Pundi X Labs and Futureverse partner to create a cohesive ecosystem of AI, blockchain technology, and the metaverse
The Root Network Overview - September 4
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The ecosystem insights
$ROOT price: $0.0188 (-18.12%)
The Root Network holders: 291.5K (+1.16%)
The Root Network total transfers: 1.22M (+1.67%)
The Root Network total transactions: 386.2K (+0.86%)
Total staked: 329.7M (-1.20%)
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: Futureverse entered into a strategic partnership with Pundi X Labs to integrate its AI services to the open metaverse. This partnership aims to empower both ecosystems and respective communities to drive greater adoption of blockchain technology and AI data.
💫Why it matters: This partnership between Pundi X and Futureverse aims to interconnect AI, blockchain technology, and the open metaverse into one cohesive ecosystem.
Through the strategic partnership, the two will build out an AI data omnichain layer on Pundi AIFX that can allow creators and users within Futureverse to tokenize their AI data. In turn, this can enable a new form of value creation to incentivize the usage of AI data and provide transparency.
This partnership will also integrate The Root Network by embedding its blockchain technology into Pundi X’s services, such as its f(x)Wallet and the p(x)card app.
This integration is focused on enhancing interoperability, while enabling seamless transactions within the metaverse. As a result, users can engage in real-world financial activities within digital environments, bridging the gap between the physical and virtual worlds.
Additionally, the partnership hopes to onboard more communities onto Pundi X's SocialFi platform, Purse+, to provide users the ability to earn rewards and engage more deeply with the ecosystem. This in turn hopes to further incentivize participation and foster community growth.
💫 The bigger picture: With the rise of AI, implementation of the technology into every day services like payment services or social platforms is becoming normal practice to improve operations.
Pundi X and Futureverse joining forces can show more eyeballs how beneficial the blockchain can be. Additionally, its implementation into an open metaverse can set the stage for future growth of a digital future.
As AI and blockchain initiatives continue to expand together, the creation of an AI data omnichain layer and integration of services like The Root Network and Readyverse can set the stage for the next phase of growth in the digital economy.
This can enhance the capabilities of both ecosystems and offer new opportunities for its creators and consumers in the open metaverse and their digital experience.
Built on Root
Futureverse integrated X and TikTok as sign-in options for the FuturePass
Futureverse partnered with Ripple to provide custody solutions for its web3 apps, games and metaverse experiences
FLUF World released Prysms, an in-game consumable collectible tool available on the Tradeverse
Jen launched its new R3IMAGINE feature that lets users create tunes from simple rhythmic sounds
GAMBA Insights launched its in-game asset and performance analytical tool
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.
Want to know more about OPEN and its upcoming open metaverse experience? Check out this thread made by X user kingscoriox
The Readyverse shared a sneak peek of the Cool Cats IP in its open metaverse
Jen co-founder Shara Senderoff spoke in an interview about web3 and the integration of AI into music
X user nftbroo created a step-by-step guide on how to create a FuturePass
Learn more about strategizing and battling in Zerpmon via this guide created by X user _r3iKo
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.
Take part in FutureScore Quest 014 campaign as part of The Third Kingdom’s teaser release
If you’re in Tokyo or Seoul, check out this raffle giveaway for a chance to win a custom pair of Reeboks designed using Reebok Impact
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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.