Tagged: Web3

Li Jun: Founder of Ontology Explains How ONTO Wallet Acts As Gateway to Web3

Li Jun, the Founder of Ontology, the project bringing trust, privacy, and security to Web3 through decentralized identity and data solutions, recently shared his views and insights with Crowdfund Insider. Li Jun talked about how Ontology has evolved over the years and achieved significant milestones…. Read More

Microsoft-Backed StarHeroes Enlists Immutable X to Power Web3 Game

Immutable X, an NFT minting and trading platform and the “first” Layer 2 rapid-scaling solution on Ethereum, is partnering with StarHeroes to bring the skill-based space shooter game into the Immutable ecosystem and “to further accelerate the adoption of web3 games.” Since starting development in… Read More

STEPN, a Web3 App Leveraging Tokenized Incentives, Reports Over 4M Users

STEPN, a Web3 lifestyle app that leverages tokenized incentives based on blockchain networks to encourage people to be active outdoors, recently celebrated its first anniversary amongst community members. Over the past year, the company “raised $5 million from investors, expanded to over 4.72 million users… Read More

Online Gaming: Fragnova Shows “Positive Side” of Web3 Tech with its First Game

Fragnova recently announced that Ambal Duels, a “free-to-play” strategy card game, will be the “first” blockchain-enabled game to be “built using the platform’s unique game development engine, Claymore.” Using blockchain technology means the game will “have immutable assets and modding functionalities, allowing the community to… Read More

Tres Raises $7.6M to Build Financial Data Lake for Web3 Platforms

Tres, which has built the first financial data lake for Web3 companies, announced that it has raised $7.6 million in a seed round “led by boldstart ventures, with participation from F2; Mantis in partnership with The Chainsmokers; New Form; Kenetic; Blockdaemon Ventures and Alchemy.” Offering… Read More

Fireblocks Expands Web3 Connectivity with NEAR DeFi, dApps Support

The team at Fireblocks is pleased to announce support for DeFi on NEAR, “enabling connection to NEAR dApps via their Web3 engine.” Effective immediately, Fireblocks users can “securely access DeFi yields through lending, borrowing, and any Web3 apps built for NEAR that integrate WalletConnect.” Fireblocks… Read More

Bictory Finance Introduces Web3 Domains on Concordium

Bictory Finance, a Web3 software technology company, tackling safety & regulatory problems across chains in the DeFi & NFT space, has launched the Concordium Name Service (CNS), a wallet naming system that “maps human-readable names to blockchain addresses for a more friendly on-chain experience.” The… Read More

Assure, satschel to Enhance Financial Systems Infrastructure

Assure, the platform for Special Purpose Vehicles (SPVs), and satschel, a comprehensive compliance company that aims to modernize financial systems using Web3 technologies, announced a bilateral partnership to enhance “the financial infrastructure of private markets.” Traditionally, private markets “are opaque, illiquid, and behave differently from… Read More

Reltime, Triskel Capital Form Web3, Metaverse Partnership in Latin America

Reltime AS, which claims to be “disruptive” global Web3 and Metaverse financial technology company, and Triskel Capital Ltd. have entered into a long-term strategic partnership “to change the way people and businesses in Latin America financially interact and transact.” Together with Reltime as its “next-generation”… Read More

Ocean Protocol Joins Web3 Projects on €20M+ Gaia-X moveID Initiative

Ocean Protocol, the Web3 platform to unlock data services for AI and business innovation, has teamed up with Chainstep, Datarella, Fetch.ai, peaq and 51nodes “to develop the system architecture for European mobility with the preservation of data autonomy as its core principle, within the Gaia-X… Read More

Naoris Protocol Teams Up with WACEO, a DAO focused Non-Profit Supporting Blockchain Platforms

Naoris Protocol, the blockchain and AI-based Decentralized CyberSecurity Mesh that restores cybersecurity across all sectors of the economy, is announcing a partnership with WACEO, a non-profit specialized in governance, legal, and regulatory compliance “serving DeFi projects, DAOs, DEXs, and other Web3 projects across the globe.”… Read More

Alterrage Teams Up with Boson Protocol to Open Phygital Web3 Store

Web3’s commerce layer Boson Protocol is partnering with Alterrage, a DAO-led fashion label leveraging blockchain technology, “to create interoperable collections across physical, augmented, and digital spaces.” The partnership will see Alterrage “open a phygital Web3 store where buyers will be able to purchase the unique… Read More

Fetch.ai Network Onboards 40,000 New Users to its Machine Learning, AI-Powered Network

Fetch-ai Network has reportedly on-boarded 40,000 unique users and claims that it’s rapidly scaling its network usage. Fetch-ai Network’s announcement “comes on the heels of its $150 Million Development fund with MEXC Global and ByBit.” Fetch-ai Network’s unique technology called Autonomous Economic Agents (AEA) which… Read More

Mysten Labs Secures $300M to Onboard More Users to Web3

Mysten Labs, a web3 infrastructure company and developer of the Sui Layer 1 blockchain, announced the initial close of its $300 million Series B funding round. This new capital “values the company at more than $2 billion.” The company intends “to use the proceeds from… Read More

Metaverse to Enable Web3 Use-Cases like Digital Real Estate, Art, Digital Collectibles: Report

CryptoKitties was arguably the first project to bring NFTs into the mainstream, the team at Juniper Research noted in a comprehensive report. Launched in 2017, CryptoKitties featured an on-chain game “enabling users to breed digital cats together to produce new cats of differing rarity and… Read More

Over $2.3B Lost to Web3 Scams, Exploits in 2022, Over 377 Cyberattacks Reported

So far in 2022, $2,338,910,183 billion has been “lost to various scams and exploits in the Web3 world and a total of ~377 attacks recorded this year,” according to an update shared by CertiK. Just like in July, August has “seen the same number of… Read More

RedStone Finalizes $7M Seed Round from Lemniscap, Blockchain Capital, Coinbase Ventures, Others

The team at RedStone is pleased to announce that in August 2022, they successfully raised a $7M seed round led by Lemniscap in order “to pursue [their] mission of powering Web3 innovation with a novel approach to on-chain data storage.” The funds will play a… Read More

Amir Husain: Board Director at Navigate Explains How Decentralized Web3 Platforms Can Help Users Monetize their Data

Data monetization allows social media websites and tech giants across the globe “to accumulate significant revenue from user’s personal information,” according to an update shared with CI. Facebook, for example, earns “up to US$900 per year (£670) by selling each user’s personal information to other… Read More

Crypto, Web3 Security Firm Ledger Integrates Filecoin into Ledger Live Desktop

Ledger, the hardware and software security company focused on crypto and Web3, recently revealed that they’ve integrated Filecoin into Ledger Live Desktop. Ledger explained that Filecoin is powering a “decentralized” Internet “where storage is owned and operated by its users.” We just integrated @Filecoin into… Read More

Solana Blockchain Explorer SolanaFM Finalizes $4.5M Seed Round

SolanaFM, a Solana blockchain explorer offering indexing and analytical services, recently announced that it has “secured $4.5 million in a seed funding round led by SBI Group’s Digital Asset Opportunity Fund.” The seed funding round that was led by SBI Group’s Digital Asset Opportunity Fund… Read More

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