News

Filecoin Green, an initiative of the Protocol Labs-owned Filecoin, is specially designed to monitor and resolve the much-needed conflict on the environmental impact of traditional carbon storage solutions. The company will shift towards sustainability by reducing carbon offsets with web3-based…

The developers of both the play-and-earn NFT gaming Alien Worlds announced the introduction of the in-game DAOs—or decentralized autonomous organizations—under the fresh Planetary Syndicates concept to increase competition among various communities. There is an NFT-based game, Alien Worlds; players…

The newly introduced aggregation tool offers listings and costs for Ethereum-based NFTs listed on major NFT markets throughout the Web3 ecosystem. Rarible, a non-fungible token (NFT) platform built on Ethereum, announced the launch of Rarible 2, its new program. According to the NFT marketplace,…

Twitter co-founder Jack Dorsey announced in late 2019 that he is consistently working to create a decentralised social media protocol. He also added that his company has started working on the project by forming a small independent developers’ group with a single objective of creating a…

The E-Commerce giant Flipkart is set to launch its metaverse. Flipkart, owned by Walmart, has partnered with eDAO to offer a metaverse experience for its customers. For your reference, Walmart gave a sneak peek into its metaverse strategy years ago when it demonstrated a drone delivery system when…

As worldwide businesses start recognizing the potential of blockchain and the web3 ecosystem, Chainsafe is focusing aggressively on cross-chain interoperability technology and blockchain gaming to empower web3 ecosystem adoption growth. The web3 firm announced its series A fundraising worth 18.75…

Uniswap Labs raised a massive $165 million in a series B funding led by the renowned crypto investment agency Polychain Capital. The series B funding was intended to get additional resources for crucial investment in the emerging web3 products. Uniswap looks forward to investing heavily in…

Polygon is once again in the news, and the company has now launched a policing system based on blockchain technology. The application name is First Information Report (FIR) and it functions as a platform where citizens can lodge their complaints without the chances of their complaints getting…

The world economy has been racing towards the web3 ecosystem and virtual world. Several leading companies worldwide, including Google, Facebook, and Amazon, showed interest in the web 3.0 architecture of a virtual world. Microsoft is also lined up to leverage the web 3.0 blockchain technology to…

Google is one of the world’s leading cloud computing and data management services providers. For a long time, Google has been planning to bring crypto to its consumer base as a legitimate payment option. On Tuesday, Google announced it would utilize digital currencies in its payment modules…

The Middle East and Dubai have become hubs for innovations in the web3 space. Once again, multiple emirates in the UAE are choosing the metaverse as a critical strategy to boost tourism in the Middle East UAE regions. Sharjah has joined Dubai in exploring different web3 products, starting with the…

The renowned racing competition Formula One has recently registered for trademarks of different web3 products. The company has trademarked F1 for cryptocurrency, non-fungible tokens, and metaverse with five other similar domain products. The racing competition company has hinted at its plans to set…