Web3 firms witnessed a remarkable 55% surge in investments during the first quarter of 2024 compared to the preceding quarter, as revealed by a report by QuickNode and Artemis. The report highlighted a 36% increase in the number of venture capital deals within the web3 sphere during the same period. ...
OKX Ventures, the investment division of the cryptocurrency exchange, has invested $1 million in a Hong Kong-based AI startup, Moonbox. Moonbox deals with artificial intelligence (AI) technology with a Web3 focus and intends to utilize this funding to accelerate product expansion and further develop its core technology. The company aims ...
With nearly 200 organizations actively exploring the possibilities of leveraging the Web3 tech stack, the digital marketing landscape seems poised for a major breakthrough. On July 25, 2023, Safary, a leading Web3 marketing analytics company, released a groundbreaking research report titled "The Web3 Growth Landscape 2023." The report shed light ...
Japanese Prime Minister Fumio Kishidare has reaffirmed his nation's unwavering commitment to the Web3 sector. During his keynote speech at the opening ceremony of the WebX conference in Tokyo, Kishida emphasized the immense potential of Web3 technology in revolutionizing the internet and catalyzing societal transformation. In his speech, Kishida underscored ...
Xterio has receiveda $15 million investment from Binance Labs, the venture financing and incubation division of cryptocurrency exchange Binance. The funding is expected to fuel the further development of Xterio's games and technology, with a particular focus on exploring the integration of artificial intelligence (AI) into its gaming platform. We're ...
The Hong Kong government has released a study that highlighted the need for the region to catch up with its East Asian and Gulf counterparts in terms of web3 development. The study, titled "Development of Web 3.0 Technologies in Selected Places," also suggested using the insights gained to shape Hong ...
Mitsui, a prominent Japanese trading conglomerate, has entered into a strategic cooperation agreement with Animoca Brands, a digital entertainment and blockchain technology company, to establish a new venture aimed at promoting web3 technology and fostering innovation in the Japanese market. With a strong track record of business development and a ...
The U.S. House of Representatives Subcommittee on Innovation, Data, and Commerce of the Energy and Commerce Committee held a hearing on June 7, 2023, to discuss the future of Web3 and blockchain technology in the country. Prominent figures from the industry, including Ryan Wyatt, president of Polygon Labs, and representatives ...
Foresight Ventures, a Singapore-based venture capital firm, has announced its commitment to invest an additional $10 million into its Foresight X Accelerator program. This brings the total funding for the accelerator to $20 million. The decision comes alongside the launch of the second round of applications for the accelerator, with ...
According to a recent interview with officials from European airlines Lufthansa and Eurowings, travel companies are embracing Web3 technologies to propel the industry forward. Lufthansa and Eurowings are among the early adopters of the Camino Network, a blockchain platform specifically designed for the travel industry. The Camino Network blockchain and ...
