Web3

Tortola, BVI, March 22nd, 2024, Chainwire Web3 infrastructure provider Entangle has announced that it has received strategic investment from Consensys. The funding provided by the blockchain incubator takes the total funding received by Entangle to $4M. In January, Entangle revealed that it had closed a private round that attracted leading VCs such as Big Brain Holdings, Launch Code Capital, Seier Capital, and Skynet Capital. The follow-on investment from Consensys will support Entangle’s goal of building out its interoperable omnichain messaging…

BVI, BVI, March 20th, 2024, Chainwire Mystiko.Network, the leading Base Layer of Web3, has completed a 18 Million USD seed funding round led by Sequoia Capital India/SEA (now known as Peak XV Partners), with participation from Samsung Next, Hashkey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar Ventures, etc.  In less than a year, Mystiko V1 mainnets have supported over 134 Million USD transaction volume, 214K+ transactions on 5 different layer1/layer2 blockchains, with 54K+ unique active…

The “Inevitable Games Fund,” launched as a result of the partnership between the three companies, has a $100 million budget to invest in Web3 gaming startups.  IGF - Fund Overview Immutable, Polygon Labs, and King River Team have collaborated to establish a $100 million Web3 gaming fund known as the Inevitable Games Fund (IGF). The fund aims to invest in early-stage, high-growth Web3 gaming startups and contribute to the advancement of the Web3 gaming industry. The Inevitable Games Fund is…

Cayman, Cayman Islands, March 20th, 2024, Chainwire zbyte, the trailblazing Web3 infrastructure platform, announces the launch of its groundbreaking SDK, setting a new standard in the ease of blockchain development and accelerating the growth of Web3 ecosystems. This SDK launch is a pivotal step in zbyte's mission to democratize blockchain technology, making it accessible and practical for creators, entrepreneurs, and developers across the globe. Empowering Creators with Revolutionary Tools: The zbyte SDK is designed to remove the complexities traditionally associated…

Nektr (‘nek-ter), a Polygon-based token offering Web3 business and commerce solutions, announced the release of two new decentralized applications (dApps) as part of its recent rebranding. Nektr is developing a Web3 Commerce Marketplace platform with P2P and B2P offerings, formally launching in Q2 or Q3 of 2024. Behind it is a USA-based company, N3ST3D (‘nestid) Labs, LLC, that aims to become a standout presence in the Web3 landscape. Nektr’s mission is to reshape e-commerce by leveraging the power of Web3…

In a landscape where innovation meets expertise, MercureDAO emerges as the leading Web3 Incubator, revolutionizing the way brands navigate the crypto space. As they propel into the future, MercureDAO invites you to join the Web3 revolution and elevate your brand to unprecedented heights. Key Achievements: 30+ Project Promotions: MercureDAO has successfully propelled over 30 projects into the limelight, showcasing the prowess in effective project promotion within the dynamic crypto space. Crypto & NFT+Web3 Experience: With a rich history of experience…

In a significant leap for artificial intelligence and Web3 technology, Delysium has introduced "Lucy," the operating system at the heart of the “YKILY” AI Agent Network. Lucy, initially confined to the Metaverse, was released in April, representing a crucial advancement in AI Agent capabilities. This development not only freed Lucy but also broadened the spectrum of user interactions in the digital realm. The response was phenomenal, with over 1.4 million wallets now connected, marking a substantial milestone in AI and…

In a significant move that promises to reshape the landscape of the digital asset industry, Singapore's Whampoa Digital and South Korean gaming giant Wemade have announced a groundbreaking partnership. This collaboration centers on the establishment of a colossal US$100 million Web3 Fund by Wemade, aptly named the Wemade Web3 Fund, and focuses on pioneering digital asset initiatives across the Middle East. Whampoa Digital, a vanguard in technology investment, will become an integral ecosystem partner in Wemade's ambitious WEMIX PLAY Center,…

Kondux unveiled an updated roadmap and litepaper, confirming its commitment to new technologies and ideas and expanding further into gaming and virtual reality. This move is part of a significant overhaul in the project's journey, including a soon-to-be-released litepaper, an augmented team, and an improved website. Kondux is a Web3 technology development and design company that has been operating since 2021, adapting to industry changes and thriving in a competitive environment. The team is working on an interoperable technology for…