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.
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.
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.
South Korean Telecom Operator SK Telecom to Develop Web3 Wallet
SK Telecom cooperates with AhnLab Blockchain Company (ABC) and blockchain company Atomix Lab to develop a Web3 digital asset.
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.
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.
Immutable launches its $500M Fund to Boost Web3.0 Gaming Adoption
Blockchain infrastructure platform Immutable has launched a new $500 million fund with which it plans to take care of emerging gaming protocols and Non-Fungible Token (NFT) startups in the Web3.0 ecosystem
Web3.0 Game Startup Wildcard Alliance Pulls $46M in Series A Funding
Wildcard Alliance, a new Web3.0 gaming startup has raised $46 million in a Series A funding round led by Paradigm Capital.
Playful Studios Launches Web3 Game Division, Raises $46M in Series A Funding
The Wildcard Alliance, Inc., a new mobile Web3 division launched by Taxes-based Playful Studios, is an ecosystem that focuses on democratizing access to web3 game development.
Mastercard to Enable Payments for NFTs, Web3
Mastercard has announced that the payment firm is working to enable NFT commerce with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway, and Web3 infrastructure provider MoonPay.
Japan's Akatsuki Raises $20m Fund for Investing in Web3 Projects
Japan's Akatsuki announced that it has raised a $20 million fund for investing in web3 projects, according to The Block.