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- 🖼️ Magic Eden launches Bitcoin NFT marketplace
🖼️ Magic Eden launches Bitcoin NFT marketplace
As Ordinal inscriptions continue to grow
Hey Waivly Crew! 🌊 Magic Eden has launched its own “fully audited” marketplace for Bitcoin Ordinals. Microsoft now lets users create AI images in Bing and Edge using DALL-E.
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Magic Eden launches Bitcoin NFT marketplace
Magic Eden, one of the largest cross-chain NFT platforms, has launched the first “fully audited” marketplace for Bitcoin Ordinals.
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.
Welcome to a new dawn. Magic Eden is now on Bitcoin.
Now, you can safely trade your favorite collectibles on the 1st audited marketplace with $BTC 🤝
Explore 70+ collections on our marketplace: bit.ly/3Z5sUjG
Don't forget to follow @MEonBTC!
— Magic Eden 🪄 (@MagicEden)
6:01 PM • Mar 21, 2023
"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.
“On Bitcoin, all media that is uploaded onto the chain cannot be changed or removed. “This simplicity is embraced by many creators who want to create true collectibles that are inscribed onto the chain.”
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.
The Ordinals protocol was introduced in January by former Bitcoin core contributor Casey Rodarmor. Since then, the popularity of Bitcoin Ordinals has surged.
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
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Tech Special
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.
Dubbed the “Bing 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.
The tool will also be available in Microsoft Edge, making it "the first and only browser with an integrated AI-powered image generator."
“By 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.
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:
“We have ensured OpenAI’s safeguards, plus additional protections, have been incorporated into Image Creator,” said Mehdi. “For 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.”
Microsoft also announced that new AI-powered visual stories and knowledge cards are now available to all Bing users.
Microsoft co-founder Bill Gates says that OpenAI's GPT AI model could be as revolutionary as the graphical user interface was in 1980.
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.
A few months later they revealed the results - a near perfect score, he said, missing only one mark out of 60.
"The whole experience was stunning," Gates wrote. "I knew I had just seen the most important advance in technology since the graphical user interface."
"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.
Gates also addressed concerns around AI, including the risk that humans will misuse it, as well as the possibility of a “super-intelligent” AI that could "establish their own goals" as technology advances.
In the workforce, Gates believes that AI will serve as a “digital personal assistant” that can draft emails, monitor schedules, and take notes.
These abilities will cause massive workplace shifts, which will encourage governments to “help workers transition into other roles,” he wrote.
However, he argued that the rise of AI will free people up to do things that software never will, such as “caring for patients and supporting the elderly.”
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.
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