Calling them the metaverse for creators, Createra is a metaverse platform that allows creators to build out full-fledged metaverse games with Web3 features, incorporating cross-play, interoperability, NFTs, land, economies, and monetization.
Createra’s mission is aimed towards both builders and the younger Gen Z user base as the project has already amassed 15 million users that are in the Gen Z demographic. Createra is building out a simple workspace for the younger audience to build, use, and share metaverse games and worlds, being like a simple Microsoft or Google workspace for those that wish to build out games.
Just today Createra announced their Series A fundraising round, raising a total of $10 million which was led by Andreessen Horowitz. With this new fundraising amount, Createra and their team will continue to develop their platform with a focus on allowing users to build collaborative worlds and games to be used in the metaverse.
Looking over Createra’s building tools, I really like Createra’s mission as a sandbox to build and create metaverse games. Trying to make my own avatars, Createra literally lets you build an avatar from scratch using a bunch of blocks (which later make your avatar look like a 3D pixelated avatar) and being able to combine these blocks to make a 3D model out of an avatar.
And this is such an important part of Createra’s toolset that I feel like they did right by making their inventory and ability to customize worlds, games, and objects literally drag and drop with simple to advanced editing tools just like a photo editing software would have or a movie editor app would have.
I can see why they built their platform like this as well. As they have mentioned that they aim their platform towards the younger audience, the younger audience either grew up playing games such as Minecraft or The Sims, or they have learned ways to build or edit from K–12 schools. All of this makes the building experience and interface very similar for Gen Z to come onto the Createra platform and be able to build with a small learning curve, even for people with no building experience.
$10 million for a fundraising round is pretty significant, and with Andreessen Horowitz backing the project, there is definitely a reason to keep an eye out for this metaverse-building platform. We would have to put this project in the same category as The Sandbox or Decentraland.
MetaMask has just released a new feature with ConsenSys that will allow users to stake their Ethereum directly from their MetaMask wallets in collaboration with the two leading Ethereum liquid-staking protocols, Lido and Rocket Pool.
This is a part of Metamask’s initiative to release decentralized applications and DeFi features for their Portfolio Dapp, which already provides the ability for users of Metamask to swap and bridge within their wallet and to be able to see a full aggregated view of their Web3 portfolio across all of their chains.
By simply going into the portfolio site on your MetaMask wallet, you will be taken to the portfolio Dapp, where you will see your portfolio, swaps, bids, stakes, watchlist, and settings. In their new staking section, the yields for Lido-staked ETH are 5.71%, and the yield for Rocket Pool-staked ETH is currently 4.27%, with MetaMask showing your current balance and your lifetime rewards earned through these liquid staking protocols.
Liquid-staking your Ethereum really is nothing new, and MetaMask is not offering its own liquid-staking solution either. However, with the increased attention and growth for liquid-staking protocols such as Lido, which is now the biggest DeFi protocol by TVL, it is a smart move for MetaMask to incorporate the ability for their users to stake their ETH conveniently from the MetaMask platform.
Sure, people can simply go to the direct Lido or Rocket Pool platforms to liquid-stake their ETH; however, it is good that MetaMask is aiming to become a one-stop-shop for DeFi, portfolio, and wallet needs as users can have their ETH earning yields directly from MetaMask.
I don’t think this will create a crazy amount of growth for the Lido or Rocket Pool protocols as of right now; however, in the next few months to years, with new users coming into the crypto space and getting their first self-custodial web3 wallets, more and more users will know about liquid-staking and the two protocols through the MetaMask portfolio site. Maybe even those who chose to only hodl their ETH will now choose to put it to work through liquid staking because MetaMask makes this integration as simple as a few clicks and confirmations away.
Frontier is a self-custodial Web3 wallet and extension that allows users to store crypto assets in their Frontier wallet while also being able to use various decentralized applications within the software.
Just today, the Frontier team and app announced that their wallet extension went live and is now available to be installed from the Chrome Web Store. As we have another Web3 wallet extension, this would mean that Frontier is competing with the notorious MetaMask to bring self-custody to the crypto space.
Looking into Frontier’s new Web3 extension, the wallet seems to have quite a few interesting features that actually give it an advantage over MetaMask.
MetaMask can only support a few RPC networks, and those supported networks must be compatible with Ethereum virtual machines. On the other hand, Frontier is building their platform to allow for non-EVM chains to be supported in the Web3 wallet extension as well, including the two recently launched blockchains, Aptos and Sui, as well as 35 other blockchains.
This is the main reason that I wanted to cover Frontier as a MetaMask alternative. One of the biggest problems that DeFi faces is that its ecosystem is way too fragmented f th that Dapps, projects, NFTs, protocols, etc. are everywhere and on different chains. Sure, this is great for diversity and for competition to thrive; however, for the average person, this will only make them view the crypto space as quite literally an endless space. The average user does not want to have to download Phantom for Solana-based tokens, Kepler for the Interchain, Onto for Ontology-based tokens, Polkadot wallet for Polkadot-based projects, and so on. This is totally fine for a DeFi enthusiast and native; however, simplicity is the way to go for mass adoption. By having all of your networks available on one Web3 wallet, it will save massive amounts of headache for newcomers. This is also great for a DeFi enthusiast like myself. I don’t want to have to use a whole bunch of different networks. I wish that a self-custodial wallet extension like MetaMask could support other chains as well, other than EVM-chains. We are now in 2023. Wallets, projects, and Dapps should be multi-chain.
Additionally, Frontier already has all of the same capabilities that MetaMask has when it comes to being able to stake, bridge, and swap. Frontier even provides a fraud and phishing prevention security feature, but I would need to download completely separate software to be used in conjunction with MetaMask.
I would love to see the Frontier wallet gain a lot of traction to spur competition with MetaMask. This competition would cause innovation and creativity to thrive between the two Web3 wallet extensions, spurring more tools and features to be added within their own apps. I will certainly be testing out the new wallet for a few months to see if I personally like it more than the MetaMask wallet itself over time.
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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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”).
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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.