TikTok’s Move Into Web3 | Web3 Daily

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Keep in mind yesterday once we obtained all giddy about Web2 corporations partnering with crypto tasks as soon as once more?

Properly, when it rains, it pours…

ByteDance, TikTok’s dad or mum firm simply introduced a transfer into Web3!

In accordance with CoinTelegraph:

“In an announcement on April 17, BytePlus [the enterprise technology arm of ByteDance] defined the way it plans to make use of its present data and expertise in synthetic intelligence (AI) and knowledge warehousing to empower the Sui ecosystem, with a specific concentrate on Web3 gaming and SocialFi tasks.”

…cool. What the hell does that every one imply?

It’s obscure, however right here’s how we’re studying it — if you wish to:

A) Retailer your recreation or social platform’s knowledge someplace.

And/or…

B) Use ByteDance’s AI to reinforce the participant/person expertise

All whereas paying for these companies immediately by way of the blockchain…

Now you possibly can! All by way of the Sui community.

One other signal of excellent well being for the crypto area 🙂