The new ETF’s reserve period started on Monday and runs until March 25, 2022, according to the announcement. Hashdex, a global crypto-focused asset manager, has revealed the launch of its Web3 Exchange Traded Fund (ETF) with a new announcement. As per a report by Cointelegraph Brazil, the new ETF will be available on B3, Brazil’s…
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Z Holdings, the internet subsidiary of the Japanese conglomerate holding company Softbank, is planning to launch a global non-fungible token (NFT) marketplace this spring. Z Holdings’ “NFT Mall” aims to target 180 countries and leverage the firm’s Paypay service in order to attract Web3, metaverse, and NFT patrons. Z Holdings Doesn’t Want to ‘Miss out…
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Cake DeFi Ventures will fund crypto startups across Web3, the Metaverse, the NFT space, gaming, esports and fintech spaces that complement the company’s core business. Singapore-based decentralized finance (DeFi) services firm Cake DeFi announced the launch of a $100 million venture arm dedicated to serving as accelerators for Web3, gaming, nonfungible tokens (NFT) and other…
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Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com.
Bitfinity Launches to Help Merchants Accept…
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Venture capital from Pantera, Coinbase Ventures, Alameda Research, ConsenSys and Crypto.com is making its way to Web3 projects. Despite extreme volatility in the price of crypto assets, venture funds continue to make strategic investments in the industry. In recent weeks, the focus has shifted to infrastructure developers in Web3, play-to-earn and GameFi — nascent industries…
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The digitization of humanity via AI and the metaverse is already inevitable, but will it lead us to a decentralized, better world or to a dystopian nightmare? Will the Metaverse(s) change humanity as we know it? Will the Metaverse(s) be the ultimate augmentation of human perception? Will it become an agora for our dreams (and,…
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Hack VC, a crypto investment firm, has launched a new $200 million crypto-based seed fund. The venture capital company, which is behind the hack.summit() event, one of the biggest blockchain programming events in the world, aims to invest in early stage Web3-based teams. The idea behind this fund is to accompany these teams each step…
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Decentralization of Web3 infrastructure is critical to its success as it gives us back the freedom that we are currently paying for using Web2. The transition from Web2 to Web3 is inevitable. Yet, as the demand for decentralization gains momentum, several important questions are being raised about the current state of blockchain technology and its…
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DAOs are an intrinsic element of Web3. This guide to DAOs examine how they work and their future in the blockchain space. DAO startups Given the unconventional administrative structure of a DAO, it’s more likely that new startups will adopt it than existing companies, which would have to spend enormous resources and funds to make…
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While Web3 narratives haven’t yet permeated public consciousness, there seems to be a strong foundation for future acceptance of the idea. Findings from an online survey of 1,500 United States-based consumers reveal people’s deep concerns over privacy and tech platforms’ outsize power while suggesting that Web3 is yet to become a household term. The study…
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