Futureverse-powered AI protocol ASM unveils new updates
The Root Network Overview - August 7, 2024
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The ecosystem insights
$ROOT price: $0.02727 (-26.12%)
The Root Network holders: 286.01K (+0.51%)
The Root Network total transfers: 1.15M (+3.60%)
The Root Network total transactions: 379.28K (+0.66%)
Total staked: 326.35M (+0.23%)
The percentages and metrics are calculated from its change over a 14-day time frame, unless noted otherwise.
Highlight of the The Root Networks
💫What’s happening: Altered State Machine (ASM) unveiled its latest vision for its ASM AI protocol. The protocol introduced Murmur Matrix, a framework designed to enhance AI agents with spatial awareness and long-term contextual memory.
💫Why it matters: ASM's launch of this protocol marks a pivotal step toward its integration of AI and blockchain technology. It also aims to create more “intelligent agents”, the company said in a post, to expand the potential utility and value proposition for NFTs.
The ASM launchpad protocol can provide a more streamlined path for developers to access its technology, which could in turn foster innovation across multiple chains.
These advancements aim to enable developers on any chain to leverage ASM protocol’s patent portfolio and IP.
The protocol also aims to address key challenges from its initial iteration, such as multi-chain compatibility and user experience complexities. Integration of the Murmur Matrix could address these issues to provide a more seamless and interactive metaverse experience.
💫 The bigger picture: The ASM AI protocol showcases what’s possible when AI and blockchain technology come together in the open metaverse.
The refined protocol stack aims to create a more inclusive and interactive metaverse, a pain point that the nascent industry has faced for years.
Built on Root
Girin Labs, a Korea-based web3 studio, announced that it secured funding from the XRP Ledger Japan and Korea Fund backed by Ripple
Lotus Protocol introduced its liquid staking and lending protocol on The Root Network
JEN shared it received qualification from Fairly Trained, an AI generative certification company
FLUF World released its latest game developer diary to showcase Kingdom Coins in its game The Third Kingdom
FutureScore celebrated its first anniversary and introduced dynamic inflation adjustment to make user score growth more efficient
Gen3 Games CEO Shen Morincome announced it will develop a web3 game, Untamed Isles, on The Root Network
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.
TTK Guild shared a game manual for its upcoming game The Third Kingdom
Nftsales released a thread on X that dove into AI music platform Jen
X user nftbroo created a post highlighting Futureverse community member’s favorite features
Futureverse is hosting Futureverse Vibe, a community meetup event on Sept. 2 in South Korea as part of Korea Blockchain Week
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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.