Web3

  • Galxe collaborates with Ava Labs to integrate OAT onto Avalanche

    On March 22, the Web3 infrastructure service provider Galxe announced a partnership with Avalanche blockchain developer Ava Labs to integrate its on-chain achievement token (OAT) o

    03/22/2023
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  • Immutable and Polygon Collaborate to Propel Innovation in Crypto Gaming

    According to reports, Web3 gaming company Immutable and Polygon are collaborating to accelerate innovation and adoption in the emerging crypto gaming field. The alliance will be co

    03/21/2023
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  • OP3N Raises $28 Million in Round A Financing: A Closer Look at the Web3 Platform

    According to reports, the AI-based Web3 platform OP3N completed a round A financing of $28 million with a valuation of $100 million, led by Animoca Brands, Dragonfly Capital, Super

    03/21/2023
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  • Australian Venture Capital Firm Raises $1400 to Expand Southeast Asian Market and Increase Investment in Web3 and Blockchain Sectors

    On March 21, it was reported that Australian venture capital firm VentureCrowd is raising $1400 to expand the Southeast Asian market and increase investment in the Web3 and blockch

    03/21/2023
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  • TTV Capital Raises US $250 Million for Its Sixth Fund

    On March 20th, TTV Capital announced that its sixth fund had completed a US $250 million fundraising. The fund initially set a funding target of US $150 million, but has now oversu

    03/20/2023
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  • Fitness Giant Peloton CEO Launches Web3 Lifestyle Membership Club

    According to reports, Robin Arz ó n, vice president and CEO of the fitness giant Peloton Fitness Program, founded the Web3 Lifestyle Membership Club Swagger Society, which is expected to be launched in the next few months. (CoinDesk) Vice President of fitness giant Peloton plans to launch Web3 Lifestyle Member Club Analysis based on this information:Reports suggest that the Vice President and CEO of Peloton Fitness Program, Robin Arzón, is set to launch a new Web3 Lifestyle Membership Club, named Swagger Society, in the coming months. This venture is expected to offer a unique experience to members by leveraging blockchain technology. Peloton has become one of the major players in the fitness industry during the pandemic, primarily due to its at-home workout options. As the CEO of such a successful company, Arzón knows what people want when it comes to fitness and lifestyle. Her new Web3 venture, Swagger Society, promises to offer innovative solutions by integrating blockchain technology. Web3, also…

    03/18/2023
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  • KYVE Launches Web3 Data Storage Solution

    On March 18th, it was announced that the main network of the Web3 data storage solution KYVE has now been launched, and another innovative solution based on the Cosmos SDK has been proposed to enhance the developer experience. The goal is to make data a public product that does not require trust. The KYVE blockchain is divided into two layers: the chain layer and the protocol layer. The chain layer is the backbone of KYVE, protecting the network through DPoS, governing and maintaining the overall structure. The protocol layer acts as a decentralized data pool, and protocol nodes can participate in obtaining, storing, and validating data. On March 21st, KYVE’s inflation support governance proposal will be approved to ensure that KYVE’s main network features are more complete and secure. The next step is to launch KYVE tokens. At the same time, the KYVE data pipeline has also been launched, and it will take 6-8 weeks for the first data pool…

    03/18/2023
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  • Oncyber’s Magic Composer: Enhancing User Interaction in Web3 Metaverse

    According to reports, Oncyber, the Web3 meta universe platform, has revealed that it has developed an artificial intelligence tool called Magic Composer that allows users to customize their environment through text commands. By putting a line of text into Magic Composer, Oncyber can automatically change the appearance and color of the sky, place artists’ NFT works from a connected encrypted wallet, customize the appearance and size of photo frames in the world, and more. Oncyber plans to launch AI tools to a selected group of testers starting on Monday, March 20th. The Oncyber launch AI tool allows users to customize NFT Analysis based on this information:Oncyber, a leading platform in the Web3 metaverse realm, recently announced the development of a new artificial intelligence tool, Magic Composer. This breakthrough technology enables users to personalize their virtual environment by simply using text commands. The incorporation of access to an encrypted wallet allows content creators to display their NFT works in the environment,…

    03/18/2023
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  • Dubai’s DMCC partners with South Korean Metaspace to promote Web3 expansion globally

    According to reports, sources have revealed that the Dubai Multi Commodities Center (DMCC) recently announced the signing of two memorandums of understanding with a South Korean Metaspace platform, planning to establish a partnership to promote the expansion of the United Arab Emirates’ Web3 business globally. DMCC was established in 2002 as the largest free trade zone in the United Arab Emirates; In 2021, the government launched the DMCC Encryption Center, which is an integrated ecosystem for enterprises in the encryption and blockchain fields. Data shows that the United Arab Emirates is the most concerned encryption country among all Middle East and North African countries. (news.todayq) DMCC of the United Arab Emirates cooperates with Won Universe of Korea Analysis based on this information:The Dubai Multi Commodities Center (DMCC) recently announced a partnership with a South Korean Metaspace platform to promote the expansion of the United Arab Emirates’ Web3 business globally. The DMCC, established in 2002 as the largest free trade zone…

    03/17/2023
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  • ParaSpace Contract Users Face Risks due to Liquidation Progress and Asset Extraction Glitches

    On March 17th, the Web3 Knowledge Map Protocol 0xscope tweeted, saying, “The ParaSpace contract is not working properly: 1. Users can extract more APEs than they thought. 2. User debt calculation errors have led to 268 liquidations in progress.” 0xscope reminded, “Extracting your assets requires you to assume your own risk.” The contract failed before the ParaSpace protocol was suspended, allowing users to overdraw APE and causing a large number of incorrect clearing Analysis based on this information:The Web3 Knowledge Map Protocol 0xscope issued a warning on March 17th, stating that the ParaSpace contract was not functioning properly, and users were exposed to considerable risks. The 0xscope tweet mentioned two specific issues, including users extracting more assets than they anticipated and a glitch in the user debt calculation process. As a result of these problems, 268 liquidations were in progress, putting the contract’s participants in jeopardy. The ParaSpace contract is a platform for users to invest and earn profits on…

    03/17/2023
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  • Salesforce Web3: Building Stronger Customer Relationships with NFT Loyalty Programs

    According to reports, Salesforce, a customer relationship management (CRM) platform, said on Wednesday that it was expanding its customer service to include management of the NFT loyalty program. According to its website, the product suite that makes up Salesforce Web3 will help companies build, manage, and integrate NFT into their business. The new platform will also support Web3 technology through its customer service product, Customer360. Customer relationship management platform Salesforce expands its customer service Analysis based on this information:Salesforce, one of the world’s leading customer relationship management (CRM) platforms, has announced a major expansion of its services by integrating non-fungible tokens (NFTs) into its customer loyalty programs. The new platform, which is called Salesforce Web3, will allow companies to build, manage and integrate NFTs into their business processes, making it much easier for businesses to create more meaningful customer connections. The launch of this new platform marks a significant milestone for Salesforce, as it becomes one of the first major…

    03/16/2023
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  • Intella X to showcase innovation in gaming at GDC with Polygon Labs

    On March 16th, Intella X, an innovative Web3 gaming platform developed by Korean gaming giant NEOWIZ, announced that it will participate in the upcoming Game Developer Conference (GDC) in San Francisco with Polygon Labs. Intella X will showcase its Web3 platform and games at the Game Developer Conference with Polygon Labs Analysis based on this information:The gaming industry is one of the most lucrative industries in the world, and it is no surprise that it is constantly evolving with new and innovative technologies. One such technology is Web3 gaming, which allows players to truly own their in-game assets and even earn money through playing. Intella X, an innovative Web3 gaming platform, has been developed by Korean gaming giant NEOWIZ and will be showcased at the upcoming Game Developer Conference (GDC) in San Francisco. Intella X is a unique gaming platform that blends blockchain technology with traditional gaming concepts to create a new, more immersive gaming experience. Players can buy and…

    03/16/2023
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  • GAIMIN Revolutionizes the Gaming Industry with Web3 Technology

    According to reports, decentralized gaming company GAIMIN announced the release of the GAIMCRAFT API to convert Web2 applications to Web3. With GAIMCRAFT API technology, game developers are now able to convert their existing Web2 games into Web3 games, integrate blockchain technology, including NFT assets into their games, and create a cryptocurrency based gaming economy. GAIMIN releases GAIMCRAFT API technology to convert Web2 applications to Web3 Analysis based on this information:Decentralized gaming company GAIMIN has recently made a groundbreaking announcement with the release of the GAIMCRAFT API. This new technology has revolutionized the gaming industry by enabling game developers to convert their existing Web2 games into Web3 games, integrate blockchain technology, and create a cryptocurrency-based gaming economy that utilizes NFT assets. Web3 technology is the latest iteration of the world wide web that utilizes blockchain and decentralized technology. It brings a new level of security and transparency to the web, and GAIMIN has now brought this innovative technology into the gaming…

    03/16/2023
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  • Hello Pets Launches $6 Million Expansion Fund for Metauniverse Ecosystem

    According to reports, Hello Pets, a Web3 entertainment project, announced the launch of a $6 million universe expansion fund to develop and strengthen the metauniverse ecosystem. It is reported that Hello Pet has purchased 10 “boring ape” BAYCs, including BAYC # 6966, BAYC # 6280, BAYC # 5245, BAYC # 4421, BAYC # 5914, BAYC # 7350, BAYC # 2045, BAYC # 9538, BAYC # 1522, and BAYC # 6933. These NFTs will be integrated into products and services such as movies, metauniverses, games, AR/VR applications, LEGO toys, and fashion in the future. Hello Pets launched a $6 million NFT and metauniverse fund, and purchased 10 BAYCs Analysis based on this information:Hello Pets, a Web3 entertainment project, has announced the launch of a $6 million expansion fund to further develop and strengthen the metauniverse ecosystem. The company aims to integrate 10 “boring ape” Bored Ape Yacht Club (BAYC) NFTs, including numbers #6966, #6280, #5245, #4421, #5914, #7350, #2045, #9538, #1522,…

    03/16/2023
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  • Mysten Labs Partners with BlueJay Games to Launch Mobile Web3 Arcade Game on Sui

    According to reports, Web 3 infrastructure company Mysten Labs announced today that it has established a partnership with game studio BlueJay Games. Through this collaboration, BlueJay Games will launch a mobile Web3 arcade game, Arcade Champion, on Sui. Mysten Labs and BlueJay Games collaborate to launch Web3 arcade games Analysis based on this information:Mysten Labs, a Web3 infrastructure company, has recently announced its partnership with BlueJay Games to launch the new mobile Web3 arcade game, Arcade Champion, on Sui. The collaboration between the two companies aims to provide gamers with an innovative approach to gaming that is focused on Web3 technology. The launch of Arcade Champion on Sui marks a significant milestone in the development of the gaming industry. Sui is a decentralized gaming platform that utilizes blockchain technology to create a trustless and transparent gaming environment. By partnering with Mysten Labs, BlueJay Games is taking the initiative to bring Web3 technology to traditional gaming and make it accessible to…

    03/16/2023
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  • Anti-MEV Solution Provider Wallchain Receives $2 Million Investment from Cypher Capital

    On March 16th, Wallchain, an anti MEV solution provider, announced that it had received a $2 million investment led by Cypher Capital. This investment will be used to promote Wallchain’s in-depth research on Web3 to achieve revenue growth and launch new MEV solutions. Cypher Capital is a cryptocurrency investment company headquartered in the United Arab Emirates, covering venture capital, nodes, mining, and more. Wallchain, an anti MEV solution provider, received $2 million in investment Analysis based on this information:Wallchain, an anti-MEV (Maximal Extractable Value) solution provider, has recently received a $2 million investment led by Cypher Capital. MEV refers to the additional value that miners or other actors can extract from a blockchain beyond the standard block reward and transaction fees. This can create unfair advantages and lead to manipulative activities on the blockchain network. Wallchain offers a solution to mitigate these issues. The investment from Cypher Capital will be used to advance Wallchain’s research on Web3, which focuses on…

    Crypto & Markets 03/16/2023
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  • Galaxy Blitz connects web2 and Web3 through payment channel

    On March 16th, it was announced that Galaxy Blitz, a large Web3 game project, has opened a payment channel for web2 players. At that time, Galaxy Blitz can easily purchase in-game resources using over 130 fiat currencies and over 700 payment methods without any wallet knowledge and operation. Web3 game Galaxy Blitz opens legal currency payment channel Analysis based on this information:The recent announcement of Galaxy Blitz opening a payment channel for web2 players has significant implications in the world of gaming and blockchain technology. Galaxy Blitz is a large-scale Web3 game project that operates on the blockchain. It has now expanded its reach to web2 players, which means that it is now easier for players who are not familiar with blockchain technology to purchase in-game resources. With this new payment channel, Galaxy Blitz has made it possible for players to purchase these resources using over 130 fiat currencies and over 700 payment methods without requiring them to have any…

    03/16/2023
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  • Whampoa Group announces establishment of digital investment institution, Whampoa Digital

    According to reports, the Singapore family office Whampoa Group announced the establishment of a new digital investment institution, Whampoa Digital, and appointed Sherwin Koh and Tim Tan as co investment directors. Sherwin Koh was an early Ethereum and Monroe miner, and also invested in products such as Decentraland and Polygo. Tim Tan was an early employee of QCP Capital, a digital asset trading company. Whampoa Digital will invest in products and services that support and promote large-scale adoption of Web3 through equity and tokens in the future. It is understood that it will deploy $100 million before expanding its investment scale. Digital investment agency Whampoa Digital plans to deploy $100 million for Web3 investment Analysis based on this information:The Whampoa Group, a prominent Singapore-based family office, has recently launched a new digital investment institution labeled Whampoa Digital. The establishment of this new institution has been announced through various reports published lately, along with the appointment of Sherwin Koh and Tim…

    03/16/2023
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  • Relation Protocol: A Decentralized Solution for Data Sharing and Social Interaction

    On March 15th, the Web3 social graph protocol, Relation, proposed the EIP-6239 semantic SBT specification general data model, detailing how Relation builds an innovative decentralized social graph protocol based on RDF (Resource Description Framework) – Relation Protocol, which provides a trusted, open, and interoperable infrastructure for social interaction and data sharing, and can efficiently process massive amounts of complex social data, Improve the efficiency of data analysis by nearly a thousand times, while reducing data friction. Relationship protocol proposes EIP-6239 semantic SBT specification general data model Analysis based on this information:The message presents a groundbreaking solution for data sharing, social interaction, and efficient data analysis. On March 15th, the Web3 social graph protocol, Relation, introduced the EIP-6239 semantic SBT specification general data model to provide an innovative decentralized social graph protocol based on RDF. The Relation Protocol offers a trusted, open, and interoperable infrastructure for social interaction and data sharing. The protocol eliminates the need for intermediaries, making it a…

    03/15/2023
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  • Volare Finance Launches Bigger and Better V2 Option Trading Option

    On March 15th, the Web3 option agreement Volare Finance released a tweet stating that V2 has now been launched with advanced option trading, strategy, margin, hedging, clearing, and other functions. As a completely decentralized platform, it helps users release value through DeFi. Web3 Option Agreement Volare Finance went online in V2 version Analysis based on this information:Volare Finance, a well-known decentralized finance (DeFi) platform, recently announced the launch of V2 option trading. The platform, which operates fully on a decentralized web3 framework, offers a host of advanced features that allow users to maximize profits, mitigate risks, and release value. One of the primary benefits of the V2 option trading system is its advanced trading strategies that allow users to manage their portfolios effectively. With features such as options hedging and margin trading, users can protect against losses and increase their profits by taking strategic positions in the market. Another significant feature of the V2 option trading system is its clearing…

    03/15/2023
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  • Amazon’s NFT Foray: Positive but Limited Impact

    According to reports, when referring to Amazon’s entry into the NFT market, CEO Tieshun Roquerre of Blur stated that although this initiative is “positive”, its impact may be relatively limited. He said, “Whenever there are new paradigms, old institutions rarely effectively manage them. I would be surprised if Web2 could make something compelling in Web3.”, Shiva Rajaraman, CEO of OpenSea, is optimistic about Amazon’s involvement in blockchain and Web3. Blur CEO comments on Amazon’s entry into the NFT market: old institutions or difficulties in effectively managing new paradigms Analysis based on this information:Amazon’s recent entry into the Non-Fungible Token (NFT) market has brought mixed reactions from industry experts. While some see it as a positive move for the industry, others believe its impact would be limited. CEO Tieshun Roquerre of Blur shared his opinion on the matter, stating how new paradigms could challenge old institutions. Roquerre’s views highlight the challenges that traditional institutions would face due to the ongoing shift…

    03/15/2023
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  • Web3 Data Warehouse Platform Space and Time Forms Partnership with South Korean Game Company Wemake

    It is reported that the Web3 data warehouse platform Space and Time has established a strategic partnership with South Korean game company Wemake, which will use Space and Time’s development tool suite to provide power for its game services. Data warehouses aim to combine on-chain and off-chain data in a trusted environment, enabling companies to conduct enterprise level analysis and conduct rapid transactions. Space and Time have reached a partnership with Korean gaming company Wemade Analysis based on this information:It has been reported that Space and Time, a Web3 data warehouse platform, has entered into a strategic partnership with Wemake, a South Korean game company. The main purpose of this partnership is to leverage Space and Time’s development tool suite to power Wemake’s game services. Data warehouses enhance the analytic capabilities of businesses in a trusted environment by aggregating both on-chain and off-chain data. By integrating these two sources of data, enterprises can perform rapid transactions and conduct enterprise-level analysis….

    03/15/2023
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  • OKX President to Speak at 2023 Hong Kong Web3 Carnival

    According to the official news, Hong Kong, president of OKX, confirmed that he would attend the main forum of “2023 Hong Kong Web3 Carnival” and deliver a keynote speech on April 12, 2023. Previously, Hong served as an investment banker at Goldman Sachs for 8 years, focusing on mergers and acquisitions, investment and other businesses of traditional financial institutions and financial technology companies. Hong, President of OKX, confirmed to attend" 2023 Hong Kong Web3 Carnival" And deliver a keynote speech Analysis based on this information:The official news of OKX’s confirmation of their attendance at the main forum of the 2023 Hong Kong Web3 Carnival and delivery of the keynote speech on April 12th, 2023, indicates the significance of the Web3 technology and its relevance in the financial market. The Web3 technology is considered a seamless evolution from traditional Web2 technology, which enables decentralization, peer-to-peer connections, and cryptography features in financial transactions. The Web3 technology is said to revolutionize the traditional…

    03/14/2023
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  • Entre Secures $1.6 Million Seed Round Financing to Build a Community-Centered Web3 Network Platform

    It is reported that Entre, a community-centered Web3 network platform, announced the completion of $1.6 million seed round financing, with Octane Fund leading the investment, Service Provider Capital, CreatorLed Ventures, Kube VC, Umami Capital, Dharmesh Shah (Chief Technology Officer of Hubspot) and other angel investors participating in the investment. Entre currently has more than 70000 users and has rapidly established a community composed of founders, investors and technical professionals to help companies easily obtain the required personnel and resources and establish contacts with each other. Its platform supports the integration of encrypted wallets and blockchains such as DeSo, Coinbase, Metamask and Wallet Connect, and also attracts a large number of Web3 industry talents, Create a talent network platform that is open to all and more universal and inclusive. (streetinsider) Web3 network platform Entre completed a seed round financing of US $1.6 million Analysis based on this information:Entre’s completion of $1.6 million seed round financing marks a significant milestone in the…

    03/14/2023
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  • Moxy Secures Over $10 Million in Financing for Its Web3 Gaming Platform

    It is reported that the Web3 game platform Moxy has announced that it has completed more than US $10 million of financing, with the participation of investors such as Shima Capital, Polygon, MetaTope and GSR. Moxy’s Web3 game platform based on the FLOW blockchain-driven helps players including E-sports players and other players participate in the game and gain incentives in a decentralized, safe and stable way. At the same time, it also allows game developers to seamlessly create NFT based on game assets to promote the popularity of E-sports. In addition, Moxy also uses a unified digital wallet to participate in the game ecosystem so that players can store cryptocurrency and NFT. It is reported that Nolan Bushnell (founder of Atari) Lawrence Siegel (President of Sega Europe) and Tony Bickley (Director of Sega Europe) have joined the Moxy team. Web3 game platform Moxy completed financing of more than US $10 million Analysis based on this information:Moxy, a Web3 game platform…

    03/13/2023
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  • Nissan’s Web3 Trademark Filing and Metaverse Car Sales Experimentation

    On March 13, the Japanese car brand Nissan recently submitted four new trademarks related to Web3 in the United States, and its Japanese subsidiary is experimenting with car sales in the metauniverse. The automobile brand Nissan applied for four new Web3 trademarks and tried to sell them in the universe Analysis based on this information:Nissan’s recent filing of four new trademarks related to Web3 in the United States signals an apparent interest in exploring the potential of blockchain technology and decentralized systems. This move comes at a time when there is a growing trend towards blockchain adoption in various sectors, including the automotive industry. Web3 refers to the third generation of the internet, which is expected to decentralize control and ownership of data, applications, and digital assets. The four trademarks that Nissan registered with the US Patent and Trademark Office (USPTO) are related to the areas of “edge node,” “edge wallet,” “blockchain edge,” and “peer-to-peer network.” These filings suggest that…

    03/13/2023
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