The Web3 ecosystem is often regarded as the next infrastructure of the internet. However, nearly 10 years after the release of the Ethereum white paper, we have very few mainstream applications running on that infrastructure, writes Jesus Rodriguez in an opinion piece on Coindesk. Meanwhile, he says, we continue to see the emergence of new […]
FIFA and Mythical Games are collaborating to launch FIFA Rivals, the companies announced. The app is an officially licensed, free-to-play soccer game for iOS and Android, reports Blockworks. Scheduled for a 2025 release, players will be able to manage their own football clubs and compete against other players in real-time arcade gameplay. FIFA Rivals will […]
Animoca Brands Corporation Limited, the Web3 company focused on digital property rights and blockchain-based entertainment, has secured an additional $10 million to expand Mocaverse, its flagship Web3 platform, reports Blockleaders. This latest funding round, which adds to the previous $31.88 million investment announced last year, brings together high-profile participants like OKX Ventures, CMCC Global, and […]
Once startups reach a certain maturity level, they move toward fundraising to secure money and finance the next stage of development, writes Cointelegraph. Despite modern fundraising methods such as initial coin offerings (ICOs), which raise capital by issuing tokens, and initial DEX offerings (IDOs), which launch tokens on decentralized exchanges, the traditional model of venture […]
Most Web3 professionals are optimistic about the industry’s future despite the regulatory uncertainty ahead of the 2024 US presidential election, reports Cointelepgraph. Over 86% of professionals remain optimistic about the future of the Web3 industry, according to the latest Consensys report. This widespread optimism is primarily attributed to the potential of professionals making a “true […]
In an exclusive interview with Cointelegraph, Gavin Wood has said his biggest hope is making Web3 technology and cryptocurrency a socially beneficial public good. For Web3 to fulfill its true purpose, cryptocurrency transactions should become free of transaction fees, according to Gavin Wood, co-founder of Ethereum, Polkadot and Kusama. Speaking to Cointelegraph at the Web3 […]
The global blockchain market is expected to become a quarter-billion-dollar ecosystem before 2030. Yet, decentralized applications (DApps) — user-focused software that runs on blockchain networks — remain in their infancy, facing significant hurdles on their path to mainstream adoption, reports Cointelegraph. While blockchain has the potential to become the infrastructure for the decentralized web, realizing […]
The Dublin based events and activities ticketing platform provider Coras, has received investments worth €1.3 million, led by DataOp. Writing on its Medium page, Coras reports the investment will help scale its tickets API product and the rollout of Fida, its web3 loyalty platform to facilitate tokenised commerce so customers can spend loyalty points across […]
Just last week I was discussing the need for more games on Samsung TV screens and what happens at Gamescon this week? asks Blockleader’s Lisa Gibbons. A major partnership announcement between web3 gaming giant Illuvium and Samsung. When the press release came into our inbox we couldn’t help but smile. The gaming, entertainment and media […]
The second quarter of 2024 has emerged as a landmark period for Web3 and blockchain gaming, with investments reaching an impressive $1.1 billion, reports Blockleaders citing a DappRadar report. This is a substantial increase of 314% on the previous quarter. The resurgence in interest and capital infusion underscores the growing belief in blockchain gaming as […]
Coincub has published its Global Web3 Index for 2024, detailing the top Web3 countries around the world. Switzerland tops the listing, followed by Singapore and UAE. Ireland is ranked 59th in the index, significantly behind the likes of Poland (29th), Hungary (38th), and Italy (47th). The report lists significant developments and outlook points, such as […]
by Ruari Haughey Over the past few years, my evenings have often been filled with delving into the intricate world of blockchain technology and its applications. As someone deeply embedded in the digital assets and Web3 security space, my fascination with blockchain has only grown stronger with time. This passion for understanding the nuances of […]