Oasys Taps AWS to Launch Online Web3 Gaming Hackathon
The Oasys prize pool, totaling $30,000 in USDT, will be divided among winners in the First Place $15,000, Second Place $10,000, and Third Place $5,000 respectively.
Animoca Founder Highlights China’s Influence on Hong Kong’s Crypto Push
In his speech, Siu emphasizes the importance of fighting US hegemony and lowering reliance on the US dollar for countries such as China.
Animoca Brands Cuts Web3 Fundraising Projection by 50%
Animoca Brands was impacted by the FTX collapse as about a dozen of its outfits had significant exposure to the bankrupt firm.
Elrond Network Transforms and Expands into MultiversX
The transition to MultiversX means a lot for Elrond Ecosystem as it represents a tectonic shift in ideology, and core pursuits.
nxyz Completes $40M Series A Funding Round, Aims to Bolster Web3 Adoption
nxyz hopes to build on its existing data infrastructure for blockchains to help developers build a better internet.
CoinFund Floats $300M Web3.0 Fund to Back Innovative Protocols
CoinFund has been a dedicated investor in the digital currency ecosystem for a while now, and the companies in its portfolio include Blockdaemon, Polkadot, Dapper Labs, and Rarible.
DEIP Partners with Roketo and Sets Up Over 1000 Financial Streams to Power Creator Economy
The cliff functionality introduces a whole new use case for DEIP and its onboarded creators.
Crypto Payments Startup Merge Pulls $9.5M in Seed Funding
Investors backed the firm in part thanks to the fact that they recognize the experience the team behind the project brings to the table, and how essential the solution being introduced is.
90% of the Project Developers are ‘The Elephant in the Dark’
Web3.0 will require project organizers to have higher tests.
Andreessen Horowitz Launches New $4.5B Crypto Fund
Andreessen Horowitz said approximately $1.5 billion of the new funds will be invested in startups at the seed fund stage while the remaining $3 billion will serve as venture investments.
Andreessen Horowitz Floats $600M Fund for Gaming Ecosystem
a16z believes that gaming will occupy a key position in the emerging metaverse world, and the launch of Games Fund One will be one of its ways to align with the future.
Iskra, Next-Gen Web3 Startup, Secured $34M from Giant Investors
The platform will be powered by the ISK Tokens which will serve as the exclusive asset for the platform’s pioneer Non-Fungible Token (NFT) and also be deployed as the governance token along the line.
Tencent Joins Investors in Funding UK Fintech Firm Previse
As a multi-billion dollar conglomerate, Tencent is spreading its tentacles to a number of emerging technologies to boost its role as a pioneer in the Chinese internet ecosystem.
Web 3.0 Is Significant to China’s Future Internet Infrastructure, Says Yao Qian
Yao noted that the Web 3.0 ecosystem is safe and trustworthy, a position that the Chinese government has been looking to propound on despite its harsh stance toward digital currencies.
Venture Capital Firm a16z to Raise $4.5B for New Crypto Funds
The move by the a16z venture capital outfit to raise funds to invest in Web3.0 and metaverse focused innovations has a very subtle link with Facebook Inc’s rebrand to Meta Platforms Inc.