📢 The ProPicks AI strategy to watch when Tech rally slows down. It did 2X the S&P in July!Unlock AI Insight

Cardano-Linked AI Platform Partners With Oldest Metaverse Decentraland

Published 2023-10-10, 10:46 a/m
Cardano-Linked AI Platform Partners With Oldest Metaverse Decentraland
MANA/USD
-

U.Today - SophiaVerse (SOPH), an immersive project centered around humanoid robot Sophia, expands to Decentraland (MANA), the longest-running metaverse and play-to-earn ecosystem. SophiaVerse (SOPH) users can get rewarded wth unique assets from Decentraland (MANA).

SophiaVerse (SOPH) AI Lab kicks off in Decentraland (MANA) world

Sophia the Robot, a digital AI-powered robot from SophiaVerse (SOPH) platform, opens her centre for innovation and research, a Decentraland AI Lab. It is the first AI-centric venue in Decentraland (MANA), a veteran metaverse and play-to-earn project.

Launched back in 2017, Decentraland (MANA) was among the key beneficiaries of the 2021 metaverse euphoria. It offers GameFi enthusiasts to buy and sell tokenized land parcels, in-game objects, characters and so on. Also, Decentraland (MANA) users can compete against each other in PvP battles and tournaments.

Within the framework of the new collaboration, SophiaVerse (SOPH) users can speak to Sophia the Robot and obtain exclusive Decentraland (MANA) wearables in order to take part in virtual competitions.

SingularityNET, a project of Sophia's creator Ben Goertzel, migrated from Ethereum (ETH) to Cardano (ADA) in 2022. Since then, SophiaVerse (SOPH) and its endeavors are associated with the second-largest proof-of-stake (PoS) blockchain.

SingularityNET's token is one of the most popular digital assets of the ongoing euphoria around AI cryptocurrencies.

SophiaVerse (SOPH) token fully recovered after 30% plunge

In recent weeks, SophiaVerse's token, SOPH, recovered from a sudden dropdown. On Oct. 4, 2023, the SOPH price plunged to a local peak at around $0.0805. However, in the past five days, it fully erased this painful loss and got back to the $0.11 level.

Decentraland's token MANA is losing traction, together with the entire GameFi segment. MANA lost 4.3% of its capitalization in the last 24 hours and reached a three-week low at $0.28.

In September 2023, SophiaVerse (SOPH) appointed a new CEO: its development is now helmed by Logan Ryan Golema, a veteran of the AI segment.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.