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Are NFTs Really Dead?
And Ex Farmville Devs Raise $33 Million for Proof of Play
🧪 About Alpha Media Labs
Gm, Tech enthusiasts.
The mainstream media has been pumping out anti NFT propaganda saying NFTs are dead. AI wars heat up among the tech giants with amazing new features launching. And lastly web3 gaming studios and active more than ever with Proof of Play raising $33 million and Yuga announcing new partnerships.
In today’s newsletter:
💀 Are NFTs Really Dead?
🥊 ChatGPT Can See, Hear, & Speak
🤖 Proof of Play Raises $33 Million
Read time: 2 minutes
Web3 News
Data Download:
An article was spread my popular media outlets that NFTs are all worthless!
The source was dappgambl a crypto gambling platform that ran very biased reports.
DappGambl only had 100 followers on X at the time and was only created a year ago.
Data Feed: (Summed up from Easy)
Examining the dappGambl report these claims were based on, it was found that out of 73,000 NFT collections reviewed, 69,795 had a market cap of 0 eth. The report also highlighted environmental concerns, stating NFTs caused 162,000 metric tons of CO2, a fraction compared to other major CO2 contributors. The data analysis showed that while 18% of top NFT collections had a market cap of 0, less than 1% were valued above $6000, drawing parallels to the value of physical collectibles. Despite the negative portrayal, the report acknowledged NFTs' potential, but mainstream media seemed to overlook this. The overall sentiment suggests a misunderstanding of the NFT space, emphasizing that despite the skepticism, NFTs are here to stay.
AI News
Data Download:
ChatGPT announced script to image where you can prompt images directly through GPT plug-in
This new update will allow you to create whatever images you want and build following images based off of the originals.
Founder Sam Altman also announced GPT can now see, hear, and speak.
Data Feed:
ChatGPT is introducing new voice and image capabilities, providing users with a more interactive experience. Users can now have voice conversations with ChatGPT and show it images to discuss various topics. These features will be available to Plus and Enterprise users in the coming weeks. The voice feature, available on iOS and Android, offers five different voice options, powered by a new text-to-speech model and Whisper, OpenAI's speech recognition system. The image feature, powered by multimodal GPT-3.5 and GPT-4, allows users to share and discuss images with the assistant. OpenAI is rolling out these features gradually, ensuring safety and addressing potential risks associated with voice and vision technologies.
Gaming News
Data Download:
Leadership: Led by Farmville co-creator Amitt Mahajan, the company has also added ex-Twitch CEO Emmett Shear to its board.
Funding: The investment round was co-led by Andreessen Horowitz and Greenoaks, with participation from key figures in the tech and Web3 space like Naval Ravikant and Balaji Srinivasan.
Gameplay: Pirate Nation focuses on card-based combat, island building, and community-led world boss raids. It aims to be a "Forever Game," operating without the need for external servers or creator intervention.
Data Feed:
Proof of Play has recently secured $33 million in seed funding to advance its blockchain-based RPG, Pirate Nation. The game, which has been in beta since December 2022, aims to immerse players in a decentralized world without the initial technical barriers often associated with blockchain games.
Giveaway:
They are currently running a giveaway for a 1 of 1 ship that could be used in the game or sold: https://www.alphabot.app/1-of-1-mystery-item-pirate-nation

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