https://t.me/DApps_Web3

2022-09-14 23:50:05 Web3 is creating a new genre of NFT-driven music

Music-related use cases for Web3 technologies are piling up as the industry goes all in on adoption. From democratizing song rights royalties and blockchain licensing to legacy companies like Sony Entertainment filing patents for nonfungible token- (NFT)-authenticated music. While electronic dance music and pop seem to be picking up the most attention in terms of NFT music. Just like any new and novelty tool, however, there are creators who live off the hype. This is often seen with “shitcoins” and pump-and-dump NFT projects, both of which have little to no value or long-term utility. As music NFTs become more popular, the hype follows. Hundreds of music NFT projects are popping up on Twitter, creating what can be seen as almost a subgenre of NFT music. NFT industry to answer this chicken-and-egg type question and understand this new genre.

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2022-09-13 23:35:08 Near Foundation Introduces a $100 Million Fund Dedicated to Web 3 Developers

Near Foundation and Caerus Ventures will launch a $100 million fund that will support participants in the Web 3 sector.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. A recent coverage informed that Near Foundation and Caerus Ventures are willing to support the efforts of Web3 participants by introducing a venture capital fund. The Swiss entity will lead it, which will have an initial closing of $50 million and a target of $100 million. In June, the venture capital and innovation incubator of Binance – Binance Labs – raised $500 million for its first start-up fund and intended to allocate the funds to organizations part of the Web 3 ecosystem.

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2022-09-12 22:40:07 Ethereum founder bets Ukraine ‘may well become the next Web3 hub’

During his recent surprise visit to the Kyiv Tech Summit in Ukraine, Ethereum (ETH) creator Vitalik Buterin reiterated his support for the Ukrainians and expressed optimism about the country’s future in terms of advances in the field of Web3 and cryptocurrencies. The hackathon was organized from September 6 to 9 by the charity blockchain fund Unchain Ukraine. At the meeting, the Ethereum founder said this was his first visit to Ukraine’s capital, prompted by his interest and admiration that such an important technological event was taking place there as the country is still embroiled in a war. He also expressed his belief that Ukrainians will continue making technological progress, powered by the creation of an active Web3 community, which has the potential to turn Ukraine into a Web3 hub.

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2022-09-11 23:50:09 Web3 search engine attracts big backers in drive to hand power back to users

Transparency, decentralization and modularity are the three guiding principles for a new protocol that wants to become the ultimate feed for all things Web3. RSS3 is an open-sourced information syndication protocol — a search engine that delivers an aggregated human-readable feed about every crypto wallet in existence. The project has been built on three core ideologies: Transparency, decentralization and modularity. Founders say they're determined to ensure no single, authoritative figure controls everything — and want to encompass everything going on in this fast-moving space.

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2022-09-10 22:00:16 Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability

Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. Mysten Labs, a company founded by Meta’s former employees that worked on the Novi project, has achieved a significant milestone for its future. The company reported having raised $300 million in its Series B funding round. The round was led by FTX Ventures and had the participation of many venture capital firms, including A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, Coinbase Ventures, Circle Ventures, and Lightspeed Venture Partners, among others.

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2022-09-09 22:10:07 Revolving Games Raises $13.2 Million to Develop ‘AAA Quality’ Web3 Games

The mobile free-to-play game publisher Revolving Games has gone Web3. The company announced Friday it has raised an additional $13.2 million in seed funding from a range of investors, bringing its total funding to $25 million thus far. The latest round was led by Pantera Capital, with Animoca Brands, Polygon, Dapper Labs, and Rockstar Games. Houser is an experienced game producer and was a writer for Rockstar’s “Red Dead Redemption” and “Grand Theft Auto” games. Now, he’s joined Revolving Games’ advisory board as an advisor and investor. In a statement, both Animoca Brands co-founder Yat Siu and Pantera Capital’s Paul Veradittakit expressed that they were “proud” to be investors in Revolving Games. Revolving Games—founded by three brothers Saad, Ammar, and Shayan Zaeem.

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2022-09-08 23:00:36 Web3 Music Fund Coop Records Raises $10M to Invest in Startups, NFTs and Artists

The fund will debut a unique way to invest directly in musicians: "At some point in time everyone will be able to invest $5 into their favorite artist.".Is there a future where fans can invest in their favorite artists? Or where the music industry invests in a musician’s entire brand, rather than just their music catalog? A new venture capital fund.

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2022-09-07 19:00:21 Gameplay Galaxy raises $12.8M for Web3 competitive gaming platform

Gameplay Galaxy announced it has raised $12.8 million in funding for its Web3 decentralized competitive gaming ecosystem. The creators of Trials Xtreme are also preparing to launch a new entry in the series as the first game on the platform. Blockchain Capital led the round, with Merit Circle, Com2uS, Mysten Labs, Solana Ventures, Yield Guild Games and Hustle Fund participating. The company plans to use the funding to build out more features for the platform, as well as new games. It also intends to offer its own wallet to users, as well as ease onboarding for Web2 users.

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2022-09-06 23:14:01 Polkadot’s Web3 Foundation Reveals World’s First On-Chain Funded Typographic Font

The Polkadot blockchain project has said it will adopt a new, open-source typographic font it has co-created alongside the Web3 Foundation and the design agencies Koto and NaN. Web3 Foundation, the organization behind Polkadot, said Unbounded is marked by distinctive forms and unconventional details, and is designed to give people more choice and free rein in terms of experimentation and expression. It adds that the introduction of variable fonts has been a game-changer in typography, solving some of its biggest challenges for designers and users alike.

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2022-09-05 22:10:10 Snapchat disbands its Web3 plans amid mass layoffs

Snapchat has chosen to abandon its Web3 team as part of a company restructuring that also involves firing 20% of the staff. Team founder, Jake Sheinman tweeted the information regarding the web3 team. The tweet said, “As a result of company restructure, decisions were made to sunset our web3 team. The same team I co-founded last year with other pirates who believed in digital ownership and the role that AR can play to support that.”

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