In recent times Large IT giants are preparing to enter into Metaverse, Web 3 & ecommerce. Flipkart is expect to make an official announcement of Flipverse soon. Flipkart is launching Flipverse in India, an engaging virtual shopping destination. According to sources close to the initiative, the eCommerce giant has partnered
Fetch-ai Network, which is powered by advanced AI and machine learning algorithms, recently on-boarded 40,000 more users and is focused on scaling its network usage. Fetch-ai Network has reached this milestone right after announcing its $150 Million Development fund, which was through a collaboration with MEXC Global and ByBit. Fetch-ai
The business has eliminated all Web3 employees as part of its ongoing reorganization. Jake Sheinman, head of Snap’s Web3 team, announced his departure. On Friday, Snap Inc. CEO Evan Speigel revealed in a statement that the business has taken the painful choice to lay off 20% of its employees. According
Pascal Gauthier says there is no longer a need for centralized exchanges. Consumers should utilize decentralized technology, as per the Ledger CEO. Pascal Gauthier, the CEO of Hardware wallet developing technology, Ledger recently warned the consumers in connection with investing in centralized exchanges. In an interview held at the Bitcoin
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
