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Web3 Diaries – AI Fake Image Triggers Selloff

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Web3 Diaries – AI Fake Image Triggers Selloff

This Monday marked a new high—or arguably low—in demonstrating the power of artificial intelligence (AI). A picture depicting a fabricated explosion at the Pentagon, quickly flagged as being AI generated, spread like wildfire across social media. It also appears to have spurred a momentary sell-off in the U.S. stock market.

The alarming image, portraying smoke billowing from the iconic building, was disseminated by numerous accounts, including a Russian state-owned media channel.

Interestingly, reports of the false Pentagon explosion also made its way onto non- official Twitter accounts with blue verification checkmarks, further amplifying the confusion and the impact of the falsehood—highlighting both the importance of rigorous source verification as well as the unsurprising result of Elon Musk’s new criteria for account verification.

Immutable, MetaStudio Join Hands to Enhance Gaming Metaverse

MetaStudio, a Portuguese game studio, has partnered with Immutable, a leading Ethereum Layer 2 scaling solution provider aimed at transforming the gaming metaverse.

MetaStudio has been recognized for its innovative games and games-as-a-service offerings, along with its unique non-fungible token (NFT), Rune Realms, which offers holders a chance to partake in a 10% revenue share in the studio’s earnings.

By integrating with Immutable’s Layer 2 blockchain infrastructure, MetaStudio can provide players with a dynamic gaming experience and unique benefits such as zero gas fees for peer-to-peer trading and secure ownership of in-game assets.

EDCON 2023 Unveils Open Loyalty Solution from Smart Token Labs

The EDCON 2023 organizing team has partnered with Smart Token Labs to deliver Permissionless Perks, an Open Loyalty solution that enables event attendees to independently verify ticket ownership to 3rd party perk providers.

Attendees at EDCON 2023 in Montenegro from May 19th – 23rd, can claim over 30 exclusive perks available only to them.

CEO of Smart Token Labs, Victor Zhang, said Permissionless Perks is one of the few commercial examples of Open Loyalty: “It’s a permissionless Open Loyalty solution where the verification occurs between the ticket holder and the perk provider without involving the event organizer. A URL delivered to attendees is an attestation that attests ticket ownership and is then stored in the browser’s local storage to enable the seamless claim of perks on the providers’ websites.”

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