Brazilian Asset Manager Hashdex to Launch Web 3 ETF on Local Stock Exchange
The ETF will start trading on March 30 under the ticker WEB311. Original Source
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Web 3’s Use of AI Will Present Challenges, but They Are Not Insurmountable
Software trends, including cloud computing, networking and cyber security are being reimagined with machine learning as a first-class citizen. Original Source
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Bessemer Commits $250M to Web 3, Launches DAO
The firm has also launched BessemerDAO, a Web 3 community for founders, creators and operators. BessemerDAO is meant to connect members of the crypto community for idea sharing, business development and tokenomics. The effort won’t be decentralized at first with Bessemer partners making decisions for the DAO, but the firm
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The NBA’s Web 3 Innovation Dilemma
The league led the way with NBA Top Shot. But is it ready for the bigger implications of Web 3 for fan engagement and ownership? Source
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‘Minimum Viable DAO’ Product Looks to Supercharge Web 3 Governance
Decent Labs has an opinion on what the future of DAOs should look like, and it’s baking it into a new set of tools. Original Source
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Espresso Systems Raises $32M to Bring Scaling and Privacy to Web 3
Espresso Systems is developing layer 1, or base blockchain, infrastructure to deliver fast, low-fee transactions by integrating a proof-of-stake consensus protocol with a zero-knowledge (zk) rollup mechanism that can bundle multiple transactions in a more resource-efficient way. Source
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‘How Can Information Be Free but Expensive?’: Holly Herndon on Web 3, Art and the Future of IP
Artists Herndon, Mat Dryhurst and Dan Keller discuss where they see Web 3 taking culture, why weirdos thrive in a Web 3 world, and what makes Berlin a nexus for art and tech. Source
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Griffin Gaming Partners Raises $750M Fund with Eye on Web 3
“The lines have blurred across gaming, media, sport, and social connectivity,” said Sanderson in the press release. “By seeing more than 1,300 qualified investment opportunities a year, we get a bird's eye view into the industry and what it will take to succeed in the next phase of interactive entertainment
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The Hunt for Web 3 Gaming Models
Building on Axie’s popularity, leading global gaming studio Ubisoft announced Ubisoft Quartz, a platform for collecting and trading gaming NFTs. The backlash from gamers in its community, however, was immense, and the project died a silent death. Gamers were repulsed by the blatant revenue grab of an NFT model, which
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