Web3

News and Trends

Animoca Brand's The Sandbox Raises $20M, Attains Unicorn Status

According to the official release, the infused capital will be used to continue advancing The Sandbox's vision of a decentralized virtual world. It will be updating its Game Maker and VoxEdit 3D editor tools; introducing new social interactions and abilities for avatars; and expanding gameplay possibilities via its new multiplayer rules system, expected to launch in Beta later this year and to the public in 2025

News and Trends

4 Key Trends in Web3 Enterprises Should Watch Out For

Markets and Markets report that the global Web 3.0 market will touch USD 5.5 billion by 2030, growing at a CAGR of 44.9 per cent.

News and Trends

Navigating Web3 Startup Landscape with Limited Funds

According to Crunchbase data, in the first two quarters of 2023, funding dipped by 78% and 76%, respectively, as compared to the same time period in 2022. In 2023, VCs injected $10.7 billion in crypto startups, a 68% decrease from the $33.3 billion in 2022

News and Trends

Polygon Co-Founder Sandeep Nailwal Steps Into Chief Business Officer Shoes; To Focus on ZK Solutions

Notably, he will also build the foundation for developer and tech integrations of the February-launched decentralized protocol AggLayer

News and Trends

UAE-Based Param Labs Secures US$7 Million In A Funding Round Led By Animoca Brands, With Support From Delphi Ventures, Mechanism Capital, And Others

Strategic investments were made by Animoca Brands co-founder Yat Siu and FaZe Clan co-founder Richard "FaZe Banks" Bengtson as well.

Technology

Relm Insurance Founder Joseph Ziolkowski Discusses Insurance Solutions For The Crypto Industry At TOKEN2049 Dubai

Don't miss this discussion on the evolving role of insurance in the crypto ecosystem.

Finanzas

Por qué los reguladores estadounidenses deben impulsar la Web3

Los desarrollos bajo el lema Web3 —incluidos los activos digitales y blockchain— permanecen, en su mayoría, al margen, en gran medida debido a la incertidumbre regulatoria.

News and Trends

Web3 Funding Is Down, Not Out

Startups such as Purple Pay, Striker, Cult & Rain, Recur, VIBRA and Nifty's ceased operations over the past year. Starbucks, Nike, and Tencent also closed their Web3 divisions

Technology

Here's How You Can Be A Part Of The Inaugural Leaders In Web3 Conference And Awards Happening On September 26, 2024

The Leaders in Web3 Conference and Awards are set to honor innovators who are disrupting industries with their blockchain, cryptocurrency, and Web3 solutions.

News and Trends

Vodafone Aiming to Integrate Crypto Wallets Directly into SIM Cards

The move comes as Vodafone India, a separate entity which sees Vodafone Group have a 45 per cent stake, take approximately USD three billion in debt

News and Trends

Web3 Live-streaming App Chingari Forays Into Web3 Gaming

Built on the Aptos blockchain, Chingari Game Zone in its initial stage will offer a curated selection of popular and engaging mobile games, Ludo, a voice communication-based web3 game

News and Trends

Crypto Updates: Hong Kong ETF Goes Live, Australia Speculated to Give ETF Approval By 2024-end and Lukewarm Halving

Institutions such as Standard Chartered Bank are optimistic and hope Bitcoin value soars to USD 100,000 by the year-end

News and Trends

When is Blockchain Adoption Right? Industry Players Share Views

By 2030, the blockchain technology market is projected to reach an impressive value of USD 137.8 billion

News and Trends

This Venture Capital Fund is Betting Big on Gaming and VR

An early-stage TMT venture fund investing across India and the US, it is focused on providing global investors access to the vibrant Indian digital landscape, while enabling domestic scale-ups to enter global markets

Women Entrepreneur®

Committed To Success: Farah Zafar, Co-Founder And CEO, Lyvely

Lyvely co-founder and CEO Farah Zafar is all set to shake things up in the dynamic realm of tech and Web3.