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  • Avalon Labs (AVL) releases whitepaper for AI-powered RWA marketplace

    Avalon Labs (AVL) releases whitepaper for AI-powered RWA marketplace

    Avalon Labs (AVL) releases whitepaper for AI-powered RWA marketplace

    • The whitepaper announces the world’s first AI-backed RWA marketplace.
    • It launches on BNB Chain, welcoming participation from AI developers and GPU owners.
    • AVL gains over 15% on the daily timeframe before cooling.

    Amid broader weakness, Avalon Labs fueled optimism through the blockchain industry after releasing its highly anticipated whitepaper.

    The document highlights the firm’s mission for launching the world’s first AI-driven RWA marketplace, alongside an AI-MaaS (AI-Model-as-a-Service) platform, which merges blockchain with artificial intelligence.

    The new project will debut exclusively on BNB Chain, a move that could welcome lucrative opportunities for GPU owners and AI developers.

    The move heralds the next stage of RWA tokenisation’s evolution – powered by innovations beyond blockchain, including self-learning AI programs and intelligent.

    According to the announcement:

    This marketplace is open to all GPU hardware owners and AI model developers. Our first launch will feature a Reinforcement Learning Model (RL Model) deployed by Avalon abs in collaboration with our AI partner, powered by H200 GPU hardware as the foundation.

    Avalon Labs’ alt saw a sharp uptick following the whitepaper release.

    AVL soared from the daily low of $0.1436 to $0.1668 – a 16% increase.

    However, the digital token has retraced as hype fades and bearish broader sentiments.

    Meanwhile, Avalon Labs plans to create a platform that supports artificial intelligence innovation.

    The project aims to provide contributors and developers a fair environment to engage in the AI economy.

    Avalon to tokenise commercial rights

    Beyond the AI-driven marketplace, Avalon Labs also introduced the CRT (Commercial Rights Tokenization) standard.

    The concept introduces a new framework for tokenizing commercial rights linked to goods, services, and assets.

    CRT might transform how businesses connect with investors and raise capital.

    For instance, an enterprise can tokenize rights to future services or sales and offer them to customers via on-chain contracts.

    The mode bridged blockchain with traditional commerce to provide a new option for SMEs to access liquidity as investors gain exposure to RWA streams.

    The whitepaper highlighted:

    CRT isolates and tokenizes commercial rights of access and service. This enables commodities, services, and goods to be legally structured, accessed, exchanged, and monetized through blockchain infrastructure in a regulatory-compliant manner.

    Precisely, Avalon Labs is going beyond asset tokenization. It is tokenizing the rights that add value to those assets.

    AVL price outlook

    Avalon Labs’ native token decoupled from broader declines as the whitepaper sparked optimism.

    AVL soared roughly 16% from a daily low of $0.1436 to $0.1668 intraday peak.

    Its 24-hour trading volume surged 50% to signal trader enthusiasm.

    Nevertheless, it has cooled to $0.1570 as hype fades, possibly as bears rattled the overall cryptocurrency sector.

    Continued broader dups could see AVL erasing its latest gains before establishing a decisive trajectory.

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  • Shiba Inu releases concept art for $210B market

    Shiba Inu releases concept art for $210B market

    • The Shiba Inu team has released the first concept art of Dunes, another hub in its Metaverse.
    • Shiba Inu has previously released concept art for other hubs in its Metaverse.

    Shiba Inu has released the first concept art of another hub in SHIB: the Metaverse (Dune), according to a new announcement from the SHIB’s Metaverse development posted on the network’s blog. Dune is the newest hub in the SHIB: the Metaverse hubs.

    The SHIB Metaverse development team remarked that it released the Dune concept art to share the best reference points that align with the creative aspect and outlook of the hub.

    All the concept artworks for SHIB’s metaverse hubs are usually displayed in black and white images, and the Dunes hub is no exception. The SHIB team notes that the black and white images will enable users to have a feel of the integral role the hub will play in the Metaverse.

    In the blog post for the Dune announcement, Shiba Inu explained that “abstract artwork such as black and white sketches connotes a powerful, strong and physical potential.”

    The Dune design inspiration

    According to the announcement, several natural architectural masterpieces inspired the Dunes design concept artwork. Such locations include the Sahara Desert; the Sand Dune national park in Colorado, US; Namibia’s Sossusvlei Park; the Pyramids, Egypt and Dubai city (UAE).

    The development team also shared its inspiration source for the flora in the Dunes hub. The sources were Thorns, Welwitschia, Twigs, Nara Melons, Bushel, Camel Thorn Tree, and Twigs. According to the team, Elephants, Dune scorpions, Giraffes, Cheetahs, and Sidewinder Snakes inspired the Dune’s Fauna.

    Shiba Inu also shared how landowners in the Dune hub will feel. It said, “imagine yourself looking at wind-shaped mounds of sand, with more smooth sand particles adding to the already available mounds of sand. At the same time, you’re feeling a heat sensation.”

    Then, when a closer look reveals a unique oasis that is very extensive and adequately designed. It is similar to a modern, adventurous place with cooling waters and lots of shiny architecture.

    Shiba Inu also revealed that it would be hosting a fireside chat on Thursday, October 27, by 8 pm EST. The chat will take place on the official shibtoken discord channel, and potential Dune hub landowners can learn more about it and other details of the dog-themed project.

    Shiba Inu and its Metaverse

    Releasing a concept artwork for SHIB Metaverse’s Dune hub isn’t a first. SHIB: the Metaverse had previously released its first concept artworks for its other hubs, such as rocket Pond, Canyon, and WAGMI Temple.

    SHIB’s Metaverse project is one way Shiba Inu proves that there is more to this cryptocurrency project than being a memecoin. Hence, the team is making efforts to ensure the project’s short- and long-term success.

    For instance, it has hired some of the leading experts in the entertainment industry to promote the SHIB: the Metaverse project. Nevertheless, the good news has yet to impact SHIB’s price positively. It is down 0.48 percent in the last 24 hours and trades at $0.000010.



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