Glossary

Altcoin: A digital currency alternative to Bitcoin.

Anonymous: A user who has paid to remain anonymous when posting or commenting.

Blockchain: A distributed digital database of economic transactions that is decentralized, public, and stores all valuable data.

Blockchain protocol: A set of rules that governs how blockchain data and transactions are processed.

Cross.social DAO token: A token purchased to become a member of the DAO and contribute to the platform's management; one token equals one vote.

Cryptocurrency: A digital form of currency.

Cryptocurrency exchange: A platform for trading cryptocurrencies for other cryptocurrencies.

Crypto wallet: An application that stores private keys for accessing cryptocurrencies and facilitating sending and receiving of cryptocurrencies.

DAO: A decentralized autonomous organization governed by a vote of its token-holding members.

DAO member: A person who has purchased a DAO membership with tokens and can vote on the platform's development, modification, and other issues.

Integrated token: Also known as a native token, the primary currency used on the cross.social platform for day-to-day activities.

IP: An initiative proposal submitted by a DAO member and voted on by other members for implementation.

Leverage: The use of leveraged capital to transact cryptocurrencies.

NFT: Non-fungible tokens that are unique, immutable cryptographic assets stored on a blockchain with unique metadata and identification codes.

Pre-seed: The first stage of investment to raise initial capital for project development.

Smart contract: A pre-established set of rules and measures written on the blockchain that cannot be changed.

Token: A cryptocurrency asset that represents a measure of value and is stored as a unit of a blockchain transaction.

Validator: The initial investors who buy the first tokens in the pre-seed and validate the content.

Voice delegation: When token-holding DAO members delegate their vote to another DAO member whom they consider to be a trusted expert to vote on a particular proposal.

WEB3 FACULTY

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Meet the Winners!

The Innovative Collaboration of Mind University and Vilnius University with Binance Academy came to an end. The contest has ended, and Mind University team experts Linas and Tomas met with the students and awarded the best video creators. The Winners of the Creative Crypto Education Challenge: 1st Place: Team Real AI Talk, capturing the essence of crypto through a unique blend of Elon Musk and Joe Rogan snippets, awarded 500 USDT. 2nd Place: Team Big Four, demonstrating insightful knowledge and creativity, securing 300 USDT. 3rd Place: Crypto Teach, for their engaging blockchain technology video, receiving 100 USDT.... More

WEB3 FACULTY

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Preparations for the winner awards

The contest comes to an end. Students made their videos, perfected them after the comments from experts, and made sure to reach youths across the world who would want to know more about the cryptocurrency industry. It is time to decide who was the best. The Mind University team and Vilnius Business School are preparing to choose the winners of cash prizes. Our team members and some partners gathered to watch the final versions of the TikTok videos that students had prepared. Checking Channel, Followers, Video Likes, Video Views, Video Comments, and overall reach of the video allows the team to understand which video did the best on social media. The list of winners will be revealed soon. Stay tuned!... More

WEB3 FACULTY

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Moving along!

We have some updates for those who follow the project with Biance Academy and the youth of Vilnius University. Mind University had a meeting with students and Vilnius University Business School personnel. Students had to ask their questions and clear up anything. After that, a Zoom call was arranged to meet the Mind University team and student groups. At this time, we got the opportunity to see the first cut of the videos that students started to make. Our partners and project investors also participated. Students received feedback on their work, and experts shared what could be improved. This is how these videos posted last week got to be. Now, the team is preparing to meet the students again in person, and during the last viewing of final cuts, Mind University experts decide which groups deserve which cash prize for their creation.... More

AI Faculty

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Introducing Sofia: Your AI Mentor at Mind University

Meet Sofia, Mind University's AI powerhouse. Rooted in the Manor's history and named after Zofia Tyszkiewicz, Sofia is a cutting-edge AI guide dedicated to enhancing your learning experience in our community. She knows everything and can help you with anything. Sofia offers in-depth insights into our projects and courses, from AI to Astrology. She's not just about data but understands the ethical implications of AI, speaking in a professional and friendly manner. Engage with Sofia respectfully. She's here for meaningful, relevant discussions in line with Mind University's educational goals. Discover a world of knowledge with Sofia, your AI companion in the journey of learning at Mind University.... More

WEB3 FACULTY

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Win Big with TikTok Crypto Education!

🌟 Revolutionizing Crypto Learning with Mind University & Binance Academy 🚀 Mind University teams up with Binance Academy and Vilnius University for a groundbreaking project: making cryptocurrency education fun and accessible for the youth through TikTok-style videos! Dive into the world of blockchain with easy, engaging 3-minute clips. 🏆 Cash Prizes & Cool Merch Await! 🎁 Show off your creativity and understanding of crypto in our contest. Top videos win cash and exclusive goodies! 🤝 Empowering the Next Gen Crypto Wizards 🧙‍♂️ Join us in this exciting venture to simplify crypto learning. Be part of the educational revolution! #CryptoEducation #TikTokChallenge... More

WEB3 FACULTY

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Web3: The Next Internet Revolution

Experts foresee a major transformation in the digital realm, likening the rise of Web3 to the pivotal shift from traditional media to the internet. In a dynamic discussion, Rob Nelson and David Duong of Coinbase explored the parallels between the skepticism faced by early internet and current doubts about Web3, predicting a future where blockchain and digital innovations lead the tech world. A fascinating glimpse into the potential of Web3 as a game-changer in technology and society!... More

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Nytimes.com

EU Strikes Provisional Deal on Groundbreaking AI Rules

Europe makes history with a provisional agreement on AI governance! The deal, reached after extensive negotiations, paves the way for the EU to lead in regulating AI technologies, including biometric surveillance and systems like ChatGPT. A landmark moment for tech and ethics.

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Ars Technica

Binance Faces Historic Crackdown by US Justice Department

In a landmark development, Binance, the world's largest cryptocurrency exchange, has come under intense scrutiny from US regulators. The company, known for its rapid growth since its 2017 inception and a somewhat defiant stance towards US financial regulations, is now facing one of the most severe money-laundering settlements in the history of the US Justice Department. This crackdown signifies a major shift for Binance: from being a hub of unrestricted crypto trading to potentially becoming the most compliant entity in the crypto industry with US regulations. As part of the settlement, Binance will have to open its historical transaction records, a move that exposes over a half-decade of user data to US regulators and law enforcement.

AI Faculty

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Ap News

EU's Pioneering AI Act Faces Crucial Negotiations

In a landmark moment for tech regulation, the European Union's AI Act, touted as the world's first comprehensive AI regulations, is at a critical juncture. Initiated in 2019, this Act aims to position the EU as a leader in governing the rapidly evolving tech industry. However, negotiations are now intensifying over how to manage general-purpose AI services like OpenAI’s ChatGPT and Google’s Bard. As the debate heats up, tech giants argue against what they perceive as excessive regulation that could hinder innovation. Meanwhile, EU lawmakers are pushing for robust safeguards to ensure responsible development of these advanced AI systems. The outcome of these discussions could set a global precedent for AI governance.

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Bbc.com

BBC Exposes AI Tool Misuse for Cybercrime

A BBC investigation reveals potential misuse of a new ChatGPT feature by OpenAI, enabling users to create AI assistants. Using this tool, BBC News developed an AI, "Crafty Emails," capable of generating convincing scam texts and emails. The tool absorbed social engineering knowledge quickly, raising concerns about its use in cybercrime. OpenAI's moderation efforts are under scrutiny, as the public ChatGPT refuses such content, but the private version allows more flexibility. This revelation highlights the challenges in regulating AI tools.

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