Web3 data and AI company Validation Cloud completes $10 million in new round of financing
Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.
CryptoQuant founder: Trump may face some challenges as a Web3 founder
On October 13th, CryptoQuant founder and CEO Ki Young Ju wrote on X platform that if he were a Web3 founder, Trump would face some challenges, including:
B3.fun launches game platform BSMNT to help users discover and experience on-chain gaming methods
Based on the Base extension platform, B3.fun has now launched the Ethereum game platform BSMNT. According to B3.fun, one of the biggest problems for on-chain games is discovery. This is why they have launched the first major product, the BSMNT Beta version, which is a discovery platform that changes the way users discover and experience on-chain games.
DoraHacks platform approves 10,000th developer project
DoraHacks.io, a global developer incentive platform, passed the 10,000th BUIDL project submitted, making it the platform that has received the most submissions of Web3 and cutting-edge technology projects in global hackathons and open-source developer communities.<br>Since its launch in 2021, DoraHacks.io has had nearly 160,000 active developer users worldwide, with 10,000 early-stage developer projects approved for review. DoraHacks.io has also become a major platform for showcasing Web3 and cutting-edge technology development projects, participating in hackathons, and applying for funding.
Wu Jiezhuang: We will consider including Bitcoin in strategic fiscal reserves in the future
In response to Trump's speech at the Bitcoin conference, Hong Kong Legislative Council member Wu Jiezhuang expressed his views on X platform: Bitcoin and Web3 are important nodes in global development and should be encouraged for global development. In the future, under compliance, Bitcoin can be considered as part of strategic financial reserves. I believe that the government of the special zone will responsibly and gradually open the market.
Blockchain gaming infrastructure GGEM announces investment from IBC Group and GensoKishi
Web3 game launcher and game infrastructure GGEM, designed specifically for blockchain technology and encryption and chain games, announced the completion of new financing. IBC Group and GensoKishi participated, but the specific amount and valuation data have not been disclosed. It is reported that the new funds will support GGEM to introduce more games into its game launcher, expand its community and game partners, and build and integrate encrypted wallets.
Meta’s prototype ‘full holographic’ glasses could be a game changer for Web3
The new holographic display could give NFTs the Pokemon Go treatment.
Hong Kong invites global opinions on web3 and virtual assets future
The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal, and regulatory frameworks.
Web3 Foundation sets up a DOT prize pool worth about $65 million for deploying Polkadot JAM upgrade
On June 16th, according to CryptoSlate, the Web3 Foundation has launched a prize pool of 10 million DOT tokens (approximately $65 million) to support the deployment of Join-Accumulate Machine (JAM) upgrade to the Polkadot ecosystem. On May 27th, Polkadot founder Gavin Wood revealed that the community had nearly unanimously approved the upgrade proposal.The foundation stated that its initiative aims to promote innovation and enhance the Polkadot ecosystem by implementing various JAM protocols, thereby improving the network's resilience. The 10 million DOT award encourages the creation of JAM implementations in various programming languages, including OCaml, Go, and Zig. Qualified participants must reach specific milestones, such as importing and outputting blocks, meeting performance standards on Kusama and Polkadot, and passing security audits. The plan aims to ensure the development of a decentralized network capable of handling various computing tasks.The foundation stated that JAM provides a universal environment to ensure the scalability of L2, independent of rollup solutions, and meets the diverse needs of any application. It added that the community's strong support for JAM indicates a willingness to accept decentralized innovation while maintaining high standards. Although the upgrade schedule is currently unclear, its implementation will be carried out in five steps, including importation, authoring, speed checks, and security audits.
Web3 game publisher Sidus Heroes completes new round of financing, DWF Labs participates in the investment
Web3 game publisher Sidus Heroes announced the completion of a new round of financing on the X platform. Cryptocurrency trading market maker DWF Labs participated in the investment and reached a partnership with Sidus Heroes. The specific financing amount has not been disclosed yet. Sidus Heroes has currently used blockchain technology to create a space-based game metaverse, with products including Xenna, Tembazar, Nidum, and more. It is reported that DWF Labs will support Sidus Heroes' project development and growth, and provide the necessary tools and network for market development.
