The NFT age, which aims to compete with and against the traditional art sector, is just starting. However, the younger generation is leading the charge by democratizing this new method of purchasing video games and artwork. For example, nearly half (49%) of young adults between 18 and 24 are open
G4AL, homegrown game studio and publisher, is proud to announce its partnership with the Indian extension of Yield Guild Games (YGG) – IndiGG, a web3 gaming guild from India. After its recent partnership with YGG, Manel Sort and his team are focusing on expanding across continents through YGG’s sub-DAOs, offering
Prominent Blockchain Platform is launching a new entertainment Web3 project, in different fields. With the new project, the platform is aiming to build a distributed entertainment ecosystem. The blockchain-based entertainment platform, MetaSolare is now ready to provide a completely different experience to its users. According to the official reports, the
Web3Chennai held its first Chainlink Chennai community meet-up on Demystifying Chainlink Oracles and VRF. The speaker for the first half session was Divya Gupta, Web3 developer, and Chainlink advocate. And the cherry on the top of the event was the interactive session with Vijay Pravin, Founder & CEO of bitsCrunch.
In order to deliver an MVP by the end of 2022, Naoris Protocol, a unique cybersecurity network that uses an AI-based risk management system and a mesh-based decentralised validator structure, has secured $11.5M from the world’s top investors. Many well-known technology investors, such as Draper Associates (founded by Tim Draper),
Unstoppable Domains raises fundings of $65 million in series A fundings. So far has registered more than 2.5 million NFT token domains. Fundings to be used for new innovative Web3 attributes and applications. The Unstoppable Domains has so far been the most prominent Non Fungible Token (NFT) token domain registering
Policy-making will also be a part of Web3’s development, according to the release. Web3 Policy Office” will be more than merely a consulting organization. Web3 Policy Office is established by Japan’s Ministry of Economy, Trade, and Industry (METI) in the Minister’s Secretariat. As part of the new organization, the departments
Q2 investment memo showed a 34% decrease in transaction activity. Besides Web3 infrastructure, the company spent aggressively on blockchain gaming. According to Coinbase Ventures’ Q2 report, overall deal activity fell in tandem with the prevailing gloomy tone in the market. However, the firm’s investment thesis on infrastructure projects that exhibit
During the past few months, the creator economy achieved tremendous growth. The creator economy and Web3 technology are expected to converge in the future. The creator economy is a thriving sector now, which continuously flourishes day by day. The recent technological advancements have increased the potential of the creator economy.
10,000 new web3 jobs will be created as part of the company’s $380 million investment. According to the notification, local university graduates would be given precedence. Dunamu, an asset management, and fintech company plans to invest $380 million to generate over 10,000 new web3 jobs. Dunamu is a well-known South
