Blockchain Game Momentum Builds With EON Foundation $5M Seed Round

June 7, 2018By rightstech

Six months after the CryptoKitties craze, momentum continues to build behind blockchain-based games and non-fungible crypto collectibles. EON Foundation, the blockchain games company and publisher of the Crypto Alpaca crypto-pet game, announced Thursday that it had secured $5M in seed funding for the development of its distributed blockchain video gaming platform.

Source: Blockchain Game Momentum Builds With EON Foundation $5M Seed Round

RightsTech Extra

AI Companies Get the Picture

By Paul Sweeting

One of the biggest challenges facing copyright owners in grappling with the rapid development of generative AI technology, apart from a murky legal status, has been market failure, as discussed here in previous posts. The amount of existing material needed to train gen-AI models is so great, and so varied, that gauging the value of any one piece of it to establish a market price for it for licensing purposes is often effectively impossible. One group of rights owners is finding willing buyers among AI companies, however. An active, albeit for various reasons mostly sotto voce market has begun to emerge for the use of images held in large photo archives and by photo agencies and social media platforms, complete with per-unit industry and at least a nod toward creator attribution... Read More >>

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