DWF Labs Backs The Development of Sensorium’s Web3 Platform With SENSO Token Purchase
Sensorium, the company behind the world's first AI-driven metaverse Sensorium Galaxy, announced today that it has secured a seven-figure purchase of SENSO tokens from DWF Labs. This initiative is aimed at supporting the development of a new decentralized platform that will further expand Web3 use cases for the company's flagship product.
Web3 is Not All About ‘Ownership’ — it’s So Much More
The focus on ownership as the defining quality of Web3 is limiting and incorrect, according to a CoinDesk op-ed. Instead, the article argues that verifiability is the clear throughline in all Web3 contexts, and the ability to verify is what enables users to voice their opinions and ensures a technical foundation that enshrines basic rights, even if the central actor in charge is not benevolent. The article asserts that the value propositions of Web3 will be essential not just for the systems built for ourselves, but for the internet at large, as authenticity, trust, and rebuilding trust become critical factors, and that Web3 natively has these properties built into it. (forkast)
MetaTrust and CrossSpace Partner to Strengthen Cybersecurity in Web3
MetaTrust and CrossSpace recognize this need and have decided to join forces to create a community that will work towards securing the Web3 ecosystem.
Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform Lore
San Francisco-based Lore, a co-ownership platform for Web3 collectives, has raised $4 million in a strategic funding round led by Multicoin Capital The capital will enable new use cases and expansion to additional blockchains beyond Ethereum, starting with Polygon and Solana.
Futuristic Business-Art Atmosphere Awaits You at #NFTSE 2023
From July 14th to 15th 2023, the Spanish city of Valencia will host the second edition of NFT Show Europe, one of the world leading events on web3, Blockchain, Metaverse, Virtual Reality and Digital Art. An international meeting point for experts to share their insights on the next era of the internet in a futuristic business-art atmosphere.
SuperWeb3 Entrepreneur Demo Day on April 6th
SuperWeb3 hosted the 6th Online Demo Day on April 6th, 2023 on ZOOM. There were 11 Web3 start-ups from around the world and 107 Web3 investors registered for the event. The start-ups are building products in GameFi, Infrastructure, Metaverse, NFT and Utility. All 11 start-ups showcased their innovative products to potential investors.
Alibaba Cloud Partners With Elastos to Spur Adoption of Open-Source Tech
Alibaba Cloud has announced a partnership with Elastos, a layer one blockchain protocol, to develop decentralized web communities and accelerate the growth of blockchain technology. This is part of Alibaba Cloud's broader Web3 strategy, which includes cloud-native blockchain development, serverless services, and private key and smart contract management tools. The partnership will focus on Decentralized Identifiers (DIDs) and enable Alibaba Cloud to offer its 2.3 million customers one-click deployment solutions, while Elastos devs will be able to leverage Alibaba. The two entities will also work on developing "one-click tools" to enable users to launch validator nodes on Elastos' blockchain platform.
Crypto Evening Briefing: Japan Approves Web3 White Paper to Promote Industry Growth in the Country
The document proposes more tax reform, clearer accounting standards and a DAO law.
BitValue Capital Invests $10 Million in IOST to Advance Web3 and AI Integration
The strategic partnership aims to support IOST’s mainnet upgrade and ecosystem development.
Japan Approves Web3 White Paper to Promote Industry Growth in the Country
Japan's ruling Liberal Democratic Party's Web3 project team has approved a white paper laying out recommendations for growing the country’s crypto industry. The white paper proposes changes to tax regulation, including tax exclusions for companies holding tokens issued by other companies that are not going to be traded short-term, and allowing self-assessments so that investors can carry over losses for three years. It also proposes setting up a DAO law based on Japan's godo kaisha and making changes to regulations under the Companies Act and the Financial Instruments and Exchange Act. The white paper notes that large companies in Japan have shown interest in the Web3 industry, but approvals for banks and insurance companies entering the industry remain unclear. The paper also proposes public-private partnerships to formulate guidelines on legal business models for fantasy sports services and recommends the issuance of crypto visas to skilled workers.
