Foobar is a well-known figure in the Web3 space, having made significant contributions to the NFT scene and highlighted security flaws in project contracts. He is also the founder of Delegate Cash, a service that allows users to create and assign hot wallets as a delegate for wallets that actually store their NFTs, providing a crucial measure of confidence to the decentralized world. In an interview with nft now, he discussed the future of Delegate Cash, his thoughts on what Web3 is lacking, and the potential of AI tools like ChatGPT to upend existing power structures. Foobar also noted that while the crypto app ecosystem has theoretical power and composability, there are still a ton of UX improvements that need to be made for the median person trying to send some USDC from one place to another. Despite challenges such as the shortage of competent developers in the crypto space and regulatory barriers, individuals like foobar are dedicated to educating the public and promoting decentralization, privacy, and other important principles. For those looking to educate themselves on these issues, curiosity and resources like Google and Twitter Advanced Search can be valuable tools. Foobar's own project, Delegate Cash, was inspired by the need to protect users from phishing attacks and other security threats. He explained that he wanted to provide a feasible approach to protect users from phishing and hacking while still allowing for easy on-chain interactions. Foobar also discussed Liquid Delegates, a new way to tokenize NFT utility in a decentralized, trustless way. When asked about controversies surrounding AI tools like ChatGPT, foobar noted that the machine learning world is facing similar roadblocks as the crypto industry and that the benefits of AI technology may outweigh any attempts to outlaw or ban it.

Kresus, a new crypto wallet and Web3 SuperApp, has been launched on the iOS app store. The mobile SuperApp, founded by entrepreneur Trevor Traina, is the first of its kind for Web3 and simplifies the blockchain experience for users. Kresus offers a complete set of tools necessary for blockchain interaction and is accessible to anyone who wants to explore the blockchain. It is a non-custodial solution that provides complete control over digital assets and offers top-notch security measures, making it similar to a hardware wallet without a physical device. Kresus consolidates the features of various apps, tools, and platforms into a user-friendly mobile app, allowing users to store all their cryptocurrencies and digital assets in one place.

The impact of Asian markets on the global financial landscape extends beyond the stock market to the NFT realm. In celebration of AAPI Month, nft has partnered with GoldenDao to recognize exceptional Asian founders in Web3 and NFTs. Among these founders are Nicole Yap, Yat Siu, and Debbie Soon, who have contributed significantly to the growth and success of Web3 applications in gaming, entertainment, and beyond. The book "NFTs Are a Scam / NFTs Are the Future" explores the future of creativity and debunks common misconceptions about NFTs, featuring insights from Bobby Kim on the NFT revolution. Additionally, Geummy, an NFT educator and founder of Weosh, promotes inclusivity and community through arts and wellness in the NFT and crypto space.

Creating a successful NFT community can be difficult due to the newness of the technology, but it is a trend that all artists and creators should consider. To achieve this, community managers need to have a well-planned strategy that incorporates engagement techniques, community goals, and guidelines. NFTs are digital assets that represent non-fungible tokens, and their community is where creators, designers, and collectors gather. Building an NFT community requires clear goals, choosing the right platform, and engaging with the audience. Popular social media channels for NFT communities include Discord, Reddit, Telegram, and Twitter.

LG Electronics has applied for a patent to acquire an NFT trading patent for its Smart TV, according to a recent report published on WIPO's global database for intellectual property. The filing application can only be published after 18 months, and LG filed for the patent in November 2021. The technology will allow users to connect their crypto wallet and an NFT market server for trading. LG has also partnered with cloud-based tech platforms Oorbit and Pixelynx to integrate Metaverse on big screens. Samsung has also announced that its new smart TV product lineup will have an NFT marketplace.

Line Next, a subsidiary of the company behind the popular Asian social app Line, has announced the release of five new Web3 games on its gaming platform, Game Dosi, in the second half of 2023. The games include Sweet Monster Guardians, Vestria the Last Order, KEROZ, Drawship Kingdom Reverse, and Project GD. The latter is an internally-developed IP that will span multiple games over time. Game Dosi will offer NFT rewards from its forthcoming Project GD game, and players can earn these rewards by completing missions found on the company’s community website. The official launch of Game Dosi is scheduled for May 18, with a membership sale offering gold and platinum-tier NFT passes that grant benefits such as early access to the new games.

Nexon, a major gaming company, is venturing into the web3 space by creating a blockchain-based ecosystem for its popular game MapleStory. This ecosystem will allow players to trade in-game assets as non-fungible tokens and Nexon is collaborating with partners to transition into web3 and create sustainable crypto games. In addition, the company is partnering with Haechi Labs to offer a self-custodial wallet called Face Wallet, which provides users with a user-friendly and secure way to log into crypto games through their existing accounts with Google, Facebook, Apple, Discord, and Kakao. Haechi Labs ensures that the encrypted data, known as "Share 2," is securely stored in both the user's device and the Face Wallet team's repository, and other developers are also working on making self-hosted wallets more user-friendly through smart contract capabilities and the Ethereum community's "account abstraction" upgrade.

Tensor, a Solana-based NFT marketplace, has seen a significant increase in market share, reaching 45% over a seven-day period. This is a significant achievement for a relatively new platform competing against a giant with almost 200 times the users. However, Tensor's co-founder, Richard Wu, emphasizes that market share is not the top priority for the platform, but rather its goal is to grow Solana 10x. The Solana ecosystem is getting stronger, and projects like Mad Lads have demonstrated incredible success with their launch on Solana.

Pudgy Penguins, a web3 IP company and NFT collection, has raised $9 million in its seed round, indicating the growth of the digital asset subsector. The funds will be used to scale its intellectual property, team, and enhance offerings for its community. This could pave the way for larger intellectual property moves in the subsector. In other news, several blockchain companies have raised significant funding, including Network, Webb Protocol, Artifact Labs, and Siphon Lab. 

Assassin's Creed has announced a new collection of customizable "smart collectibles" that will be available on May 16. The collection includes a transparent 3D-printed cube with a character figure inside and a Polygon-based NFT called a "Digital Soul" that provides proof of ownership. Fans can purchase a Digital Soul NFT, which comes in two tiers of rarity, and customize their character with different poses, outfits, and weapons.