Tag: Web3.0

The Web3.0 gaming and entertainment studio, Heroic Story successfully raised $6 million in a seed financing round

Mythical Games, a web3.0 gaming studio has been forced to reduce its headcount by 10 percent amid the ongoing crypto winter

Open Metaverse Alliance for Web3.0 the metaverse interoperability DAO is officially launched and is giving out membership to creators

Enterprise blockchain and crypto solutions company Ripple Labs has unveiled the second wave of creators who will receive its Creators’ Fund

Sandeep Nailwal has debunked the misconception being paraded by certain Web3.0 pessimists that the blockchain only has ‘imaginary use cases.’

Polygon network has announced its partnership with the Ocean Conservation Exploration and Education Foundation (OCEEF)

Warner Music Group, an American multinational entertainment and record label firm wants new hands to build its Web3.0 teams

The world’s first Web3.0-focused browser, Opera Crypto Browser has entered into a partnership with Elrond to grant its users access to the Elrond ecosystem. According to Opera, the partnership will take a full course at the end of 2022. After that, Opera users will be allowed to send and receive Elrond’s native token, EGLD, via […]

United States investment bank JPMorgan which prides itself in being the first bank in the metaverse with the launch of a virtual lounge, is looking to expand its reach in the crypto ecosystem.  The Wall Street megabank intends to hire someone to push institutional payments products onto new crypto, Web3.0, and metaverse clients. The new […]

Cryptocurrency influencer Cooper Turley launched a Web3.0 music fund ‘Coop Records Fund I’ which has generated $10 million in the capital in a strategic round. Interestingly, the fund will usher in a new era of investing directly in music artists through cryptocurrencies, especially non-fungible tokens (NFTs).  25-year-old Cooper Turley is a diehard player in the […]

San Francisco-based venture capital company MetaWeb has secured $30 million in its first funding round focused on early startups.  According to the announcement, the fund tagged Fund I will be invested in decentralized finance (DeFi), decentralized social media, decentralized autonomous organizations (DAOs) as well as gaming. Specifically stated in a tweet made by the venture […]

Multimedia instant messaging app Snapchat is closing down its Web3.0 division in addition to its retrenchment exercise.  Snapchat claims to be doing all of these to maintain a balance as it has already fallen short of its financial target. According to CEO Evan Spiegel, cutting down Snapchat’s workforce by almost 20% was a difficult decision […]

Blockchain startup Alchemy has announced its acquisition of ChainShot, a Web3.0 educational platform for prospective developers. With the deal, more developers will gain free access to Web3.0 developer education. This aligns with the everyday goal of the blockchain development company which is to “Bring web3 to a billion people.” ChainShot, co-founders Cody McCabe and Dan […]

BitDAO, a Decentralized Autonomous Organization (DAO) empowering the next generation of Web3 builders has announced that it will be bankrolling AfricaDAO, another fund that is committed to growing the blockchain ecosystem on the African continent with the sum of $20 million. AfricaDAO's proposal to accelerate Web3 adoption across Africa has been approved to receive $20M […]

Early-stage crypto investment firm, Variant has started a $450 million round across two venture funds.  According to a Thursday announcement, the first venture fund which yielded $300 million is credited as an opportunity fund while the second ($150 million) is targeted toward early startup Web3.0 projects. Variant wishes to utilize for penetrating Web3.0 and decentralized […]

Cybersecurity firm Naoris Protocol announced the end of a funding round that generated $11.5 million. The startup intends to reimagine network security for the Web3 world with this fund. By the end of the year, it would have designed a decentralized proof-of-security consensus mechanism. Tim Draper, founder, and CEO of Draper Associates who is also […]

There is a saying in the crypto industry that 2022 will be the leap year of DAO. DAO has come under the spotlight of the crypto world. As people discovered the crypto world, Ventures DAO started to shine, attracting KOL’s attention. For example, Mark Cuban, a billionaire entrepreneur, has called “DAO” the ultimate combination of […]

The government of Shanghai in its “14th Five-Year Plan for Shanghai’s Digital Economy Development,” has identified blockchain technology as one of the key innovations that can help advance its projected digital transformation.  According to the notice issued by the office of the government of Shanghai, there is an active projection to increase the quota of […]