Autor Cointelegraph By Tom Farren

ApeCoin DAO officially favor to remain within Ethereum ecosystem

ApeCoin DAO, a governance system serving the democratic rights of ApeCoin holders — a digital asset tied to the Bored Ape Yacht Club ecosystem — published an official proposal on May 2 to debate whether the asset should remain on Ethereum, transition to a layer-2 alternative, or perhaps explore the possibility of chain migration. The ApeCoin improvement proposal (AIP) titled “AIP-41: Keep ApeCoin within the Ethereum ecosystem,” was authored by BAYC 2491, known as ASEC, and drew inspiration from a number of incidents, including the turbulent Otherdeed mint, and subsequent Yuga Labs reaction. The calamitous fallout of Yuga Labs’ Otherdeeds metaverse land sale intensely scrutinized the financial limitations of Ethereum’s gas fee mechanics, and prompted the leading members of the ApeCoin community to vocalize their concerns around ApeCoin’s fixed supply contract, and scalability potential. The overwhelming deflation of the gas wars, and lack of financial inclusion or integrity, was then further compounded by Yuga Labs’ poorly-calculated tweet insisting that “it seems abundantly clear that ApeCoin will need to migrate to its own chain in order to properly scale”, and that “we’d like to encourage the DAO to start thinking in this direction.” Despite the imploring suggestion from Yuga Labs, AIP-41 passionately advocated against the migration from Ethereum, stating that “such a decision is currently too complex and costly to make”, and potentially could damage their deep-rooted presence on the network with the largest volume and cultural adoption of NFTs. “We the ApeCoin DAO believe that, at least for the time being, ApeCoin should remain within the Ethereum ecosystem, and not migrate elsewhere to an L1 chain or sidechain not secured by Ethereum.” The total votes of the proposal equated to 3.8 million for and 3.3 million against – a 53.59% split. This outcome is not entirely definitive, and can be further deliberated with the submission of new proposals within a three-month grace period.

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Purrfect match: The story of a young girl’s love of cats and NFTs

For all the cynical narratives that circulate the mainstream zeitgeist perceiving nonfungible tokens (NFTs) as little more than means of inflating capitalistic principles, every so often projects emerge that disprove those absolute assumptions, and serve as reminders of the essence, soul and founding purpose of the space.For Amelia, a 9-year-old Polish girl with a lovable devotion to cats, and a budding artistic curiosity, her discovery of NFTs enabled the opportunity to cultivate her interests into a digital passion project. Cointelegraph sat down with Amelia and her father, Marcin to discuss the importance of parenting children on the value of money, how to recognize and harness their creative talents for good, as well as learn more about the inspiration of Ami’s Cats.Different cards in the collection. Source: Ami’s CatsAmelia’s mother is a bookkeeper for an Irish company, while Marcin is a self-titled entrepreneur with a background in graphic design and product manufacturing, who now operates an e-commerce consultancy business advising sellers on Amazon and Shopify. Residents of Galway, Ireland for 12 years, the family moved back to home in Poland three years ago. Artistic and free-spirited, Marcin describes their parenting style as one which promotes practical learning over educational teaching. A curious child, Amelia took a modest interest in her father’s work-from-home business — tracking charts, financial spreadsheets and the like — but it wasn’t until he began browsing through little pictures of doodle art, did she become truly fascinated. Marcin owns an NFT from Gary Vaynerchuk’s VeeFriends Series 1 collection, an Aspiring Alpaca with a rare background. To purchase another one from the collection would have cost around 18 Ether (ETH) at the time, too expensive to purchase, so together they decided to create a collection for Amelia: “I thought that it would be a good idea to try and introduce her. I believe the best way to learn is to do. Rather than watch another video on YouTube — like how does this and that work, we decided to actually try and launch something together […] so I was like okay, you draw some cards, I’m going to do the computer magic, we’ll put it together and see what happens.”In August 2021, Ami’s Cats was born — a 200-piece collection of NFT trading cards depicting various furry friend images such as Cosmic Cat, Colourful Cat and Cyber Cat, among others. Her parents helped to set up the technical component on the blockchain, while she drew the artwork. The collection currently has 98 owners with a total volume of 14 ETH. Ami’s Cats banner.A recent attendee of VeeCon, and proud of the culture of kindness emanating throughout the community, Marcin speaks about the ways in which he and his wife are attempting to simplify the subject matter of crypto into digestible formats. He says that although the conversation of blockchain is too complex for Amelia at her age, she has been able to grasp the concept of NFT ownership, authentication, and the inability to copy other works of art. Alongside this, the couple are proud to adopt a conscious approach to parenting, with a keen emphasis on the future: “We believe that kids should learn things that will be needed in the future, rather than what we think is needed now. So, if you think about the education system […] you need to predict what they need to know when they leave the school, not what they need to know when they actually learn.” It was at this moment in the interview that Ameila took a break from writing a book on cats to speak on screen. She was understandably shy meeting a new person for the first time, but pleasant and personable in conversation. She spoke about her favorite cat from the collection — the colorful one — because “they are so beautiful”, and the book she’s writing about her real-life cat, Molly. “We want to get more kids involved in Ami’s Cats version two”, she says. “They’re going to color a template and we’re using the template on the body of the cats.” Ami’s Cats V2 will seek to engage children and parents in a printable coloring exercise to create the bodies, also known as skins, and thus rarity types of the second collection. Where are all my NFT PARENTS at?Please watch my video to learn how we want to onboard more kids into #nft space. Retweet and let other NFT Parents know in the comments. THANK YOUMany of you at @veecon loved what my family is doing, so here it is explained under 120 seconds. pic.twitter.com/JTcAsHD73S— Chasz (Ami’s Dad) MISSING VEECON (@OneJpegAway) May 25, 2022“It’s nice to meet you, too”, Amelia replied as she waved goodbye, and gave the headphones back to her father. The inaugural collection of Ami’s Cat pledged and donated 30% of the royalties, roughly equating to $2,000, to Cat Rescue charities chosen by their Discord community. When the Ukrainian conflict broke out, the family consulted with their project community and collectively agreed to pivot funds from cat charities to supporting children escaping from Ukraine. It felt like a better course of action at this moment, Marcin said.

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Nifty News: Prada launches new fashion NFT, P2E games witness growth in India

Following its initial foray into the nonfungible token (NFT) space with the Adidas for Prada re-source project in partnership with digital artist Zach Lieberman and SuperRare, iconic fashion brand Prada has now announced its first independent NFT collection accompanying the Prada Timecapsule.An online event hosted on the first Thursday of every month, Prada Timecapsule has, since December 2019, opened up exclusive access to clothing items on its website for 24 hours. Drop #30 in this series will be coupled with an NFT.According to Prada, the asset’s design will be “decorated with Cassius Hirst’s signature mask and brain scan designs, both symbolizing unity and togetherness.”From June 2nd #PradaTimecapsule customers will have the chance to become the first owners of Prada NFT by purchasing a Timecapsule product which also sees #NFT gifted. #Prada also launches #PradaCrypted the brand’s new community server on Discord. https://t.co/0ZZMaeKL1B pic.twitter.com/WofZryJp2K— PRADA (@Prada) May 30, 2022Some members of the NFT community have criticized Prada’s NFT endeavors, suggesting that the Adidas for Prada re-source project has delivered relatively low utility value since its release. The asset is currently trading on OpenSea for 0.08 Ether (ETH) and has 2,700 owners.Eurovision winner Kalush Orchestra raises $900,000 for UkraineAfter the Ukrainian hip-hop group Kalush Orchestra won the hearts of the world in the 66th Eurovision Song Contest in Turin, Italy last month, the band decided to auction off their vibrant pink hat and glass microphone trophy awarded from the global ceremony to raise funds to help out amid the Ukrainian conflict. An NFT depiction of the microphone will be presented to the highest bidder, which turned out to be European cryptocurrency exchange WhiteBIT, with a highly generous entry of 50 ETH, equivalent to $900,000.We have no words, but we have 900 000$ for support of Ukraine! Auction is closed, crystal trophy of the Eurovision 2022 go to @whitebit. Congratulations! Kalush, it’s your second victory! All funds will be given to the Charitable Foundation of @serhiyprytula pic.twitter.com/6bLfdPsaMs— Meta History: Museum of War (@Meta_History_UA) May 29, 2022

All funds raised from both the fiat and NFT auctions will be donated to the Serhiy Prytula Foundation, led by Ukrainian TV presenter and actor Serhiy Prytula.“You guys are amazing. We appreciate each and every one of you who donated to this auction and a special thanks to the team WhiteBit who purchased the trophy for $900,000 and are now the rightful owners of our trophy,” said the band on Facebook.P2E adoption soaring across India and Hong KongIn a recent report released by market research firm Finder on the geographical proportion of NFT gamers, India and Hong Kong are respectively identified as the leading countries out of 26 surveyed for their interaction with play-to-earn games.Axie Infinity, The Sandbox, Decentraland and, more recently, Solana-based StepN have all permeated the cultural landscape in developing regions to provide gaming fanatics with a novel, arguably more interconnected, medium of play.Related: Web3 gaming in the third world: Axie facilitating billionsWith 28.7% of the survey’s total respondents disclosing their previous experience with NFT games, the Indian and Hong Kong representation surpassed the average, with 33.8% and 28.7%, respectively, while the United States came in at 9.4%.A little more nifty…Leading NFT fashion brand RTFKT Studios announced the winners of its metaverse pod challenge this week after narrowing down a top 10 list from thousands of submissions.The avant-garde landscapes and immersive architectural designs afforded viewers a glimpse into the future of metaverse worlds. Each winning loot pod will be made available on the creator marketplace toward the end of the year.POD CHALLENGE WINNERS We want to thank all of you for being part of this unique experience. The submissions blew our minds and made it really tough, so we picked 5 winners!Watch the jury video going through the winner’s selection⬇️ https://t.co/Y3eEos9JFe— RTFKT (@RTFKT) May 31, 2022

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Apple's upcoming developer conference sparks rumors of NFT trading cards

In the lead-up to the 33rd edition of the annual Worldwide Developers Conference (WDDC) set to commence on June 6, tech giant Apple has unveiled plans to showcase the developments of four new devices and software models: iOS 15, iPadOS 15, macOS Monterey and watchOS 8.Alongside this, fanatical forums such as MacRumours, which center their coverage around supporting and debating Apple’s progress, discovered that by clicking on the Memoji characters, an augmented reality mode is revealed with three trading card characters available to be claimed.Source: MacRumoursThe Memoji characters have become a consistent fixture in Apple’s consumer branding strategy over the past few years, as the company recognized the cultural affiliation for memes and mascot brand marketing.At WWDC, these cards are expected to be positioned as Web2 elements used solely for collectible purposes, with no intrinsic or tradable value.However, on account of their visual similarity to the avatars of RTFKT Studios’ CloneX and animated cards of Gary Vaynerchuk’s VeeFriends Series 2, the Easter egg feature has sparked some speculation within the nonfungible token (NFT) community about the potential of future Apple NFTs.During Apple’s Q1 2022 earnings call, CEO Tim Cook shared optimism for the societal adoption of augmented reality and metaverse technologies, outlining the company’s intentions to “invest accordingly” in the emerging sector.Apple’s mixed-reality headset, offering both virtual and augmented functionalities, was slated to be released during the WWDC conference, but after experiencing technical setbacks in development, that prospect seems unlikely.Related: 1inch launches mobile wallet on Apple iOSThe company recently applied for a trademark license for RealityOS, which is purportedly the operating software for the mixed-reality headset.

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BNB Chain releases year-long technical roadmap to develop ecosystem

BNB Chain has announced the launch of a technical roadmap designed with the intention to enhance the network’s decentralized structure, infrastructural capacity for sidechains, and potential for developer-built decentralized applications (dApps) to improve performance and efficiency. Announced at BNB Chain Revelation Summit, the document also revealed the latest iteration of the Most Valuable Builder incubation programme for aspiring Web3 software engineers. In February this year, Binance Chain and Binance Smart Chain were merged to form what is now referred to as BNB Chain, a multi-chain infrastructure layer supporting the new ecosystem, as well as BNB governance mechanisms.Related: Binance Smart Chain and Binance Chain become BNB ChainSome of the more notable developments of the roadmap include the introduction of mainnet BNB Application Sidechains with META Apes and Metaverse World; near-doubling the number of decentralized validators to 41 via the BEP-131 proposal; and successively enhancing the Block Gas Capacity of the BNB Smart Chain to 200 million in Q3 to improve efficiencies of cost and speed, among others..@cz_binance on the future of blockchain pic.twitter.com/AuBNSI555n— BNB Chain (@BNBCHAIN) May 31, 2022Executive director of the BNB Foundation, Uri Ferruccio, shared his assessment of how the roadmap’s implementation can support the growth of the BNB Chain ecosystem, stating:“These technological advancements are significant as they will bring substantial changes for both the developer community and end users […] The emphasis will be on innovation, sustainability, strengthening the governance mechanism of BNB Chain, and investing heavily in security.”

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