Welcome back to The Root Network Overview. We’re creating the best content for the AI and metaverse ecosystems to get up to speed on the latest updates, metrics, developments, insights and more on Futureverse and The Root Network.
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The ecosystem insights
$ROOT price: $0.0299 (-16.11%)
The Root Network holders: 282.97K (+1.48%)
The Root Network total transfers: 1.06M (+4.95%)
The Root Network total transactions: 371.28K (+1.36%)
Total staked: 325.41M (+8.72%)
The percentages and metrics are calculated from its change over a 14-day time frame, unless noted otherwise.
Highlight of the The Root Network
Diving deeper into some of the biggest updates from Futureverse.
💫What’s happening: Futureverse announced its strategic partnership with Animoca Brands, a venture capital firm and web3 gaming-focused conglomerate. This relationship aims to enhance Futureverse’s open metaverse technology by leveraging Animoca Brands’ ecosystem and various blockchain products, including games and digital entertainment devices.
💫Why it matters: Animoca Brands, a leader in web3 game publishing, plans to integrate Futureverse’s advanced AI and metaverse technologies to enhance Animoca’s portfolio of over 400 web3 investments. This partnership also will expand Animoca Brands' ecosystem by leveraging Futureverse’s layer-1 blockchain (L1), The Root Network, and AI driven tools, which can open the door to new opportunities
This strategic partnership could amplify Futureverse’s technology potential by combining it with Animoca Brands' extensive ecosystem. The collaboration allows both companies to leverage each other’s brands and products, meaning Animoca can access Futureverse's technologies and vice versa. The partnership hopes to accelerate the development and adoption of blockchain technology, potentially transforming the way open metaverses operate.
The partnership can also accelerate the growth of the Futureverse token ecosystem, which includes The Root Network’s ROOT token, the ASTO token powering Futureverse’s AI protocol, and the SYLO token facilitating SYLO’s communication and social graph protocol.
💫 TLDR: The partnership between Futureverse and Animoca Brands could mark a significant move towards the advancement of the open metaverse and blockchain technology as the two powerhouses combine forces. Through co-branding and ecosystem collaboration, it could potentially drive growth across both ecosystems and technological capabilities, setting a new standard for interoperability and scalability in the metaverse.
Built on Root
FLUF World released its latest game developer diary for its latest game The Third Kingdom
Tradeverse launched its gamified marketplace for digital collectibles on The Root Network
Gods & Goblins shared its latest in-game update, Grumble V2, to improve character strategy and player decision making
OPEN, a battle royale gaming metaverse experience, showcased its animation process
Want to catch up? Check out the monthly Futureverse updates here.
Driven by community
Highlighting the companies, communities and users tied to The Root Network.
X user shenxcrypto shared Tradeverse’s public beta launch numbers over its first five days
Lotus Protocol created a deep dive into The Root Network and its fundamentals
TheShillverse explains use cases for Root Punks on The Root Network
Check out lv50.root thread outlining The Root Network’s partnerships and what it means for the ecosystem
Get involved in the future
Want to dive into the ecosystem full-time? Find the latest job postings here or get involved at an event below.
Join the CEO of Futureverse, Aaron McDonald, and the CEO of Tradeverse, Shen Morincome, for an X spaces on July 11 about building on The Root Network
Take part in FutureScore Quest 013 campaign as part of Tradeverse’s launch
Get involved with Reebok Impact for FutureScore’s Quest 12: The Impact
Participate in Chibi Clash’s alliance campaign and represent the Futureverse community
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This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.