Web3 is driven by the need for privacy, security, and transparency in transactions. Automata Network’s 1RPC now supports Telos EVM, a Layer 0 chain fully compatible with the Ethereum Virtual Machine (EVM). This integration introduces a fixed gas fee structure
Socrates, a Web3 social media and entertainment platform, launched on several blockchains including Polygon, Ethereum, BNB Smart Chain (BSC) and Optimism on Thursday, promising to pay users for interactions and debates. In a statement, Socrates said the launch comes after
Game7’s State of Web3 Gaming 2023 report reveals Asia-Pacific’s lead in game development and the U.S.’s dominance in funding, offering a deep dive into the evolving landscape of blockchain-based gaming. The report, led by George Isichos and Steven Chen from
Abu Dhabi has legalized decentralized autonomous organizations (DAOs), rolling out a comprehensive distributed ledger technology (DLT) framework. This progressive step not only lays the groundwork for Web3 entities to flourish with legal clarity but also empowers them with the authority
Prime Minister Fumio Kishida reaffirmed Japan’s commitment to embracing the transformative power of Web3 during the prestigious WebX Web3 conference. In a remarkable shift from its aggressive stance on Bitcoin regulation, Japan is now positioning itself at the forefront of
As the scale of web3 and the metaverse continues to grow, apps and services may have to contend with an influx of duplicate accounts seeking to steal user identities to defraud and deceive. Experts believe that many of the malicious
Abu Dhabi-based Venom Foundation announced on Tuesday the launch of a $1 billion venture capital fund aimed at investing in blockchain start-ups including web3 decentralized applications, or dApps, and metaverse projects. Venom Ventures Fund said it will prioritize projects “focused
Microsoft co-founder Bill Gates said artificial intelligence (AI) is revolutionary, but in sharp contrast Gates was lukewarm on Web3 and the metaverse in his annual Ask Me Anything (AMA) session. Gates logged on Wednesday for the 11th session of his
Shemaroo has entered the Web 3.0 era in collaboration with top blockchain technology firm Seracle. With this new alliance, Shemaroo has made significant progress toward building a solid foundation. The increased need for improved user experience and growing developments in
Dystians is a minor component of a web3 startup focused on entertainment. Dystians will have the chance to reach a large audience and amass a devoted following by joining a web3 startup. Dystians will also be able to benefit from
Through OliveX Limited, a wholly-owned subsidiary of OliveX Holdings Limited, the company is happy to announce two agreements as part of its dedicated plan to develop a wide portfolio for its interoperable fitness metaverse. OliveX has agreed to take part
The Walt Disney Company has stated on Wednesday that it has begun promoting the growth of innovative digital enterprises by launching its web3 accelerator. This was done in the previous month. Disney, as part of its announcement, presented the six
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