https://t.me/DApps_Web3

2022-09-04 22:03:31 NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3

Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of the service provider. During the interview, Hernandez explained the paradigm shift between centralized platforms to a more “platform-less future” and stressed that users need to be in control of their identities and creation on more “agnostic platforms,” where the can own their intellectual property via “Universal Profiles.”. According to Hernandez, the Universal Profile can be seen as a personal operating system (OS) whereby one can authenticate themselves, but also send, receive and create assets.

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2022-09-03 21:10:07 Brazil’s Top Esports Team Loud Sees 'Massive Opportunity' in Web3

The most-tweeted-about esports and gaming team so far this year isn’t a Western giant like FaZe Clan or G2 Esports—it’s Loud, a buzzy Brazilian upstart that is finding fresh ways to harness its hyper-engaged audience. And those ways increasingly revolve around Web3 technology and how it can better connect the team with fans. Loud, described by publication Dexerto in 2021 as the “biggest esports org you’ve never heard of,” has quickly grown from a regional player into a global presence in the video game world. Now the team has launched a new parent company, Spacecaps, with divisions focused on Solana-powered NFTs, crypto-fueled games, and tokenized incentives for fans.

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2022-09-02 22:30:32 Social Media Giant Snap Disbands Web3 Team Amid Mass Layoffs

Snap (SNAP) is disbanding its Web3 team in a move to slash costs in the face of sharply reduced growth. Jake Sheinman, co-founder of Snap’s Web3 team, revealed the social media giant’s plans in a tweet announcing his departure from the company on Thursday. “As a result of the company restructure, decisions were made to sunset our [W]eb3 team,” the tweet read. Sheinman did not immediately respond to CoinDesk’s request for comment.

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2022-09-01 22:35:07 Stacked gets $13M to be the Twitch for web3 gamers

Los Angeles-based Stacked, co-founded by serial entrepreneur Alex Lin, is making a video streaming platform for gaming content — basically Twitch for web3 users, the founder and CEO told TechCrunch. The idea is to turn creators into shareholders of the platform by giving them governance tokens, a model that will “align the interests of content operators and creators for the first time,” Lin suggested. Creators won’t need to be crypto-savvy to use the service. The platform, available on both mobile and desktop, will look similar to a conventional video streaming platform, Lin said.

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2022-08-31 23:20:11 Study discovers 40% of web3 gaming accounts are bots using on-chain data

Levan Kvirkvelia, the founder of Jigger, an anti-bot protection software, has released a report asserting that 40% of the player base of web3 games are bots. The study found evidence of 20,000 bots across over 60 web3 games. Louis Regis, founder and CEO of Xborg, exclusively confirmed to CrytoSlate that “many games artificially boost their player bases with bots and multiple accounts in order to increase their valuations.” Bots are a problem across most games that contain a method for accounts to acquire value. Outside of web3, people have bought and sold game accounts containing rare items, skins, or high competitive ratings.

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2022-08-30 22:20:07 Web3 Platforms Brace Themselves for Impending Ethereum Merge

Several Web3 platforms operating on the Ethereum blockchain have announced contingency plans ahead of the anticipated Merge next month. After years of development and community support, Ethereum will finally transition from the proof-of-work (PoW) validation mechanism. Following countless trials, the blockchain will merge next month with the Beacon Chain, after which it will operate using the proof-of-stake method.

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2022-08-29 22:10:10 Binance, Virtuzone Sign Strategic Partnership to Focus on Advancing Web 3 in UAE

The company wants to play a key role in the Web 3 movement in the UAE while promoting and advancing the use of crypto. Leading providers of corporate and business formation services in UAE, Virtuzone has partnered with Binance to accept cryptocurrency payments via Binance Pay. For context, Binance Pay happens to be proprietary cryptocurrency payment technology designed by the exchange to conduct contactless, borderless, and secure crypto payments and transfers. JA Resorts and Hotels and Majid Al Futtaim are some of the other companies in the UAE that have already integrated Binance Pay into their systems.

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2022-08-28 22:53:01 Telegram founder aims to add Web3.0 to his platform

Telegram Founder and CEO Pavel Durov is planning to add Web 3.0 to the highly-encrypted messaging platform in the coming weeks.Durov was impressed by an independent TON auction for their domain/wallet names. While Wallet.ton was sold for $260,000, casino.ton fetched $244,000. "If TON has been able to achieve these results, imagine how successful Telegram with its 700 million users could be if we put reserved @ usernames, group and channel links for auction," said Durov in a message on Monday.

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2022-08-27 19:10:08 Indian Exchange CoinDCX Launches DeFi Mobile App, Signaling Shift Towards Web3

Indian crypto exchange CoinDCX launched Okto, a decentralized finance (DeFi) mobile app, on Friday, aimed at easing the transition of crypto consumers to DeFi, co-founder Neeraj Khandelwal told CoinDesk. For crypto to succeed (in India) consumers will have to migrate to Web3 and DeFi setup, and at the moment, it's very complex to access DeFi," said Khandelwal. "First of all, you have to deal with seed phrases and private keys and that's very difficult for a common man to understand. Keeping it safe is another nightmare. And moving assets from one chain to another for a layman is very complex and prone to so many risks.

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2022-08-26 22:05:07 Istanbul Blockchain Week Set to Host Web3 Heavyweights This November

Istanbul Blockchain Week, the premier event of web3 and digital assets in the Eurasia region, will be inviting the world to Istanbul, one of the most adopted cities for cryptocurrency. Kicking off on November 14 with NFT Day, Istanbul Blockchain Week will host a whole week of exciting events culminating. Istanbul Blockchain Week will make use of this incredible potential; offering attendees access to panels, events and discussions on investment, privacy, metaverse, NFTs, and government policy from around the globe.

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