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.
Covalent Rolls Out Educational Program to Bridge Skills Gap in Web3
Covalent, a Web3 data provider that is backed by Binance Labs and Coinbase Ventures, launched an educational program aimed at bridging the data analytics skills gap for workers in Web3.
DTCP Capital to Invest $300M in High Tech Startups Including Web3.0 Protocols
Digital Transformation Capital Partners (DTCP) has announced the accumulation of $300 million for its Growth Equity III Fund to support high-tech startups in their early growth stages.
PGA Tour Partners With Autograph to Create Digital Collectibles Platform
PGA Tour has partnered with Autograph, an NFT platform co-founded by the legendary quarterback Tom Brady to create a new digital collectables platform, focusing on the Golf World.
Pakistan Eyes Educating 1 Million Youths on Crypto and Web3
To expand the knowledge base of 1 million youths on blockchain-based technologies, crypto and web3, the Pakistan administration has partnered with Fasset and JazzCash through the Prime Minister’s Youth Program (PMYP).
Indian Finance Minister Urges Banks to Use Web3 Technology to Detect Fraud
Indian Finance Minister Nirmala Sitharaman called on banks to use technologies such as Web3 and AI to detect fraud and generate early warning signs at the 75th Annual General Meeting of the Indian Banks Association in Mumbai on September 18.
Fetch.ai Enhances Web3 Adoption after Onboarding 40,000 New Users
Fetch.ai’s push to a Web3-driven digital economy gained steam after onboarding 40,000 unique and active users from Get My Slice (GMS), a leading consumer-centered data marketplace.
North Island Ventures to Invest $125m in 30 to 40 Emerging Crypto Firms
North Island Ventures said in a statement that is launching a new $125 million investment fund to execute 30 to 40 early-stage investments in emerging crypto and Web3 companies and protocols.
Near Foundation Launches New $100m Web3.0 Fund
Near Foundation, the Switzerland-based Non-Profit in charge of the Near Protocol has announced the launch of a new $100 million Web3.0 fund.
Polygon to Hire 200 New Workers despite Market Downturn: Bloomberg
Polygon’s Head of Human Resources, Bhumika Srivastava said the Layer-2 scaling solution has plans to hire as many as 200 new staff before the end of the year.
Animoca Brands Confirms New $110m Funding Round
Blockchain gaming and investment company, Animoca Brands has raised new capital worth $110 million from the issuance of convertible notes.