Igniting the Innovation: MetaTrust Labs Empowers MAP Protocol Hackathon with Security Expertise and Grant Sponsorship
MetaTrust Labs provided financial support of at least $10,000 for the winning projects of the hackathon
QWAN Foundation Launches Universal Gaming Token for Web3 with Major Industry Players on Board
The QWAN Foundation is set to launch its QWAN token on May 31, which will be listed on multiple exchanges. QWAN aims to become a universal gaming token for web3, with major players already supporting its vision. Web3 gaming allows players to truly own their in-game assets as NFTs and use fungible utility tokens within a circular economy.
Jeremy Booth Leverages Web3 to Aid Beloved Western Photographer Emmie Sperandeo
Jeremy Booth, a leading Web3 Western artist, has launched a fundraising initiative to support fellow artist Emmie Sperandeo's recovery after a tragic accident. Sperandeo, a photographer and storyteller of the West, suffered physical injuries and significant memory loss after falling from her horse while moving cattle. Booth's initiative, titled "For Emmie," will feature a week-long NFT edition available for purchase, with all proceeds going directly to supporting Sperandeo's recovery. A GoFundMe page has also been set up for those unable to afford the NFT edition but still wanting to contribute.
Web3 Startup Transak Raises $20M in Series A Funding Led by CE Innovation Capital
Transak, a web3 payments solutions provider, has raised $20 million in a Series A funding round led by CE Innovation Capital. Other investors included SBI Ven Capital, Sygnum, Azimut, and Third Kind Venture Capital. The company plans to use the funds to scale web3 payments and develop infrastructure solutions, as well as expand its ecosystem through partnerships with leading blockchains. Transak offers a fiat on-/off-ramp infrastructure platform that allows users to buy and sell over 160 cryptocurrencies using various payment methods, and its software developer kit (SDK) can be adapted to multiple platforms and languages.
Security Expert Advises Web3 Startups To Prioritize Security Protocols
Shahar Madar, the head of security products at Fireblocks, spoke with Cointelegraph at the Israel Crypto Conference about the importance of security for Web3 startups. Madar emphasized that many startups prioritize growth over developing a security protocol, but this approach is not effective in a Web3 world with a focus on finance. He stressed the need for companies to have a security framework and to ask important questions about access control and infrastructure testing. Madar recommended that startups start small and imagine how they would hack themselves in order to create a game plan for security.
ChainwireAsia to Host METACON 2023 Conference on Web3, Metaverse, Blockchain, NFTs, and AI in Seoul
ChainwireAsia will be hosting the METACON 2023 Conference in Seoul from June 29-30, featuring distinguished experts from the digital fashion and gaming industries. Attendees will have the opportunity to connect, share ideas, and gain valuable insights into the latest trends and advancements in Web 3.0, Metaverse, Blockchain, NFTs, and AI. The conference will cover important topics such as Web 3.0, Metaverse, Digital Ecosystem, Ethics∙Law∙Regulation, and will feature prominent speakers such as Natalia Modenova, Kerry Murphy, Kodai Morishitas, and Yawn Rong. Early Bird tickets are available until June 11th for those interested in attending.
Universities Globally Embrace Blockchain and Web3 Studies through Collaborations and Educational Programs
Academic institutions worldwide are increasingly interested in blockchain and Web3 studies, with universities collaborating with tech giants to promote education and research in the field. Aleph Zero has partnered with the University of Nicosia in Cyprus to offer a research grant, while other universities such as Austral University and Business & Technology University are launching blockchain educational programs in collaboration with industry leaders. Carnegie Mellon University has established a new AI institute, recognizing the importance of AI in various industries. In addition, the University of Bahrain has partnered with Binance to expand crypto-education in the region, and Western Switzerland University of Applied Sciences has integrated Flux's decentralized blockchain network into their curriculum. These initiatives demonstrate a growing trend towards incorporating advanced technologies into education.
Filmmaker Jordan Bayne Believes Blockchain Offers Better Alternative to Hollywood Dynamics
Filmmaker Jordan Bayne, who has been involved in the Film3 movement since 2015, believes that blockchain technology can provide creators with more power and control over their work than traditional Hollywood. Bayne founded the Film Squad media collective, which showcases how indie filmmakers can use blockchain technology to their advantage in areas such as financing, distribution, and ownership.
Web3 Trends in 2023: Builders & Consumers
This year has been a particularly tumultuous one for the crypto market, with many decentralized and centralized entities failing or struggling to stay afloat. It feels as though we are in the final stages of the bear market, with bad actors and practices being purged in a process that is both dramatic and necessary for the maturity of the entire system. Despite this, the Web3 technologies that emerge from this crypto winter will change everything.