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.
KuCoin Rolls Out $100m Creators Fund to Accelerate Web3 Growth, Empowering Early-Stage NFT Projects
Crypto exchange KuCoin has announced a $100 million “Creators Fund” to enhance the Web3 ecosystem and support early-stage NFT projects in sports, arts, GameFi, and celebrities.
Binance Floats €100M Investment in France
Binance cryptocurrency exchange is extending its regional footprint in the European Union with a €100 million investment in France.
Uniswap Labs Unveils New Venture Capital Unit Focused on Web3 Projects
Uniswap Labs Ventures seeks to become a catalyst for the new web3 economy by supporting innovative and disruptive firms that are creating new financial applications and concepts.
London-Based Fabric Ventures to Close Funding for Two New Web3 Funds
Fabric Ventures, a London-based venture capital firm, is on track to close two new Web3.0 funds that will focus exclusively on the “Open Economy.”
Coinbase to Host Crypto Community Event in India to Support Entrepreneurs
As contained in a Blog post shared by Coinbase Global Inc, it will be hosting a crypto community event in Bangalore to discuss the future of crypto and web3 in the country.
Abra Opens New Division with Yield and Web3 Investment Services for Premium Clients
Abra continues to offer tailored-made investment solutions to Investors by opening a new division.
Opera Web Browser Gets into Web3 Space, Adds Multiple Tokens into Its Crypto Wallet
The integration of the eight new blockchain ecosystems is set to enable Opera users to access more decentralized apps (dapps) and services.
Spotify Intends to Add NFTs to Streaming Service: Report
Spotify seems to be making an entry into the NFTs technology. The streaming music platform is looking for talents to work in the early stages of Web3 projects.
Crypto Exchange FTX Expands Business to Africa, Partnering Kenyan Fintech Firm AZA Finance
To expand its global footprint and presence on African soil, top-notch cryptocurrency exchange FTX has partnered with AZA Finance, a Kenyan-based fintech company.
Digital Asset Firm Hashdex to Launch Web3 ETF on the Brazilian Stock Exchange
The Web 3 ETF (WEB311) will track Web 3 firms that are expected to benefit from technology infrastructure.