Khaby Lam will help Binance, the worlds largest crypto exchange in terms of trading volume, bust myths about the digital currency and Web 3 -- an evolutionary step ahead for the internet.
The top deals of this year include Polygon’s $450 million fundraise, $136 million of CoinDCX, NFT marketplaces Rario and Fancraze raising over $100 million and SaaS startup Coinshift’s fundraise.
Fitmint is a move-to-earn app with in-built NFT gaming and social-fi elements allowing users to earn rewards in crypto or NFTs by walking, running or working out
Experts decode Web3 possibilities for modern marketers who are exploring the future internet that will be driven by blockchain technology and token-based economics.
DAOLens was founded in January 2022 by Vikram Aditya and Apoorv Nandan, which aims to simplify the process of operating a decentralised autonomous organisation (DAO) by helping businesses with onboarding, contribution management & discovery.
Polygon in a press statement, said that Web3 mainstream adoption is one of the organization’s biggest challenges, and employing people-centric solutions will maximize the potential of Polygon’s human capital in reaching its brand objectives.
A recent report says India is witnessing the biggest relative growth in Web3 development compared to other economies, including the US, Germany, the UK and France
Lifted by the hype around NFTs, the market for digital tokens hit a peak of $23 billion last year; it has now dropped by almost half to $12 billion, according to CoinMarketCap, a price tracking website for crypto assets.
Polygon hosts over 19,000 decentralized apps (dApps), with over 135 million unique user addresses, and boasts over $5 billion in total value locked-in (TVL).
For now, Spotify will not be taking a commission to list the NFTs
Freemium segment will be the gaming company's biggest focus in terms of its mergers & acquisitions this year
CoinDCXVentures has invested in seven Web3 startups including Web3 social network Taki, notification protocol EPNS, and cross chain solution Router Protocol.
Web3 can be as big of an opportunity for India as Web2 was for China, said MPL co-founder Sai Srinivas
“We’re excited to be able to help Elon realize a new vision for Twitter,” Changpeng Zhao, chief executive officer of Binance, said in a statement. “We hope to be able to play a role in bringing social media and web3 together and broadening the use and adoption of crypto and blockchain technology.”
The P2E (play-to-earn) model in blockchain games is perceived as the white knight in decentralised armour
The e-commerce giant will look at innovating in areas like customer experience, logistics/supply chain, and accelerating digital commerce in the future.
Entrepreneurs are looking for places where they are welcome, supported and provided various benefits. Some jurisdictions, like Dubai, are scrambling to create favourable rules and regulations to attract entrepreneurs and thus becoming epicentres for Web3. India is losing out.
The EPNS team will leverage the funding to expand the team and develop beyond the Ethereum ecosystem. It will also help EPNS push for faster adoption of the protocol, enhance the protocol and enable developers and wallets alike to integrate the protocol.
Web3 is the next version of the Internet, where services will run on blockchain. It was merely a buzzword until a few months back when a handful of companies like Polygon were working on this concept. Now, things have changed drastically.
Both crypto exchanges are in talks with the some start-up founders and likely to announce investments in the coming quarters.
The total volume in DeFi is currently $13.61 billion, 13.95% of the total crypto market 24-hour volume
Memecoin SHIB was down 2.06 percent, trading at Rs 0.0017 while Dogecoin fell by 1.33 percent to trade at Rs 9.001. Terra (LUNA) dipped 2.07 percent to Rs 6,706.1, while Algorand (ALGO) dropped 0.92 percent to Rs 56.18
Web3, the next version of the Internet, where services will run on blockchain, is disrupting jobs and the future of hiring.
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum, and Tether to help you jump-start the day
Women are relatively new to the Web3 ecosystem. They say it is important to have more women founders to build awareness and make this ecosystem more inclusive in India