(Source: Unstoppable Domains)
Unstoppable Domains is a platform allowing users to create a Web3 identity for themselves. This can be a name for a website or a simple way for people to find your Web3 address, allowing for easier payments and transfer methods, recognition, and identity searches. On the other hand, Ready Player Me is an interoperable avatar-based metaverse platform that is very well known in the metaverse community for its ability to create metaverse avatars and make their metaverses all connected to one another.
In a previous blog post, I theorized that something like ENS domain names would be something big in the metaverse, as well as that people in the metaverse would go by their domain names rather than a long ETH address. With this ability, it will be easy for people in the Web3 metaverse to view each other’s profiles, other people’s NFT collections, send and receive payments, and see each other’s soulbound achievements or certificates.
This is exactly what Unstoppable Domains and Ready Player Me teamed up to make a reality. The two parties have partnered to create interoperable identities for the metaverse, allowing users to create avatars, attach these avatars to the domain names in the form of profile pictures, and have them interoperable across all of Ready Player Me’s and Unstoppable’s apps, games, and metaverses.
These two parties took my theory one step further by attaching actual avatar profile pictures into domain names, and of course, adding something like a BAYC or an Azuki as a PFP NFT is cool and all, but with this new feature, users are able to upload a picture of themselves and have themselves turned into avatars to be used in the metaverse, and it is of very good quality as Ready Player Me has got creating metaverse avatars down. This in turn makes the metaverse a more realistic and more social place as we are bringing out more of our real selvesI have also tested out creating avatars on the Ready Player Me platform, and I can say for sure that these avatars are of high quality and can be fully customized, from skin tone to hair style to outfits, which allows people to truly express themselves in a digital setting.
Although the two parties have not said much on this, I do think that your actual avatar will be able to be used in more ways than just a profile picture and will be your real avatar in Ready Player Me, the PFP option just allows for better recognition when someone searches up your name in the friends or find search.
I love how the two parties are emphasizing interoperability in the metaverse and making these profile pictures and avatars interoperable across both of the two platforms rather than just in Ready Player Me’s games and applications. This means that all of Unstoppable Domain’s 650 partnering apps and over 6,000 of Ready Player Me’s apps will be connected with each other, allowing users to take their avatars, domain names, and avatars attached to their domain names across all of the games and apps throughout these two worlds, including platforms such as Somnium Space and Spatial.
Every day, the metaverse gets closer to becoming a reality, and I believe that this partnership is critical because avatars are a better way of recognition than just a domain name, and for the two companies to be developing interoperable avatar-attached domain names is a great way for the metaverse to become more seamless and social. It will actually resemble social media in the real world.
Continuing on the expansion of the BAYC ecosystem, Yuga Labs has just announced their new skill-based NFT minting experience that incorporates a new game. BayC and MayC cardholders will be able to claim a free Sewer Pass NFT, which will allow them to play their new “Dookey Dash” game. Individuals who want to partake in this new challenge will be able to purchase the Sewer Pass NFTs on the secondary market, such as OpenSea.
This gets very interesting with how the Sewer Pass will evolve. “Dookey Dash” will be available to play an unlimited amount of times from January 18 to February 8, where users will be able to play an obstacle running game that is similar to Subway Surfers or Temple Run, and your high score versus other players will translate into what your NFT pass converts into on February 15.
This is why BAYC is calling their new NFT minting experience “skill-based minting,” as players who have the best scores will have access to more rare NFTs, and these will most likely get expensive.
This is such a cool concept to think about, which brings up a lot of questions and concerns, however. I like the idea that this new gaming experience will create a very competitive environment for gamers as they are incentivized to be the best player with the highest scores. There will be a lot of fanatics who will be obsessed with playing this game to access the most rare NFTs as well. I do sense that there may be some people trying to exploit the system by trying to hack their games into getting higher scores as well, but if BAYC is able to implement their game design through the blockchain, then they should be able to mitigate and catch people who use hacks.
This might just be the most extreme form of “working for your NFT,” and I can definitely see there being a lot of debates about whether minting experiences should be based on skill rather than a lottery-based system or a “white list” experience. If this experiment becomes successful and gains a lot of attention, then I can see other projects trying to build out platforms to host skill-based minting experiences as well, where people who can be the best in a certain game will have access to more exclusive and rare NFTs.
(Source: Tribeca Film)
Earlier this week, we discussed the potential that NFTs have in films and in the way we offer film tickets with the news that Gala would be partnering with The Rock and Mark Wahlberg to produce two films that would integrate QR codes for NFT rewards. This has since been up in the air as Gala deleted their tweet that they would be doing this. However, that is not to say that the new trend is that NFTs are making their way into the film industry.
We have heard of music festivals and sporting events offering tickets in the form of NFTs for special rewards and the like. Now, we have New York’s Tribeca Film Festival offering tickets in the form of NFT VIP Passes in partnership with OKX.
These Lower Manhattan-themed NFTs will cost around $900, $899 to be exact, and will include exclusive access and invitations to events such as film screenings and special access to events with the festival’s co-founders. Although we do not know these exact events, Jane Rosenthal and Robert De Niro are some pretty big individuals in the film industry, which could mean that these NFT holders could gain access to some really exclusive events in the film industry and be able to meet even more famous celebrities and directors at these events.
As this new NFT integration comes from the partnership the Tribeca Film Festival had with OKX Exchange and their sponsorship of the festival, these NFTs will be available for purchase with a credit card or Ethereum on the Tribeca website and the OKX NFT marketplace. I like the idea that these can be bought with a credit card, allowing for film lovers to easily purchase these NFTs; however, we still need to see if there is actually demand across the film industry and among fans to be purchasing these NFTs.
The greatest incentive for film enthusiasts to go out of their way and purchase these NFTs are the exclusive benefits that these NFTs will provide, and this really does go for a lot of NFT options across all industries. People need to find something in these NFTs that compels them to purchase them. It’s an experiment as well. A lot of film enthusiasts will have no care in the world for anything NFT-related, while others may be more inclined to try it out.
(Source: Kucoin BTC/USDT)
We are seeing some life and hope back in the cryptocurrency markets this week as the crypto markets have finally made some significant gains in the previous week. A majority of the top 100 cryptocurrencies are up anywhere from 8% to 40% in the past week, with projects such as Lido, Aptos, Immutable X, and Avalanche leading the top 100’s gains.
According to the Bitcoin chart, we are currently trading at $18,130 after consolidating around $16,500 for the end of 2022.BTC has broken above its 50-day moving average (orange line) and has broken above its bollinger bands (blue) as it reaches its major resistance line around this current level on the daily chart.
Most of its indicators are in favor of a continued bullish push, and if BTC is able to push and close out a daily candle above our current resistance level around $18.2k, then we could see BTC continuing to push towards $19.4k, which is where our next major resistance level is on the daily chart. However, if BTC fails to break above this level, then I suspect that we drop back down to $16.5k to $17.1k and potentially continue a consolidation pattern.
For the longer-term investor, I would not be so confident to say that 2023 will necessarily be the year of another bull run unless we can effectively cross above our 200-day moving average (purple). Historically, whenever BTC has actually crossed above or below our 200-day moving average, we have seen significant gains or drops in price by a large percentage. This will be a very helpful indicator to be used this year to indicate a flip in market sentiment.
February 2, 2023 Crypto Roundup (Disclaimer: None of the observations or tips in this article constitutes financial, legal, tax, and/or any forms of advice.) Immutable
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14.6. These Terms and any action related thereto shall be governed by and shall be construed in accordance with the Laws of the British Virgin Islands. All claims and disputes arising under or relating to this Agreement are to be settled exclusively by the competent courts in the British Virgin Islands. For the avoidance of doubt, and without limiting the generality of the foregoing, this provision expressly applies to any claim, whether in tort, contract or otherwise, against Hector Network. You irrevocably and unconditionally agree and consent to the jurisdiction and venue of the courts of the British Virgin Islands, and you waive any objections thereto, including under the doctrine of forum non conveniens or other similar doctrines. You and Hector Network agree that any Party hereto may bring claims against the others only on an individual basis and not as a plaintiff or class member in any purported class or representative action or proceeding. Any relief awarded to any one user of the Services cannot and may not affect any other users of the Services.
14.7. Any waiver of any provision of the Terms on one occasion will not be deemed a waiver of any other provision or of such provision on any other occasion. Any delay or failure in exercising any right shall not constitute a waiver unless such waiver is confirmed in writing.
14.8. If any part of any section of these Terms is held invalid or unenforceable, that part will be construed in a manner to reflect, as nearly as possible, its original meaning while remaining valid and enforceable or if not possible shall be deemed deleted and the remaining part of the section and/or of these Terms will remain in full force and effect.
14.9. These Terms are the final, complete and exclusive agreement between you and Hector Network with respect to the subject matter hereof and supersedes and merges all prior discussions, agreements or representations between you and Hector Network with respect to such subject matter.
Welcome to the Hector Network platform (“we”, “us” or “Hector Network”). Hector Network is developing an ecosystem which consists of various innovative developments and applications (“Services”). The Hector Network platform is accessible on www.hector.network and any other sites or subdomains of Hector Network (“Site”).
To provide our Services we may collect some of your data some of which may under certain circumstances be considered personal information. We at Hector Network are committed to fully protecting your privacy and being a responsible and transparent custodian of the information we collect.
Therefore, please find all the necessary information on how we may collect and process your personal data gathered in connection with your use of our Site and our Services in this Privacy Notice.
Notice: Please, read this Privacy Notice carefully and in addition to the Terms and Conditions to understand our practices regarding the information that may be considered personal. If you do not wish for your personal information to be used in the manner described herein, you should not access our Site and all subdomains thereof, utilise our Services, participate in the offering of our tokens or otherwise provide Hector Network with your information which may be considered personal.
Please ensure that any relevant individuals are made aware of this Privacy Notice prior to providing their information to us or us obtaining their information from another source. In such a case, you or they must first ensure that you or they have the authority and appropriate legal basis to do so.
We do not knowingly collect or ask for data, including personal information, from people under the age of 18. If you are such a person, please do not use our Service or send us your data. Otherwise be informed that we erase such data the moment we learn it is collected from a person under the age of 18.
The administrator of our Site, provider of the Services and thus controller of your personal information processed in connection for purposes described hereinbelow is Hector Enterprise Inc.
Registered office: Trinity Chambers, PO Box 4301, Road Town, Tortola, British Virgin Islands
We will usually respond to all legitimate enquiries within 30 days. Occasionally it may take us longer if your request is particularly complex or you have made numerous requests. We will notify you and keep you updated.
‘Personal information’ is any information that, either alone or in combination with other data, enables an individual to be directly or indirectly identified (for example, name, email address, contact details, or any unique identifier such as an internet protocol address (‘IP address’), device ID or other online identifier).
We may collect the following basic personal information from you:
You can choose how Cookies are handled by your device through your browser or through our cookie banner, including refusing or deleting all Cookies. If you choose to receive no Cookies at any time, websites may not function properly and certain services may not be provided. Each browser and device is different, so check the settings menu of the browser or device you are using to learn how to change your advertising settings and Cookie preferences.
We may receive information about you from other sources, including third parties that can lawfully share the information with us and help us update, expand, and analyse our records, prevent or detect fraud or other suspicious activities and process payments. In addition, our Site may also include integrated content or links to content provided by third parties (such as live chat, social media content, plug-ins and applications).
Please be informed that we do not process special categories of personal data (such biometric data, data concerning health, racial or ethnic origin, political opinions, etc.).
We do not use either automated decision-making or profiling in terms of your personal information you provide to us.
We may use the information gathered primarily for the following purposes:
We may also use the information we collect:
We retain the information we collect for no longer than is reasonably necessary to fulfil the above purposes and to comply with our legal obligations.
Your personal information as described above is processed by us on a basis of the following legal grounds:
Taking steps prior to entering into a contract and necessity for performance of a contract with you – We may need to collect and use your personal information in order to enter into a contract with you or to perform a contract that you have with us, for example, when you provide personal information to us in order to purchase our tokens, if necessary for such purchase.
In such a case, the provision of your data is necessary in order to enter into a contract and also a contractual requirement as without such data we are not able to enter into a contract with you.
Compliance with legal obligations – We may process your personal information as may be required by respective legal or regulatory obligations that may apply to us.
In this case, the provision of your data is a statutory requirement without which we are not able to comply with our legal obligations.
Our legitimate interests – We may use your personal information for our legitimate interests to improve our Services, thus maintain and develop our business activities as well as to protect and enforce our or third party’s rights, if necessary.
Please be informed that you have the right at any time to object to the processing of your personal information which is based on our or third party’s legitimate interest.
Your consent – We send to you direct marketing e-mails upon your previous consent. Each such e-mail also contains a link that allows you to opt-out from receiving such e-mails, update your contact information or change your preferences at any time.
To withdraw any consent to processing your personal information, please use our electronic form or by clicking on a link provided in every e-mail sent to you to unsubscribe from such marketing electronic communication.
We may disclose information:
Important note: We do not sell, rent, or otherwise share personal information that reasonably identifies you or your organisation with unaffiliated entities for their independent use except as expressly described in this Privacy Notice or with your prior separate consent. We may share information that does not reasonably identify you or your organisation as permitted by applicable law.
When you voluntarily make your personal information available online in our environment shared by third parties (for example, on messaging applications, social media, message boards, web logs, or emails), that personal information may be viewed, saved, collected, heard, used and/or shared by third parties outside of Hector Network. We are not responsible for any unauthorised third party using such information. Please be mindful whenever you share any information in such environments.
Our Site may include integrated content or links to third parties’ content (for example, social media content, plug-ins and applications, video materials, etc.) which are governed by the third parties’ privacy settings and policies, which may differ from this Privacy Notice. This Privacy Notice does not address, and we are not responsible for or able to control, the privacy, security, or other practices of such third parties.
We deploy organisational, technical and physical safeguards designed to protect the information that we collect. This includes, when required or appropriate and feasible, obtaining written assurances from third parties that may access your personal information that they will protect the information with safeguards designed to provide a level of protection equivalent to that adopted by Hector Network.
We may store the information we collect on our servers both cloud-based or in servers located in countries where we or our service providers have facilities. Therefore, we may transfer information to countries outside of your country of residence which may include countries outside the EU member states.
Please note that if you are the EU citizen and provide us with your personal information, it may then be transferred for the purposes stated herein to third countries outside the EU/EEA under conditions set in this Privacy Notice and you consent to this by using our Site or Services.
You have the right to withdraw your consent at any time, without affecting the lawfulness of processing based on consent before its withdrawal. Therefore, the marketing e-mails we send to you include the opt-out link for you to unsubscribe from receiving such communication (as well as update your contact information). We will honour your choice and without delay refrain from sending you such e-mails.
Under local law, you may have certain rights regarding processing of your personal information, in particular, you have the right to request: (i) access to your personal information, (ii) rectification or erasure of your personal information, (iii) restriction of processing concerning you, (iv) objection to processing that is based upon our legitimate interests (as already stated above), and (v) data portability to other service providers.
We are committed to working with you to obtain a fair resolution of any complaint or concern about your privacy. If, however, you believe that we have not been able to assist with your complaint or concern, you may have the right to lodge a complaint with a respective supervisory data protection authority, as applicable, in your jurisdiction.
If you would like to contact us, please use the methods stated above.
Your ability to exercise these rights will depend on a number of factors and, in some instances, we will not be able to comply with your request, for example because we have legitimate grounds for not doing so or where the right doesn’t apply to the particular information we hold on you. Where so entitled to access to your personal information, you will not have to pay a fee unless your request is clearly unfounded, repetitive or excessive (upon which we may charge a reasonable fee or refuse to comply with your request). If you would like to discuss or exercise the rights you may have, you can contact us through the methods stated above.
Please keep us informed if your personal information changes whilst we continue to retain such information. We encourage you to contact us to update or correct your information if it changes or if you believe that any information that we have collected about you is inaccurate or out of date.
We may update this Privacy Notice from time to time and we encourage you to periodically review this Privacy Notice. If we make any material changes to this Privacy Notice regarding the way we collect, use, and/or share the personal information that you have provided, we will notify you by posting notice of the changes on the Site or, if we hold your email address, by email.
The use of certain of our Services may also be governed by other applicable terms and policies regarding privacy and the sharing of personal information, which supplement, and should be reviewed alongside, this Privacy Notice.
Unless otherwise defined in this Privacy Notice, terms used have the same meaning as in the Terms and Conditions.
Effective Date: 10 May 2022
This disclaimer (the “Disclaimer”) explains the terms and conditions governing your access to the https://hector.network/ website (the “Site”) and/or our services as described on the Site (the “Services”; unless the context provides otherwise, the Services shall be deemed to include the Site). This Disclaimer, together with the Terms and Conditions (the “Terms”), forms a binding legal agreement between you and Hector Enterprise Inc., with its registered office at Trinity Chambers, PO Box 4301, Road Town, Tortola, British Virgin Islands (“Hector Network” or “we” or “our” and its derivatives).
You must read this Disclaimer carefully. By accessing the Site and/or using the Services, you signify that you have read, understand and agree to be bound by this Disclaimer in its entirety and understand the risks related to the Services and crypto-assets in general. You agree to comply with this Disclaimer even if our methods to prevent the use of the Services are not effective or can be bypassed. If you do not agree with anything in this Disclaimer, you may not use the Services. We may implement controls to restrict access to the Services from any jurisdiction or persons prohibited pursuant to this Disclaimer.
You agree to indemnify and hold Hector Network harmless from any losses, costs, liabilities and expenses (including legal fees) relating to or arising out of: (a) your use of, or inability to use, the Services; (b) your violation of this Disclaimer or the Terms; (c) your violation of any rights of another party, including but not limited to any other users of the Services; or (d) your violation of any applicable laws.
Hector Network may, at its own discretion, assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you shall fully cooperate with Hector Network in asserting any available defenses. This provision does not require you to indemnify Hector Network for any fraud, gross negligence, or willful misconduct of Hector Network.
You confirm that you fully understand that (i) our crypto products and related services are unregulated and can be highly risky; (ii) there may be no regulatory recourse for any loss from crypto-related transactions; (iii) investment in crypto-assets or similar products carries a high risk, may not be suitable for retail investors and the entire amount invested may be lost.
Hector Network is not a bank, securities firm, financial institution, financial services provider or provider of similar services and does not provide investment, tax or financial advice, financial services or consulting services to users of the Services. We are solely the provider of the Services. Your logged digital assets are not covered by insurance against losses or subject to any deposit insurance schemes or protections.
You understand that you are solely responsible for any tax reporting and payment, levies or similar duties applying to you in relation to your use of the Services (including but not limited to your purchase and/or sale of any digital assets) and you agree to hold us harmless and indemnify us for any tax-related obligations applicable to you in relation to your use of the Services.
You may not use the Services if you are located in, or are a citizen or resident of any state, country, territory or other jurisdiction where your use of the Services would be illegal or where your use of the Services would amount to any violation of any applicable law either by you or by Hector Network, which is your obligation to check before using the Services, including but not limited to:
any jurisdiction for which the Services, or any offer or solicitation in respect of the Services, would require registration or licensing or otherwise would be unlawful.
The Services are also not available to any person who is the subject of economic or financial sanctions or trade embargoes administered or enforced from time to time by (a) the U.S. government, including those administered by the Office of Foreign Assets Control (OFAC) or the U.S. Department of State or (b) the United Nations Security Council, the European Union or Her Majesty’s Treasury of the United Kingdom; or (c) any other relevant sanctions authority (“Sanctions”) or is organized or resident in a country or territory that is the subject of country-wide or territory-wide Sanctions.
The information on this page and all other pages owned, operated by, or related to Hector are for educational purposes only and do not constitute any sort of advice. Cryptocurrencies, NFTs and other blockchain offerings are unregulated assets and users should do extensive research into how they work, the potential risks and the tax liability of owning them in their native regions. Users should carefully read all the documents above before accepting.