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GeneralBeginnerThe explosion of Decentralized Finance (DeFi) during 2020 and 2021, has brought a rise in renewed interest in DAOs; and a number of DAOs have already grabbed the attention of more conventional venture capitalists, including Mark Cuban, the billionaire who called them “the ultimate combination of…
#dao
GeneralBeginnerPlay It Forward DAO has kicked off 2022 by completing a US$6 million private round, co led by Kyber Ventures, Signum Capital, and UOB Venture Management. PIF DAO, only six months after launching, includes a guild of over 40,000 players and 3,000 scholars across multiple games including Axie…
#dao#metaverse#news
GeneralBeginnerWeb 3.0. also known as the Decentralized Web is the next generation of internet applications and services powered by distributed ledger technology. The third generation of the internet mainly focuses on connecting and accessing data in a decentralized way, rather than having it stored in…
#cryptocurrency#web-3.0
GeneralBeginnerRecently, Kraken founder and CEO Jesse Powell announced that the cryptocurrency exchange is working on a NFT marketplace that will appeal to customers who want to do more than just collect digital art. Kraken marketplace would provide custody services and the exchange is working on a system where…
#news#nft-marketplace
GeneralBeginnerLuxury sports car manufacturer Ferrari announced its partnership with Swiss blockchain startup Velas Network. The two companies have signed a multi year agreement to jointly issue “exclusive digital content” for the Scuderia’s fans. According to the announcement, Velas will also be the Title…
#news
GeneralBeginnerMeta, formerly Facebook, recently, announced the launch of Horizon Worlds, its virtual reality world of avatars, to anyone in the US and Canada, who are 18+ years of age and have the Quest 2 headset. The platform was in the testing phase since last year and was limited to select users. This is an…
#meta#news
GeneralBeginnerThe Metaverse has quickly become a superstar in popularity in the technology space and investment market especially since October 28th when Mark Zuckerberg rebranded Facebook to Meta, causing anything related to metaverse skyrocketing in price. The year 2022 is poised to be a significant year for…
#investing
GeneralBeginnerRecently, Polygon and Seven Seven Six launched a $200 million initiative to back Web3 social media projects. Seven Seven Six is owned by Alexis Ohanian who co founded Reddit in 2005. The Polygon team said that they are thrilled to have Alexis as a partner in this undertaking as he brings an…
#news
GeneralBeginnerIn the past six months, a new phenomenon has emerged among a growing number of investors who are selling their shares to purchase more crypto. A survey by consumer data aggregator CivicScience has found that the percentage of the Gen Pop who invest in cryptocurrency as a long term growth…
#cryptocurrency
GeneralBeginnerBinance Smart Chain has launched a $200M investment program with Animoca Brands to accelerate and incubate early crypto gaming startups that are building on Binance Smart Chain. Binance Smart Chain's $1B Growth Program and Animoca Brands both will co invest up to $100 million each to fast track…
#news
GeneralBeginnerCrypto exchange Bitmart lost nearly $200 million to a hack. The intruder breached wallets on Ethereum and Binance blockchains with a flood of transfers beginning around 2:30 PM (EST) on December 4th. The hack was first revealed by Peckshiel that initially identified a transfer of roughly $100M…
#news
