Dynamic avatars for legacy capture: a revolution of blockchain use in the making

cointelegraph.com:

Non fungible tokens (NFTs) started as what are essentially tamper-proof ledgers to verify authenticity and guarantee collectors’ ownership rights over artworks. However, since their emergence several years ago, NFTs have become much more than that. Now, many projects claim to seek to deliver new forms of value and utility. So far, many have centered around community building and intellectual property. As of yet though, no notable projects have tried to center their build around the potential of the core technology that is blockchain.

Simultaneously, growing traction of the Metaverse concept and Web3 culture have led to many enthusiasts identifying themselves by way of NFTs as profile images (frequently called PFPs as short-hand). While this has proven an interesting way for holders to represent their growing collection and involvement in the Web3 space, there seems to be potential for something more meaningful. Namely, NFTs are often static unless the creators, and not holders, choose to push updated or adjusted designs to the chain. In turn, PFPs represent only what we hold, not what we are nor how we have really evolved as digital natives and Web3 participants. This is somewhat ironic given the constantly changing nature of the Web3 space.

Enter Project Arcana, a Web3 project which aims to invigorate blockchain use cases through dynamic, comprehensive, and lasting virtual profiles which grow with their users’ real and virtual world identity. If successful, they might just redefine the integration between real life, Web2, and Web3, and even reshape how NFTs can be used as digital identities.

These dynamic avatars will be able to represent the various gaming and social achievements of holders. Moreover, the web2 gaming