- Many new crypto tasks and occasions have been initiated within the crypto market up to now week.
- Solana’s web3 smartphone challenge and NFT.NYC annual occasion are a couple of of the happenings within the crypto house.
- One other recent challenge is Soulbound Tokens (SBT) from the Ethereum group.
Regardless of the crypto market waving a crimson flag, there are few tasks launched available in the market, making optimistic information, up to now week.
One of the notable happenings within the crypto business is Solana’s announcement of a web3 smartphone. On June 23, Solana Cell, a subsidiary of Solana Labs, launched Saga.
Saga is a flagship Android cell phone with distinctive performance and options built-in with the Solana blockchain which makes it straightforward and safe to transact in web3 and handle digital property. The crypto smartphone features a 6.67” OLED show with 12 GB RAM and 512 GB storage.
In the meantime, NFT.NYC, the annual NFT business occasion happened between June 20-23 2022 The occasion was additionally a sizzling matter within the crypto house. This convention is the most important NFT convention on this planet. In accordance with those that attended the convention, the temper was fairly optimistic regardless of the latest bear market.
One of the notable bulletins from the convention was made by the blue-chip NFT challenge Doodles, which lately launched a sequel referred to as Dooplicator. Additionally, the NFT challenge introduced that Pharrell Williams is now its Chief Model Officer.
One other challenge that hit the headlines was Soulbound Tokens (SBT). SBTs are non-transferable identification and fame tokens. In essence, they permit people to confirm all their info – their training, work historical past, credit score rating, medical historical past, skilled certifications, and so forth, through the use of blockchain expertise.
The particular person behind the challenge is none apart from Vitalik Buterin, the founding father of Ethereum (ETH). SBTs are the reply to his questions on learn how to create a decentralized society (DeSoc) and learn how to make this imaginative and prescient a actuality.
Disclaimer: The views and opinions expressed on this article are solely the writer’s and don’t essentially replicate the views of CQ. No info on this article ought to be interpreted as funding recommendation. CQ encourages all customers to do their very own analysis earlier than investing in cryptocurrencies