This weeks Tech, Web3, Crypto and AI news
- 🤖 ChatGPT vs. Real Novel Writers on Amazon
- 😳 SEC formally charge Do Kwon
- 💵 Stacks on Stacks on Stacks
AND NOW THE NEWS
ChatGPT vs. Real Writers on Amazon
ChatGPT, an AI language model, is being used to create e-books that are published on Amazon's Kindle Direct Publishing platform. The software is being used by novice writers to create books on various topics, from dieting advice to recipes, illustrated children's books and get-rich-quick schemes. Some authors feel no obligation to disclose that their work is being created with the help of AI.
Critics are concerned that the widespread use of AI-generated books will flood the market with low-quality works, making it harder for genuine authors to find work. While ghostwriting by humans is not new, the use of AI could turn book writing into a commodity. Amazon has not yet announced any plans to change its policies around the use of AI in book writing. However, there is a call for transparency from both authors and platforms to ensure high-quality work is being created.
Written by: VimalV5Final
NFT Marketplace War
The NFT market is heating up, with Blur and OpenSea battling for the top spot. Blur, a new player in the space, has quickly gained ground due to its no marketplace fee and optional creator royalty fee model. Recently, Blur launched its own token, $BLUR, and airdropped $400 million worth of tokens to its early users. However, there have been allegations of wash trading by the top three most active users on the platform. OpenSea, in response, cut its mandatory royalty fees and announced a limited-time offer of 0% marketplace fees and optional royalty fees. It will also no longer block other marketplaces that refuse to pay royalty fees to creators. Many speculate that Blur's boom forced OpenSea to make this move to stay competitive. The NFT marketplace war rages on, and the winner is yet to be determined.
Written by: VimalV5Final
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AND BACK TO THE NEWS
Stacks on Stacks on Stacks
If your daily routine includes staring at token prices from the moment you wake up and every 5 mins until bedtime, then I assume you’re scratching your head just like I’ve been doing the last 2 weeks.
We’re seeing some tokens pumping, but why?! Overall, there are no positive macro/micro-economic reasons to hang our hat on, plus we have the pesky SEC chomping at the bit to takedown everything they can.
So what gives? Well there might be an answer to one pump with a plausible reason behind it.
Whether you hate it or love it, Bitcoin NFTs are all the rage thanks to the Ordinals Protocol, and Stacks (STX) is the reason behind why this new functionality on Lightning Network actually works.
Bitcoin was originally designed for one thing — — secure and decentralized monetary exchanges. And it does it VERY well.
On the other side, chains such Ethereum, Solana, Binance Smart Chain, Arbitrum, and so on, have lots of untapped utility, and can provide solutions for a number of use cases. Developers deploy smart contracts/dApps to build on top of these chains in order to increase the utility of that chain for their users (DeFi, NFT’s are essentially all powered by smart contracts).
Enter in Stacks, circa 2019. Seeing how chain utility was becoming the norm amongst the competition, Stacks came along to provide a Lightning Network-connected secondary layer for developers to build dApps on top of. Thus the advent of Bitcoin NFTs from Ordinals proved to be the driving force for Stacks to start pumping again.
And two bonuses, Stacks is SEC-approved AND not considered a security.
Price as of this writing is under $1 per token with highs and lows shown below. As always, do your own research, but perhaps it’s time to take another look at this little gem’s comeback.
Written by: nikethereum.eth / Medium / Mirror
One Last Thing...
AI needs us more then we need it...
I feel like I'm training an AI here ... 🧐
— Lukas Hermann @ Vietnam (@_lhermann)
Feb 23, 2023
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