Web3

On March 28th, Crypto 1 announced the establishment of a C1 secondary fund, with the goal of investing $500 million in the secondary market of blockchain, cryptocurrency, Web3, and

It is reported that according to the official Twitter message of OKX in Chinese, the Layer2 public chain OKBC has officially announced its development roadmap, which will implement

It is reported that the investment institution Giants Innovation Hub has announced three new plans, namely, Giants Esports Lab, Giants Media 4 Equity, and Giants Venture Capital. The venture capital fund Giants Venture Capital will have a scale of 50 million euros and focus on investing in innovative projects in the fields of Web3, Metaverse, and blockchain. It is reported that the fund plans to invest in about 40 projects, The amount of investment for each project will vary from € 10-3 million. Interpretation of this information: Giants Innovation Hub,…

According to reports, the Web3 social layer and Layer1 network DeSo have announced the upcoming release of version 2.0. Currently, the proof of interest system Revolution has been announced. In addition, there are updates such as Production Fast-Hotstuff, Sovereign Pledge, Liquid Bonding, and Collaborative. Interpretation of this information: The announcement of the upcoming release of version 2.0 of the Web3 social layer and Layer1 network DeSo marks a significant development in the world of decentralized finance (DeFi), as it promises to bring a range of updates and improvements. One of…

According to reports, Web3 domain name provider Unstop Domains announced on Wednesday that it will launch Unstop Messaging, a platform that allows users to send encrypted messages to each other from Polygon based domains. It is planned to launch by the end of 2023. Unstop Domains aims to help Web3 projects plan and establish their communities, and aims to help users bring their digital identity to the Web3 experience. Holders can use the end of their domain name, such as. polygon,. nft, or. x, to send peer-to-peer messages to another…

According to reports, India’s Web3 company NoCap Meta announced the completion of a 20 million rupee financing, with Sunicon Ventures participating in the investment to promote its growth in the metauniverse and digital technology field. Founded in 2021, NoCap Meta has established partnerships with Metastar Media, Breathe ESG, and Yaap Digital&Neo Asset Management, with new funds to accelerate growth and continue to provide cutting-edge solutions to customers. （contentmediasolution） Interpretation of this information: The recent news about NoCap Meta, an Indian Web3 company, completing a 20 million rupee financing round has…

According to reports, Yat Siu, co founder and chairman of Animoca Brands, a Web3 game developer and investment company, said on Tuesday that Asian companies are more willing to adopt and invest in Web3 technology than their North American counterparts. Siu stated that among the major international game publishers and their 400 portfolio companies, companies located in Japan, South Korea, Hong Kong, and Southeast Asia are more active in discussing, building, and adopting technology, such as NFT and Metaverse, rather than in the United States. Interpretation of this information: In…

It is reported that Edgevana, a bare metal data center aggregator and technology provider focused on Web3, has announced that it has integrated the Aptos ecosystem. By leveraging Edgevana’s one click deployment market, Aptos participants can launch full node and indexer nodes, all of which are completely decentralized. Interpretation of this information: The recent announcement by Edgevana is likely to excite those involved in the emerging technology of Web3, as it represents a step forward in the integration of different platforms and ecosystems. Edgevana is a company focused on providing…

On March 22nd, according to official news, the NFT auction agreement Burnt Finance announced the official change of its name to Burnt, aiming to expand the influence of Web3 beyond the scope of DeFi. Interpretation of this information: The recent announcement of Burnt Finance’s name change to Burnt reflects a larger trend of the blockchain industry’s expansion beyond decentralized finance (DeFi). Burnt Finance, as an NFT auction agreement, previously operated within the DeFi space, but the rebranding signals a shift towards a more comprehensive presence in the wider Web3 ecosystem….

According to reports, the Web3 community management platform TYB has announced its participation in the Shopify App Store. TYB (Try Your Best) is built on the Avalanche blockchain, providing brands with tools to expand their customer loyalty programs, allowing their brand lists to connect TYB widgets to their Shopify checkout experience. （coindesk） Interpretation of this information: The introduction of TYB into the Shopify App Store is a significant development for the e-commerce industry. TYB is a Web3 community management platform that has been built on the Avalanche blockchain. The aim…

According to the latest report on the status of European encryption venture capital, European encryption startups raised a record $5.7 billion in venture capital funds last year, up from $5 billion in 2021. The investment cycle follows the global trend of peaking in the second quarter of this year and falling sharply in the first quarter. Web3 remains a key area, while the fastest growing vertical area is infrastructure, including developer tools, blockchain scalability solutions, and Layer1 blockchain. Interpretation of this information: The encryption industry in Europe is growing rapidly,…

According to the latest report on the status of European encryption venture capital, European encryption startups raised a record $5.7 billion in venture capital funds last year, up from $5 billion in 2021. The investment cycle follows the global trend of peaking in the second quarter of this year and falling sharply in the first quarter. Web3 remains a key area, while the fastest growing vertical area is infrastructure, including developer tools, blockchain scalability solutions, and Layer1 blockchain. Interpretation of this information: The latest report on the status of European…

According to reports, at the Aspen Digital Web3 Investment Summit, the Secretary for Financial Affairs and Treasury (FSTB) of the Hong Kong Special Administrative Region Government, Xu Zhengyu, stated that cryptocurrency companies around the world have expressed increasing interest in transferring their business to Hong Kong jurisdictions. In addition, FSTB plans to allocate another $50 million this year to accelerate the development of the Web3 ecosystem. The funds will be used to: organize major international Web3 events; Increase the number of youth education workshops; Establish a working group to study…

According to reports, the AI-based Web3 platform OP3N completed a round A financing of $28 million with a valuation of $100 million, led by Animoca Brands, Dragonfly Capital, SuperScrypt, Creative Artists Agency, and Blizzard Fund of New Enterprise Associates, Republic Crypto, Avalanche, Galaxy Digital, Warner Music Interactive, GSR Markets, The Spartan Group BRV Capital Management and NBA player Russell Westbrook participated. Interpretation of this information: OP3N, an AI-based Web3 platform, has recently gained much recognition and funding securing round A financing of $28 million with a valuation of $100 million….

On March 21, it was reported that Australian venture capital firm VentureCrowd is raising $1400 to expand the Southeast Asian market and increase investment in the Web3 and blockchain sectors. So far, the venture capital has locked in more than $6 million. VentureCrowd stated that once this financing transaction is completed, it will explore the Web3 market, and has now begun to study relevant elements and view this strategy as the “future of wealth technology”, including real world asset tokenization, blockchain security, and so on. Interpretation of this information: Australian…

According to reports, Australian venture capital firm VentureCrowd is raising $1400 to expand the Southeast Asian market and increase investment in Web3 and blockchain. So far, the venture capital has locked in more than $6 million. VentureCrowd stated that once this financing transaction is completed, it will explore the Web3 market, and has now begun to study relevant elements and view this strategy as the “future of wealth technology”, including real world asset tokenization, blockchain security, and so on. （businessnewsaustralia） Interpretation of this information: Australian venture capital firm VentureCrowd has…

On March 20th, TTV Capital announced that its sixth fund had completed a US $250 million fundraising. The fund initially set a funding target of US $150 million, but has now oversubscribed US $100 million. The new fund plans to invest in early stage financial technology companies in the fields of payment, investment, Web3, and embedded finance. Interpretation of this information: TTV Capital, a venture capital firm investing in technology startups, has announced its sixth fund has reached a total of US $250 million, surpassing its initial target of US…

According to reports, sources have revealed that the Dubai Multi Commodities Center (DMCC) recently announced the signing of two memorandums of understanding with a South Korean Metaspace platform, planning to establish a partnership to promote the expansion of the United Arab Emirates’ Web3 business globally. DMCC was established in 2002 as the largest free trade zone in the United Arab Emirates; In 2021, the government launched the DMCC Encryption Center, which is an integrated ecosystem for enterprises in the encryption and blockchain fields. Data shows that the United Arab Emirates…

According to reports, Salesforce, a customer relationship management (CRM) platform, said on Wednesday that it was expanding its customer service to include management of the NFT loyalty program. According to its website, the product suite that makes up Salesforce Web3 will help companies build, manage, and integrate NFT into their business. The new platform will also support Web3 technology through its customer service product, Customer360. Interpretation of this information: Salesforce, a leading CRM platform, has recently announced an extension of its services to encompass the management of non-fungible token (NFT)…

According to reports, Web 3 infrastructure company Mysten Labs announced today that it has established a partnership with game studio BlueJay Games. Through this collaboration, BlueJay Games will launch a mobile Web3 arcade game, Arcade Champion, on Sui. Interpretation of this information: Web 3 infrastructure company Mysten Labs recently revealed a new partnership with game studio BlueJay Games. The collaboration aims to launch a mobile game on Sui, an up-and-coming platform for Web3 applications. This move reflects a promising step towards the adoption of blockchain technology and cryptocurrency in the…