Crypto VC Firm Paradigm Shifts Focus to “Frontier Tech” Beyond Blockchain and Crypto
Crypto venture capital firm Paradigm is expanding its focus beyond blockchain to include a broader range of "frontier tech" such as artificial intelligence, according to sources.
GlobalVox LLC launches new Blockchain vertical
GlobalVox LLC, a US-based software development and consulting company, has announced the launch of its new independent business vertical, TheBlockchainTeam (TBT), which will focus solely on blockchain products, projects, and consulting. The company currently has over 35 certified blockchain consultants and plans to expand its team to 100 experts.
Web3 Live: Two Days of Insights, Panels, and Discussions on Innovations in the Web3 World
Web3 Live, a highly anticipated event presented by Tech Circus, will take place on June 1st-2nd at the prestigious Cavendish Conference Centre in London. The event will bring together industry leaders from pioneering web3 brands to explore the transformative power of the next iteration of the internet, including emerging technologies such as the metaverse, AI, NFTs, and Smart Cities. Attendees will have the opportunity to engage in pre-event networking sessions with like-minded individuals, exchange ideas, collaborate on projects, and establish connections that could shape the future of web3. Web3 Live also offers exclusive VIP features, including a web3 boat party down the River Thames, and will continue the dive into emerging technologies following the highly successful Enter the Metaverse by Tech Circus.
Mainstream Brands and Financial Services Firms Hesitant to Fully Embrace Crypto Due to Uncertainty and Lack of Trust
Mainstream brands and financial services firms are cautiously exploring the world of cryptocurrency, but are hesitant to fully embrace it due to uncertainty and lack of trust. The crypto industry has faced challenges from regulators and internal issues as it tries to expand.
Ava Labs Launches AvaCloud to Help Businesses Build No-Code Blockchain Ecosystems
Ava Labs, the company behind Avalanche blockchain, has launched AvaCloud, a Web3 launchpad that enables businesses to build no-code, fully managed blockchain ecosystems.
Building an Ecosystem with Games will be the Optimal strategy for Next Bull Market?
Mirror World is a Web3 project that aims to revolutionize the gaming and DApp development landscape and it is poised to play a significant role in the next bull market by providing innovative and accessible solutions for developers and users in the Web3 ecosystem.
Bitgert Ventures Invests $1.4M in Fitness App IMOV for Strategic Partnership
Bitgert Ventures, a prominent venture capital investment platform, has announced a strategic investment of up to $1.4 million in the fitness app IMOV. IMOV's app promotes healthy activities and rewards users with crypto assets for their fitness efforts.
Ripple Joins $40M Decentralized Infrastructure Fund by Dispersion Capital for Web 3.0 Boost
Ripple Labs Inc, a US fintech company that recently launched a CBDC platform, has joined a $40 million decentralized infrastructure fund created by venture capital firm Dispersion Capital. The fund aims to boost Web 3.0 infrastructure that transcends protocols and networks, and will distribute funds to startups in their pre-seed and seed rounds. Dispersion Capital's focus is on promoting decentralization, equipping developers to design innovative applications that leverage the true potential of blockchain technology. The firm aims to bridge the gap by funding the creation of standard platforms and tools that will help developers unleash the true potential of blockchain technology.
Web3's Original Vision of an Interoperable Financial Landscape Under Attack, Says Outlier Ventures Founder Jamie Burke
According to Jamie Burke, founder and CEO of Web3 accelerator Outlier Ventures, the original vision of Web3 to create an interoperable financial landscape is under attack from concepts like Web2.5 and regulatory actions. Burke stated that some projects are compromising on limited versions of Web3 due to technical limitations, resulting in products that are not fully interoperable. This becomes a problem in decentralized finance, where fluidity and composability are necessary. Burke also believes that regulatory challenges lead to the stifling of innovation and suggests enabling peer-to-peer markets to increase the exchange of value and generate greater tax income for the state.
MoonfireVentures’ Fund II Has Completed a Fundraising of $115 Million and Will Invest in Fields Such As AI and Web3
On May 24th, Moonfire Ventures, a venture capital firm based in London, announced that its Fund II has raised $115 million and will invest in industries such as artificial intelligence, Web3, and AR/VR. Moonfire Ventures has previously invested in several Web3 startups, including Goals, an NFT soccer game development company, Sesame Labs, a Web3 marketing platform, and GOALS, a blockchain soccer game.
