https://t.me/DApps_Web3

2022-11-02 22:00:00 Web3 VC firm CoinFund eyes $250 million for seed investments

CoinFund, a New York-based web3 investment firm, is looking to raise $250 million to invest in seed-stage startups just three months after announcing its previous fund. CoinDesk first reported the news. The company's Cayman Islands-domiciled funds are looking to raise $130 million and $20 million, while its Delaware-incorporated vehicle is seeking $100 million. CoinFund did not immediately respond to a request for comment from The Block. The firm announced a $300 million fund in August backed by institutional investors including the Teacher Retirement System of Texas, Adams Street Partners and StepStone Group.

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2022-11-01 22:50:00 Web3 fund led by ex-Binance Labs executive Nicole Zhang lands $20 million

Lingfeng Innovation Fund (LIF), a new venture capital fund led by former Binance Labs executive Nicole Zhang, landed $20 million to invest in crypto startups. The $20 million in fundraising is a “first close” for the fund, according to Zhang, who is a founding partner at LIF. It is ultimately targeting $30 million. A key focus for LIF will be “enabling web2 elites with web3 expertise,” according to Zhang. LIF has already made 10 investments — half of them co-investing with Zhang’s former colleagues at Binance Labs. Its bets include ApolloX, ZetaChain and Ultiverse.

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2022-10-31 22:00:51 Binance CEO says he wants to help Elon Musk ‘bring Twitter into Web3’

Changpeng Zhao, commonly known as “CZ,” the founder and CEO of Binance, the world’s largest cryptocurrency exchange by trade volume, has revealed that he is willing to help the new owner of Twitter (NASDAQ: TWTR) Elon Musk, bring the social media platform into Web3. Speaking with CNBC’s Squawk Box on October 31, CZ stated there are many reasons for supporting the deal, in which Binance invested $500 million into Musk’s purchase of Twitter. During the interview, the Binance CEO emphasized in his reasons for supporting the deal.

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2022-10-30 22:40:08 Mark Zuckerberg cast as web3 supervillain in forthcoming game

Mark Zuckerberg may love the metaverse, but here’s one upcoming web3 game he may not be too happy about. The Rabbit Hole features characters that are “posed to defend Web3 from the corporate overlord, Metazuckbot.”. The NFT launch came the same day as Meta's dismal Q3 earnings announcement. While Zuckerberg believes his investment in the metaverse will pay dividends in the long term, he’s having trouble convincing people — including at his own company. A poll of Meta employees in May found only 58% understood the company’s metaverse strategy. Maybe Metazuckbot will have more metaverse success.

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2022-10-29 23:20:00 Google Cloud Introduces Blockchain Node Engine for Web3 Development

Google Cloud announced its Blockchain Node Engine for Web3 development on Friday. The company, in a press release, said the launch is a commitment to help Web3 developers to build and deploy new products on blockchain-based platforms. Blockchains consist of transaction data which are encrypted and stored permanently, and act as decentralised databases of sorts. Besides relying on a central entity to validate data, the governing infrastructure is a node — a device, such as a laptop or server, that contains the whole copy of the transaction history of the blockchain. While self-managed nodes require constant management and are difficult to deploy, Google’s Blockchain Node Engine is a hosting service that minimises the need for node operations.

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2022-10-28 23:10:01 Web3 is ripe for radical disruption, says Big Brain Capital's Kasey

Big Brain is rapidly gaining traction as one of the more active investment firms in the blockchain space, with more than $60 million deployed in more than 200 projects. All of this since last year, when early-stage investors and SolBigBrain started providing backing for protocols such as NEAR and Solana. In addition, The Block Research showed Big Brain as one of the top 10 most active investors this year measured by deals, tied with Spartan and trailing closely behind Jump and Polygon Studios. Coinbase led in overall deals closed. Big Brain team members Kasey, who goes by one name, and Sam Kim provided insight into where the venture capital firm anticipates potential growth in the crypto industry and what they hope to see from regulators.

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2022-10-27 23:01:18 Binance Oracle network to bridge Web3 and blockchains via smart contracts

Crypto exchange Binance announced the launch of a new data feed network, Binance Oracle, that allows blockchain smart contracts to connect with real-world data, starting with its in-house blockchain offering, BNB Chain.For starters, Binance Oracle will allow existing decentralized applications (DApps) and Web3 ecosystem partners on BNB Chain to access existing data sources and advanced computations. “Over ten BNB Chain projects have already integrated with the Binance Oracle network,” confirmed Binance. The ability to connect smart contracts with off-chain data will be made available for other blockchains in due time.

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2022-10-26 23:10:00 Filecoin launches Web3 data-storage solution for carbon offsets

According to the announcement, the company is set to address the shortcomings of traditional carbon storage solutions by “marrying blockchain’s granular tracking functionality with the information-sharing infrastructure of Web3.”.Filecoin Green launched CO2.Storage, a Web3 data storage solution that intends to enable transparency for carbon offsets and address traditional storage solutions for all types of digital environmental assets, including renewable energy credits.Filecoin Green, a Protocol Labs initiative designed to reduce the environmental impact of FIlecoin and make it verifiably sustainable, has spearheaded an initiative to power Web3 technology with verifiably clean energy.

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2022-10-25 23:00:01 OSOM Solana Saga web3 smartphone’s specs & images officially revealed

The phone boasts titanium accents, a stainless steel frame, and a ceramic back. Private keys are kept in the hardware’s secure element using Seed Vault. With the rear-mounted fingerprint scanner, you may sign transactions in the Solana dApp Store with just your finger. This enhances user experience across all dApps. Specs-wise, the device has a 6.67-inch AMOLED display with 2400 x 1080 pixels resolution and 120Hz refresh rate. Under the hood, the device has a Qualcomm Snapdragon 8+ Gen 1 chipset with up to 3.2Ghz clock speed. The chipset is paired with 12GB LPDDR5 RAM, 512GB (UFS 3.1) internal memory and an SD card slot that allows for up to 512GB memory expansion.

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2022-10-24 23:00:00 Web3 publishing platform Paragraph raises $1.7 million: Exclusive

Web3 publishing platform Paragraph has raised $1.7 million in a pre-seed funding round led by Lemniscap. Other investors in the round include FTX Ventures, Binance Labs, GCR and Seed Club Ventures, according to a company release. Founded by Colin Armstrong in 2021, Paragraph is a publishing platform that helps web3 writers, DAOs and NFT communities monetize. Paragraph aims to challenge legacy publishing giants by offering web3 tools for content creation. Instead of paid subscriptions on a web2 newsletter platform, such as Substack, Paragraph enables content creators and community builders to manage their audience through memberships using either NFTs or ERC-20 tokens.

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