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.
InfiniteWorld Attains Super Bit Machine for Best-In-Class Gaming, Web3 Experiences
Web3 and metaverse infrastructure firm InfiniteWorld has acquired Super Bit Machine to provide best-in-class experiences in the metaverse world by incorporating multiplayer and real-time game development abilities.
SoftBank-Backed Web3.0 Startup MarqVision Pulls $20M in Series A Funding
MarqVision, a startup known for its Artificial Intelligence (AI) powered platform,has announced it has raised the sum of $20 million in a Series A funding round
DeFi Platform Space and Time Pulls $10m in Series A Funding
DeFi startup Space and Time has secured $10 million in a Series A funding round as the firm seeks to develop its one-in-a-kind cryptographic protocol called proof-of-SQL.
Launch House Announces $10M Fund for Web3.0 Startups
Launch House, a private community focused on connecting and supporting top entrepreneurs, launched its first fund, House Capital, with a $10 million commitment to invest in early-stage firms within the community and high-growth startups outside.
27% Female Professionals Participate in Web3-related Projects, KuCoin Study Shows
A study shows only 27% of female working professionals have participated in web3-related projects, which is still lower than their male counterparts.
Usain Bolt Partners with Step App to Propel Healthier World
Usain Bolt, the 8-time Olympic gold medalist and 11-time world champion, has teamed up with Step App to take fitness and exercise a notch higher by incorporating Web3 and the metaverse.
Animoca Brands's New Management Team Onboards
Animoca Brands, a digital entertainment, blockchain, and gamification startup has announced that it has onboarded many new staff to take up leadership positions in the company.
Scaramucci's Skybridge Capital to Launch Venture Fund for Web3 & Crypto Investments
SkyBridge Capital is planning to unveil a dedicated venture fund that will invest in web3 and crypto companies.
Valkyrie Establishes $30m Venture Fund, Investing in Crypto & Web3 Projects
Valkyrie has announced the launch of its $30 million venture capital fund focused on backing potential startups that are advancing global blockchain and web3 adoption.
Crypto Messaging Platform Lines Raises $4M in Seed Round
Crypto messaging platform Lines has raised $4 million in a seed round. The company aims to build an app to solve issues like no verifiable communications platform in the industry.