Author: Asppadmin1

The Ethereum merge is still fresh. Not even a month has passed since the second-largest blockchain switched from an energy-intensive proof of work validation mechanism to proof of stake, lowering its energy consumption by 99.5 percent. But context clarifies the magnitude of this change. In the summer before the merge, Ethereum consumed nearly 60 tera-watt hours (TWh) per year, which was roughly on par with the country of Uzbekistan’s annual energy needs. It also meant that the blockchain had a carbon footprint comparable to Azerbaijan’s, emitting roughly 33 megatons (MT) of carbon a year. Take a look at the graph…

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When you store something on a blockchain — whether it’s a meme coin, a Goblin NFT, or even government documents — it will remain there forever, etched upon the blockchain’s ledger. It won’t be disturbed or modified, and, barring a worldwide apocalypse, it won’t be forgotten. This last bit is essential. Although an ISIS supporter may have previously experimented with the immutable properties of blockchain technology as a way to keep hateful propaganda online forever, this is very much the exception and not the rule. As such, multiple projects have propped up over the years to leverage this core feature…

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The first Metaverse Festival in Italy has been announced to be held on Tuesday 11 October, from 9.00 to 18.30, at the Duomo of the OGR Officine Grandi Riparazioni in Turin, with partners and sponsors including: European Parliament, European Commission, European Year of Youth , Piedmont Region, Municipality of Turin, Italian Institute of Technology IIT. Organized by ANGI National Association of Young Innovators, in collaboration with OGR Turin, the event was born from the desire to involve the big names in the tech world, startups and young opinion leaders to illustrate the new trends in the world of communication and…

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In today’s NFT News, one cannot miss Yuga Labs’ announcement that it has created a new council for the Bored Ape Yacht Club (BAYC) community.  Not only that, Brian Trunzo, head of Polygon‘s metaverse, said jpegs are not the future of NFTs and Web3, while Starry Night Capital Fund’s collection of more than 400 NFTs appears to have been transferred to a Gnosis Safe account, a multi-signature Ethereum wallet.  NFT News: launch of new BAYC council announced by Yuga Labs Yuga Labs has announced the launch of the new council for the Bored Ape Yacht Club (BAYC) community, aiming to…

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Every Wednesday morning, Artnet News brings you The Gray Market. The column decodes important stories from the previous week—and offers unparalleled insight into the inner workings of the art industry in the process. This week, another meaning for the old threat “they have your number”…   QUANTITIES VS. QUALITY Big Data is undeniably driving a greater and greater share of the decisions that shape our lives, inside and outside the arts. At the same time, so much of this discipline remains walled off to wider publics whose command of data may not be keeping pace with the changes being made…

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This article was originally featured in STEP Journal Jersey Supplement 2022/23. Access here. Over the past few years, digital adoption has been the talk of the private client world. It is an oft-quoted figure that the pandemic accelerated digital adoption among businesses by around four years (McKinsey, 2020), but digital change has been a characteristic of the private client space for some time. Nevertheless, approaches to technology continue to differ.In some respects, technology is seen as a panacea – the route to a highly connected world and a platform for delivering solutions more efficiently. However, the pace of digital adoption…

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TaurosDAO is an exclusive community of artists and collectors founded in January 2022 by Labyrinthine Unreal. Value is everything to crypto and NFT holders and enthusiasts. Some derive it from beautiful aesthetics or rarity, others from exclusive access and utility. Tauros DAO consolidated all four of the most sought-after benefits of crypto under one umbrella.  Tauros DAO is an exclusive community where some of the most brilliant minds in crypto art meet. It was designed to provide its members with a unique gamified experience, a platform to enjoy gorgeous digital art, and a space to meet, interact, and enjoy this…

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Exclusively for Macy’s and Toys “R” Us Move takes Gary Vaynerchuk’s IP from digital and to physical collectibles The first-ever limited collection of plush and vinyl characters is available at all Macy’s nationwide, on Macys.com and internationally through shop.veefriends.com October 4, 2022, New York – VeeFriends, created by serial entrepreneur Gary Vaynerchuk, will launch its first-ever limited series of collectible characters exclusively at Macy’s and Toys“R”Us®. The collection will be available for pre-sale starting today,  launching on October 17. This is the first step in bringing the VeeFriends characters to life, from digital NFT collectibles to physical collectibles, giving access…

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The program will feature works in augmented reality, art galleries, immersive portals, geolocated NFTs in Buenos Aires. Works by Marta Minujin, Miguel ngel Vidal, Eduardo Mac Entire, Gyula Kosice, Alberto Bastón Diaz or Eduardo Rodriguez, among many other famous artists, A great event that is part of the crypto arts world will be the first geolocated NFT festival in the city of Buenos Aires and Metaverse, Promoted by innovative company UXArt, from October 7th to November 7th. Works in augmented reality, art galleries, immersive portals, geolocated NFTs in Buenos Aires and Metaverse will be part of this artistic eventwhich will…

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There are signs of life in the music NFT space again after a slow summer. Several Grammy Award-winning producers entered Web3 in September while the late David Bowie made his debut on the blockchain. Meanwhile, a number of new projects tested the waters with bigger collections (more than 2,000 NFTs) after a few months of caution following the crypto crash. And the leading NFT marketplace, OpenSea, leaned heavily into music, launching an exclusive drop experience for lo-fi generative music project OMGKirby. OpenSea also announced a partnership with Warner Music for an exclusive drop in early October. Total volume across the…

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