Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wp-plugin-hostgator domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the ol-scrapes domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home4/scienrds/scienceandnerds/wp-includes/functions.php:6114) in /home4/scienrds/scienceandnerds/wp-includes/rest-api/class-wp-rest-server.php on line 1893
{"id":16818,"date":"2023-01-20T22:51:51","date_gmt":"2023-01-20T22:51:51","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/"},"modified":"2023-01-20T22:51:52","modified_gmt":"2023-01-20T22:51:52","slug":"revise-raises-3-5-million-to-build-rails-for-programming-nfts","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/","title":{"rendered":"Revise raises $3.5 million to build rails for programming NFTs"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2022\/04\/28\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/<\/a><\/br>
\nRevise raises $3.5 million to build rails for programming NFTs<\/br>
\n2023-01-20 22:51:51<\/br><\/p>\n

\n
\n\t\t\t\n\t\t<\/div>\n<\/p><\/div>\n
\n

A popular criticism of NFTs is that they are just static JPEG files. Technically, they are not, of course. They are pieces of code on a blockchain, which means they can be programmed to have various qualities. The NFTs that go on sale on marketplaces such as OpenSea are already programmed with instructions on the royalties to be provided to the owner, for instance.<\/p>\n

But what if they could be programmed to do much more?<\/p>\n

That\u2019s a trend we have seen in recent quarters. Pearpop introduced dynamic NFTs earlier this year that gain value as a social media post goes viral.<\/a> The NFTs on Axie Infinity change their properties as a user makes inroads in the game.<\/p>\n

A new startup, called Revise<\/a>, is attempting to productize this ability.<\/p>\n

It offers developers the ability to make their own NFTs interact with data feeds of their choice, which could be a web3 platform such as Chainlink or a Web 2.0 outlet like Weather.com.<\/p>\n

The goal, as the startup explains it, is to make the NFTs change their properties based on events. For instance, a soccer NFT could hypothetically interact with data from FIFA and change its property or media content based on the real-world performance on the field.<\/p>\n

\u201cWhat programmable NFT allows you to do is also leverage the user\u2019s interaction or skill to make the properties rarer,\u201d said Raunaq Vaisoha<\/a>, co-founder and chief executive of Revise, in an interview with TechCrunch.<\/p>\n

By programming NFTs based on users\u2019 interactions, developers can incentivize them to participate more in their projects, said Vaisoha, who co-founded Revise with Anil Dukkipatty<\/a>.<\/p>\n

Revise is also adding a layer of governance for the storage through its data structure to help developers handle disputes in a trustable manner.<\/p>\n

\u201cCurrently, an issue with dynamic NFTs is that your data has to be off-chain. Imagine you\u2019re playing a game and you have to wait for the block time for your gaming character to update. Most people end up storing the NFT on an AWS S3 or a different web2 layer,\u201d he said. \u201cThat\u2019s what our data structure is built to solve.\u201d<\/p>\n

Revise is initially launching with the Polygon blockchain, but plans to expand to other blockchains in the future. Its SDK is live in private beta on NPM, and the startup has amassed some customers already, including Ludo Labs.<\/p>\n

The startup said on Friday it has raised $3.5 million in its seed round. Alpha Wave Global and 8i co-led the round. Bharat Founders Fund and a number of entrepreneurs, including Polygon founder Sandeep Nailwal, DeFi Pulse founder Scott Lewis, AngelList India head Utsav Somani, The Graph\u2019s Pranav Maheshwari, and Treebo founder Rahul Chaudhary also participated in the round.<\/p>\n

\u201cThe entire NFT space has seen a massive narrative shift as people have discovered that NFTs can be more than just digital collectables or static assets. We see this shift happen in Gaming most prominently, but the abstract concept is broadly applicable to any real-world asset that can be tokenized. Further, as more complex utilities are built on NFTs, the aspect of traceability and transparency in governance will become front and centre,\u201d said Tushar Behl of Alpha Wave Global, in a statement.<\/p>\n

\u201cWe loved Revise and the founders for their deep product insight and a forward-looking vision of the space. What the team at Revise is building can become the most fundamental layer for NFT provenance and programming, much like Chainlink did for Defi!\u201d<\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Tech, Technology<\/br>
\n<\/br>
\nSource:https:\/\/techcrunch.com\/2022\/04\/28\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2022\/04\/28\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/ Revise raises $3.5 million to build rails for programming NFTs 2023-01-20 22:51:51 A popular criticism of NFTs is that they are just static JPEG files. Technically, they are not, of course. They are pieces of code on a blockchain, which means they can be programmed to have various qualities. The NFTs that go on […]<\/p>\n","protected":false},"author":1,"featured_media":16819,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17,8],"tags":[],"class_list":["post-16818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech","category-technology"],"yoast_head":"\nRevise raises $3.5 million to build rails for programming NFTs - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Revise raises $3.5 million to build rails for programming NFTs - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source:https:\/\/techcrunch.com\/2022\/04\/28\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/ Revise raises $3.5 million to build rails for programming NFTs 2023-01-20 22:51:51 A popular criticism of NFTs is that they are just static JPEG files. Technically, they are not, of course. They are pieces of code on a blockchain, which means they can be programmed to have various qualities. The NFTs that go on […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/\" \/>\n<meta property=\"og:site_name\" content=\"Science and Nerds\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-20T22:51:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-20T22:51:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/revise-raises-3-5-million-to-build-rails-for-programming-nfts_63cb1b07b911a.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"622\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/\",\"url\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/\",\"name\":\"Revise raises $3.5 million to build rails for programming NFTs - Science and Nerds\",\"isPartOf\":{\"@id\":\"https:\/\/scienceandnerds.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/revise-raises-3-5-million-to-build-rails-for-programming-nfts_63cb1b07b911a.jpeg?fit=622%2C400&ssl=1\",\"datePublished\":\"2023-01-20T22:51:51+00:00\",\"dateModified\":\"2023-01-20T22:51:52+00:00\",\"author\":{\"@id\":\"https:\/\/scienceandnerds.com\/#\/schema\/person\/ea2991abeb2b9ab04b32790dff28360e\"},\"breadcrumb\":{\"@id\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/revise-raises-3-5-million-to-build-rails-for-programming-nfts_63cb1b07b911a.jpeg?fit=622%2C400&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/revise-raises-3-5-million-to-build-rails-for-programming-nfts_63cb1b07b911a.jpeg?fit=622%2C400&ssl=1\",\"width\":622,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/scienceandnerds.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Revise raises $3.5 million to build rails for programming NFTs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/scienceandnerds.com\/#website\",\"url\":\"https:\/\/scienceandnerds.com\/\",\"name\":\"Science and Nerds\",\"description\":\"My WordPress Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/scienceandnerds.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/scienceandnerds.com\/#\/schema\/person\/ea2991abeb2b9ab04b32790dff28360e\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/scienceandnerds.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7e6e14fc6691445ef2b2c0a3a6c43882?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7e6e14fc6691445ef2b2c0a3a6c43882?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/scienceandnerds.com\"],\"url\":\"https:\/\/scienceandnerds.com\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Revise raises $3.5 million to build rails for programming NFTs - Science and Nerds","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/","og_locale":"en_US","og_type":"article","og_title":"Revise raises $3.5 million to build rails for programming NFTs - Science and Nerds","og_description":"Source:https:\/\/techcrunch.com\/2022\/04\/28\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/ Revise raises $3.5 million to build rails for programming NFTs 2023-01-20 22:51:51 A popular criticism of NFTs is that they are just static JPEG files. Technically, they are not, of course. They are pieces of code on a blockchain, which means they can be programmed to have various qualities. The NFTs that go on […]","og_url":"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/","og_site_name":"Science and Nerds","article_published_time":"2023-01-20T22:51:51+00:00","article_modified_time":"2023-01-20T22:51:52+00:00","og_image":[{"width":622,"height":400,"url":"https:\/\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/revise-raises-3-5-million-to-build-rails-for-programming-nfts_63cb1b07b911a.jpeg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/","url":"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/","name":"Revise raises $3.5 million to build rails for programming NFTs - Science and Nerds","isPartOf":{"@id":"https:\/\/scienceandnerds.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/#primaryimage"},"image":{"@id":"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/revise-raises-3-5-million-to-build-rails-for-programming-nfts_63cb1b07b911a.jpeg?fit=622%2C400&ssl=1","datePublished":"2023-01-20T22:51:51+00:00","dateModified":"2023-01-20T22:51:52+00:00","author":{"@id":"https:\/\/scienceandnerds.com\/#\/schema\/person\/ea2991abeb2b9ab04b32790dff28360e"},"breadcrumb":{"@id":"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/#primaryimage","url":"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/revise-raises-3-5-million-to-build-rails-for-programming-nfts_63cb1b07b911a.jpeg?fit=622%2C400&ssl=1","contentUrl":"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/revise-raises-3-5-million-to-build-rails-for-programming-nfts_63cb1b07b911a.jpeg?fit=622%2C400&ssl=1","width":622,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/scienceandnerds.com\/2023\/01\/20\/revise-raises-3-5-million-to-build-rails-for-programming-nfts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/scienceandnerds.com\/"},{"@type":"ListItem","position":2,"name":"Revise raises $3.5 million to build rails for programming NFTs"}]},{"@type":"WebSite","@id":"https:\/\/scienceandnerds.com\/#website","url":"https:\/\/scienceandnerds.com\/","name":"Science and Nerds","description":"My WordPress Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/scienceandnerds.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/scienceandnerds.com\/#\/schema\/person\/ea2991abeb2b9ab04b32790dff28360e","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/scienceandnerds.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7e6e14fc6691445ef2b2c0a3a6c43882?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7e6e14fc6691445ef2b2c0a3a6c43882?s=96&d=mm&r=g","caption":"admin"},"sameAs":["https:\/\/scienceandnerds.com"],"url":"https:\/\/scienceandnerds.com\/author\/admin\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/scienceandnerds.com\/wp-content\/uploads\/2023\/01\/revise-raises-3-5-million-to-build-rails-for-programming-nfts_63cb1b07b911a.jpeg?fit=622%2C400&ssl=1","_links":{"self":[{"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/posts\/16818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/comments?post=16818"}],"version-history":[{"count":1,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/posts\/16818\/revisions"}],"predecessor-version":[{"id":16820,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/posts\/16818\/revisions\/16820"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/media\/16819"}],"wp:attachment":[{"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/media?parent=16818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/categories?post=16818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scienceandnerds.com\/wp-json\/wp\/v2\/tags?post=16818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}