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Gulf Press > Uncategorized > Web3 Community Celebrates The Olympics In The Metaverse and Beyond
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Web3 Community Celebrates The Olympics In The Metaverse and Beyond

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Last updated: 2024/08/03 at 4:07 AM
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The Web3 community is playing a significant role in bringing the 2024 Olympics to life digitally through various projects and initiatives. With the help of blockchain technology, this year’s Olympic event is set to be the most inclusive and accessible yet. One of the key projects driving this digital transformation is The Sandbox, a Paris-based Metaverse company that has launched several activations to celebrate the games. These include The Sandbox Team Uniforms, an in-game athletic competition, and The City Jam, a game that immerses players in a Metaverse-version of Paris during the Olympics.

The Olympic-themed activations in The Sandbox have already garnered significant attention, with 25,000 visits and 400,000 minutes of playtime logged by users. The platform’s partnership with Hermit Crab Game Studio has also resulted in the creation of Sports Land Hub – Vila do Brasa, a virtual experience honoring Team Brazil. In addition to The Sandbox’s initiatives, a new NFT gallery called Artverse has opened in Paris, showcasing NFT artworks that capture the energy and spirit of the games through digital media. Artists like Tommy Hollenstein and Foodmasku are featured in the gallery, exploring the intersection of digital art and the Olympic spirit.

The theme of bringing marginalized people to the forefront is emphasized in the Artverse gallery, with works that convey the accessibility and equality of art for everyone. All artworks for sale are authenticated as NFTs using TRACE chips, a technology that ensures ownership and authenticity while lowering the barrier for entry into the world of digital art. The current exhibition at Artverse will be open during the Olympic and Paralympic periods, with plans to extend the gallery into The Metaverse for global access in the future.

In addition to The Sandbox and Artverse, CUDIS, a Web3 fitness ring company, has introduced its Web3-enabled smart ring at the Olympics. Athletes wearing the CUDIS ring have access to tools to track their performance and earn crypto rewards, highlighting the integration of Web3 technology into the sporting world. The CUDIS Pro Athlete Ambassador Program, which includes athletes like Kate Knifton from Team USA, promotes wellness and community building within the Web3 space. The CUDIS ring’s AI coach feature has been particularly beneficial for athletes like Knifton, providing personalized recommendations for sleep and rewarding consistent use of the ring.

Overall, the collaboration between the Web3 community and the 2024 Olympics is transforming the way we experience and engage with the games. From virtual activations and NFT artworks to Web3-enabled fitness tools, this year’s Olympic event is setting new standards for inclusivity, accessibility, and innovation. As the digital landscape continues to evolve, the intersection of blockchain technology, the Metaverse, and Web3 initiatives is reshaping the future of major events like the Olympics, opening up new possibilities for global participation and engagement.

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News Room August 3, 2024
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