Web3 Latest News 2023/4/4

NFTs

1. Major Acquisition to Innovate Web3 Rewards
   April 4.
   OneOf takes a major step forward in its mission to bring one billion unencrypted natives onto Web3.

2. UltraGame: Bridging the Gap Between Web2 and Web3 Gaming
   April 4.
   Ultra Games aims to bridge the gap between Web2 and Web3 PCs as a comprehensive video game entertainment platform.

3. NFT NYC's 9dcc Treasure Hunt to be Held
   April 4.
   Gmoney announced yesterday that his luxury lifestyle brand 9dcc will be hosting a treasure hunt during NFT NYC.

4. Beeple to Produce Second Chapter of Nakamigoto
   April 4.
   Yesterday, Beeple pledged to create a second chapter of the Nakamigos NFT project if the community donates.

5. Is Twitter's NFT being pushed by Elon Musk?
   Twitter's integration of cryptography and NFT has often been a topic of speculation, especially on social networking services (SNS).

Metaverse

1. Apple may embrace the Metaverse now after all
   Apr 3, 2023 12:37PM

2. Apple CEO Time Cook may have changed his mind about the digital world enhancing our world, describing something akin to a metaverse in a recent interview.The latest revelation about Cook's changing thoughts on AR/VR technology and the metaverse comes from an interview with "GQ interview with "GQ". 'My thinking is constantly evolving. Steve taught me well. That you can't be married to the beliefs you had yesterday," Cook mused.
   Apple CEO Tim Cook overlays the words augmented reality. Cook said of Apple's future AR technology, "The idea is that there is an environment that may be even better than the real world, not just the real world, but the virtual world superimposed on top of it. So this is exciting."

3. Apple Patents New VR Headset Controller
   Some Apple staff are concerned about the company's high-tech headset, reports

4. What is VR?
   Cook's explanation is much like the meta's description of the metaverse. This particular term would not be used by Apple; Meta incorporated the concept into its name, but there has been significant pushback against the idea framed as Meta's property; Apple's digital world would not be called the "Metaverse."
   Cook also backtracked on the importance of AR glasses after strongly endorsing augmented reality as the technology of the future; as of 2016, Cook shared his preference for AR over VR, calling augmented reality profound. However, according to recent reports, the development of Apple's AR glasses has been suspended in light of technical challenges.
   The likelihood of Apple's mixed reality headset launching in 2023 has increased in recent months, and while an early launch of Apple's Reality headset may be risky, the device is expected sometime in 2023, possibly at Apple's Worldwide Developers Conference event in June, according to the most reliable sources.
   Cook lumps AR and VR together, saying, "If you take one aspect of AR/VR, the idea of being able to superimpose things from the digital world on the physical world can greatly improve the way people communicate and connect."
   The "GQ" interview also touched on the failed launch of Google Glass and Meta Quest Pro. Cook was not surprised that Glass failed, describing the device as intrusive; when the Quest Pro was launched, Cook was stressing the benefits of AR.

5. And now it is rumored that Apple will launch its own mixed reality or augmented reality (XR) device this year, and that Apple's long-term goal is to move to AR Glass as soon as hardware, software, and consumer demand are sufficient to meet Apple's high standards There is no doubt about it.
   However, an Apple-themed metaverse could begin development this year with the rumored launch of the Apple Reality headset. If this happens, it would ensure that the ecosystem has a few years to evolve while the Apple AR glasses are being developed.

6. Apple's XR headset could get you one of the best features of the Mac.
   Apple VR headset concept: Apple is known for its powerful ecosystem that makes all its devices work together seamlessly. A new patent suggests that Apple's upcoming "Reality Pro" headset will become a full-fledged member of this ecosystem and get one of Apple's best features in the process. According to the patent, Apple may include the Continuity system in its next mixed reality headset. This means that with the help of the headset's augmented reality (AR) technology, users will be able to send work from one device to another using only their eyes.

7. Apple's second-generation VR headset is already complete
   Apple's first mixed reality headset is not yet available, but a new report reveals that the company is already working on a second-generation model with even more power and performance. This suggests that we won't have to wait long for its successor to hit store shelves. The news was announced by Bloomberg reporter Mark Gurman in his "Power On" newsletter, and Gurman said that the first round of headsets, dubbed Reality Pro, will include the same M2 chip and another chip that handles augmented reality (AR) and virtual reality (VR) experiences.

8. .We now know why Apple's Reality Pro headset has been delayed.
   Until last week, Apple's Reality Pro mixed reality headset was expected to be unveiled at a spring event. But that news was spoiled when Bloomberg journalist Mark Gurman reported that the device had been pushed back to June. He now tells us exactly why, and also reveals another surprising fact. Why June? It's because the event allows developers to learn about the latest Apple software releases and experience them first-hand in demonstrations and seminars that will take place over the course of the week.

9. India's IT spending is expected to grow 9.6% this year, regaining pre-pandemic levels and doing even better in 2024.
   Indian tech spending grew 9.6% this year, and IT spending growth is expected to regain pre-pandemic levels and do even better in 2024, a report Forrester's "India Tech Market Outlook for 2023 and 2024," the Indian economy is expected to grow 0.8 percent in 2023. Nevertheless, it faces challenges such as the falling rupee and rising current account deficits due to geopolitical events such as the war in Ukraine.
   According to the report, technology outsourcing and hardware maintenance will grow rapidly.
   The findings show that "Indian companies are moving from a 100% owned IT model to a project-based outsourcing model as new technologies capture the imagination of consumers and businesses."
   Indian technology leaders no longer want to completely own, build, maintain, and operate new technology-based products themselves.
   There will be massive investments in telecom operators. Over the past year, the announcement of 5G and investments in technologies such as IoT, Web3, Metaverse, AI, and augmented/virtual reality (AR/VR) have had a significant impact on telecom.
   However, software, technology consulting, and systems integration will slow.
   "Software spending growth will fall slightly, from 15% in 2022 to 14.5% in 2023," the report states.
   Spending growth in technology consulting and systems integration will remain high, although it will drop slightly from 11% in 2022 to 10.2% in 2023. This is primarily due to increased adoption of software as a service (SaaS) and outsourcing of key IT operations and implementation.
   The report notes that "Indian firms are now having to adopt new technologies and other initiatives in a cost-effective manner to support revenue growth and new customer acquisition. In its Technology Vision 2023 report, When Atoms Meet Bits: The Foundations of Our New Reality, Accenture argues that the feedback loop between science and technology will become more Meet Glaze, software aimed at putting an end to the imitation of AI-generated art.

10. Technology firm Accenture says generative AI, digital identity, and data are key trends that will define the new future of business as the digital and physical worlds converge. In its Technology Vision 2023 report, When Atoms Meet Bits: Accenture says the feedback loop between science and technology is getting faster, with each accelerating the progress of the other. Paul Daugherty, group chief executive officer of Accenture Technology, said, "The next decade will be defined by three mega technology trends - cloud, metaverse, and AI - that collectively will collapse the distance between the digital and physical worlds." Generative AI will have far-reaching implications, but leaders must jump in now to fully deliver on its promise, as it will require significant investment in data, talent, and customization of the underlying model to fit an organization's unique needs."
    The rapid adoption of ChatGPT highlights the role that generative AI can play in augmenting human capabilities. Accenture predicts that as much as 40% of all work hours will be supported or augmented by language-based AI. Among business leaders, 98% of respondents agree that AI-based models will play an important role in their organizations' strategies over the next three to five years. "The next wave of business transformation is going to be about isolation," said Mahesh Zulare, Senior Managing Director, Lead Advanced Technology Center in India, Accenture. "The next wave of business transformation will move from building isolated digital capabilities to building a new reality that seamlessly blends our traditional physical lives with the digital. "To fully exploit the opportunities of the new reality, companies need to develop a three-pronged innovation strategy of information (IT), physical systems (OT), and science and technology (ST) and continue to invest in skilling across areas such as quantum computing, AI, augmented reality, creative thinking, and critical reasoning capabilities. We need to do this."
    The Technology Vision 2023 report is based on input from an external advisory board of approximately 25 practitioners. Accenture Research also conducted a global survey of 4,777 C-level executives and directors in 34 countries and 25 industries.
    ...four key trends
    Generative AI: Almost all executives agree that generative AI, which enhances the human capacity as co-pilot, creative partner, and advisor, will generate significant creativity and innovation (98%) and usher in a new era of enterprise intelligence (95%). Almost all executives agree that generative AI will create great creativity and innovation (98%) and usher in a new era of enterprise intelligence (95%).
    Digital Identity The ability to authenticate digital users and assets, the foundation for moving between the digital and physical worlds, is now seen by 85% of executives as a strategic business imperative, not just a technical issue. My data, your data, our data: AI will not reach its full potential unless companies understand their data. That means eliminating data silos and modernizing the data infrastructure: 90% of executives believe data is becoming a key competitive differentiator within their organizations and across industries. It is our eternal frontier: the feedback loop between science and technology is getting faster, each accelerating the progress of the other. 75% of respondents believe we can begin to unravel the world's grand challenges

Blockchain

1. Bitcoin Liquidity Declines Despite Price Spike
   Despite a 45% price increase, Bitcoin liquidity has fallen to a 10-month low due to the ongoing financial crisis and regulatory action against crypto companies. The collapse of crypto-friendly banks has led to a liquidity crisis, causing increased price volatility and higher fees for traders.

2. Japan's FSA Warns Binance, Others for Unregistered Operations
   Japan's Financial Services Agency (FSA) has warned that several foreign cryptocurrency exchanges, including Binance, are violating the country's Funds Settlement Law by operating in the country without proper registration. The FSA has been cracking down on unregistered crypto exchanges since 2020, and the warning means that the cryptocurrency industry in Japan and other countries is facing greater regulatory scrutiny. The recent failures of existing financial institutions such as Silicon Valley Bank and Signature Bank highlight the possibility that the decentralized finance (DeFi) sector may also face growing woes. In addition, the fallout from stablecoins, including Circle's USD Coin (USDC), has brought to the fore governance risks associated with the custody of reserve assets. Moody's expects that regulators may increase their scrutiny of stablecoins and require counterparty diversification.

3. U.S. crypto crackdown could push industry to Hong Kong.
   Ambre Soubiran, CEO of Paris-based Kaiko, suggests that the recent cryptocurrency regulatory crackdown in the US could shift the industry's center of gravity to crypto-friendly Hong Kong. The Hong Kong government is rolling out progressive regulations to support crypto and fintech companies in 2023, and more than 80 virtual asset-related companies have expressed interest in operating in Hong Kong.

4. The launch of the Central African Republic's Sango Coin has been delayed for several weeks due to legal and regulatory obstacles. The Sango Project, which supports the initiative, said the postponement was necessary to comply with all relevant regulations.

5. Bermuda Maintains Commitment to Crypto Despite FTX Collapse
   Bermuda's Prime Minister and Minister of Finance Edward Burt has stated that despite the collapse of crypto exchange FTX in the neighboring Bahamas, Bermuda will continue to embrace digital assets and blockchain technology companies because of the benefits they offer. The territory, which has introduced a regulatory framework for digital assets, recently released its first stablecoin powered by the Polygon blockchain.

6. regulated stablecoin will likely remain in use until 2030.
   At the World of Web3 (WOW) Summit in Hong Kong, a panel of digital regulation experts discussed the future of regulated stablecoins. The group concluded that regulated stablecoins are likely to remain in use through 2030 and that their growth rate in the market supports this idea. Panelists acknowledged the growth of the crypto industry and emphasized the importance of both centralized and decentralized approaches to digital assets.

7. Australian Senator Introduces Digital Asset Regulation Bill
   Senator Andrew Bragg proposed the Digital Assets (Market Regulation) Bill 2023 to regulate cryptocurrency services in Australia. The bill recommends stable coin regulation, exchange licensing, and custody requirements to protect consumers and promote investment.

8. European crypto startups to see record VC investment in 2022.
   While 2022 was a challenging year for the crypto industry, VC investment in European crypto startups reached a record high of $5.7 billion, with decentralized financial startups seeing a 120% increase in investment. Europe is also the region with the highest number of crypto startups, but lags behind the U.S. in unicorns and startups with more than $1 million in funding. Investment in financial services startups declined 19% from 2021, while infrastructure increased 24%. the EU crypto asset market regulation is scheduled for a final vote in April 2023.

9. .Mastercard Enables USDC in Asia
   Mastercard has partnered with Stables to allow retail customers in the Asia-Pacific region to use and save USDC through the Stables network. Meanwhile, global banking turmoil has not slowed the convergence of traditional and decentralized finance (DeFi). Global payment provider Mastercard has expanded its partnership with Stables, an Australian stablecoin platform, to allow retail customers in the Asia-Pacific region to use and save USDC wherever Mastercard is accepted. The wallet accepts deposits in multiple stablecoins, including Tether (USDT) and Binance USD (BUSD), and all deposits are automatically converted to USDC. The move comes as global banking turmoil and regulatory crackdowns continue to impact the crypto space.