Science fiction writer Neil Stevenson, in an interview with the Financial Times, called the conditions for the popularity of the metaverses and talked about the future of virtual reality. He doubted the prospects of technology until people themselves decide to live in a digital world. This will require a unique “experiences that millions of people...
Investment firm Pantera Capital has invested $10 million in massively multiplayer online role-playing game Worldwide Webb in its Series A funding round. Launched in 2020, Worldwide Webb offers a compatible Massively Multiplayer Online Role Playing Game (MMORPG) where players can use their own NFTs from multiple blockchains to use as avatars to participate in battles,...
A partnership between Web3 payment protocol Immersve and payments giant Mastercard will allow users to make crypto payments on digital, physical and the metaverse worlds. Once the transaction is successful from the user’s end, USD Coin tokens — a United States dollar-backed stablecoin issued by Circle — will get converted to fiat and be used...
The Ankr token (ANKR) surged 51.5% following a press release announcing a partnership between Web3 infrastructure provider Ankr and Microsoft. According to CoinMarketCap, the price of the asset rose from $0.033 to $0.05 in 25 minutes after the announcement. At the time of publication, the token is trading near the $0.049 mark. Ankr is a...
Abu Dhabi’s technology ecosystem, Hub71, has announced a new initiative called “Hub71+ Digital Assets,” with a capital backing of over US$2 billion. This project aims to advance Web3-based innovations, such as blockchain technology and metaverse applications. The initiative aspires to provide Web3 startups with access to a range of programs, and initiatives, as well as,...
China Telecom and Conflux Network announced a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the largest blockchain hardware product ever seen globally, involving the most users and applications. China Telecom will launch the first BSIM pilot program in Hong Kong later this year. This will likely be...
Paris’s leading contemporary art museum, the Centre Pompidou, announced on Feb. 10 an upcoming permanent exhibition targeting the intersection between art and the blockchain represented by nonfungible tokens (NFTs). According to an announcement on Feb. 10, the Centre will feature NFTs from over 16 digital artists around the world, including popular collectibles, such as CryptoPunk...
Hypernative, a cryptocurrency security startup that specializes in anti-hack protection, today announced that it has raised USD 9 million in seed funding to help Web3 companies prevent losses from cyberattacks. IBI Tech Fund and boldstart ventures led the round with additional investments from Nexo, Blockdaemon, borderless, Alchemy and CMT Digital, among others. According to Hypernative...
National Geographic has launched its first NFT on Polygon and posted a detailed explanation of the technology on social media, prompting outright fury from hundreds of fans of the 135-year-old nature magazine who responded with rage. NatGeo’s Instagram, Twitter and Facebook accounts posted an image of Bored Ape Yacht Club (BAYC) NFTs on Monday, with...
Overview Asset tokenization refers to implementations of the blockchain that create tokens for financial and real-world assets ranging from equity, bonds and funds to art, real estate, commodities and patents. According to a new report from Boston Consulting Group (BCG) and ADDX, asset tokenization will reach USD 16 trillion by 2030, or 10% of global...
