News | Anorak

69% users bet metaverse entertainment will reshape social lifestyle

January 24, 2023 (updated January 23, 2023)

A survey conducted by CoinWire in December 2022 revealed that a majority of investors in the crypto space believe the metaverse will have a significant impact on various aspects of social life.

69% of respondents believe the metaverse will reshape entertainment, 65% believe it will change social activities, and 61.2%, 49.6%, and 45% respectively believe it will affect finances, business and education. The survey also highlighted that Microsoft has secured the most metaverse-related patents, with 158, surpassing other big tech companies such as Meta, Tencent, and Epic Games.

Furthermore, it was noted that 53% of metaverse investors own some form of cryptocurrency. The survey also revealed that the United States leads in metaverse innovation, while China and India have the highest positive sentiment towards daily metaverse use at 78% and 75% respectively.

However, despite the potential for the metaverse, the survey found that 52% of respondents were uncertain about what Web3 entails, and over 60% called for more regulations in the industry.

Floor acquires WGMI.io

January 24, 2023 (updated January 24, 2023)

Floor acquires WGMI.io in an effort to make non-fungible tokens (NFTs) more understandable and accessible to the public.

WGMI.io, a leading provider of NFT analytics, has helped early adopters of NFTs understand the value and potential of these unique digital assets through powerful comparison and valuation tools. The WGMI API also powers NFT experiences embedded in various web3 products, aligning with Floor’s vision for a more collaborative industry.

With this acquisition, Floor will integrate WGMI’s deep analytics features into its platform, enhancing the portfolio experience for users and expanding the reach of WGMI to Floor’s 10,000+ active users. This shared platform will also power new app features such as trait-floor pricing, and extend content from Floor’s content platform to WGMI.

The WGMI team and community will be joining Floor on this mission to make NFTs more accessible to the public, bringing their years of experience in web3 analytics to the table. We are excited to see the impact this acquisition will have on the NFT industry.

y00ts granted $3 million by Polygon to leave Solana

January 23, 2023 (updated January 23, 2023)

DeLabs, a startup focused on transferring y00ts to Polygon, has announced that it has received a $3 million grant from Polygon. The grant will be used to expand the DeLabs team across various departments, including graphic design, event coordination, business development, and content creation. Additionally, the funds will be used to launch high-quality projects and pursue collaborations and deals with established businesses.

y00ts, a spinoff PNP NFT collection from DeLabs, gained success on Solana with its DeGods PFP collection. According to the founder of y00ts, Frank, the grant is in the form of a “non-equity grant,” which means that Polygon does not have a stake in DeLabs in exchange. The funds will help DeLabs, which has been understaffed, to have more runway to expand their projects.

Here is a screenshot of our latest @y00tsNFT Discord announcement. pic.twitter.com/qWxjBsexv6
— Frank III (@frankdegods) January 6, 2023

A spokesperson from Polygon stated that they support the determination of Frank and the y00ts team and are excited about the projects that will be established on Polygon through their launchpad.

y00ts will officially bridge to @0xPolygon in Q1 2023. pic.twitter.com/Mnz25dJko1
— y00ts (@y00tsNFT) December 25, 2022

DeLabs’s move to Polygon comes a month after the collision of FTX. Sam Bankman-Fried, former CEO of FTX, was a key investor in Solana as well as many other projects on the network, including Serum, a now-defunct decentralized exchange.

Frank has teased that in the future, y00ts will play a major role in big-brand collaborations on Polygon, similar to deals that Polygon has entered into with popular brands like Disney, Starbucks, and Coca-Cola.

Three invaluable tools to help grow your community

January 17, 2023 (updated January 23, 2023)

The world of web3 is rapidly growing and becoming increasingly popular, with artists, musicians, and other creators using the technology to monetize their work. Building a strong community is essential for success if you’re launching or running a web3 project. However, growing a community can be a daunting task. To make it easier, we’ve compiled a list of three tools that can help you grow your community.

ZooTools Panda

ZooTools Panda helps you collect leads and build your audience organically. They provide three main use cases to help you acquire and engage users. Each use case allows you to create a unique form and add the fields you want to collect data from your users. You can also add different types of fields to your forms to capture additional information.

y00ts used a similar approach for their scholarship program, which was wildly successful.

1. Pre-launch waitlists

Creating a pre-launch waitlist allows you to reward your most loyal users when completing actions like sharing their email, joining a Discord server, connecting a wallet address, and referring their friends.

2. NFT allowlists

NFT allowlists are simpler forms that allow you to collect wallet addresses easily.

3. Newsletters

Newletter signup forms are the most basic and allow you to collect a name and email.

Learn more: https://anorak.gg/prodct/zootools-panda/

ShareMint

If your project has already launched, then ShareMint will help you reward your most loyal supporters for each member they refer. They provide everything you need to run your referral or affiliate program with one-click payouts, on-chain analytics, and transparent reporting.

Learn more: https://anorak.gg/prodct/sharemint/

Frens

Once you’ve managed to gain a significant amount of users, then you need a way to manage them. This is where frens shines. frens is a web3-native CRM + member acquisition + collaboration + engagement and so much more. It will allow you to build a more engaged community and gain insight into your most valuable members.

Learn more: https://anorak.gg/prodct/frens/

Blockchain Technology: The Good and The Bad

December 5, 2022 (updated December 3, 2022)

Blockchain technology can revolutionize many aspects of our lives, from finance and supply chain management to data privacy and social networks. However, like any technology, it has its strengths and weaknesses, and it is essential to understand both the good and the bad.

Strengths

One of the key strengths of blockchain technology is its ability to create decentralized and transparent networks. By using cryptographic techniques and distributed ledger technology, blockchain allows for the creation of networks where users have true ownership and control over their data and assets. This eliminates the need for central servers and intermediaries, and allows for the creation of truly decentralized and open networks.

Another strength of blockchain technology is its ability to enable new types of applications and experiences. Decentralized applications (DApps) are applications that run on decentralized networks, and that are open, transparent, and censorship-resistant. They allow for the creation of new types of online services and experiences, that are more user-centric and decentralized.

Weaknesses

One of the main weaknesses of blockchain technology is its complexity and difficulty of use. The technology is still in its early stages, and it requires a high level of technical expertise to understand and use. This makes it difficult for non-technical users to access and benefit from blockchain networks, and limits its adoption and impact.

Another weakness of blockchain technology is its scalability and performance. Decentralized networks are typically slower and less efficient than centralized ones, due to the need for consensus and security. This makes it difficult for blockchain networks to handle large amounts of data and transactions, and limits their potential use cases.

Overall, blockchain technology is a powerful and exciting technology, with the potential to create new and innovative online networks and experiences. However, it also has its challenges and limitations, and it is important to understand and address them in order to unlock its full potential.