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SMW Vol.1 | A View On Web3 Ecosystem

2023-04-03

Attention all Web3, Blockchain, Metaverse, AI, and NFTs enthusiasts!

Introducing [SMW magazine], where you can get the latest global trend news related to Web3, Blockchain, Metaverse, AI, and NFTs faster than anyone else, along with event updates.

In this edition, we have published [SMW Vol.1 | A View On Web3 Ecosystem], which covers hot topics such as AI chatbots, Twitter, Gucci, and Disney.
Join us on a journey into the world of Web3!

- Ep.1?Chatbot Start-Up Character AI Valued at $1 Billion in New Funding Round
- Ep.2 Twitter to add Verification Requirement for “For You” Recommendations to fight Bots
- Ep.3 Gucci Partners with BAYC Creators Yuga Labs
- Ep.4 Disney Reportedly Shuts Down its Metaverse Division to Cut Operating Expenses

Ep.1 Chatbot Start-Up Character AI Valued at $1 Billion in New Funding Round

Established by former Google staff, Silicon Valley-based CharacterAI is one of the rare startups that have the potential to rival OpenAI, the ChatGPT developer. Character.AI, the creator of chatbots for online use, has announced that it has successfully raised $150 million in a recent funding round, bringing its valuation to an impressive $1 billion. The company is considered one of the few small startups whose technology could possibly compete with the systems developed by OpenAI, the creator of?ChatGPT. readmore

Ep.2 Twitter to add Verification Requirement for “For You” Recommendations to fight Bots

Elon Musk Announces Verification Requirement for “For You” Recommendations on Twitter to fight Bots. In his recent tweet, Elon Musk, CEO of Tesla and SpaceX, announced a significant change to Twitter’s “For You” recommendations feature, stating that only verified accounts will be eligible for inclusion starting April 15th. This move is aimed at addressing the growing issue of advanced AI bot swarms taking over the platform and manipulating content visibility. readmore

Ep.3 Gucci Partners with BAYC Creators Yuga Labs

Italian luxury fashion brand Gucci partners with Yuga Labs, the studio behind the blue-chip NFT collection Bored Ape Yacht Club. The collaboration aims to explore “the intersection of fashion and entertainment in the metaverse.” According to the announcement, Gucci will play an active role in the Otherside metaverse, Yuga Labs’ virtual gaming platform. In addition, the luxury brand will participate in the development of the ongoing narrative of 10KTF, a non-fungible token collection featuring one-of-one NFTs and corresponding accessories.? readmore

Ep.4 Disney Reportedly Shuts Down its Metaverse Division to Cut Operating Expenses

Entertainment giant Walt Disney Co.?reportedly?shuts down its metaverse division.?The division, aimed at the development of metaverse strategies, was called the “Next Generation Storytelling Creative Experiences at Disney.” Mike White, the former executive of the Media and Entertainment Distribution group, is the senior vice president of the innovative department. The decision follows Disney’s plans to lay off 7,000 people in the next two months. The company aims to cut operating expenses by $5.5 billion, and closing the metaverse division is one of the cost-cutting opportunities. More than 50 members of the department will have to find new jobs.? readmore

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SMW Vol.2 | AI Tech: Limits & Possibilities

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