DAO

Chainlink And Pitango’s First Labs Unveil Summit And Hackathon To Boost Web3 Development In Israel

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Wednesday, August 17, 2022 - 5:16pm

Upcoming Web3 summit and hackathon to enhance Israels web3 startup ecosystem by connecting initiatives with mentorship and industry thought leaders.

Key Points: 
  • Upcoming Web3 summit and hackathon to enhance Israels web3 startup ecosystem by connecting initiatives with mentorship and industry thought leaders.
  • Ethereum-based decentralized oracle network Chainlink, in partnership with Israeli venture capital firm Pitangos Web3 venture lab First Labs, has revealed an upcoming web3 summit and hackathon scheduled to kick-off in September 2022.
  • Through this summit and hackathon, Chainlink and First Labs will serve as the conduit for blockchain initiatives to connect with local mentors and thought leaders from the Israeli startup ecosystem to address blockchain development challenges.
  • Just months ago, Pitango, a prominent Israeli venture capital firm, launched its Web3-focused venture lab named First Labs.

Shima Capital Debuts with $200 Million to Support Web3 Founders through "Crypto Bear Market"

Retrieved on: 
Wednesday, August 17, 2022 - 3:30pm

SAN FRANCISCO, Aug. 17, 2022 /PRNewswire/ -- Shima Capital ("Shima"), a global venture firm that invests in early-stage blockchain companies across all market cycles, today announced that it has launched its debut fund, Shima Capital Fund I ("Fund I" or the "Fund") and has collectively raised $200 million. The Fund received significant support from notable investors including Dragonfly Capital, Bill Ackman, Animoca, OKex, Mirana Ventures, Republic, and Andrew Yang, among others.

Key Points: 
  • The Fund received significant support from notable investors including Dragonfly Capital, Bill Ackman, Animoca, OKex, Mirana Ventures, Republic, and Andrew Yang, among others.
  • Founded in 2021 by veteran investor Yida Gao, Shima Capital supports blockchain startups in their earliest stages (i.e.
  • "Yida Gao and Shima Capital exemplify the early stage venture capital that's needed in Web3.
  • Shima is composed of seasoned investors, accomplished operators, and former founders who align on a mission to support all-star teams with building and scaling generational companies.

Luna Market Launches Insomnia Labs, a Web3 Advertising & Technology Company Dedicated to Bringing the World’s Biggest Brands Into the Metaverse

Retrieved on: 
Wednesday, August 17, 2022 - 3:00pm

NEW YORK, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Luna Market , a metaverse advertising and technology agency, has rebranded to Insomnia Labs, a web3 advertising and technology company focused on bringing the worlds biggest brands into the metaverse.

Key Points: 
  • NEW YORK, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Luna Market , a metaverse advertising and technology agency, has rebranded to Insomnia Labs, a web3 advertising and technology company focused on bringing the worlds biggest brands into the metaverse.
  • As Luna Market, the company became widely-known for helping to build popular, interoperable, utility-based NFTs (non fungible tokens).
  • Now, as Insomnia Labs, the company is expanding its offerings to provide a full suite of advertising and technology services to help brands achieve their goals in the metaverse.
  • Insomnia Labs launches fully digital campaigns using proprietary in-house technologies while also deploying scalable solutions for brands, to help them activate with the latest web3 technology.

CyberCrowd’s Proof of Collaboration release heralds interconnected Web3 era

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Wednesday, August 17, 2022 - 1:27pm

Singapore, Singapore, Aug. 17, 2022 (GLOBE NEWSWIRE) -- August 18 saw the official release via a post on social media by the CyberCrowd team of their Proof of Collaboration (PoC) protocol for the interconnection of Web2 and Web3.

Key Points: 
  • Singapore, Singapore, Aug. 17, 2022 (GLOBE NEWSWIRE) -- August 18 saw the official release via a post on social media by the CyberCrowd team of their Proof of Collaboration (PoC) protocol for the interconnection of Web2 and Web3.
  • CyberCrowds vision and mission statement,Collaborate with all, simplify the world, could become thefundamentalprotocol for allcollaborationin the Web3 era, just as the TCP/IP and HTTP protocols were for the Internet.
  • CyberCrowds belief is that their collaborative scheme to connect and empower the Web2+ decentralized collaboration + decentralizing governance and operation could solve the problems facing both centralized and decentralized cryptocurrency exchanges.
  • CyberCrowds Proof of Collaboration protocol could well promote an ongoing global, large-scale collaborative innovation and value exchange, which would enable a large number of decentralized collaborative scenarios.

Introducing Convival’s AAA Tower Defence Game, Where Even Non-NFT Players Can Earn Points

Retrieved on: 
Tuesday, August 16, 2022 - 4:39pm

Convival.io, which is an integration of blockchain and Web3, lets players construct battle decks for real-time battles.

Key Points: 
  • Convival.io, which is an integration of blockchain and Web3, lets players construct battle decks for real-time battles.
  • Moreover, Convival plans to offer a marketplace where players can trade NFTs and their character and upgrade cards.
  • According to Convivals whitepaper, players will be able to enjoy the game and earn rewards with no balance, unlike traditional games.
  • This free Play 2 Earn Tower Defense game takes place in a sci-fi world where robots are used for sport.

.bit Raises $13M to Build Cross-chain Decentralized Identity Protocol

Retrieved on: 
Monday, August 15, 2022 - 6:56pm

SINGAPORE, Aug. 15, 2022 /PRNewswire/ --.bit ( did.id ) has raised $13 million to build cross-chain decentralized identity protocol.

Key Points: 
  • SINGAPORE, Aug. 15, 2022 /PRNewswire/ --.bit ( did.id ) has raised $13 million to build cross-chain decentralized identity protocol.
  • .bit's open-source blockchain protocol will provide permissionless decentralized identification for individual users and DAOs.
  • Initial applications for .bit's decentralized identity protocol include Cryptocurrency transfer, decentralized domain resolution, personal profile display, etc.
  • .bit is a cross-chain decentralized identity protocol launched in July 2021.

.bit Raises $13M to Build Cross-chain Decentralized Identity Protocol

Retrieved on: 
Monday, August 15, 2022 - 2:00pm

.bit's open-source blockchain protocol will provide permissionless decentralized identification for individual users and DAOs.

Key Points: 
  • .bit's open-source blockchain protocol will provide permissionless decentralized identification for individual users and DAOs.
  • Initial applications for .bit's decentralized identity protocol include Cryptocurrency transfer, decentralized domain resolution, personal profile display, etc.
  • Further use cases for .bit's decentralized identity product include supporting the one billion citizens who lack legal identification.
  • .bit is a cross-chain decentralized identity protocol launched in July 2021.

Tracer DAO votes on historic proposal to merge with core service provider Mycelium and launch new derivative product

Retrieved on: 
Friday, August 12, 2022 - 2:40pm

BRISBANE, Australia, Aug. 12, 2022 /PRNewswire/ --Today, Tracer DAO has announced that its DAO has voted on and successfully passed a historic proposal to merge with their core service provider, Mycelium.

Key Points: 
  • BRISBANE, Australia, Aug. 12, 2022 /PRNewswire/ --Today, Tracer DAO has announced that its DAO has voted on and successfully passed a historic proposal to merge with their core service provider, Mycelium.
  • Tracer DAO is a decentralized finance protocol that released a new derivative primitive Perpetual Pools, hosted on leading Ethereum scaling solution Arbitrum in 2021.
  • As the core service provider to Tracer DAO since the beginning of 2021, Mycelium was responsible for developing the smart contracts for Tracer DAO's Perpetual Pools derivative product.
  • As part of the transition, Mycelium has also announced that a market leading Perpetual Swaps product will launch this month on Arbitrum.

Tracer DAO votes on historic proposal to merge with core service provider Mycelium and launch new derivative product

Retrieved on: 
Friday, August 12, 2022 - 1:54pm

BRISBANE, Australia, Aug. 12, 2022 /PRNewswire/ --Today, Tracer DAO has announced that its DAO has voted on and successfully passed a historic proposal to merge with their core service provider, Mycelium.

Key Points: 
  • BRISBANE, Australia, Aug. 12, 2022 /PRNewswire/ --Today, Tracer DAO has announced that its DAO has voted on and successfully passed a historic proposal to merge with their core service provider, Mycelium.
  • Tracer DAO is a decentralized finance protocol that released a new derivative primitive Perpetual Pools, hosted on leading Ethereum scaling solution Arbitrum in 2021.
  • As the core service provider to Tracer DAO since the beginning of 2021, Mycelium was responsible for developing the smart contracts for Tracer DAO's Perpetual Pools derivative product.
  • As part of the transition, Mycelium has also announced that a market leading Perpetual Swaps product will launch this month on Arbitrum.

Pushing the Boundaries of the Conventional, Decentraland Presents Metaverse Art Week 2022: The World is Made of Code

Retrieved on: 
Thursday, August 11, 2022 - 4:42pm

NEW YORK, Aug. 11, 2022 (GLOBE NEWSWIRE) --  Decentraland, the world’s largest user-owned and operated virtual social world, announced today the third edition of Metaverse Art Week - The World is Made of Code. Mirroring DNA in the natural world, in the virtual world, all life is made of code. Inspired by this year’s Venice Biennale, the third annual Metaverse Art Week will explore how the human spirit is hardwired to elicit an emotional response when presented with art inspired by mathematical designs present in nature, and how metaverse technology is pushing the boundaries of programmatic art and redefining what an immersive experience is.

Key Points: 
  • This years Art Week is a love letter to what the next generation of artists are doing in the metaverse.
  • Metaverse Art Week 2022 will host a series of activities throughout dedicated spaces inside Decentraland, centered around a 3D Sculpture garden known as Art Plaza, a gravity-defying open air museum.
  • Artnet, one of the biggest art communities online, is exploring the idea of the Metaverse through performance art, live-poetry and AI during Metaverse Art Week.
  • Metaverse Art Week 2022 aims to demonstrate the frontier of extended reality and the evolution of the visual internet.