Web3

Abu Dhabi Commits $2 Billion to Support Web3 Startups

February 15, 2023 1 min read

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

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

February 13, 2023 3 mins read

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

Crypto Wallet Security Layer Webacy Raises $4M

February 10, 2023 4 mins read

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

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

February 10, 2023 1 min read

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

Venture Capital Firm Aptos Labs Invests in Web3 TikTok Alternative Chingari

February 9, 2023 1 min read

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

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

February 9, 2023 3 mins read

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

Fuse Network Launches Web3 Platform to Drive Crypto Adoption

February 7, 2023 1 min read

Fuse Network has launched a payments network designed for mainstream businesses in the hopes of increasing crypto adoption. Fuse 2.0 is a low-cost, adaptable, and user-friendly solution that is compatible with mobile devices and aims to compete with traditional payment networks like Visa and Mastercard. The network is divided into three levels: merchants, operators, and validators. Merchants create Web3 apps for customers, transactions are handled by operators, and validators provide

Metacade presale investment rockets past $5 million as GameFi investors hurry to buy remaining MCADE tokens

February 3, 2023 3 mins read

London, United Kingdom, 2nd February, 2023 The Metacade presale is selling out fast with stage 3 coming to a close after just 12 days. The presale of the play-to-earn (P2E) metaverse arcade saw its previous rounds sell out within 4 weeks, raising $2.7 million but this has been dwarfed in comparison to the third stage selling out at lightning speed and bringing the project to raise past $5 million in just several

VitaDAO Secures $4.1M Investment from Pfizer Ventures for Longevity Studies

January 31, 2023 1 min read

VitaDAO, a Decentralized Autonomous Organization (DAO) focused on longevity research, has closed a $4.1 million funding round led by Pfizer Ventures. The funding round also includes contributions from Shine Capital, L1 Digital, BeakerDAO, Spaceship DAO, former Coinbase CTO Balaji Srinivasan and Retro Biosciences’ Joe Betts-LaCroix. VitaDAO was founded in 2021 with the aim of funding research into diseases of aging and cellular biology, and has deployed over $3.5 million towards

Fortnite Star Mongraal Scores Big on Bored Ape’s Dookey Dash NFT Game

January 31, 2023 1 min read

Professional Fortnite player Mongraal set a new high score on Bored Ape Yacht Club’s game Dookey Dash and posted a screenshot on Twitter. The high score may attract the attention of Mongraal’s 2 million Twitter followers and 4.6 million YouTube subscribers to NFTs and crypto gaming. The move may direct attention to Yuga Labs, the creator of Bored Ape Yacht Club, and the crypto gaming industry. Blockchain-based gaming has been

GAIN Expo, May 04-05, Amsterdam, The Netherlands

January 29, 2023 1 min read

Not every leader is an innovator. But every innovator is a leader. On May 4–5, Amsterdam will be held the first event dedicated to innovation in the game industry. The exhibition will feature over 50 exhibitors who want to share their innovative products and developments.   How to use it? What is the interest? Why do you need to integrate it into your business now?   Take everything you have about NFT,

Mango Labs Takes Legal Action Against Alleged Hacker Eisenberg

January 27, 2023 1 min read

Avraham Eisenberg is facing a legal battle with the Solana-based decentralized exchange (DEX) Mango Markets over a “profitable trading strategy” he allegedly used to exploit a vulnerability on the platform and take advantage of the exchange’s users. In October 2022, the trading platform reported an anomaly and took precautionary measures to protect users’ funds. The hacker was identified as Avraham Eisenberg and the U.S. Department of Justice arrested him for