Former Activision Blizzard exec joins Yuga Labs as CEO: Nifty Newsletter, March 29–April 4
In this week’s newsletter, learn how artificial intelligence (AI) can make the metaverse safer, according to The Sandbox’s co-founder. Check out how Axie Infinity creator Sky Mavis is building a blockchain gaming ecosystem, and read about nonfungible token (NFT) firm Yuga Labs onboarding a new CEO. In other news, find out how OKX uses the metaverse to engage with football fans, and don’t forget this week’s Nifty News, featuring luxury brand Gucci creating a pendant for the Otherside metaverse.
Sebastien Borget, co-founder and chief operating officer of The Sandbox, expressed his excitement about AI at the WOW Summit 2023 in Hong Kong. Speaking to Cointelegraph, Borget said that rather than fearing the technology, it can be used to empower creators to “materialize ideas in seconds.”
According to the executive, AI also has the capability to make the metaverse have more diversity and inclusivity. Borget argued that AI could help make the metaverse safer through automated text moderation to reduce toxicity within virtual worlds.
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Sky Mavis, the creator of Axie Infinity, has announced it is working with gaming studios to build and launch new games on top of the Ronin Network. This begins the creation of a gaming ecosystem on its blockchain.
According to Trung Nguyen, the CEO of Sky Mavis, the company is ready to open its technology and infrastructure to the broader Web3 world following the blockchain’s upgrade to a delegated proof-of-stake consensus mechanism.
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Yuga Labs, the firm behind many popular NFT collections, has onboarded a new CEO. Daniel Alegre, who previously worked as the president and chief operating officer of the gaming firm Activision Blizzard, joined the NFT company on
Read more on cointelegraph.com
