Author: bitcrypto.io
Avail adds Cyber Fund alongside other notable VCs to Series A funding round to accelerate its highly secure rollup interoperability and scalability solution. Avail has raised a total of $75M from prominent investors including Peter Thiel’s Founders Fund, Dragonfly Capital, Cyber Capital and other notable VCs and angel investors to address the problems facing rollup interoperability, scalability and security. Avail will use the recently raised $43M Series A to build the unification layer for web3. As rollups proliferate throughout web3, infrastructure related challenges are emerging that require immediate attention. Rollups need Data Availability (DA) to scale and Avail has been…
Meta plans to bring more generative AI tech into games, specifically VR, AR and mixed reality games, as the company looks to reinvigorate its flagging metaverse strategy. According to a job listing, Meta is seeking to research and prototype “new consumer experiences” with new types of gameplay driven by generative AI, like games that “change every time you play them” and follow “non-deterministic” paths. In parallel, the company aims to build — or partner with third-party creators and vendors — generative AI-powered tools that could “improve workflow and time-to-market” for games. The focus will be Horizon, Meta’s family of metaverse…
Global entertainment platform CRETA held its first-ever media conference in the Philippines at the Grand Ballroom of the Grand Hyatt Hotel. Chief Creative Officer Ray Eiichiro Nakazato, Partner Thomas Vu, and Chief Producer Kay (Seokho) Yoon led the event, introducing the next evolution of gaming entertainment to an audience of media and industry guests. Mr. Nakazato was enthusiastic as he discussed how Web3 technology empowered the CRETA pillars of metaverse, social media, gaming, and game development. Philippine Department of Information and Communications Technology Undersecretary Jocelle Batapa-Sigue and Blockchain Council of the Philippines President Donald Lim were on hand to welcome…
Looking forward, what moves are traders likely to see out of the cryptocurrency industry? Here are what some experts seem to think 2024 has in store: Many changes are taking place in the cryptocurrency industry every day — from El Salvador being the first country to adopt Bitcoin as legal tender to China outright banning all cryptocurrency transactions, it can be difficult to keep up with all the changes going on. Meme Coins Could Continue to Surge Meme coins work differently than more traditional cryptocurrencies like Bitcoin and Ethereum. Coins like Dogwifhat and Render trade on internet rumors, memes and…
Lif3 Chain” designed for public permissionless use with curated contract deployment. Lif3.com (LIF3/USD)(LIF3/USDt), the revolutionary omni-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom through LayerZero bridging, is thrilled to announce its premier partnership with evmOS to launch the world’s first Layer-1 solution. “Our partnership with evmOS represents a pivotal advancement in the blockchain industry,” says Harry Yeh, Managing Director of Quantum FinTech Group. “By introducing the world’s first Layer-1 solution for public permissionless use with curated contract deployment, we are enhancing the security and efficiency of smart contract implementation and democratizing access to this transformative…
WELL3, the biggest Web3 wellness platform transforming personal health data management, announced today the listing of its native WELL token on Bybit, Bitget, and Gate.io, three world’s leading exchanges. The WELL token will be available for trading on July 3, 10:00 AM UTC. Token contract address is as follows: 0x63696Fc66795B51d02c1590b536484A41fbDDF9a. Upon listing, several token related campaigns and competitions will be rolled out. The token distribution of the WELL token is as follows: This exclusive opportunity is a testament to WELL3’s commitment to rewarding its early adopters across diverse exchange platforms. The WELL token serves as the primary means of value…
Futureverse and Animoca Brands have announced a strategic partnership through a Memorandum of Understanding, committing to mutual investments valued at $5 million to expand their metaverse and blockchain initiatives. This collaboration aims to enhance Futureverse’s metaverse technology stack and enrich Animoca Brands’ extensive portfolio of blockchain-based entertainment products. The partnership is set to leverage both companies’ strengths to boost the development and interoperability of various digital tokens and technologies. Futureverse will integrate its advanced AI and metaverse tools, such as Dynamic Object Transfer (DOT) and Dynamic Object Creator (DOC), across Animoca Brands’ network of over 400 Web3 projects. This initiative…
Despite the constant scrutiny of Web3 games, the market has witnessed strong sustainable growth in the last year. Latest report shows that blockchain-based games saw a record $988 million investments in April 2024 alone, taking the overall Q1 investment to well over $1 billion. The market is currently projected to surge to $65.7 billion by 2027, reflecting a CAGR of 70.3%. This explosive expansion underscores the increasing adoption and integration of blockchain technology in gaming. However, as the market grows, so do the challenges and complexities of this ecosystem. The Challenges of Interoperability and Fragmentation Despite the rapid developments, the complexity of the Web3…
Nigella Chain, an innovative platform leveraging blockchain technology to ensure transparency and traceability in the agriculture and food industries, is pleased to announce its listing on major cryptocurrency exchanges XT.COM, BitMart, and ProBit Global Exchange. Founded by Mr. Fatih EKE, the Nigella Chain platform is designed to verify the origin and quality of products, helping to avoid and minimize the use of counterfeit and low-quality goods. It improves transaction processes and reduces costs by automating transactions using smart contracts, endorsing shopping with cryptocurrencies, and expanding payment options worldwide with the help of Nigella Pay. The most popular cryptocurrencies are brought…
Unitap, a brand-new ecosystem for interacting with TAP DeFi, is thrilled to announce the launch of the Unitap OG Pass, marking a significant milestone in decentralized finance on Bitcoin L1. The Mint Presale event for the Unitap OG Pass is scheduled for July 3, 2024, at 4:00 PM. The Unitap OG Pass is on the Bitcoin blockchain, and the community is growing with over 20,000 Twitter followers and almost 6,000 Discord members. Exclusive Benefits for Unitap OG Pass Holders The Unitap OG Pass offers a range of exclusive benefits to its holders, including: Importantly, there’s zero team allocation – 100%…
