Tech
Blockchain Technology News – Blockchain Times
In the rapidly expanding universe of digital gaming, MetaFight stands out as a bold initiative that fuses the excitement of mixed martial arts (MMA) with emerging cryptographic technologies like NFT and Web3. This innovative approach promises to not only transform the way fans interact with sports, but also reshape concepts of ownership and participation within video games. In this interview, Julia Mahé-Emsallem, co-creator and CEO of MetaFight, reveals the origins of MetaFight, the ambitions behind this bold project and her personal vision as a player involved in this fascinating journey. Get ready to discover how MetaFight is redefining social gaming and fan engagement in the world of sports.
Can you tell us more about your background and how your passion for MMA has influenced your career in the Web3 domain?
My career began in the legal field, where I specialized in intellectual property and new technologies. This specialization allowed me to understand the nuances of digital rights and the protection of innovations, essential skills in the world of Web3. My career as a lawyer has also given me first-hand insight into the challenges and opportunities associated with the legalization and regulation of MMA in different countries, sparking a personal and professional interest in the sport.
My passion for MMA grew out of both my interest in martial arts and my legal work in the industry. Seeing up close how MMA is run and how fighters navigate their careers, often with significant challenges related to managing their rights and optimizing their income, motivated me to explore how technologies like blockchain could provide solutions.
In collaboration with my partner Thomas Chauveau, we launched our first company Web3, not only to explore blockchain applications in various fields, but also to educate interested parties about its benefits. The idea was to demystify blockchain for industries like luxury homes and artists, showing how it can improve transparency, security and traceability.
It was this combination of passion for MMA and technological expertise that led to the creation of MetaFight. We wanted to make use of our expertise to address concrete problems in the MMA sector using Web3’s disintermediation and digitalization solutions.
Can you tell us about the origin of the MetaFight project? How did the idea of integrating NFTs, social gaming and cryptocurrencies into an MMA-focused universe come about?
The idea for MetaFight was born from a combination of our passion for MMA and our expertise in emerging technologies. As an attorney specializing in intellectual property and new technologies, I have closely followed the legal and business evolution of MMA, including its legalization and global expansion. These observations allowed me to understand not only the dynamics of the sector but also the possibilities offered by technologies such as blockchain and cryptocurrencies to transform entire sectors.
By combining our knowledge of MMA and our technology expertise, my partner, Thomas Chauveau, and I identified several specific problems within the industry that we believed could be solved using the Web3 philosophy.
The idea was to create a system that would allow the MMA ecosystem, from fighters to equipment manufacturers, to better leverage their intellectual property rights through digital cards that can be used in a game. This game would not only be an entertainment platform but also a way for participants to generate additional revenue through profit sharing from card sales.
Can you describe in detail what MetaFight is and how your project integrates sports, social interactions and Web3 cryptographic elements?
MetaFight is a digital card game platform that transforms fan interaction with the world of MMA. The game allows players to collect, trade and use cards representing fighters, trainers and equipment, each card having unique attributes that influence performance in strategic battles. These duels are not limited to chance; they require tactical thinking and meticulous planning that test players’ strategic skills.
The game strongly encourages social interaction. In addition to direct competition, MetaFight offers a broad social environment where players can participate in special events, watch fights in the MetaVerse, and interact on a platform that strengthens the connection between users and real-world fighters. This social dimension is strengthened by upcoming features that will enable even greater community engagement.
The integration of Web3 cryptographic technologies is another key aspect of MetaFight. Playing cards are NFTs, granting players true ownership of digital assets. This approach not only adds a layer of security and transparency through the blockchain, but also increases players’ perceived value of these assets, as they know they own something tangible and rare within the gaming ecosystem.
In short, MetaFight isn’t just a digital card game. It is an immersive experience that innovatively combines sports, strategy and social gaming, offering players a new way to live their passion for MMA by exploring the possibilities offered by cryptocurrencies and Web3.
How does social gaming, in the context of MetaFight, represent a new approach to sport and player interaction?
THE social play aspect in MetaFight is an innovative reinterpretation of the sporting experience, integrating the social dimension directly into the gameplay and culture surrounding MMA. This concept goes beyond simple online competition; aims to create a complete ecosystem where social interactions are not just an add-on but a core element.
In MetaFight, social interactions manifest themselves in several significant ways. First, players can challenge and interact directly with other players, creating a network of competition and collaboration. The fights in the game aren’t just isolated encounters; they are social events where strategies, victories and defeats are shared and discussed within the community.
Secondly, MetaFight encourages players to participate in live events and tournaments, thus strengthening the sense of community. These events often serve as meeting points for MMA fans from different backgrounds and allow for cultural and social exchanges that enrich the overall experience.
Finally, the game uses Web3 cryptographic technologies to enhance these interactions. Through the use of NFTs and blockchain, players can not only secure ownership of their game assets, but also participate in an in-game economic market that reflects real-world interactions such as trading and investing. This adds a layer of realism and economic commitment that takes social interaction to the next level.
What are the main goals of MetaFight players and why do you personally find this game appealing?
In MetaFight, player objectives vary widely, reflecting the diversity and complexity of the game. One of the main objectives is the collection of cards, especially rare and powerful cards that offer strategic advantages in duels. Players strive to build optimized decks to maximize their chances of success in battles.
Another important goal is to master the strategy. MetaFight requires players to understand not only the strengths of their own cards but also the potential strategies of their opponents. The ability to anticipate and react is key, making the game challenging and rewarding.
Players also aspire to progress through the game’s leaderboard. Progression is often accompanied by rewards such as access to exclusive cards, upgraded gear, and in-game tokens, which can be used to acquire new items or participate in special events.
Why should our readers play MetaFight? What makes this game unique and captivating?
First and foremost, MetaFight offers an immersion into the MMA universe that few games can offer. Players have the opportunity to collect and manage fighter, trainer and equipment cards, making each collection unique and personalized. And this collection isn’t just for competition; It also allows players to connect with their favorite fighters and deepen their understanding of the sport.
Additionally, the game requires strategic thinking. Unlike games where the action is immediate and direct, MetaFight requires players to think like managers, planning and adapting their strategies to succeed. This strategic component is rewarding as it reflects the real challenges MMA managers face in preparing their fighters for battles.
Furthermore, the social aspect of the game is highly developed. MetaFight is a place to meet other MMA enthusiasts, share tactics, and even participate in community events. This creates a rich experience that goes beyond the game itself and fosters authentic relationships and interactions between players.
Finally, the integration of cryptographic, Web3, and NFT technologies into MetaFight offers security and ownership of digital assets that few games can guarantee. Players can rest assured that what they acquire in the game is truly theirs, adding an extra layer of value and satisfaction.
For these reasons, I highly recommend MetaFight to anyone interested in MMA, gaming strategy, or looking for an active community to interact with. It’s more than just a game; is a platform that allows you to live your passion for MMA in an innovative and connected way.
Conclusion
MetaFight revolutionizes the MMA experience by combining game strategy, social interactions and Web3 cryptographic technologies in a single immersive platform. Whether you’re a long-time MMA fan or a newcomer, MetaFight offers you a new way to live your passion. Don’t hesitate to try it!
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Luc Jose A.
Graduated in Science Po Tolosa and holder of a blockchain certification consultant issued by Alyra, I returned to participate in Cointribune in 2019. Capturing the potential of blockchain to transform numerous sectors of the economy, I have made a commitment to raise awareness and inform the great public about this constantly evolving ecosystem. My goal is to allow anyone to better understand blockchain and learn about the opportunities it offers. I strive every day to provide an objective analysis of current events, to decipher market trends, to convey the latest technological innovations and to put into perspective the economic and social efforts of this revolution in brands.
Tech
Hollywood.ai by FAME King Sheeraz Hasan Promulgates a Complete Ecosystem that Unites Web3, Cryptography, AI and Entertainment for Spectacular Global Tech Innovation
The one and only FAME King Sheeraz Hasan is launching Hollywood.ai, a revolutionary platform designed to integrate the cutting-edge realms of Web3, cryptocurrency, AI, finance and entertainment. This revolutionary initiative is set to create a seamless, interactive and intuitive ecosystem where the world’s leading technology luminaries can collaborate on innovations, ultimately redefining the future of digital interaction.
Hollywood.ai represents the convergence of the most complex technologies of all time. Fusing Web3 principles, cryptocurrency utilities, AI advances, and financial machinery, Sheeraz’s platform aims to become the nucleus for innovation and modernization. It provides a high-tech environment where technology and creativity collide harmoniously, paving the way for new paths in the digital economy.
A defining feature of Hollywood.ai is the integration of cryptocurrency into the AI ecosystem, transforming AI into a tokenized asset with full cryptographic utility. Sheeraz’s novel approach presents new avenues to leverage the myriad capabilities of AI in the financial realm, unlocking unprecedented opportunities for developers and users alike. Through the amalgamation of AI and cryptocurrency, Hollywood.ai is paving the way for an incredibly interconnected digital space unlike anything seen before.
The platform’s design emphasizes the undeniable symbiosis between various technology sectors. Under Sheeraz’s careful orchestration, Web3 technologies facilitate decentralized collaboration, while AI tools offer enhanced potential for data analytics, content creation, and audience engagement. Additionally, the inclusion of financial innovations ensures rapid mobility of both monetization and investments, providing a holistic environment that meets the ever-evolving demands of the technology and entertainment segments.
Sheeraz’s Hollywood.ai is poised to become the premier hub for industry leaders, developers, and creators to support and empower the next generation of digital experiences. This initiative aspires to drive the emergence of new tools, applications, and services that set new standards for advanced engagement and interaction.
Known for making the impossible possible, Sheeraz envisions a future where global audiences actively participate in designing the next A-list stars from scratch. Hollywood.ai will allow users to watch their creations evolve from simple concepts to 3D talents that can act, sing and perform just like human actors.
The Hollywood.ai platform leverages AI technology to deliver personalized fan engagement, real-time sentiment analysis, and informed content creation. By combining cutting-edge AI capabilities with Sheeraz’s deep understanding of celebrity branding, Hollywood.ai gains immense control over public figures.
Undeniably, FAME’s number one strategist Sheeraz Hasan continues to cement his reputation as a pioneer in the fields of FAME and technology. The power and influence of this latest development brings him closer to total world domination.
Tech
Online Broker Futu Offers Cryptocurrency Trading in Hong Kong, With Nvidia and Alibaba Stock as Rewards
Futu Securities International, Hong Kong’s largest online broker, has launched retail cryptocurrency trading in the city, offering shares of Alibaba Holding Group AND Nvidia as a reward in an attempt to attract investors. Futu has begun allowing Hong Kong residents to trade Bitcoin and ether, the world’s two largest cryptocurrencies, directly on the brokerage platform using Hong Kong or U.S. dollars, the company announced Thursday.
The online retail broker said last month that it had received an upgrade to its securities license from the Securities and Futures Commission (SFC), allowing Futu to offer virtual asset trading services to both professional and retail clients in the city.
Futu’s move comes as Hong Kong seeks to boost its attractiveness as a business hub for virtual assets, with the city government launching a series of new cryptocurrency policy initiatives over the past two years, including a mandatory licensing regime for cryptocurrency exchanges.
In addition to offering cryptocurrency trading on its flagship brokerage app, Futu is also seeking a cryptocurrency trading license for its new PantherTrade platform. That platform is among 11 in Hong Kong that are currently “deemed licensed” for cryptocurrency trading, an arrangement that allows them to operate in the city while they await full approval from the SFC.
Hong Kong’s progress in becoming a crypto hub has encountered various challenges, including exit of the major global platforms and relatively low trading activity for cryptocurrency exchange-traded funds offered on local stock exchanges.
Futu is now offering a series of incentives to potential investors, amid a cryptocurrency bull market that has seen the price of bitcoin rise 45 percent this year.
Hong Kong investors who open accounts in August and deposit HK$10,000 (US$1,280) over the next 60 days can receive HK$600 worth of bitcoin, a HK$400 supermarket voucher or a single Chinese stock. e-commerce giant Alibaba. Alibaba owns the South China Morning Post.
By holding 80,000 U.S. dollars for the same period, users can get 1,000 Hong Kong dollars in bitcoin or a share of U.S. artificial intelligence (AI) chip maker Nvidia, whose shares have risen more than 140 percent this year.
A Futu representative said the brokerage firm will also waive cryptocurrency trading fees starting Thursday until further notice.
Futu is the first online brokerage in Hong Kong to allow retail investors to buy cryptocurrency directly on its platform. SFC rules require it to offer this service through a tie-up with a licensed cryptocurrency exchange. Futu is partnering with HashKey Exchange, one of only two licensed exchanges in Hong Kong, according to the representative.
Futu’s local rival Tiger Brokers also said in May that it had begun offering cryptocurrency trading services to professional investors on its platform following a license update. The SFC defines professional investors as those with more than HK$8 million in their investment portfolios or corporate entities with assets exceeding HK$40 million.
Tech
Tech Crash: $2.6 Trillion Market Cap Vanishes as ‘Magnificent 7’ Prices Stumble
A group of seven megacap tech stocks, often called the Magnificent 7, have lost more than $2.6 trillion in value over the past 20 days, or an average of $125 billion per day over the period. In total, these stocks have lost “three times the value of the entire Brazilian stock market.”
This according to the economic news agency Letter from Kobeissiwho noted on the microblogging platform X (formerly known as Twitter) that the Magnificent 7 batch “is worth as much as Nvidia’s entire current market cap in 20 days,” with Nvidia itself having lost $1 trillion from its high.
Source:Letter from Kobeissi on the X
The group, which includes Nvidia, Microsoft, Amazon, Apple, Alphabet, Meta and Tesla, has undergone a significant correction: in the last 20 days Nvidia has lost 23% of its value, or about $800 billion, while Tesla has fallen 19%, losing $164 billion.
Microsoft, Apple, Amazon, Alphabet and Meta all posted losses of between 9% and 15%, losing between $257 billion and $554 billion in market capitalization, wiping out a total of $200 billion more “than every single German stock market tock combined.”
Tech titans, which have outperformed the broader S&P 500 index since the market bottom of 2022, are now facing a reckoning as investors grow increasingly wary about the sustainability of their meteoric rise, with Nvidia taking the lead soaring 110% since the beginning of the year and over 2,300% in the last five years.
Earnings reports from these companies, starting with Microsoft and culminating with Nvidia in late August, will be closely watched for signs of weakness. Their performance could set the tone for broader market sentiment, with implications for everything from cryptocurrency to other high-risk assets.
Their poor performance comes after a leading macroeconomist, Henrik Zeberg, reiterated his forecast of an impending recession that will be preceded by a final wave in key sectors of the market, but which can potentially be the worst the market has seen since 1929the worst bear market in Wall Street history.
In particular, the Hindenburg Omen, a technical indicator designed to identify potential stock market crashes, began flashing just a month after its previous signal, raising concerns about a possible impending stock market downturn.
The indicator compares the percentage of stocks hitting new 52-week highs and lows to a specific threshold. When the number of stocks hitting both extremes exceeds a certain level, the indicator is said to be triggered, suggesting a greater risk of a crash.
Featured Image via Disinfect.
Tech
Trump Fights for Cryptocurrency Vote at Bitcoin Conference
To the Bitcoin Conference 2024 In Nashville, Tennessee, former President Donald Trump delivered a keynote speech.
Trump, the Republican presidential candidate, used the platform to appeal to the tech community and solicit donations for the campaign. During the conference, He said:
I promise the Bitcoin community that the day I take the oath of office, Joe Biden and Kamala Harris’ anti-crypto crusade will be over… If we don’t embrace cryptocurrency and Bitcoin technology, China will, other countries will. They will dominate, and we can’t let China dominate. They are making too much progress as it is.
Trump’s speech focused heavily on cryptocurrency policy, positioning it as a partisan issue. He said that if reelected, he would fire SEC Chairman Gary Gensler on his first day in office, a statement that drew enthusiastic applause from the audience. This statement marked a stark contrast to Gensler’s tenure, which has been characterized by rigorous oversight of the cryptocurrency industry.
The former president outlined several pro-crypto initiatives he would undertake if elected. These include transforming the United States into a global cryptocurrency hub, keeping all government-held Bitcoin as a “national Bitcoin reserve,” establishing a presidential advisory council on Bitcoin and cryptocurrency, and developing power plants to support cryptocurrency mining, emphasizing the use of fossil fuels.
Trump’s current embrace of cryptocurrencies represents a reversal from his stance in 2021, when described Bitcoin as a “scam against the dollar.” He also noted that his campaign has received $25 million in donations since accepting cryptocurrency payments two months ago.
The event featured other political figures, including Republican Senators Tim Scott and Tommy Tuberville, as well as Democratic Representatives Wiley Nickel and Ro Khanna. Independent presidential candidate Robert F. Kennedy Jr. also spoke at the conference.
Trump’s appearance at Bitcoin 2024 reflects growing support for his campaign from some tech leaders, including Tesla CEO Elon Musk and cryptocurrency entrepreneurs Cameron and Tyler Winklevoss.
While Trump has described the current administration as “anti-crypto,” Democratic Congressman Wiley Nickel said Vice President Kamala Harris is taking a “forward-thinking approach to digital assets and blockchain technology.”
This event underscores the growing political importance of cryptocurrency policy in the upcoming presidential election.
Kamala Harris and Democrats Respond on Cryptocurrencies
In a strategic move to repair strained relations, Vice President Kamala Harris’ team has initiated a dialogue with major cryptocurrency industry players. This outreach aims to restore the Democratic Party’s stance on digital assets and promote a more collaborative approach.
THE Financial Times reports that Harris’s advisors have reached out to representatives from industry leaders like Coinbase, Circle, and Ripple Labs. This move comes as the cryptocurrency community increasingly supports Republican candidate Donald Trump, reflecting growing dissatisfaction with the current administration’s cryptocurrency policies.
THE disclosure follows a letter from Democratic lawmakers and 2024 candidates urging the party to reevaluate its approach to digital assets. Harris’s team stresses that this effort is less about securing campaign contributions and more about engaging in constructive dialogue to develop sensible regulations.
The move is part of a broader strategy to reshape the Democratic Party’s image among business leaders, countering perceptions of an anti-business stance. Harris’ campaign aims to project a “pro-business, responsible business” message.
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