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The emergence of ChatGPT has not only shown the potential of artificial intelligence, but also raised concerns about further empowering large corporations with increased control. As technology advances, artificial intelligence (AI) has become more than a buzzword used by high-level executives. Today, technology is becoming a part of the world’s everyday interactions, with several real-world use cases emerging. According to an article from MIT Sloan School of Management, some of these prominent use cases include investing in skills and training to transform job quality, rapidly developing content such as with tools like ChatGPT and, in the financial sector, rebalancing taxes. In the blockchain space, another use case was made apparent from early and mid-stage blockchain projects that have begun to use AI and tokenomics to create more liquidity for project tokens. Yet while the applications of AI are many, there is still a great fear that governments and corporations will control AI. Cu...

The study also showed that decentralized organizations work best when they’re built around a tight-knit group of focused participants. A pair of researchers from the University of Texas at Austin and Princeton University conducted a study to determine how tokenization affects decentralization in decentralized autonomous organizations (DAOs). Their findings indicate that many of the challenges to autonomy are related to the reasons individual users have for participating.  According to their research, the larger a DAO grows, the more incentive participants have to consider DAO tokens investments: “The presence of investors diverts the subsidy away from users and thus harms their participation. More importantly, investors may even take a majority stake to seize control of the platform.” In a typical token-based DAO scheme, rather than having a CEO or leader implement decisions, individual participants are issued distributed authority through tokens. This prevents the people who maintai...

Blockchains Solana and Tezos were also among the 13 “vetted” crypto platforms added to Unity’s Asset Store. Video game development platform Unity has added a slew of crypto platforms to its asset store aimed at assisting developers interested in Web3 technology to streamline decentralization efforts. Unity said on Feb. 28 it had released a new “Decentralization” category page in its asset store with “vetted” crypto platforms to support developers interested in merging decentralization into their projects. Crypto wallet provider MetaMask was one of the 13 platforms featured on the store, with its Software Development Kit (SDK) added to help developers enable users to connect their MetaMask wallet to "any game developed on Unity.” It has come The launch of the MetaMask SDK in the Unity Asset Store will allow devs to connect their games to the wallet, enabling users to interact with web3-enabled Features within the game itself. Get ready for a whole new level of gameplay! https:/...

Macroeconomic conditions continue to be wobbly. Despite that, developers have been tirelessly working. As a result, network upgrades have been consistently taking place within the ecosystem. On Feb. 23, Coinbase announced the testnet launch of an Ethereum layer 2 network, Base. The solution offers a secure, low-cost, developer-friendly way for users to build dApps. Notably, Base is built on the MIT-licensed OP Stack in association with Optimism. Coinbase intends to make “on-chain” the next “online” and get over a billion users into the ecosystem. To achieve the objective, Base will serve as both a “home” for Coinbase’s on-chain products and an “open ecosystem” for users to build. Also Read: JPMorgan Raises Coinbase Price Target to $57 Base to be incubated “inside” Coinbase Will Robinson, VP of Engineering, revealed that Base will be incubated “inside of Coinbase.” However, the team remains committed to ...