buddy: Trace Network launches Buddy to mind your metaverse doppelganger

Synopsis

These avatars can be minted using the Polygon blockchain, which are quite eco-friendly with negligible ‘gas fee’ The gas fee is the transaction fee required on a blockchain to validate a transaction and in this case, minting a ‘Buddy’ avatar NFT.

New Delhi: Trace Network Labs has launched Buddy – a project to create doppelganger avatars in the metaverse – which are highly close to the real-looking person.

Buddy is a human-looking avatar (virtual replications of the users themselves) bearing a high likeness to their physical attributes and other characters.

These avatars can be minted using the Polygon blockchain, which are quite eco-friendly with negligible ‘gas fee’ The gas fee is the transaction fee required on a blockchain to validate a transaction and in this case, minting a ‘Buddy’ avatar NFT.
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The avatar can be created with a simple selfie of the users. The AI renders the image into a 3D avatar, which is then stored on Blockchain in the form of an NFT and can be retained permanently.

Once avatars are converted into NFT and owned by the users, Trace Network dissolves its involvement with their data and content. The users can own their avatar for a minimum transaction fee.

As more and more metaverses and projects will emerge and integrate into our Avatar framework, it will keep on opening up various experiences for users.

Sunil Arora, Co-founder of Trace Network Labs said, “With the launch of Buddy, we are empowering the residents of metaverses to create fashionable real-looking and human-like digital avatars.

These NFT based avatars will also become the common digital identity that can transport the avatar to any metaverse. So, one does not need multiple IDs for multiple metaverses, he added.

Trace Network Labs intends to onboard over a billion users in the next five years It is making Buddy accessible to all the metaverses, and blockchains so that users do not require multiple avatars to access multiple metaverses. Presented By

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Updated: 04/29/2022 — 18:00