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AVIGATION AI Collabs With AssetMantle to Revamp NFTs Via AI Integration

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AVIGATION AI Collabs With AssetMantle to Revamp NFTs Via AI Integration

    • AVIGATION AI collabs with AssetMantle.
    • The goal of the partnership is to revolutionize NFTs through AI integration.
    • Executives of both parties commented on the new collaboration

AVIGATION AI, a company specializing in artificial intelligence (AI) that identifies potentially viral content, has recently partnered with AssetMantle, an NFT platform for brands, creators, and collectors built on a robust community.

Through the collaboration, AVIGATION AI will use its trailblazing AI model to seek potentially viral content and convert it into mintable NFTs on AssetMantle. This unprecedented model will nurture and support NFT minting and sales channel management of brands across leading blockchains.

One of the more significant reasons for NFTs’ popularity is their accessibility, allowing anyone to participate in earning capital from investing in these tokenized assets.

The accessibility of NFTs comes down to the general subject matter of these tokens, often covering sports, television, movies, and other prominent aspects of pop culture. The convenience of these tokens, from a more practical point of view, stems from the ability to tokenize asset ownership, which can then be quickly and efficiently transferred to anyone.

Marrying these two technologies will bring the large market from NFTs, which is bordering on mass adoption, and expose it to AI, a form of technology that typically remains in the backend of software.

The Benefit of the Partnership

AVIGATION AI will use its wealth of knowledge and experience in AI modeling to discover the most valuable and mintable viral content across live streams in conjunction with their NFT storefront infrastructure. On the other side of the partnership, AssetMantle will allow the AI company to be an end-to-end provider for leading publishers, brands, and creators.

Deepanshu Tripathi, Founder and Product Lead of AssetMantle, stated: “This long-term collaboration between AssetMantle and AVIGATION AI blends state-of-the-art NFT features like fractional ownership, composability, decomposability, and interchain compatibility with AVIGATION AI’s proprietary AI model to commoditize trending and on-demand digital moments for NFT collectors and traders.”

Bhavani Ravi, CEO of AVIGATION AI, elaborated further on the value-added from combining these services:

Through this agreement, AVIGATION AI and AssetMantle have established a long-term relationship for the enablement and operations of blockchain and NFT-based commerce.” This partnership will change the web 3.0 game in terms of accelerating the ability to mint, publish, and enable commerce in hours, not weeks.

This partnership highlights the rapid growth and evolution of NFTs at scale, enabling brands, marketers, and individuals looking to quickly and efficiently share and promote their experiences through NFT marketplaces and the metaverse.

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Analysts assess the aftermath of the Terra (LUNA) collapse | Cointelegraph interview

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Analysts assess the aftermath of the Terra (LUNA) collapse | Cointelegraph interview

Financial commentator Frances Coppola is convinced that algorithmic stablecoins such as TerraUSD (UST) will always be vulnerable to sudden collapses, no matter how much the technology improves.

“They can improve their game theory, they can improve their risk assessment, but I think there will still always be some states of the world that they won’t have thought of,” pointed out Coppola in a discussion with Mike McGlone, senior commodity strategist at Bloomberg.

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Russia will inevitably legalize crypto payments says trade minister

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Russia will inevitably legalize crypto payments says trade minister

Russia will legalize crypto payments “sooner or later” according to the Ministry of Industry and Trade of the Russian Federation, Denis Manturov.

The country’s government has been exploring various crypto adoption plays throughout 2022, but is yet to finalize any concrete policy concerning digital asset payments. However, its legalization has been recommended by Russia’s finance ministry via its “On Digital Currency” bill from April.

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‘Grim Reapers’ financial crimes unit revived to investigate Terra collapse

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‘Grim Reapers’ financial crimes unit revived to investigate Terra collapse

Legal troubles are mounting for the co-founder of failed Terra crypto project Do Kwon as the South Korean government revives the dormant “Grim Reapers of Yeoui-do” to investigate Terra’s fall.

The special investigative and prosecutorial team consists of members from various financial regulators, and is designed to prosecute securities fraud and unfair trading schemes. Potentially at risk are co-founders Do Kwon and Shin Hyun-seong, along with core members of the Terra team. Yeoui-do is the financial center of Seoul.

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