🤖 Nigeria pushing AI agenda

All Things Flooz newsletter is for innovators, creators and traders.

Flooz

6 min read Sep 1, 2023


Talking points

  • 🤖 Nigeria pushing AI agenda

  • 📈 Worldcoin Argentina success

  • 🕹 Gaming giant enters Web3

👀 Quick market outlook

Well... what an interesting week. Not only did we see a rise to almost $28k, we also saw some positive news surrounding the SEC and Grayscale which is suspected to be the reason for the climb as it involves ETFs again.

Anyway... let's see what we could see next from the market 👇

It seems we we have a very important level to hold now which is above $24.8k. If we see a bigger drop from there, we could see a more devastating fall.

But as usual, we aren't there yet, so let's focus on what we can control. Have a plan and stick to it.

🤖 Nigeria pushing AI agenda

Nigeria is stepping onto the world stage of artificial intelligence with a resounding call to scientists of Nigerian heritage and renowned global experts. The goal? To orchestrate the nation's groundbreaking National Artificial Intelligence (AI) Strategy.

In a tweetstorm that echoed across the digital realm, Bosun Tijani, the dynamic Minister of Communications, Innovation, and Digital Economy, revealed that the National Information Technology Development Agency (NITDA) is taking the helm in sculpting this ambitious AI roadmap. Picture this: minds of genius from various corners of the globe converging in the pursuit of AI excellence right at the heart of Nigeria.

So, what’s the big idea? Brace yourselves for a transformational journey that promises to redefine how Nigeria tackles its pressing challenges through cutting-edge technology. The government's co-creation playbook is getting an exciting twist as it enlists an all-star cast of AI luminaries, especially those with Nigerian roots, to collaborate on solutions that can reshape the nation's future.

But why the buzz around AI?

Well, it's not just about futuristic robots and sci-fi dreams, as fun as that would be... The Nigerian government knows AI is more than that. It's a game-changer that can supercharge industries, turbocharge services, and elevate society as a whole. According to PricewaterhouseCoopers, AI is gearing up to inject a whopping $15.7 trillion into the global economy by 2030, with a significant chunk attributed to innovative products and services.

The journey to this AI uprising is paved with fascinating insights. The minister's tweet tipped us off about a white paper named “Co-creating a National Artificial Intelligence Strategy for Nigeria.” This masterstroke used AI itself – talk about eating your own AI-cooked recipe! – to zero in on the crème de la crème of AI researchers of Nigerian origin. Think of it as a high-tech treasure hunt, identifying the wizards reshaping the AI landscape.

Remember the “h-index” used in academia? Well, a bespoke research index was created, acting as a compass to find the stars guiding AI's trajectory. But that's not all, dear reader. The Nigerian government is raising the curtains on a participatory stage. They're throwing the doors open to the public, acknowledging the occasional stumble and putting collective intelligence to work in refining this groundbreaking strategy.

And if that's not enough to set your innovation gears whirring, news from the local grapevine tells us that Kashifu Inuwa, the maestro directing NITDA's symphony, has grand plans. He's rolling out AI developer communities, igniting technological sparks that will set the country ablaze with brilliance. Starting in three states in 2023, this movement will soon snowball, covering the entire nation in a digital tapestry of AI-inspired marvels.

So it seems that we could be about to see some extremely exciting times for Nigeria who are venturing into the future and they certainly don't look like holding back. Let's see how this plays out, but either way it is some welcomed innovation and could have a part on their future, especially in the Web3 space.

📈 Worldcoin Argentina success

Worldcoin is back at it again, and this time the human ID project saw an incredible surge in users from Argentina despite heavy backlash.

This unique project managed to accomplish the seemingly impossible with it enlisting a staggering 9,500 users in Argentina within just one day this August. Hold on to your jaw, because this equates to a mind-blowing onboarding pace of less than nine seconds per person! This astonishing achievement marked a record-breaking triumph, and the project proudly spilled the beans about it in a riveting announcement on August 31.

So, what's Worldcoin all about?

Imagine proving you're human with a simple iris scan. That's the magic behind this blockchain-backed wizardry. Users who pass the test are granted a coveted "World ID." Think of it as your golden ticket to the future – a surefire way to distinguish yourself from pesky bots and cunning artificial intelligence programs. This trailblazing venture was birthed by none other than Sam Altman, a co-founder of OpenAI. He foresaw the inevitable need for human IDs as AI evolves and mingles more seamlessly with humanity.

Of course, no groundbreaking innovation comes without a dose of controversy. Worldcoin faced its fair share of scrutiny, with data privacy advocates raising concerns about centralization and potential data leaks. Critics argued that user biometric data might find its way into the wrong hands, triggering unfavorable consequences.

But wait, the story doesn't end there…

Despite the flares of criticism, Argentinians flocked to sign up for World IDs with fervor. The Worldcoin team proudly reported a surge in demand for World ID verifications not just in Argentina, but worldwide. And the proof was in the numbers – an awe-inspiring 9.5K Argentinians took the plunge, verifying their World IDs in a single day. This rush even propelled the Worldcoin app to the dizzying heights of the number one spot on Argentina's App Store charts.

Now, let's talk currency. Worldcoin showers its new users with a native coin called Worldcoin. With a generous sign-up bonus of 25 Worldcoin, users are set to pocket an impressive 10,239.48 Argentine pesos or approximately $29.25 in the open market. Back on launch day, the bonus reached new heights, hitting a staggering value of about 23,791 ARS or $68. That's the kind of magic that only blockchain and a dash of innovation can conjure!

In the heart of Argentina, Worldcoin is making waves, sparking conversation, and igniting curiosity. The fusion of technology and humanity has never looked this thrilling. So, fasten your seatbelts and stay tuned – the journey of identity evolution is far from over.

🕹 Gaming giant enters Web3

Ladies and gentlemen, gamers and visionaries, a thrilling new chapter is unfolding in the world of interactive entertainment... Not literally but you get the point. Gaming juggernaut Zynga, under the wings of Take-Two Interactive, steps into the tantalizing realm of Web3.

Known for its iconic FarmVille series, Zynga is no stranger to game-changing moves. But this time, they've gone above and beyond, birthing a fresh offshoot studio: Zynga Web3, affectionately known as ZW3. And what's the headliner? A captivating universe named Sugartown that's destined to transcend mere video games.

Picture this… a cross-media world that's more than a gaming platform, instead it's a canvas of possibilities, a convergence of imagination and technology. The whimsical teaser video unveils charming, cartoonish creatures that beckon us into a realm that might hold more than what meets the eye. In fact, it's reminiscent of scenes from a blockbuster Netflix series. Could we be witnessing the birth of an animated sensation featuring these adorable Sugartown denizens?

Hold onto your seats, because Sugartown is set to dazzle with its debut NFT collection named Oras. These digital treasures are set to unlock the gateways to the forthcoming games within this vibrant universe. The excitement is palpable as ZW3 collaborates with diverse communities to weave the threads of these alluring NFTs. It's a fusion of technology, art, and innovation – a symphony of ideas for those who dare to dream beyond convention.

But could this be a mere preamble to grander things?

Speculation abounds, and rightfully so. Imagine if the resounding success of this Web3 endeavor casts a bright spotlight on the other heavyweights under the Take-Two Interactive umbrella. Could we be daring to dream of the likes of Grand Theft Auto, Red Dead Redemption, and NBA 2K taking the plunge into the Web3 wonderland? The possibilities are as vast as the digital realms we're venturing into.

Zynga's foray into Web3 with Sugartown is not just a new franchise; it's a pivotal moment in the evolution of gaming. As we eagerly await more reveals from this mystical universe, let's keep our eyes on the horizon... a horizon that's painted with pixels, powered by dreams, and poised to redefine entertainment as we know it as this could be a defining factor for others entering the Web3 space if successful.

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