

GG Newsletter

Get the latest web3 gaming news, hear directly from gaming studios and influencers covering the space, and receive power-ups from our partners.

Source link

Japan’s Web3 transformation: How Monex Group is powering the nation’s crypto ecosystem

Web3

Metaverse Fashion Week Online

October 22, 2024

Japan’s Web3 transformation: How Monex Group is powering the nation’s crypto ecosystem

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›

Japan’s government actively promotes Web3 as a national policy, creating a favorable environment for conducting Web3 businesses there. In an exclusive interview with CryptoSlate, Tsukada from Monex Group explains that this includes “tax reforms for handling digital assets, accounting preparations, the legal positioning of DAOs, recommendations for local governments to enter Web3 and adopt the metaverse, support for exchanges with overseas talents, and Web3 events.”

Additionally, Japan has required the registration of cryptocurrency exchange operators since 2017, ensuring the “safe management of user information, regulated advertising and solicitation, and established an environment where users can utilize services with maximum protection and safety.”

This regulatory clarity has paved the way for further Web3 innovation, as Tsukada notes that in 2023, “it became possible to issue stablecoins backed by legal tender, allowing various companies, including existing financial institutions, to issue stablecoins.”

Major Japanese Corporations are Diving into Web3

The favorable regulatory environment has encouraged large Japanese corporations to enter the Web3 space. As Tsukada explains:

“NTT Docomo, the largest telecommunications company, has started developing its own wallet and is working on creating a user-friendly Web3 environment and rules. In the gaming industry, major companies like Square Enix are developing Web3 games using their IPs.”

The entry of these corporate giants signals the maturing of Japan’s Web3 ecosystem. Tsukada cites the success of Brilliant Crypto, which “conducted an IEO on Coincheck, our subsidiary and the largest CEX in Japan, reached a record high of 33.3 billion yen.”

He says this “is a great example of leveraging Web2 know-how to enter the Web3 gaming space successfully.”

Monex Group: A Diversified Financial Firm Embracing Web3

Monex Group, Inc. is a financial holding company with over 20 years of history, encompassing subsidiaries such as the centralized cryptocurrency exchange Coincheck, crypto asset consulting firms, AI startups, and securities companies.

As Tsukada explains:

“Monex Group provides various services related to crypto assets and blockchain, including the ‘MCB Web3 Newsletter’ and ‘MCB Research,’ the NFT project ‘OASIS,’ and the news app ‘Cheeese,’ which rewards users with Bitcoin. Established in December 2017, we have been focusing particularly on Web3 support services since last year, supporting the development of various services and the Japanese market.”

Monex Group’s Web3 Consulting Business: Leveraging In-House Expertise

Recognizing the growing demand for Web3 expertise in Japan, Monex Group has established a Web3 consulting business. As Tsukada elaborated:

“In the Web3 consulting business, we support companies entering Web3 by leveraging the know-how accumulated by Monex Group. We offer a wide range of support, from NFT community building and operation to NFT planning, issuance, and tokenomics consultation.”

Monex has already supported the “construction and operation of NFT projects for major automotive and Japanese local governments” and is currently “strengthening our support for overseas Web3 projects entering the Japanese market.”

The company’s Web3 consulting services include:

Web3 Business Research and PlanningNFT Planning, Issuance, and SalesCommunity Building/OperationMetaverse Development/CollaborationIEO Support/Tokenomics Design

Tsukada notes that Monex’s strengths in this area include “the reliability of being associated with a listed company,” its ability to “collaborate across the group” in various business developments, and “real-time feedback and insights from our community and metaverse services, used to build Web3 communities and market them.”

The OASIS Project: Monex’s Innovative NFT Community

A key part of Monex’s Web3 expertise comes from its in-house project, OASIS. As Asami explains:

“OASIS is a digital community that started in January 2023 with the concept of creating opportunities for transformation and new encounters. It was built from scratch as part of a listed company group in Japan’s highly regulated Web3 market. It is an innovative and challenging initiative, issuing and selling NFTs with almost no prior examples.”

One unique aspect of OASIS is its “cross-utilization of various metaverses.” Asami said:

“We are developing cities in Web3 metaverses like The Sandbox and Decentraland. We also have worlds in Fortnite and Cluster, Japan’s largest metaverse, and XANA, with further expansion planned.”

This multi-metaverse approach has allowed OASIS to attract a large community of nearly 30,000 members, making it “one of Japan’s largest.” Asami notes that the community “facilitates easy collaboration with many companies and projects” by discussing a “rich variety of themes” such as AI and Japan’s Vtuber culture.

Supporting Companies Entering the Japanese Web3 Market

Monex’s experience with the OASIS project has provided valuable insights that the company is now leveraging to support other organizations entering the Japanese Web3 market.

As Tsukada explains:

“Through the OASIS project, we gained extensive knowledge about community management and handling NFTs. We learned that many companies struggle with Web3 community building through interactions with external organizations and overseas projects. Therefore, we thought we could support companies entering the Web3 space through consulting.”

Monex’s strengths in this area include “the reliability of being associated with a listed company,” its ability to “collaborate across the group,” and access to “real-time feedback and insights from our community and metaverse services, used to build Web3 communities and market them.”

The company has already “started joint Web3 service construction with major domestic automotive” and “collaborated with local governments on regional contributions through Web3.”

Looking Ahead: Monex Group’s Presence at Upcoming Web3 Events

Monex Group actively showcases its Web3 expertise and services at major industry events. The company organized a side event called “Japan Crypto Fusion” at TOKEN2049 in Dubai, which attracted a strong turnout despite a schedule change due to record-breaking rainfall.

Additionally, Monex Group is planning to have a significant presence at the upcoming “NexTeck Week2024” technology festival in Tokyo in November, where the company is seeking partners to exhibit with them.

As the Japanese Web3 market continues to evolve, Monex Group’s diverse financial services and innovative approach to community building and consulting make it a key player in the country’s burgeoning ecosystem. If you have even a slight interest in expanding into the Japanese market, it would be wise to submit an inquiry.

To learn more:

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›

Mentioned in this article

Source link

Comparing AI Agents and Pipelines: Which is Right for You?

Web3

Metaverse Fashion Week Online

October 21, 2024

Comparing AI Agents and Pipelines: Which is Right for You?

When designing applications powered by large language models (LLMs), it is crucial to decide between using AI agents or a more conventional pipeline approach. While AI agents are flexible, adaptive, and interactive, they’re not always the best fit for every problem. On the other hand, pipelines, which pass the output of one task as the input to the next in a predefined sequence, offer a structured and predictable alternative.

In this article, we’ll explore the differences between AI agents and AI pipelines and identify which approach is better suited for specific types of applications. We’ll also use the CrewAI framework to demonstrate both techniques by building simple apps with different workflows.

What Are AI Agents?

AI agents represent autonomous entities that can make decisions and interact with users dynamically. They are often used for more complex, open-ended applications where decision-making is required based on user input. In this setup, the agent may ask multiple questions, adapt responses, and offer solutions or guidance in real time.

For example, consider a virtual assistant designed to help users troubleshoot their computer issues. If someone says, “My laptop won’t connect to Wi-Fi,” the AI agent would follow up with questions like:

Is the Wi-Fi switch turned on?

Are other devices connecting to the same network?

Have you tried restarting your router?

Based on the answers, the agent can offer more refined advice or ask additional questions until the problem is resolved.

AI Agent Example: Customer Support Chatbot

Let’s take a customer service scenario. A user is trying to solve a problem with their air conditioner. They interact with an AI chatbot, which operates as an intelligent agent, asking questions about the issue’s make, model, and symptoms to troubleshoot it.

Here’s an outline of how an AI agent operates in such a scenario:

Task: Help diagnose air conditioner problems.

Agent Behavior: The agent dynamically asks relevant questions, based on previous user responses, to narrow down the issue and suggest solutions.

Using the CrewAI framework, let’s create a simple example of a chatbot agent that can assist with air conditioner troubleshooting.

from crewai import Agent, Task, Crew

# Define the agent
support_agent = Agent(
role=”Customer Support Agent”,
goal=”Help diagnose and fix air conditioner problems”,
backstory=”You are a seasoned HVAC technician.”,
tools=[],
llm=”gpt-4″
)

# Define the task
task = Task(
description=”My air conditioner isn’t cooling the room.”,
expected_output=”A diagnosis and potential solution to the problem.”,
agent=support_agent
)

# Define the crew
crew = Crew(
agents=[support_agent],
tasks=[task],
verbose=True
)

# Execute the crew
result = crew.kickoff()

print(result.raw)

In this scenario, the AI agent asks questions like “Is the air filter clean?” or “Is the thermostat set to the correct temperature?” The agent continues interacting with the user until it solves the problem or refers them to a human technician.

What Are AI Pipelines?

In contrast to agents, AI pipelines are a sequence of predefined tasks where each task’s output is used as input for the next one. They are especially effective for repetitive and well-defined processes, such as generating reports, performing data transformations, or processing documents.

Pipelines follow a strict order of operations, and each task is focused on a specific, narrow function. For instance, if you need to generate sales reports regularly from a set of spreadsheets, a pipeline can efficiently consolidate the data, generate charts, and create a final report in one linear process.

Pipeline Example: Monthly Sales Report Generator

Let’s say the head of sales for a retail company wants a monthly sales report. The pipeline could include the following steps:

Data Consolidation: Combine sales data from multiple branches.

Analysis: Generate insights based on sales trends.

Chart Generation: Create bar and line charts comparing branch performance.

Report Writing: Summarize the data and charts into a final report.

Here’s how a pipeline app could work in CrewAI to generate such a report:

from crewai import Agent, Task, Crew

# Define the agent for data consolidation
consolidation_agent = Agent(
role=”Data Analyst”,
goal=”Consolidate sales data from various branches”,
backstory=”You specialize in data aggregation.”,
llm=”gpt-4″
)

# Define the agent for chart generation
chart_agent = Agent(
role=”Chart Creator”,
goal=”Generate visual representations of sales data.”,
backstory=”You are an expert in creating graphs and charts.”,
llm=”gpt-4″
)

# Define the agent for report writing
report_agent = Agent(
role=”Report Writer”,
goal=”Summarize sales data and insights into a final report.”,
backstory=”You have experience in crafting business reports.”,
llm=”gpt-4″
)

# Define the tasks
task1 = Task(
description=”Consolidate sales data from branches for August.”,
expected_output=”A single dataset of sales data.”,
agent=consolidation_agent
)

task2 = Task(
description=”Create bar and line charts comparing branch performance.”,
expected_output=”Charts comparing sales performance.”,
agent=chart_agent
)

task3 = Task(
description=”Write a summary report based on the consolidated data and charts.”,
expected_output=”A final sales report.”,
agent=report_agent
)

# Define the crew
crew = Crew(
agents=[consolidation_agent, chart_agent, report_agent],
tasks=[task1, task2, task3],
verbose=True
)

# Execute the crew
result = crew.kickoff()

print(result.raw)

This pipeline consolidates data, analyzes it, and generates the final report, ensuring a repeatable, structured process with minimal need for human intervention.

Comparing AI Agents and AI Pipelines

Advantages of AI Agents:

Interactivity: AI agents can handle complex, open-ended tasks and adapt based on user responses, making them ideal for customer service or personal assistants.

Context Awareness: Agents can remember previous interactions, allowing them to make informed decisions based on past conversations.

Flexibility: Agents are not bound by a strict process, enabling them to dynamically navigate a range of potential scenarios.

Advantages of AI Pipelines:

Predictability: Pipelines follow a strict, deterministic flow, ensuring that results are consistent and repeatable each time.

Modularity: Pipelines can easily scale by adding or removing tasks, making them suitable for complex processes broken down into smaller, manageable steps.

Efficiency: For applications with repetitive tasks, pipelines offer a faster and more reliable approach than agents, which may introduce variability due to their adaptive nature.

Choosing the Right Approach

Use AI Agents when your application requires dynamic decision-making, interaction with users, or the ability to handle open-ended tasks. For example, an AI-powered customer support assistant or a virtual tutor would benefit from an agent’s adaptive, interactive nature.

Use AI Pipelines when: Your application involves predefined tasks that don’t change based on user interaction. Pipeline-based solutions are ideal for tasks like report generation, data processing, or repetitive workflows.

Building a Hybrid System

In some cases, you may want to combine both approaches. For instance, you might use an AI agent to handle user interactions, gather inputs, and then pass the data to a pipeline that processes it and produces a structured output. Hybrid models offer the flexibility of agents with the reliability of pipelines.

Hybrid Example: E-commerce Customer Support + Order Summary

Imagine an e-commerce support system where an AI agent helps users track their orders and passes the information to a pipeline that generates an order summary once the order is located.

Agent Task: The AI agent interacts with the customer, asking for order details (e.g., order number, shipping address).

Pipeline Task: Once the order details are retrieved, a pipeline generates a detailed order summary and sends it to the customer.

Combining the two approaches can create a robust system that offers both interactivity and structure.

Conclusion: Choosing AI Agents or Pipelines

Choosing between AI agents and AI pipelines depends on the nature of the task at hand. AI agents are ideal for complex, interactive scenarios that require flexibility, whereas AI pipelines offer a more structured and predictable approach to repetitive tasks. Understanding the strengths and limitations of each approach will help you design more effective and efficient AI-powered applications.

FAQs

What is the primary difference between AI agents and pipelines?

AI agents are dynamic and interactive, adapting based on user input, whereas pipelines follow a strict, linear process to complete predefined tasks.

Can I use both AI agents and pipelines in the same application?

Yes, hybrid applications can benefit from combining the flexibility of AI agents with the structure of pipelines.

Are pipelines more efficient than agents?

Pipelines are more efficient for repetitive tasks, as they follow a deterministic sequence, making them faster and more predictable than agents.

Which is better for customer support applications: agents or pipelines?

AI agents are better suited for customer support because they can interact with users, ask follow-up questions, and adapt to different scenarios.

Can pipelines handle complex decision-making tasks?

Pipelines are less suited for open-ended or complex decision-making tasks; agents are better equipped to handle such scenarios due to their adaptive capabilities.

Source link

NFTs & Crypto: Discover the Next Big Thing in Digital Ownership – Web3oclock

Web3

Metaverse Fashion Week Online

October 21, 2024

NFTs & Crypto: Discover the Next Big Thing in Digital Ownership – Web3oclock

Table of Contents:

The Intersection of NFTs and Cryptocurrencies

Use Cases of NFTs in the Crypto World

Future of NFTs and Cryptocurrencies

The world of digital assets has evolved rapidly, with NFTs (non-fungible tokens) and cryptocurrencies leading the way. While NFTs allow for unique ownership of digital items, cryptocurrencies provide the financial infrastructure that powers these transactions. The combination of these technologies is creating a transformative impact across industries, from art and gaming to finance and real estate.

Let’s explore the key aspects of NFT crypto, from their intersection, use cases, and investment opportunities to the challenges they face and what the future holds for these revolutionary digital assets.

The Intersection of NFTs and Cryptocurrencies:

At their core, both NFTs and cryptocurrencies are built on blockchain technology. Cryptocurrencies, like Bitcoin and Ethereum, represent digital forms of currency, fungible assets that can be traded one-for-one. NFTs, on the other hand, are unique digital assets, each with its value, making them non-fungible. But while they may seem different, NFTs and cryptocurrencies share a deep connection:

1. Blockchain as the Backbone:

Both NFTs and cryptocurrencies rely on decentralized blockchain technology. This provides transparency, security, and immutability, ensuring that each transaction or asset is securely recorded and cannot be tampered with.

2. Ethereum Leading the Way:

Ethereum, the second-largest cryptocurrency by market cap, is the primary blockchain used for NFTs. Its smart contract capabilities allow for the creation, sale, and transfer of NFTs on decentralized platforms, making it the go-to cryptocurrency for many NFT transactions.

3. Cryptocurrencies Fuel the NFT Market:

Most NFTs are bought, sold, and traded using cryptocurrencies, with Ethereum being the most popular. This creates a direct link between crypto holdings and NFT ownership, as buyers need cryptocurrency to enter the NFT market.

This intersection has created a symbiotic relationship where cryptocurrencies empower the NFT economy, and NFTs bring new use cases to blockchain technology, making the whole ecosystem richer and more dynamic.

Use Cases of NFTs in the Crypto World:

The merger of NFTs and cryptocurrencies isn’t just creating a buzz; it’s leading to real-world applications that are transforming industries. Here are some key use cases in the crypto world:

1. Digital Art and Collectibles:

Source: digisaurier.de

Perhaps the most well-known use case for NFTs is in the world of digital art. Artists can tokenize their work, creating NFTs that collectors can purchase using cryptocurrencies. This not only gives artists a new way to monetize their work but also provides buyers with verifiable ownership of unique pieces. Think of Beeple’s famous $69 million NFT sale or the explosion of Bored Ape Yacht Club, these are just the beginning of what’s possible in digital ownership.

2. Gaming:

NFTs have found a perfect fit in the gaming industry. Players can buy, sell, and trade in-game assets, such as weapons, skins, or even entire characters, as NFTs using cryptocurrencies. Games like Axie Infinity and Decentraland have shown how NFTs can create a digital economy where players have true ownership of their assets, even being able to monetize them outside of the game.

3. Metaverse Integration:

The metaverse, a virtual universe where users can interact, play, and even conduct business, has become a hotbed for NFT activity. Within metaverse platforms like The Sandbox and Decentraland, users can buy virtual land, create digital experiences, or purchase avatar items using cryptocurrencies. NFTs in the metaverse give users real ownership of their digital assets, creating a decentralized economy where virtual property holds real-world value.

3. Music and Entertainment:

Source: vinylchapters.com

Musicians and content creators are also entering the NFT space. By minting their music, albums, or exclusive content as NFTs, they can sell directly to fans, bypassing traditional intermediaries like record labels. Cryptocurrencies facilitate these transactions, creating a decentralized model for content distribution. Kings of Leon made headlines as the first band to release an album as an NFT, signaling the potential of NFTs in the entertainment industry.

4. Decentralized Finance (DeFi) and NFTs:

Source: pixelplex.io

Another fascinating use case is the integration of NFTs with DeFi. Some projects now allow users to stake NFTs in exchange for rewards, use them as collateral for crypto loans, or earn passive income through NFT-based yield farming. This hybrid use of NFTs and DeFi is still in its early stages but promises to revolutionize financial services.

Investment Opportunities of NFTs & Crypto:

With the explosion of NFTs and their integration into the crypto world, it’s no surprise that investors are paying close attention. Here are the keyways NFTs and cryptocurrencies are creating investment opportunities:

1. NFT Flipping:

Just like buying and selling stocks or real estate, NFT flipping has become a lucrative investment strategy. Investors buy NFTs at lower prices and then sell them for a profit once the value appreciates. Some collections, like Bored Ape Yacht Club or CryptoPunks, have seen prices skyrocket, turning early buyers into millionaires. However, as with any investment, there’s risk involved, as prices can fluctuate based on trends and demand.

2. Tokenized Real Estate:

The concept of tokenizing real-world assets as NFTs is gaining traction. Investors can now buy fractions of high-value real estate properties via NFTs, creating a new form of decentralized ownership. This provides exposure to real estate markets with the added benefits of liquidity and lower barriers to entry, all through cryptocurrency transactions.

3. Metaverse Land and Assets:

Virtual land and items within the metaverse are becoming valuable investment assets. Users are purchasing plots of land in virtual worlds like The Sandbox, and as these platforms grow in popularity, the value of virtual real estate increases. Some metaverse assets have already been sold for millions, and as these virtual environments expand, so too does the potential for financial gains.

4. Yield-Generating NFTs:

Some NFTs, particularly those integrated with DeFi, offer investors the ability to earn passive income. By staking NFTs or using them as collateral for loans, investors can generate returns on their digital assets, creating a new avenue for wealth accumulation.

5. Long-term Collectible Value:

As with traditional art or collectibles, some investors view high-quality NFTs as long-term stores of value. Just like a rare painting, NFTs with historical significance, scarcity, or cultural impact could appreciate over time, making them valuable investment vehicles for the future.

Challenges and Risks of NFTs & Crypto:

As with any new technology, NFTs and their intersection with the crypto world come with challenges and risks:

1. Volatility:

The NFT market, much like the broader crypto market, is highly volatile. Prices for NFTs can skyrocket one day and plummet the next, often driven by speculation, hype, or external factors like celebrity endorsements.

2. Regulatory Uncertainty:

As the popularity of NFTs grows, so does scrutiny from regulators. Questions around taxation, copyright, and intellectual property rights remain unresolved, and future regulations could impact the market significantly.

3. Environmental Concerns:

The energy consumption associated with blockchain transactions, especially for cryptocurrencies like Ethereum, has raised environmental concerns. While solutions like Ethereum 2.0 and other energy-efficient blockchains are being developed, the carbon footprint of NFTs remains a hot topic.

4. Market Saturation:

With the surge in NFT creation, there’s a risk of market saturation. Not every NFT project will succeed, and it can be difficult for investors to distinguish between genuinely valuable assets and those driven by hype.

5. Security Risks:

While blockchain technology itself is secure, NFT owners face risks from phishing attacks, scams, and digital wallet vulnerabilities. Investors to take proper precautions when buying, selling, and storing their NFTs.

Future of NFTs & Cryptocurrencies:

The future of NFTs and their integration with cryptocurrencies is incredibly promising. As both technologies mature, we’re likely to see even more innovative use cases and investment opportunities. The rise of the metaverse, along with the integration of NFTs into real-world industries, could push these digital assets into everyday use.

Additionally, the evolution of blockchain technology, such as Ethereum’s shift to a proof-of-stake model, will address environmental concerns, making NFTs and cryptocurrencies more sustainable. The continued development of decentralized finance will also open up new possibilities for NFT utility and financial applications.

The intersection of NFTs and cryptocurrencies has created an exciting new frontier in the digital economy. From digital art and gaming to the metaverse and decentralized finance, NFTs are proving to be more than just a passing trend. They’re reshaping how we think about ownership, creativity, and investment.

As NFTs continue to grow in popularity and use cases expand, the opportunities for investors, creators, and enthusiasts are vast. However, as with any emerging market, it’s important to remain informed about the risks and challenges.

What are your thoughts on the future of NFTs and crypto? Share your opinion below, and don’t forget to subscribe to Web3 O’clock for the latest updates in NFTs, crypto, and the future of digital assets!

Source link

OpenAI GPT 4o ranked as best AI model for writing Solidity smart contract code by IQ

Web3

Metaverse Fashion Week Online

October 21, 2024

OpenAI GPT 4o ranked as best AI model for writing Solidity smart contract code by IQ

Receive, Manage & Grow Your Crypto Investments With Brighty

SolidityBench by IQ has launched as the first leaderboard to evaluate LLMs in Solidity code generation. Available on Hugging Face, it introduces two innovative benchmarks, NaïveJudge and HumanEval for Solidity, designed to assess and rank the proficiency of AI models in generating smart contract code.

Developed by IQ’s BrainDAO as part of its forthcoming IQ Code suite, SolidityBench serves to refine their own EVMind LLMs and compare them against generalist and community-created models. IQ Code aims to offer AI models tailored for generating and auditing smart contract code, addressing the growing need for secure and efficient blockchain applications.

As IQ told CryptoSlate, NaïveJudge offers a novel approach by tasking LLMs with implementing smart contracts based on detailed specifications derived from audited OpenZeppelin contracts. These contracts provide a gold standard for correctness and efficiency. The generated code is evaluated against a reference implementation using criteria such as functional completeness, adherence to Solidity best practices and security standards, and optimization efficiency.

The evaluation process leverages advanced LLMs, including different versions of OpenAI’s GPT-4 and Claude 3.5 Sonnet as impartial code reviewers. They assess the code based on rigorous criteria, including implementing all key functionalities, handling edge cases, error management, proper syntax usage, and overall code structure and maintainability.

Optimization considerations such as gas efficiency and storage management are also evaluated. Scores range from 0 to 100, providing a comprehensive assessment across functionality, security, and efficiency, mirroring the complexities of professional smart contract development.

Which AI models are best for solidity smart contract development?

Benchmarking results showed that OpenAI’s GPT-4o model achieved the highest overall score of 80.05, with a NaïveJudge score of 72.18 and HumanEval for Solidity pass rates of 80% at pass@1 and 92% at pass@3.

Interestingly, newer reasoning models like OpenAI’s o1-preview and o1-mini were beaten to the top spot, scoring 77.61 and 75.08, respectively. Models from Anthropic and XAI, including Claude 3.5 Sonnet and grok-2, demonstrated competitive performance with overall scores hovering around 74. Nvidia’s Llama-3.1-Nemotron-70B scored lowest in the top 10 at 52.54.

SolidityBench scores for LLMs (Hugging Face)

Per IQ, HumanEval for Solidity adapts OpenAI’s original HumanEval benchmark from Python to Solidity, encompassing 25 tasks of varying difficulty. Each task includes corresponding tests compatible with Hardhat, a popular Ethereum development environment, facilitating accurate compilation and testing of generated code. The evaluation metrics, pass@1 and pass@3, measure the model’s success on initial attempts and over multiple tries, offering insights into both precision and problem-solving capabilities.

Goals of utilizing AI models in smart contract development

By introducing these benchmarks, SolidityBench seeks to advance AI-assisted smart contract development. It encourages the creation of more sophisticated and reliable AI models while providing developers and researchers with valuable insights into AI’s current capabilities and limitations in Solidity development.

The benchmarking toolkit aims to advance IQ Code’s EVMind LLMs and also sets new standards for AI-assisted smart contract development across the blockchain ecosystem. The initiative hopes to address a critical need in the industry, where the demand for secure and efficient smart contracts continues to grow.

Developers, researchers, and AI enthusiasts are invited to explore and contribute to SolidityBench, which aims to drive the continuous refinement of AI models, promote best practices, and advance decentralized applications.

Visit the SolidityBench leaderboard on Hugging Face to learn more and begin benchmarking Solidity generation models.

Top AI Crypto Assets

View AllMentioned in this article

Source link

Smart Remote Market is growing at a CAGR of 7.8% in the forecast period (2024-2031) | Web3Wire

Web3

Metaverse Fashion Week Online

October 21, 2024

Smart Remote Market

Developing acknowledgment of consumer appliances manufacturers has prompted a change in their concentration towards improvement and interest in advancement driven arrangements. Such progressions in functionalities and attractive designs of home equipments will keep on leaning toward smart remote market growth. Expansion of IoT-associated gadgets is a key empowering influencer of smarter living, alongside quick penetration of smaller sensors into existing home structures, has implied that smart home hardware and gadget producers are ceaselessly competing to stay at the front. This will essentially provide an exponential push to smart remote control improvements within a forecast time-frame. The rising tendency of the customers towards comfort, in excess of cost, has prompted the developments and upgrades that enhance the client experience, combined with progressions in technologies such as graphical user interface (GUI).

Get Your Free Sample Report Here @ https://www.skyquestt.com/sample-request/smart-remote-market

Global Smart Remote Market size was valued at USD 2.16 billion in 2022 and is poised to grow from USD 2.33 billion in 2023 to USD 4.58 billion by 2031, growing at a CAGR of 7.8% in the forecast period (2024-2031).

This Smart Remote Market report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future. Production and consumption patterns are being carefully compared to forecast the Smart Remote Market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth. The Smart Remote Market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. To determine the growth of the Smart Remote Market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Market Segmentation:

Smart Remote Market is segmented based on type, distribution channel, application and region.

Based on type Smart Remote Market is segmented into IR, RF, Bluetooth and WiFi smart remotes.Based on distribution channel Smart Remote Market is bifurcated into online, offline.On the basis of Applications Smart Remote Market is classified into Residential and Commercial.Based on region Smart Remote Market is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.

Smart Remote Market Top Player’s Company Profiles

Sony CorporationBose CorporationLogitech International S.A.Universal Electronics Inc.Peel Technologies Inc.Savant Systems LLCControl4 CorporationRuwido Austria GmbHSMK CorporationCrestron Electronics Inc.Amulet Hotkey Ltd.ADT Inc.ABB Ltd.Leviton Manufacturing Co., Inc.BroadLinkLG Electronics Inc.Samsung Electronics Co., Ltd.TCL CorporationXfinityAmazon.com, Inc.

To establish the important thing traits, Ask Our Experts @ https://www.skyquestt.com/speak-with-analyst/smart-remote-market

Essential regions of the Smart Remote market are:

• Smart Remote North America Market includes (Canada, Mexico, USA)• Smart Remote Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)• Smart Remote Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)• Smart Remote South America Market includes (Brazil, Argentina)

FAQs: –

1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?2. Who are the major manufacturers who dominate the world market?3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?4. What are the market’s risks and opportunities?

What’s more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Smart Remote industry.

Take Action Now: Secure Your Smart Remote Market Today – https://www.skyquestt.com/buy-now/smart-remote-market

Objectives of the Study:

• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market• To provide a detailed overview of the value chain and analyze market trends with the Porter’s five forces analysis• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

Looking ahead, the Smart Remote Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Smart Remote Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.

Browse Complete Report Smart Remote Market 2024 for Better Understanding – https://www.skyquestt.com/report/smart-remote-market

Table of Contents

Global Smart Remote Market Research Report 2024-2031Chapter 1 Smart Remote Market OverviewChapter 2 Global Economic Impact on IndustryChapter 3 Global Market Competition by ManufacturersChapter 4 Global Production, Revenue (Value) by RegionChapter 5 Global Supply (Production), Consumption, Export, Import by RegionsChapter 6 Global Production, Revenue (Value), Price Trend by TypeChapter 7 Global Market Analysis by ApplicationChapter 8 Manufacturing Cost AnalysisChapter 9 Industrial Chain, Sourcing Strategy and Downstream BuyersChapter 10 Marketing Strategy Analysis, Distributors/TradersChapter 11 Market Effect Factors AnalysisChapter 12 Global Smart Remote Market Forecast…

SkyQuest Technology1 Apache Way, Westford,Massachusetts 01886USA (+1) 351-333-4748Email: sales@skyquestt.comVisit Our Website: https://www.skyquestt.com/

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

This release was published on openPR.

Source link

Why Flux AI Outshines the Heavily Censored MidJourney

Web3

Metaverse Fashion Week Online

October 21, 2024

Why Flux AI Outshines the Heavily Censored MidJourney

In today’s world, where technology blends with creativity, AI-powered art generators are becoming the go-to playground for artists, designers, and hobbyists. However, a heated debate around censorship and artistic freedom is emerging, especially on popular platforms like MidJourney.

If you’ve ever encountered the frustrating “Oops, that content is too spicy” message on MidJourney, you’re not alone. But now, there is a new player in town—Flux AI, an open-source alternative that promises a censorship-free experience. So, the big question is: is Flux better?

We’re about to dive deep into this battle and compare Flux with MidJourney, looking at their approach to prompts, creativity, censorship, and pricing. This comparison will explore both platforms’ emotional, artistic, and societal dimensions to determine which one truly takes the crown. Ready? Let’s dive in!

1. Overview: What Are Flux AI and MidJourney?

Let’s start by introducing the contenders.

Flux AI is like that rebellious friend who breaks all the rules. Developed by ex-Stability AI members under the name Black Forest Labs, Flux is open-source, allowing full creative freedom. You can generate anything from peaceful nature scenes to intense sci-fi battles without any restrictions. It’s the no-limits playground for artistic expression.

On the other hand, MidJourney is a polished, well-established platform known for its stunningly beautiful images. However, it imposes strict content guidelines. Images depicting violence, explicit content, or even political themes are strictly forbidden, leaving artists feeling somewhat boxed in.

2. Breaking Down Flux AI’s Core Models

Flux AI offers three primary models, each designed for different user needs:

Schnell: Fast and lightweight, best for quick image generation with minimal hardware requirements.

Dev: A mid-tier option offering more refined results without top-end polish.

Pro: Flux’s premium model delivers top-quality images, prompt adherence, and maximum versatility.

If you choose to run Flux on your hardware, be prepared to invest in powerful GPUs and plenty of RAM. DigitalOcean recommends at least 40 GB VRAM machines at the minimum. It’s a demanding tool, but the rewards are worth it for those seeking creative control.

3. MidJourney: A Closer Look at Its Strengths

MidJourney recently upgraded to its v6.1 algorithm, which improved aspects like hand coherence, facial accuracy, and detailed features. This upgrade reduced the common “weird hand” problem that plagued earlier AI art. However, the platform’s strict censorship remains a major drawback, limiting the types of content you can create.

What’s new in V6.1?

More coherent images (arms, legs, hands, bodies, plants, animals, etc.)

Much better image quality (reduced pixel artifacts, enhanced textures, skin, etc.)

More precise, detailed, and correct small image features (eyes, small faces, far away hands, etc.)

New 2x upscale with much better image/texture quality

Roughly 25% faster for standard image jobs

Improved text accuracy (when drawing words via “quotations” in prompts)

A new personalization model with improved nuance, surprise, and accuracy

Personalization code versioning (use any personalization code from old jobs to use the personalization model and data from that job)

A new –q 2 mode, which takes 25% longer to (sometimes) add more texture at the cost of reduced image coherence

Things should look “generally more beautiful” across the board

4. Prompt Showdown: Flux AI vs MidJourney

Now, let’s compare how these platforms handle the same prompt. Imagine you enter the prompt: “Three knights stand on a red carpet. The knight on the left holds a banner that says ‘Creativity,’ the middle one holds a banner that says ‘With,’ and the right knight holds one that says ‘AI.’ In the background, a golden phoenix rises.”

On MidJourney, the images look aesthetically pleasing, but the banners might be jumbled or unclear. The phoenix appears as an oddly shaped bird instead of a majestic creature. While the visuals are lovely, the specifics often miss the mark.

Flux AI, however, tends to nail it. The knights hold clear banners, and the phoenix appears as a distinct, powerful figure in the background. Flux wins the prompt battle with its ability to interpret and render the scene accurately.

5. Censorship: Creative Freedom vs Restrictions

This is where the two platforms sharply diverge. MidJourney enforces strict content moderation—blocking anything remotely controversial, whether it’s violent, explicit, or politically charged. This can feel stifling, especially for creators who want to push the boundaries of their work.

In contrast, Flux AI embraces a “no censorship” policy. Artists have full freedom to create anything, whether light-hearted or provocative. This isn’t just about creating shocking imagery—Flux allows artists to explore complex themes and bold social commentary without restrictions.

6. Pricing: Which Platform Offers Better Value?

Regarding pricing, the difference between MidJourney and Flux is significant.

MidJourney starts at $10 monthly for 200 images, with a $30 monthly option for unlimited generation (with limited fast-generation hours).

Flux AI is free if you run it on your own hardware, or it can be purchased on third-party platforms like Hugging Face for around $1 per 333 images.

Flux offers a better deal for budget-conscious users. However, MidJourney’s subscription model is more convenient for those who want a plug-and-play solution without worrying about hardware requirements.

7. Why Artistic Freedom Matters

The censorship debate extends beyond creating art. When platforms like MidJourney limit what artists can generate, it raises questions about creative freedom. Art has historically been a form of expression, often exploring sensitive or controversial subjects. By enforcing restrictive guidelines, platforms risk curbing that natural, essential creativity.

By remaining open-source and uncensored, Flux taps into the desire for uninhibited exploration. Artists can address difficult topics, create provocative pieces, or simply experiment with unique ideas.

8. Cultural Impact: Censorship and Expression

In a time when social media platforms and tech companies dictate what we can or can’t say, Flux represents a pushback against that control. The growing demand for open platforms reflects a broader cultural movement advocating for freedom of speech and artistic expression.

Choosing between Flux and MidJourney is, in many ways, a choice about what kind of world we want to foster—a world where creativity is guided and sanitized or it’s allowed to flourish without boundaries.

9. Conclusion: Is Flux AI Better Than MidJourney?

MidJourney undoubtedly excels at generating stunning visuals, often producing some of the best-looking AI art. However, its censorship policies make it less appealing for those who want complete freedom to explore any creative concept.

Though less polished in some respects, Flux AI offers an uncensored experience that allows true artistic expression. For creators who value freedom over aesthetics, Flux is the clear winner.

Ultimately, the best platform for you depends on your priorities. If you want convenience and polished images, stick with MidJourney. But if you’re looking to push creative boundaries without restrictions, you should consider Flux.

FAQs

1. Can I use both Flux AI and MidJourney?

Yes, many artists use both platforms depending on the type of project they’re working on. MidJourney for refined, polished images, and Flux for unrestricted creativity.

2. What kind of hardware do I need to run Flux AI?

If you plan on running Flux locally, you’ll need a powerful GPU and significant RAM. Otherwise, you can use third-party platforms like Hugging Face to avoid hardware costs.

3. Does MidJourney allow any form of controversial content?

MidJourney has strict rules against violence, nudity, and politically charged content, limiting what you can create in those areas.

4. How does Flux AI handle NSFW content?

Flux does not censor content, allowing NSFW and other controversial themes without moderation.

5. Is there a free version of MidJourney?

MidJourney offers limited free trials, but a paid subscription is required for regular use.

Source link

Here Is Today’s ‘Tomarket’ Telegram Game Daily Combo – Decrypt

Web3

Metaverse Fashion Week Online

October 19, 2024

Here Is Today’s ‘Tomarket’ Telegram Game Daily Combo – Decrypt

Rising Telegram crypto game Tomarket is approaching its TOMA token launch and airdrop on October 31 via The Open Network, which means there’s only a couple weeks left for players to rack up tomatoes that will lead to a share of the token drop.

Tomarket offers various ways to earn tomatoes, including by farming them over a three-hour span, playing a game where you’ll swipe over falling tomatoes, and completing tasks that point you towards YouTube videos and other Telegram games and communities.

But now Tomarket has launched another way to juice your earnings, adding a daily combo feature. Unlike the daily combos seen in games like Hamster Kombat and Captain Tsubasa: Rivals, this one gives you a grid of little pixel characters and tasks you with tapping the three faces in question—and in the right order.

Tomarket offers teases of the solution via YouTube videos, but Decrypt’s GG will make it easy on you: We’ll be updating this guide daily for the foreseeable future with the latest solution, as seen below. Enjoy the free digital tomatoes.

Tomarket daily combo

Tomarket’s daily combo is found by tapping the Tasks button at the bottom of the screen. You’ll need to watch the YouTube video listed under “Time-limited tasks” and successfully claim the reward before entering the combo, so be sure to do that first.

Here is the daily combo solution updated on Saturday, October 19:

Image: Decrypt

The daily reward is 15,000 TOMATO, 2 stars, and 3 tickets.

Editor’s note: This story was originally published on October 16, 2024 and will be updated daily with the latest combo.

GG Newsletter

Get the latest web3 gaming news, hear directly from gaming studios and influencers covering the space, and receive power-ups from our partners.

Source link

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

Web3

Metaverse Fashion Week Online

October 18, 2024

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.

Source link

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

Web3

Metaverse Fashion Week Online

October 18, 2024

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!

Source link

1...666768...76 Page 67 of 76

How can I claim the airdrop?

What can I do with the token?

What happens after the airdrop?

GG Newsletter

Major Japanese Corporations are Diving into Web3

Monex Group: A Diversified Financial Firm Embracing Web3

Monex Group’s Web3 Consulting Business: Leveraging In-House Expertise

The OASIS Project: Monex’s Innovative NFT Community

Supporting Companies Entering the Japanese Web3 Market

Looking Ahead: Monex Group’s Presence at Upcoming Web3 Events

What Are AI Agents?

AI Agent Example: Customer Support Chatbot

What Are AI Pipelines?

Pipeline Example: Monthly Sales Report Generator

Comparing AI Agents and AI Pipelines

Advantages of AI Agents:

Advantages of AI Pipelines:

Choosing the Right Approach

Building a Hybrid System

Hybrid Example: E-commerce Customer Support + Order Summary

Conclusion: Choosing AI Agents or Pipelines

FAQs

The Intersection of NFTs and Cryptocurrencies:

1. Blockchain as the Backbone:

2. Ethereum Leading the Way:

3. Cryptocurrencies Fuel the NFT Market:

Use Cases of NFTs in the Crypto World:

1. Digital Art and Collectibles:

2. Gaming:

3. Metaverse Integration:

3. Music and Entertainment:

4. Decentralized Finance (DeFi) and NFTs:

Investment Opportunities of NFTs & Crypto:

1. NFT Flipping:

2. Tokenized Real Estate:

3. Metaverse Land and Assets:

4. Yield-Generating NFTs:

5. Long-term Collectible Value:

Challenges and Risks of NFTs & Crypto:

1. Volatility:

2. Regulatory Uncertainty:

3. Environmental Concerns:

4. Market Saturation:

5. Security Risks:

Future of NFTs & Cryptocurrencies:

Which AI models are best for solidity smart contract development?

Goals of utilizing AI models in smart contract development

Top AI Crypto Assets

1. Overview: What Are Flux AI and MidJourney?

2. Breaking Down Flux AI’s Core Models

3. MidJourney: A Closer Look at Its Strengths

4. Prompt Showdown: Flux AI vs MidJourney

5. Censorship: Creative Freedom vs Restrictions

6. Pricing: Which Platform Offers Better Value?

7. Why Artistic Freedom Matters

8. Cultural Impact: Censorship and Expression

9. Conclusion: Is Flux AI Better Than MidJourney?

FAQs

Tomarket daily combo

GG Newsletter

Popular Monkey NFT Collections:

1. Bored Ape Yacht Club (BAYC):

2. Mutant Ape Yacht Club (MAYC):

3. The CyberKongz:

4. Jungle Freaks:

Cultural and Market Significance of Monkey NFT:

Market Trends and Financial Value of Monkey NFT:

1. Floor Prices:

2. Secondary Market Boom:

3. Utility Beyond Art:

Challenges and Risks of Monkey NFT:

1. Market Fluctuations:

2. Oversaturation:

3. Frauds and Safety:

4. Environmental Impact:

Future of Monkey NFTs:

1. Integration with the Metaverse:

2. Expansion of Utility:

3. Long-Term Cultural Relevance:

Popular Posts