1588 articles published
With Decentralized Finance (DeFi) coming into focus, companies and individuals all around the world are starting to recognize the potential of blockchain technology. The global popularity of Decentralized Autonomous Organizations (DAOs) can be directly attributed to the expansion of Decentralized…
The Chairman of Dubai Executive Council and Crown Prince of Dubai, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, announced the official launch of Dubai’s Metaverse Strategy, stating clearly the city’s aim to make a big leap in turning it into one of the top 10 global metaverse economies. The…
Users can now upload and share non fungible tokens(NFT) from their digital wallets in 100 different countries. Facebook and Instagram’s parent company, Meta, have recently released another statement addressing its initiative to encourage digital arts. By connecting their wallets and sharing…
The non-fungible token (NFT) marketplace OpenSea and the global music and entertainment company Warner Music Group (WMG) teamed up to provide musicians with a platform to develop and build their fan bases within the Web3 community. According to the sources, the collaboration between these two…
Allaire considers identity and confidentiality the two main pillars of a future Web3. Jeremy Allaire, CEO of stablecoin issuer Circle, stated that the world is finally transitioning from the hypothetical value stage of cryptocurrency to the operational phase at the Converge22 conference in San…
Amber Lounge, the best-known F1 After Party in the world, is launching exclusive NFT-based VIP memberships with web3 company SO-COL. NFT holders can enjoy access and privileges at Amber Lounges at the F1 Grand Prix, FIFA World Cup in Qatar, and other destinations. The Amber Lounge NFTs represent an…
Technology development is crucial for enhancing our experiences in extended reality and different aspects of the digital world. In this advancement, metaverse technology has progressed quite quickly. Regarding digital communication, only voice calls and text messages were available a decade ago.…
Galaxy Digital has partnered with Chainlink to empower smart contract developers by releasing market data that can be accessed in the blockchain. Currently, blockchain doesn’t have market data access. This introduction of market data will help smart contract developers to build better-decentralized…
On iOS, Robinhood unveiled the beta version of its Web3 wallet. The first 10,000 people who signed up for the queue in May 2022 are eligible to use it. Users of Robinhood Wallet can exchange and sell cryptocurrencies without paying any network fees because it is first hosted over the Polygon…
The venture capital arm of Microsoft, Microsoft’s M12 fund, Avalanche, and Polygon were among the investors who contributed $20 million in strategic funding, according to Space and Time. Additionally, investors included angel investors and other Web3 communities like Framework Ventures,…
What are Web3 and JS? Web3 and JS, in the context of web3.js, refer to concepts and technologies in the development of decentralized applications (DApps) on the Ethereum Blockchain. Web3 represents the third generation of the internet, which focuses on decentralized networks and applications. It…
Walmart launches two experiences on the Roblox platform, making its move to enter into the metaverse. Walmart Land and Universe of Play leverage the metaverse technology to create an engaging shopping experience. The Walmart virtual world contains a blimp that can drop toys, a few different games,…