SBI Holdings has unveiled an investment fund of significant proportions, signaling Japan’s dedication to the growth of its emerging startup sector. With an allocation of $663 million, this fund will support new ventures in Web3, artificial intelligence (AI), and the
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
Proof of Play, a blockchain gaming startup led by FarmVille co-creator Amitt Mahajan, successfully raised $33 million in a seed funding round. Greenoaks and a16z Crypto led the seed round, with Anchorage Digital, Mercury, Firebase, Zynga, Alchemy, Balaji Srinivasan, and
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
Sam Bankman-Fried and the story surrounding the collapse of FTX, a bankrupt cryptocurrency exchange he founded, is set to be released as an animated, interactive social comedy by the innovative Web3 studio Toonstar FORTUN3. Sam Bankman-Fried is in the headlines
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
Hype Bots is a collection of non-fungible tokens (NFTs) that were generated by a computer algorithm and have a wide variety of characteristics. Each and every one of the digital NFTs is one of a kind (there are no two
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