• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
      • Non Gamstop Casinos
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best crypto casino
Breaking News: KyberSwap Hacker Demands Full Control, Sets December 10th Deadline
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
      • Non Gamstop Casinos
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best crypto casino
Bitcoinist.com
No Result
View All Result
Breaking News: KyberSwap Hacker Demands Full Control, Sets December 10th Deadline
Wakatta

Wakatta Partners with Roborace to Integrate Upgradable NFTs into Racing Metaverse Platform

Bitcoinist by Bitcoinist
2 years ago
in Industry
0

Wakatta, an NFT-focused blockchain developed by Sensorium, has announced a partnership with Roborace, the world’s first driverless series for full-size racing cars driven solely by onboard software systems, which also introduces to motorsport the dynamic mixed reality named Roborace Metaverse. The characters and objects of this metaverse are the subjects to become sellable NFT assets.

Together, the companies will explore the implementation of Wakatta’s innovative features, including new types of NFTs that are fully upgradable, time-limited and non-hashed, across the Roborace Metaverse.

As part of the partnership, Roborace users will have access to Wakatta-backed upgradable and social NFTs linked to in-platform assets. In addition, Wakatta will facilitate the trading of NFTs and services tied to NFT smart contracts, among other offerings.

Upgradable NFTs represents the latest technological advancement in blockchain and have been carefully engineered to unleash exciting applications and bring forward a range of new opportunities to both digital and real-life environments.

“We designed Wakatta to meet the challenges of the future and we’re thrilled to be joining forces with an ambitious and tech-forward company like Roborace to accelerate impact. Our platform makes this possible by providing our partners with brand new NFT types on top of a first-class network. Moreover, the launch of this partnership certainly speaks to the power of innovative offerings, like upgradable NFTs, and we’re looking forward to seeing how the Roborace community will benefit from them”, says Alex Blagirev, Wakatta’s Project Lead.

Roborace was created to accelerate the development of autonomous driving systems by pushing the technology to its limits in a range of controlled environments. Since the start of its second testing season, dubbed Season Beta, the company has introduced mixed reality elements to its racing teams and fans. These include virtual objects to avoid or collect, and conditions on the track that Roborace’s cars have to adjust to during races. The self-driving software sees these objects as real data coming from onboard sensors, so this platform allows running road-relevant extreme scenarios to challenge the robotic cars. The visual representation of these objects is new for every racing mission in the competition season. So when the mission is accomplished these objects can be bought by fans as the NFT assets.

“Innovation is a core tenant for Roborace. We developed the Roborace Metaverse to combine the best of real-world racing with the endless opportunities of virtual worlds. We’re always in search of cutting-edge technology to incorporate into our cars and now, of course, also into our metaverse. Thanks to our partnership with Wakatta, we will be able to expand our digital reach and offer our fans new ways in which they participate in the community and help build the Roborace Metaverse”, added Mike Sokolov, Head of Roborace.

With this partnership, Roborace becomes the second company to integrate Wakatta. Recently, Sensorium announced that it would be using the NFT-focused blockchain to power Sensorium Galaxy, its high-quality entertainment metaverse built in collaboration with Jay-Z’s Roc Nation and artists like David Guetta and Armin van Buuren.

Wakatta was developed by Sensorium DLT, a division of Sensorium, to serve the needs of the entertainment industry through innovative NFT types and a set of growth-oriented business solutions.

Aside from its unique set of new NFT types, Wakatta will also deliver additional growth-focused features such as Ethereum Virtual Machine compatibility, on-chain NFT auctions, multi-role assignments for Dapps, customizable onboarding mechanics for digital environments, algorithmic incentives for validators, among many others.

The Incentivized Testnet launch of Wakatta is scheduled for November 2021.

About Wakatta

Wakatta is an NFT-focused blockchain for the entertainment industry pioneering new types of non-fungible tokens: upgradable, time-limited, and non-hashed NFTs. From securing digital identities to facilitating creative collaborations, these tools unlock new possibilities for gaming, sports, fashion, art, and luxury companies.

Wakatta is now working with top-tier partners to showcase the potential of its technology. The incentive testnet launch is scheduled for November 2021.

About Sensorium

Founded in 2018 with the sole support of Forbes-listed billionaire Mikhail Prokhorov, Sensorium Corporation oversees the technological and business development of Sensorium Galaxy’s digital metaverse and powers it with a wide range of events and experiences through top-tier global content and technology partnerships.

Since its foundation, Sensorium Corporation has raised over $100 million in private investments, making it one of the world’s best-funded startups in the VR space.

About Roborace

Roborace is the world’s first motorsport competition of full-size AI-racing robots in a mixed reality where coding teams from different countries all go for the win. In 2019, the Alpha series held six events that drove over 36 million multi-channel video views. Roborace also set the Guinness World Record for having the fastest autonomous car in the world. The Robocar reached a speed of 282.42 km/h (175.49 mph). In September 2020, Roborace commenced its Beta series with six competing teams taking place at various locations, featuring 12 races and involving mixed-reality elements dubbed “Roborace Metaverse.”

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

Bloomberg Analyst Says SEC To Approve All Spot Bitcoin ETFs In January 2024; Bitcoin and Ripple Are Tokens To Monitor

Bloomberg Analyst Says SEC To Approve All Spot Bitcoin ETFs In January 2024; Bitcoin and Ripple Are Tokens To Monitor

2 hours ago
A New Token That Is Gaining Massive Attention From Bitcoin (BTC) and Chainlink (LINK) Whales – The Untold Story Revealed

A New Token That Is Gaining Massive Attention From Bitcoin (BTC) and Chainlink (LINK) Whales – The Untold Story Revealed

2 hours ago
New Altcoins Unique Token Burn Utility To Rival Ripple and Ethereum’s utility

New Altcoins Unique Token Burn Utility To Rival Ripple and Ethereum’s utility

1 day ago
Breaking; Dogecoin Moon Mission Gets Approval, Shiba Inu Burn Rate Spikes 500,000%

Breaking; Dogecoin Moon Mission Gets Approval, Shiba Inu Burn Rate Spikes 500,000%

1 day ago
Solana Hits New Daily Transaction Record, Analyst Shares Bullish Price Prediction for Ethereum

Solana Hits New Daily Transaction Record, Analyst Shares Bullish Price Prediction for Ethereum

2 days ago
7 New Cryptocurrency To Invest In 2024

7 New Cryptocurrency To Invest In 2024

2 days ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit
Inmerion
Inmerion

Press Releases

  • Wish You’d Invested in BTC and ETH Sooner? Experts Say...

    4 hours ago
  • Market Rallies Post-Holiday. Fake-Out or Are Bulls Back in...

    6 hours ago
  • The Best Altcoins to Invest in? Cardano, Polygon, and...

    1 day ago
  • Top 3 Affordable Cryptos Worth Buying Next Week

    1 day ago
  • 3 High Growth Cryptos To Buy Now

    1 day ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
      • Non Gamstop Casinos
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best crypto casino

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.