Web3 Communication Stack Sending Labs Raises $12.5M
The startup creates technology to make decentralized communication easier for developers and users. Original Source
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Web3
Napster Expands Into Web3 Music Space With Acquisition of Mint Songs – Bitcoin News
On Wednesday, Napster, the music streaming service originally launched in 1999, announced that the company has finalized a deal to acquire the Web3 music startup Mint Songs. Napster’s CEO, Jon Vlassopulos, insists that “we are in an unprecedented era of innovation in the digital music space,” and he believes Web3
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Napster Revives Its Music Ambitions With Web3 Acquisition of Mint Songs
“We are in an unprecedented era of innovation in the digital music space and it feels like there have been more music startups formed in the last two to three years than in the previous 20,” Jon Vlassopulos, CEO of Napster, said in a press release. “It’s inspiring to see
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Former Warner Music CEO Joins Web3 Company OneOf’s Board
“OneOf and many other companies are doing a lot more with [Web3] technology than just PFPs [profile pictures] this year. The work that we are doing with major corporations in banking, travel and entertainment are traditionally noncrypto companies,” Dai told CryptoX. “Having Steve in helping us and guiding us as
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Abu Dhabi to back the growth of Web3 startups with $2B
Abu Dhabi's technology ecosystem, Hub71, has announced a new initiative called "Hub71+ Digital Assets," with a capital backing of over US$2 billion. This project aims to advance Web3-based innovations, such as blockchain technology and metaverse applications. The initiative aspires to provide Web3 startups with access to a range of programs,
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Abu Dhabi Starts $2B Initiative to Back Web3 Startups
The initiative will be based at Hub71 in the Abu Dhabi Global Market financial district. FABRIC, the research and development hub of the First Abu Dhabi Bank (FAB), is the anchor partner of the initiative, which also includes crypto exchanges and service providers. Source
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Hello Pets Depict an Open Entertainment Ecosystem and Aim to be the Next Disney in Web3 – Sponsored Bitcoin News
sponsored Hello Pets team is building an open entertainment ecosystem where the community can join in the storytelling and art creation of shared IPs. Starting from their own adorable pet characters, Hello Pets also actively incorporate external NFT characters into their story and invite the holders and communities to create
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Czhang Lin Explains the Investment Strategy of LBank Labs in Web3 – Interview Bitcoin News
LBank Labs is the venture capitalist and blockchain accelerator arm of global crypto exchange LBank. Spearheaded by investor Czhang Lin, LBank Labs is entering the market with a 100 million USDT fund to propel the Web3 industry. He recently joined the Bitcoin.com News Podcast to talk about their investment strategy and
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Sequoia, Dragonfly Back Web3 Startup Caldera in $9M Rounds
The capital will go toward hiring, partnerships and integrations. Source
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DeFi vs. Web3: Key differences explained
Web3 uses blockchain technology to create a more equitable internet. The original vision of the internet was that it would be decentralized and accessible to everyone, but unfortunately, this vision has been lost, as the web has become increasingly centralized. DeFi is essentially Web3’s version of a more transparent
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