• Waivly
  • Posts
  • πŸ–ΌοΈ Magic Eden launches Bitcoin NFT marketplace

πŸ–ΌοΈ Magic Eden launches Bitcoin NFT marketplace

As Ordinal inscriptions continue to grow

β€Žβ€Žβ€β€β€Ž β€Žβ€Žβ€Žβ€Žβ€β€β€Ž β€Žβ€Ž

β€Ž

Hey Waivly Crew! πŸŒŠ Magic Eden has launched its own β€œfully audited” marketplace for Bitcoin Ordinals. Microsoft now lets users create AI images in Bing and Edge using DALL-E.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

Want more from us at Waivly? Join Waivly+, the premium Waivly membership that gives you exclusive Web3, NFT, and crypto content, insights, and news, full access to Waivly Jobs and Learn, and so much more, all blended together into one super low-cost and quick to join membership πŸŽ‰ Click here to get onboard and to become a Waivly+ Crew member! Enjoy a huge 50% off saving on your membership by joining today.

Magic Eden launches Bitcoin NFT marketplace

.

Magic Eden, one of the largest cross-chain NFT platforms, has launched the first β€œfully audited” marketplace for Bitcoin Ordinals.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

Traders on Magic Eden will be able to purchase digital artifacts - or NFTs - minted on satoshis within the Bitcoin blockchain. To help them do so, the company is integrating support for non-custodial wallets Hiro and Xverse.

"Adding a Bitcoin marketplace is really exciting for our team, considering it is the grandfather of all blockchains and we are all passionate about blockchain. Bitcoin Ordinals bring a whole new dimension into the universe of NFTs,” Magic Eden CEO Jack Lu said in a press release.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

β€œOn Bitcoin, all media that is uploaded onto the chain cannot be changed or removed. β€œThis simplicity is embraced by many creators who want to create true collectibles that are inscribed onto the chain.”

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

For Magic Eden’s beta launch of its Bitcoin Marketplace, it selected 13 collections to partner with, including Taproot Wizards, Inscribed Pepes, and Bitcoin Bandits.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

The Ordinals protocol was introduced in January by former Bitcoin core contributor Casey Rodarmor. Since then, the popularity of Bitcoin Ordinals has surged.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

According to data from Dune analytics, between February 1st and March 1st, the total number of Bitcoin Ordinals inscriptions rose from 679 to 243,419. As of March 22nd, a total of 571,384 have been inscribed.

The Waves

🌊 Sony files patent for NFT use, transfer, and sales

🌊 OpenAI CEO says AI will create better jobs

🌊 The Simpson’s Marge wears Bitcoin earrings

🌊 Adobe enters the generative AI game with Firefly

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

Discover more Waves in the Waivly Discord. Click here to get onboard! 🌊

Tech Special

Image of user asking Bing to create picture of astronaut

Microsoft announced Tuesday that its AI-enabled Bing will now allow users to generate images with Bing Chat. This new feature is powered by DALL-E, OpenAI’s generative image generator. 

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

Dubbed the β€œBing Image Creator,” this new capability is rolling out to users in the Bing preview and will initially only be available through Bing’s Creative Mode.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

The tool will also be available in Microsoft Edge, making it "the first and only browser with an integrated AI-powered image generator."

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

 β€œBy typing in a description of an image, providing additional context like location or activity, and choosing an art style, Image Creator will generate an image from your own imagination,” explained Yusuf Mehdi, Microsoft’s head of consumer marketing.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

After Microsoft's Bing chatbot was unleashed on the world last month, users quickly discovered it was 'unhinged.' With this release, Microsoft ensured that things will go smoother:

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

β€œWe have ensured OpenAI’s safeguards, plus additional protections, have been incorporated into Image Creator,” said Mehdi. β€œFor example, we have put controls in place that aim to limit the generation of harmful or unsafe images. When our system detects that a potentially harmful image could be generated by a prompt, it blocks the prompt and warns the user.”

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

Microsoft also announced that new AI-powered visual stories and knowledge cards are now available to all Bing users. 

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

.

Microsoft co-founder Bill Gates says that OpenAI's GPT AI model could be as revolutionary as the graphical user interface was in 1980.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

In a blog post on Tuesday, Gates wrote that he challenged the OpenAI team in mid-2022 to develop an artificial intelligence model that could pass the Advanced Placement Biology exam.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

A few months later they revealed the results - a near perfect score, he said, missing only one mark out of 60.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

"The whole experience was stunning," Gates wrote. "I knew I had just seen the most important advance in technology since the graphical user interface."

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

"The development of AI is as fundamental as the creation of the microprocessor, the personal computer, the Internet, and the mobile phone. It will change the way people work, learn, travel, get health care, and communicate with each other. Entire industries will reorient around it. Businesses will distinguish themselves by how well they use it," he continued.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

Gates also addressed concerns around AI, including the risk that humans will misuse it, as well as the possibility of a β€œsuper-intelligent” AI that could "establish their own goals" as technology advances.

β€Žβ€Žβ€β€β€Ž β€Žβ€Žβ€Žβ€Žβ€β€β€Ž β€Žβ€Ž

In the workforce, Gates believes that AI will serve as a β€œdigital personal assistant” that can draft emails, monitor schedules, and take notes.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

These abilities will cause massive workplace shifts, which will encourage governments to β€œhelp workers transition into other roles,” he wrote.

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

However, he argued that the rise of AI will free people up to do things that software never will, such as β€œcaring for patients and supporting the elderly.”

β€Žβ€Žβ€β€β€Ž β€Žβ€Ž

This prediction comes days after Microsoft introduced a new AI-powered Co-pilot for its Microsoft 365 apps, designed to assist users with generating documents, emails, presentations, and much more.

Get ClickUp for freeβ€”no credit card needed!

One tool does it allβ€”ClickUp offers all the features you need in one platform: Tasks, Docs, Whiteboards, Dashboards, Goals… and more! Switch today to explore our 100% customizable features! Sign up and switch to ClickUp in minutes.

Waivly Jobs Highlights

πŸ‘©β€πŸ’» Head of Community Growth at Linera

πŸ‘©β€πŸ’» Senior DevOps Engineer at Web3Auth

πŸ‘©β€πŸ’» Social Media Coordinator at IDR

πŸ‘©β€πŸ’» Blockchain Engineer at Overmind

Share the Waivly newsletter with your friends

That wraps up today's newsletter. Thank you for reading through, and we hope you liked today's content. Know someone else who would enjoy this newsletter just as much as you do? Send them to our website and get them onboard the Waivly Crew. Get more from us on TwitterInstagram, and LinkedIn.

β€Žβ€Žβ€β€β€Ž β€Ž

Want more from us at Waivly? Join Waivly+, the premium Waivly membership that gives you exclusive Web3, NFT, and crypto content, insights, and news, full access to Waivly Jobs and Learn, and so much more, all blended together into one super low-cost and quick to join membership πŸŽ‰ Click here to get onboard and to become a Waivly+ Crew member! Enjoy a huge 50% off saving on your membership by joining today.

β€Žβ€Žβ€β€β€Ž β€Ž

*Waivly+ is the premium Waivly membership. Join at anytime by clicking β€œSubscribe” on the Waivly website, and cancel anytime by heading to your account on Waivly.

*The ClickUp section of this newsletter is an advertisement.

Join the conversation

or to participate.