GET THE FRESH NEWS IN WEB3, METAVERSE, CRYPTO, NFTs, AND AI PLUS AN EXCLUSIVE META TALKZ PODCAST INTERVIEW!

WHAT YOU SHOULD NOT MISS!

Listen to our latest podcast?$4 Billion Metaverse, Animoca Brands Japan CEO Moto Tani,?and be more informed about all things Metaverse!

With an eye towards new horizons, AIBC heads to Manila – connecting the sharpest minds in the sectors of blockchain, crypto, AI and Web3, digital innovation and creator economy, and connecting our vast network in the West and the East. The show is estimated to welcome 15K+ attendees!

During the 2-day summit, thought leaders and industry experts will convene to Manila to discuss the latest trends and developments in crypto, blockchain and digital economy; investment strategies and VCs perspective; Fintech and smart contract development; AI and emerging tech in Asia and globally; NFTs; Web3 solutions and Metaverse.

AIBC Manila includes series events EXPO, Conference, Workshops, Awards, Dinners, Networking events, Closing Party, etc.

Dates: July 19-22, 2023

Location: SMX Convention Center, Manila, Philippines

Former FTX US CEO’s New Venture Is Seeking to Harness AI for Crypto Trading

His new venture, Architect, officially started in January 2023 with a?$5 million seed round?from Coinbase Ventures and Anthony Scarmucci, among others, and aims to bring investment tools to individual traders and large institutions, Harrison told CoinDesk in an interview. Architect’s platform has been available for select clients in beta mode since May.

Around February or May, when interest in AI was at its zenith, Architect saw an opportunity to write algorithmic trading code for crypto, using generative AI tools such as ChatGPT - the chatbot created by Sam Altman’s OpenAI. Often the hardest part about creating such algorithms is the initial step, going from zero to one, because it requires specialized skills and knowledge that not all trading firms have in-house, he said.

“Our idea was to leverage the OpenAI API's [application programming interfaces] and combine them with our internal trading API's that we've built on top of all these different protocols to make it possible to use natural language probes to generate trading strategy code,” Harrison said. For example, using Architect’s platform, traders could set up software that buys bitcoin on Coinbase (COIN) when its price drops below what it is on other crypto exchanges.

Top 10 Principles for Using AI Responsibly

Using?artificial intelligence (AI)?responsibly is paramount to ensure this powerful technology’s ethical and fair deployment as artificial intelligence continues to advance and permeate various aspects of society. The principles for using AI are for the well-being of individuals, respecting privacy, and mitigating biases.

In the rapidly advancing world of artificial intelligence (AI), using this technology responsibly is paramount.?Responsible AI practices?involve considering ethical implications and minimizing potential risks while maximizing the benefits. It entails fairness, transparency, accountability, and privacy protection. By adhering to these principles, organizations, and individuals can ensure that?AI systems?are unbiased, explainable, and respectful of privacy rights. By embracing responsible AI practices, we can harness the full potential of this transformative technology while safeguarding societal values and fostering trust among users.

UN talks aim to harness AI power and potential

The “AI for Good Global Summit”, being held in Geneva on June 6-7, will bring together around 3,000 experts from companies like Microsoft and Amazon as well as from universities and international organizations to try to sculpt frameworks for handling AI.

“This technology is moving fast,” said Doreen Bogdan-Martin, head of the International Telecommunication Union, the U.N.’s information and communications technology agency that convened the summit.

“It’s a real opportunity for the world’s leading voices on AI to come together on the global stage and to address governance issues,” she told reporters.

“Doing nothing is not an option. Humanity is dependent upon it. So we have to engage and try and ensure a responsible future with AI.”

Read more of the latest news here!

• Bitcoin Price Prediction: Mark Cuban and Former SEC Official Voice Opinions on Crypto Regulation
• U.K. Blazes Trail With New Cryptocurrency Rules
• Thailand Follows Singapore, Bans Crypto Exchanges From Offering Lending Services
• AI is already linked to layoffs in the industry that created it

Democratizing Metaverse: A Meta Talkz with Cindy Jin

What was your journey like to get where you are?

Before starting my adventures into cryptocurrencies, I was a?corporate?professional working in fashion, e-commerce, and digital marketing for over a decade. Even with a decent payroll and working at a managerial level for years, I still couldn’t afford any housing in Shanghai (where I was living) in my late 30s. This got me to rethink what went wrong, and I realized how the real world economy works and what impact it has on the majority of society. The government keeps minting the money, which essentially goes to the major corporations, while normal people barely survive and try to fight inflation. The worst thing is there’s no education about the system, but thanks to the internet and social media, younger generations are able to break free from the traditional way of thinking. And that’s where I started to grow an interest in crypto and blockchain. That being said, I never really pursued a career in crypto until late last year when NFTs started gaining a lot of traction in the mainstream. I quit my job as a commercial lead at a leading e-commerce enabler company in Singapore and began my startup journey in the crypto space by founding Mintology Studio, an NFT agency and studio that assists in advising and launching NFT projects. Around November 2021, the Metaverse suddenly became a hot topic because of Facebook’s name change to Meta. That’s when my partner and I came up with the idea of Metapoly to democratize land ownership in the Metaverse for normal citizens.

In a simpler phrase, what is your company exactly doing??

Metapoly is the world’s first decentralized Metaverse land tycoon that aims to democratize and fractionalize Metaverse lands in Web3 for ordinary citizens. It acts as a land bank that acquires Metaverse land assets, while the treasury is owned and run by the DAO. Our mission is to expand the virtual ecosystem by providing the infrastructure to unify the Metaverses, along with a reserve currency — the D33D token — which will enable people to enjoy ownership of assets from all the different Metaverses. The community is given the power to control the Metaverse’s future through the governance of the D33D token.

What about Metaverse are you most excited for in the future?

The most exciting part of the Metaverse is that it has the possibility to be a world with no limitations or boundaries in terms of nationality, sexuality, and race. You get to be anyone you want to be in the Metaverse. The Metaverse is a brave world and opens so many opportunities and possibilities to participants, and we believe that there should be multiple ways for people to be able to engage with it. At Metapoly, we want to be part of the movement to provide a sense of belonging and pride that comes with owning a piece of land and having a say in the Metaverse’s future.

Why should we be paying attention to the Metaverse??

“What exactly is the Metaverse?” is a question we get asked a lot! It’s not a game, it’s not just The Sandbox. It’s the whole internet, and it’s the transformation from Web2 to Web3. Nobody knows how long it will take until we really get there and what the Metaverse is going to look like, or how it’s going to change real life. But the Metaverse is here now, and the transition to Metaverse technologies is happening so quickly that even the large corporations and giant ventures are not able to look away. In fact, JPMorgan has recently opened a lounge in Decentraland, one of the biggest Metaverses in the market. Another good example is that even though a lot of people are still struggling to understand the use cases and real value of NFTs, the amount of revenue generated and the impact it has brought is starting to shift the mass market’s views on crypto and DeFi. Although the world of Ready Player One might not be the ideal future for a lot of us, the younger generation may feel otherwise. One thing is for sure: the evolution of technology will drive humanity forward. The Metaverse is just one part of the inevitable path to this exciting future.

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