Web3GO Labs: Web3 Builder doesn't have to go it alone
Web3GO Labs is an innovation lab focused on building Web3 and supporting early-stage Web3 entrepreneurs through its startup incubator, community, and education center. It aims to provide guidance, resources, and networking opportunities to help these entrepreneurs navigate the challenges and complexities of the Web3 space.
Wow Bao Unveils Web3 Loyalty Experience: Mint NFTs, Get Discounts, Enjoy Free Meals
Wow Bao, an Asian street food specialist, has announced its exploration of Web3 by converting its traditional point-based rewards into an innovative NFT-backed loyalty system. The new initiative introduces NFTs called "CollectaBaos," which can be purchased for $99 and grant a year-long membership to Wow Bao's loyalty program, offering discounts, complimentary meals, and exclusive merchandise.
SharkTeam: Analysis of the Tornado.Cash Proposal Attack
On May 20, 2023, Tornado.Cash experienced a proposal attack, resulting in the attacker profiting approximately $680,000.
Japan Aims to Lead Web3 with Whitepaper Recommendations for Crypto Expansion
The Japanese government has released a whitepaper outlining recommendations to expand the country's crypto sector and become a leader in Web3. Prime Minister Fumio Kishida believes that blockchain technology can solve problems in Japan and the government is considering using non-fungible tokens and decentralized autonomous organizations to support the "Cool Japan" strategy.
US Stablecoin Bill Could Establish World's Most Reliable Stablecoin
The Web3 industry in the United States is keeping a close eye on regulatory developments, especially as the Securities and Exchange Commission intensifies its crackdown on cryptocurrency exchanges. Despite this, Corey Then, vice president of global policy at Circle, remains optimistic and believes that U.S. regulatory developments could favor local players. He sees potential in the recently released draft stablecoin bill from the U.S. House Financial Services Committee, which could establish the world's most reliable stablecoin by mandating that stablecoin issuers maintain reserves to back their stablecoins on at least a one-to-one basis. Circle CEO Jeremy Allaire also believes that regulation would benefit the cryptocurrency industry by increasing consumer confidence and sees stablecoin bills as an opportunity to ensure safe access to dollars and decrease transaction costs for consumers.
Amphi: Under Web3, language will no longer be a communication boundary
Amphi is a Web3 platform aiming to create an international standardized employment platform for translation services. It utilizes smart contracts to ensure transparent benefit distribution and allows for collaboration among translators, proofreaders, and demanders to deliver high-quality translation works. However, the platform is currently working on increasing liquidity and attracting more users to enhance its development.
ScalingX: Advancing the Future of Encryption with ZK
This article introduced ScalingX, which is a global developer community focused on advancing Web3 and blockchain technology, particularly zero-knowledge proof (ZK) technology. It also states that ScalingX strives to be a guiding force in the Web3 space, driving the transition towards a more innovative and inclusive decentralized internet.
NFT and LIKN: Web3 Solutions that Revolutionize Content Creation
LIKN is a Web3 protocol designed to provide better revenue and privacy protection for content creators. Its main goal is to convert any type of Web2 content into valuable digital assets and achieve fully decentralized transactions and access control.
MultiversX Teams Up with Opera to Integrate Support for Its Metaverse-focused Blockchain Ecosystem
MultiversX, a blockchain company focused on the metaverse, has partnered with Opera, a crypto browser, to integrate support for its growing ecosystem.
ChainAegis: On-Chain Data Analysis for the Blend Network
On May 1, 2023, Blur, an NFT trading platform, officially announced the launch of Blur Lending, abbreviated as Blend. Blend is a peer-to-peer lending protocol that supports any collateral, including NFTs.