The managing director of Cronos Labs, Ken Timsit, believes that the use of artificial intelligence (AI) is accelerating the adoption of blockchain technology, specifically in the web3 gaming sector. Timsit, who leads Cronos Labs’ accelerator program for web3 startups, highlights the importance of community management and the use of non-fungible token (NFT) launches in conveying a narrative and mobilizing fans. He also notes that game creators are using AI to enhance the gaming experience. However, Timsit warns of the potential dark side of AI in blockchain games, particularly in relation to fraudulent practices and the use of bots to disrupt the in-game economy.
The article also mentions the recent price increase (+4%) of the cryptocurrency asset Cronos (CRO) in contrast to the bearish market trend experienced by other major crypto assets such as Bitcoin, Ethereum, Binance Coin, and Ripple. Despite being on the list of crypto assets nearing death, according to a HedgewithCrypto index, Cronos (CRO) has shown resilience and continues to perform well in the market.
AI Boosts Blockchain Adoption in Web3 Games
According to Ken Timsit, the increasing use of AI technology in web3 games demonstrates the accelerated adoption of blockchain. Cronos Labs, through its accelerator program, supports startups specializing in decentralized finance (DeFi) and blockchain games. Timsit emphasizes the importance of community management and the use of NFT launches to engage fans and ensure the quick marketability of new products. He also highlights the integration of AI in games, making them more interesting for players.
The Dark Side of AI in Blockchain Games
While the combination of AI and blockchain in web3 games offers promising opportunities, Timsit warns of potential negative practices enabled by AI. He mentions the use of bots by players to disrupt the in-game economy, which is a challenge for game companies aiming to create a fair and balanced gaming environment. Timsit notes that large game companies have been investing in AI-based prediction engines to combat bots but raises concerns over the effectiveness of new AI models, such as generative AI, in bot detection. He suggests that AI can be used to alter the game’s balance, negatively impacting the overall gaming experience.
Cronos (CRO) Bucks the Trend with Price Pump
In contrast to the bearish market trend experienced by most major cryptocurrencies, Cronos (CRO) has shown resilience and registered a +4% price increase in the past 24 hours. While Bitcoin, Ethereum, Binance Coin, and Ripple have experienced a decline, Cronos (CRO) has performed well. Despite being included in the list of crypto assets nearing death, Cronos (CRO) has defied expectations and continues to show market resilience. The current price of CRO stands at $0.053, with a significant increase in trading volume over the past 24 hours.
Conclusion
Ken Timsit’s views on the use of AI in web3 games highlight the potential of AI in accelerating the adoption of blockchain technology. However, he also warns of the dark side of AI, particularly in terms of fraudulent practices and disruptions to the in-game economy caused by bots. The positive performance of the cryptocurrency Cronos (CRO) in the market, despite being on the list of assets nearing death, reflects its resilience and defies market expectations..
#Cronos #Labs #growing #accelerated #adoption #blockchain
The article also mentions the recent price increase (+4%) of the cryptocurrency asset Cronos (CRO) in contrast to the bearish market trend experienced by other major crypto assets such as Bitcoin, Ethereum, Binance Coin, and Ripple. Despite being on the list of crypto assets nearing death, according to a HedgewithCrypto index, Cronos (CRO) has shown resilience and continues to perform well in the market.
AI Boosts Blockchain Adoption in Web3 Games
According to Ken Timsit, the increasing use of AI technology in web3 games demonstrates the accelerated adoption of blockchain. Cronos Labs, through its accelerator program, supports startups specializing in decentralized finance (DeFi) and blockchain games. Timsit emphasizes the importance of community management and the use of NFT launches to engage fans and ensure the quick marketability of new products. He also highlights the integration of AI in games, making them more interesting for players.
The Dark Side of AI in Blockchain Games
While the combination of AI and blockchain in web3 games offers promising opportunities, Timsit warns of potential negative practices enabled by AI. He mentions the use of bots by players to disrupt the in-game economy, which is a challenge for game companies aiming to create a fair and balanced gaming environment. Timsit notes that large game companies have been investing in AI-based prediction engines to combat bots but raises concerns over the effectiveness of new AI models, such as generative AI, in bot detection. He suggests that AI can be used to alter the game’s balance, negatively impacting the overall gaming experience.
Cronos (CRO) Bucks the Trend with Price Pump
In contrast to the bearish market trend experienced by most major cryptocurrencies, Cronos (CRO) has shown resilience and registered a +4% price increase in the past 24 hours. While Bitcoin, Ethereum, Binance Coin, and Ripple have experienced a decline, Cronos (CRO) has performed well. Despite being included in the list of crypto assets nearing death, Cronos (CRO) has defied expectations and continues to show market resilience. The current price of CRO stands at $0.053, with a significant increase in trading volume over the past 24 hours.
Conclusion
Ken Timsit’s views on the use of AI in web3 games highlight the potential of AI in accelerating the adoption of blockchain technology. However, he also warns of the dark side of AI, particularly in terms of fraudulent practices and disruptions to the in-game economy caused by bots. The positive performance of the cryptocurrency Cronos (CRO) in the market, despite being on the list of assets nearing death, reflects its resilience and defies market expectations..
#Cronos #Labs #growing #accelerated #adoption #blockchain
