Technology

Bored Ape Yacht Club’s newest merch drop can only be bought with ApeCoin

Published

3 years ago

March 28, 2022

Bored Ape Yacht Club’s newest merch drop can only be bought with ApeCoin

Bored Ape Yacht Membership NFT holders should buy new merchandise objects from Yuga Labs — however they’ll solely use the newly-launched ApeCoin to do it, in response to an announcement within the BAYC Discord server. Yuga Labs, which has a big stake within the group backing ApeCoin, will get extra ApeCoin (and extra management over the group) as NFT holders pay for his or her merch.

That’s, assuming they’ll. Persevering with cryptocurrency’s pattern of “cash however worse,” customers complained they had been having bother trying out.

Hey everybody, we’re conscious of the Coinbase Commerce points throughout merch retailer checkout. They’re engaged on a decision now. In the event you encountered cost issues we’ll be following up with subsequent steps quickly.
— Bored Ape Yacht Membership (@BoredApeYC) March 28, 2022

“Complete shitshow,” one consumer mentioned.

“Not fudding and I’m a contented proprietor, however it is a very small on-line occasion relative to constructing a metaverse,” one other mentioned, referencing the deliberate improvement of Otherside, a recreation meant to attach NFTs. “Wish to see far more thorough testing and clean buyer experiences earlier than bigger drops happen. Simply my .02.”

The merch drop highlights one thing unusual about ApeCoin, which, up to now, has been used as an in-game foreign money for Benji Bananas, a recreation from Animoca Manufacturers. ApeCoin can be a technique to vote within the ApeCoin DAO — DAO is brief for “decentralized autonomous group,” although, on this case, the decentralized and autonomous elements each appear fairly, uh, controversial.

Members who pay in ApeCoin are basically giving their ApeCoin DAO vote again to Yuga Labs, additional consolidating Yuga Labs’ management over the DAO. The corporate has been granted 150 million tokens, however they’re locked up for a yr. Yuga Labs’ founders get 80 million tokens, that are additionally locked for a yr. Moreover, Yuga Labs owns seven Bored Apes and 10 Mutant Apes. The merch launch — and switch of tokens to Yuga Labs — comes as there are two days left to vote on the preliminary DAO proposals.

With a view to entry the BAYC merch retailer, customers should personal a BAYC or Mutant Ape Yacht Membership NFT. Based mostly on screenshots within the Discord — I don’t have a BAYC NFT, so I can’t see the shop straight — the objects look like priced in {dollars}. They embody hoodies, soccer jerseys, hats, sweatpants and throw blankets. Token holders who pay Yuga Labs in ApeCoin basically hand over their DAO votes to Yuga Labs.

Yuga Labs initially introduced the merchandise on Friday at 1:57PM PT. After Yuga Labs made its announcement, ApeCoin rose from $13.83 at 2PM PT on March twenty sixth to $15.13 at 12:33PM PT as we speak, in response to Coinbase.

Technology

Gemini can now tell when a PDF is on your phone screen

Published

2 hours ago

December 21, 2024

Press Room

Gemini can now tell when a PDF is on your phone screen

In the latest version of the Files by Google app, summoning Gemini while looking at a PDF gives you the option to ask about the file, writes Android Police. You’ll need to be a Gemini Advanced subscriber to use the feature though, according to Mishaal Rahman, who reported on Friday that it had started rolling out.

If you have the feature, when you summon Gemini while looking at a PDF in the Files app, you’ll see an “Ask about this PDF” button appear. Tapping that lets you ask questions about the file, the same way you might ask ChatGPT about a PDF. Google first announced this screen-aware feature during its I/O developer conference in May.

Rahman posted a screenshot of what it looks like in action:

Other context-aware Gemini features include the ability to ask about web pages and YouTube videos. For apps or file types without Gemini’s context-aware support, the assistant instead offers to answer questions about your screen, using a screenshot it takes when you tap “Ask about this screen.”

Technology

Fox News AI Newsletter: Cate Blanchett 'deeply concerned'

Published

2 hours ago

December 21, 2024

Press Room

LONDON, ENGLAND – DECEMBER 03: Cate Blanchett attends the World Premiere of “The Lord Of The Rings: The War Of The Rohirrim” at Odeon Luxe Leicester Square on December 3, 2024 in London, England. (Photo by Jed Cullen/Dave Benett/WireImage) (Jed Cullen/Dave Benett/WireImage)

Welcome to Fox News’ Artificial Intelligence newsletter with the latest AI technology advancements.

IN TODAY’S NEWSLETTER:

– Cate Blanchett worries AI could ‘totally replace anyone’
– ChatGPT CEO talks Elon Musk feud, criticizes Biden admin AI regulation
– 10 things you should never tell an AI chatbot

‘DEEPLY CONCERNED’: Cate Blanchett is one of the many actors expressing fears about artificial intelligence. In a recent interview with the BBC, the Oscar winner said the technology “deeply concerned” her.

Cate Blanchett at the Cannes Film Festival in a black strapless dress soft smiles

Cate Blanchett. (Rocco Spaziani/Archivio Spaziani/Mondadori Portfolio via Getty Images)

ALTMAN OPENS UP: OpenAI CEO and co-founder Sam Altman opened up about Elon Musk’s feud with him and his view of how regulations related to artificial intelligence development should be framed.

Sam Altman, chief executive officer of OpenAI, during a panel session on day three of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. (Stefan Wermuth/Bloomberg via Getty Images / Getty Images)

CHATBOT SAFETY: This is a heartbreaking story out of Florida. Megan Garcia thought her 14-year-old son was spending all his time playing video games. She had no idea he was having abusive, in-depth and sexual conversations with a chatbot powered by the app Character AI.

SPLIT STRATEGY: A recent survey found that investors and CEOs are viewing artificial intelligence (AI) investments differently. Nearly 80% of investors expect AI projects to generate a positive return on investment within the first year, while 41% CEOs of large-cap companies are willing to let AI initiatives mature over the course of one to two years before they expect positive results.

TECH REVOLUTION: Congress’s bipartisan task force on artificial intelligence recently released its long-anticipated report, detailing strategies for how the U.S. can protect itself against emerging AI-related threats while ensuring the nation remains a leader in innovation within this rapidly evolving sector.

Congress released a long-awaited AI report recently. (iStock)

Subscribe now to get the Fox News Artificial Intelligence Newsletter in your inbox.

FOLLOW FOX NEWS ON SOCIAL MEDIA

Facebook
Instagram
YouTube
Twitter
LinkedIn

SIGN UP FOR OUR OTHER NEWSLETTERS

Fox News First
Fox News Opinion
Fox News Lifestyle
Fox News Health

DOWNLOAD OUR APPS

Fox News
Fox Business
Fox Weather
Fox Sports
Tubi

WATCH FOX NEWS ONLINE

Fox News Go

STREAM FOX NATION

Fox Nation

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future with Fox News here.

This article was written by Fox News staff.

Technology

The US finalizes CHIPS Act funding for Samsung and Texas Instruments

Published

10 hours ago

December 21, 2024

Press Room

The US finalizes CHIPS Act funding for Samsung and Texas Instruments

The US Commerce Department has awarded Samsung and Texas Instruments with a combined over $6 billion in “direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication,” according to a pair of announcements published on Friday.

Samsung will get the larger of the two awards at $4.745 billion. The Commerce Department says the company will use this as part of its planned $37 billion investment in Texas chip facilities that include two new “leading-edge logic fabs and an R&D fab” in Taylor, Texas, and the expansion of its plant in Austin.

The company was originally slated to receive $6.4 billion. In a statement reported by Bloomberg, the company said that its “mid-to-long-term investment plan has been partially revised to optimize overall investment efficiency,” which suggests the company has dialed back its plans, according to the outlet.

Texas Instruments will receive $1.61 billion to bolster the $18 billion it plans to spend on projects like constructing two wafer fabs in Texas and a third in Utah. The Commerce Department announced smaller awards this week too, including $407 million in funding for Amkor Technology, a US-based company that tests and packages chips for companies like Apple.

All three awards were announced earlier this year, with Samsung first in April, and they join other CHIPS Act funding grants given to companies like Micron, Intel, and TSMC. And their finalizations come with just under a month to go before Donald Trump, who has criticized the CHIPS Act, assumes the US Presidency on January 20th.