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Can Metaverse technology enhance human-AI efficiency?

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Can Metaverse technology enhance human-AI efficiency?
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rn”,”seo_description”:”What is Bitcoin? How does blockchain work? How to mine cryptocurrency? We are glad to help you answer these questions with our quick guides in Explained section.”},”words_count”:732,”description”:”How will AI be used in the metaverse? Can AI and blockchain work together? A dive into the future of AI aligned with blockchain”,”author”:{“id”:1508,”title”:”Dilip Kumar Patairya”,”url”:”dilip-kumar-patairya”,”twitter”:””,”google_plus”:””,”photo”:”https://s3.cointelegraph.com/storage/uploads/view/1cfc5d74c7b02ce3bfa5923936e90adb.jpg”,”gender”:”male”,”description”:”Dilip Kumar Patairya is a seasoned B2B tech writer with 15+ years of experience. He specializes in blockchain and fintech. Working since 2003, he has been associated with several corporate groups and publications. When he’s not writing, Dilip loves studying astrology, playing chess, watching movies and traveling.”,”facebook”:””,”email”:”[email protected]”,”linkedin”:””,”created_at”:”2022-03-11 12:01:07″,”updated_at”:”2022-05-04 15:59:11″,”deleted_at”:null,”avatar”:”https://images.cointelegraph.com/images/150_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xY2ZjNWQ3NGM3YjAyY2UzYmZhNTkyMzkzNmU5MGFkYi5qcGc=.jpg”,”hash”:”aHR0cHM6Ly9jb2ludGVsZWdyYXBoLmNvbS9hdXRob3JzL2RpbGlwLWt1bWFyLXBhdGFpcnlh”,”relativeUrl”:”https://cointelegraph.com/authors/dilip-kumar-patairya”,”user_id”:1508,”language_id”:1,”name”:”Dilip Kumar Patairya”,”desc”:”Dilip Kumar Patairya is a seasoned B2B tech writer with 15+ years of experience. He specializes in blockchain and fintech. Working since 2003, he has been associated with several corporate groups and publications. When he’s not writing, Dilip loves studying astrology, playing chess, watching movies and traveling.”,”seo_title”:””,”seo_description”:””,”enabled”:1,”show_in_authors”:0,”show_in_experts”:0},”category_id”:65,”audio”:”https://s3.cointelegraph.com/audio/88742.b800fa79-88f6-4713-8d1d-1c6200006875.mp3″,”tags”:[{“name”:”Blockchain”,”uri”:”/tags/blockchain”,”super”:1,”page_title”:”Blockchain News”},{“name”:”Technology”,”uri”:”/tags/technology”,”super”:0,”page_title”:”Technology News”},{“name”:”Virtual Reality”,”uri”:”/tags/virtual-reality”,”super”:0,”page_title”:”Virtual Reality News”},{“name”:”AI”,”uri”:”/tags/ai”,”super”:0,”page_title”:”AI News”},{“name”:”Metaverse”,”uri”:”/tags/metaverse”,”super”:0,”page_title”:”Metaverse News”},{“name”:”NFT”,”uri”:”/tags/nft”,”super”:1,”page_title”:”NFT News”}],”tag_title”:”Blockchain”,”date”:”12 HOURS AGO”,”badge”:{“title”:”Explained”,”label”:”default”},”qty”:136,”stats_pixel”:”“,”stats_pixel_url”:”https://zoa.cointelegraph.com/pixel?postId=88742&regionId=1″,”shares”:27,”infographic”:false,”sponsored”:false,”explained”:true,”press_release”:false,”show_referral”:false,”social_description”:””,”social_translators”:{“clipboard_popup_label”:”Link copied”,”socialWechatFooterError”:”WeChat error”,”socialWechatFooterText”:”WeChat share”,”socialWechatHeaderText”:”WeChat share”},”social_shares”:{“post_id”:88742,”post_url”:”https://cointelegraph.com/explained/can-metaverse-technology-enhance-human-ai-efficiency”,”post_titles”:{“normal”:”Can Metaverse technology enhance human-AI efficiency?”,”twitter”:”Can Metaverse technology enhance human-AI efficiency?”},”post_text”:{“normal”:”Can Metaverse technology enhance human-AI efficiency?”,”twitter”:”Can Metaverse technology enhance human-AI efficiency? https://cointelegraph.com/explained/can-metaverse-technology-enhance-human-ai-efficiency via @cointelegraph”},”accounts”:{“twitter”:”@cointelegraph”}},”socials”:{“facebook”:{“url”:”https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fcointelegraph.com%2Fexplained%2Fcan-metaverse-technology-enhance-human-ai-efficiency”,”count”:null,”short”:”fb”,”fa”:”facebook”},”twitter”:{“url”:”https://twitter.com/intent/tweet?text=Can+Metaverse+technology+enhance+human-AI+efficiency%3F https%3A%2F%2Fcointelegraph.com%2Fexplained%2Fcan-metaverse-technology-enhance-human-ai-efficiency via @cointelegraph”,”count”:null,”short”:”tw”,”fa”:”twitter”},”telegram”:{“url”:”https://telegram.me/share/url?url=https%3A%2F%2Fcointelegraph.com%2Fexplained%2Fcan-metaverse-technology-enhance-human-ai-efficiency &text=Can+Metaverse+technology+enhance+human-AI+efficiency%3F”,”count”:null,”short”:”tg”,”fa”:”paper-plane”},”whatsapp”:{“url”:”https://api.whatsapp.com/send?text=Can+Metaverse+technology+enhance+human-AI+efficiency%3F&href=https%3A%2F%2Fcointelegraph.com%2Fexplained%2Fcan-metaverse-technology-enhance-human-ai-efficiency”,”count”:null,”short”:”wu”,”fa”:”whatsapp”},”gplus”:{“url”:”https://plus.google.com/share?url=https%3A%2F%2Fcointelegraph.com%2Fexplained%2Fcan-metaverse-technology-enhance-human-ai-efficiency”,”count”:null,”short”:”gplus”,”fa”:”google-plus”},”reddit”:{“url”:”https://www.reddit.com/submit?url=https%3A%2F%2Fcointelegraph.com%2Fexplained%2Fcan-metaverse-technology-enhance-human-ai-efficiency&title=Can+Metaverse+technology+enhance+human-AI+efficiency%3F”,”count”:null,”short”:”reddit”,”fa”:”reddit-alien”},”linkedin”:{“url”:”https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fcointelegraph.com%2Fexplained%2Fcan-metaverse-technology-enhance-human-ai-efficiency&title=Can+Metaverse+technology+enhance+human-AI+efficiency%3F”,”count”:null,”short”:”li”,”fa”:”linkedin”}},”hide_disclaimer”:false,”elink”:”https://cointelegraph.com”,”etitle”:”Cointelegraph”,”elogo_x2″:”https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9hYjAzYTJhMmNlOWEyMWRjMWYwOTYxZDkxNzMxYzhiYS5wbmc=.png”,”elogo_x1″:”https://images.cointelegraph.com/images/260_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9hYjAzYTJhMmNlOWEyMWRjMWYwOTYxZDkxNzMxYzhiYS5wbmc=.png”,”elogo_svg”:false,”content”:[{“id”:3534,”post_id”:88742,”title”:”What is a metaverse?”,”content”:”

A harbinger of the new era of digital connectivity, the metaverse combines blockchain with AI (artificial intelligence), VR (virtual reality) and AR (augmented reality), collectively known as XR (extended reality) experiences.

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A metaverse is a 3D virtual world accessed through a VR headset. Users can navigate this world through their eye movements, voice commands and feedback controllers. With the headset, the user can feel the immersive world and see the metaverse in action. People interact with each other via avatars and participate in activities like gaming, shopping and more.

nn

According to a report by Emergen Research, the metaverse market will reach across $800 billion by 2028. Applications of metaverse technology include gaming, education, commerce, government services, socializing and many more.

nnnn”,”created_at”:”2022-06-25 14:21:29″,”updated_at”:”2022-06-25 19:11:56″,”sort”:1,”translations”:{“id”:3527,”explained_post_id”:3534,”title_en”:”What is a metaverse?”,”content_en”:”

A harbinger of the new era of digital connectivity, the metaverse combines blockchain with AI (artificial intelligence), VR (virtual reality) and AR (augmented reality), collectively known as XR (extended reality) experiences.

nn

A metaverse is a 3D virtual world accessed through a VR headset. Users can navigate this world through their eye movements, voice commands and feedback controllers. With the headset, the user can feel the immersive world and see the metaverse in action. People interact with each other via avatars and participate in activities like gaming, shopping and more.

nn

According to a report by Emergen Research, the metaverse market will reach across $800 billion by 2028. Applications of metaverse technology include gaming, education, commerce, government services, socializing and many more.

nnnn”,”title_es”:”¿Qué es un metaverso?”,”content_es”:”

El metaverso, precursor de la nueva era de la conectividad digital, combina la blockchain con la IA (inteligencia artificial), la RV (realidad virtual) y la RA (realidad aumentada), conocidas colectivamente como experiencias de RX (realidad extendida).

nn

Un metaverso es un mundo virtual en 3D al que se accede a través de unos auriculares de RV. Los usuarios pueden navegar por este mundo a través de sus movimientos oculares, comandos de voz y controladores de retroalimentación. Con los auriculares, el usuario puede sentir el mundo inmersivo y ver el metaverso en acción. Las personas interactúan entre sí a través de avatares y participan en actividades como juegos, compras y otras.

nn

Según un informe de Emergen Research, el mercado metaverso alcanzará los USD 800,000 millones en 2028. Las aplicaciones de la tecnología de metaverso incluyen los juegos, la educación, el comercio, los servicios gubernamentales, la socialización y muchas más.

nnn”,”title_cn”:””,”content_cn”:”nn”,”title_de”:””,”content_de”:”nn”,”title_fr”:””,”content_fr”:”nn”,”title_it”:””,”content_it”:”nn”,”title_ar”:””,”content_ar”:”nn”,”title_br”:””,”content_br”:”nn”,”title_jp”:””,”content_jp”:”nn”,”created_at”:”2022-06-25 14:21:29″,”updated_at”:”2022-06-25 19:11:56″,”title_kr”:””,”content_kr”:”nn”,”title_tr”:””,”content_tr”:”nn”}},{“id”:3535,”post_id”:88742,”title”:”What is AI?”,”content”:”

AI refers to machines simulating human intelligence processes.

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AI is a branch of computer science focused on building smart machines capable of mimicking human intelligence. Algorithms powering AI systems analyze colossal amounts of labeled training data for correlations and patterns, and use these patterns to come up with predictions. AI systems can process data much faster and more accurately than humans.

nn

Applications of AI include smart assistants like Alexa, self-driving cars, conversational bots, Robo advisors, email spam filters, etc. and now, metaverses. As a result, how AI will shape the metaverse has become a regular topic of discussion in tech circles.

nnnn”,”created_at”:”2022-06-25 14:21:55″,”updated_at”:”2022-06-25 19:11:55″,”sort”:2,”translations”:{“id”:3528,”explained_post_id”:3535,”title_en”:”What is AI?”,”content_en”:”

AI refers to machines simulating human intelligence processes.

nn

AI is a branch of computer science focused on building smart machines capable of mimicking human intelligence. Algorithms powering AI systems analyze colossal amounts of labeled training data for correlations and patterns, and use these patterns to come up with predictions. AI systems can process data much faster and more accurately than humans.

nn

Applications of AI include smart assistants like Alexa, self-driving cars, conversational bots, Robo advisors, email spam filters, etc. and now, metaverses. As a result, how AI will shape the metaverse has become a regular topic of discussion in tech circles.

nnnn”,”title_es”:”¿Qué es la Inteligencia Artificial (IA)?”,”content_es”:”

La IA se refiere a las máquinas que simulan los procesos de la inteligencia humana.

nn

La IA es una rama de la informática centrada en la construcción de máquinas inteligentes capaces de imitar la inteligencia humana. Los algoritmos de los sistemas de IA analizan cantidades colosales de datos de entrenamiento etiquetados en busca de correlaciones y patrones, y utilizan estos patrones para hacer predicciones. Los sistemas de IA pueden procesar los datos mucho más rápido y con mayor precisión que los humanos.

nn

Las aplicaciones de la IA incluyen asistentes inteligentes como Alexa, coches que se conducen solos, bots conversacionales, asesores robóticos, filtros de correo electrónico, etc. y ahora, metaversos. En consecuencia, la forma en que la IA dará forma al metaverso se ha convertido en un tema de debate habitual en los círculos tecnológicos.

nnn”,”title_cn”:””,”content_cn”:”nn”,”title_de”:””,”content_de”:”nn”,”title_fr”:””,”content_fr”:”nn”,”title_it”:””,”content_it”:”nn”,”title_ar”:””,”content_ar”:”nn”,”title_br”:””,”content_br”:”nn”,”title_jp”:””,”content_jp”:”nn”,”created_at”:”2022-06-25 14:21:55″,”updated_at”:”2022-06-25 19:11:55″,”title_kr”:””,”content_kr”:”nn”,”title_tr”:””,”content_tr”:”nn”}},{“id”:3536,”post_id”:88742,”title”:”How do AI, blockchain and XR work together?”,”content”:”

The technologies involved infuse tons of potential use cases in the metaverse, leaving imagination as the only restriction.

nn

XR has created a virtual world that never existed before. Blockchain brings decentralization, resulting in the elimination of the centralized governing authority, transparency and irreversible transactions.

nn

Nonfungible tokens (NFTs), a core component of the metaverse, are a product of the blockchain. All objects in the metaverse — land, vehicles, ships, gift items — are also basically NFTs. Take out NFTs and the metaverse falls crashing.

nn

Artificial intelligence in the metaverse enables you to overcome obstacles like poor interactive quality and create new products such as live virtual conferences. It adds to the intuitive interfaces and predictive capabilities of the metaverse. This not only makes life easier for the avatars but games more dynamic, interactions more engaging and businesses more successful.

nnnn”,”created_at”:”2022-06-25 14:22:28″,”updated_at”:”2022-06-25 19:11:55″,”sort”:3,”translations”:{“id”:3529,”explained_post_id”:3536,”title_en”:”How do AI, blockchain and XR work together?”,”content_en”:”

The technologies involved infuse tons of potential use cases in the metaverse, leaving imagination as the only restriction.

nn

XR has created a virtual world that never existed before. Blockchain brings decentralization, resulting in the elimination of the centralized governing authority, transparency and irreversible transactions.

nn

Nonfungible tokens (NFTs), a core component of the metaverse, are a product of the blockchain. All objects in the metaverse — land, vehicles, ships, gift items — are also basically NFTs. Take out NFTs and the metaverse falls crashing.

nn

Artificial intelligence in the metaverse enables you to overcome obstacles like poor interactive quality and create new products such as live virtual conferences. It adds to the intuitive interfaces and predictive capabilities of the metaverse. This not only makes life easier for the avatars but games more dynamic, interactions more engaging and businesses more successful.

nnnn”,”title_es”:”¿Cómo funcionan juntos AI, blockchain y XR?”,”content_es”:”

Las tecnologías involucradas infunden una multitud de casos de potencial uso en el metaverso, dejando la imaginación como única restricción.

nn

XR ha creado un mundo virtual que nunca antes había existido. Blockchain aporta descentralización, lo que se traduce en la eliminación de la autoridad de gobierno centralizada, transparencia y transacciones irreversibles.

nn

Los tokens no fungibles (NFT), un componente central del metaverso, son un producto de la blockchain. Todos los objetos del metaverso —tierra, vehículos, barcos, artículos de regalo— son también básicamente NFT. Si se eliminan los NFT, el metaverso se desmorona.

nn

La inteligencia artificial en el metaverso permite superar obstáculos como la mala calidad interactiva y crear nuevos productos, como conferencias virtuales en directo. Se suma a las interfaces intuitivas y a la capacidad de predicción del metaverso. Esto no solo facilita la vida de los avatares, sino que hace que los juegos sean más dinámicos, las interacciones más atractivas y los negocios más exitosos.

nnn”,”title_cn”:””,”content_cn”:”nn”,”title_de”:””,”content_de”:”nn”,”title_fr”:””,”content_fr”:”nn”,”title_it”:””,”content_it”:”nn”,”title_ar”:””,”content_ar”:”nn”,”title_br”:””,”content_br”:”nn”,”title_jp”:””,”content_jp”:”nn”,”created_at”:”2022-06-25 14:22:28″,”updated_at”:”2022-06-25 19:11:55″,”title_kr”:””,”content_kr”:”nn”,”title_tr”:””,”content_tr”:”nn”}},{“id”:3537,”post_id”:88742,”title”:”What were the challenges hindering the metaverses?”,”content”:”

Metaverse technology has been confronting challenges that stemmed from its immense growth potential.

nn

As technologies, the VR and AR of the previous era had their limitations such as a lack of vision of the surroundings and graphical restrictions. Activities on the metaverse are simply not as engaging as those in the real world or even regular online games.

nn

Self-reliance is another aspect where many metaverses were struggling. In the initial phase of the metaverses, there was simply not enough technical sophistication and footfalls to create adequate use cases to keep the economy rolling. Thanks to advancements in VR and AR, and the integration of metaverses with AI, use cases are increasing and subsequently, options for monetization.

nn

Like any new technology, metaverses were also facing adoption issues, though this is gradually changing with projects like Decentraland (MANA), The Sandbox (SAND) and now MeetKai metaverse. On Decentraland, participants can buy and sell virtual real estate while exploring exhilarating games. Sandbox offers a gaming ecosystem that enables users to create, share and monetize gaming assets whereas Meetkai has created a realistic metaverse that is qualitatively better than the real world, thanks to its integration with AI.

nn

The sophisticated integration of XR and AI technologies has resulted in more engaging virtual worlds, resulting in better adoption and subsequently, more revenues for all stakeholders in the ecosystem.

nnnn”,”created_at”:”2022-06-25 14:23:31″,”updated_at”:”2022-06-25 19:11:55″,”sort”:4,”translations”:{“id”:3530,”explained_post_id”:3537,”title_en”:”What were the challenges hindering the metaverses?”,”content_en”:”

Metaverse technology has been confronting challenges that stemmed from its immense growth potential.

nn

As technologies, the VR and AR of the previous era had their limitations such as a lack of vision of the surroundings and graphical restrictions. Activities on the metaverse are simply not as engaging as those in the real world or even regular online games.

nn

Self-reliance is another aspect where many metaverses were struggling. In the initial phase of the metaverses, there was simply not enough technical sophistication and footfalls to create adequate use cases to keep the economy rolling. Thanks to advancements in VR and AR, and the integration of metaverses with AI, use cases are increasing and subsequently, options for monetization.

nn

Like any new technology, metaverses were also facing adoption issues, though this is gradually changing with projects like Decentraland (MANA), The Sandbox (SAND) and now MeetKai metaverse. On Decentraland, participants can buy and sell virtual real estate while exploring exhilarating games. Sandbox offers a gaming ecosystem that enables users to create, share and monetize gaming assets whereas Meetkai has created a realistic metaverse that is qualitatively better than the real world, thanks to its integration with AI.

nn

The sophisticated integration of XR and AI technologies has resulted in more engaging virtual worlds, resulting in better adoption and subsequently, more revenues for all stakeholders in the ecosystem.

nnnn”,”title_es”:”¿Cuáles fueron los desafíos que obstaculizaron los metaversos?”,”content_es”:”

La tecnología del metaverso se ha enfrentado a retos derivados de su inmenso potencial de crecimiento.

nn

Como tecnologías, la VR y la AR de la era anterior tenían sus limitaciones, como la falta de visión del entorno y las restricciones gráficas. Las actividades en el metaverso simplemente no son tan atractivas como las del mundo real o incluso los juegos online normales.

nn

La autosuficiencia es otro aspecto en el que muchos metaversos tenían dificultades. En la fase inicial de los metaversos, simplemente no había suficiente sofisticación técnica ni pisadas para crear casos de uso adecuados para mantener la economía en marcha. Gracias a los avances en VR y AR, y a la integración de los metaversos con la IA, los casos de uso están aumentando y, en consecuencia, las opciones de monetización.

nn

Como cualquier tecnología nueva, los metaversos también se enfrentan a problemas de adopción, aunque esto está cambiando gradualmente con proyectos como Decentraland (MANA), The Sandbox (SAND) y ahora el metaverso MeetKai. En Decentraland, los participantes pueden comprar y vender bienes inmuebles virtuales mientras exploran emocionantes juegos. Sandbox ofrece un ecosistema de juegos que permite a los usuarios crear, compartir y monetizar activos de juego, mientras que Meetkai ha creado un metaverso realista que es cualitativamente mejor que el mundo real, gracias a su integración con la IA.

nn

La sofisticada integración de las tecnologías XR e IA ha dado lugar a mundos virtuales más atractivos, lo que se traduce en una mejor adopción y, posteriormente, en más ingresos para todas las partes interesadas en el ecosistema.

nnn”,”title_cn”:””,”content_cn”:”nn”,”title_de”:””,”content_de”:”nn”,”title_fr”:””,”content_fr”:”nn”,”title_it”:””,”content_it”:”nn”,”title_ar”:””,”content_ar”:”nn”,”title_br”:””,”content_br”:”nn”,”title_jp”:””,”content_jp”:”nn”,”created_at”:”2022-06-25 14:23:31″,”updated_at”:”2022-06-25 19:11:55″,”title_kr”:””,”content_kr”:”nn”,”title_tr”:””,”content_tr”:”nn”}},{“id”:3538,”post_id”:88742,”title”:”What is the mixed reality metaverse?”,”content”:”

The amalgamation of AI with XR has led to the phenomenon of mixed reality (MR) metaverse.

nn

To date, human-AI interaction has been usually limited to the B2B world. However, projects are emerging now that showcase AI integration into B2C. Meetkai, for instance, demonstrates how efficient life could be with human-AI integration. Leveraging AI-enabled tech, Meetkai enhances regular real-life experiences like shopping, working in an office and engaging in outdoor activities like hiking, trekking, etc.

nn

While lying in their beds, users can not only try apparel in the metaverse store of their favorite brand and bargain with the sellers live but also have their purchases delivered to their doorsteps. They can also work in their virtual office with a complete set of productivity tools.

nn

Look around and you will find a staggering number of metaverse projects on games, say Roblox, Blocktopia, Nakamoto and so on. This suggests that the arrival of the mixed reality metaverse is an epoch-changing event in the domain of metaverses.

nnnn”,”created_at”:”2022-06-25 14:24:01″,”updated_at”:”2022-06-25 19:11:50″,”sort”:5,”translations”:{“id”:3531,”explained_post_id”:3538,”title_en”:”What is the mixed reality metaverse?”,”content_en”:”

The amalgamation of AI with XR has led to the phenomenon of mixed reality (MR) metaverse.

nn

To date, human-AI interaction has been usually limited to the B2B world. However, projects are emerging now that showcase AI integration into B2C. Meetkai, for instance, demonstrates how efficient life could be with human-AI integration. Leveraging AI-enabled tech, Meetkai enhances regular real-life experiences like shopping, working in an office and engaging in outdoor activities like hiking, trekking, etc.

nn

While lying in their beds, users can not only try apparel in the metaverse store of their favorite brand and bargain with the sellers live but also have their purchases delivered to their doorsteps. They can also work in their virtual office with a complete set of productivity tools.

nn

Look around and you will find a staggering number of metaverse projects on games, say Roblox, Blocktopia, Nakamoto and so on. This suggests that the arrival of the mixed reality metaverse is an epoch-changing event in the domain of metaverses.

nnnn”,”title_es”:”¿Qué es el metaverso de realidad mixta?”,”content_es”:”

La fusión de la IA con la RX ha dado lugar al fenómeno del metaverso de la realidad mixta (RM).

nn

Hasta la fecha, la interacción entre el ser humano y la IA se ha limitado normalmente al mundo B2B. Sin embargo, ahora están surgiendo proyectos que muestran la integración de la IA en el B2C. Meetkai, por ejemplo, demuestra lo eficiente que podría ser la vida con la integración de la IA con el ser humano. Aprovechando la tecnología basada en la IA, Meetkai mejora las experiencias habituales de la vida real, como ir de compras, trabajar en una oficina o realizar actividades al aire libre como el senderismo, el trekking, etc.

nn

Mientras están tumbados en sus camas, los usuarios no solo pueden probarse ropa en la tienda del metaverso de su marca favorita y regatear con los vendedores en directo, sino que también pueden recibir sus compras en la puerta de su casa. También pueden trabajar en su oficina virtual con un completo conjunto de herramientas de productividad.

nn

Si miramos a nuestro alrededor, encontraremos un número asombroso de proyectos de metaversos en juegos como Roblox, Blocktopia, Nakamoto, etc. Esto sugiere que la llegada del metaverso de realidad mixta es un acontecimiento que cambia la época en el ámbito de los metaversos.

nnn”,”title_cn”:””,”content_cn”:”nn”,”title_de”:””,”content_de”:”nn”,”title_fr”:””,”content_fr”:”nn”,”title_it”:””,”content_it”:”nn”,”title_ar”:””,”content_ar”:”nn”,”title_br”:””,”content_br”:”nn”,”title_jp”:””,”content_jp”:”nn”,”created_at”:”2022-06-25 14:24:01″,”updated_at”:”2022-06-25 19:11:50″,”title_kr”:””,”content_kr”:”nn”,”title_tr”:””,”content_tr”:”nn”}},{“id”:3539,”post_id”:88742,”title”:”How will conversational AI shape the metaverse?”,”content”:”

Conversational AI systems in the metaverse resemble human-to-human communication.

nn

Voice assistant AI has found its way to the metaverses of the new era, powering use cases like lifestyle assistance and personalized recommendations. For instance, rather than driving to a travel agency’s office or talking to their overburdened customer service, users can hop on the metaverse and take a tour of multiple awe-inspiring locations with the assistance of an AI-powered bot.

nn

An AI concierge in a metaverse is a personified machine that delivers unique recommendations based on the avatar’s preferences. Take into account the amount of data available on every person and you know the potential of this use case.

nn

Natural language processing in the metaverse makes it more personal than the real world. Voice AI can interpret avatar requests in a language that is more human and natural while factoring in individual tastes and preferences. 

nn

Speech technology has become more contextual and personalized, making the metaverse interface smarter in the process. For instance, Kai, the first AI concierge on Meetkai, has made voice assistance as easy as talking with a friend. Request a recipe for “steak” by saying, “Hey Kai, can you find me a nice recipe?” And you’ll receive the most delectable beef steak recipe in the world in seconds.

nn

Image_0

nnnn”,”created_at”:”2022-06-25 14:25:10″,”updated_at”:”2022-06-25 19:11:50″,”sort”:6,”translations”:{“id”:3532,”explained_post_id”:3539,”title_en”:”How will conversational AI shape the metaverse?”,”content_en”:”

Conversational AI systems in the metaverse resemble human-to-human communication.

nn

Voice assistant AI has found its way to the metaverses of the new era, powering use cases like lifestyle assistance and personalized recommendations. For instance, rather than driving to a travel agency’s office or talking to their overburdened customer service, users can hop on the metaverse and take a tour of multiple awe-inspiring locations with the assistance of an AI-powered bot.

nn

An AI concierge in a metaverse is a personified machine that delivers unique recommendations based on the avatar’s preferences. Take into account the amount of data available on every person and you know the potential of this use case.

nn

Natural language processing in the metaverse makes it more personal than the real world. Voice AI can interpret avatar requests in a language that is more human and natural while factoring in individual tastes and preferences. 

nn

Speech technology has become more contextual and personalized, making the metaverse interface smarter in the process. For instance, Kai, the first AI concierge on Meetkai, has made voice assistance as easy as talking with a friend. Request a recipe for “steak” by saying, “Hey Kai, can you find me a nice recipe?” And you’ll receive the most delectable beef steak recipe in the world in seconds.

nn

Image_0

nnnn”,”title_es”:”¿Cómo dará forma la IA conversacional al metaverso?”,”content_es”:”

Los sistemas de IA conversacional en el metaverso se asemejan a la comunicación entre humanos.

nn

La IA de los asistentes de voz ha llegado a los metaversos de la nueva era, impulsando casos de uso como la asistencia en el estilo de vida y las recomendaciones personalizadas. Por ejemplo, en lugar de ir a la oficina de una agencia de viajes o hablar con su sobrecargado servicio de atención al cliente, los usuarios pueden entrar en el metaverso y hacer un recorrido por varios lugares impresionantes con la ayuda de un bot impulsado por la IA.

nn

Un conserje de IA en un metaverso es una máquina personificada que ofrece recomendaciones únicas basadas en las preferencias del avatar. Ten en cuenta la cantidad de datos disponibles sobre cada persona y sabrá el potencial de este caso de uso.

nn

El procesamiento del lenguaje natural en el metaverso lo hace más personal que el mundo real. La IA de voz puede interpretar las peticiones de los avatares en un lenguaje más humano y natural, teniendo en cuenta los gustos y preferencias individuales. 

nn

La tecnología del habla se ha vuelto más contextual y personalizada, haciendo que la interfaz del metaverso sea más inteligente en el proceso. Por ejemplo, Kai, el primer conserje de IA en Meetkai, ha hecho que la asistencia por voz sea tan fácil como hablar con un amigo. Pide una receta de “filete” diciendo: “Oye Kai, ¿puedes encontrarme una buena receta?”. Y recibirás la receta de bistec más deliciosa del mundo en cuestión de segundos.

nn

Image_0

nnn”,”title_cn”:””,”content_cn”:”nn”,”title_de”:””,”content_de”:”nn”,”title_fr”:””,”content_fr”:”nn”,”title_it”:””,”content_it”:”nn”,”title_ar”:””,”content_ar”:”nn”,”title_br”:””,”content_br”:”nn”,”title_jp”:””,”content_jp”:”nn”,”created_at”:”2022-06-25 14:25:10″,”updated_at”:”2022-06-25 19:11:50″,”title_kr”:””,”content_kr”:”nn”,”title_tr”:””,”content_tr”:”nn”}},{“id”:3540,”post_id”:88742,”title”:”How does XR create deep collaboration in the metaverse?”,”content”:”

XR felicitates dynamic collaboration in the metaverse, enabling white-collar work in an intimate office environment.

nn

A metaverse driven by AI enables users to take up tasks that are much more fun, engaging and impactful. For instance, in a natural conversation about different topics in various realities, MeetKai’s conversational AI can comprehend more sophisticated speech, provide personalized outcomes and quickly respond by remembering user preferences and context.

nn

Furthermore, an XR device provides for data overlay, opening up a string of applications. In a metaverse, this is immensely useful for building or manufacturing use cases. An XR-backed environment creates a feeling of togetherness, a critical component of a closely-knit office atmosphere.

nn

XR is especially efficient when there is a small set of criteria to be met. For instance, when doing something as simple as playing a board game, you may want dim light and particular music. An interactive XR atmosphere can determine what you want and arrange for it. A virtual conference room can be decisively better than the one in real life.

nnnn”,”created_at”:”2022-06-25 14:25:46″,”updated_at”:”2022-06-25 19:11:49″,”sort”:7,”translations”:{“id”:3533,”explained_post_id”:3540,”title_en”:”How does XR create deep collaboration in the metaverse?”,”content_en”:”

XR felicitates dynamic collaboration in the metaverse, enabling white-collar work in an intimate office environment.

nn

A metaverse driven by AI enables users to take up tasks that are much more fun, engaging and impactful. For instance, in a natural conversation about different topics in various realities, MeetKai’s conversational AI can comprehend more sophisticated speech, provide personalized outcomes and quickly respond by remembering user preferences and context.

nn

Furthermore, an XR device provides for data overlay, opening up a string of applications. In a metaverse, this is immensely useful for building or manufacturing use cases. An XR-backed environment creates a feeling of togetherness, a critical component of a closely-knit office atmosphere.

nn

XR is especially efficient when there is a small set of criteria to be met. For instance, when doing something as simple as playing a board game, you may want dim light and particular music. An interactive XR atmosphere can determine what you want and arrange for it. A virtual conference room can be decisively better than the one in real life.

nnnn”,”title_es”:”¿Cómo crea XR una colaboración profunda en el metaverso?”,”content_es”:”

La XR favorece la colaboración dinámica en el metaverso, permitiendo el trabajo white-collar en un entorno de oficina íntimo.

nn

Un metaverso impulsado por la IA permite a los usuarios realizar tareas mucho más divertidas, atractivas e impactantes. Por ejemplo, en una conversación natural sobre diferentes temas en varias realidades, la IA conversacional de MeetKai puede comprender un discurso más sofisticado, proporcionar resultados personalizados y responder rápidamente recordando las preferencias del usuario y el contexto.

nn

Además, un dispositivo XR permite la superposición de datos, abriendo una serie de aplicaciones. En un metaverso, esto es inmensamente útil para casos de uso en la construcción o la fabricación. Un entorno respaldado por XR crea una sensación de unión, un componente crítico de una atmósfera de oficina muy unida.

nn

La XR es especialmente eficaz cuando hay que cumplir un pequeño conjunto de criterios. Por ejemplo, cuando se hace algo tan sencillo como jugar a un juego de mesa, se puede desear una luz tenue y una música particular. Una atmósfera XR interactiva puede determinar lo que quieres y organizarlo. Una sala de conferencias virtual puede ser decisivamente mejor que la de la vida real.

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All Comments”,”showButtonPostfix”:”comments”,”showButtonPrefix”:”Show”,”signIn”:”Sign in”,”update”:”Update comment”,”commentWasDeleted”:”This comment has been 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+0100″,”publishedW3″:”2022-05-31T13:11:39+01:00″,”show_referral”:true,”isMagazine”:false},{“id”:87485,”retina”:”https://images.cointelegraph.com/images/1480_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvM2U1YTA0OTAtNzk1ZC00MzAzLWFkZjgtNGI2NzRiMjlhM2ZiLmpwZw==.jpg”,”img”:”https://images.cointelegraph.com/images/740_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvM2U1YTA0OTAtNzk1ZC00MzAzLWFkZjgtNGI2NzRiMjlhM2ZiLmpwZw==.jpg”,”thumb”:”https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvM2U1YTA0OTAtNzk1ZC00MzAzLWFkZjgtNGI2NzRiMjlhM2ZiLmpwZw==.jpg”,”thumb370″:”https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvM2U1YTA0OTAtNzk1ZC00MzAzLWFkZjgtNGI2NzRiMjlhM2ZiLmpwZw==.jpg”,”amp_thumb”:”https://images.cointelegraph.com/images/150_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvM2U1YTA0OTAtNzk1ZC00MzAzLWFkZjgtNGI2NzRiMjlhM2ZiLmpwZw==.jpg”,”thumb150″:”https://images.cointelegraph.com/images/150_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvM2U1YTA0OTAtNzk1ZC00MzAzLWFkZjgtNGI2NzRiMjlhM2ZiLmpwZw==.jpg”,”url”:”https://cointelegraph.com/news/web3-is-crucial-for-data-sovereignty-in-the-metaverse”,”title”:”Web3 is crucial for data sovereignty in the metaverse”,”lead”:”For the first time, the decentralized nature of Web3 will allow users to participate in digital economies without having to give up control over their data.”,”leadfull”:””,”category_id”:81,”category_url”:”https://cointelegraph.com/category/opinion”,”category_title”:”Opinion “,”author_url”:”https://cointelegraph.com/authors/tom-graham”,”author_hash”:”aHR0cHM6Ly9jb2ludGVsZWdyYXBoLmNvbS9hdXRob3JzL3RvbS1ncmFoYW0=”,”author_title”:”Tom Graham”,”author_img”:”https://cointelegraph.com/assets/img/icons/author_male.jpg”,”date”:”JUN 04, 2022″,”flash_date”:”JUN 04, 2022″,”sponsored”:false,”press_release”:false,”sponsored_label”:”Sponsored”,”explained”:false,”badge”:{“title”:”Opinion”,”label”:”success”},”published”:{“date”:”2022-06-04 06:17:00.000000″,”timezone_type”:3,”timezone”:”Europe/London”},”stat_uniqs”:6107,”rss_date”:”Sat, 04 Jun 2022 06:17:00 +0100″,”publishedW3″:”2022-06-04T06:17:00+01:00″,”show_referral”:true,”isMagazine”:false},{“id”:87823,”retina”:”https://images.cointelegraph.com/images/1480_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvZmViNTE1OWUtZDhiNS00YTc3LTk5YzktZGUzMmZkM2RjMmRjLmpwZw==.jpg”,”img”:”https://images.cointelegraph.com/images/740_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvZmViNTE1OWUtZDhiNS00YTc3LTk5YzktZGUzMmZkM2RjMmRjLmpwZw==.jpg”,”thumb”:”https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvZmViNTE1OWUtZDhiNS00YTc3LTk5YzktZGUzMmZkM2RjMmRjLmpwZw==.jpg”,”thumb370″:”https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvZmViNTE1OWUtZDhiNS00YTc3LTk5YzktZGUzMmZkM2RjMmRjLmpwZw==.jpg”,”amp_thumb”:”https://images.cointelegraph.com/images/150_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvZmViNTE1OWUtZDhiNS00YTc3LTk5YzktZGUzMmZkM2RjMmRjLmpwZw==.jpg”,”thumb150″:”https://images.cointelegraph.com/images/150_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvZmViNTE1OWUtZDhiNS00YTc3LTk5YzktZGUzMmZkM2RjMmRjLmpwZw==.jpg”,”url”:”https://cointelegraph.com/news/the-metaverse-will-empower-human-beings-declares-qatar-airways”,”title”:”‘The metaverse will empower human beings,’ declares Qatar Airways”,”lead”:”Qatar Airways plans to launch NFTs and enable metaverse ticket purchases for physical flights.”,”leadfull”:””,”category_id”:2,”category_url”:”https://cointelegraph.com/category/latest-news”,”category_title”:”Latest News”,”author_url”:”https://cointelegraph.com/authors/cassio-gusson”,”author_hash”:”aHR0cHM6Ly9jb2ludGVsZWdyYXBoLmNvbS9hdXRob3JzL2Nhc3Npby1ndXNzb24=”,”author_title”:”Cassio Gusson”,”author_img”:”https://images.cointelegraph.com/images/32_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8zYWU5YmE1NTc0MTcxYTY4MjliYmZlZTkwMTA5ZGE1OS5qcGc=.jpg”,”date”:”JUN 09, 2022″,”flash_date”:”JUN 09, 2022″,”sponsored”:false,”press_release”:false,”sponsored_label”:”Sponsored”,”explained”:false,”badge”:{“title”:”News”,”label”:”default”},”published”:{“date”:”2022-06-09 23:00:37.000000″,”timezone_type”:3,”timezone”:”Europe/London”},”stat_uniqs”:4260,”rss_date”:”Thu, 09 Jun 2022 23:00:37 +0100″,”publishedW3″:”2022-06-09T23:00:37+01:00″,”show_referral”:true,”isMagazine”:false}]}” :shares='{“facebook”:{“url”:”https://www.facebook.com/sharer/sharer.php?u=%URL%”,”icon”:”facebook”,”title”:”Facebook”,”sizesAllowed”:[{“size”:”lg”,”label”:”Large devices”,”breakpoint”:”> 1200px”},{“size”:”md”,”label”:”Medium devices”,”breakpoint”:”> 992px”},{“size”:”sm”,”label”:”Small tablets”,”breakpoint”:”> 768px”},{“size”:”xs”,”label”:”Smartphones”,”breakpoint”:”> 480px”},{“size”:”xxs”,”label”:”Extra small devices”,”breakpoint”:”< 480px"}],"position":1,"status":true},"twitter":{"url":"https://twitter.com/intent/tweet?text=%TEXT%","icon":"twitter","title":"Twitter","position":2,"status":true,"sizesAllowed":[{"size":"xxs","label":"Extra small devices","breakpoint":"< 480px"},{"size":"xs","label":"Smartphones","breakpoint":"> 480px”},{“size”:”sm”,”label”:”Small tablets”,”breakpoint”:”> 768px”},{“size”:”md”,”label”:”Medium devices”,”breakpoint”:”> 992px”},{“size”:”lg”,”label”:”Large 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1200px”}],”position”:6,”status”:true},”reddit”:{“url”:”https://www.reddit.com/submit?url=%URL%&title=%TITLE%”,”icon”:”reddit”,”title”:”Reddit”,”sizesAllowed”:[{“size”:”xxs”,”label”:”Extra small devices”,”breakpoint”:”< 480px"},{"size":"xs","label":"Smartphones","breakpoint":"> 480px”},{“size”:”sm”,”label”:”Small tablets”,”breakpoint”:”> 768px”},{“size”:”md”,”label”:”Medium devices”,”breakpoint”:”> 992px”},{“size”:”lg”,”label”:”Large devices”,”breakpoint”:”> 1200px”}],”position”:4,”status”:true}}’ is=”ExplainedPostPage”>

A harbinger of the new era of digital connectivity, the metaverse combines blockchain with AI (artificial intelligence), VR (virtual reality) and AR (augmented reality), collectively known as XR (extended reality) experiences.

A metaverse is a 3D virtual world accessed through a VR headset. Users can navigate this world through their eye movements, voice commands and feedback controllers. With the headset, the user can feel the immersive world and see the metaverse in action. People interact with each other via avatars and participate in activities like gaming, shopping and more.

According to a report by Emergen Research, the metaverse market will reach across $800 billion by 2028. Applications of metaverse technology include gaming, education, commerce, government services, socializing and many more.

AI refers to machines simulating human intelligence processes.

AI is a branch of computer science focused on building smart machines capable of mimicking human intelligence. Algorithms powering AI systems analyze colossal amounts of labeled training data for correlations and patterns, and use these patterns to come up with predictions. AI systems can process data much faster and more accurately than humans.

Applications of AI include smart assistants like Alexa, self-driving cars, conversational bots, Robo advisors, email spam filters, etc. and now, metaverses. As a result, how AI will shape the metaverse has become a regular topic of discussion in tech circles.

The technologies involved infuse tons of potential use cases in the metaverse, leaving imagination as the only restriction.

XR has created a virtual world that never existed before. Blockchain brings decentralization, resulting in the elimination of the centralized governing authority, transparency and irreversible transactions.

Nonfungible tokens (NFTs), a core component of the metaverse, are a product of the blockchain. All objects in the metaverse — land, vehicles, ships, gift items — are also basically NFTs. Take out NFTs and the metaverse falls crashing.

Artificial intelligence in the metaverse enables you to overcome obstacles like poor interactive quality and create new products such as live virtual conferences. It adds to the intuitive interfaces and predictive capabilities of the metaverse. This not only makes life easier for the avatars but games more dynamic, interactions more engaging and businesses more successful.

Metaverse technology has been confronting challenges that stemmed from its immense growth potential.

As technologies, the VR and AR of the previous era had their limitations such as a lack of vision of the surroundings and graphical restrictions. Activities on the metaverse are simply not as engaging as those in the real world or even regular online games.

Self-reliance is another aspect where many metaverses were struggling. In the initial phase of the metaverses, there was simply not enough technical sophistication and footfalls to create adequate use cases to keep the economy rolling. Thanks to advancements in VR and AR, and the integration of metaverses with AI, use cases are increasing and subsequently, options for monetization.

Like any new technology, metaverses were also facing adoption issues, though this is gradually changing with projects like Decentraland (MANA), The Sandbox (SAND) and now MeetKai metaverse. On Decentraland, participants can buy and sell virtual real estate while exploring exhilarating games. Sandbox offers a gaming ecosystem that enables users to create, share and monetize gaming assets whereas Meetkai has created a realistic metaverse that is qualitatively better than the real world, thanks to its integration with AI.

The sophisticated integration of XR and AI technologies has resulted in more engaging virtual worlds, resulting in better adoption and subsequently, more revenues for all stakeholders in the ecosystem.

The amalgamation of AI with XR has led to the phenomenon of mixed reality (MR) metaverse.

To date, human-AI interaction has been usually limited to the B2B world. However, projects are emerging now that showcase AI integration into B2C. Meetkai, for instance, demonstrates how efficient life could be with human-AI integration. Leveraging AI-enabled tech, Meetkai enhances regular real-life experiences like shopping, working in an office and engaging in outdoor activities like hiking, trekking, etc.

While lying in their beds, users can not only try apparel in the metaverse store of their favorite brand and bargain with the sellers live but also have their purchases delivered to their doorsteps. They can also work in their virtual office with a complete set of productivity tools.

Look around and you will find a staggering number of metaverse projects on games, say Roblox, Blocktopia, Nakamoto and so on. This suggests that the arrival of the mixed reality metaverse is an epoch-changing event in the domain of metaverses.

Conversational AI systems in the metaverse resemble human-to-human communication.

Voice assistant AI has found its way to the metaverses of the new era, powering use cases like lifestyle assistance and personalized recommendations. For instance, rather than driving to a travel agency’s office or talking to their overburdened customer service, users can hop on the metaverse and take a tour of multiple awe-inspiring locations with the assistance of an AI-powered bot.

An AI concierge in a metaverse is a personified machine that delivers unique recommendations based on the avatar’s preferences. Take into account the amount of data available on every person and you know the potential of this use case.

Natural language processing in the metaverse makes it more personal than the real world. Voice AI can interpret avatar requests in a language that is more human and natural while factoring in individual tastes and preferences. 

Speech technology has become more contextual and personalized, making the metaverse interface smarter in the process. For instance, Kai, the first AI concierge on Meetkai, has made voice assistance as easy as talking with a friend. Request a recipe for “steak” by saying, “Hey Kai, can you find me a nice recipe?” And you’ll receive the most delectable beef steak recipe in the world in seconds.

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XR felicitates dynamic collaboration in the metaverse, enabling white-collar work in an intimate office environment.

A metaverse driven by AI enables users to take up tasks that are much more fun, engaging and impactful. For instance, in a natural conversation about different topics in various realities, MeetKai’s conversational AI can comprehend more sophisticated speech, provide personalized outcomes and quickly respond by remembering user preferences and context.

Furthermore, an XR device provides for data overlay, opening up a string of applications. In a metaverse, this is immensely useful for building or manufacturing use cases. An XR-backed environment creates a feeling of togetherness, a critical component of a closely-knit office atmosphere.

XR is especially efficient when there is a small set of criteria to be met. For instance, when doing something as simple as playing a board game, you may want dim light and particular music. An interactive XR atmosphere can determine what you want and arrange for it. A virtual conference room can be decisively better than the one in real life.

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Alchemy and Infura block access to Tornado Cash as Vitalik Buterin weighs in on debate

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Alchemy and Infura block access to Tornado Cash as Vitalik Buterin weighs in on debate

U.S. persons and entities must comply with the Treasury’s sanctions or face possible criminal consequences.

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Alchemy and Infura block access to Tornado Cash as Vitalik Buterin weighs in on debate

According to Twitter user @0xdev0, on Monday, Web3 development platform Alchemy and Infura.io blocked remote procedure call (RPC) requests to cryptocurrency mixer Tornado Cash, preventing users from accessing the applications. The day prior, the U.S. Treasury placed 44 smart contract addresses linked to Tornado Cash in the Specially Designated Nationals and Blocked Persons (SDN) list. U.S. persons and entities are prohibited from blockchain or business interactions with Tornado Cash under t sanctions, with the possibility of criminal liabilities for violations.

The move came after the U.S. Treasury alleged individuals and groups had used the privacy protocol to launder more than $7 billion worth of crypto since 2019, including the $455 million stolen by the North Korea-affiliated Lazarus Group. Almost immediately after the announcement, stablecoin issuer Circle froze USD Coin funds held within Tornado Cash’s smart contracts. Meanwhile, programming repository GitHub took down the project’s main page and blocked developer access.

Vitalik Buterin, the co-founder of Ethereum, claimed that he used Tornado Cash to donate to Ukraine. The intent, as told by Buterin, was to protect the financial privacy of the recipients so that their enemy, the Russian government, would not have full details of the transaction.

I’ll out myself as someone who has used TC to donate to this exact cause.

— vitalik.eth (@VitalikButerin) August 9, 2022

Others have also pointed out the mixer’s privacy applications, such as for an individual getting paid in crypto who doesn’t want an employer to see their financial details, or paying for a service in crypto who doesn’t want the service provider to see the past transactions from their wallet. On the other hand, the tool has, in part, acted as a hotspot for enabling anonymous hackers to launder stolen funds from protocol exploits particularly cross-chain bridges. More than $2 billion worth of funds has been stolen from such applications year to date.

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Reddit partners with FTX to enable ETH gas fees for community points

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Reddit partners with FTX to enable ETH gas fees for community points

With the new integration, Reddit users will be able to purchase Ether from supported Reddit apps via FTX’s payment and exchange infrastructure platform FTX Pay.

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Reddit partners with FTX to enable ETH gas fees for community points

After moving away from Bitcoin (BTC) payments years ago, online forum Reddit now seems to be inching closer to embracing cryptocurrency payments via a new partnership with the FTX exchange.

Sam Bankman-Fried’s crypto exchange FTX and Reddit announced in a joint statement on Tuesday that the platform intends to integrate Reddit’s Community Points in the United States, the European Union, Australia and other markets.

The partnership features the integration of FTX Pay as a payment and crypto exchange solution to unlock new crypto-enabled perks for Reddit Community Points. Introduced in May 2020, Reddit Community Points are a measure of reputation in communities or subreddits, allowing users to own a piece of their favorite communities.

“As a unit of ownership, points capture some of the value of their community. They can be spent on premium features and are used as a measure of reputation in the community,” Reddit said when launching the Community Points two years ago. Reddit Community Points are based on Arbitrum, one of the most Ethereum scaling solutions.

With the new integration, users will be able to purchase Ether (ETH) from supported Reddit apps via FTX’s payment and exchange infrastructure platform FTX Pay. The cryptocurrency can be used to pay blockchain gas fees, or network fees for their Community Points transactions on-chain.

“We’re always working to empower communities and introduce new ways to use Reddit, and decentralized, self-sustaining blockchain technology allows us to do that. By working with FTX, we’re able to do this at scale,” Reddit staff software engineer Niraj Sheth said.

Bankman-Fried noted that the partnership with Reddit marks FTX s commitment to empower online communities to harness the power of blockchain. “FTX Pay’s payment and exchange infrastructure integrates with Reddit Community Points, making the customer experience a more seamless process,” he added.

The news comes amid Arbitrum developer Offchain Labs launching the Arbitrum Nova chain on Tuesday. Arbitrum Nova, the second chain launched in the Arbitrum ecosystem, is designed to serve as the premier solution for Web3 gaming and social applications. Apart from Reddit and FTX, other firms like Google Cloud, Consensys, P2P and QuickNode participated in the launch by becoming inaugural members of Nova’s “Data Availability Committee.”

Related: Reddit announces new blockchain-backed ‘Collectible Avatars’

One of the most popular websites in the United States, Reddit has been largely involved in the crypto and blockchain industry for many years. The discussion platform is known for once allowing users to pay for their premium membership in Bitcoin but removing the opportunity in 2018.

Reddit co-founder Alexis Ohanian has been widely involved in crypto, launching a $100 million Web3 investment fund last year. Ohanian subsequently launched another $200 million Web3 and social media fund in collaboration with the Ethereum scaling solution Polygon.

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Is your SOL safe? What we know about the Solana hack | Find out now on The Market Report

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Is your SOL safe? What we know about the Solana hack | Find out now on The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss whether your SOL is safe or not.

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Is your SOL safe? What we know about the Solana hack | Find out now on The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the latest updates concerning the recent Solana (SOL) hack.

To kick things off, we broke down the latest news in the markets this week:

Bitcoin realized price bands form key resistance as bulls lose $24K, significant whale activity between $22,000 and $24,800 adds to the complexity of the current spot market setup. Bitcoin (BTC) consolidated lower on Aug. 9 after familiar resistance preserved a multi-month trading range. When will we finally break out of this price range and make the move towards $30K?

Institutions flocking to Ethereum for 7 straight weeks as Merge nears: Report, “Greater clarity” around the Merge has driven institutional inflows into Ethereum products, according to a CoinShares report. Is the ETH merge finally around the corner and will it bring new all time highs to ETH or has the price already been factored into the current price?

Circle freezes blacklisted Tornado Cash smart contract addresses, Crypto data aggregator Dune Analytics said that, on Monday, Circle, the issuer of the USD Coin (USDC) stablecoin, froze over 75,000 USDC worth of funds linked to the 44 Tornado Cash addresses sanctioned by the U.S. Office of Foreign Assets Control’s Specially Designated Nationals and Blocked Persons (SDN) list. Could this mark the end for Tornado Cash or is there a way they can redeem themselves?

Next up is a new segment called “Quick Crypto Tips,” which aims to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. This week’s tip: Have some funds ready to buy further downturns.

Market expert Marcel Pechman then carefully examines the Bitcoin and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. The experts also go over some markets news to bring you up to date on the latest regarding the top two cryptocurrencies.

After Marcel’s market analysis, our resident experts discuss whether your SOL is safe and the latest updates on the Solana hack. We also discuss why the network has been victim to so many hacks and downtimes. What exactly do these exploits mean for the Solana platform and if you should be worried.

Lastly, we’ve got insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. The analysts use Cointelegraph Markets Pro to identify two altcoins that stood out this week: Radicle’s RAD and DigiByte’s DGB.

Do you have a question about a coin or topic not covered here? Don’t worry. Join the YouTube chat room, and write your questions there. The person with the most interesting comment or question will be given a 1 month free subscription to markets Pro worth $100!

The Market Report streams live every Tuesday at 12:00 pm ET (4:00 pm UTC), so be sure to head on over to Cointelegraph’s YouTube page and smash those like and subscribe buttons for all our future videos and updates.

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