The Digital Pets Company reported on Tuesday (April 12) that it will debut an artificial intelligence (AI) -powered 3D digital dog as a companion.
Dogs are protected as non-fungible tokens (NFTs) and become unique digital items.
According to the report, the company combines AI, extended reality, and blockchain technology to build a “continuous, two-way emotional relationship” with virtual beings across a variety of apps and games.
Dogs have a unique look and personality. And all of that comes through startup’s proprietary PetOS technology.
Digital Pets Company has raised pre-seed funding to support the commercialization of the technology.
The mission of the Digital Pets Company is to enable “realistic interaction” through voice, visual and touch communication, allowing people to interact with digital dogs as if they were physical animals. Users can name them, train them and play with other digital dogs.
Dogs as NFTs are protected by the Ethereum blockchain. In this blockchain, all dogs belong to one digital wallet owned by a particular user.
reference: Mastercard seeking trademarks of Metaverse and NFT
PYMNTS writes that NFTs are becoming more popular in all areas, with payment giants like Mastercard entering the market. Mastercard is reported to have filed 15 NFT and Metaverse trademark applications with the United States Patent and Trademark Office.
Mastercard is looking to build a digital community that enables interaction with digital assets, processing of metaverse payment cards, eMarket for buyers and sellers, virtual reality events, and more. One of the trademarks in question is the company’s “priceless” slogan, which comes with NFT-certified art, text, and video.
The other is to add MasterCard names to concerts, sporting events, festivals, awards ceremonies and financial education conferences in the Metaverse.