Tag Archives: Web 3

Near Foundation – the Swiss non-profit that oversees the development of Near Protocol – reportedly partnered with the VC firm Caerus Ventures to launch a $100M venture capital fund and venture lab. The main goal will be to support engineers, builders, and developers who work in the emerging Web 3 sector. Earlier this year, Near Foundation expanded its presence toward Africa, teaming up with the Kenyan blockchain community Sankore. Over the course of the agreement, both...

Starbucks – the world-renowned coffee house chain – is taking its first steps into the world of web 3. In partnership with Polygon, the company is building a blockchain-based loyalty program called Starbucks Odyssey, allowing members to purchase non-fungible tokens (NFTs) representing digital collectible stamps. Starbucks to Integrate NFTs As announced by Starbucks on Monday, the new program will be available to members of the existing Starbucks Rewards loyalty program, and...

According to a report by the data acquisition and analysis company DappRadar, Web3-based games and Metaverse projects raised $748 million since August 1, 2022. Last month, on average, 847,000 daily Unique Active Wallets (UAW) interacted with blockchain games, an 11% decline compared to July. One of the most popular games in the field – Axie Infinity – surpassed $4 billion in all-time NFT sales, while approximately 36,000 additional people joined as daily players in the past...

LongHash Ventures – an Asian investment firm and accelerator that’s geared towards web 3 – has announced a $100 million venture fund for the decentralized web.  The money will be targeted at “multi-chain Web3 infrastructure projects” supporting DeFi, NFTs, GameFi, and the metaverse. Per a press release shared with CryptoPotato on Wednesday, the fund will continue to raise capital until the end of the year, aiming for $100 million. LongHash has already backed over 60 projects,...