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Toyota to Support Astar Network’s Hackathon and Test Blockchain Use Cases

Toyota, a Japanese giant in the automotive industry, is exploring the potential uses of Blockchain technology further by supporting a Web3 hackathon on the multi-chain smart contract network Astar Network, which may also result in management systems for Toyota’s staff. With the development of an intra-company DAO support tool on the Astar Network, one of…

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Addressable Raises $7.5 Million to Assist Web3 Startups in Scaling Up User Acquisition

The Web3 marketing solution firm Addressable has revealed it has raised $7.5 million in seed funding. North Island Ventures and Mensch Capital Partners also took part in the round, which Viola Ventures and Fabric Ventures jointly headed. The financing would hasten the company’s platform expansion, including new Blockchains and social media connections. “Marketing is all…

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Chatgpt Has a New Competition With Polygon Generating 3d Avatars From Texts

OpenAI, the company behind the image and language bots Dall-E and ChatGPT, could have to deal with some new, three-dimensional competition on the Blockchain. CharacterGPT, a non-fungible token (NFT) project powered by artificial intelligence, is being introduced by Polygon in collaboration with Alethea AI. According to an introduction video, users can write text to generate…

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NFT Technologies (Neo: NFT) Partners With the Sandbox

The Sandbox is a blend of the virtual estate that embraces the metaverse, a digital virtual space. NFT Tech joins more than 160 other brands with partnerships with The Sandbox, such as Richie Hatin, Care Bears, Atari, The Smurfs, ZEPETO, Deadmau5, and CryptoKitties, all support the idea of giving players the flexibility to develop and…

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Japan Embraces the Metaverse for Recruiting

Japan’s recruitment and the job-search scene are beginning to shift due to metaverse technology. Over 2,000 students attended a metaverse job fair where they could connect with recruiters via virtual avatars and weigh the benefits and drawbacks of various career options. According to Asahi Shimbun reports, participants were able to express concerns about such employment…

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Football: Premier League Signs NFT Deal With Softbank-backed Sorare

The Premier League is working with the French fantasy sports portal Sorare to sell non-fungible tokens (NFTs), indicating that despite the market collapse, the athletic world is still accepting digital assets. According to a statement released by Sorare on Monday, the agreement grants the company a four-year license to sell digital sports cards of players…

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OREO Enters the Metaverse With Limited Edition Cookie ‘The Most OREO OREO’

Oreo, a well-known cookie company, has created its metaverse, the OREOverse, an immersive online ecosystem wherein cookie enthusiasts can engage in competitions and activities with a cookie theme. With the release of a brand-new, limited-edition cookie called ‘The Most OREO OREO,’ the company introduced the OREOverse. Several prizes, along with a $50,000 READ ON APP…

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China’s “Instagram” Chooses Conflux Network for Permissionless Blockchain Integration

Little Red Book (XiaohongShu), China’s version of Instagram, has implemented Conflux Network as a permissionless Blockchain that allows users to showcase NFTs made on Conflux on the profile page in the “R-Space” section for internet materials. This integration moves NFTs nearer to widespread acceptance, in which individuals actively utilize Web3 technology regularly within the same…

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Web3 Hardware Startup Spatial Labs Raises $10 Million

Spatial Labs, a Web3 startup, has raised $10 million in an early fundraising round led by Blockchain Capital and supported by Marcy Venture Partners, the venture capital firm founded by billionaire rap singer Jay-Z. The new round takes the startup’s overall capital to $14 million when joined to Spatial’s $4 million pre-seed financing deal. The…

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Nike’s Web3 Platform Will Reward Creators for Virtual Sneaker Designs

Nike, one of the most successful footwear and lifestyle brands, announced Wednesday that it’s new .SWOOSH non-fungible token (NFT) platform allows users to create custom digital gadgets. Members of the .SWOOSH group was invited to participate in the #YourForce1 competition, which asks participants to create an Instagram visual storyboard displaying unique footwear designs. The brand…