Web3

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

February 23, 2023 1 min read

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

Tencent Cloud Takes on Web3 with New Initiatives

February 23, 2023 1 min read

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,

Saudi Aramco Enters the World of Web3 Through Partnership with droppGroup

February 23, 2023 1 min read

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

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

February 17, 2023 4 mins read

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

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

February 16, 2023 2 mins read

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

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