Browsing:Web3

Web3 Domain Alliance Announces New Members to Protect User-Owned Digital Identities
1 year ago 4 mins read

Web3 Domain Alliance Announces New Members to Protect User-Owned Digital Identities

San Francisco, United States, 22nd February, 2023 Unstoppable Domains commits to not assert against members of the Alliance its patents that are necessary to adopt the Alliance’s interoperability and security standards The Web3 Domain Alliance, a member-led coalition dedicated to improving the technological and public policy environments for users of Web3 naming services, today announced 52 new members including Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever, along with dozens of other naming systems, projects and companies. In order to support the ongoing development of digital identity technology in Web3, Alliance members including Unstoppable Domains will make contributions, including technology, to

This is not Ubisoft’s first venture into the Web3 world
1 year ago 1 min read

Ubisoft Expands Web3 Presence with Launch of Rabbids NFTs on The Sandbox

Ubisoft, the video game publisher behind popular franchises such as Assassin’s Creed and Just Dance, has released Rabbids NFT avatars for The Sandbox, an Ethereum metaverse game. This is not Ubisoft’s first venture into the Web3 world, as it previously released in-game NFT items for Ghost Recon Breakpoint. The Rabbids NFT avatars are being sold for 100 SAND, or about $78, each on the Ethereum scaling network Polygon. The sale is themed after the Lunar New Year, and buyers will get to see various designs on Friday. The avatars are a “key to future utility” in The Sandbox and provide

Tencent Cloud Unveils Plans for Web3 Adoption and Innovation
1 year ago 1 min read

Tencent Cloud Takes on Web3 with New Initiatives

Tencent Cloud, the Chinese tech giant, has announced a new suite of crypto-native partnerships and web3-based initiatives, signaling renewed optimism for cryptocurrency in China. The move positions Tencent Cloud alongside global tech firms like Google and Amazon, who have also made recent strides in the Web3 space. Tencent Cloud’s new Web3 investment includes blockchain-based APIs, ‘metaverse-in-a-box’ offerings, and more, and they will be working with crypto companies Ankr, Avalanche, Scroll, and Sui to develop a full suite of blockchain API services, build scalable solutions, and optimize infrastructure for Web3 gaming. SVP at Tencent Cloud International, Poshu Yeung, stated that Tencent

Saudi Aramco dives in Web3
1 year ago 1 min read

Saudi Aramco Enters the World of Web3 Through Partnership with droppGroup

Saudi Aramco, the world’s largest oil producer, has signed a memorandum of understanding (MoU) with droppGroup to explore co-developing a range of Web3 technologies. The partnership aims to leverage blockchain technology to create innovative solutions for Aramco’s employees, including potential on-boarding, training ecosystems, tokenized networks, and rewards programs. The third generation of the internet, Web3, is driven by blockchain technology, and it has been gaining traction in various sectors, including finance, supply chain management, and social media. With the latest partnership, Saudi Aramco is joining a growing number of global corporations that are embracing blockchain technology to streamline operations, improve

Sony Network Communications and Astar Network Launch a Joint Web3 Incubation Program
1 year ago 4 mins read

Sony Network Communications and Astar Network Launch a Joint Web3 Incubation Program

Tokyo, Japan, 17th February, 2023 Sony Network Communications, inc. , an operating company of the Sony Group, will co-host a Web3 Incubation Program with Astar Network, the smart contract platform for multichain. Sony Network Communications and Astar Network will combine their resources and expertise to jointly nurture Web3 projects focused on the utility of NFTs and DAOs.  The Web3 Incubation Program powered by Sony Network Communications and Astar will run from mid-March to mid-June. The program will begin accepting applications on February 17. Both Sony Network Communications and Astar Foundation will review all applications and decide 10 to 15 cohorts.

One World Nation Launches Exclusive NFT Skins for Valentine’s Day
1 year ago 2 mins read

One World Nation Launches Exclusive NFT Skins for Valentine’s Day

Bengaluru, India, 15th February, 2023 Cupid has struck the Cryptoverse with the launch of special NFT skins for Valentine’s Day. Developed by the successful web3 gaming ecosystem One World Nation (OWN), the skins can be won by players by participating in love-themed community events and emerging triumphant. During OWN’s Love Week, players can also gift special discount coupons to themselves or their Community Valentine. India’s top Play-to-Earn game, Crypto Fantasy is the flagship game of One World Nation. Based on the turbulent cryptocurrency markets, Crypto Fantasy gamifies the art of earning from digital asset movements. Crypto Fantasy forms a battleground of

Abu Dhabi Hub71+ program is set to provide up to $2 billion in funding and resources
1 year ago 1 min read

Abu Dhabi Commits $2 Billion to Support Web3 Startups

In an effort to provide a supportive environment for Web3 and blockchain startups, the Hub71+ program is set to provide up to $2 billion in funding and resources, including access to capital and business networks. The initiative also promises to provide a range of support to startups, such as acceleration programs, mentorship, and access to corporate, government, and investment partners. In addition, startups that join the Hub71+ program will receive a range of benefits, including access to the FABRIC network, crypto exchanges, and service providers. Also, initiative will focus on the development of the Abu Dhabi startup ecosystem, providing funding,

Venom Blockchain Partners with DAO Maker to Incubate Web3 Startups Focused on Real-world Use Cases
1 year ago 3 mins read

Venom Blockchain Partners with DAO Maker to Incubate Web3 Startups Focused on Real-world Use Cases

Abu Dhabi, Abu Dhabi, 13th February, 2023 Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), has announced a partnership with DAO Maker, a leading blockchain growth solutions provider known for their Launchpad, to incubate promising Web3 startups focused on delivering real-world use cases. DAO Maker will actively assist in the development of the Venom ecosystem and contribute to the success of projects within the Web3 space. With DAO Maker’s support, Venom is confident that it will enable developers to make valuable contributions to the ecosystem and accelerate the growth of its community. Venom Foundation

Webacy has announced the successful closure of a $4 million
1 year ago 4 mins read

Crypto Wallet Security Layer Webacy Raises $4M

San Francisco, United States, 9th February, 2023 Webacy has announced the successful closure of a $4M seed round to support its goal of making web3 safer. gmjp led the round which also included Gary Vaynerchuk and AJ Vaynerchuk, Mozilla Ventures, Soma Capital, DG Daiwa Ventures, Quantstamp, CEAS Investments, Dreamers, and Miraise. The event is Webacy’s second round of financing, following a pre-seed raise in late 2021. Notable previous investors include Pareto Holdings, Quiet Capital, LOI Venture, MetaverseHQ, and Origin Protocol. The two rounds bring Webacy’s total financing to over $5M. Louis Kang, Partner at gmjp, said: “We’re excited to back

Rihanna's popular hit single has been offered as a non-fungible token (NFT)
1 year ago 1 min read

Rihanna’s Hit Song Now Available as NFT with Royalty Sharing Before Super Bowl

Rihanna’s popular hit single “B**** Better Have My Money” has been offered as a non-fungible token (NFT) by Web3 music startup anotherblock. This innovative platform works with rights holders, including artists, producers, and writers, to divest a portion of their streaming royalty rights, which are then offered as fractionalized NFTs. Music producer Deputy, who was involved in the production of the hit single, is granting a portion of his streaming royalties to collectors through anotherblock. The song has received almost 1 billion streams across different music sharing platforms and has gone triple platinum in the US. On Thursday, 300 royalty-linked

Aptos Labs
1 year ago 1 min read

Venture Capital Firm Aptos Labs Invests in Web3 TikTok Alternative Chingari

Aptos Labs, a blockchain company, is making its move into web3 social media by investing in Chingari, a short video app. With five million daily active users and over 200 million videos watched daily, Chingari has established itself as a popular platform for users to upload and share short videos, similar to TikTok. As a result of the investment, Chingari will now be powered by the Aptos blockchain. The Aptos network offers speed, safety, and scalability, which will support Chingari’s growing number of users and its plans to onboard even more in the future. Chingari initially started as a web2

Gala Music, a global leader in Web3 music,
1 year ago 3 mins read

Gala Music Takes Over Grammys Weekend To Discover Tomorrow’s Biggest Artists

Los Angeles, California, 8th February, 2023 Right before one of the biggest nights for recording artists, Gala Music, a global leader in Web3 music, ran an Open Mic event to find and celebrate undiscovered talent by holding auditions to win a career-making contract with the company. Up-and-coming musicians lined the street outside The Wayfarer LA for a chance to launch their careers with Gala Music. Over 50 artists had the opportunity to perform in front of a live audience at the event which also attracted the attention of music industry experts, including Leila Steinberg, artist mentor and first manager for superstar

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