WEB3
Web3 (WEB3 or Web 3.0) refers to the next generation of the internet, characterized by decentralized and peer-to-peer networks that aim to give users more control over their data and digital interactions. It is a vision of the internet that incorporates blockchain technology and smart contracts, enabling trustless and transparent transactions, decentralized applications (dApps), and the secure storage and sharing of data. Web3 seeks to empower individuals, promote privacy, and foster a more open and collaborative digital ecosystem.
Coinbase Launches WaaS to Simplify Adoption of Web3 Wallets
Coinbase has introduced Wallet-as-a-Service (WaaS) to provide enterprises with a customizable on-chain wallet API for easier customer onboarding, loyalty programs, and in-game purchases. The WaaS infrastructure features multi-party computation (MPC) cryptography to improve private key security, user-friendly backup functionality, and control over product experiences while reducing implementation cost and complexity. The solution is being used by companies like Floor, Moonray, thirdweb, and tokenproof.
OKX announced as title sponsor and exclusive NFT ticket distribution partner for the Hong Kong Web3 Festival 2023
OKX, the world’s second-largest crypto exchange by trading volume and leading Web3 technology company, has been named title sponsor and exclusive NFT ticket distribution partner of the Hong Kong Web3 Festival 2023.
Unstoppable Women of Web3 Leads Initiative to Provide Web3 and Metaverse Education for 6 Million African Women
The initiative will consist of free digital identities, educational streams, online courses, in-person networking, and more to bring more women in Africa into Web3 and the metaverse
Binance Charity Donates $100,000 in Georgia to Empower Women through Web3 Education
In celebration of International Women's Day, Binance Charity, the philanthropic arm of Binance, the world’s leading cryptocurrency and blockchain infrastructure provider, has announced a $100,000 donation to Georgia's Innovation & Technology Agency (GITA) to support web3 education and training. As a result of the partnership, more than 100 women will be able to study professional courses in Web3 and get support to move into the job market.
Astar Network Partners With Shibuya to Support Tokyo Ward’s Web3 Strategy
Blockchain innovation hub Astar Network has partnered with Shibuya, the Tokyo ward famed for its commerce and finance. The agreement will see Astar support Shibuya’s new web3 initiative and host events that support this strategy.
Binance CEO Changpeng Zhao to Speak at the 2023 Hong Kong Web3 Festival
Binance Founder and CEO Mr. Changpeng Zhao (CZ) confirms his attendance at the Hong Kong Web3 Festival 2023. Mr. Zhao will be the closing speaker on the Opening Day of the conference, 12 April 2023, and will deliver his speech virtually
Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse
Multinational corporations, including General Motors, Lacoste, and Walmart, have continued to file trademark applications in Web3, NFTs, and the metaverse, despite the broader market downturn. In February alone, General Motors filed for two new trademark applications covering Chevrolet and Cadillac brands, while Lacoste filed five trademark applications for "CHAMPS-ELYSEES." Walmart also filed trademark applications for the "SamsClub" name and logo. Even amid the bear market, record numbers of trademark applications have been filed for NFTs, metaverse, and crypto-related products in 2022.
Mantle Core Proposes $200M Fund for Web3 Startups
Mantle Core has submitted a proposal to create a $200 million fund for early-stage Web3 startups, aiming to boost adoption of its Ethereum layer-2 network, Mantle, among developers and Dapps. BitDAO's treasury would provide $100 million in USD Coin, while another $100 million would come from external matching capital from strategic venture partners. The Mantle EcoFund and venture partners will participate in projects with a 1:1 co-investment ratio, targeting Web3 startups raising pre-seed, seed, and series A rounds.
Gate.io to Launch Crypto Exchange in Hong Kong Following Government's $6.4M Investment in Web3
Hong Kong's current budget allocates millions to the Web3 and crypto industries to "keep up with the times," allowing Gate.io to establish a local presence.
Revolutionizing the NFTs- Telept City Launches Cutting-Edge AIGC NFT Platform for Web3
Telept Inc., a Web 3.0 startup, has announced today the launch of a ground-breaking first-mover Web PC platform Telept City, which empowers participants to create one-of-a-kind AI generated Non-Fungible Token (NFT) called X-Native. With its cutting-edge AI Generated Content (AIGC) image generation model that has undergone rigorous fine-tuning utilizing a vast database of images, and coupled with an intuitive game-like user interface, provides a novel and accessible AI Web 3.0 experience for participants of all levels.