Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

Kinetix, an AI startup based in Paris, is revolutionizing the gaming industry with its groundbreaking technology called Text2Emotes. By harnessing the power of generative AI, Kinetix allows gamers and virtual world enthusiasts to create 3D animations and emotes simply by inputting text prompts. Also, this innovation opens up new avenues for self-expression and user-generated content in gaming. It presents an exciting prospect for players, developers, and publishers alike. Kinetix's CEO, Yassine Tahi, believes that text is the easiest way for people to express themselves in virtual worlds. Text2Emotes offers one of the first examples of AI technology that can generate high-quality. In addition, it can generate playable 3D animations and emotes based on basic text input. Users can enter a simple text prompt, such as a dance move or an emotional expression, and witness their avatars come to life through AI-generated emotes.

The famous American Football league NFL is now available on Roblox. NFL recently opened its digital store - NFL Virtual store

Amazon launched a unique education tool game built in a metaverse. The game is known as AWS Cloud Quest which serves as an education tool

Chinese e-commerce giant Ali Baba Holding decides to check its mettle in the future of the internet i.e. the metaverse

Earlier this week, Epic Games’ Tim Sweeney shares insight on several trending issues in the video games industry.

The software giant Microsoft plans to build 3D metaverse apps for its popular games. Microsoft Teams Metaverse for video calls and meetings.

Epic Games is one of the few gaming companies that came forward to support NFT, web3, and blockchain-based games.