Why crypto can be legal tender  Legal tender is any form of payment that a government declares legal.

Hololoot aims to bring 3D metaverse assets into reality via a proprietary AR tech stack, benefiting gamers, developers, advertisers, designers, and everyday users. The platform's technology will offer an innovative ecosystem whereby users can create quick and easy AR NFTs without coding knowledge. 

Hololoot AR Viewer's and NFTs Integration

The Hololoot project is creating a comprehensive AR NFT ecosystem for the world. It combines an in-app marketplace, AR NFT launchpad, AR NFT Generator, and an AR metaverse to allow users to build and interact with assets. To truly see AR and NFTs become mainstream, developers and users need to make their apps easier. Hence, Hololoot gives anyone the freedom to explore the full potential of AR and NFTs.

Hololoot is a cloud-based app that allows users to browse and inspect 3D models of AR NFTs on the fly and even mint new ones. Unlike other AR apps that require a backend admin, it is entirely self-service.

The app is the first to enable users to create AR assets and mint NFTs without any platform support. Its ability to provide this functionality positions it as the leading contender in the AR market. Notably, creators, artists, brands, gamers, and marketers benefit from the AR NFT ecosystem.

Unlike VR metaverses, the Hololoot AR metaverse doesn't require you to create a space from nothing. Instead, it lets users scan their homes and customize various features in this metaverse. More features will eventually be added, which will allow users to share their own metaverse experiences. Users will share layouts, open the door, among other things.

AR NFT Viewer

Via Hololoot's AR NFT Viewer, users can quickly and easily integrate AR objects into their real-world environment view and manipulate them in real-time. 

Hololoot also has a wallet connection and metaverse as a service(MaaS) for NFTs. As an AR NFT owner, you can view them on the NFT viewer. In addition, if you have a regular 2D NFT that has a MaaS link, you can still view it in the AR NFT viewer.

These solutions are accessible for a price to projects, companies, and people alike, creating a project revenue stream that they expect to increase in the future. The team acquired collaborations with renowned metaverse games to help jumpstart the MaaS service, and is continually looking for more. They may begin to develop a linked experience across these metaverses by importing current NFT assets from these metaverses into AR.

The platform will give users the best possible experience of their content by using technologies like ARkit, AR Foundation, and glTF files. Depth cameras and LIDAR are used to create high-precision scans of rooms and recognize parameters and objects within them. Also, they will be able to go hands-free with the new generation of AR glasses currently hitting the market.

Hololoot AR NFT Generator

The Hololoot AR NFT Generator allows anyone to easily create and manage 3D assets. They need to upload a 3D model, modify the parameters, and convert it into an NFT.

Hololoot's cloud-based AR NFT Generator is the heart of its ecosystem, mainly because it connects AR Viewer with the marketplace and the metaverse. In addition, it facilitates Hololoot Match, an artificial intelligence recommendation algorithm for finding incredible 3D assets based on a user's specific preferences.

Hololoot's AR NFT Generator is a secure cloud storage and access management solution that enables businesses to manage their content and operations more effectively. It features self-service admin dashboards that allow users to organize and secure their content quickly.

Hololoot Tokens

Hololoot is powered by two tokens that are linked but have their own unique functions. The main token $HOL is used to make purchases and also to farm the rewards token $PIXEL. The goal of the token is to create a long-term ecosystem for AR NFTs. It generates power and sustains the platform.

$PIXEL is the platform's internal rewards token, and it can be used to participate in INOs and purchase unique NFT drops. $PIXEL is farmed by staking $HOL tokens, providing $HOL investors with a motivation to keep their tokens for the long term.

About Hololoot

Hololoot is the first AR NFT generator and marketplace. It simplifies the creation process and brings virtual worlds to life with minimal effort. Its robust features make it ideal for gamers, collectors, and anyone interested in immersing themselves in the world of augmented reality. With Hololoot's marketplace, trading AR NFTs is easy, and the utility-rich token $HOL provides buyers with extra value throughout the application. For more information, visit;

Website |Twitter| Medium|

From oddly-dressed apes to clip-art yachts, NFTs have been all the rage for the last year. But will this new trend last, or is it just that—a trend that will ultimately fade, leaving those who’ve poured money into digital works of art wishing they’d bought a painting or sculpture instead? In a talk at South […]

With the crypto market in stasis, here are some ways to use your time in limbo productively.

In late 2018, the crypto market died. For literally months the price did nothing except bracket up and down, seemingly without reason, and at one point traded in a US$100 range for

Crypto assets saw some wild swings in the day and are now trading to the upside. Risky assets are reacting to the FED’s decision to raise rates by 25-basis points, and the increasing global adoption might be adding weight to the boost. Related Reading | Expectations Of Aggressive FED Drop, Here’s Why Bitcoin Could Rise To $50K What Hikes? Crypto Reacts To The FED The Federal Reserve just lifted rates 25 basis points, raising rates for the first time since 2018. Six more hikes are expected in 2022. The markets have been experiencing volatility following expectations for a more hawkish FED, given the implications of the Russo-Ukrainian war, rising U.S. inflation, and increasing Covid-19 cases. In the day, the crypto market had a downward reaction first, which experts described as a fake-out, then started to react to the upside. Experts expressed during a Fox Bussiness Live that the FED is lagging behind and this move will not affect the economy. They added that the FED is giving investors a plain field to do well in stocks, “not worrying about the U.S. economy.” Similarly, the light interest raise hikes are looking positive for bitcoin and consequently for other crypto-assets as well. Chair Jerome Powell claimed that “the probability of a recession within the next year is not particularly elevated,” and added, “All signs are that this is a strong economy, one that will be able to flourish — not to say withstand, but certainly flourish — in the face of less accommodative monetary policy.” As NewsBTC has been reporting, the 25bps hike scenario looks bullish for Bitcoin for its more passive stance. As many believe the FED’s dovish move comes as a late reaction and will do little to nothing to the U.S. inflation, investors might be taking refuge in Bitcoin as it has happened before. Inflation is expected to remain high at 4.3% by the end of 2022, above the Fed’s annual target of 2.3%. Keeping savings in the bank only means a loss of purchasing power, and as a result, many people might start to see Bitcoin as a hedge against these losses. Cameron Winklevoss, the co-founder of Gemini, argues that the best way to shield yourself from rising inflation is Bitcoin. “Imagine paying a money manager 7.9% a year to do absolutely nothing with your money. That’s what inflation is. It’s a hidden management fee that comes with no return. Today, if you hold USD cash, you are paying the US government 7.9% to do nothing with your money. Scary.” Ukraine Sings Crypto Regulation Amidst the Russo-Ukrainian war, crypto has also been looking like the only feasible option to the people affected by the invasion and sanctions. Ukraine has benefited from crypto assets in several ways during the war. They have received over $108 million in donations in crypto-assets and reportedly, citizens have been able to use digital coins as a tool to safely take their funds with them when fleeing the country. Moreover, regulatory clarity for crypto in the U.S. and other places is expected. Many politicians are taking stances in favor of cryptocurrencies, and Ukraine’s president Zelensky is not lagging behind. Volodymyr Zelensky just signed a law “on virtual assets” to legalize crypto. An official statement says that this law “creates conditions for the launch of a legal market for virtual assets in Ukraine.” “The signing of this Law by the President is another important step towards bringing the cryptocurrencies sector out of the shadows and launching a legal market for virtual assets in Ukraine.” The deputy minister of digital transformation, Alex Bornyakov, expressed that they believe “that crypto industry offers new economic opportunities. We will do our best to bring the bright new future closer as soon as possible.” This does not mean cryptocurrencies are a legal tender in Ukraine, but crypto holders are now legally protected in the country. This favorable sentiment appears to be growing amongst many politicians and governments around the world, which could turn into a rapidly growing institutional adoption of crypto. As both Russians and Ukrainians have found themselves in need of an alternative to the traditional financial institutions, they have also sought refuge in bitcoin and stablecoins. Besides the functional side experienced by Ukrainians, Russians could be finding in crypto a refuge from their devalued ruble. This sets a worldwide example and could end in a positive scenario for the market. Related Reading | Leading News Outlets In Ukraine Aim To Secure $1 Million By Selling NFTs

Have you ever heard of blockchain? It is the ledger and authentication system behind the bitcoin network. Blockchain is the reason that bitcoin become a sustainable digital coin, unlike many of the other digital coins that came before it. Many companies have used the blockchain system to create tertiary services, such as bitcoin wallets. Bitcoin […]

The post Mining City Uses Blockchain to Offer Reliable New Bitcoin Wallet appeared first on SmartData Collective.

Michael Saylor – the CEO of software giant MicroStrategy, arguably the biggest institutional bitcoin bull around – has stated that bitcoin’s scarcity is ultimately what makes the currency the strongest asset in the world, right now. He says nothing – not even gold – can compare to bitcoin because it is the only thing that...

The post Michael Saylor: BTC Is Valuable Because It’s Rare appeared first on Live Bitcoin News.

We got our best look at Cities VR gameplay yet last week, along with more details on how the game will adapt Cities: Skylines gameplay for Quest 2.

Fir Tree, which manages $4 billion in assets, reckons Tether is backed by watery Chinese commercial paper tied to troubled real estate plays.

The post Hedge fund shorts Tether, expects it to collapse in the next year appeared first on Protos.

An experiment conducted on hybrid matter-antimatter atoms has defied researchers’ expectations.

The post An Antimatter Experiment Shows Surprises Near Absolute Zero first appeared on Quanta Magazine

Knowledge is never static. It is transformed, changed, or altered over time. Discover how to better manage knowledge with versioning & drafts

The post How to Better Manage Knowledge Using Versioning & Drafts appeared first on Inbenta.

The first of many new DLC packs arrives tomorrow.