If you are unfamiliar with the launch of Soneium, you need to read this article because Sony is positioning itself as a bridge for mainstream audiences into Web3. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto […]
Venture Capitalist Cites Funding, Talent for Web3 Development Surge in Emerging Markets
A venture capitalist says emerging markets, particularly India, are becoming hubs for Web3 development due to attractive funding, talent, and ecosystems. India: Go-to Place for Recruiting Web3 Companies According to Tak Lee, CEO of Hashed Emergent, the declining share of Web3 development activity in North America and Europe is being offset by a surge in […]
Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition
Funtico’s CCO says early Web3 games failed due to poor infrastructure but says the industry has shifted its focus to improving this. Collaboration: A Win-Win for Web2 and Web3 Gaming Doron Wesly, Chief Commercial Officer (CCO) at Funtico, argues that early Web3 games struggled to compete with their Web2 counterparts due to limitations in infrastructure. […]
Web3 Meets Classic RPG Adventure in Portal Fantasy
Portal Fantasy, a pixel RPG set to release in 2025, is giving players like Regina a sneak peek with its November demo on Steam. Last Episode’s Quick Recap Fun, interactive, and strategic Web3 game – Angry Dynomites Lab! Join forces to collect resources, craft materials, and build artifacts alongside unique dynomite characters. Collaborate with the […]
Web3 Gaming Hype Fizzles: Developer Blames Unrealistic Expectations
Riccardo Sibani, Chief Product Officer (CPO) at the Web3 gaming platform My Neighbor Alice, believes the hype surrounding Web3 gaming has cooled due to unfulfilled promises and unrealistic expectations. Web3 Gaming Needs Time to Deliver on Promises Sibani, a blockchain developer, further argues that the mismatch between retail and traditional investor expectations has contributed to […]
Clash of Coins Aims to Onboard up to 50 Million Players in a Seamless Web3 Experience on Base L2
PRESS RELEASE. OWB Studio, a pioneering force in Web3 gaming, today announced the successful completion of its Pre-Seed funding round, led by V3V Ventures and supported by over 30 angel investors. This crucial funding will accelerate the development and launch of the studio’s highly anticipated first game, Clash of Coins, which aims to seamlessly onboard […]
Certik Web3 Security Quarterly Report: $688 Million Lost in Q2 2024, Totaling Over $1.19 Billion in H1 2024
The latest Certik Web3 Security Quarterly Report reveals alarming statistics for the second quarter of 2024, with a staggering $ 688 million lost across 184 on-chain security incidents, marking a 37% increase in value lost compared to the previous quarter. Phishing attacks emerged as the most costly threat, accounting for approximately $ 433 …
Web3 Game Off the Grid Presents Save Democracy Pack Featuring Trump’s and Harris’ Skins
Web3 game Off the Grid has presented its “Save Democracy” pack, which includes skins resembling candidates from both sides of the aisle. Characters resembling the likenesses of Kamala Harris and Donald Trump are included featuring one-liners mocking the statements of the U.S. presidential election candidates. Off the Grid Gets Political With Save Democracy Pack, Including […]
Immutable Hit With Wells Notice as SEC Extends ‘Overreach’ to Web3 Gaming
Web3 gaming company Immutable faces a potential lawsuit from the SEC over its IMX token sale. Regulation by Enforcement Web3 gaming company Immutable announced on Nov. 1 that it had been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC). The notice alleges, but does not specify, violations of securities laws and […]
Web3 Game Off the Grid Numbers Shine Despite Promotional Drop
Off The Grid, the so-called Web3 extraction shooter built on the Avalanche blockchain, has maintained momentum after its launch in the early access stages. While the game has fallen from the top 100 most viewed games on the streaming platform Twitch, it has maintained 500,000 daily active addresses (DAA) since its launch, with over 6.6 […]
Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy
Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments will support DMM Crypto’s Seamoon Protocol, which aims to create a Web3 economic hub for businesses and creators. Bringing DMM Group’s IP Development Capabilities to […]
Web3 Markets in Infancy, Viewed as ‘Lottery’ by Investors, Says Finance Veteran
Web3 markets remain in their early stages, with many participants viewing them as a “lottery,” according to Artur GuliÅ„ski, co-founder of Orbitt. This trend is particularly evident in blockchain ecosystems where meme tokens hold significant influence, GuliÅ„ski, a market dynamics and behavior focused trader, observes. According to the co-founder, these features are what currently distinguish […]
Join the Top 1% of Web3: VAP Group Presents Global Blockchain Show in Dubai
PRESS RELEASE. Dubai, October 17, 2024: The Global Blockchain Show is pleased to announce its second edition, taking place on December 12 and 13, 2024 at the Grand Hyatt Exhibition Centre, Dubai. Organized by Web3 and artificial intelligence consulting giant VAP Group, the two-day show will provide an opportunity to network with the top 1% […]
Serial Entrepreneur: Web3 Stagnant, Echoing 1980s AI
According to Bernie Bloom, overcoming the blockchain trilemma requires building storage solutions that scale to exabytes and integrate seamlessly with smart contracts. Bloom, a serial entrepreneur and co-founder of Xandeum Labs, argues that this is essential for the “wholeness” of smart contract blockchains. Storage: A Key to Resolving the Blockchain Trilemma In written responses shared […]
Regulation Brings Clarity to Web3 Market, Developers, and Companies, Says Ava Labs CBO
The Web3 industry has yet to fully enter the mainstream, according to John Nahas, chief business officer (CBO) of Ava Labs. He argues that general-purpose Layer 1 blockchains, whose primary focus is marketing their tokens, dominate the space and lack sufficient innovation. This, Nahas contends, hinders the industry’s full potential. Blockchain Success Hinges on Curious, […]