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Season 5 of Ubisoft Entrepreneur Labs has begun, revealing 8 chosen startups

Based in Station F (Paris), Ubisoft launched the newest season of their startup program, led by the Ubisoft Strategic Innovation Lab. The program is oriented around supporting innovative startup products and services by providing them expert assistance and access to world-class facilities.  Season 5 of this series will be focused over social entertainment, as evidenced

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Based in Station F (Paris), Ubisoft launched the newest season of their startup program, led by the Ubisoft Strategic Innovation Lab. The program is oriented around supporting innovative startup products and services by providing them expert assistance and access to world-class facilities. 

Season 5 of this series will be focused over social entertainment, as evidenced by statements made by the Program Director of the Ubisoft Entrepreneurs Lab Catherine Seys’ on the 9th of January, 2020.

She laid out the foundation for the 5th Season by saying – “We want to keep on exploring this path for gamers, modders, and viewers of our content. Together with talented entrepreneurs working across different fields of entertainment — music, video production, live shows — we wish to contribute to creating the engaging, creative, and fun bonding entertainment experiences of tomorrow.”

Applicants were able to choose between Station F, the largest startup campus in the world, located in Paris, France, and Ubisoft’s recently opened site at the IMDA Pixel incubation space, in Singapore.

These are the eight startups that were chosen by Ubisoft for the incubator:


Xaya (UK), (The same team that invented Blockchain gaming back in 2013 with Huntercoin) is a Blockchain gaming platform designed to support complex decentralized games, and are also developing Taurion, an MMO-RTS/RPG, what would be the most complicated decentralized game ever built.


Planetarium (South Korea), a Blockchain-based ecosystem for community-powered games, where players can be able to connect without the need for centralized servers.


CareGame (France), a new cloud mobile gaming solution which allows consumers to access any mobile game without downloading data.


Splinterlands (USA), a next-generation collectable trading card game built upon Blockchain technology.


Atlantide (France), creates educational games based on history to entertain and educate. The first experience developed by Atlantide is a geolocalized game that transforms a place into an XXL augmented reality playground to encourage observation, communication and immersion.


Immersiv.io (France), provides fans with an unprecedented live augmented reality experience. Through Smartglasses or a smartphone, people can access and interact with all the information they need to enjoy their favourite sports, whether at home or in the stadium.


Sorare (France), a global fantasy football game where managers can trade official digital collectables, compose their teams and compete for rewards every week. Launched in March 2019, Sorare is on a mission to bring crypto to fantasy sports fans of the most popular sport in the world, football.

Sorare’s game has attracted 10,000+ users with a monthly volume of $150,000 in March 2020. Based in Paris, Sorare is funded by Tier 1 VCs such as Seedcamp, ConsenSys and Kima Ventures.


Axie Infinity (Vietnam), a digital pet universe where players battle, raise and trade cute creatures called Axies. In Axie Infinity players can experience the benefits of blockchain technology through ‘Play to Earn’ gameplay and a player-owned economy. The game is created by technology company Sky Mavis which specializes in creating products that allow anyone to truly own their digital identity and game assets.


We like the variety of choices made by Ubisoft, from service providers to video game developers as a company, and finally blockchain video games. Let us know your favourite in the comments below, or on Twitter!

Source: https://www.crypto-news.net/season-5-of-ubisoft-entrepreneur-labs-has-begun-revealing-8-chosen-startups/

Blockchain

We Are All Satoshi: Statue of Bitcoin Creator Erected in Budapest

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Satoshi Nakamoto – the pseudonym for the yet undiscovered creator(s) of Bitcoin– has had a faceless bronze statue erected in ‘his’ honor in Hungary.

Depicting Bitcoin’s Anonymous Creator

The sculpture was unveiled in a technology-themed park in Budapest – the capital of Hungary – where also stands a statue of late Apple co-founder Steve Jobs.

Fans pose for a photo with the statue of Satoshi Nakamoto after its unveiling at the Graphisoft Park in Budapest.
Fans pose with Satoshi statue. Source: New York Post

As Nakamoto is an anonymous figure, some have compared the difficulty of designing his statue to that of depicting the prophet Mohammed. Likewise, Andras Gyorfi, the man behind the project, refers to Nakamoto as a kind of deity.

“We think of Satoshi as the founding father of the whole cryptocurrency industry. He created Bitcoin, he created the blockchain technology, he’s the god of our market”.

As such, the Bitcoin founder’s mysterious nature was built right into the statue’s design. With a plain face and a hood draped over his head, Satoshi bears no identifiable features besides a Bitcoin logo carved over his heart.

“It was a big challenge,” says Tamas Gilly, co-creator of the statue alongside Reka Gergely.  “It is very difficult to make a portrait sculpture of a person that we don’t know exactly what they look like.”

Playing into Nakamoto’s anonymity, they have made his face reflective – capturing the Bitcoin network’s collective ownership.


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“I hope that through the language of sculpture I have managed to convey the basic idea of Bitcoin, that it belongs to everyone and no one at the same time”.

Why Does Satoshi Deserve a Statue?

Andras Gyorfi’s idea to build a statue of Nakamoto was driven by his admiration for Satoshi’s invention. He calls Bitcoin an “efficient, fair, and transparent database” that can improve every aspect of our world.

Satoshi Nakamoto left the Bitcoin community after sending his last email to fellow developers in 2011, keeping his true identity hidden. Bitcoin has since spawned a diehard community of people loyal to its protocol and who look up Satoshi with quasi-religious veneration.

CEO of MicroStrategy Michael Saylor, a community leader and major investor in Bitcoin, regularly speaks about it using biblical language and mythological metaphors.

Featured image courtesy of Euronews.

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Source: https://cryptopotato.com/we-are-all-satoshi-statue-of-bitcoin-creator-erected-in-budapest/

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Bitcoin’s Annual Energy Use Has Already Passed 2020’s: Research

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While worries about Bitcoin’s energy use abound, new analysis shows that the network has already consumed more power than it did during the entirety of last year.

Bitcoin’s Rising Power Consumption

As reported by Bloomberg, “the network reportedly consumed about 67TWh of electricity in 2020, and its total consumption has already surpassed this in 2021”. By the end of the year, the analysts predict that Bitcoin will have used 91 TWh of electricity, rivaling the consumption of Pakistan. Further data forecasts an even higher number at 95 TWh.

This number has a tendency to fluctuate, however. Events such as the Bitcoin mining crackdown in China earlier this year took a tremendous amount of hash power off the Bitcoin network, which was as high as 141TWh in May, dropping to 68 TWh in June.

Generally, increased power consumption is also to be expected as Bitcoin’s price rises. Mining – the most energy-intensive aspect of the Bitcoin network – regularly rewards those that consume the most energy with new bitcoins. As the report points out, mining, therefore, becomes more profitable as Bitcoin’s value increases, drawing more energy to the network – even if it isn’t that efficient.

Is Bitcoin Energy Use A Dying Issue?

Many make the mistake of equating increased power consumption with environmental harm – which isn’t necessarily true when it comes to Bitcoin.


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Data from July suggests that Bitcoin’s carbon footprint has declined significantly since Elon Musk raised concerns about it in May. This is largely due to the max exodus of hash power from China – a coal-reliant mining country – to locations with lower-cost renewable energy options such as Texas.

Furthermore, July’s “B-Word” conference offered some insights revealing that Bitcoin mining has always been relatively renewable. Figures suggest between 34-46% sustainable energy use on the network, while only being responsible for 0.1% of global CO2 emissions.

Even Elon Musk admitted at the time that Bitcoin mining was already trending further in the direction of renewable sources and that he would likely continue accepting Bitcoin for Tesla purchases as a result.

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Source: https://cryptopotato.com/bitcoins-annual-energy-use-has-already-passed-2020s-research/

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EY Taps Polygon Network to Improve Enterprise Clients’ Experience 

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Major multinational professional services company Ernst & Young (EY) announced the adoption of the Polygon protocol for the deployment of its blockchains to provide faster transactions and lower costs for its enterprise clients who transact on the Ethereum mainnet.

EY Clients Can Now Access Polygon Network

The “Big Four” consulting firm stated in the press release from earlier this week that it has integrated its flagship blockchain services such as EY Blockchain Analyzer and EY OpsChain into Polygon’s permissionless commit chain, making it easier for clients to access the latter’s network.

Increased transactions happening on the Ethereum network have led to congestion and higher costs. Meanwhile, EY believes that connecting to Polygon’s commit chain solutions will provide the company’s enterprise clients with “increased transaction volumes with predictable costs and settlement times.”

Commenting on the latest development was EY’s Global Blockchain leader, Paul Brody, who said:

“Working with Polygon provides EY teams with a powerful set of tools to scale transactions for clients and offers a faster roadmap to integration on the public Ethereum mainnet. We discovered our shared priorities around open system and networks and the Ethereum ecosystem would make collaboration in this area much easier.”

Polygon co-founder Sandeep Nailwal also made a statement, saying:


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“The EY commitment to the public Ethereum ecosystem and to open standards was a big driver in evolving shared approaches. No other organization has made the same scale of commitment to the ecosystem and to open systems, or brings the depth of technology that the EY organization has in this space.”

Also, both EY and Polygon are working towards developing “permissioned, private industry chains” that would utilize Optimistic rollups, which enable cheaper transactions and robust efficiency.

More Partnerships for Polygon

Polygon, a layer-2 scaling solution for Ethereum, continues to be one of the widely adopted blockchains. In July, US-based cryptocurrency exchange giant Coinbase connected its wallet mobile app to the Polygon network.

Formerly known as Matic Network, the protocol was rebranded to become Polygon back in February 2021. Later in June, the Ethereum scaling solution announced that it was planning to launch an all-purpose blockchain network for standalone chains, sidechains, and other Layer-2 solutions, called Avail.

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Source: https://cryptopotato.com/ey-taps-polygon-network-to-improve-enterprise-clients-experience/

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