Reddit collectible avatars onboard nearly 10M into the crypto, NFT space

The popular social platform is about to hit a big milestone in terms of collectible avatar holders after launching "Reddit NFTs" in July 2022.

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What is a VTuber, and how do you become one?

A VTuber is a virtual content creator who uses an animated avatar. To become one, create an avatar, use motion capture technology, and produce content.

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Crypto firms alleged to have faked execs using AI and actors: Cali regulator

The regulator is cracking down on high-yield investment products saying the programs raise hype with the promise of high returns before going dark.

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Colombia Holds Landmark Virtual Court Trial in Metaverse

Colombia's Magdalena Administrative Court conducted a trial in the metaverse on February 15, with participants appearing as avatars in a virtual courtroom. The trial involved a traffic dispute brought by a regional transport union against the police and lasted two hours. The verdict could also be given in the metaverse. Colombia is one of the first countries to test legal proceedings in the metaverse. (Read More)

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Coins.ph Brings NFTs to Life with Launch of VR Avatar Studio

Coins.ph's VR avatar studio is not only for its own use, but is also open for brands, influencers, and creators to create content with.

The post Coins.ph Brings NFTs to Life with Launch of VR Avatar Studio appeared first on BitPinas.

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Nifty News: 'Degen' season returns with feet NFTs, disappointing Game of Thrones NFTs and more

Foot fetishists and crypto degens have taken interest in an NFT collection boasting 10,000 unique pixelated trotters with over $1 million in trading volume.

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Reddit Avatars Explained: Why Are These NFTs Soaring in Value?

While some Reddit Collectible Avatars were available for purchase when the NFTs launched in July, many have also been distributed for free to the social media sites most active users....

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NVIDIA Doubles Down Investing in Metaverse by Launching New Developer Tools

American technology giant NVIDIA is doubling down on its bet on the metaverse and is empowering creators with the launch of a new set of advanced tools. (Read More)

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Discord Planned To Integrate Ethereum. Huge Backlash Made Them Cancel Everything

At least Discord knows where it’s standing now. And, with this story, we know how early into the cryptocurrency game we all are. And how misunderstood all of this is by the general public. Discord’s founder and CEO Jason Citron hinted at possible integration with the Ethereum ecosystem, with NFTs, and with the incoming Web3. And all hell broke loose.  Related Reading | Top Stars Line Up To Support Environmentally Friendly NFT Platform OneOf Discord fanatics spammed Citron’s replies and canceled their subscriptions to their Nitro premium service. Discord’s own employees took to social media to express their discomfort. Video game culture influencers rallied the masses and gathered hundreds of Likes and Retweets. What were their reasons? Environmental concerns. And that they consider NFTs a scam, that’s also ruining video games somehow. Sight… Let’s unpack all of this. How Did Discord Unveil Their Web3 Plans? Content creator Packy McCormick wrote an incredibly long article about Discord’s history and how it could evolve. Of course, the plan ended with cryptocurrencies, NFTs, their own multichain wallet, and an ill-advised new token. How could it not? It’s obvious that should be the direction that a successful but not entirely profitable company like Discord should go, right? The article concluded: “We strongly believe that the company should follow its users’ pull into web3. The company’s biggest successes to date came when it decided to build the communications infrastructure for gamers; now, it has the opportunity to build a more complete set of tools for this game that we’re all playing all across the internet.” Apparently, McCormick overestimated the crypto movement. Not everybody is playing the game. In fact, some people hate it with a passion. Discord’s Jason Citron replied with an image that showed some kind of integration between the service, Metamask, and WalletConnect. It also featured the Ethereum logo. The popular meme phrase “probably nothing” completed the tweet.  probably nothing pic.twitter.com/p4P6MoNGgd — Jason Citron (@jasoncitron) November 8, 2021 The tweet received hundreds of replies. Most of them bashing their plans, denouncing NFTs, and citing environmental concerns. Which is really funny, if you think about it. Discord’s logo is a videogame controller, and that community was their original audience. And playing video games uses orders of magnitude more electricity than all of the blockchains combined. BTC price chart on Bitbay | Source: BTC/USD on TradingView.com Are Discord And Web3 A Match Or Not? They seem to be. If you read the article that started it all, it’s hard to argue with its logic. McCormick said: “The last of these gestures at Discord’s grip on web3. It has undoubtedly become the coordination platform of choice for all manner of projects including NFTs, DAOs, crypto investing groups, and crypto startups. It’s genuinely startling how quickly this has become a norm in the sector.” A huge number of DAOs and NFT projects run their communities on Discord. This seemed like a foolproof bet. Techcrunch even took it a step further:  “With MetaMask support, Discord could become a place where people display their NFTs in galleries linked to user profiles or choose “verified” avatar images, with ownership backed up through the blockchain.” So probably nothing = actually nothing pic.twitter.com/IlzIFSWnnL — cobie (@CryptoCobain) November 11, 2021 This is something Twitter Crypto seems to be working on without complaints. How could this have gone so wrong? What makes the Discord community different? McCormick asked: “What would it look like if Bored Ape holders could buy and sell within the same channels they host conversations? What if members of the Bankless DAO could buy new tokens in-line with a discussion about them?” We’ll probably never know. Related Reading | Christie’s Will Auction Original Art From Gary Vee‘s Veefriends NFT Collection The Aftermath People are severely uninformed about cryptocurrencies. Those articles about the environmental risks that blockchains supposedly pose really did a number on them. However, there’s something else going on here. Casting a wide net, the Discord community seems to be technologically driven and one that appreciates art. They should be on the side of NFTs, but they are wildly against the movement. Almost manically. This is the reaction of a 3D artist that works for Discord: I hope leaders can humbly listen the chorus of vehement moral disgust this teaser has already invited. this sincerely does not have to happen. https://t.co/JZZBI2npVs — Kevin Tang (@Yolo_Tengo) November 9, 2021 And this is another Discord employee, who also retweeted these two terrible-terrible takes on the event: kinda cringe ngl https://t.co/hceLj105UN — Kaara ?? Forge Ahead (@kaara_raven) November 8, 2021 Where is that rage coming from? Is this just about the environment? Because they work in a tech company, and technology uses dirty electricity. Is this just about scams and money laundering? Because the art world, in general, is built upon scams and money laundering. No, there’s something else here. The crypto world arises a rage in them that shouldn’t be ignored. Check the replies under Citron’s tweets and you’ll see. Just remember how many furries use your platform, and how much money furries have,and how they almost universally hate NFTs and crypto. I would genuinely be surprised if you could show me 5 furries without discord accounts. You do have competition in the market. — Logan Mish ??? (@Mishaniz) November 11, 2021 Speaking about Discord’s CEO, he backpedaled his company’s whole Web3 plan with a PR friendly: “Thanks for all the perspectives everyone. We have no current plans to ship this internal concept. For now we’re focused on protecting users from spam, scams and fraud. Web3 has lots of good but also lots of problems we need to work through at our scale.” And to drive the point home, they told Techcrunch that the screenshot came from a hackathon: “We’re always exploring and hacking away at things we think will improve Discord for all the communities we serve.” Yeah, sure Discord. We believe you. Featured Image: Discord's Ethereum plans from this tweet | Charts by TradingView

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You Might Soon Be Able to Show Your NFTs As Twitter Avatars!

The post You Might Soon Be Able to Show Your NFTs As Twitter Avatars! appeared first on CryptoTicker.

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Reddit Releases 10 Million Gen 3 NFT Avatars

The collection was made by over 100 NFT artists with various themes and styles to encourage and attract a larger base of collectors.

The post Reddit Releases 10 Million Gen 3 NFT Avatars appeared first on BitPinas.

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Digital Avatars Revolutionize Customer Service with AI-Driven Interactivity

AI-powered digital avatars are enhancing customer service by providing multilingual, personalized support across industries, according to NVIDIA. Discover how these technologies are transforming operations and improving user experiences. (Read More)

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NVIDIA Advances AI Interfaces with 2D and 3D Digital Avatars

NVIDIA is enhancing AI communication with digital avatars, offering both 2D and 3D options. These avatars, powered by NVIDIA's AI technologies, enable more immersive and multilingual interactions. (Read More)

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Reddit avatar NFT holders concerned for project as lead exits

The lead of Reddits avatar NFT offering has left, sparking concerns from the platforms users over whether the social giant will retain the program.

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Reddit Avatars on Polygon Blockchain

Reddit has launched the third generation of its blockchain-based digital collectibles, Reddit Avatars, on the Polygon blockchain. The release has generated excitement and predictions of quick sellouts, but some users have criticized the payment process. (Read More)

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Reddit deploys Gen 3 NFT avatar contracts on Polygon

The nonfungible token (NFT) avatars were first introduced in July 2022 to empower artists to create and sell their work. In addition, whenever users purchase a collectible, it can also be set as an avatar on Reddit’s website. The avatars were made available in August 2022, generating thousands of dollars in sales for the artists. On [...]

The post Reddit deploys Gen 3 NFT avatar contracts on Polygon appeared first on Crypto Breaking News.

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