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Tag: Web3

Web3 is the blockchain-based Internet, Web3 envisions a new version of the World Wide Web that incorporates notions like decentralization and token-based economy.

Chain Fusion Hub

Chain Fusion Hub @ Token2049 Singapore

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​Imagine a world where multichain d’App development is effortless, blockchains interact seamlessly, liquidity flows securely between Ethereum, Bitcoin, and other chains, and communities unite rather than divide. This is the future we’re exploring on Chain Fusion Day, powered by Internet Computer. Chain Fusion Hub, powered by ICP (Internet Computer Protocol), is an exclusive event series that brings together the strongest builders from...

Altcoins, Cryptocurrencies, Web3

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Sony Unveils Soneium: Ethereum’s Layer 2 for a New Web3 Era

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Sony introduces Soneium, an Ethereum Layer 2 blockchain. Aims at enhancing scalability and user-friendliness for mainstream Web3 adoption. Targets developers in entertainment, gaming, and finance. Plans include integrating Sony’s products into the Web3 ecosystem. Testnet launched in partnership with Astar Network. Sony’s Soneium: The New Frontier in Blockchain for Web3 and Beyond Sony Group, in collaboration...

Blockchain, Ethereum, Front page, News, Web3

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Samsung Teams Up with Illuvium to Showcase NFTs on Web3 TVs

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Samsung and Illuvium have announced a strategic partnership to integrate Illuvium NFTs into Samsung Web3 TVs. This collaboration will be showcased at Gamescom 2024, highlighting the future of gaming and digital art. Users of Samsung Web3 TVs will be able to explore Illuvium’s NFTs, including in-game weapons, Illuvials, and suits. The partnership signifies a new era of digital convergence and immersive experiences, pushing the...

Cryptocurrencies, News, Web3

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PEXX

PEXX Raises $4.5 Million in Seed Funding for its Innovative Stablecoin-to-Fiat Payment Platform

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16 July 2024: PEXX, a pioneering fintech startup specializing in cryptocurrency and blockchain technology, today announced the successful closure of $4.5 million in seed funding. This significant investment will propel the development of the company’s innovative stablecoin-to-fiat payment platform, set to revolutionize the way people transfer currencies across borders. The funding included 1 round led by TNB Aura, with participation...

Press release, Web3

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The Rise of Web3

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Web3 apps reach an all-time high of 10 million daily active users. Social sector sees a 66% increase in dUAW. NFT marketplaces experience a surge in trading volume. TVL in decentralized finance applications sees a decline. The future of Web3 is bright, with continued growth and innovation expected. In an exciting turn of events, the decentralized application (dApp) industry has reached a new peak, with daily active users...

Cryptocurrencies, dApps, Front page, News, Web3

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