Značka: sandbox

Ukraine pro-crypto groups announce Web3 roadmap

A group of pro-crypto Ukrainian lawmakers, Blockchain4Ukraine, and the citizen group Virtual Assets of Ukraine (VAU) revealed a joint roadmap for promoting and developing Web3 in the country. The document was signed by its co-authors on Nov. 14, according to regional media. The roadmap proposes a set of measures for promoting Web3, such as the launch of a regulatory sandbox for blockchain and Web3 projects, the creation of a national blockchain-backed land and realty register, the preparation of a “blockchain plan” to rebuild the country after the war and integration of Ukraine into the European blockchain community. VAU and Blockchain4Ukraine also intend to work on a self-sovereign identity pilot project and to seek ways of implementing blockchain into Ukraine’s healthcare and education systems. The list of potential partners of the roadmap includes civil society, non-government organizations, as well as business and scientific communities. The group working on the roadmap will prepare a set of bills to promote its initiatives on the legal level. Related: Ukrainian art museum to preserve art and cultural heritage through NFT auctionIn June, Ukraine became the third country outside the European Union to join the European Blockchain Partnership, an initiative derived by the 27 member states to deliver cross-border public services. Back then, VAU CEO Konstantin Ermolenko revealed Ukraine’s interest in running test-node of the EBSI and pilot use cases of the cross-border public services based on blockchain technology. In March 2022,President Volodymyr Zelensky signed the first major Ukrainian cryptocurrency-related legislation known as the bill “On Virtual Assets.” The bill establishes the National Securities and Stock Market Commission of Ukraine and the National Bank of Ukraine as two major regulators on the crypto market. Since the beginning of the Russian invasion in February 2022, Ukraine has managed to gather over $100 million in cryptocurrency donations through its government-curated Crypto Fund of Ukraine.

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The Sandbox co-founder explains how the metaverse has evolved for brands: Web Summit 2022

The building of the metaverse is an ongoing process. Sebastien Borget, the co-founder of The Sandbox metaverse, even called the future of the metaverse evolving.Speaking to Cointelegraph’s Gareth Jenkinson at the Web Summit tech conference in Portugal on Nov. 3, Borget said that what we see today in the Sandbox is “the natural evolution of things” after almost a decade of work. The evolution of the metaverse, particularly the way brands engage with users, has accelerated at rapid speed. It’s this fast-paced development that has investors pouring billions of dollars into metaverse projects across the space. “We’re now seeing in the Sandbox with more than 200 studios around the world that are building on a daily basis.” Borget said in reference to the new tools being released for creatorsA photo dump from @WebSummit Toto Wolff, @KristinaLCorner, @IOHK_Charles, @borgetsebastien, @gazza_jenks : @JoseValBal pic.twitter.com/nfZ9qqSNAw— Cointelegraph (@Cointelegraph) November 3, 2022Many of these studios include iconic, mainstream brands that have found value in engaging with users on a digital plane. Household names such as Gucci, the Walking Dead series, Katy Perry, Snoop Dogg and more have joined in metaverse investment or participation. Borget said that often a big frustration of consumers that they can’t create alongside the big names they love. This is something that the metaverse allows as it progresses.“It is not just about the influence and the reach of the celebrity or the brand. It’s all about the content. The characters, stories, and locations that people are familiar with and want to interact with.”Aside from the value of top tier brands and big name celebrities popping up in digital words, Borget said something to highlight is the actual users. “Players themselves bring life by being present, by engaging in the land. That is also something that should be seen as valuable because they contribute to the growth of the network.”Any evolution of a digital platform cannot be made without active users engaging with the new tools and experiences. User needs and complaints shape what the future of a given online space will look like. The fireside chat started!And would you look at that, there are some landowners of @TheSandboxGame present in the crowd. pic.twitter.com/EhRDiiZtlm— Cointelegraph (@Cointelegraph) November 3, 2022

Borget says engagement with a platform is more than just liking, sharing or retweeting. Rather as the metaverse advances and users interact in digital spaces, the engagement is created together, user and brand side by side. “To me that’s real engagement. That’s something that many brands are looking at because they not only reach Gen Z, but they help define the future of themselves in 3D worlds.”Despite recent rumors surrounding low metaverse engagement, investors and even governments are bullish on building out the digital universe. Recently, a city in Japan decided to turn to metaverse schooling to help with issues of student absence in the area. In Norway, a local government agency dealing with taxes decided to open its first metaverse branch to cater to the tech-savviness of younger digital native generations.

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