πDefinition of Terms
NFT: NFTs, short for non-fungible tokens, are distinct digital assets powered by blockchain technology. They offer verifiable digital scarcity, enabling secure ownership and transaction of unique items or pieces of content in the virtual economy.
Mining: Mining is the process that cryptocurrencies use to generate new coins and verify new transactions. It involves vast, decentralized networks of computers around the world that verify and secure blockchains β the virtual ledgers that document cryptocurrency transactions.
Staking: Crypto staking involves holding and validating cryptocurrency assets in designated accounts on a blockchain network to support the consensus mechanism. By doing so, investors contribute to maintaining the security and integrity of the network while earning rewards in return. With its potential for passive income generation and the opportunity to actively participate in blockchain governance, crypto staking presents a compelling alternative for investors seeking long-term growth and engagement within the cryptocurrency market.
NFR: Nonfunctional Requirements (NFRs) are system qualities that guide the design of the solution and often serve as constraints across the relevant backlogs.
IP: IP is short for βIntellectual Property,β and fictional characters are a type of IP. As such, IP Character Licensing is where a company legally purchases the right to use a famous character to help sell their merchandise through other manufacturers.
FF: FF which shorts for Firefly is U2 Union's important energy. Users can upgrade packages by FF (FF Price: 1 TRON = 120 FF)
P2O: Play-to-own is an evolution of the play-to-earn (P2E) blockchain-based gaming approach, gaining popularity in recent years. The P2O model for Web3 takes the concept of earning digital assets from gameplay introduced by P2E in a different direction, placing the emphasis on keeping ownership of the assets rather than selling them for a quick profit. In play-to-own games, the owner of the game has complete possession of the asset available in their account. It guarantees the player's ownership by converting items acquired through staking or purchasing into NFTs.
AI (Artificial intelligence): the ability of a digital computer or computer-controlled robot to perform tasks commonly associated with intelligent beings. The term is frequently applied to the project of developing systems endowed with the intellectual processes characteristic of humans, such as the ability to reason, discover meaning, generalize, or learn from past experience. Since the development of the digital computer in the 1940s, it has been demonstrated that computers can be programmed to carry out very complex tasks - such as discovering proofs for mathematical theorems or playing chess with great proficiency. Still, despite continuing advances in computer processing speed and memory capacity, there are as yet no programs that can match full human flexibility over wider domains or in tasks requiring much everyday knowledge. On the other hand, some programs have attained the performance levels of human experts and professionals in performing certain specific tasks, so that artificial intelligence in this limited sense is found in applications as diverse as medical diagnosis, computer search engines, voice or handwriting recognition, and chatbots.
3D (AI Rendering): In this era of technological advancements, Artificial Intelligence (AI) has emerged as a game-changer across various industries, and the field of 3D rendering is no exception. With its ability to analyze vast amounts of data, process complex algorithms, and learn from experience, AI has revolutionized the world of 3D rendering, making it faster, more efficient, and incredibly realistic.
The integration of generative AI into 3D design is transforming the way 3D scenes are created, animated, and used across global industries. AI's ability to analyze data quickly and generate sophisticated 3D models with realistic textures and materials is opening up a new world of possibilities.
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