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.
Magic Eden Floats New Venture Unit to Double Down on Web3 Gaming
Magic Eden has announced the establishment of its own venture outfit dubbed Magic Ventures with a focus on bootstrapping Web3.0 gaming protocols.
Animoca Brands Lands $75m in New Funding
In its latest funding round, digital entertainment, blockchain, and gamification outfit, Animoca Brands announced it has raised the sum of $75 million.
Protagonist Establishes $100m Crypto Fund, Supporting Blockchain & Web3 Ecosystems
Protagonist, a Miami-based crypto fund and incubation lab rolled out a $100 million fund to boost emerging blockchain and Web3 networks.
Revolut Launches Learn & Earn Program in Partnership with Polkadot
Revolut, a London-based financial technology company that offers banking services, has announced the launch of its flagship ‘Learn & Earn’ education courses.
Blockchain Game Developer Oasys Grants $20m Investment in Private Token Sale
Oasys, a Japan and Singapore-based blockchain gaming company, has secured a $20 million investment from a cryptocurrency leader in private token sales.
Konvoy Ventures Launches $150M Gaming Fund
Konvoy Ventures, a venture capital startup, has announced the launch of its Konvoy Ventures Fund III as it looks to deepen its feet in the Web3.0 gaming ecosystem.
Crypto Executives Launch Investment Firm Tangent to Help Web3 Startups Growth
The launch of Tangent comes amid financial market turbulence that has triggered venture capital funds to slow down investment in the tech sector.
Chainalysis Finds Ownerships of Web3 DAOs Are Not Actually Decentralized
Chainalysis research study shows that most DAOs are not actually decentralized as they are intended to be, instead, they are normally controlled by a few founder members. In fact, they are designed to prevent an accumulation of power by a few members.
ShareRing Integrates New Website with Blockchain-Based Digital Identities
To tackle the challenge of the loss of autonomy on personal data experienced in Web2, ShareRing has launched a new website with blockchain-powered digital identities that will usher in the Web3 era.
Only1 Launches First Web3.0 Social NFT Platform Built on Solana
Only1, a decentralized web3 social platform, is set to revolutionize how consumers use the social media landscape. Only1 pivots into a creator economy solution to eliminate intermediaries and allow creators to monetise their content easily.