Keanu Reeves recently expressed his disdain for new tech innovations like crypto and NFTs in an interview with The Verge, where he mocked the concept of digital scarcity.
He has since shifted his position on crypto and NFTs, now serving as an advisor for Futurverse, a startup platform which specializes in NFTs and art in the Metaverse. He is working alongside his partner Alexandra Grant on this venture.
The Futureverse Foundation
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About a month ago, Non-Fungible Labs and Keanu Reeves unveiled The Futureverse Foundation: a charitable initiative designed to support underrepresented artists and creative communities. Through an application process, grants will be distributed based on nominations. Furthermore, FLUF World members are invited to bring causes they would like seen supported by this foundation.
The charity program is part of an ambitious vision to create a metaverse built upon non-fungible tokens (NFTs), blockchain technology and web 3. These tools will be integrated through a decentralized network optimized for user safety that brings identity, artificial intelligence, communications and payments under one roof. Furthermore, the company plans on creating rich content which will foster powerful community network effects.
McDonald explained how this integration of infrastructure will make it simpler for users to explore the metaverse and create new content. It will enable them to generate non-fungible tokens with artistic value that can be separated from speculative assets, making the metaverse more accessible overall.
Grant, Reeves and Brooke Howard-Smith are aiding artists involved in traditional 2D creator platforms and 3D models to translate their works into NFTs that will be sold within the metaverse. The aim is to demonstrate that NFTs possess real artistic value and can democratize art trading across both physical and digital worlds.
Furthermore, NFTs can be translated into other media such as video and audio, giving artists who prefer traditional two- and three-dimensional mediums a way to enter the metaverse, as well as those who would prefer working in virtual space but lack the skillset to translate their work into NFTs.
The Futureverse Foundation will serve as a repository for the company’s non-fungible tokens, which are digital objects secured by blockchain technology but without material or tangible value. They hope these non-fungible tokens will demonstrate that fine art has its place in Web 3, the next evolution of Internet.
Non-Fungible Tokens (NFTs)
Non-Fungible Tokens (NFTs) are an innovative digital asset that can be stored on a blockchain network. These tokens are unique and cannot be replicated, making them highly secure and versatile.
NFTs are an exciting development in the blockchain world, bringing with them many advantages for the industry. People can own their digital assets without worrying about cryptocurrency volatility and creators can easily sell their work and earn royalties through NFTs.
NFTs are unique digital tokens that can be used to represent assets such as art, music and more. Once created, these NFTs can then be stored and traded on an NFT exchange.
These NFTs are distinctive due to their minting number and special features. This ensures that no two Crypto Kitties with identical values could ever be sold at once.
As a result, NFTs are becoming more and more commonplace. They can represent various things like digital art or virtual land, giving investors the chance to invest in digital assets without being subject to the volatility of cryptocurrencies.
There are various kinds of NFTs, but the most popular type is the 1/1 token. This special NFT can only be obtained in limited amounts and purchased using Ether.
Another type of Non-Fungible Token (NFT) is the semi-fungible token, which has a higher quantity than 1/1 tokens and can be used for gaming items, membership passes and more.
NFTs are an exciting development in the blockchain world, as they can represent a wide variety of items including art, music and more. You could even use these NFTs to store and trade tickets for concerts or airline tickets. NFTs also provide creators with royalties as they can be programmed automatically to calculate them and ensure you receive payment when selling your work.
The Matrix Resurrections
After almost 60 years since The Matrix Revolutions ended, Neo (Keanu Reeves) and Trinity (Carrie-Anne Moss) are back alive in The Matrix Resurrections. While the original trilogy explored the dangers of virtual reality, Resurrections takes a different path – offering up a more optimistic vision of our environment.
The new film emphasizes grounding exercises and cognitive processing therapy. These are similar to techniques employed in mental health programs that seek to separate traumatic thoughts from what’s actually occurring in the real world.
It also emphasizes the significance of finding balance in both personal and professional lives. When Neo starts off in the film, he struggles with distinguishing reality from virtuality. Through therapy sessions, however, he learns to differentiate between his reality and that of The Matrix, giving him back control of his life once more.
Reeves recently joined The Futureverse Foundation, a digital art charity founded by Non-Fungible Labs and Fluf World that strives to give opportunities for artists from various perspectives and backgrounds to create new works of art in the metaverse. Through this initiative, Reeves hopes to foster inclusivity within art creation within this virtual realm.
Keanu Reeves and Carrie-Ann Moss discussed the role of technology in connecting physical and virtual worlds during an interview with The Verge. Additionally, they touched upon cryptocurrency, NFT collectibles, and the concept of digital scarcity.
Reeves recently revealed that he “owns” a piece of cryptocurrency, having had it purchased by his friend back in 2012. But the actor questioned if the asset was worth what he paid for it, declaring: “No.”
He then laughed off the notion of NFTs being easily replicable, asserting that “they usually are.”
Reeves is enthusiastic about NFTs and their potential to revolutionize various industries, but he is concerned about how this technology could be abused to gain control over others. He fears that the industry may become controlled by a corporation which “isn’t beneficial for the people.”
Keanu Reeves
Keanu Reeves, star of blockbusters like “The Matrix” and “John Wick,” is not only a crypto enthusiast but has recently taken an interest in NFTs (Networked Transactions). After initially being skeptical, Reeves is now an advisor for digital art charity The Futureverse Foundation as well as supporting NFT initiatives Non-Fungible Labs and Fluf World.
Recently, Reeves spoke to Wired about cryptocurrency as a great means for exchange and distribution of resources. He noted that these technologies have the potential to revolutionize how money is managed and people are connected; yet he’s concerned they could become controlled by large corporations.
Reeves hasn’t purchased any NFT tokens personally, but he is an active participant in the cryptocurrency community and often holds onto digital assets. In fact, some of his friends own NFTs and have generously gifted them to him.
He has also joined The Futureverse Foundation, a digital art charity that provides funding to artists pursuing careers in NFT technology. Backed by Non-Fungible Labs and Fluf World, this initiative seeks to make the metaverse accessible to more people – particularly those from disadvantaged backgrounds.
Reeves’ wife and fellow Futureverse Foundation advisor Alexandra Grant states that the charity aims to introduce diverse artists to NFTs and the metaverse. It is a joint venture between Reeves and Grant, with Non-Fungible Labs and Fluf world playing an instrumental role in its launch.
Over the past few years, the NFT industry has grown rapidly. Celebrities, pop-stars, sports players and even political figures have taken interest in these unique collectibles. This form of manufactured scarcity is becoming more mainstream and has caused much debate within media circles; some criticizing it as an elitist scam by corporate elite to control access to certain things.
Reeves’ sudden switch to NFTs should come as no shock; after all, he has never been one to shy away from new technology.