Dubai’s Crypto Adoption Goes Full Throttle with Bybit Partnership
Bybit, a well-known global cryptocurrency exchange, has partnered with Dubai Multi Commodities Centre (DMCC) to boost the growth and adoption of cryptocurrency and Web3 in Dubai. This collaboration marks a significant milestone in Dubai’s journey towards embracing digital currencies. On April 17, Bybit made an announcement about establishing its global headquarters in Dubai and hinted at upcoming localization initiatives in …
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Portals Raises $2M to Streamline DeFi Experience and Democratize Web3 Access
Portals, a groundbreaking platform aiming to simplify the Web3 ecosystem, has recently completed a successful $2 million seed funding round. The round was led by Lightshift Capital, with participation from LongHash Ventures, Daedalus Angels, Poolside, Basement Labs, Mechanism Capital, and notable angel investors such as Emile Dubie, Mathieu Baril, Owl.eth, 0xMaki, Rudy Kadoch, David Dias, and more. Transforming the DeFi …
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Maple Finance Launches T-Bill Pool for Web3 Investors
Maple Finance, a DeFi crypto lender, has launched a new cash management pool for U.S. Treasury Bill yields. The product will allow accredited web3 investors, such as decentralized autonomous organizations (DAO), offshore firms, Web3 treasures, and high net-worth individuals, to access the pool that invests in one-month Treasury Bills with no minimum lock-up period. Yield and Fees The pool will …
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Zealy Review: Build Stronger Communities with the Ultimate Contributor Experience
The Web3 industry is snowballing, with new projects and protocols emerging daily. In this dynamic and fast-moving landscape, building a strong community is more important than ever. A community can be the driving force behind the success of a Web3 project, helping to spread the word, attract new users, and provide valuable feedback to the team. But building a community …
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Sony’s Bold Leap to File a Patent for NFT is Creating Buzz
A new patent application for a non-fungible token from Sony Interactive Entertainment (SIE) is creating a buzz in the digital space. This patent, which represents an important step towards PlayStation’s entry into Web3, is an exciting turning point in the progress of online gaming. In addition to facilitating seamless interoperability between various games, the patent application by the gaming giant …
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Puma is Expanding its Presence in Web3 and Fashion
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Brandon Davis
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March 9, 2023
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News, Web3
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NFT, Web3
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0 Comments
Sports brand Puma is making progress in the world of web3 and fashion, as the german sportswear brand aims to launch a 10,000-strong PFP NFT Initiative. The announcement has been made on the auspicious occasion of its 75th anniversary on 10th February. The upcoming release is the part of its current company goals including contribution to building its fashion and …
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Decreasing Creators Royalty May ‘Curtail’ the Prospects of Web3:Yat Siu
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Brandon Davis
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February 27, 2023
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Web3, News
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Web3
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0 Comments
Yat Siu, a renowned businessman and fierce advocate for digital asset creators has highlighted the need to protect creator royalties amidst the growing competition for NFTs. Despite OpenSea and Blur’s attempts to drive Web3 adoption by reducing creators’ royalty, Siu underlines that this move could be detrimental in the long run and calls into question the overall ethics of Web3. …
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