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The Stellar Development Foundation designed a payment app that leverages stablecoins for fast and cheap transfer and is user-friendly for trauma and disaster victims. That’s why Stellar Aid Assist is one of CryptoX’s Projects to Watch 2023. Source
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Nailwal said that reaching mass adoption will ultimately come down to the benefits that Web3 applications can provide, such as self-custody and the ownership of digital collectibles. Starbucks’ Odyssey program, for instance, combines customer loyalty rewards with NFTs, as well as gamified elements. Original Source
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Citi believes that the tokenization of financial and real-world assets on the blockchain platform would be a “killer use case” and could reach up to almost $4 trillion in value by 2030. Blockchain technology and crypto assets are making inroads into mainstream finance very fast as financial giant Citi acknowledges the
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According to Claudio Riff, the CEO of Pooky, a sport prediction game powered by blockchain, gaming may be one of the more effective ways of getting users to experience the potential of blockchain and Web3 without dealing with the associated complexities. Onboarding People to Web3 Through Gaming Pointing to the gaming industry’s
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The sentiment permeated talks and fireside chats at the 2023 Blockchain Africa Conference in Johannesburg, South Africa. Source
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Blockchain Founders Fund, a venture capital fund supporting the adoption of Web3 and blockchain technology, has announced the close of a $75 million fundraising round from companies such as Polygon, Ripple, Octava, NEO Global Capital, Appworks, GSR, LD Capital, Metavest Capital and others, such as Sebastien Borget, chief operating officer of
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Bitcoin (BTC) traded sideways at the Jan. 24 Wall Street open with analysts at a loss over where price would go next.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price holds below key resistanceData from Cointelegraph Markets Pro and TradingView tracked a day of consolidation for BTC/USD, which continued to linger
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Despite the ongoing crypto winter, which has affected many businesses in the greater Web3 space, investments continue pouring into the space.On Jan. 17, the Hong Kong-based global asset manager HashKey Capital announced the closing of a $500 million investment round for its FinTech Investment Fund III. According to the company,
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The company hasn’t commented on what roles were largely requested to leave in the latest round of layoffs.As the crypto winter continues to show its effects on blockchain-related companies and exchanges, another big news of mass layoffs in the industry is doing rounds. Popular cryptocurrency exchange Crypto.com has slashed its
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Web3 features are just beginning to appear on smart TVs, but they could become an on-ramp for general consumers. Source
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