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Mitsubishi, Fujitsu and Other Tech Firms to Create ‘Japan Metaverse Economic Zone’

The goal of the metaverse alliance is to help build the framework for corporations to tap into Web3 marketing, work reform and consumer experience initiatives, the press release said. RYUGUKOKU (TBD) will serve as a virtual world to connect users to different Web3 services created by companies and government agencies. Source

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How to create NFTs on the Cardano blockchain

Cardano is a proof-of-stake (PoS) platform launched in September 2017 by Ethereum co-founder Charles Hoskinson. In September 2021, Cardano added support for smart contracts, which paved the way for developing decentralized finance (DeFi) and nonfungible token (NFT) applications. NFTs landed on Cardano’s blockchain in 2022, with Cardano’s native cryptocurrency ADA

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Crypto Startup Monad Labs Aims to Create Next ‘Ethereum Killer’ After Raising $19M in Seed Round

The funding round for Monad was led by crypto venture capital firm Dragonfly Capital with the participation of 70 other investors, including Placeholder Capital, Lemniscap, Shima Capital, Finality Capital, as well as angel investors in the digital asset space such as Naval Ravikant, Cobie, and Hasu, the statement said. Original Source

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South Korean Lawmakers Debate 17 Crypto Proposals to Create Better Investor Protections

One promise on which President Yoon has been able to deliver, however, is the legalization of securities tokens, which are blockchain-based digital forms of traditional securities. On Jan. 19, FSC Chairman Kim Joo-Hyun announced that security token offerings (STO) had officially been legalized in South Korea. Source

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Ethereum devs create ‘shadow fork’ to test conditions for Ether withdrawals

As the proposed date for the Ethereum Shanghai update draws closer, developers have created a testing environment called a “shadow fork,” according to a Jan. 23 tweet thread by Go-Ethereum developer Marius Van Der Wijden. The new testnet appears to have been created in order to test the conditions needed

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